Innopac dropped from 20cts in Sept to 0.033 during the designated stock status of Asiason,Bluemont and LionGold..Innopac is a good proxy of the 3 stocks and cheaper and provide better leverage..Aug 2013 Innopac placed out 250mil shares at $0,1232 per share of Innopac to Platinium Partners,,this money will strengthen co's working ccapital and fund its future growth.Inno pac has been profitable since 2009 ,PE 13.5..bought this morning 0.038-0.039..do yr own diligence b4 investing
WanSiTong ( Date: 21-Oct-2013 13:13) Posted:
Singapore shares crawl higher as small, mid-caps stocks top trading: Reuters
Singapore shares edged up on Monday, buoyed by the market regulator's decision to lift trading restrictions in three small and mid-cap stocks.
Shares of Asiasons Capital Ltd more than doubled in value, while Blumont Group Ltd and LionGold Corp Ltd jumped about 90 percent in heavy trading, after SGX lifted trading restrictions on these stocks and restored their full access to the equity market. ...
The benchmark Straits Times Index inched up 0.2 percent to 3,197.50, in line with a 0.2 percent gain in MSCI's broadest index of Asia-Pacific shares outside Japan.
The FT ST Small Cap Index has risen more than 3 percent so far this year, while the FT ST Fledgling Index, which covers companies with smaller market capitalisations, jumped nearly 20 percent. Both outran the benchmark index's 0.9 percent rise year-to-date.
" We believe that small mid caps will continue to attract investors interest with its superior growth," DBS said in a research report.
DBS's picks include Nam Cheong Ltd, Goodpack Ltd, Centurion Corp Ltd and Yoma Strategic Holdings.
DBS also recommended Ezion Holdings Ltd, Kreuz Holdings Ltd and Rex International Holding Ltd in the oil and gas space, as well as palm oil stocks Bumitama Agri Ltd and Indofood Agri Resources Ltd
Background The Company was formed in Singapore under the name of Colonel Sanders Kentucky Fried Chicken Pte Ltd on 22 September 1973. On 1 February 1983, it was converted into a public limited company under the name of Kentucky Fried Chicken (S) Ltd, operating the fast food franchise.
In 1986, after transferring the fast food business to a subsidiary, it became a holding management and investment company, under its present name. In 1992, it divested the Kentucky Fried Chicken business. In 1993, it wrote off a substantial part of its losses by reducing the par value of its shares from $1 to $0.20 followed by a rights issue. In 1996, it divested its paper trading business. In 1997, it divested its poultry processing business in China. In 2002, the Company wrote off $78,020,000 of its losses through a capital reduction exercise which reduces the par value of the Company?s share from $0.20 to $0.01 each.
The principal activities of the Group now are the franchising of the Shakey?s restaurant system in the USA. The Group also engaged in IT development and Telecommunication services. The Company is an investment holding and management services company.
Website: INNOPAC Holdings Limited :: Under Development ::
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
vincentming
2 posts
Posted by vincentming > 2013-01-04 10:40 | Report Abuse
will rise to $0.38 in this year