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Why BANJOO PRICE WILL NOT DROP?
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Manikamaniko.
Master |
10-Sep-2007 10:18
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Joojoo has great supporters...
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tomwong
Member |
10-Sep-2007 10:06
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of course lah, so many people went in last fri with the hope of taking profit at 40 cts |
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Pension
Elite |
10-Sep-2007 10:05
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based on the trading pattern, many sb is supporting it except one joker keep dumping millions of share. |
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Manikamaniko.
Master |
10-Sep-2007 10:00
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Joojoo has great supporters...
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Pension
Elite |
10-Sep-2007 09:51
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if hangseng index free fall, sti will follow. be patient, just wait. |
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Pension
Elite |
10-Sep-2007 09:45
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one joker is dumping banjoo share by million at 0.195. wait for the hang seng to open at 10.00am |
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787180
Master |
10-Sep-2007 09:36
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Bought 200lots at 19.5 cts..limited downside ...don't expect 9 - 10cts no way..even 15 to 17cts unlikely to be visited again |
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timewatch
Senior |
10-Sep-2007 09:30
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hello pension, banjoo safe to buy at what price. |
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Pension
Elite |
10-Sep-2007 02:02
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today is the acid for banjoo against the dow. if banjoo can survive the dow, the target price will be 28 cents. |
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787180
Master |
09-Sep-2007 23:46
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Banjoo,The Year of the Golden Pig 2007 will outperform. Banjoo(BJ) has on Fri 7 Sept expressed intention to aquire Megatalk,a co own by NTUC INCOME and is involved in the telecommunication svs just like CCTM,a unit of China's CCTV with a viewership of >330mil.All these acquisition will be financed by BJ's shares at a price of ab 30cts.In Aug BJ has reached agreement to repay its debts to creditors and banks too and BJ will be a totally revamped biz out of non profitable textile biz. BJ's subsidiary Shanghai All Points-Invs Co Ltd has officially launched its paperless welfare lottery biz in Shanghai and BJ will pay Diamond Sky International,the owner,that is being tied up with the special purpose vehicle to facilitate the deal,Diamond Sky will be paid with BJ shares first tranche at 20cts and next trance at 40cts.The MOU inked on 5June is legally binding as 3 mths is the normally period for it to be ratified and is normally sealed unless there are adverse changes to offeror and offree's positions.Deal is likely in BJ's pockets already. BT dated 8Sept.."even a s'pore base NetGain System has won a prestigious IT contract at Bejing Olympics beating some of the world's best known giants"..Hence BJ stake in the $105mil profit guarantted by Diamond Sky is unlikely to be rejected by PRC as many pple esp shortist would like BJ to crash esp they had shorted heavily on Fri 7sept will be caught wrong footed again on Mon 10Sept. According to Citicorp,welfare lotteries account for 58% of the whole lottery mkt in China and by 2010 welfare lottery will reach US$18 illions(S$27billions),verses US $16.5 billions,for sports lotteries which LottVision is eyeing.Therefore BJ at 20.5cts will catch up with LottVision(36.5cts) as LottVision is involved in POS equipment to lottery operators while BJ is in the superior position in particiapting in Lottery receipts.Unlike LottVision,BJ is not in anaylst radar screen yet while Lottvision has been covered by a few analysts including DBS Vickers and Philips. BJ has often go againts DOw's movennts up when DOW drops..In mid june BJ halted at 14cts and when lottery biz was announced it shot past 20cts trading btw 22 to 30cts for >2mths,but on 17 aug it dropped <20cts and had traded btw 15 to 19cts.The gap had been completely filled from 15 to 20cts with heavy vol esp fri 7Sept and with so many beneficial effects and synergestic acquistions,its share price will be well underpinned..strong buy,,don't expect 9-10cts anymore. |
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