KimHeng Offshore

Big volume trading today. Perhaps the company is about to announce an acquisition of a company.
Looking good anyway.

Hit 29.5 cents recently, then suddenly big sell off, probably pump and dump. Don't look good especially KimHeng just issued a profit guidance on 01 August 2014. Likely to go below 24 cents soon! Trade with care!

Wow! Hit 23.5 cents already. Came faster than expected.

Seems like stable at 24 cents but I think it might go below 24 cents again on this Friday. Wait for weak holders to sell.

CLosed at 23.5 cents. One day earlier than I expected.

Looking at Time and sales as well as market depth, don't look good, might retest 22.5 cents (KimHeng lowest price since IPO).

FairPerson wrote: Seems like stable at 24 cents but I think it might go below 24 cents again on this Friday. Wait for weak holders to sell.

Today's market depth buy queue quite "strange":

More than 3,800 lots queue to buy at 0.230

but the rest all very low (less than 1000 lots).

Could be some BB queue to support share price.

If 23 cents selling starts, this buy queue could disappear fast.