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Scintronix
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knightrider
Elite |
07-Apr-2010 16:57
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Today volume bursting at 20millions so far and hit S$0.1, I invested some ! Good Luck. | ||
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susan66
Master |
29-Mar-2010 21:24
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Actually since 2 weeks ago, already saw traders buying millions, I also wondering. It really move but a bit slow, maybe still accumulating. Today's volume up a lot, strong support at 0.09. If tomorrow break 0.10 think it's time to get in, now still on standby mode. I prefer to get in during breakout.
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pharoah88
Supreme |
29-Mar-2010 18:55
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Harmless lOOking bOnds can dEadly when duE ?
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knightrider
Elite |
29-Mar-2010 18:49
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Today heavy volume traded ! Seems moving. 46 million done . | ||
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knightrider
Elite |
29-Mar-2010 10:43
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Hi Susan66. Thks for your advice ! I was at the stock brokage hse onsite last Fri, I saw one old man on the spot, buy 5million and last Fri whole day volume is 14million+, thus I was wondering why he buy so much, but I did not ask him. Today seems top volume liao !!!! May be it is too late to go in now ? |
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susan66
Master |
28-Mar-2010 01:05
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According to TA, strong support now is at 0.09, if break not good liao. I can see more sellers coming out recently. It has been going up since 0.07 but now it has to break 0.095-0.10 to be more confirmed on the uptrend. If able to break 0.10 may be explosive. It's best to wait & see first.
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knightrider
Elite |
27-Mar-2010 20:26
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Can anyone comment on TA or FA whatsoever, is this a good buy now ? Thks ! | ||
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investment
Senior |
22-Mar-2010 20:15
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Scintronix concludes purchase of M'sia assets for
US$3.46 mln
By ANGELA TAN
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victorian2
Senior |
26-Sep-2009 08:21
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Counter looks set to be in play..... with the redemption of the bond. ------------------------------------------- SCINTRONIX CORPORATION LTD. (Company Registration No.199901719E) ISSUE OF REDEEMABLE ZERO COUPON CONVERTIBLE BONDS (THE “BONDS”) WITH AN AGGREGATE PRINCIPAL AMOUNT OF S$40 MILLION, ISSUABLE IN 40 EQUAL TRANCHES OF A PRINCIPAL AMOUNT OF S$1,000,000 EACH TO FORTENSA SPECIAL OPPORTUNITIES LTD (THE “SUBSCRIBER”) IN ACCORDANCE WITH THE TERMS AND SUBJECT TO THE TERMS AND CONDITIONS OF THE BOND SUBSCRIPTION AGREEMENT DATED 11 FEBRUARY 2009 The Board of Directors (the “ announce that Fortensa Special Opportunities Ltd, in accordance with the terms of the Bond Subscription Agreement, has exercised its right to convert S$500,000 in value of the Initial Tranche of Bonds with an aggregate value of S$1,000,000, issued by the Company on 24 September 2009 into 8,928,571 new shares of the Company at the conversion price of S$0.056 (the “ In accordance with the terms of the Bond Subscription Agreement, the Conversion Price will initially be equal to the lower of either: (a) 120% of the average of the closing prices quoted by the SGX-ST for one Share (being a Share carrying full entitlement to dividend) for the 30 consecutive Trading Days ending on the Trading Day immediately preceding the date of issue of the relevant Bond (“ Conversion Price (b) 90% of the lowest average of the closing prices quoted by the SGX-ST for one Share (being a Share carrying full entitlement to dividend) for any five (5) consecutive Trading Day period in the 30 consecutive Trading Days immediately preceding the Conversion Date. The Fixed Conversion Price is S$0.075 while 90% of the lowest average of the closing prices for the five (5) consecutive Trading Day period (from 9 September 2009 to 15 September 2009) amounts to S$0.056. Hence, in accordance with the Bond Subscription Agreement, the Conversion Price in respect of the conversion of S$500,000 in value of the Initial Tranche of Bonds is the lower of the two, being S$0.056. The 8,928,571 new shares in the Company will be listed and quoted on the SGX-ST. The new shares will rank Following the issue of the 8,928,571 new shares in the Company, the number of issued and paidup ordinary shares of the Company will be increased to 255,008,108 ordinary shares. Arising from the issuance of the new Shares, the EPS and the NTA per ordinary share of the Company, based on financial statements for the financial year ended 30 June 2009, would have been (2.146) cents instead of (2.225) cents and 9.24 cents instead of 9.37 cents respectively. On behalf of the Board Scintronix Corporation Ltd. Tan Kee Liang Executive Chairman
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victorian2
Senior |
25-Sep-2009 09:12
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Watch Scintronix........ Turning around the corner after announcing a material deal. NTA 9.5c so one of the few stocks that are still trading below book value. Similar shareholders as Fu Yu. Those who saw what happen to Fu Yu.....7c tp 16c and now consolidating at 13......... This is probably the next vested |
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