| Latest Forum Topics / Centillion^ |
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rebirth of company
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knightrider
Elite |
27-Nov-2007 11:48
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Hey James Bro, Why used such language ? You call them idiots when they buy at $0.007, what if 10 yrs later, it is trading at $1. This is a free world, 1 party willing seller, 1 party willing buyer. In this forum, the objectives is to share info and make quick $$$. Good Day. |
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pdshapiro
Member |
27-Nov-2007 10:41
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Why does it matter what "grey knights" paid for centillion shares then if the company is now showing potential as a real business? Why were "close folks" warned to stay clear of Centillion? I would think the question of interest to investors today is whether there is any evidence that Centillion has good prospects to become a real business, for example, any news or rumors that it is winning e-waste contracts. | ||||||||
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178investors
Veteran |
27-Nov-2007 00:11
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grey knights paid half-cent for each centillion share, same as what a sheet of toilet paper cost. how can they lose? even if it drop another 50%, knights still laughing all the way to the banks. luckily for many of close folks around me, they been warned to steer clear of this one except for one who try tikam tikam and now stuck with it. |
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pdshapiro
Member |
26-Nov-2007 22:36
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I think the issue with Centillion is whether it is now positioned to build a growing and profitable e-waste business. There is no question about the problem of e-waste. Has Centillion shaken off its criminal past and emerged as a real player in this market, with assets capable of exploiting the opportunity? If so (and I am curious how writers based in Singapore see this), the very low share price paid by white knights when the company was essentially bankrupt would be meaningless. What counts is the current potential of Centillion's business, its positioning to exploit that potential, and any evidence of progress. If those of you in Singapore have heard of actual contracts being won by Centillion, that would be a very good sign. On the other hand, if you have heard that nothing is really happening there, that it is just a financial shell with no active business prospects, it would be a bad sign that would be consistent with the low & declining share price. |
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Manikamaniko.
Master |
26-Nov-2007 19:59
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I had bought Centillion @ 0.145... |
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jackjames
Elite |
26-Nov-2007 19:44
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will you buy this stock if it is 0.01 ? I heard it only worth < 0.005 cents..
That is SGD 1.014 million dollars sell down... By the way, you know some idiots are buying huge lots earlier on at 0.07 cents? I think he is biting his own teeth now as well.. |
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bockann
Member |
25-Nov-2007 16:04
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Just hold it tight tight, you still have to wait for PCIM to convert all the notes. Four more tranches left. Last Friday the buy queue at 4.5 cents support is strong. BB is coming in to support... should see reversal soon :p 2008 will be a good year for Centillion. |
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kennylow
Member |
25-Nov-2007 16:00
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You would need to ask yourself 1st - with current business and revenue, is the share price worth 5 cents? Or is it lesser than that? Bear in mind the white knights paid less than 2 cents per share... | ||||||||
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pdshapiro
Member |
25-Nov-2007 07:17
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Still unclear, half way around the world, why investors in Singapore are not buying into Centillion given that it seems to be transforming from bankrupt crooked enterprise into a real company with real assets and apparently promising prospects. Can anyone in Singapore clarify why the Metech deal has not given the shares a huge boost? Is there any sign in Singapore that Centillion is (or is not) winning new business that will be reflected in future revs and earnings? | ||||||||
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pdshapiro
Member |
07-Nov-2007 09:22
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So, the deal went through. Metech refers to its acquisition on its website although it is silent on the price being US$12M instead of US$22M as earlier announced. Also Centillion implies on its website that its factory in China (Wuxi?) is now operational. Given these developments, it would appear that Centillion has real revenues, that it is more than a financial manipulation, in fact a real company. So, why is this not causing enough interest in Singapore to cause the share price to rise? | ||||||||
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AT01167
Senior |
25-Oct-2007 09:02
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Look like there are movements to save the company. Hope for the best :) |
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pdshapiro
Member |
25-Oct-2007 08:55
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Acquisition of Metech would seem to make Centillion a real company with actual customers and revenues. Is there any doubt about this in Singapore? I am wondering why the stock has not taken off with this news. Also how it happened that Centillion was able to buy Metech for US$12M when last August the price was going to be US$22M. How is this merger going down with Centeonyx, which appears to be left out? There has not been any news of contracts for Centeonyx and the company's website is silent on this. |
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