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1481-1500 of 1601
Smashing the way up..
Damn. 47, 48 all gone
High sell wall at 48, 49, 50. See how desperate BB are to accumulate. If can close 50, should be more upside tomorrow .
Tonight can open champagne for big celebration for more to come
Hopefully can break 50. Will wait for pending news announcement
easywin ( Date: 03-Jul-2019 16:04) Posted:
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Big celebration with less than one hour to go for good news
Starwar88 ( Date: 03-Jul-2019 14:53) Posted:
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Coming soon
easywin ( Date: 03-Jul-2019 14:35) Posted:
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Round 2 will come in once above 0.045 is done and many will join in the celebration
Won' t be surprised it' s yet another lowball GO and the Chinamen all laugh all the way back to China................
Maybe 10 cents lol
Starwar88 ( Date: 03-Jul-2019 13:57) Posted:
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Round 2 coming. Can clear 50?
Very high chances for privatization! Buy on dip and don' t miss the golden opportunity.
Pennies show just started
sunview ( Date: 03-Jul-2019 12:02) Posted:
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From DBS:
F& B &ndash premium in brand value
Companies with strong brand equity are highly sought after, as seen by the takeovers and privatisations of OSIM, Eu Yan Sang, Super Group, Auric Pacific and Courts Asia. We believe SunMoon, QAF, Delfi stand out in building their brand premiums and may be on the radar screen of acquirers.
SunMoon
SunMoon, a global distributor and marketer of fresh fruits, vegetables and products, has an asset-light consumer-centric and brand-focused business model that taps on its strong brand equity and expanding distribution network across Asia and the Middle East. SunMoon&rsquo s major shareholder, YiGuo which has c.55% stake and is backed by Alibaba, helps SunMoon to fast track its expansion plan into China.
SunMoon is able to leverage on Alibaba&rsquo s network, infrastructure and logistics to expand both upstream and downstream, and further strengthen its B2B channels and B2C ambitions. Alibaba&rsquo s dominant position in the e-commerce space via Tmall and Taobao, coupled with its omni channel strategy, allows SunMoon to expand its footprint in the China marketplace. Through YiGuo, SunMoon has access to logistics capability in China from port to cold room to points of sales nationwide, a key differentiator among competitors.
Since the entry of Alibaba-backed major shareholder YiGuo in 2016, revenue has surged almost 4-fold from S$20m in FY Mar17 to S$73m in FY Mar19. However, costs remain high as the group has not reached a critical-mass level yet. Streamlining its operations with YiGuo could help to remove duplication of resources and reduce costs. YiGuo was established in 2005, and does global sourcing of products in various categories including fruits, vegetables, seafood, meat, poultry & eggs, pantry & beverages, and desserts. YiGuo has been in a strategic partnership with Alibaba.com since 2014. In our view, it could make economic sense for YiGuo (Alibaba), as a platform owner, to gain a dominant control of SunMoon, which has strong branding and a wide global distribution network, while SunMoon could potentially turnaround from its current loss-making position.
No news so far leh. Alibaba old news and no action. Either Bb doing a pump and dump or insider buying on pending news announcement. One is back to square 1. The other is more upside. Take your pick.
sunview ( Date: 03-Jul-2019 11:42) Posted:
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Wow, highest at $0.047 at one point, a rise of over 100% from last session.
The power of Alibaba ? Or just a prelude to a placement or a right issue ? Anybody' s guess.
The power of Alibaba ? Or just a prelude to a placement or a right issue ? Anybody' s guess.
Seems like buying still in play but more reserved :)
Support at 40?
Very strange story.
In mid-2017, Yiguo.com acquired 51% of Sunmoon. And touted globalisation plans and Alibaba backing, etc, etc.
But fm that day, the share price has been dropping fm 10c till today' s 2c..................
What global expansion? What Alibaba?
Greatest joke.......................
https://www.producereport.com/article/yiguocom-acquires-sunmoon-embark-globalization
Up down very fast cause buy sell queue not much. See if reverse more or see if BB absorbing contra players cashing.