| Latest Forum Topics / SunMoon Food |
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UMS
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TraderBen
Supreme |
07-Jan-2020 14:55
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No interests alrdy | ||
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Invest1
Elite |
07-Jan-2020 14:22
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come le, support a bit more... | ||
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Invest1
Elite |
07-Jan-2020 09:46
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Ready to go? | ||
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Invest1
Elite |
30-Dec-2019 16:27
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let' s go to Rex... | ||
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Invest1
Elite |
30-Dec-2019 16:24
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let' s go.. | ||
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Invest1
Elite |
30-Dec-2019 16:14
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second wave? | ||
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johnng
Supreme |
30-Dec-2019 11:25
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breakout today...chiong arh!! | ||
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johnng
Supreme |
30-Dec-2019 11:20
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CHIONG ARH!!! | ||
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Invest1
Elite |
30-Dec-2019 11:00
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Ready to go? | ||
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remister889
Member |
14-Apr-2014 22:02
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nTan sues SunMoon for 2 billion shares or S$2m SUNMOON Food Company has been sued by nTan Corporate Advisory for 2.06 billion shares or S$2.06 million. The fees relate to services provided by nTan, in " identifying and securing investors pursuant to a letter of engagement dated Nov 14, 2006" . nTan was set up by corporate restructuring specialist Nicky Tan in 2001. SunMoon said the claim by nTan is without merit and it has a good defence. " The company is in discussion with its legal advisers, TSMP Law Corporation, to determine the next course of action and intends to vigorously resist the claim," it said. SunMoon closed at 0.1 Singapore cent, down 50 per cent, before the announcement was made. The company fluctuates often between 0.1 cent and 0.2 cent, and is proposing to consolidate every 100 shares to one share. |
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blurtrader
Master |
24-Mar-2014 13:59
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read carefully...   it maybe 0.04cent which works out to be $0.0004
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darthiliator
Senior |
10-Mar-2014 13:09
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They say at their own date, when they release the report. Most probably April to release 1st quarter report, unless something major happen from now till than. |
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hogsforce
Member |
10-Mar-2014 12:03
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Any updates on when is the consolidation date? | ||
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demoncaster
Senior |
06-Mar-2014 13:39
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On the starting day after consolidation, Buy at 15 cents and sell 25 cents as trading might be in that range.   If there are any good development, 30 cents starting may also be possible.   If starts at 30 cents and above, it means this counter will rocket for some time before it finds its own level. Remember, NAV is in the black and future prospects are good, so trading may border on the higher sides.
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darthiliator
Senior |
06-Mar-2014 12:42
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The interesting part is, will they consolidate at 0.001,  0.002 or  0.003? If 0.001 immediate 50% loss and it will be hard to chase back up so there will be a huge sell down. If 0.002 which is what most people enter at, there is a high change the price get chase up after consolidate so people make some. If 0.003 Immediate 50% gain, most people will take profit and the price will drop.   |
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hogsforce
Member |
06-Mar-2014 11:20
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Your share qty will drop 100times. But the price will go up 100times too (assuming the price is 0.002 become 0.2)
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demoncaster
Senior |
06-Mar-2014 11:08
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No lah. On consolidation, the ex-price is based on the number of shares " joined" together. 100 shares joined to form one new share. So if   0.002 is the market closing price, the immediate ex-price will be 20 cents, PLUS OR MINUS depending on sentiments. And if the closing is 0.001, the immediate ex-price will be 10 cents, plus or minus. And if the closing is 0.003 then the immediate ex-price will be 30 cents, plus or minus depending on market sentiments at that point of time. 
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ninjawarrior
Member |
06-Mar-2014 10:52
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.....after consolidating.....if i buy 1,000,000 shares now at 0.002. I will still loses money after the consolidating of 100 shares become 1 share. How does on make money....in this company...? | ||
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teeth53
Supreme |
05-Mar-2014 23:30
Yells: "don't learn through life, learn to grow with life " |
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Anyway, out in mkt, there's  always players having bias view and  of different in opinion. See Transcu forum for more info. Wish U all the best, " Ho Seh liao!!!!!!!!!!" Can further elaborate ur sharing? as Transcu share  the same  as Sunmoon, on share  consolidaion, and thk. |
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teeth53
Supreme |
05-Mar-2014 22:06
Yells: "don't learn through life, learn to grow with life " |
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Hopfully...That oso goes to Transcu where is proposal is 65:1, then out in the mkt. There's always many many different in opinion...Huat huat to U. :)
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