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Pls be careful at this price. It may go up further but it may also come crashing down.
I posted when it was 7.8 cts. Have cleared my position at 9.85 cts.
Things should be okay if the sales of the subsidiary (valued at 10.5cts per share) pull through
but there is no guarantee that it will (pull through).
Do exercise cautions!
Wish everyone all the best!
haha yes indeed...penguinn... u holding for long this one? must be in huge profits by now...CONGRATS....
penguinn ( Date: 24-Sep-2013 12:14) Posted:
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wonder what new biz the company will go into once it gets the 70 million.......n also wondering how much dividends they will gif.....
But the market seems like very interested judging from the huge buy up seen today !! :))
tea444u ( Date: 24-Sep-2013 12:08) Posted:
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no one seems interested here
post transaction nav is 11.6 cents?
penguinn ( Date: 24-Sep-2013 11:50) Posted:
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Breakout !!! Hit 10.5 today on strong volume. Heading towards NAV post transaction at 11.6 cents from the current 4.42 cents. Still undervalued IMO.
traded between 9.6 cts to 9.9 cts. today.
closed at 9.7 cts on volume of 14.1 million shares.
good volume in the last few weeks. expect volume to go up further
nearer to oct period when the sales of the subsidiary expected to
conclude barring any hiccups.
for those who are not clear about what's going on ... pls refer to
their (Oakwell) annoucement on 21st aug 2013 in www.sgx.com
Monday can fly? :D
moving ....UP!
down .001 cts taday. currently trading at 9.6 cts on volume of 6.2 million shares.
counter looks well support at 9.4/9.5 cts
closed at 9.7 cts
not much interest today. trading at 9.6 cts on volume of 10.5 million shares
this one on a uptrend by creeping up a few bids a day. Got feeling it will breakout today. Watch closely.
josephyeo ( Date: 12-Sep-2013 00:25) Posted:
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close up 0.002 cts on volume of 15.9 million shares
up 0.003 cts today on volume of 7.9 million shares.
now trading 9.8 - 9.9 cts.
josephyeo ( Date: 11-Sep-2013 01:20) Posted:
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Not really true. Today top 10 volume are all penny stocks ...
Ipco 628 million shares traded
Albedo 470 millions
Innopac 294 millions
Vibro power 232 millions
etc etc
The top 10 were all penny stocks ranging from 0.007 cts to 15.7 cts.
Clearly the play on penny stocks is in full swing.
penguinn ( Date: 10-Sep-2013 23:12) Posted:
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Let wish for oakwell goodrun tomorrow. so that it can provide us good returns on our long term supportive investment
I need to get this...hope tomolo can get near 9... huat to all holders still..
josephyeo ( Date: 10-Sep-2013 17:21) Posted:
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" Play" seems to be rotated back to Blue Chips. Need to wait for penny turn to come back.