I would avoid Ziwo for the time being.

There is not enough information to properly analyze this company.

There is nothing special about this stock.

Not enough past data for me to really analyze this company.

Whether if it's cheap or dirt cheap, very difficult to tell.

For company like this, during this market sell down, will definitely take a big hit.

Ziwo buys additional 500,000 shares, total stake in company 51.2%
By Travis Teo | Posted: 27 April 2010 1846 hrs

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SINGAPORE: Ziwo's executive founder and Executive Chairman Ting Chun Yuen has raised his stake in the company to 51.37 per cent.

He bought an additional 500,000 shares at 32 Singapore cents each on Monday from the open market.

In a statement, Ziwo said the additional stake represents 0.17 per cent of the company's issued share capital.

Mr Ting's deemed stake was about 51.2 per cent before the latest acquisition.

In a statement, Mr Ting said his purchase was spurred by the company's sound business model, healthy financials and clear growth plans.

Last week, Ziwo posted a profit of 19.5 million renminbi (S$3.91 million) on revenues of 91 million renminbi (S$18.3 million). - CNA/vm