Sitra

Whooooo is Ma Ong Kee? Wah, Silky, your info sources are very good. But how do we know your info is correct? No announcement fr Sitra yet.

There will not be any announcement because it has not cross threshold level of significant 5% shareholdings. Look at yesterday telltale signs 30+mil shares transacted with a 7500lots married deal at 20cent and immediately 800lots buy up at 22cent. The TA gap has been covered today excellently by the big boys using 1 lotter to cover 20cent and 20.5cent. Watch the trading pattern the next few days to see whether share price will increase with volume or not. I do not wish to give target price but the next few days will see action..Goodluck if you intend to invest. I am looking at 100% return. Ma Ong Kee you do not know? Go to Kim Eng and asked them who is their biggest client. Normally the stocks that he touch will turn into GOLD.

Financial Highlights(mil SGD) 1H09 1H08 1H07 Revenue 23.1 27.5 33.8 Gross Profit 3.96 4.23 3.6 Nett Profit 0.47 0.36 1.2 Gross Margin 17.1% 15.4% 10.6% FY09 FY08 FY07 Revenue 47* 53.7 55.5 Gross Profit 7.8* 8.16 7.26 Nett Profit 1* (2. 1 FY08 losses due to one time impairment charge of 2.9mil that is why overall losses Gross Margin 16%* 15.4% 10.6% * denotes projected earnings Full year 09 results will be announced on 26th Feb 2010 Sitra should turnaround with lower revenue due to recession but profits of 1mil from losses of 2.8mil With Mr Ma inside now as invisible shareholders and 26th Feb 2010 announcement of FY09 turnaround results, this company share price will rise significantly.

Legendary SAGE Advanced Crystal Ball Reading :kiss: I will follow you Silky wrote:

Financial Highlights(mil SGD) 1H09 1H08 1H07 Revenue 23.1 27.5 33.8 Gross Profit 3.96 4.23 3.6 Nett Profit 0.47 0.36 1.2 Gross Margin 17.1% 15.4% 10.6% FY09 FY08 FY07 Revenue 47* 53.7 55.5 Gross Profit 7.8* 8.16 7.26 Nett Profit 1* (2. 1 FY08 losses due to one time impairment charge of 2.9mil that is why overall losses Gross Margin 16%* 15.4% 10.6% * denotes projected earnings Full year 09 results will be announced on 26th Feb 2010 Sitra should turnaround with lower revenue due to recession but profits of 1mil from losses of 2.8mil With Mr Ma inside now as invisible shareholders and 26th Feb 2010 announcement of FY09 turnaround results, this company share price will rise significantly.

Just lOOked at market depth on 1st, 2nd, 3rd, there was only one day of real action on 2nd Feb. Both day before yesterday and today are relatively quiet.

Silky, those financial figures you posted - are they from some analyst report? Didnt know Sitra has coverage. Or where else can they be from? Please shed light on this. This counter has risen nicely on high volume, which is a strong sign of accumulation in the past few wks.