SunMoon Food   

This Penny caught my eye !!

very heavy resistance all the way up. got a lot of accumulated losses to clear too. why do u think it ll go up? can be more specific n less hype?

btw seen its  minimart below chevron house?

 

Hi,

Everywhere are shortage of food especially corn.

 

Just doing a research.   Two years ago, it was 1 cent. Today it is about 1/4 (one quarter) cent.   Wehehehe!!! Shortists make tons of money from Sunmoon, more than what Sunmoon makes selling food and fruits! Wehehehe!!

But I think it gonna change because now food business is the top business of todays world.   Look at all the food counters on SGX boards, they are all flying.   I think Sunmoon's turn has come.   Buy quickly to avoid paying higher.

C.E. Make your own decision, and due diligence!! Wehehehe!!!! 

Laulan      ( Date: 13-Dec-2010 15:22) Posted: SUNMOON  (SES: F06.SI ) Last Trade: 0.01 Trade Time: 23 Nov 12:28 SGT Change: 0.00 (0.00%) Prev Close: 0.01 Open: 0.01 Bid: N/A Ask: 0.01 1y Target Est: N/A Day's Range: 0.01 - 0.01 52wk Range: 0.01 - 0.01 Volume: 520,000 Avg Vol (3m): 328,333 Market Cap: 39.39M P/E (ttm): N/A EPS (ttm): N/A Div & Yield: N/A (N/A) Quotes delayed, except where indicated otherwise. Currency in SGD. Looking at Yahoo Finance's trade for the 23/11/2010, the price is 1 cent. If based on consolidation of 20:1, the figure of 1.1 cent should represent only 49.5 percent discount and not 89 percent..  I think there is some error that has so far not been clarified.   The trade of 23/11/2010 is a landmark date in the agreement or MOU?,  If so I think there is some typo or wrong calculation somewhere.  Any insider who like to enlighten us on this?

 

Decimal cents can also make money for everyone if the counter is actively playing.

Noticed that Sunmoon's crack at retail sector for nearly 2 years already.  They might soon discover that they have to learn how to manage good business from bubble tea companies to generate big revenue.  Queues at Sunmoon's fruits and juices outlets, are nowhere comparable to those the most popular tea and fruit blends from many of these trending businesses that started businesses later than Sunmoon. Shareholders would yearn to smack the directors' backsides. LOL.

 

Sorry, 1.1 cent is 89 x 2 (178 percent) and not 49.5 percent as I stated earlier.  Thus the discount is quite huge.

 

 

eh ...becareful hor.........every dollar put in immediately become ....89% less...hor....read the MOU........the 24 million can be converted into share at 89% discount.........at 1.1cts   after the company fulfill....the 20 consolidation into 1 share,,,hor....and this one negative NAV0.23cts.......it is using good money to buy bad debt with not much chances of getting back......if market is good the lender will convert and sell with 89% profit immediately.........if market is bad just collect interest of 8%..........more over once the conversion complete the lender owe almost the whole company, those holding the stock has got no choice,,,but those who do not do have a choice of not buy bad debts with good money........ l hope i am in my understanding of this deal.......if not the lender sure have got........elephants ear  .....lor....hehehe.........

 

This one is too good to be missed.

Vested

 

 

Hi, hi, people who don't have much spare cash should never think of buying a counter like this.  But if you have, not necessary like rich Hulumas, an investment in Sunmoon could bring huge gains later, i.e. after restructure.

I am holding some and will be grabbing a few million shares coming weeks.  My money is casino money, money made from Genting, so I can afford even to lose all, but that possibility of losing in a new structured environment is very slim. BASAYOR..

 

sorry but why would anyone buy this counter?I dunno so i am asking.Pls note that i am not making fun or looking down...is there something i missed? cause its one company that has not made any profit for four years(not including the diversment) still learning so just wanna ask.thanks

 

>25K with my huge paper loss.

des_khor      ( Date: 25-Sep-2010 10:39) Posted: Ok la... only 25k only what !!

 

Share Consolidation To facilitate the proposed transactions, the Company is also proposing to undertake a 20:1 consolidation (the “Share Consolidation”) of all its issued ordinary shares in the capital of the Company (“Shares”). All figures set out in this Announcement are computed based on the number of Shares post-Share Consolidation, where applicable. For example, the last traded price of the Shares will be reflected as S$0.10 instead of S$0.005, where S$0.10 is the theoretical price of the Shares post-Share Consolidation

 

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_C386E1EDADB534AE482577AE00464358/$file/SMF_MOU_Announcement_300910.pdf?openelement

 

Ok la... only 25k only what !!

 

Hi Hulumas, 5K lots = 5,000,000 units leh...are you sure? sorry just curios...what can be expected from this kind of stock?

Hulumas      ( Date: 24-Sep-2010 14:24) Posted: 5,000 lots holding of mine stands still . . .  could be for another three years perhaps.CAVEAT EMPTOR iPunter      ( Date: 02-Jun-2010 22:20) Posted: Please note these comments do not necessary apply to this specific stock. Like Andrew pointed out, this is a negative asset stock.

 

is this a hk co.? sunmoon in cantonese sound like close door

 

Curious to know how many of you who are/were shareholders went to the latest AGM? How was it?  Did the directors showed up or did the proxies showed up only?  Proxies that showed up as front for their bosses tell you a sad story about the CEOs.  Either they are making use of company time doing private affairs, or they got no face or courage to come to the meeting.  Take note of them and make written complains to the authorities (I don't know which authy handles queries on these elusive games).

Cheers.

 

5,000 lots holding of mine stands still . . .  could be for another three years perhaps.CAVEAT EMPTOR

iPunter      ( Date: 02-Jun-2010 22:20) Posted: Please note these comments do not necessary apply to this specific stock. Like Andrew pointed out, this is a negative asset stock. iPunter      ( Date: 13-May-2010 07:09) Posted: Counters like this one are the ones that make a lot of money for many people... The secret is all about timing... Buying a penny stock before it charges up is the only way to make significant gains... Buying a stock at the excitingly hot time is sure to "pok!" the buyers...

 

weks...now just 25% from ur capital? sianz...thats why dont play with small chips...later will burnt

ianong      ( Date: 24-Sep-2010 14:14) Posted: Once at 2c and once at 1.5c... rickyw      ( Date: 24-Sep-2010 12:30) Posted: what price you bought

 

Once at 2c and once at 1.5c...

rickyw      ( Date: 24-Sep-2010 12:30) Posted: what price you bought? ianong      ( Date: 24-Sep-2010 10:03) Posted: It's vol almost 0 most days and still making loss right? Why isn't it get into SGX watch list and suspension? Any idea? I hold it since 2007 and loss big, use CPF some more .... sigh....

 

what price you bought?

ianong      ( Date: 24-Sep-2010 10:03) Posted: It's vol almost 0 most days and still making loss right? Why isn't it get into SGX watch list and suspension? Any idea? I hold it since 2007 and loss big, use CPF some more .... sigh....