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Lucky ytd never bought at 0.57.
The marine industry order flow is still in very bad shape. Jaya used to be shouted most loudly during the big bull time.
Good to short Cosco too. It has remained in very high price for a long time now.
luckily already escaped from this counter 2 weeks ago at 0.620.
Shipping industry is still in the mess, still low sales volume, very high depreciation cost....
Jaya Holdings is meeting lenders to seek their support for a standstill on repayments, pending consensual restructuring of the group's operations and financial arrangements
News report:
Jaya Holdings Ltd
announced that its lenders have indicated their intention to review the credit facilities extended to it due to uncertaintities in the market.
what went wrong? anyone know?
shortist go go go.... short this stock.
shorted at $0.405
learning from jaya...be careful if u buy the high gearing stock...
wat happen?
open 37
low 35
now 415
Trading halted.
this one gt potential also.. still below 200MA.. if u dare to punt, it might bring u good returns too
Creeping...