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Tomique Master	14-Oct-2013 12:18        Tomique About Contact  Quote this Post!
x 0   x 0  Alert Admin	Right, I also felt it this way.   The only thing is the big block that is sitting there.   I think belongs to the director (Mr. Gary)   or his spouse, as they held 65% of the shares and should want to get some money back. Roughly $6 mil to $7mil is quite good money for him as returning some of his investments for so long already.   Even if its him or his spouse's putting up to sell , we shouldn't read it as adverse because they would still have a large chunk of controlling shares left.   Lets wait for some deep pockets to buy up who believes in the future of the company to be able to give them big rewards for buying up the shares.  tonylim      ( Date: 14-Oct-2013 09:04) Posted: Seems like Sunmoon is making good progress lately.  Vested at this level which is attractively priced Tomique      ( Date: 13-Oct-2013 13:42) Posted: Honestly, Sunmoon is now a company to be vested for the future. For the past several years, it has been growing with EBITA profits, albeit not very much, but promising. I used to doubt that SUNMOON could ever survived even though I have watched that many of their retail shops were doing very brisk business, esp at lunch time fruit drinks, after they diversified into this fresh fruit drinks business, and selling fruits and other groceries. However ever since they restructured and paid off their debts and turned from negative to positive $16.5 million assets in their books, I got a bit of rethink and would say that you have made a good decision to buy Sunmoon at its cheapest. Yes, there is every possibility for SUNMOON share price to climb, and if there is an eventual revaluation of their China farms by the market, now that China is beginning to allowing a certain percentage of farmlands to be developed into residential and commercial properties, you have a great future. Huat ah!!
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tonylim Master	14-Oct-2013 09:04        tonylim About Contact  Quote this Post!
x 0   x 0  Alert Admin	Seems like Sunmoon is making good progress lately.  Vested at this level which is attractively priced Tomique      ( Date: 13-Oct-2013 13:42) Posted: Honestly, Sunmoon is now a company to be vested for the future. For the past several years, it has been growing with EBITA profits, albeit not very much, but promising. I used to doubt that SUNMOON could ever survived even though I have watched that many of their retail shops were doing very brisk business, esp at lunch time fruit drinks, after they diversified into this fresh fruit drinks business, and selling fruits and other groceries. However ever since they restructured and paid off their debts and turned from negative to positive $16.5 million assets in their books, I got a bit of rethink and would say that you have made a good decision to buy Sunmoon at its cheapest. Yes, there is every possibility for SUNMOON share price to climb, and if there is an eventual revaluation of their China farms by the market, now that China is beginning to allowing a certain percentage of farmlands to be developed into residential and commercial properties, you have a great future. Huat ah!!! wendel      ( Date: 13-Oct-2013 13:14) Posted: Lolz....a million...haha...far far away....unless another blumont...keke. this definitely had hedge against inflation!! Maybe, u want to recommend me such coy that had emerged from adversity...I.e., SUNMOON n HANKORE....gd for investments! My million will come fr diversified portfolios! MIW seat in is more for stabilisation. It's like having gov support. Reputation is at stake in an illing coy n failing of which will hit their credibility. MIW leaves for either 2 reasons...either the coy had stablized or run before things get worse. Having BT to write up, the later can't happen. if really so, it is ready to fly n MIWs unseat n how volatile SUNMOON goes is no longer MIWs responsibility.
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Tomique Master	13-Oct-2013 13:42        Tomique About Contact  Quote this Post!
x 0   x 0  Alert Admin	Honestly, Sunmoon is now a company to be vested for the future. For the past several years, it has been growing with EBITA profits, albeit not very much, but promising. I used to doubt that SUNMOON could ever survived even though I have watched that many of their retail shops were doing very brisk business, esp at lunch time fruit drinks, after they diversified into this fresh fruit drinks business, and selling fruits and other groceries. However ever since they restructured and paid off their debts and turned from negative to positive $16.5 million assets in their books, I got a bit of rethink and would say that you have made a good decision to buy Sunmoon at its cheapest. Yes, there is every possibility for SUNMOON share price to climb, and if there is an eventual revaluation of their China farms by the market, now that China is beginning to allowing a certain percentage of farmlands to be developed into residential and commercial properties, you have a great future. Huat ah!!! wendel      ( Date: 13-Oct-2013 13:14) Posted: Lolz....a million...haha...far far away....unless another blumont...keke. this definitely had hedge against inflation!! Maybe, u want to recommend me such coy that had emerged from adversity...I.e., SUNMOON n HANKORE....gd for investments! My million will come fr diversified portfolios! MIW seat in is more for stabilisation. It's like having gov support. Reputation is at stake in an illing coy n failing of which will hit their credibility. MIW leaves for either 2 reasons...either the coy had stablized or run before things get worse. Having BT to write up, the later can't happen. if really so, it is ready to fly n MIWs unseat n how volatile SUNMOON goes is no longer MIWs responsibility.  Tomique      ( Date: 13-Oct-2013 12:38) Posted: Hope only one left and hope there is no more hidden in camouflage. In most counters that have MIWs, they exchanged themselves via proxies over and over again, and the shares remains iliquid or never move an inch. Hope it is not the case here, because if that happens woes again. Huat for you. Hope your 1 million shares turns into a million dollars. Lol..
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wendel Master	13-Oct-2013 13:14        wendel About Contact  Quote this Post!
x 0   x 0  Alert Admin	Lolz....a million...haha...far far away....unless another blumont...keke. this definitely had hedge against inflation!! Maybe, u want to recommend me such coy that had emerged from adversity...I.e., SUNMOON n HANKORE....gd for investments! My million will come fr diversified portfolios! MIW seat in is more for stabilisation. It's like having gov support. Reputation is at stake in an illing coy n failing of which will hit their credibility. MIW leaves for either 2 reasons...either the coy had stablized or run before things get worse. Having BT to write up, the later can't happen. if really so, it is ready to fly n MIWs unseat n how volatile SUNMOON goes is no longer MIWs responsibility.  Tomique      ( Date: 13-Oct-2013 12:38) Posted: Hope only one left and hope there is no more hidden in camouflage. In most counters that have MIWs, they exchanged themselves via proxies over and over again, and the shares remains iliquid or never move an inch. Hope it is not the case here, because if that happens woes again. Huat for you. Hope your 1 million shares turns into a million dollars. Lol.. wendel      ( Date: 13-Oct-2013 10:35) Posted: I tot only 1 MIW? Mr Chan had just left his post... Vested...1 mil sh.
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Tomique Master	13-Oct-2013 12:38        Tomique About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hope only one left and hope there is no more hidden in camouflage. In most counters that have MIWs, they exchanged themselves via proxies over and over again, and the shares remains iliquid or never move an inch. Hope it is not the case here, because if that happens woes again. Huat for you. Hope your 1 million shares turns into a million dollars. Lol.. wendel      ( Date: 13-Oct-2013 10:35) Posted: I tot only 1 MIW? Mr Chan had just left his post... Vested...1 mil sh.  Tomique      ( Date: 08-Oct-2013 10:34) Posted: Ya, Dr Tan Eng Liang leaving the helm is a good sign. He seemed not favouring the shares to move all these years. It never move even a little wee bit at all. Though it is a good sign, I still don't like so many men in whites in the company.   Think they should go elsewhere and then I think it will give a chance for Sunmoon's share to come alive as they won't be answerable if the shares anyhow move up and down with volatility. Lol.. Can buy a bit for good risk to reward ratio!!!.
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wendel Master	13-Oct-2013 10:35        wendel About Contact  Quote this Post!
x 0   x 0  Alert Admin	I tot only 1 MIW? Mr Chan had just left his post... Vested...1 mil sh.  Tomique      ( Date: 08-Oct-2013 10:34) Posted: Ya, Dr Tan Eng Liang leaving the helm is a good sign. He seemed not favouring the shares to move all these years. It never move even a little wee bit at all. Though it is a good sign, I still don't like so many men in whites in the company.   Think they should go elsewhere and then I think it will give a chance for Sunmoon's share to come alive as they won't be answerable if the shares anyhow move up and down with volatility. Lol.. Can buy a bit for good risk to reward ratio!!!.  ninjawarrior      ( Date: 08-Oct-2013 10:27) Posted: ...if can become like Blumont or Asiasons....then i will load more. Hehehehe...
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HugoLee Member	09-Oct-2013 19:37        HugoLee About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	Thanks for the tip!  Will load up!
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wendel Master	09-Oct-2013 15:16        wendel About Contact  Quote this Post!
x 0   x 1  Alert Admin	this is indeed a worthy investment...a restructured business..all effort rendered to save it's business from bankkruptcy...downside limited but upside hasn't seen a limit. solidbuy      ( Date: 09-Oct-2013 11:26) Posted: Got potential....may see 005 or more next 2years. camukaba      ( Date: 09-Oct-2013 11:17) Posted: Here's Hock Lock Siew on today's BT. Looks like something is indeed brewing, though not in the immediate future.    Will revamp bear fruit for SunMoon? SUNMOON Food Company's latest debt restructuring has finally removed the proverbial sword of Damocles hanging over its head and given it a fresh impetus for growth. Those familiar with its corporate history will remember SunMoon as the doomed FHTK Holdings, or Fook Huat Tong Kee, a major fruit distributor and investor in China. It listed on Singapore Exchange's mainboard in 1997 to great excitement, boasting sales the year before of $225 million and pre-tax profits of $10.7 million. That same excitement saw the stock hitting a high of 88 cents in the course of its trading, against its initial public offering price of 60 cents. But signs of wilting began to set in after that. FHTK found itself chalking up big losses in a 10-year loss spell, with red ink spilling into the hundreds of millions. Debt restructurings took place, and fresh money poured in, but each time, the company sank deeper into the red. Its business model, which leased massive tracts of farmland to local farmers, was not set up to generate cash. For one thing, fruit plantation yields were poor. Worse still, its old business model of storing apples in a massive cold storage facility became irrelevant as competitors built similar facilities of their own. In 2007, the company was saved from liquidation by a $60 million convertible loan from investors. Old management resigned, including founder Ee Tai Ting, who had built up the company from his days in the 1950s of selling over-ripe fruits in a pushcart. Since then, new management, led by ex-Singapore Food Industries director Neo Wei Ming, has been restructuring the company and its operations in China. But its debt overhang remained, with accrued interest causing accounting losses. And even as the company pulled off positive pre-tax profits of several million dollars, auditors warned that without a loan restructuring, its ability to remain as a going concern was in doubt. All this changed on Sept 10, when the company announced that it had settled its remaining $24.4 million of legacy debt by paying creditors $12.4 million in cash and issuing them six billion new settlement shares at 0.1 of a cent each. The rescuer, First Alverstone Capital (FACL), will pay them the remaining $6 million a year later in a separate share or cash deal. This could well turn out to be a win-win situation as the shares are now trading at 0.2 of a cent. Good deal FACL also got a good deal. It had entered into an $18 million convertible loan arrangement with SunMoon and converted all that to 18 billion shares at 0.1 of a cent each. FACL only had to cough up $12 million of cash for the convertible loan. For the remaining $6 million that was converted to shares, FACL has the option of paying the creditors a year later in cash or shares, as mentioned earlier. SunMoon's share capital rose from 7.9 billion shares to 31.9 billion shares, with FACL's stake increasing from 6.3 per cent to 58 per cent. The move has also improved the company's balance sheet. As part of the deal, $13.2 million of accrued interest was written off, which will result in a one-off profit boost in Q3. Together with the $24.4 million debt settlement, SunMoon's net asset value thus increased by about $38 million, lifting it up from a negative net asset value to a positive $16.5 million. FACL, meanwhile, has been selling some of its stake to other stakeholders " to get them to participate in the growth of the company" , FACL executive chairman Gary Loh told BT. FACL held 12.5 billion shares at end-September, or 39.1 per cent. The shares have been hovering around 0.2 to 0.3 of a cent, giving the company a market value of between $64 million to $96 million. Assuming a price-to-earnings ratio of 10, the market is perhaps expecting long-run profits to be in the zone of roughly $6 million to $10 million every year. This is not an impossible target. The company's earnings before interest, tax, depreciation and amortisation (Ebitda) had been $10 million in 2009, around $5 million in 2010 and 2011, and $2 million last year. The poorer 2012 performance was due to higher production costs and higher taxes on exports of dehydrated products from China, as well as lower fresh fruit sales margins. But business could improve in the years ahead now that the threat of bankruptcy hanging over the company is not there. Suppliers and customers will be more confident to deal with it without worrying about payments and product delivery. More significantly, the company's business had been transformed since 2009 into an asset-light distribution and trading model that focuses on building a strong brand through quality control. Today, SunMoon's revenues are split into two roughly equal streams: fresh fruits, and food ingredients. For fresh fruits, SunMoon mainly exports Fuji apples grown in China to the world, mainly to Indonesia. This segment had struggled to break $1 million of profit in the past few years but with the debt overhang gone and more working capital in place, it can perhaps break $2 million to $3 million. Under food ingredients (also known as agricultural products), the company produces dehydrated garlic and onions in China for export. The China factory has a carrying value of about $6 million and is the biggest asset on SunMoon's books. In good years, such as 2010 and 2011, the segment made $4 million to $6 million. Higher potential earnings So in its current situation, the company is capable of making $8 million to $10 million a year, justifying a valuation of 0.3 of a cent. And this does not include the value of the shell company and the intangible value of the SunMoon brand. The company has the potential to make more. Management is diversifying into other fruits. The company is also exploring a new line of business in consumer products. This includes fruit crisps and existing fruit cups supplied to budget airlines. If that segment takes off, another boost to earnings would be on the way. Ultimately, SunMoon has to focus on its brand-building efforts, relying on quality products and letting the numbers do the talking. While its brand might be known in Indonesian mini-marts, it is relatively less known in Singapore. A focus on selling premium fruits could help on this front. For example, premium SunMoon fruits - seen in NTUC and Sheng Siong - could boost the profile of the company more. SunMoon appears to have cleaned up its rot and has done all the right things so far. Its task is now to ensure that all the restructuring efforts will bear fruit.
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solidbuy Veteran	09-Oct-2013 11:26        solidbuy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Got potential....may see 005 or more next 2years. camukaba      ( Date: 09-Oct-2013 11:17) Posted: Here's Hock Lock Siew on today's BT. Looks like something is indeed brewing, though not in the immediate future.    Will revamp bear fruit for SunMoon? SUNMOON Food Company's latest debt restructuring has finally removed the proverbial sword of Damocles hanging over its head and given it a fresh impetus for growth. Those familiar with its corporate history will remember SunMoon as the doomed FHTK Holdings, or Fook Huat Tong Kee, a major fruit distributor and investor in China. It listed on Singapore Exchange's mainboard in 1997 to great excitement, boasting sales the year before of $225 million and pre-tax profits of $10.7 million. That same excitement saw the stock hitting a high of 88 cents in the course of its trading, against its initial public offering price of 60 cents. But signs of wilting began to set in after that. FHTK found itself chalking up big losses in a 10-year loss spell, with red ink spilling into the hundreds of millions. Debt restructurings took place, and fresh money poured in, but each time, the company sank deeper into the red. Its business model, which leased massive tracts of farmland to local farmers, was not set up to generate cash. For one thing, fruit plantation yields were poor. Worse still, its old business model of storing apples in a massive cold storage facility became irrelevant as competitors built similar facilities of their own. In 2007, the company was saved from liquidation by a $60 million convertible loan from investors. Old management resigned, including founder Ee Tai Ting, who had built up the company from his days in the 1950s of selling over-ripe fruits in a pushcart. Since then, new management, led by ex-Singapore Food Industries director Neo Wei Ming, has been restructuring the company and its operations in China. But its debt overhang remained, with accrued interest causing accounting losses. And even as the company pulled off positive pre-tax profits of several million dollars, auditors warned that without a loan restructuring, its ability to remain as a going concern was in doubt. All this changed on Sept 10, when the company announced that it had settled its remaining $24.4 million of legacy debt by paying creditors $12.4 million in cash and issuing them six billion new settlement shares at 0.1 of a cent each. The rescuer, First Alverstone Capital (FACL), will pay them the remaining $6 million a year later in a separate share or cash deal. This could well turn out to be a win-win situation as the shares are now trading at 0.2 of a cent. Good deal FACL also got a good deal. It had entered into an $18 million convertible loan arrangement with SunMoon and converted all that to 18 billion shares at 0.1 of a cent each. FACL only had to cough up $12 million of cash for the convertible loan. For the remaining $6 million that was converted to shares, FACL has the option of paying the creditors a year later in cash or shares, as mentioned earlier. SunMoon's share capital rose from 7.9 billion shares to 31.9 billion shares, with FACL's stake increasing from 6.3 per cent to 58 per cent. The move has also improved the company's balance sheet. As part of the deal, $13.2 million of accrued interest was written off, which will result in a one-off profit boost in Q3. Together with the $24.4 million debt settlement, SunMoon's net asset value thus increased by about $38 million, lifting it up from a negative net asset value to a positive $16.5 million. FACL, meanwhile, has been selling some of its stake to other stakeholders " to get them to participate in the growth of the company" , FACL executive chairman Gary Loh told BT. FACL held 12.5 billion shares at end-September, or 39.1 per cent. The shares have been hovering around 0.2 to 0.3 of a cent, giving the company a market value of between $64 million to $96 million. Assuming a price-to-earnings ratio of 10, the market is perhaps expecting long-run profits to be in the zone of roughly $6 million to $10 million every year. This is not an impossible target. The company's earnings before interest, tax, depreciation and amortisation (Ebitda) had been $10 million in 2009, around $5 million in 2010 and 2011, and $2 million last year. The poorer 2012 performance was due to higher production costs and higher taxes on exports of dehydrated products from China, as well as lower fresh fruit sales margins. But business could improve in the years ahead now that the threat of bankruptcy hanging over the company is not there. Suppliers and customers will be more confident to deal with it without worrying about payments and product delivery. More significantly, the company's business had been transformed since 2009 into an asset-light distribution and trading model that focuses on building a strong brand through quality control. Today, SunMoon's revenues are split into two roughly equal streams: fresh fruits, and food ingredients. For fresh fruits, SunMoon mainly exports Fuji apples grown in China to the world, mainly to Indonesia. This segment had struggled to break $1 million of profit in the past few years but with the debt overhang gone and more working capital in place, it can perhaps break $2 million to $3 million. Under food ingredients (also known as agricultural products), the company produces dehydrated garlic and onions in China for export. The China factory has a carrying value of about $6 million and is the biggest asset on SunMoon's books. In good years, such as 2010 and 2011, the segment made $4 million to $6 million. Higher potential earnings So in its current situation, the company is capable of making $8 million to $10 million a year, justifying a valuation of 0.3 of a cent. And this does not include the value of the shell company and the intangible value of the SunMoon brand. The company has the potential to make more. Management is diversifying into other fruits. The company is also exploring a new line of business in consumer products. This includes fruit crisps and existing fruit cups supplied to budget airlines. If that segment takes off, another boost to earnings would be on the way. Ultimately, SunMoon has to focus on its brand-building efforts, relying on quality products and letting the numbers do the talking. While its brand might be known in Indonesian mini-marts, it is relatively less known in Singapore. A focus on selling premium fruits could help on this front. For example, premium SunMoon fruits - seen in NTUC and Sheng Siong - could boost the profile of the company more. SunMoon appears to have cleaned up its rot and has done all the right things so far. Its task is now to ensure that all the restructuring efforts will bear fruit.
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camukaba Member	09-Oct-2013 11:17        camukaba About Contact  Quote this Post!
x 0   x 0  Alert Admin	Here's Hock Lock Siew on today's BT. Looks like something is indeed brewing, though not in the immediate future.    Will revamp bear fruit for SunMoon? SUNMOON Food Company's latest debt restructuring has finally removed the proverbial sword of Damocles hanging over its head and given it a fresh impetus for growth. Those familiar with its corporate history will remember SunMoon as the doomed FHTK Holdings, or Fook Huat Tong Kee, a major fruit distributor and investor in China. It listed on Singapore Exchange's mainboard in 1997 to great excitement, boasting sales the year before of $225 million and pre-tax profits of $10.7 million. That same excitement saw the stock hitting a high of 88 cents in the course of its trading, against its initial public offering price of 60 cents. But signs of wilting began to set in after that. FHTK found itself chalking up big losses in a 10-year loss spell, with red ink spilling into the hundreds of millions. Debt restructurings took place, and fresh money poured in, but each time, the company sank deeper into the red. Its business model, which leased massive tracts of farmland to local farmers, was not set up to generate cash. For one thing, fruit plantation yields were poor. Worse still, its old business model of storing apples in a massive cold storage facility became irrelevant as competitors built similar facilities of their own. In 2007, the company was saved from liquidation by a $60 million convertible loan from investors. Old management resigned, including founder Ee Tai Ting, who had built up the company from his days in the 1950s of selling over-ripe fruits in a pushcart. Since then, new management, led by ex-Singapore Food Industries director Neo Wei Ming, has been restructuring the company and its operations in China. But its debt overhang remained, with accrued interest causing accounting losses. And even as the company pulled off positive pre-tax profits of several million dollars, auditors warned that without a loan restructuring, its ability to remain as a going concern was in doubt. All this changed on Sept 10, when the company announced that it had settled its remaining $24.4 million of legacy debt by paying creditors $12.4 million in cash and issuing them six billion new settlement shares at 0.1 of a cent each. The rescuer, First Alverstone Capital (FACL), will pay them the remaining $6 million a year later in a separate share or cash deal. This could well turn out to be a win-win situation as the shares are now trading at 0.2 of a cent. Good deal FACL also got a good deal. It had entered into an $18 million convertible loan arrangement with SunMoon and converted all that to 18 billion shares at 0.1 of a cent each. FACL only had to cough up $12 million of cash for the convertible loan. For the remaining $6 million that was converted to shares, FACL has the option of paying the creditors a year later in cash or shares, as mentioned earlier. SunMoon's share capital rose from 7.9 billion shares to 31.9 billion shares, with FACL's stake increasing from 6.3 per cent to 58 per cent. The move has also improved the company's balance sheet. As part of the deal, $13.2 million of accrued interest was written off, which will result in a one-off profit boost in Q3. Together with the $24.4 million debt settlement, SunMoon's net asset value thus increased by about $38 million, lifting it up from a negative net asset value to a positive $16.5 million. FACL, meanwhile, has been selling some of its stake to other stakeholders " to get them to participate in the growth of the company" , FACL executive chairman Gary Loh told BT. FACL held 12.5 billion shares at end-September, or 39.1 per cent. The shares have been hovering around 0.2 to 0.3 of a cent, giving the company a market value of between $64 million to $96 million. Assuming a price-to-earnings ratio of 10, the market is perhaps expecting long-run profits to be in the zone of roughly $6 million to $10 million every year. This is not an impossible target. The company's earnings before interest, tax, depreciation and amortisation (Ebitda) had been $10 million in 2009, around $5 million in 2010 and 2011, and $2 million last year. The poorer 2012 performance was due to higher production costs and higher taxes on exports of dehydrated products from China, as well as lower fresh fruit sales margins. But business could improve in the years ahead now that the threat of bankruptcy hanging over the company is not there. Suppliers and customers will be more confident to deal with it without worrying about payments and product delivery. More significantly, the company's business had been transformed since 2009 into an asset-light distribution and trading model that focuses on building a strong brand through quality control. Today, SunMoon's revenues are split into two roughly equal streams: fresh fruits, and food ingredients. For fresh fruits, SunMoon mainly exports Fuji apples grown in China to the world, mainly to Indonesia. This segment had struggled to break $1 million of profit in the past few years but with the debt overhang gone and more working capital in place, it can perhaps break $2 million to $3 million. Under food ingredients (also known as agricultural products), the company produces dehydrated garlic and onions in China for export. The China factory has a carrying value of about $6 million and is the biggest asset on SunMoon's books. In good years, such as 2010 and 2011, the segment made $4 million to $6 million. Higher potential earnings So in its current situation, the company is capable of making $8 million to $10 million a year, justifying a valuation of 0.3 of a cent. And this does not include the value of the shell company and the intangible value of the SunMoon brand. The company has the potential to make more. Management is diversifying into other fruits. The company is also exploring a new line of business in consumer products. This includes fruit crisps and existing fruit cups supplied to budget airlines. If that segment takes off, another boost to earnings would be on the way. Ultimately, SunMoon has to focus on its brand-building efforts, relying on quality products and letting the numbers do the talking. While its brand might be known in Indonesian mini-marts, it is relatively less known in Singapore. A focus on selling premium fruits could help on this front. For example, premium SunMoon fruits - seen in NTUC and Sheng Siong - could boost the profile of the company more. SunMoon appears to have cleaned up its rot and has done all the right things so far. Its task is now to ensure that all the restructuring efforts will bear fruit.
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Tomique Master	08-Oct-2013 10:34        Tomique About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ya, Dr Tan Eng Liang leaving the helm is a good sign. He seemed not favouring the shares to move all these years. It never move even a little wee bit at all. Though it is a good sign, I still don't like so many men in whites in the company.   Think they should go elsewhere and then I think it will give a chance for Sunmoon's share to come alive as they won't be answerable if the shares anyhow move up and down with volatility. Lol.. Can buy a bit for good risk to reward ratio!!!.  ninjawarrior      ( Date: 08-Oct-2013 10:27) Posted: ...if can become like Blumont or Asiasons....then i will load more. Hehehehe.... dtijrc      ( Date: 08-Oct-2013 04:26) Posted: Something is  definitely  brewing! Firstly, Dr Tan Eng Liang has stepped down as director, replaced by Mr Gary Loh Hock Chuan,  Executive Chairman of First Alverstone Capital Ltd. This guy looks super tzai. http://www.finanznachrichten.de/pdf/20131007_174015_F06_2ECFD673BCB8605548257BFD0029A91D.1.pdf  Second, looks like Sunmoon is finally debt free: http://www.finanznachrichten.de/nachrichten-2013-09/27962243-sunmoon-food-company-limited-change-in-capital-convertible-securities-restructuring-of-existing-convertible-loan-027.htm  Can someone read  the attached pdf and verify this? What is the significance of this you think?  As someone commented earlier, it is a miraculous feat that they can revive this sleeping dragon from within inches of death, within 3-4 short years! Looking forward to see it breathing fire soon! I personally have very high hopes! Buy ah mai tu liao! )
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ninjawarrior Member	08-Oct-2013 10:27        ninjawarrior About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	...if can become like Blumont or Asiasons....then i will load more. Hehehehe.... dtijrc      ( Date: 08-Oct-2013 04:26) Posted: Something is  definitely  brewing! Firstly, Dr Tan Eng Liang has stepped down as director, replaced by Mr Gary Loh Hock Chuan,  Executive Chairman of First Alverstone Capital Ltd. This guy looks super tzai. http://www.finanznachrichten.de/pdf/20131007_174015_F06_2ECFD673BCB8605548257BFD0029A91D.1.pdf  Second, looks like Sunmoon is finally debt free: http://www.finanznachrichten.de/nachrichten-2013-09/27962243-sunmoon-food-company-limited-change-in-capital-convertible-securities-restructuring-of-existing-convertible-loan-027.htm  Can someone read  the attached pdf and verify this? What is the significance of this you think?  As someone commented earlier, it is a miraculous feat that they can revive this sleeping dragon from within inches of death, within 3-4 short years! Looking forward to see it breathing fire soon! I personally have very high hopes! Buy ah mai tu liao! )
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dtijrc Member	08-Oct-2013 04:26        dtijrc About Contact  Quote this Post!
x 0   x 0  Alert Admin	Something is  definitely  brewing! Firstly, Dr Tan Eng Liang has stepped down as director, replaced by Mr Gary Loh Hock Chuan,  Executive Chairman of First Alverstone Capital Ltd. This guy looks super tzai. http://www.finanznachrichten.de/pdf/20131007_174015_F06_2ECFD673BCB8605548257BFD0029A91D.1.pdf  Second, looks like Sunmoon is finally debt free: http://www.finanznachrichten.de/nachrichten-2013-09/27962243-sunmoon-food-company-limited-change-in-capital-convertible-securities-restructuring-of-existing-convertible-loan-027.htm  Can someone read  the attached pdf and verify this? What is the significance of this you think?  As someone commented earlier, it is a miraculous feat that they can revive this sleeping dragon from within inches of death, within 3-4 short years! Looking forward to see it breathing fire soon! I personally have very high hopes! Buy ah mai tu liao! )
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ninjawarrior Member	26-Sep-2013 10:53        ninjawarrior About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	...what's the story....morning glory?     solidbuy      ( Date: 26-Sep-2013 10:45) Posted: Last call for Sunmoon! solidbuy      ( Date: 19-Sep-2013 16:45) Posted: I bought little bit to keep also....everyday the volume very high. Something is brewing..
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solidbuy Veteran	26-Sep-2013 10:45        solidbuy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Last call for Sunmoon! solidbuy      ( Date: 19-Sep-2013 16:45) Posted: I bought little bit to keep also....everyday the volume very high. Something is brewing... Tomique      ( Date: 18-Sep-2013 14:26) Posted: Hahaha, agreed.   But honestly, we should applaud the directors for their agility by bringing in a nearly dead company to much alive today.   I went round their retails shops and found them doing brisk businesses for many branches.   I understand that they also see fruits and veges to supermarkets and wet markets. Anyway, I am looking at them trying to really give value to their shares.   Currently after about another $3 million dollars of more than 1 billion shares on lelong are taken up, I believe Sunmoon might cheong!! Someone told my that some broker house bosses, (e.g Tang Wee Loke some relatives of CK Tang and a share broker himself) are also investors of Sunmoon. Don't know why they thought the counter can offer future values?
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solidbuy Veteran	19-Sep-2013 16:45        solidbuy About Contact  Quote this Post!
x 0   x 0  Alert Admin	I bought little bit to keep also....everyday the volume very high. Something is brewing... Tomique      ( Date: 18-Sep-2013 14:26) Posted: Hahaha, agreed.   But honestly, we should applaud the directors for their agility by bringing in a nearly dead company to much alive today.   I went round their retails shops and found them doing brisk businesses for many branches.   I understand that they also see fruits and veges to supermarkets and wet markets. Anyway, I am looking at them trying to really give value to their shares.   Currently after about another $3 million dollars of more than 1 billion shares on lelong are taken up, I believe Sunmoon might cheong!! Someone told my that some broker house bosses, (e.g Tang Wee Loke some relatives of CK Tang and a share broker himself) are also investors of Sunmoon. Don't know why they thought the counter can offer future values?   jomini      ( Date: 17-Sep-2013 15:41) Posted: print n sell to u lor. that will turn them into mone
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Tomique Master	18-Sep-2013 14:26        Tomique About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hahaha, agreed.   But honestly, we should applaud the directors for their agility by bringing in a nearly dead company to much alive today.   I went round their retails shops and found them doing brisk businesses for many branches.   I understand that they also see fruits and veges to supermarkets and wet markets. Anyway, I am looking at them trying to really give value to their shares.   Currently after about another $3 million dollars of more than 1 billion shares on lelong are taken up, I believe Sunmoon might cheong!! Someone told my that some broker house bosses, (e.g Tang Wee Loke some relatives of CK Tang and a share broker himself) are also investors of Sunmoon. Don't know why they thought the counter can offer future values?   jomini      ( Date: 17-Sep-2013 15:41) Posted: print n sell to u lor. that will turn them into money Tomique      ( Date: 17-Sep-2013 14:57) Posted: Sunmoonese are in a pitiful state of affairs.   Look at the trillions of shares blocking on each side of the fence.   Don't know how they are going to break the barriers.   USA prints money but Sunmoon prints " papers" .   Looks like the directors are very happy turning their   trillions of pieces of papers into millions of singing dollars.   Hahaha!!   But if the papers are worth dollars, they probably will make it to the forbes top billionaires, lol..
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jomini Veteran	17-Sep-2013 15:41        jomini About Contact  Quote this Post!   Yells: "slow down, think, question"
x 0   x 0  Alert Admin	print n sell to u lor. that will turn them into money Tomique      ( Date: 17-Sep-2013 14:57) Posted: Sunmoonese are in a pitiful state of affairs.   Look at the trillions of shares blocking on each side of the fence.   Don't know how they are going to break the barriers.   USA prints money but Sunmoon prints " papers" .   Looks like the directors are very happy turning their   trillions of pieces of papers into millions of singing dollars.   Hahaha!!   But if the papers are worth dollars, they probably will make it to the forbes top billionaires, lol..
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Tomique Master	17-Sep-2013 14:57        Tomique About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sunmoonese are in a pitiful state of affairs.   Look at the trillions of shares blocking on each side of the fence.   Don't know how they are going to break the barriers.   USA prints money but Sunmoon prints " papers" .   Looks like the directors are very happy turning their   trillions of pieces of papers into millions of singing dollars.   Hahaha!!   But if the papers are worth dollars, they probably will make it to the forbes top billionaires, lol..
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Tomique Master	13-Sep-2013 13:19        Tomique About Contact  Quote this Post!
x 1   x 0  Alert Admin	Remember SUNMOON this is not for intraday trade. Currently not, but maybe in future yes!! Wait for them to announce the coming qtr results, and also their comments that the company equity is now positive, not like before negative for nearly 1,000 years.   Serious, it means for quite long already in the red, now just coming into the black due to one time gain of $6 million. But important thing is their trading (business) results.  Dyodd. Cheers!!!  KepoChicken      ( Date: 13-Sep-2013 12:34) Posted: so many ppl dump sun moon... want how many lot also can
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