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BAN JOO -FUTURE PER 8.77X,6.5% LOTTERY REVENUE
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787180
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31-Aug-2007 13:25
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could recall on may 28 BJ was 14.5cts and after trading halt was lifted it shot past 20cts and had hover for about 2 months trading btw 22 to 29cts..and it had experienced correction dropping to current low of 15.5cts..the gap of 15.5 to 20cts appeared to be filled or could there be > downside..MOU of paperless welfare lottery will be ratified and new co incorporated and latest acquistion of China's CCTV will enhance its lottery business with this synergistic move.Its Md has given way to new blood and a total revamp of its outmoded textile business..it is unlikely to get Banjoo at 9-10cts any more.Besides its creditors have recently approved the debt restructuring scheme and BJ has just changed its financial year end to Sept 30 from June 30 probably to reflect its turnaround into black ink as the guranteed profit of $105million spread over 5 years will commence from 1st july 2007..can accumulate..limited downside | ||||||
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Pension
Elite |
31-Aug-2007 10:19
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ccmc is the service provider of cctv. | ||||||
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787180
Master |
31-Aug-2007 10:12
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quote="cedar"]I went to read the MOU again and according to the words used in the MOU, Happyday may be correct. MOU clealry states that and I quote "CCMC an enterprise registered in the PRC principally a content producer of video programmes [color=red]AND OPERATOR OF CHINA CENTRAL TELEVISION. [/color]. In English, it means it is the operator of TV network. The only question is- is China Central Television the same as the famous "CCTV" or is it another smaller TV station.[/quote] Price has bottom at 15/15.5cts..recalled buying at 14,5cts on may 28 200 lots and sold off after trading halt lifted ..hve been making when BJ hovers btw 23 cts to 29cts...from June to July and In Aug BJ finally corrects gap of 15cts to 20cts filled...unlikely the lottery biz is aborted..notice many pple threw in the towels already..gd sign..stocks normally move when U least expect them to move |
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Pension
Elite |
31-Aug-2007 00:41
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Ban Joo may cheong anytime from now. | ||||||
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Pension
Elite |
31-Aug-2007 00:19
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lottery is always a lucrative business, rain or sunshine ppl still need to buy hope. | ||||||
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Manikamaniko.
Master |
30-Aug-2007 23:55
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But usually, even if the stock hits 30c, people will still buy, as shown just a few weeks ago... Many have been holding as 'long term investors' since the high of 30c, expecting the price to go to 40c. The price is now 15c (the low) ie half price. |
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Pension
Elite |
30-Aug-2007 12:31
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mike22, I though you let go at 0.04 cents few days ago????? | ||||||
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Pension
Elite |
30-Aug-2007 12:29
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no news is good news. those who cannot wait, buy now. those who can wait, buy at higher price if the good news is out. |
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Pension
Elite |
30-Aug-2007 12:25
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since you asked me, I will let go when BJ hit 28 cents. | ||||||
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787180
Master |
30-Aug-2007 12:12
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limhpp
Veteran |
28-Aug-2007 15:39
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If the two major shareholders sell off their, than this counter will dangerous |
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787180
Master |
28-Aug-2007 11:39
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Worst over ..low 15cts gap filled Gap froam 15cts to 20cts filled already...sellinge has ceased a bit. ..thle 2 new subscribers who got at 7.5cts pte placement have not sold yet...going for long haul..can start accumulating again...many pple fear it may drop bk to 9cts again which appear highly unlikely now...turnaround co with lottery welfare biz likely to be ratified in Sept and the recent acquisition of a co in China's CCTV will complement its lottery biz..will be better than Lottis...except not in analysts' radar screen yet...
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Pension
Elite |
27-Aug-2007 19:20
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it dip and it climb up 0.165. uptrend tommorrow, stay tuned. | ||||||
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cyjjerry85
Elite |
27-Aug-2007 13:38
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quite a boring counter actually... | ||||||
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Manikamaniko.
Master |
27-Aug-2007 13:26
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0.125 should be a strong support point if it continues to go down further... | ||||||
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Manikamaniko.
Master |
27-Aug-2007 13:24
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This morning dropped through the strong 0.165 floor yet again... |
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sohguanh
Veteran |
27-Aug-2007 11:31
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i tink last time there was a mass number of shares given to two big shareholders at very cheap pricing? i have yet to see them sell out. if have, all major transaction we can see wan from LimTan daily Research. i wonder if the two of them are long term investors or not? hmm....... | ||||||
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787180
Master |
27-Aug-2007 11:22
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MOU of lottery welfare signed on 5th July....shd be ratified soon may be 3 mths...i e by Sept...floor of 16cts established ..hope BJ will not drop below 16cts....the gap of 15 to 20cts has to be filled completely....to sell at this level is a waste | ||||||
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Pension
Elite |
27-Aug-2007 07:55
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i think the correction had stop, time to uptrend. |
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cyjjerry85
Elite |
27-Aug-2007 00:18
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charts for Banjoo doesn't look a bit attractive at all presently...even when some others along the line of penny stocks do show some potential uptrend during last week's push |
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