
Vl done till 1107 hours today:
Price | Trade | Vol | Sell to Buyer | Brought from Seller | |
11,818,000
|
2 | 365,000 | 0 | 0 | 365,000 |
0.29 | 26 | 2,106,000 | 1,259,000 | 0 | 847,000 |
0.295 | 22 | 2,880,000 | 711,000 | 0 | 2,169,000 |
0.3 | 28 | 3,942,000 | 1,009,000 | 0 | 2,933,000 |
0.305 | 47 | 6,528,000 | 1,034,000 | 0 | 5,494,000 |
0.31 | 1 | 10,000 | 0 | 0 | 10,000 |
TOTAL | 126 | 15,831,000 | 4,013,000 | 0 |
Baker Tech’s half-year net profit surges 233% to S$11.5 million
• 1H09 Revenue increased by S$18.3 million or up 110% to S$34.9 million
• Gross Profit increased by S$11.4 million or up 184% to S$17.6 million
• Net Profit rose by S$8.1 million or 233% to S$11.5 million.
• Positive Operating Cash Flow of S$35.2 million; available cash and cash
• Annualised Return on Equity was 33.4% equivalents of S$63 million as at 30 June 2009
due to full six months recognition of Sea Deep’s performance compared to
just two months in 1H08.
Quarterly Financial Statement And Dividend Announcement for the Period Ended 30 September 2008
Net Profit +674%
Fung Choi is flat at 66cts but Chinmilk has hit new high at $1.63.....Baker still at 25.5
Luck to sell all my baker 27.5 mths ago and channel fund to jade,oculus,japanland and now in Fungchoi...imagine if I stick to Baker....
Fundamentally, it has superb growth record. It has big potential since it is in the media and marketing industry.
Technically, it broke a strong resistance line yesterday with high volume.
Remember me when it hits $1.50. :lol:[/quote]
latest rept by Credit Suisse...fung Choi in cantonese it means got rice and vegetable...suspected Fung Choi has secured contracts for printing for Bejing Olympics...with an impending roadshow..esaily $1.oo
So far we have seen many postings here based on TA. I have also read a thread for this counter in CNA Forum which has covered some background of the personalities involved.
The ownership of 15% of PPL Shipyard (a subsidiary of SemCorpMarine) should give Baker Tech to have a improved stream of cashflow as dividends from the booming offshore rig building business in the coming years.Just look at the surging shareprice of SembCorp Marine and Cosco !Would appreciate if somebody could share any FA done for this counter.
The Chang Family has a strong tradition in offshore engineering and therefore would have the full support of the industry network of business partners including suppliers, subcontractors and even ex- employees if they want to initiate oil rig building business using this vehicle. The start-up of Raffles Yantai in Shangdong when nobody dared to initiate any investment in marine/offshore industries in China, testify to their entreprenuerial flair.
I am vested...and all of us here will hope the Directors and the Management would act quickly while all the capacities for construction of rigs are already stretched. If Labroy can make it, Baker Tech can do twice as well.
I am confident that we will not be disappointed as shareholders in the near future.
Hopefully reversal Doji star will take over to lead.
Baker Tech has been on tremor these 2 days and may erupt any moment from 2moro.
Just my feeling.
Last Friday trading Vol. is 4.7 approx. but MAV is still high at 14M. With the Star Doji hopefully reversal. Counter needs holding power to play. Adx is flat & Di starting +ve, Res $0.29, support $.024 and stop loss $0.22.
Did I mentioned Rowsley making a strong comeback ?
In fact, Baker Tech has a very similar pattern. Just that, I think Baker Tech is disguising it's accumulation process.
Also, think Ban Joo will have a good chance of climbing much higher than this.