csk1217
Expiry:
Target Price
$0.111
(+27.59%)
NOW:

$Imperium Crown(5HT)

First target price at $0.111 (recent high)

My personal analysis and opinion:-
1.) This week pull back to 0.086 due to share buyback mandate did not approved by new major shareholders at AGM, my personal view for this is actually show a good sign the new shareholders are mean business and not allow the management to use the company fund to support share price. Last two days panic selldown to shake out weak investors. Savvy investors would take this opportunity to accumulate at lower price now.
2.) After the recent disposal by the executive director. The CEO & the executive director had no more shareholding in the company. I treat this as a good signal for new major shareholders to push the price up. As there will be no more surprise selldown by the existing directors, since the current major shareholders are with higher cost at 0.125.
3.) Tested 0.086 at last few days and seem to be a good support at the moment.
4.) Based on recent announcement. The disposal of Japanese properties is expected to be completed on 20 Oct 2017 with proceed of approximately $38 million. $15 million will be paid for acquisition of GEM. The company will still holding $23 million in cash after the disposal. Further new acquisition or surprises could be on the pipeline :-)

The above just my personal view:-)

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Unethical, LiRen and Barwin01 like this.
Unethical :

should be headed back up soon

csk1217 :

Reply to @Barwin01 : Just my personal view. Not a buy call. Lets see how it goes in the next 3 months. :-)

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HuatBrother

9 OCT 2017 THE BULL IS A LITTLE TIRED BUT PENNY COUNTERS SEEMS TO TURN POSITIVE

Today, the ST Index up 0.27 points to close at 3,291.56 and the Trading Volume of Pennies in the Top Twenty Counters improve slightly. Penny counters occupied 14 of the Top Twenty Counters with 6 counters closing positive and the rest of the counters holding steady except for $Imperium Crown(5HT.SI) , which closed down by 5.49% at 0.086 and $AusGroup(5GJ.SI) , closed down by 26.08% at 0.34
Currently, the following penny counters are in the Top Twenty List $Magnus Energy(41S.SI) , $Rowsley^(A50.SI), $DISA(532.SI), $Accrelist(5RJ.SI) , $QT Vascular(5I0.SI), $KOP(5I1.SI) , $SinoCloud(5EK.SI) , $AusGroup(5GJ.SI) , $ASTI^(575.SI), $Artivision Tech(5NK.SI) , $Alliance Mineral(40F.SI) , $Imperium Crown(5HT.SI) , $Addvalue Tech(A31.SI) , $Loyz Energy(594.SI)

Today, we have one counter traded more than 100,000 lots, followed by 1 counter traded around 55,000 lots, 1 counter traded at around 45,000 lots, 5 counters traded at around 30,000 lots and the remaining counters trading in a range of 14,000 to 23,000 lots.
Penny counter’s performance today improved with more buying interest from traders. $Magnus Energy(41S.SI) continued to retain the Top Spot in the Top Twenty List with a trading volume of 244,971 lots to close at 0.002. $Rowsley^(A50.SI) retained the second spot with a trading volume of 55,926 lots to close at 0.133. $DISA(532.SI) claimed third spot with a trading volume of 46,229 lots to close at 0.014. Alliance Mineral was impressive in today’s trading and closed up 0.04 at 0.325 with a trading volume of 17,882 lots. $KOP(5I1.SI) also did well to close up 0.011 at 0.089 with a trading volume of 31,139 lots.
In today’s trading, $Rowsley^(A50.SI) and $DISA(532.SI) looks positive to climb higher as both closed with positive set up for tomorrow trading whereas $Moya Asia(5WE.SI) is still weak without much buying interest. Keep a look out for $DISA(532.SI) which has been releasing positive news lately and may just take off with any announcement of new products launch.

What can we expect to see in the market tomorrow???

Will the Penny Counters continue to trade higher or will the market pull back to drift lower???

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wendyteo
Expiry:
Target Price
$0.1
(+12.36%)
NOW:

$Imperium Crown(5HT.SI) Positive news akan datang - just my view :)

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HuatBrother

16 OCT 2017 THE WEAK BULL CONTINUED TO CHARGE BUT PENNY COUNTERS ARE LOSING MOMENTUM

Today, the ST Index up 6.69 points to close at 3,325.8 and the Trading Volume of Pennies in the Top Twenty Counters continue to shrink probably as a mark of respect to the 19 Oct 1987 Stock Market Crash. Penny counters occupied 16 of the Top Twenty Counters with 3 counters closing positive, 6 counters holding steady and the rest of the counters all in the red.

Currently, the following penny counters are in the Top Twenty List $Magnus Energy(41S.SI) , $Accrelist(5RJ.SI) , $Rowsley^(A50.SI), $QT Vascular(5I0.SI) , $Moya Asia(5WE.SI), $Alliance Mineral(40F.SI) , $DISA(532.SI) , $Loyz Energy(594.SI) , $Oceanus^(579.SI) ,
$Compact Metal^(T4E.SI) , $Sincap(5UN.SI) ,$Imperium Crown(5HT.SI) , $Jiutian Chemical(C8R.SI), $Dragon^(MT1.SI) , $Swee Hong(QF6.SI) ,
$BlackGoldNatural(41H.SI)

Today, no counter traded more than 100,000 lots only 1 counters traded around 83,000 lots, 5 counters traded around 40,000 to 50,000 lots and the remaining counters traded in a range of 13,000 to 26,000 lots.

Penny counter’s performance today was lackluster and dull with some traders taking profit while others stayed on the sideline and there was no buying interest to support the market. Taking top spot was $Magnus Energy(41S.SI) with a trading volume of 83,770 lots to close at 0.001. $Accrelist(5RJ.SI) came in second with a trading volume of 50,456 lots to close at 0.007, $Rowsley^(A50.SI) came in third with a trading volume of 45,176 lots to close flat at 0.138. $Alliance Mineral(40F.SI) was in play today traded up 0.035 to close at 0.40 with a trading volume of 26,669 lots. $Moya Asia(5WE.SI) continued to slide and closed at 0.103 with a trading volume of 40,416 lots. $DISA(532.SI) continued to trade in very tight range to close at 0.012 with a trading volume of 23,872 lots.

Today's market sentiment was probably dragged down by the following factors:
1) The surprise sell down of $Moya Asia(5WE.SI)
2) N Korean maybe launching a missile to coincide with the 19th National Congress of the Communist Party of China to be held in Beijing opening on 18 October 2017
3) The anniversary of the 19 Oct 1987 Stock Market Crash.
4) This is a short trading week with a public holiday on Wednesday

What can we expect to see in the market tomorrow???

Will the Penny Counters fight back to reclaim some lost ground or the Market pull back to drift lower or a Market Crash as many have expected???

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