ZIWO

long time no see this stock in action. Just realised it has been creeping up quietly from 25 cents to 29 cents currently. Friend likes this stock - cos bullet proof vests is a big potential for its business, altho the rest of it seems so-so . What do you think people?

Recovery in stock price may be due to upcoming 3Q results, which could be positive.
I believe they had production capacity expansion earlier this year. Will that mean higher revenue going forward??
anyone knows how their bullet proof vests business is doing? No news so far.

Oh the run-up was due to upcoming announcement on TDR listing....

announced on Sunday sept 12 while everyone was on holiday ....

PROPOSED SUBMISSION OF APPLICATION OF ADMISSION TO TRADING ON THE TAIWAN STOCK EXCHANGE (“TSE”) OF TAIWAN DEPOSITORY RECEIPTS (“TDR”)  

OMG, just saw again my previous posting - Ziwo was 29 cents back then.
Now, it's 38.5 cents, becos of strong 3Q results & upcoming TDR.
CIMB target price is 43 cents, fyi.

Last night, it announced its submission to Taiwan stock exch for TDR listing.

Not too sure what this company's products are. Anyone understands the foamed this and foamed that? what's 30D terylen filament yarn?

2.4 m shares done by 4 pm today. Big volume done in afternoon. Any news?

Seems like a good business since its products are meeting domestic demand and competing with foreign imports which are high-priced.


Stock is at 5X historical PE and there is a TDR listing coming. Maybe the underwriter will push up the stock price?????