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Haha... 59 to 62 long queue like JB custom not easy to 70++
ThankYou ( Date: 12-Jan-2024 15:25) Posted:
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If break 59 next week 70+
Glad I missed the mermaid boat.
$0.056 cleared. Shortists beware
You mean Tank? Ok! See!!!
Chansenghoe1971 ( Date: 12-Jan-2024 13:10) Posted:
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You know why when I saw your name, I sweat?
Because when you shouted most stocks, it drops
Hope this one opposite
Because when you shouted most stocks, it drops
Hope this one opposite
Chansenghoe1971 ( Date: 12-Jan-2024 12:26) Posted:
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True. I wanted confirmation and waited to see if it breaks 55 before buying.
Chansenghoe1971 ( Date: 12-Jan-2024 12:27) Posted:
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Yes
This is exactly why I loaded more that time
This is exactly why I loaded more that time
SmallSmall ( Date: 12-Jan-2024 12:01) Posted:
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When I see your name I sweat
tankoksee ( Date: 12-Jan-2024 10:42) Posted:
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The company will actually made an extraordinary gain of US$4.364 mil from the machinery sale based on sale price of US$4.75mil vs book value of US$386,000
translating to S$0.021 per share. As of FY2023 the company' s NAV is $0.1619. Would likely to be revised to $0.1829 for next FY reporting next month
Do correct me if I am wrong.
UPDATES ON GROUP&rsquo S BUSINESS AND OPERATIONS
The Board of Directors (the &ldquo Board&rdquo ) of Global Invacom Group Limited (the &ldquo Company&rdquo , and together with
its subsidiaries, the &ldquo Group&rdquo ) wishes to provide an update on the Group&rsquo s operational restructuring.
As part of the previously announced Group&rsquo s restructuring, the management team have been undertaking
a review of its North American operations. The Board is pleased to announce that it has successfully taken
a significant step forward with an agreement with an independent third party (&ldquo the Supplier&rdquo ) for the:
&bull Supply by the Supplier to Global Skyware (&ldquo GSW&rdquo ) of certain manufacturing, component assembly
and packaging of Semi Moulded Compound (&ldquo SMC&rdquo ) product from the current site, utilising both
existing equipment and staff and
&bull Sale of certain machinery relating to the SMC manufacturing activities of GSW for a sum of
US$4.75 million (the &ldquo Sales Price&rdquo ) that exceeds the machinery net book value and an
independent valuation prepared for the Board.
Response to SGX queries
SGX-ST&rsquo s Query 2:
Please disclose the net book value of the machinery to be disposed and the independent valuation
figure prepared for the Board. With regard to the independent valuation, please disclose the party
who commissioned the valuation and the basis and date of such valuation.
Company&rsquo s response to Query 2:
The net book value of the Machinery is US$386,000 as of the latest announced consolidated interim
financial statements of the Group for 1H FY2023.
translating to S$0.021 per share. As of FY2023 the company' s NAV is $0.1619. Would likely to be revised to $0.1829 for next FY reporting next month
Do correct me if I am wrong.
UPDATES ON GROUP&rsquo S BUSINESS AND OPERATIONS
The Board of Directors (the &ldquo Board&rdquo ) of Global Invacom Group Limited (the &ldquo Company&rdquo , and together with
its subsidiaries, the &ldquo Group&rdquo ) wishes to provide an update on the Group&rsquo s operational restructuring.
As part of the previously announced Group&rsquo s restructuring, the management team have been undertaking
a review of its North American operations. The Board is pleased to announce that it has successfully taken
a significant step forward with an agreement with an independent third party (&ldquo the Supplier&rdquo ) for the:
&bull Supply by the Supplier to Global Skyware (&ldquo GSW&rdquo ) of certain manufacturing, component assembly
and packaging of Semi Moulded Compound (&ldquo SMC&rdquo ) product from the current site, utilising both
existing equipment and staff and
&bull Sale of certain machinery relating to the SMC manufacturing activities of GSW for a sum of
US$4.75 million (the &ldquo Sales Price&rdquo ) that exceeds the machinery net book value and an
independent valuation prepared for the Board.
Response to SGX queries
SGX-ST&rsquo s Query 2:
Please disclose the net book value of the machinery to be disposed and the independent valuation
figure prepared for the Board. With regard to the independent valuation, please disclose the party
who commissioned the valuation and the basis and date of such valuation.
Company&rsquo s response to Query 2:
The net book value of the Machinery is US$386,000 as of the latest announced consolidated interim
financial statements of the Group for 1H FY2023.
Now at $0.056. If $0.056 (day high) cleared convincingly, $0.06 will be next :)
Yes don' t Sabo 1971, short when he says another 300k sold then we take action.
newbie1118 ( Date: 12-Jan-2024 11:31) Posted:
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Short only when 1971 let go all his holding.
wooncs8870 ( Date: 12-Jan-2024 11:28) Posted:
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Can short at 0.055?
newbie1118 ( Date: 12-Jan-2024 11:21) Posted:
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Looks promising.
ThankYou ( Date: 12-Jan-2024 10:36) Posted:
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Should sell more if you are not confident it will go up soon. You can always buy later when it retraces.
Chansenghoe1971 ( Date: 12-Jan-2024 10:34) Posted:
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10 cts otot..
It has just started, should last 2-3 days before drying up.
newbie1118 ( Date: 12-Jan-2024 10:31) Posted:
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Yeah. My selling is done left 300k.
Raffles edu may be brewing
They have one announcement to be out.
Raffles edu may be brewing
They have one announcement to be out.
newbie1118 ( Date: 12-Jan-2024 10:31) Posted:
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Volume can dry up pretty fast once the pump is over.
Chansenghoe1971 ( Date: 12-Jan-2024 10:27) Posted:
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