| Latest Forum Topics / Jubilee Ind |
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PROFITABLE 1H18??????????SO HOW?
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noobnub
Supreme |
30-Jul-2021 09:06
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shorted small 75 try my luck | ||
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PhillipTan
Supreme |
28-Jul-2021 23:08
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Jubilee Industries share placement comes as cash balances are almost entirely earmarked, company says after SGX queriesCatalist-listed Jubilee Industries Holdings plans to use proceeds from a proposed S$3 million fund-raising exercise for working capital, the company reiterated on Wednesday, after questions from the bourse operator.But the electronics solutions provider could not state exactly how the net proceeds would be allocated across its mechanical business unit and electronics business unit operations, citing both the recency of the revenue recovery in these segments, as well as their recent diversification into new markets. " It is therefore the case that the group would still need to monitor the trends and to thereafter assess the precise allocations that it should or has to make for each working capital needs for each segment," Jubilee said. Still, it cited production ramp-ups securing more inventory or investments in new equipment or higher-margin products as some potential uses. Jubilee expects that it would need a strong capital base to accomplish such activities " in order to remain competitive" , it said in a bourse filing. The Singapore Exchange (SGX) had asked Jubilee to elaborate on how it would use the proceeds, after its announcement on July 24 that it had agreed to place out new shares and warrants to seven individuals. While the SGX noted that the group had cash balances of S$7.7 million as at March 31, Jubilee said almost all of that has been earmarked for specific uses, such as payments for materials and machines, or to secure banking facilities. Just S$300,000 has been set aside for general working capital, it added. Separately, the unrelated third party who introduced the seven placees had earlier been introduced to the company " through a common acquaintance" , according to Jubilee' s statement. That' s as the SGX asked how the company got to know introducer Lye Won Fui, who will be paid 3 per cent for each placement share - that is, 900,000 shares at S$45,000. Jubilee called the introducer fee " in line with prevailing market rates and practices" for such a transaction, and added that it was on commercial terms reached at arm' s length. The proposed placement will be done at an issue price of five Singapore cents a share, or a discount of about 5.7 per cent to the volume-weighted average price on July 19. Jubilee closed up by 0.1 cent, or 1.47 per cent, at 6.9 cents on Wednesday.   |
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PhillipTan
Supreme |
28-Jul-2021 23:06
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64.946%
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ComeHuat
Member |
26-Jul-2021 12:30
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If I m not wrong, Accrelist holds 65.82% shares in Jubilee. | ||
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Stocksguru
Master |
26-Jul-2021 11:52
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seen lke run up with  Accrelist | ||
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PhillipTan
Supreme |
26-Jul-2021 01:13
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This counter looks like it is an abandoned child lol | ||
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PhillipTan
Supreme |
26-Jul-2021 01:11
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Jubilee Industries to raise up to S$3m in proposed placement, warrant issueJubilee Industries Holdings has entered conditional placement letters with seven individuals to raise up to S$3 million via the issue of shares and warrants, the Catalist-listed company announced on Saturday.The seven placees will subscribe to 30 million shares of Jubilee at S$0.05 each, a 5.66 per cent discount to the counter' s volume weighted average price on July 19. In addition, Jubilee will issue 30 million warrants to the placees, each at an exercise price of S$0.05. The placees are: Levin Lee Keng Weng Koh Leena Marie Ng Eng Tiong Ng Chuen Guan Chew Leok Chuan Ong Eric and Lee Bee Seng. Mr Ng Chuen Guan will be subscribing to 14 million placement shares, the largest portion among the placees. Jubilee intends to use all the net proceeds for general working capital purposes. Its chief executive Terence Tea said that the placement will " strengthen the group' s financial position and enable Jubilee to capitalise on growth opportunities as demand picks up in line with the global recovery from Covid-19" . Shares of Jubilee closed at S$0.049 on Friday.   |
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gravity8888
Supreme |
01-Aug-2019 09:41
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Nobody in? | ||
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gravity8888
Supreme |
01-Aug-2019 09:30
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Today ur turn | ||
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gravity8888
Supreme |
29-Jul-2019 16:11
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In at 26 | ||
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gravity8888
Supreme |
29-Jul-2019 09:45
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Hahah anyway I try abit at this counter | ||
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Starship
Supreme |
29-Jul-2019 09:36
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Shortie pretending to be Longist rating my gif not useful again....... ![]() ![]() ![]()
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Battle123
Elite |
28-Jul-2019 10:44
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The recent result not bad leh
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gravity8888
Supreme |
28-Jul-2019 10:26
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Like that huh. Alot of clown counters liao le | ||
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Starship
Supreme |
28-Jul-2019 10:04
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What a Clown Stock.  Keeps giving out Wrt & Rts but share price keep crashing underground below those prices........... ![]() ![]() ![]()
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Newbeginner
Veteran |
28-Jul-2019 09:54
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Can buy small small to keep | ||
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Battle123
Elite |
27-Jul-2019 23:10
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Hi how the latest updates
Price getting cheaper Can buy |
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Sgvale
Supreme |
25-Jul-2019 15:49
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Gg up 33?
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yamseng
Supreme |
25-Feb-2016 09:41
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hope the 5-days moving average at 31 can hold | ||
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gravity8888
Supreme |
25-Jul-2019 08:56
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Playing this today? | ||
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