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buying volume seems to be back, round 2? selling seems to be over
roller coaster again.
Shorting without Market Depth... Anyone can help?
ThankYou ( Date: 22-Jan-2021 09:37) Posted:
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Shorting starts correct?
bicboi ( Date: 21-Jan-2021 14:41) Posted:
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Support level broken, further correction begins. Lots of selling pressure, BBs ran road.
Bounced off for the support level for a 3rd time
bicboi ( Date: 20-Jan-2021 16:47) Posted:
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just follow my analysis, enter at support 174 range. resistance at 195 range. 20 pips for you
wow.
roller coaster ahhhh
roller coaster ahhhh
looking at 0.195
Premier ( Date: 20-Jan-2021 12:17) Posted:
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Getting back to positive range or even 0.19 series....technical rebound.....the current price doesn't match the company value.....stay tune
Overreaction to the news, pity those who chased. Good chance to average down, already gave my opinion on the news yesterday.
bicboi ( Date: 18-Jan-2021 18:48) Posted:
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0.20 before lunch will see this company soared
Always buy on any retracement...so far so good ...can do many rounds ..waiting for it to break 20c
Look at the thick walls all the way up to 0.20
Premier ( Date: 19-Jan-2021 10:12) Posted:
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0.20 before lunch will see this company soared
Leader Environmental Tech enters S$10m JV with Nanosun to set up membrane-making facilities
LEADER Environmental Technologies (LET) on Monday said it has entered into a joint venture (JV) agreement with a Singapore-based company to set up membrane manufacturing facilities in Singapore and China.
The China-based investment holding company will own 60 per cent of the JV, with the remaining 40 per cent owned by membrane manufacturer Nanosun, LET said in an exchange filing.
The total investment is about S$10 million and is funded using proceeds from the company' s rights issue and bank borrowings, it said.
The facilities are expected to be completed in 12 months and will produce membrane products by the end of 2021, the company added.
Following the success of its first nano 3D printing flat sheet membrane in 2018, Nanosun has extended its nano material and 3D printing technology to develop a new hybrid filtration membrane that binds inorganic crystalline titanium to high-performance polymer-based membranes, LET said.
This combination takes the advantages of both ceramic and polymeric membranes and produces membrane products that are of high strength while having low-fouling, anti-oxidation and energy-saving properties, it added.
Darren Sun, founder and chairman of Nanosun, said the JV, which leverages on LET' s engineering and project execution capabilities, allows Nanosun to expand its membrane applications.
" It will be able to provide total solutions in water and wastewater treatment, sludge treatment and other novel membrane separation applications for pharmaceutical, life science, healthcare and chemical industries," Prof Sun said.
yea just saw it and read it! Thanks!
Few important points
The Company will own 60% of the JV and the remaining 40% will be owned by Nanosun. The total investment is approximately S$10 million. The facilities are expected to be completed in 12 months and will produce membrane products by the end of 2021
Leader has successfully secured a joint collaboration with Nanosun to develop and manufacture high performance - hybrid membrane reaping the benefits of both ceramic and polymeric membrane. This is the first invention of such hybrid membrane in the world
My take on it, looks great as the company seems like they are trying to attain a competitive edge in the market by investing in r& d ventures. But do take note BY THE END OF 2020. I feel it will not affect the price much tomorrow as it just means a good project but no results yet as it is a year long project.
But who knows? just my opinion but lets see tomorrow i guess
Few important points
The Company will own 60% of the JV and the remaining 40% will be owned by Nanosun. The total investment is approximately S$10 million. The facilities are expected to be completed in 12 months and will produce membrane products by the end of 2021
Leader has successfully secured a joint collaboration with Nanosun to develop and manufacture high performance - hybrid membrane reaping the benefits of both ceramic and polymeric membrane. This is the first invention of such hybrid membrane in the world
My take on it, looks great as the company seems like they are trying to attain a competitive edge in the market by investing in r& d ventures. But do take note BY THE END OF 2020. I feel it will not affect the price much tomorrow as it just means a good project but no results yet as it is a year long project.
But who knows? just my opinion but lets see tomorrow i guess
johnL888 ( Date: 18-Jan-2021 18:32) Posted:
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There' s some news released today. Not sure if that has been factored in yet..
https://links.sgx.com/FileOpen/Joint%20venture%20with%20Nanosun.ashx?App=Announcement& FileID=645339
https://links.sgx.com/FileOpen/Joint%20venture%20with%20Nanosun.ashx?App=Announcement& FileID=645339
bicboi ( Date: 18-Jan-2021 18:06) Posted:
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Tough question, if you are looking at entering if the price hits the support level then ya its a good entry price knowing that it bounced off 173/174 twice.
Volume seems underwhelming, not sure if BB lost interest for awhile and will come back since all the news have bee priced in already after the multi fold gains.
Considering today it was quite a significant day in showing that the price would be hovering around this range and the support level.
Only ending 1 pip down today after the morning selldown seems like a healthy sign. Just need volume to come back to the counter
Volume seems underwhelming, not sure if BB lost interest for awhile and will come back since all the news have bee priced in already after the multi fold gains.
Considering today it was quite a significant day in showing that the price would be hovering around this range and the support level.
Only ending 1 pip down today after the morning selldown seems like a healthy sign. Just need volume to come back to the counter
ThankYou ( Date: 18-Jan-2021 12:46) Posted:
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tomorrow will go beyond 0.190 level when it open, looking good for testing of 0.20....