Broke 1.70 and touched 1.68, further downside ahead. :( DYODD
The thread title is "New phases new horizons, aim $3 by 2022"
Like more like aim $1.5.
Like more like aim $1.5.
Nasdaq Fall so. Frenken follow.
hit another major support at 1.75  lets see if it rebound from here..
1.80 break .. thats it.. and it looks very likely.. 2nd attempt to break it down in 2 weeks
lifeisgood ( Date: 13-Jan-2022 09:11) Posted:
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Pushing up for Chinese New Year ?
speechless
lifeisgood ( Date: 12-Jan-2022 16:14) Posted:
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Forever down. I think on a daily basis, probably 95% of our stocks here are not traded!
tongphlp ( Date: 12-Jan-2022 16:08) Posted:
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That' s why SGX CMI! DJ up, we down, DJ down, we further down!
TraderBen ( Date: 12-Jan-2022 10:08) Posted:
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Singapore stocks are used for torturing purposes.
alixchoo ( Date: 12-Jan-2022 15:04) Posted:
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all the other semiconductors counters (AEM, UMS) are doing poorly today. maybe just a micro-rotation out of these counters?
TraderBen ( Date: 12-Jan-2022 10:08) Posted:
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too good to be true
TraderBen ( Date: 12-Jan-2022 10:08) Posted:
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WTH.. in red?? when the whole world is green.. then drop more when the world is in red.. stupid counter..
What happened to this counter.... why dropping..
that they have $$? :)
crouchingtiger ( Date: 03-Jan-2022 09:50) Posted:
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Directors have visibility on the company' s business over the next few years. If they are adding means only 1 thing..
Frencken
 
Frencken said on Dec 18 that its chairman Gooi Soon Chai had increased his stake in the company during that week, through purchases in the open market.
 
Gooi bought 50,000 shares for a total of S$96,000. This increases his direct interest in the company to 6.92 million shares or 1.62 per cent of the total number of ordinary voting shares.
 
His total direct and deemed interest stands at 100.1 million, or 23.4 per cent of the company.
 
Meanwhile, Frencken' s lead independent director, Ling Yong Wah, on Dec 23 also bought shares in the company. Ling, who is also the chief executive of Catalist-listed Vallianz Holdings, did not own any shares in Frencken prior to the latest transaction.
 
He acquired 55,000 shares via a market transaction for a total consideration of S$101,200 or around S$1.84 apiece. His current stake represents 0.01 per cent of the total ordinary voting shares in the company
 
The share price of Frencken - a technology solutions provider - rose from S$1.32 at the end of 2020 to as high as S$2.52 in September, amid increased revenue from its semiconductor business.
 
But the shares have seen a correction in the past month, following its third quarter business update on Nov 11. The company had said in its outlook it expected overall revenue to " remain stable" in the second half of the year compared with H1, a change from the previous outlook statement where it had expected a " moderate increase" .
Frencken directors add stake Wilmar leads buybacks in final 2 weeks of 2021
FOR the 10 trading sessions between Dec 17 and Dec 30, the Straits Times Index (STI) fell 0.1 per cent, with the FTSE China A50 Index declining 3 per cent while the Hang Seng Index fell 1.5 per cent and the FTSE Bursa Malaysia KLCI gained 4 per cent.
 
Among the STI constituents, Yangzijiang Shipbuilding was the top gainer with its shares rising 4.7 per cent to S$1.35. Other gainers included Dairy Farm International, CapitaLand Integrated Commercial Trust, and ComfortDelGro Corporation.
 
Meanwhile, shares of Singtel were the biggest decliner, with a 4.5 per cent slide.
 
Institutional investors were net buyers during the week of Dec 20 - for the first time in 4 weeks - with net inflows of S$38.5 million. DBS and UOB were the counters with the highest net institutional inflows during that week. City Developments and Singtel were the counters with the highest net outflows.
 
Director and substantial shareholder transactions
 
The 10 trading sessions saw 205 changes in director interests and substantial shareholdings filed for over 70 primary-listed stocks.
 
Yangzijiang Shipbuilding
 
Substantial shareholder Wang Dong, a founding member of Yangzijiang and its former deputy general manager, relinquished his stake in the company on Dec 23.
 
Wang held some 394.1 million shares in Yangzijiang - around 10 per cent of the company via his 100 per cent stake in Lido Point Investments.
 
He transferred the shares of Lido Point to a new irrevocable employee benefit trust set up for the purpose of rewarding employees of the group, and he no longer has any shareholding in Yangzijiang following the transfer.
 
The trust will be managed and administered by the Zedra Trust Company (Singapore) as professional trustees, alongside an employee council comprising persons selected by the labour union of the group.
 
Wang, who retired from the group in 2019, said it was his wish " that the employee benefit trust will reward and motivate the group to reach greater heights and foster a sense of personal ownership by the employees" .
Last:1.93     
  +0.07
reversal from downtrend
riding the rebound on the oversold technicals
gd luck dyodd
 
  +0.07reversal from downtrend
riding the rebound on the oversold technicals
gd luck dyodd
 
BB is here!