
Plan to change name to ACMA. Hopefully fortune  would improve  with different name.
Oh ya. Lesson learnt
what makes u think its accumulation and not distribution..?
(" ,)
Dun understand e previous accumulation at 50-52 ct...all sold wif loss???
No wonder la....scarily leh the sell down very fast same like other penny stocks....still no announment fr neftech for contract leh...neftech made 1 mil profit
Name of Issuer: CHINA AUTO CORPORATION LTD. hereby gives notice that:
(i) it has recorded pre-tax losses for the three (3) most recently completed consecutive financial years (based on the latest announced full year consolidated accounts, excluding exceptional or non-recurrent income and extraordinary items) and
(ii) its market capitalisation as at 01-03-2013, the last market day on which trading was not suspended or halted, is S$183,899,713.58.
(Trading is deemed to be suspended or halted if trading is ceased for a full market day.)
The Company wishes to draw investors’ attention to Rule 1311 of the Listing Manual which states that the Exchange will place an issuer on a watch-list if it records:
(i) pre-tax losses for the three (3) most recently completed consecutive financial years (based on the latest announced full year consolidated accounts, excluding exceptional or non-recurrent income and extraordinary items) and
(ii) an average daily market capitalisation of less than $40 million over the last 120 market days on which trading was not suspended or halted. For the purpose of this rule, trading is deemed to be suspended or halted if trading is ceased for the full market day.
Investors should also note that pursuant to Practice Note 13.2 Paragraph 2.1, the Exchange conducts quarterly reviews to identify issuers to be included on the watch-list. The quarterly review will take place on the first market day of March, June, September and December of each year. The Company will make an immediate announcement should it be notified by the Exchange that it will be placed on the watch-list.
 
reference: http://info.sgx.com/webcorannc.nsf/AnnouncementToday/CDF1BB60C47D7ABE48257B220011BCA1?opendocument
Huge sell down....kena burn!!
Come again Liao..lok at vol
Yap...jus look at e vol...u kn
Looks like the stock is being accumulated strongly at 5-5.2 cts.  I have a strong feeling that the BBs will push it up to 6 -7 cts very very soon. Stand by and  stay vested. 
See come again liao
Ya dun kn why...at one moment tot breach 53 but down again...but good vol
Can't breach the $0.053/$0.054 barrier retreat after touching it. Will see.
New contract???
Vol suddenly spike up!!!
Soya...huge block at 54 leh
Time to rock to 6ct
... Big Boy, ie Big Player ...
GoodMorningSir ( Date: 17-Feb-2013 15:49) Posted:
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Hovering btw 51-52
New one??
WarriorOY ( Date: 18-Feb-2013 20:34) Posted:
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