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Blumont the dark horse?
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happyharvest
Elite |
13-Apr-2017 12:29
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This is no really a news that can move share price. Only subsequent increasing profit could move stock price. Don't be surprised it can go down to 0.002 again
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Eatnsleepz
Member |
13-Apr-2017 10:54
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Hmmm the group want toapply to remove from watchlist for 3 consecutive yrs of losses...
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happyharvest
Elite |
13-Apr-2017 09:39
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U should be able to get it. It is losing momentum liao. Still waiting at 0.001
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ihsansan
Senior |
10-Apr-2017 23:02
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imma try some 0.003 if can huhu,Long term player. |
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Sharksaurs
Senior |
10-Apr-2017 22:56
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From the release annual reports info :
THE PAST YEAR 2016 This has been a year of consolidation and more significantly, the crossing of a milestone with the settlement of our entire borrowings in a single blow, erasing years of losses along with it. We have been put on watch-list by Singapore Exchange Securities Trading Limited (?SGX-ST?) pursuant to Rule 1311(1), for the 3 consecutive years of losses with effect from 3 June 2016. The Group had recorded a net profit for the financial year ended 31 December 2016 and the Group intends to apply to SGX for its removal from the watch-list. We have had assets disposals, trimming off losses and debt repayment for the whole of last year. Net assets value per ordinary share as at 31 December 2016 was 0.02 cents (31 December 2015: net liabilities value of 0.40 cents) based on issued share capital of 27,525,762,183 (31 December 2015: 4,514,224,998). Cheers, Rest early !!!
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HB8289
Master |
10-Apr-2017 21:21
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look like this is a dead horse same as liongold or isr |
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Shifu8888
Supreme |
10-Apr-2017 21:16
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Nav is 0.002 or 0.2 cents not 0.02 (means 2 cents).
Big difference. |
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Sharksaurs
Senior |
10-Apr-2017 19:04
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Overall encouraging statement and clean looks with nice financial reports. NAV @0.02 as per earnings recorded, Will it play catchup to Hit ? Will It Fly like Alliance Minerals ?? I jeep a little only, might get some kopi money. Lets see how BBs, CK, SSH and funds going to work it out up North. Target 0.01 coming soon .... hahahaha 
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ihsansan
Senior |
10-Apr-2017 18:47
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looks good,Recover mode on,
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MichaelSchenker
Master |
10-Apr-2017 18:41
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I' ve already sold everything at 0.004 loss of almost $20k. But of course I' m not the worst. No turning back for me.
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bishalnb
Master |
10-Apr-2017 18:04
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Extract from annual report http://infopub.sgx.com/FileOpen/Blumont%20Group%20Limited%20Annual%20Report%202016.ashx?App=Announcement& FileID=447256 Dear Fellow Shareholders, On behalf of the Board of Directors of Blumont Group Ltd. (&ldquo Blumont&rdquo together with its subsidiaries, the &ldquo Group&rdquo ), I would like to present and report on the Group&rsquo s financial results and activities for the year which ended 31 December 2016. The worst is over for Blumont 
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Huatsweeswee
Master |
05-Apr-2017 21:56
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Does it mean going to chiong soon? | ||||
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Octavia
Supreme |
05-Apr-2017 09:35
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Auditor made a disclaimer of opinion as the company&rsquo s current liabilities have exceeded current assets by $2.9m. In return, Blumont said it will be able to raise enough funds for operational requirements over the next 12 months |
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Sharksaurs
Senior |
05-Apr-2017 09:20
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Q at 0.2 level and waiting for more to sell down. jeep small small today at 0.3, lucky or get shit ?? hahaha. 
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happyharvest
Elite |
04-Apr-2017 23:51
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ops.. think too low to issue rights. maybe warrant?
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happyharvest
Elite |
04-Apr-2017 21:47
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What are they planning? Rights?
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Sharksaurs
Senior |
04-Apr-2017 20:09
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Looks like coming down to 0.3 and even 0.2 level sooner than expected. Haha, can Tikam some now. Tomorrow Q some at 0.3 and support some too.
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happyharvest
Elite |
04-Apr-2017 19:13
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http://infopub.sgx.com/FileOpen/Extracted%20audited%20financial%20statements.ashx?App=Announcement& FileID=446231 INDEPENDENT AUDITORS&rsquo REPORT TO THE MEMBERS OF BLUMONT GTOUP LTD. tmr 0.001 liao? |
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happyharvest
Elite |
28-Mar-2017 17:09
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tricked to buy high?
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choong
Senior |
28-Mar-2017 17:07
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Always kena trick by this counter. 
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