NGSC   

Make High Margins Only this Counter BAJOO!

Yes, I have a strong feeling the primary owners are working hard to clean up the balance sheet and taking the company off SGX's watch-list.  I expect this to happen soon given the various releases I had gone through in detail.  When it does happen, it will not surprise me if this goes up a few cents over a few days.  Keep a close watch on this. 

gamblingden      ( Date: 18-Jul-2010 12:00) Posted: watch out for this uncle joo. could be the next isdn............ underdog2006      ( Date: 18-Jul-2010 01:16) Posted: In short, share re-purchasing scheme and reducion in float with the expected outcome of perhaps raising prices towards their higher fair value. This will be interesting to watch and the current price of 3.5 - 4 cents could be the base towards much higher prices particularly as they most likely get off the watch list in the months ahead.  Telecoms business taking off ...

 

No, I mean price will reach Sgd. 0.02 or even lower!

wishbone      ( Date: 28-Jun-2010 14:45) Posted: Yes, perhaps it is going to go up by $0.020 very very soon. Hehe. If you missed the boat, don't cry babe.

 

watch out for this uncle joo. could be the next isdn............

underdog2006      ( Date: 18-Jul-2010 01:16) Posted: In short, share re-purchasing scheme and reducion in float with the expected outcome of perhaps raising prices towards their higher fair value. This will be interesting to watch and the current price of 3.5 - 4 cents could be the base towards much higher prices particularly as they most likely get off the watch list in the months ahead.  Telecoms business taking off ...

 

In short, share re-purchasing scheme and reducion in float with the expected outcome of perhaps raising prices towards their higher fair value. This will be interesting to watch and the current price of 3.5 - 4 cents could be the base towards much higher prices particularly as they most likely get off the watch list in the months ahead.  Telecoms business taking off ...

 

Hi. Anyone can enlighten me with the Circular sent out by Ban-Joo on 13 Jul...relating to:-

a) Proposed assignment of a/c Receiveables by BJ Global to BJ Investment...

b) Proposed Share purchase mandate

c) Adoption of BJ Performance Share Scheme and

d) Proposed participation by the controlling shareholders and their associates in the proposed BJ performance share scheme..

too deep to understand them... Please help.

 

 

Who is "giah izzit? So impolite way of asking question!

niuyear      ( Date: 28-Jun-2010 15:24) Posted: this counter belong to 印尼 giah izzit?

 

this counter belong to 印尼 giah izzit?

 

Well, time will tell. Good luck.

wishbone      ( Date: 28-Jun-2010 14:45) Posted: Yes, perhaps it is going to go up by $0.020 very very soon. Hehe. If you missed the boat, don't cry babe.

 

Yes, perhaps it is going to go up by $0.020 very very soon. Hehe.

If you missed the boat, don't cry babe.

 

 

 

It starts moving to Sgd. 0.02 soon!

wishbone      ( Date: 25-Jun-2010 14:05) Posted: Whatever, once it started to move it will continue like in the past. Sit back and enjoy the ride.

 

Whatever, once it started to move it will continue like in the past. Sit back and enjoy the ride.

 

 

Surge in trading volume but down in price . . . .  What is that for?

rayyeo      ( Date: 24-Jun-2010 10:55) Posted: Wow... look at the sudden surge in volume....

 

Wow... look at the sudden surge in volume....

 

Are you kidding me?  And you think the company stood a better chance as a commoditized textile plays against the likes of low-cost production houses in Pakistan and China!

The RTO through a telecoms play setup with a government backed USO commitment for base station infrastructure built-up that generates recurring income is as good as it could ever get for this one-time dog.

If the turn-around strategy works, this could be a multi-bagger in the making at current prices! 

Hulumas      ( Date: 01-Jun-2010 17:59) Posted: Changing of it new business line drastically unrelated to previous business prospect keep worrying to me! The financial growth will not be sustainable perhaps! rayyeo      ( Date: 28-May-2010 12:29) Posted: After four consecutive financial years of losses, Ban Joo says it has finally achieved a turnaround in net profit of $3 million for the 18 months ended 31 March 2010 (FP2010), compared to a net loss of $28 million in the previous corresponding period, although revenue declined 37% to $12.2 million from $19.4 million. The turnaround was mainly due to an $18.9 million reduction in impairment loss on trade receivables, a $3 million decline in interest expenses, and a $4.9 million reversal of surplus interest expense accrued in prior years following a full settlement of bank borrowings. In a bid to turn itself around, Ban Joo recently acquired Multi Skies Nusantra (MSN), a company which builds, operates and leases base station controllers for universal service obligation (USO) sites. Powered by solar cells, these USO sites will make telephony services and infocomm technology access services available to remote villages in Indonesia, bypassing limited infrastructure. Via MSN, Ban Joo will be involved in the building of some 4,700 USO sites in various Indonesia provinces, and will receive a monthly fee for each site that it builds and operates. So far, more than 1,000 of these sites have been completed. MSN is expected to be a new profitable core business, and provide the group with steady income upon installation of the USO sites. The company says it has also struck a deal with major shareholder Ban Joo Investment (Pte) Ltd to dispose of a subsidiary’s trade receivables for $16.2 million. It has since received $7 million as deposit, and will convene an extraordinary general meeting for shareholders to approve the transaction. Upon completion of the disposal, Ban Joo will recognise a gain of $14.4 million in its 31 March 2010 financial accounts. Accordingly, its net profit for the financial period will be further boosted to $17.4 million. The company is reporting results for an 18-month period following an approval from the Singapore Exchange for a change in its financial year-end from 30 September to 31 March.

 

Changing of it new business line drastically unrelated to previous business prospect keep worrying to me! The financial growth will not be sustainable perhaps!

rayyeo      ( Date: 28-May-2010 12:29) Posted: After four consecutive financial years of losses, Ban Joo says it has finally achieved a turnaround in net profit of $3 million for the 18 months ended 31 March 2010 (FP2010), compared to a net loss of $28 million in the previous corresponding period, although revenue declined 37% to $12.2 million from $19.4 million. The turnaround was mainly due to an $18.9 million reduction in impairment loss on trade receivables, a $3 million decline in interest expenses, and a $4.9 million reversal of surplus interest expense accrued in prior years following a full settlement of bank borrowings. In a bid to turn itself around, Ban Joo recently acquired Multi Skies Nusantra (MSN), a company which builds, operates and leases base station controllers for universal service obligation (USO) sites. Powered by solar cells, these USO sites will make telephony services and infocomm technology access services available to remote villages in Indonesia, bypassing limited infrastructure. Via MSN, Ban Joo will be involved in the building of some 4,700 USO sites in various Indonesia provinces, and will receive a monthly fee for each site that it builds and operates. So far, more than 1,000 of these sites have been completed. MSN is expected to be a new profitable core business, and provide the group with steady income upon installation of the USO sites. The company says it has also struck a deal with major shareholder Ban Joo Investment (Pte) Ltd to dispose of a subsidiary’s trade receivables for $16.2 million. It has since received $7 million as deposit, and will convene an extraordinary general meeting for shareholders to approve the transaction. Upon completion of the disposal, Ban Joo will recognise a gain of $14.4 million in its 31 March 2010 financial accounts. Accordingly, its net profit for the financial period will be further boosted to $17.4 million. The company is reporting results for an 18-month period following an approval from the Singapore Exchange for a change in its financial year-end from 30 September to 31 March.

 

Beware of big volume trading trap?

rayyeo      ( Date: 31-May-2010 15:26) Posted: Volume quite high hor.....

 

Volume quite high hor.....

 

Awaiting for further correction to Sgd. 0.015 perhaps!

rayyeo      ( Date: 28-Apr-2010 17:43) Posted: still buey jalan sia?

 

After four consecutive financial years of losses, Ban Joo says it has finally achieved a turnaround in net profit of $3 million for the 18 months ended 31 March 2010 (FP2010), compared to a net loss of $28 million in the previous corresponding period, although revenue declined 37% to $12.2 million from $19.4 million. The turnaround was mainly due to an $18.9 million reduction in impairment loss on trade receivables, a $3 million decline in interest expenses, and a $4.9 million reversal of surplus interest expense accrued in prior years following a full settlement of bank borrowings. In a bid to turn itself around, Ban Joo recently acquired Multi Skies Nusantra (MSN), a company which builds, operates and leases base station controllers for universal service obligation (USO) sites. Powered by solar cells, these USO sites will make telephony services and infocomm technology access services available to remote villages in Indonesia, bypassing limited infrastructure. Via MSN, Ban Joo will be involved in the building of some 4,700 USO sites in various Indonesia provinces, and will receive a monthly fee for each site that it builds and operates. So far, more than 1,000 of these sites have been completed. MSN is expected to be a new profitable core business, and provide the group with steady income upon installation of the USO sites. The company says it has also struck a deal with major shareholder Ban Joo Investment (Pte) Ltd to dispose of a subsidiary’s trade receivables for $16.2 million. It has since received $7 million as deposit, and will convene an extraordinary general meeting for shareholders to approve the transaction. Upon completion of the disposal, Ban Joo will recognise a gain of $14.4 million in its 31 March 2010 financial accounts. Accordingly, its net profit for the financial period will be further boosted to $17.4 million. The company is reporting results for an 18-month period following an approval from the Singapore Exchange for a change in its financial year-end from 30 September to 31 March.

 

My ideal buying price of Sgd. 0.03 is near!

rayyeo      ( Date: 28-Apr-2010 17:43) Posted: still buey jalan sia?