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AdvSCT 'alive' again!!
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dragonn
Veteran |
11-Sep-2014 09:52
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:) Yeah thats what I meant by 2015, we should be able to see some improvement on first half, else risky le
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WanSiTong
Supreme |
11-Sep-2014 09:45
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The Board of Directors (the &ldquo Board&rdquo ) of Advance SCT Limited (the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ) refers to its announcement 00007 on 24 December 2013 and wishes to announce that its associate company, Everglory Cooling Systems Pte. Ltd. (&ldquo ECS&rdquo ) has incorporated a wholly-owned subsidiary Everglory Radiators (Shenyang) Co., Ltd. (&ldquo ERS&rdquo ) in Shenyang, the capital city of Liaoning province, China. ERS will manufacture a new-tech radiator in a leased facility located in the Free Trade Zone (&ldquo FTZ&rdquo ) of the Hunnan district of Shenyang. The Company has moved from recycling to manufacturing, and aims to become a leading world player in copper-based industrial products. As part of that strategy and through its investment in ECS, it will develop and build a new product with the assistance of a renowned German-Swedish company in a technological collaboration. Using a new material and state-of-the-art metal processing knowhow, ERS will produce heat exchangers such as the CuproBraze core as shown in the picture below. The new product aims to replace conventional radiators in power generators and heavy vehicles as it is lighter and smaller, yet stronger and more efficient in heat dissipation. ECS has prototyped limited units of the new-tech CuproBraze radiators in joint efforts with leading power generator manufacturers in the US over the past two years. These new radiators have gained acceptance among the customers. The new factory in Shenyang will begin production in early 2015. It will be the manufacturing base of the CuproBraze radiator, a key component that will be exported to the world&rsquo s major power generator companies in the United States, Europe, Japan and other parts of Asia. The geographical proximity of ERS to the three north-eastern provinces of China also makes it easier for penetration to this traditional heavy industry region in the country. The incorporation of ERS is funded by internal resources and is not expected to have a material impact on the earnings and net tangible asset per share of the Group for the financial year ending  31 December 2014. The Group expects the radiator business to contribute to its revenue and profit in the financial year ending 31 December 2015. The Company will make the necessary disclosures as and when there are material developments.   |
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dragonn
Veteran |
10-Sep-2014 21:12
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Few more months to see the results, expected to export in year 2015
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seanpent
Supreme |
10-Sep-2014 12:35
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latest announcement on  9 Sep 2014  ..... " The company has moved from recylcing to manufacturing and aims to become  a leading world player in copper-based industrial products" |
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seanpent
Supreme |
05-Sep-2014 11:25
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think it' s good that it has  move towards a  manufacturing base now ... a " brick and mortar" and simple  to understand type  of business ...  
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dragonn
Veteran |
05-Sep-2014 11:18
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The lowest ive seen is .001 and that was like less than $10000 worth of trade.
The biggest queue ive seen on 0.002 but all is gone in less than a day. i believe takeover or merger with zhang bao an is a possiblility cause he added $500k sgd to hold advance sct at 5% discount of 0.002
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seanpent
Supreme |
05-Sep-2014 10:55
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thanks bro ... interesting if anyone notice the 0.003 sell queues of 300++ millions remained the same for many weeks already ...  if they really need to sell, will it be hanging there for so long ?  hmmm ... if it is not intentional obstruction at 0.003 to collect at 0.002, then what will that be ?  what' s your view, bro dragonn ? anyway, it' s probably an opportunity to tap on their road block to gather some at 0.002 ...
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dragonn
Veteran |
04-Sep-2014 20:48
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Zhang Baoan is Fort Canning director.     CHANGES TO THE COMPOSITION OF THE BOARD AND BOARD COMMITTEES The Board of Directors (the &ldquo Board&rdquo or the &ldquo Directors&rdquo ) of Advance SCT Limited (the &ldquo Company&rdquo ) wishes to announce the following changes to the composition of the Board and the Company&rsquo s various Board Committees with effect from 1 September 2014: 1. APPOINTMENT OF NON-EXECUTIVE, NON-INDEPENDENT DIRECTOR Mr Zhang Baoan has been appointed as a Director, including as a member of Nominating Committee. The details and declaration of Mr Zhang as required under Rule 704(7) of the Listing Manual of the Singapore Exchange Securities Trading Limited (&ldquo SGX-ST&rdquo ) are contained in a separate announcement. Consequent to the above changes, the composition of the Board is as follows:- Name of Director Designation Simon Eng Executive Director and Chairman Song Tang Yih Executive Director and President Zhang Baoan Non-Executive Director and Vice Chairman Chay Yiowmin Independent Director and AC Chairman Lee Suan Hiang Independent Director and NC Chairman Attlee Hue Kuan Yew Independent Director and RC Chairman       No. of voting shares/units held and/or underlying the rights/options/warrants/ convertible debentures: 1,348,495,104 0 1,348,495,104 As a percentage of total no. of voting shares/units: 10.75 0 10.75  
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yummygd
Supreme |
03-Sep-2014 11:59
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Bought more at 2 hope next report also earning positive | ||||
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seanpent
Supreme |
03-Sep-2014 11:24
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bro ..... do you know Fort Canning (Asia) Pte Ltd ?
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WanSiTong
Supreme |
14-Aug-2014 22:02
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NAV as at 30.6.14 : 0.03 c NAV = net asset / no.of issued shares  
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dragonn
Veteran |
14-Aug-2014 21:50
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Another thing is This is the nav 4 months back at -0.003 negative now the nav is positive already.
I havent do calculations yet for the nav any experts can count and teach?
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dragonn
Veteran |
14-Aug-2014 21:01
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Anyways they are doing something about it, Disposed a lost making company mainly attributed to this profit.   Also the 1.5 mil is made through the disposed sales. The actual profit is 700k, just wait 3 - 6 months and another results will cause another push
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yuyuyu
Senior |
14-Aug-2014 14:56
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Now 0.002 also hard to get
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dragonn
Veteran |
14-Aug-2014 14:41
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Guess no chance for now haha
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yummygd
Supreme |
14-Aug-2014 10:11
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Good job adv sct! | ||||
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kelvinleow79
Senior |
14-Aug-2014 09:49
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Might be a good chance to avg down?
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shuncheng
Senior |
14-Aug-2014 09:28
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remember I bought it at 0.012... drop to 0.002. So will it back up to 0.012.... need investor to invest :) |
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seanpent
Supreme |
14-Aug-2014 09:26
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Congrats, bro and everyone  ..... Just a little thought ..... -  How many micro pennies are actually making money ?  (and Advsct is now in the money ... ) - What' s the price of some of those micro pennies ?  (and Advsct is  at $0.002 ... ) - e.g. a little comparison with another profit making penny ..... how much is Polaris'   profit and what is Polaris' share price ?  (and how much is Advsct' s profit and what is Advsct' s share price ?) will it be a  matter of time that Advsct will gradually adjust it' s price accordingly ?
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dragonn
Veteran |
14-Aug-2014 09:01
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Congrats everyone, now those with me for the past 2 months we huat liao
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