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It may go for a long consolidation in a tight range for most of the time of   this year .
sophisca ( Date: 18-Jul-2011 11:20) Posted:
hi bintang, so what is next  for  this counter? |
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hi bintang, so what is next  for  this counter?
It came down 50% in only two months .
Bintang ( Date: 25-May-2011 15:26) Posted:
After breaking the support at   10 cents , the only support is at 5.5 cents now .
Bintang ( Date: 23-May-2011 12:51) Posted:
Renewable Ene may not rebound if there is no SHORT position  , therefore it may go down further |
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Renewable En today already reached 5.3 cents .
Bintang ( Date: 11-Jul-2011 13:54) Posted:
RenewableEn has almost reached 5.5 cents today n about to fill the gap there .
Bintang ( Date: 08-Jul-2011 19:24) Posted:
It would go down to 5.5 cents |
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Got this reply from the company: 
 
" With regard to the Resignation of Sponsor, the Sponsor company is presently facing resource issues and it is an independent incident that is not related to the financial performance of the Company, as well as, unfortunately, something that is beyond the Company’s control. The Company is in the midst of searching for a new Sponsor and has also been approached with offers.  The Company will review each possibility carefully and make the appropriate announcement once a decision is made.
 
Operationally,   please be assured that the Group is reviewing its business segment and will implement operational measures to improve internal processes and efficiency."  
 
hmms... should i try at 5.5 cents?
RenewableEn has almost reached 5.5 cents today n about to fill the gap there .
Bintang ( Date: 08-Jul-2011 19:24) Posted:
It would go down to 5.5 cents .
Bintang ( Date: 25-May-2011 15:26) Posted:
After breaking the support at   10 cents , the only support is at 5.5 cents now |
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Bot at 0.10. Cut loss and treat this counter as write off. Good luck. 

mooo000 ( Date: 08-Jul-2011 19:28) Posted:
true...haizz i also cut today.. lucky cut in the morn at 0.079
so sad.. but i think i will re enter when the opp arises..   |
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true...haizz i also cut today.. lucky cut in the morn at 0.079
so sad.. but i think i will re enter when the opp arises..

 
It would go down to 5.5 cents .
Bintang ( Date: 25-May-2011 15:26) Posted:
After breaking the support at   10 cents , the only support is at 5.5 cents now .
Bintang ( Date: 23-May-2011 12:51) Posted:
Renewable Ene may not rebound if there is no SHORT position  , therefore it may go down further |
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I still need to said anything?
Fact and result show...
No Trust = No Value = No worth
No wonder all run road 1 by 1...
warrenbegger ( Date: 28-May-2011 19:42) Posted:
I keep warn and warn till i also lazy to warn anymore liao, just let those want to  jump into shit pool  go  bath in shit  la. Sgx so many counter why still want to risk on this shit, backside too itchy ah? Already big vol of sell off to tips off liao still many idiot go catch falling bomb. Those still inside pray hard hard liao, i wont come here to warm again. There's a saying, Dumb people got no cure. Unless REA really do something to gain trust value and improve it own fundamental a lots, if not chance of winning is only 20%, and chance of losing more is 80%+. Like that go casino better, bet on banker got 49.99% chance of winning. Wish those inside luck liao, bye bye...
warrenbegger ( Date: 19-Apr-2011 19:27) Posted:
CFO just resign like that and company havent find a replacement!
That means? Why so urgent?  CFO is a very important role to a company audit too, something wrong?
Those S-cheat CFO, u know if u resign so sudden before a company announce result will cause investor nightmare?
Now S-cheat + company incorporated in bermuda + catalist + CFO resign = ??? I also dont know cause still didnt see any big vol sell away to tips off
Warning Avoid REA after audit clear.
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Doesn't seem good. Earlier on the CFO resigned and still no replacement yet. Company Secretary has also resigned. Now the sponsor has resinged. Not so promising. Cut loss very painful but have to let go liao... 
GuavaXF30 ( Date: 08-Jul-2011 11:39) Posted:
Not good. Market all up but a few counters being hammered. This one all along I call " chow-hong" . Smelly air.
New123 ( Date: 08-Jul-2011 11:21) Posted:
The Sponsors has resigned. What is the impact to the company? Why the prices keep dropping? |
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Not good. Market all up but a few counters being hammered. This one all along I call " chow-hong" . Smelly air.
New123 ( Date: 08-Jul-2011 11:21) Posted:
The Sponsors has resigned. What is the impact to the company? Why the prices keep dropping? |
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The Sponsors has resigned. What is the impact to the company? Why the prices keep dropping?
Driven counter, very difficult to trade nor invest! I am not vested yet.
wishbone ( Date: 17-Jun-2011 10:00) Posted:
As I said before, this counter is going to be like this for some time or at least for a quarter or beyond.
 
bishan22 ( Date: 17-Jun-2011 09:54) Posted:
Give up. Break even and out of this ship. Play safe.   |
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As I said before, this counter is going to be like this for some time or at least for a quarter or beyond.

 
bishan22 ( Date: 17-Jun-2011 09:54) Posted:
Give up. Break even and out of this ship. Play safe.  
bishan22 ( Date: 01-Jun-2011 15:33) Posted:
Worn gas mask and move in @ 0.10. No risk no gain. Good luck.   |
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Give up. Break even and out of this ship. Play safe. 

bishan22 ( Date: 01-Jun-2011 15:33) Posted:
Worn gas mask and move in @ 0.10. No risk no gain. Good luck.   |
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If CEO keep buying and buying, i got nothing to said because that prove he willing to die with the company and the shareholder. But is his own pocket money or company money we dont know, i think no ones know too. Hongwei before suspended also got buy back lots of shares many time, thats also prove CEO buy back shares and company whether got any accounting/cash problems is 2 different things. But at least he dare to eat his own cooking to prove he think is fine.
I dont invest in S-chip anymore and i dont recommend also, to me its call margin of high risk, not worth it.
But if u backside itchy really cannot tahan must play S-chip, then pls just vest small amount for fun only. At least if u catch the boat, u feel happy that u got load some. And if the boat sink, u at least wont feel so pain also. Thats the right mental strategy for the gamblers mindset, wish u all good luck :)
Is your own money, invest with a better odds and understanding of chances.
CEO had already bought 2 earlier batches of 2.5M shares & 1.125M shares.. This is not a small amount..
bryancbq ( Date: 08-Jun-2011 19:39) Posted:
do realise that 700 000 shares for him is peanut.
New123 ( Date: 08-Jun-2011 14:25) Posted:
Xu Jian  bought again 700 000 shares at 11.5 cents .. |
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Don't think that the Company secretary is  a very impt factor that will affect the stock prices.
If the CEO is buying back the shares that shows that He is confident that the company business is on the right track and it may be able to turn-around the company to be  profitable for the first half of 2012.
 
mooo000 ( Date: 08-Jun-2011 19:27) Posted:
sianzz at first want to average down. den the secretary pull stunt, come resign... nowonder xu jian come out buy shares, to stabilise ming xin.... |
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