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PhillipTan Supreme	18-Aug-2021 02:27        PhillipTan About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Shares in Addvalue plunge over 40% prompting SGX query The Singapore Exchange Regulation (SGX RegCo) has issued a query to Addvalue Technologies after shares in the company plunged some 46.2% to 0.7 cent as at 9.38am from the previous day' s close of 1.3 cents. The 0.7-cent mark also represents a 52-week low. Shares in Addvalue Tech were also the top traded counter on the SGX with 64.6 million changed hands as at 11.52am. On Aug 16, some 40.4 million shares in the company changed hands as well. For context, shares in Yangzijiang (YZJ) has some 34.9 million shares changed hands as at 11.52am, making it the second-most traded counter on the SGX on Aug 17. The share price movement in the company has been volatile since its near-immediate drop to 1.2 cents when the markets opened on the morning of Aug 17. Shares rose slightly to 0.9 cent at 9.52am, before seeing another slight trough at 0.8 cent at 10.34am. In its query at 10.05am, the SGX RegCo has asked Addvalue Tech if it was aware of any unannounced information that may have explained the " unusual volume movements" . The regulator has requested that Addvalue Tech reveal any such information " immediately" if so. In addition, SGX RegCo has asked Addvalue Tech to confirm its compliance to the Mainboard-listing rules. As at 11.55am, shares in Addvalue Tech are trading 0.4 cent lower or 30.8% down at 0.9 cent.
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Lugi71 Veteran	18-Aug-2021 01:24        Lugi71 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Should the shares rebound even a little bit tomorrow, last chance for those who are stuck to get out. TA_Expert      ( Date: 18-Aug-2021 01:21) Posted: --- Post Removed by User ---
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QueenMaya Senior	17-Aug-2021 23:49        QueenMaya About Contact  Quote this Post!
x 0   x 0  Alert Admin	There was this China deal many years back that valued the stock at some 20 odd cents. And where is that deal till today? n3wbie      ( Date: 17-Aug-2021 21:06) Posted: For those who had followed this stock over the years, the company has come out to market on numerous occasions with " interesting" and/or " exciting" news flow then we all know what happens after - the chart says it all. Lugi71      ( Date: 17-Aug-2021 19:49) Posted: Not sure anout the rebound but nothing has changed. Same story telling. Likely heavily discounted rights and then more time will be requested from the so called funder (likely an individual or individuals) to transfer the money. Then likely due to some complications or they liked to blame it n Covid, the funds didnt go through again. Let' s see.
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n3wbie Elite	17-Aug-2021 21:06        n3wbie About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	For those who had followed this stock over the years, the company has come out to market on numerous occasions with " interesting" and/or " exciting" news flow then we all know what happens after - the chart says it all. Lugi71      ( Date: 17-Aug-2021 19:49) Posted: Not sure anout the rebound but nothing has changed. Same story telling. Likely heavily discounted rights and then more time will be requested from the so called funder (likely an individual or individuals) to transfer the money. Then likely due to some complications or they liked to blame it n Covid, the funds didnt go through again. Let' s see.    SmallSmall      ( Date: 17-Aug-2021 19:29) Posted: Big rebound tomorrow.   Question 1: Are you (the issuer) aware of any information not previously announced concerning you, your subsidiaries or associated companies which, if known, might explain the trading? Such information may include events that are potentially material and price-sensitive, such as discussions and negotiations that may lead to joint ventures, mergers, acquisitions or purchase or sale of a significant asset. You may refer to paragraph 8 in Appendix 7.1 of the Mainboard Rules for further examples. &ndash If yes, the information shall be announced immediately. Company&rsquo s reply: The Group, being a people oriented and technology-based (rather than a tangible asset- based) company, is acutely aware that the intrinsic values of its intangibles have not been for some time and are not meaningfully reflected in the trading prices of the shares of the Company. Accordingly, the Company is constantly on a lookout for possible new avenues to enhance shareholder value including but not limited to exploring potential new businesses, joint ventures, mergers, acquisitions, purchase or sales of assets (the " Potential Ventures" ). From time to time and currently, the Company is in discussions with potential suitors/partners to explore one or more Potential Ventures with a view to unlock the potential value that is presently embedded within the Group. However, the Company would like to note that such discussions are at exploratory and at various preliminary stages with no certainty that the Company will proceed with any of them. More details about such Potential Ventures or any of them will be announced by the Company as and when there is any material development.     Question 2: Are you aware of any other possible explanation for the trading? Such information may include public circulation of information by rumours or reports. Company&rsquo s reply: Whilst the Company is not aware of any other possible explanation for the trading, the Company believes that the recent and prevailing adverse trading activities of the shares of the Company might be attributable to the market&rsquo s misguided perception that the funding arrangements mentioned in the Company&rsquo s announcements of 19 July 2021 and 7 August 2021 (the &ldquo Funding Arrangements&rdquo ) have not been successful and that the Company has run out of financing options to deal with its repayment obligations. The Company would like to clarify that, as the amount that the Company is negotiating for pursuant to the Funding Arrangements is significant, it has taken a while for the Company to negotiate and narrow down on the terms and conditions of the Funding Arrangements with the relevant funder (the &ldquo Funder&rdquo ), which appears to remain positive of the strengths and the long-term potentials of the Group throughout the tedious long negotiation process. The Company is working with the Funder to finalize the Funding Arrangements. Barring any complications, the Company is cautiously optimistic about sealing the Funding Arrangements shortly. Details of the Funding Arrangements will be announced by the Company upon the signing of all relevant governing documents.
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Lugi71 Veteran	17-Aug-2021 19:58        Lugi71 About Contact  Quote this Post!
x 0   x 0  Alert Admin	In the last saga with the potential investment from Middle East, they blame it that money was not cleared to transfer to them due to Covid. They kept saying that everything was positive but it didnt go through again. If there are any shareholders left, the next AGM would be fire. Heerbrugg      ( Date: 17-Aug-2021 19:42) Posted: "Barring any complications" - used to say that something will happen unless something else happens. Do deal with caution...
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Lugi71 Veteran	17-Aug-2021 19:49        Lugi71 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not sure anout the rebound but nothing has changed. Same story telling. Likely heavily discounted rights and then more time will be requested from the so called funder (likely an individual or individuals) to transfer the money. Then likely due to some complications or they liked to blame it n Covid, the funds didnt go through again. Let' s see.    SmallSmall      ( Date: 17-Aug-2021 19:29) Posted: Big rebound tomorrow.   Question 1: Are you (the issuer) aware of any information not previously announced concerning you, your subsidiaries or associated companies which, if known, might explain the trading? Such information may include events that are potentially material and price-sensitive, such as discussions and negotiations that may lead to joint ventures, mergers, acquisitions or purchase or sale of a significant asset. You may refer to paragraph 8 in Appendix 7.1 of the Mainboard Rules for further examples. &ndash If yes, the information shall be announced immediately. Company&rsquo s reply: The Group, being a people oriented and technology-based (rather than a tangible asset- based) company, is acutely aware that the intrinsic values of its intangibles have not been for some time and are not meaningfully reflected in the trading prices of the shares of the Company. Accordingly, the Company is constantly on a lookout for possible new avenues to enhance shareholder value including but not limited to exploring potential new businesses, joint ventures, mergers, acquisitions, purchase or sales of assets (the " Potential Ventures" ). From time to time and currently, the Company is in discussions with potential suitors/partners to explore one or more Potential Ventures with a view to unlock the potential value that is presently embedded within the Group. However, the Company would like to note that such discussions are at exploratory and at various preliminary stages with no certainty that the Company will proceed with any of them. More details about such Potential Ventures or any of them will be announced by the Company as and when there is any material development.     Question 2: Are you aware of any other possible explanation for the trading? Such information may include public circulation of information by rumours or reports. Company&rsquo s reply: Whilst the Company is not aware of any other possible explanation for the trading, the Company believes that the recent and prevailing adverse trading activities of the shares of the Company might be attributable to the market&rsquo s misguided perception that the funding arrangements mentioned in the Company&rsquo s announcements of 19 July 2021 and 7 August 2021 (the &ldquo Funding Arrangements&rdquo ) have not been successful and that the Company has run out of financing options to deal with its repayment obligations. The Company would like to clarify that, as the amount that the Company is negotiating for pursuant to the Funding Arrangements is significant, it has taken a while for the Company to negotiate and narrow down on the terms and conditions of the Funding Arrangements with the relevant funder (the &ldquo Funder&rdquo ), which appears to remain positive of the strengths and the long-term potentials of the Group throughout the tedious long negotiation process. The Company is working with the Funder to finalize the Funding Arrangements. Barring any complications, the Company is cautiously optimistic about sealing the Funding Arrangements shortly. Details of the Funding Arrangements will be announced by the Company upon the signing of all relevant governing documents.
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Heerbrugg Veteran	17-Aug-2021 19:42        Heerbrugg About Contact  Quote this Post!
x 0   x 0  Alert Admin	"Barring any complications" - used to say that something will happen unless something else happens. Do deal with caution...
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SmallSmall Supreme	17-Aug-2021 19:29        SmallSmall About Contact  Quote this Post!
x 0   x 0  Alert Admin	Big rebound tomorrow.   Question 1: Are you (the issuer) aware of any information not previously announced concerning you, your subsidiaries or associated companies which, if known, might explain the trading? Such information may include events that are potentially material and price-sensitive, such as discussions and negotiations that may lead to joint ventures, mergers, acquisitions or purchase or sale of a significant asset. You may refer to paragraph 8 in Appendix 7.1 of the Mainboard Rules for further examples. &ndash If yes, the information shall be announced immediately. Company&rsquo s reply: The Group, being a people oriented and technology-based (rather than a tangible asset- based) company, is acutely aware that the intrinsic values of its intangibles have not been for some time and are not meaningfully reflected in the trading prices of the shares of the Company. Accordingly, the Company is constantly on a lookout for possible new avenues to enhance shareholder value including but not limited to exploring potential new businesses, joint ventures, mergers, acquisitions, purchase or sales of assets (the " Potential Ventures" ). From time to time and currently, the Company is in discussions with potential suitors/partners to explore one or more Potential Ventures with a view to unlock the potential value that is presently embedded within the Group. However, the Company would like to note that such discussions are at exploratory and at various preliminary stages with no certainty that the Company will proceed with any of them. More details about such Potential Ventures or any of them will be announced by the Company as and when there is any material development.     Question 2: Are you aware of any other possible explanation for the trading? Such information may include public circulation of information by rumours or reports. Company&rsquo s reply: Whilst the Company is not aware of any other possible explanation for the trading, the Company believes that the recent and prevailing adverse trading activities of the shares of the Company might be attributable to the market&rsquo s misguided perception that the funding arrangements mentioned in the Company&rsquo s announcements of 19 July 2021 and 7 August 2021 (the &ldquo Funding Arrangements&rdquo ) have not been successful and that the Company has run out of financing options to deal with its repayment obligations. The Company would like to clarify that, as the amount that the Company is negotiating for pursuant to the Funding Arrangements is significant, it has taken a while for the Company to negotiate and narrow down on the terms and conditions of the Funding Arrangements with the relevant funder (the &ldquo Funder&rdquo ), which appears to remain positive of the strengths and the long-term potentials of the Group throughout the tedious long negotiation process. The Company is working with the Funder to finalize the Funding Arrangements. Barring any complications, the Company is cautiously optimistic about sealing the Funding Arrangements shortly. Details of the Funding Arrangements will be announced by the Company upon the signing of all relevant governing documents.
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Lugi71 Veteran	17-Aug-2021 16:27        Lugi71 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not sure whether really due to shortists or insiders run road... i suppose yesterday was insiders and today shortists
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vivacious Supreme	17-Aug-2021 14:57        vivacious About Contact  Quote this Post!
x 0   x 0  Alert Admin	safer to enter at 0.007/0.008 levels...now might be risky
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Heerbrugg Veteran	17-Aug-2021 14:51        Heerbrugg About Contact  Quote this Post!
x 0   x 0  Alert Admin	i doubt so. If those already profit just clear position. We won' t know when it will call a halt follow by suspend. It good to get some kopi $$ first and stay by side. MakeChanges      ( Date: 17-Aug-2021 14:31) Posted: High chances that all the shortists will cover back at about 3.30pm onwards. Price likely to shoot up.
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MakeChanges Elite	17-Aug-2021 14:31        MakeChanges About Contact  Quote this Post! Style: Flexible   Mood: Yells: "No price is too low for a bear or too high for a bull"
x 0   x 0  Alert Admin	High chances that all the shortists will cover back at about 3.30pm onwards. Price likely to shoot up.
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GoodLearner Senior	17-Aug-2021 14:21        GoodLearner About Contact  Quote this Post!
x 0   x 0  Alert Admin	singapore market is controlled by those who can keep shorting in the day and then buying back end of the day.
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kvyang Veteran	17-Aug-2021 14:15        kvyang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wah bro 100% accurate SmallSmall      ( Date: 17-Aug-2021 11:11) Posted: Got queried. Likely to say unaware and then some shorts will probably cover back their positions for a small rebound back to $0.011. No denying ther was a block of sellers like in some other stocks because of the weak shaky market.
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GoodLearner Senior	17-Aug-2021 14:14        GoodLearner About Contact  Quote this Post!
x 0   x 0  Alert Admin	many rumours around
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SmallSmall Supreme	17-Aug-2021 14:08        SmallSmall About Contact  Quote this Post!
x 0   x 0  Alert Admin	Short covering in progress
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Heerbrugg Veteran	17-Aug-2021 14:06        Heerbrugg About Contact  Quote this Post!
x 0   x 0  Alert Admin	Good to take profit first and exit. Too many uncertainty, better don' t hold first till news come out. Cheer!
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Heerbrugg Veteran	17-Aug-2021 13:35        Heerbrugg About Contact  Quote this Post!
x 0   x 0  Alert Admin	Clear position at 0.009. Get profit first.
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Lugi71 Veteran	17-Aug-2021 11:47        Lugi71 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Will be interested to see what story they conjure up again this time
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SmallSmall Supreme	17-Aug-2021 11:11        SmallSmall About Contact  Quote this Post!
x 0   x 0  Alert Admin	Got queried. Likely to say unaware and then some shorts will probably cover back their positions for a small rebound back to $0.011. No denying ther was a block of sellers like in some other stocks because of the weak shaky market.
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