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What happened??

龙口复发中记冷藏有限公司创建于1993年，注册资本4310万美元，投资总额8320万美元，是新加坡复发中记控股有限公司在山东龙口投资建立的独资公司

 

What is the investment of 83 mil USB supposed to mean? 

 

注册资本4310万美元，投资总额8320万美元

Total investment of 83million USD

 

Hi, I stumbled upon this link for FHTK which I hope will interest you.  It is in CHinese which I don't understand.  I notice the English version is not ready so the hyperlink is inactive. 

http://www.fhtk.net/cn/index.asp

Hope some info can be found here, for those who are vested.

 

There is profitable jobbings for the BBs, that's why.  Half a cent profit for a million lots is $5 million.  So everyday they are doing it making at 1 to 2 million dollars a day on this counter.  That is, buy 100,000 lots (at 2 cts = cost $2 Mil) and sell them at 2.5 cts ($2.5Million).  Some days they make lesser and some days they make more.  But if they suspect anything (news) coming they will stop this jobbing and aim for higher revenue with the price spikes. So those vested, you have to hope the good news will come soon. Otherwise there will be no range until August.

 

I have been monitoring FHTK for the past 2 months. THough volume is high but there is no price movement. Any comments?

 

May agree that share float is large, but that won't impede a share from moving up and fast.  Mostly it is the perception.  Jasper was once a gonner under the old name and that could be a dampener.  FHTK can be said to be in a different boat.  There are $60 Million coming in and this is big money to do big things.  Bank borrowings (debts) had been placed in long term loans acct, so the co is now poised for better business operations under the new management. I think it is worth more than 2 cents.

My 2 cents worth.

 

The number of shares floating ard for FHTK is HUGE!!!! It could be juz another Jasper where due to too many shares the price cannot move much :O

 

FHTK seems to be consolidating around $0.02. There are management changes and I think new management is a no-nonsense one.  I believe for those vested, you will likely see your stock rising soon (I believe 1 to 2 months time).  "Forced selling" is about to stop anytime and once it stops, there will be no looking back.  The stock has been sold down for sometime already.  Massive numbers, but I think they are sold from ex-directors shareholdings.  BTW anyone knows abt the new managment?

 

Still holding on to China Infra and KXD,

Vest in FHTK too.... although I am a bit worried based on their last report...

Support you, Hulumas

 

 

Today, I cleared all my China Infra,

and place them all here.

During noon, there are a huge queue by buyer for $0.015,

however seller queueing at $0.02.

 

 

 

 

Yup..

 

Limhpp... :)


Do you mean you dare not bet yet?...

 

Hi Hulumas,

Where did you gather the information? I am also keen of this counter and have monitored it for quite a while. Appearently, looks like is going down trend....

Dared not vest yet

 

 

Dear Hulumas... :)

Okay... I'll bet a bit on this one...  

 

Dear Readers,

FHTK will turn its financial fundamental in no time. It is worth to invest at Sgd. 0.02 now, and expecting to let go at least at Sgd. 0.22 or above!!!!!!!!

 

well, tat could be the reason... those BB r simply too loaded..

 

the question is why more than 200mil is sold @ 2cents within 2 minutes.......the same thing happens 3 months ago.....500 mil @ 1cents was sold within 20min...but rebound to 2cents the following week.....BB pressing the price b4 cheong????

 

Anyway zu4, I've withdrawn out from the queue after looking at its Month chart. Kindda boring to me. Aiming Chasen now.

 

only 40mil in the q.......should be able to get it the afternoon...