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No more good news, only citiraya kena sell lah!
Crumbling along with Citiraya.
A change of fengshui should help make it go up, otherwise change name for what!
Looks like there will be profit-taking this morning.. Will monitor to see how low it goes before heading up again..
Cheers.
Yap!! he and she make more sound liao, very dangerous play up 4 cts, down 4 cents then again again up 4 cents, better try my luck at Epure IPO, vested here on later one.
Believe me, tomorrow will cheong again! I got no vested interested. Sigh!!
yep... wow... 155650K in volume today... impressive.
Strange name though.... Equation corp. Equals to what? :)
Strange name though.... Equation corp. Equals to what? :)
Wah Lau, Heshe must be on Viagra or Tonkat Ali today!! Really on V-power!!
Hi Everyone,
It come another round, starts to move north ! But this time be careful !!!!
Its RSI yesterday was grossly overvalued at 97%. No wonder profit taking today.
Shares of textile firm Heshe Holdings (HESH.SI: Quote, Profile, Research) plunged as much as 25.5 percent to S$0.17 on Tuesday, following a near-tripling in the past two weeks on news that Heshe's business partner Oei Hong Leong was willing to put more money into waste-recycling firm Citiraya.
"The share price has gone up quite a lot, so people are starting to take profits now," one dealer said, adding that the waste-recycling business is a lucrative one.
One dealer said traders were also relieved that shareholders of Citiraya -- of which Heshe owns a 37.5 percent stake -- approved a restructuring plan at a meeting on Monday.
The restructuring plan was proposed by Heshe and Oei who together own 75 percent of Citiraya, which was investigated for corrupt practices earlier this year, according to Singapore's Corrupt Practices Investigation Bureau.
The investment from both parties paved the way for Citiraya's discharge from judicial management.
The dealer also said that Heshe -- which was the most actively traded stock today on volume of 92.5 million shares -- will continue to fuel traders' interest until Citiraya is relisted on Oct. 4.
"The share price has gone up quite a lot, so people are starting to take profits now," one dealer said, adding that the waste-recycling business is a lucrative one.
One dealer said traders were also relieved that shareholders of Citiraya -- of which Heshe owns a 37.5 percent stake -- approved a restructuring plan at a meeting on Monday.
The restructuring plan was proposed by Heshe and Oei who together own 75 percent of Citiraya, which was investigated for corrupt practices earlier this year, according to Singapore's Corrupt Practices Investigation Bureau.
The investment from both parties paved the way for Citiraya's discharge from judicial management.
The dealer also said that Heshe -- which was the most actively traded stock today on volume of 92.5 million shares -- will continue to fuel traders' interest until Citiraya is relisted on Oct. 4.
HeShe changed name to Equation Corp. Will start new name on 28Sept. I believe they hope to have better feng shui by changing the name!
Look out for Citiraya when it starts trading 4 Oct. This should be adding some value to Heshe.
The problem is it may head south sooner than later. Unless one is a trader and is prepared to S/L, it may not make sense to buy @ its present price, hoping it will head north soon!
ya, considering that too, But I'm waiting for price to drop further actually...then buy and hold, I think it will bounce back north sooner or later.
I think can buy around 3.30pm and then let go tomorrow morning.
counter still very shaky guys...down to 0.185 now,
and the commission is lesser too...
tks pals!!
To chipchip66 senior,
you can short online but must buy back same day unless your trade was done CFD .