logo transparent gif
top_white_spacer
Home Latest Stock Forum Topics MyCorner - Personal Stocks Porfolio Stock Lists Forex Investor Insights Investment News Investor Research & Links Dynamic Stock Charting FREE Registration About Us top spacer top spacer
 User Password Auto-Login
Enter Stock
 
righttip
branding

Back
First   < Newer   241-260 of 631   Older>   Last  
Latest Forum Topics / SUTL Enterprise    Last:0.69 --  Post Reply
4Cents divident declared 50% yield!!!

lawcheemeng
Master
11-Aug-2009 15:30     
 
lawcheemeng About Contact  Quote this Post! Style: Combined   Mood: peace
Yells: "fly me to the mooon"
  x 0
  x 0

 Alert Admin 		thks wil keep a look out on that.yah can see BB r accumulating. every time the 9.5cts Q reach a level it is buy off..

pointer      ( Date: 11-Aug-2009 15:23) Posted:



cheemeng,

BBs will likely to corner the counter then push it to the next phase or price level. Usually, they will have some corporate announcement to support it.

As for sell down, this is usually the last stage when the BBs start to unload the counter. Keep a look out for those huge volume -> follow them & things should be fine...:) Its alright to forgo that 1c or 2c run up if u sell early...u already get the majority of it...;)

There is a 1000 lots buy up @ 9.5c (12:11pm) today...does it look like it is in accumulation stage?

But it doesn't look easy to break 10.0c barrier.
 Useful To Me  Not Useful To Me
pointer
Senior
11-Aug-2009 15:23     
 
pointer About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin

cheemeng,

BBs will likely to corner the counter then push it to the next phase or price level. Usually, they will have some corporate announcement to support it.

As for sell down, this is usually the last stage when the BBs start to unload the counter. Keep a look out for those huge volume -> follow them & things should be fine...:) Its alright to forgo that 1c or 2c run up if u sell early...u already get the majority of it...;)

There is a 1000 lots buy up @ 9.5c (12:11pm) today...does it look like it is in accumulation stage?

But it doesn't look easy to break 10.0c barrier.
 Useful To Me  Not Useful To Me


clickshop1628
Veteran
11-Aug-2009 13:38     
 
clickshop1628 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Yeah, bad news discounted, share price steady. Wait out the accumulation. Should be good going forward ....
 Useful To Me  Not Useful To Me
victorian2
Senior
11-Aug-2009 09:34     
 
victorian2 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin

accumulation goes on today........

retail fellas will sell at collection price of 9.5c or 9c
 Useful To Me  Not Useful To Me
lawcheemeng
Master
10-Aug-2009 18:28     
 
lawcheemeng About Contact  Quote this Post! Style: Combined   Mood: peace
Yells: "fly me to the mooon"
  x 0
  x 0

 Alert Admin 		why corner the share than sell down?

pointer      ( Date: 10-Aug-2009 18:03) Posted:



Worry not, the loss was expected already. It was already communicated in the Profit Guidance announcement.

Its still in accumulation phase, BBs may not have cornered enough shares to take it to the next phase.

So far, there is no major sell down yet...:)
 Useful To Me  Not Useful To Me


pointer
Senior
10-Aug-2009 18:03     
 
pointer About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin

Worry not, the loss was expected already. It was already communicated in the Profit Guidance announcement.

Its still in accumulation phase, BBs may not have cornered enough shares to take it to the next phase.

So far, there is no major sell down yet...:)
 Useful To Me  Not Useful To Me
lawcheemeng
Master
09-Aug-2009 13:03     
 
lawcheemeng About Contact  Quote this Post! Style: Combined   Mood: peace
Yells: "fly me to the mooon"
  x 0
  x 0

 Alert Admin 		wat r the 2 other phase that u mention. do you mind sharing? so more people can hold on to this baby n make some $$$. thks

victorian2      ( Date: 09-Aug-2009 11:26) Posted:



well cheemeng,  it all depends on your holding power and horizon. For me and some others (not on SJ), we have holding power for this baby.

For other stocks, we don't have so much holding power as we trade them a little more than we like but we've been handsomely rewarded before for holding power.

One of my best one was singapore Ship 5years ago. steady accumulation of it over 8 months before  it doubled in 5mths.

Achieva to me is no different from Singapore Ship. It's Month 14 for me for this stock.

For us,we've reaped 10c of dividend. Made tradnig profit on some contra positions but made the most from adding postions from 4.5c to10c before ex-div. So now some of us are back into the quiet hunt from day 1 of since 26th June for the 2nd phase of this baby.

I've identified 4 phases of this stock so we are now in phase 2.

This stock is not for the faint hearted who live for fast action. It's for those who appreciate a slow easy ride that can suddenly turn really violent  :)))) 
 Useful To Me  Not Useful To Me
victorian2
Senior
09-Aug-2009 11:26     
 
victorian2 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin

well cheemeng,  it all depends on your holding power and horizon. For me and some others (not on SJ), we have holding power for this baby.

For other stocks, we don't have so much holding power as we trade them a little more than we like but we've been handsomely rewarded before for holding power.

One of my best one was singapore Ship 5years ago. steady accumulation of it over 8 months before  it doubled in 5mths.

Achieva to me is no different from Singapore Ship. It's Month 14 for me for this stock.

For us,we've reaped 10c of dividend. Made tradnig profit on some contra positions but made the most from adding postions from 4.5c to10c before ex-div. So now some of us are back into the quiet hunt from day 1 of since 26th June for the 2nd phase of this baby.

I've identified 4 phases of this stock so we are now in phase 2.

This stock is not for the faint hearted who live for fast action. It's for those who appreciate a slow easy ride that can suddenly turn really violent  :)))) 
 Useful To Me  Not Useful To Me


lawcheemeng
Master
09-Aug-2009 11:08     
 
lawcheemeng About Contact  Quote this Post! Style: Combined   Mood: peace
Yells: "fly me to the mooon"
  x 0
  x 0

 Alert Admin 		wow that real detail, if go below NTA can collect a bit more. thks Vic

victorian2      ( Date: 08-Aug-2009 23:15) Posted:



Here's my take on the situation:

If one looks back at the events in the last few weeks. it is interesting.

1. Just 1 day before the dividend pay out June 26th, there was a run on the counter with 22m shares done with the price movig up from 7.5c to  a intraday high and close of 9.5c.

Prior that, ex-div date of 3 June, over 79m shares was traded from price price of 9.5c to a low of 7c and then a run on June 25th to 9.5c

One can only conclude there was a lot of trading and accumualation of the stock going on during June 3 to June 26th after Ex-Dividend.

 

2. From June 27 to 17th July, the stock started to drift form 9.5c back down to 8c with just 2 days of 7.5c lows on 7 and 8th of July and then back to 8.5c on 17th July

Volume was extremely during this period. About 19m shares in a tight trading range.

3. 23th July marked the start of hurried accumulation and trading till 7th August.

This is where things are very interesting in the choices of dates of announcemnts of profit warning and the early release of the 2rd quarter results.

23 July, 19.9m shares alone was traded with price range of 8.5c to 9.5c closing at 9c.

thereafter, the stock traded in a T+4/5 fashion. Classic BB accumulation patterns of pump and dump and reaccumulate within a tight rage of 8.5c to 9.5 and some at 10c.

the 2rd quarter results would have been known and finanlised by this period as 2nd quarter ends in June 2009.

Profit warning was issued on 30 July: 31July, 10.3m shares was done mostly at 9c.

Prior to the profit warning, 21m shares was done between 8.5c to 9.5 with mostly done at 9c in 5 trading days.

Before we know it, suddenly on 7th August (Friday), market closes and the 2Q results comes out. In just these5 trading days after the profit warning was issued, an amazing 61m shares was done with huge buy ups at the buyer price in just these 5 trading days.

4. My point:

a. Funny concidence??? after dividend...quiet periodand low prices.

b. after23th July.......things seem to really start coming alive.

c. profit warning on 30 July...still high volume and higher prices

d. 5th day clsoing August 7th, early announcement of 2Q results

Prediction for next week:

Panicky retail /weak holders are going to start selling down the stock from 9.5c to either back to NTA price of 8.5 or 9c or who knows... stillat 9.5c

BB is going to have a field day collecting.

My only conslusion is that BB has not cornered the stock so no dividend annucned. From my calculations, the remaining retained earnings will allow coy to distribute another max 3-4c so the wait will be another 2 .3mths for 3rd quarter in November but there is good amount of time to continue collecting the stock.

There is still alot of shares out inthe market held by significant shareholders so BB have to pay higher to take out htese people.

For some of us......I see the results as being overplayed. Coy is clearly still profitbale and cashflow positive barring forex losses on existing money in the bank.

there is still 8.5c cash/NTA so any further discount to this price represents good opp to contiue adding position.

So call me sick... there is light in this set of results.....I got more time like the BB to add position if the price goes below NTA in the weeks to come.

This stock is not for contra players as I keep emphasising.

 

 

 
 Useful To Me  Not Useful To Me
victorian2
Senior
08-Aug-2009 23:15     
 
victorian2 About Contact  Quote this Post!  
  x 1
  x 0

 Alert Admin

Here's my take on the situation:

If one looks back at the events in the last few weeks. it is interesting.

1. Just 1 day before the dividend pay out June 26th, there was a run on the counter with 22m shares done with the price movig up from 7.5c to  a intraday high and close of 9.5c.

Prior that, ex-div date of 3 June, over 79m shares was traded from price price of 9.5c to a low of 7c and then a run on June 25th to 9.5c

One can only conclude there was a lot of trading and accumualation of the stock going on during June 3 to June 26th after Ex-Dividend.

 

2. From June 27 to 17th July, the stock started to drift form 9.5c back down to 8c with just 2 days of 7.5c lows on 7 and 8th of July and then back to 8.5c on 17th July

Volume was extremely during this period. About 19m shares in a tight trading range.

3. 23th July marked the start of hurried accumulation and trading till 7th August.

This is where things are very interesting in the choices of dates of announcemnts of profit warning and the early release of the 2rd quarter results.

23 July, 19.9m shares alone was traded with price range of 8.5c to 9.5c closing at 9c.

thereafter, the stock traded in a T+4/5 fashion. Classic BB accumulation patterns of pump and dump and reaccumulate within a tight rage of 8.5c to 9.5 and some at 10c.

the 2rd quarter results would have been known and finanlised by this period as 2nd quarter ends in June 2009.

Profit warning was issued on 30 July: 31July, 10.3m shares was done mostly at 9c.

Prior to the profit warning, 21m shares was done between 8.5c to 9.5 with mostly done at 9c in 5 trading days.

Before we know it, suddenly on 7th August (Friday), market closes and the 2Q results comes out. In just these5 trading days after the profit warning was issued, an amazing 61m shares was done with huge buy ups at the buyer price in just these 5 trading days.

4. My point:

a. Funny concidence??? after dividend...quiet periodand low prices.

b. after23th July.......things seem to really start coming alive.

c. profit warning on 30 July...still high volume and higher prices

d. 5th day clsoing August 7th, early announcement of 2Q results

Prediction for next week:

Panicky retail /weak holders are going to start selling down the stock from 9.5c to either back to NTA price of 8.5 or 9c or who knows... stillat 9.5c

BB is going to have a field day collecting.

My only conslusion is that BB has not cornered the stock so no dividend annucned. From my calculations, the remaining retained earnings will allow coy to distribute another max 3-4c so the wait will be another 2 .3mths for 3rd quarter in November but there is good amount of time to continue collecting the stock.

There is still alot of shares out inthe market held by significant shareholders so BB have to pay higher to take out htese people.

For some of us......I see the results as being overplayed. Coy is clearly still profitbale and cashflow positive barring forex losses on existing money in the bank.

there is still 8.5c cash/NTA so any further discount to this price represents good opp to contiue adding position.

So call me sick... there is light in this set of results.....I got more time like the BB to add position if the price goes below NTA in the weeks to come.

This stock is not for contra players as I keep emphasising.

 

 

 
 Useful To Me  Not Useful To Me
lawcheemeng
Master
08-Aug-2009 11:08     
 
lawcheemeng About Contact  Quote this Post! Style: Combined   Mood: peace
Yells: "fly me to the mooon"
  x 0
  x 0

 Alert Admin 		thks Vic for the details.and RO125per let me answer for vic . the 20million given out as D into our pocket.

ROI25per      ( Date: 08-Aug-2009 10:01) Posted:

victorian

any idea why 20m is gone?

Cash & Bank Balance from 57.397m to 38.07m, therefore equity from 64.352m to 44.385m

I dun see tis 20m go to non current assets;investment




victorian2      ( Date: 08-Aug-2009 09:27) Posted:



cheemeng,

I hope you are able to read and understand the financial statements in detail. The loss was  a result of a translation loss ie forex losses on their holding of US $ in the bank when they converted X amount in June for the dividend payout. When the proceeds came into the company's account in August last year, Sing Dollar was trading US1 to S$ 1.54-55. In June, it was trading at US1 to S$1.44 to 1.45. so they have a loss. In their balance sheet, the US$ holdings would have been pegged at a certain rate then and revalued every quarter hence translatiing into a Sing dollar loss in the Profit and Loss statements. However, on the balance sheet, it does not impact the amount assets other that the forex loss.

But if u read deeper into their operating results.

Company is operating operations are profitable. That is their core business eventhough has suffered a decline in business (ie revenue), it is still profitable.

The other hard evidence is the operating cashflow. It is positive $1.5m.

All i can say is the CFO has fallen asleep on the job by not hedging on the US$ or not converting the sale proceeds of the US$ sale of Arrow to Singapore Dollar immediately leading into this one off loss.

BUT BUT now going forward, the remaining US$ in the bank is obviously going to be pegged in the balance sheet at the current rates so if the US$ increases in the next 3 months, the coy is going to have a translation gain hence adding to the profit and loss again.

So in the short term, Kitty, you are right......it is going to be a crappy stock for many cos many are going to start selling on Tuesday but hell..........who cares, the BB is going to be very happy buying on tuesday onwards.

I've never said this stock was a short term contra play. You must have the stamina to hold out for the BIG payout when the corporate story plays its story out.... good luck. At least I know I can continue to buy at NTA price for a good period of time more.

 
 Useful To Me  Not Useful To Me
ROI25per
Master
08-Aug-2009 10:01     
 
ROI25per About Contact  Quote this Post! Style: Flexible   Mood: laugh
  x 0
  x 0

 Alert Admin

victorian

any idea why 20m is gone?

Cash & Bank Balance from 57.397m to 38.07m, therefore equity from 64.352m to 44.385m

I dun see tis 20m go to non current assets;investment




victorian2      ( Date: 08-Aug-2009 09:27) Posted:



cheemeng,

I hope you are able to read and understand the financial statements in detail. The loss was  a result of a translation loss ie forex losses on their holding of US $ in the bank when they converted X amount in June for the dividend payout. When the proceeds came into the company's account in August last year, Sing Dollar was trading US1 to S$ 1.54-55. In June, it was trading at US1 to S$1.44 to 1.45. so they have a loss. In their balance sheet, the US$ holdings would have been pegged at a certain rate then and revalued every quarter hence translatiing into a Sing dollar loss in the Profit and Loss statements. However, on the balance sheet, it does not impact the amount assets other that the forex loss.

But if u read deeper into their operating results.

Company is operating operations are profitable. That is their core business eventhough has suffered a decline in business (ie revenue), it is still profitable.

The other hard evidence is the operating cashflow. It is positive $1.5m.

All i can say is the CFO has fallen asleep on the job by not hedging on the US$ or not converting the sale proceeds of the US$ sale of Arrow to Singapore Dollar immediately leading into this one off loss.

BUT BUT now going forward, the remaining US$ in the bank is obviously going to be pegged in the balance sheet at the current rates so if the US$ increases in the next 3 months, the coy is going to have a translation gain hence adding to the profit and loss again.

So in the short term, Kitty, you are right......it is going to be a crappy stock for many cos many are going to start selling on Tuesday but hell..........who cares, the BB is going to be very happy buying on tuesday onwards.

I've never said this stock was a short term contra play. You must have the stamina to hold out for the BIG payout when the corporate story plays its story out.... good luck. At least I know I can continue to buy at NTA price for a good period of time more.

 
 Useful To Me  Not Useful To Me


victorian2
Senior
08-Aug-2009 09:27     
 
victorian2 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin

cheemeng,

I hope you are able to read and understand the financial statements in detail. The loss was  a result of a translation loss ie forex losses on their holding of US $ in the bank when they converted X amount in June for the dividend payout. When the proceeds came into the company's account in August last year, Sing Dollar was trading US1 to S$ 1.54-55. In June, it was trading at US1 to S$1.44 to 1.45. so they have a loss. In their balance sheet, the US$ holdings would have been pegged at a certain rate then and revalued every quarter hence translatiing into a Sing dollar loss in the Profit and Loss statements. However, on the balance sheet, it does not impact the amount assets other that the forex loss.

But if u read deeper into their operating results.

Company is operating operations are profitable. That is their core business eventhough has suffered a decline in business (ie revenue), it is still profitable.

The other hard evidence is the operating cashflow. It is positive $1.5m.

All i can say is the CFO has fallen asleep on the job by not hedging on the US$ or not converting the sale proceeds of the US$ sale of Arrow to Singapore Dollar immediately leading into this one off loss.

BUT BUT now going forward, the remaining US$ in the bank is obviously going to be pegged in the balance sheet at the current rates so if the US$ increases in the next 3 months, the coy is going to have a translation gain hence adding to the profit and loss again.

So in the short term, Kitty, you are right......it is going to be a crappy stock for many cos many are going to start selling on Tuesday but hell..........who cares, the BB is going to be very happy buying on tuesday onwards.

I've never said this stock was a short term contra play. You must have the stamina to hold out for the BIG payout when the corporate story plays its story out.... good luck. At least I know I can continue to buy at NTA price for a good period of time more.

 
 Useful To Me  Not Useful To Me
kittyhawk
Member
08-Aug-2009 02:05     
 
kittyhawk About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		I bought it at $0.09, lucky managed to sell off at $0.10 on Thursday. I think its a crapy stock
 Useful To Me  Not Useful To Me
tea444u
Master
08-Aug-2009 01:46     
 
tea444u About Contact  Quote this Post!   Mood: cool
  x 0
  x 0

 Alert Admin

anyone still holding this one?
 Useful To Me  Not Useful To Me
tea444u
Master
07-Aug-2009 20:00     
 
tea444u About Contact  Quote this Post!   Mood: cool
  x 0
  x 0

 Alert Admin 		oh no...how?
 Useful To Me  Not Useful To Me
stheng
Member
07-Aug-2009 19:52     
 
stheng About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin

$0.00 dividend Smiley

 
 Useful To Me  Not Useful To Me
lawcheemeng
Master
07-Aug-2009 18:33     
 
lawcheemeng About Contact  Quote this Post! Style: Combined   Mood: peace
Yells: "fly me to the mooon"
  x 1
  x 0

 Alert Admin 		Achieva reports a loss for 2qtr.  wat a suprise? Vic wats ur view on this.
 Useful To Me  Not Useful To Me
victorian2
Senior
06-Aug-2009 22:40     
 
victorian2 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		finally got some decent buys at 10c today
 Useful To Me  Not Useful To Me
clickshop1628
Veteran
06-Aug-2009 07:20     
 
clickshop1628 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Ok, for a while, I thought CK Tang going to buy over Smiley

victorian2      ( Date: 06-Aug-2009 03:12) Posted:

Chng Kay or BB
 Useful To Me  Not Useful To Me
                                                         First   < Newer   241-260 of 631   Older>   Last  



ShareJunction Version: 27 Nov 2020 ver- All Rights Reserved. Copyright ShareJunction Pte. Ltd. Disclaimer: All prices from are delayed. ShareJunction does not provide you with any financial advice. We are not into the business of providing any investment advice. See our Terms and Conditions and Privacy Policy of using this website. Data is delayed for varying periods of time depending on the exchange, but for at least 15 minutes. Copyright © SIX Financial Information Ltd. and its licensors. All Rights reserved. Further distribution and use by third parties prohibited. SIX Financial Information and its licensors make no warranty for information displayed and accept no liability for data and prices. SIX Financial Information reserves the right to adapt and/or alter this website at any time without prior notice.

Web design by FoundationFlux. Hosted with Signetique Cloud.