Technics Oil ==> crashed to 12-13 cents and CEO and Chairman had to sell (why -- don't know). Share price then rebounded and rebounded. Now 19+ cents, as speculation is that Eversendai might do a GO. Eversendai has upped its stake at cheap prices recently and now comes close to 30% stake.
Chik wrote: Moya Holdings had less than 100,000 shares volume yesterday. Today, by 3 pm, already 7.4 million shares. Price unchanged at 3.3 cents. Something brewing.
It's the largest volume since late July 2015.
Just two months on, another vol spike in MOYA, now 40 million shares turnover... share price 3.9 cents!
Kapitan wrote: Forise is the new name for Great Group a mediocre biz. With a new strategic investor from China, u can expect a strong turnaround with new businesses injected. Just google Wang Xin, & u will learn he is a big gun in China finance industry. Now 1.9 cents only.
It has come alive today with 6.5 m shares traded. +0.2 cents. Time for Wang Xin to give clues about the new biz that Forise will foray into!
CHINA SUNSINE is a high quality business
and share price (36.5 cents) is under accumulation.
"It is also worth noting that Sunsine has deleveraged its balance sheet significantly over FY15 and looks set to achieve zero debt this year. We also continue to see Sunsine as a potential takeover/privatization candidate given its persistently low valuation and strong fundamentals. Our TP of S$0.54 is now pegged at 8x FY16F P/E."
