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Good sign
Catch spider later
Catch spider later
lucky nvr sell at 108 earlier today
Big short covering expected in the late afternoon.... The usual pattern
SmallSmall ( Date: 22-Apr-2026 11:27) Posted:
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150!
Big run comings
Small slot easy to catch the easy money
Small slot easy to catch the easy money
Shorts are trapped. $0.11 cleared....
SmallSmall ( Date: 22-Apr-2026 11:17) Posted:
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Very aggressive buying...back to $0.11 again
SmallSmall ( Date: 22-Apr-2026 09:26) Posted:
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$0.11 liao.....$0.14 next ?
Mencast Holdings share surge following investment by EDIS
Mencast Holdings shares gained around a fifth on opening this morning with heavy volume after news last Friday that EDIS will potentially become a substantial shareholder following a three-year $3 million convertible bond.
Under terms of the investment, EDIS, or Economic Development Innovations Singapore, can convert the bond into shares at 14 cents each, adding up to 21.43 million shares.
The conversion price is a 84% premium to Mencast' s VWAP of 7.6 cents on April 15, before a trading halt was called.
Assuming full conversion, EDIS, which already owns 2.04% of Mencast shares, will see its stake increase to around 6.3% - assuming no other changes in the share base.
Just on April 14, EDIS partially cashed out from another SGX listed company Addvalue Technologies by selling 55 million shares for $5.17 million, or 9.4 cents each.
This latest transaction saw EDIS stake in Addvalue reduced from 6.45% to 4.95%. EDIS became a substantial shareholder of Addvalue in January, after converting bonds to shares worth $2,148,227 at 1.7 cents each. The sale means EDIS has pocketed a profit of $5.17 million.
EDIS, which is chaired by Philip Yeo, says Mencast is a company transforming from traditional carbon-based marine and offshore activities toward a silicon-based future.
Mencast has tapped on capabilities of A*STAR and the National Additive Manufacturing Innovation Cluster, building propellors that will be more efficient, resulting in fuel savings.
As at 9.13am, Mencast shares changed hands at 9 cents, up 18.42%, on heavy volume.
fsl brother?
shortist covering towards 110 
yes.. once breakout 100, shortist will be helping to push towards 120
SmallSmall ( Date: 20-Apr-2026 09:54) Posted:
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The shorts will be paying a heavy price later.....
tofudidi ( Date: 20-Apr-2026 09:42) Posted:
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Mencast Holdings shares gained around a fifth on opening this morning with heavy volume after news last Friday that EDIS will potentially become a substantial shareholder following a three-year $3 million convertible bond.
Under terms of the investment, EDIS, or Economic Development Innovations Singapore, can convert the bond into shares at 14 cents each, adding up to 21.43 million shares.
The conversion price is a 84% premium to Mencast' s VWAP of 7.6 cents on April 15, before a trading halt was called.
Assuming full conversion, EDIS, which already owns 2.04% of Mencast shares, will see its stake increase to around 6.3% - assuming no other changes in the share base.
Just on April 14, EDIS partially cashed out from another SGX listed company Addvalue Technologies by selling 55 million shares for $5.17 million, or 9.4 cents each.
This latest transaction saw EDIS stake in Addvalue reduced from 6.45% to 4.95%. EDIS became a substantial shareholder of Addvalue in January, after converting bonds to shares worth $2,148,227 at 1.7 cents each. The sale means EDIS has pocketed a profit of $5.17 million.
EDIS, which is chaired by Philip Yeo, says Mencast is a company transforming from traditional carbon-based marine and offshore activities toward a silicon-based future.
Mencast has tapped on capabilities of A*STAR and the National Additive Manufacturing Innovation Cluster, building propellors that will be more efficient, resulting in fuel savings.
As at 9.13am, Mencast shares changed hands at 9 cents, up 18.42%, on heavy volume.
Hold tight and be rewarded. Good durian picking season
Under terms of the investment, EDIS can convert the bond into shares at 14 cents each, adding up to 21.43 million shares. The conversion price is a 84% premium to Mencast' s VWAP of 7.6 cents on April 15, before a trading halt was called.
Assuming full conversion, EDIS, which already owns 2.04% of Mencast shares, will see its stake increase to around 6.3% - assuming no other changes in the share base.
Just on April 14, EDIS partially cashed out from another SGX listed company Addvalue Technologies by selling 55 million shares for $5.17 million, or 9.4 cents each.
This latest transaction saw EDIS stake in Addvalue reduced from 6.45% to 4.95%. EDIS became a substantial shareholder of Addvalue in January, after converting bonds to shares worth $2,148,227 at 1.7 cents each. The sale means EDIS has pocketed a profit of $5.17 million.
EDIS, which is now channelling part of the proceeds from Addvalue to Mencast, sees the latter as a company undergoing a strategic transformation from traditional carbon-based marine and offshore activities toward a carbon-based to silicon-based future.
Mencast is doing so by tapping on capabilities of A*STAR and the National Additive Manufacturing Innovation Cluster, building propellors that will be more efficient, resulting in fuel savings.
&ldquo We are investing in Mencast at a clear inflection point," says Abel Ang, director of EDIS.
SmallSmall ( Date: 20-Apr-2026 09:02) Posted:
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EDB coming in with a $3 mil bond convertible at $0.14 per share !
Wow !
Wow !
assuming 469m shares...min got $0.014 dividends huat!
Sunstar ( Date: 17-Feb-2026 18:52) Posted:
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hope special dividends
Mencast sold asset for 21mln and will book 7.7mln profit from this disposal. HUAT ah!!