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Equation

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edskh78
    14-Aug-2009 16:40  
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Still not breakeven yet. Has shares at 0.105 bought in June.
 
 
TuaPekGong9413
    14-Aug-2009 16:26  
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cheong ah.....me vested at 75....let go at .9 liao....lucky
 
 
dlimck
    14-Aug-2009 16:21  
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Moving up now... Vested earlier at 7cents... Chiong ahh...
 

 
TuaPekGong9413
    14-Aug-2009 09:36  
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wa......really exploding....think soon may be eunetwork turn
 
 
TuaPekGong9413
    12-Aug-2009 15:31  
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ya.....my ang mo fren say they gona explode soon once they collected enough.....
 
 
smartrader
    12-Aug-2009 14:43  
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sellers were lured to dump at 7.5 cts and buyers happily absorb ....closing will be strong..
 

 
smartrader
    12-Aug-2009 13:19  
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sorry this posting is for PEC ..hehe
 
 
smartrader
    12-Aug-2009 13:18  
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shoud not have allowed to list with so small percentage of shares open to public ...rich benefitting the rich...regulators had forgotten about the those cornered shares debacles..
 
 
smartrader
    12-Aug-2009 13:14  
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yeah i remembered in one of the sessions it jumped 3.5 cents from 7.5 cts to close at 10.5 cents -- too bad did not take profits as this is my long counter..
 
 
iPunter
    12-Aug-2009 12:54  
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Veretans have the benefit of experience... Smiley
 

 
TuaPekGong9413
    12-Aug-2009 12:51  
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my ang mo investor say this counter may see hope of going up as past actions seems like bb accumulating at .75
 
 
smartrader
    12-Aug-2009 10:48  
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when equation has high tradiing vol, it will follow with some corporate action annoucement soon.. hope this time is also true...
 
 
TuaPekGong9413
    12-Aug-2009 10:13  
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seems they collecting a lot at 75 over a period of time.....if mart no more 75 and ppl dun dare to short at 75, means it will go up....hopefully theres contrarians to short at 75 then price will move up even faster
 
 
smartrader
    12-Aug-2009 09:58  
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09:54:00
0.075 1,000 Sold To Buyer
09:53:00 0.080 1,000 Bought From Seller
09:48:00 0.075 1,000 Sold To Buyer
09:39:00 0.080 1,000 Bought From Seller


Expect some actions...waiting game....maybe can contra  to make kopi money
 
 
TuaPekGong9413
    12-Aug-2009 09:56  
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better move up fast if not will be like unifibre
 

 
smartrader
    12-Aug-2009 09:54  
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yeah.. follow the bb catch 100lots at 7.5..hope it can go above 10 cents soon..
 
 
TuaPekGong9413
    12-Aug-2009 09:48  
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seems like BB acvcumulating to play agian...
 
 
TuaPekGong9413
    04-Aug-2009 12:38  
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safe counter but movement its like unifibre....dead fish...
 
 
smartrader
    03-Aug-2009 23:06  
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it is safe to invest at this price...
 
 
fran_zng
    03-Aug-2009 22:31  
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any comment on this baby, anybody

smartrader      ( Date: 01-Jul-2009 22:17) Posted:

Published June 29, 2009

Equation unveils digital anti-theft system

Its associate firm expects the system to be fully implemented by some retailers by 2010

 

By ZEINAB YUSUF



 

THE flip side of a problem in the marketplace is very often a business opportunity. Just ask Eddie Chng, chief executive officer of Equation Corp.

 


To deter thefts in the electronics industry, Mr Chng has invented the Digitally Safe (DiSa) anti-theft system - a patented system that has already won two prestigious Plus X awards in Germany.

The product, launched by Equation's German-based associate company DiSa Digital Safety, allows small electronic devices such as flashcards, USB sticks, mobile phones and MP3 players to be encrypted with a security code at the point of manufacture.

This code can only be decoded by a retailer - after a consumer has paid for the device - failing which the device will not function.

Over a few drinks in 2004, a former business client - now managing director of DiSa, Matthias Claus - told Mr Chng of the challenges facing retailers in Germany. Mr Chng immediately saw an opportunity to fill a gap, putting to use his experience in the electronics engineering industry.

He strongly believes the global downturn and financial crisis have provided him a great opportunity through DiSa.

'When the economy is fine, retailers tend to overlook losses from theft, but in times like these, every cent counts - and this is when a system like DiSa is needed,' he says.

Mr Chng tried to launch the product in April 2007 - during the bull run - but realised that retailers had other things on their mind and cutting costs was not a priority.

Still, he was undeterred. Confident of his product, he held on patiently and took some time to better understand the market. His patience paid off because, according to him, the re-launched product 'has been very successful and the response is more than we can cope with'.

DiSa Digital Safety has already forged a partnership with MediMax, a major retailer that owns over 100 stores across Germany and has begun trying the DiSa system in 13 of them.

DiSa Digital Safety expects the system to be fully implemented by some retailers by 2010.

The business model works by charging manufacturers per code allotted to each product, while retailers pay for the unlocking device.

Codes are priced depending on the nature of the product, from 50 euro cents (S$1) to five euros. The unlocking device costs a one-time 200 euros.

Each product bears a unique identification. Mr Chng says there is no way duplication can occur because every number is tracked in the company's database.

Currently, retailers use huge plastic boxes to encase small electronic items to defer theft - a process that is labour-intensive and expensive, says Mr Chng, who has received plenty of inquiries about DiSa.

'We believe the huge cost savings brought about by using DiSa will be a key attraction for many major retailers in Germany and possibly later, in the rest of Europe,' he says. 'DiSa not only saves costs but also improves the efficiency of their sales staff in stores.'

Optimism about the product's success, Mr Chng hopes the anti-theft system will be expanded to cover all electronic items, making DiSa a worldwide brand name.

 

 
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