Chasen
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+0.003
Chasen
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This one, I have waited until neck long, long.
Thrown into the back burner, will exit if can break even.
At one time, they were about to be delisted because share price was under 20c for some time.
Management said they were looking into ways of boosting the share price, one of which was to ipo
one of their subsidiaries.
Fortunately, SGX decided to do away with the 20c rule, and the intention to ipo the subsidiary was never
spoken of since then.
My tp is an undemanding 8c, but this is not since after 2 or 3 years (not sure, almost given up already
).
My opinion, this stock sucks.
stockman20 ( Date: 07-Jul-2021 13:00) Posted:
will chasen follow GKE footstep? both are turnover and profitable company. coming next most likely will see another positive quarter.
chasen is deeply undervalue. NAV 0.158 |
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will chasen follow GKE footstep? both are turnover and profitable company. coming next most likely will see another positive quarter.
chasen is deeply undervalue. NAV 0.158
Wah lucky I sold .068 as can' t break .07
lost strength very fast
Finally cheonging was losing patience on this stock
play cfm better
Chasen quite hopeless
turnaround from loss to profit and secured new contract
still can' t move share price
Disappointed can' t even hit .07
That is great news sure will propel the stock price upwards
Chasen Holdings has won contracts worth a total of $12.4 million
Logistics player Chasen Holdings has won contracts worth a total of $12.4 million, as it rides on the recovery of its clients in the manufacturing sector from the worst of the pandemic.
The first is a RMB40 million ($8.3 million) project to help an LCD maker in China to relocate while the second is a RMB14.3 million project for another LCD maker relocate.
Both projects are scheduled to begin in the second half of the calendar year 2021, and will be completed by March 2022 and May 2022 respectively.
In addition, Chasen&rsquo s 3PL subsidiary, Penang-based City Zone Express Sdn Bhd, has secured a fresh project worth RM3.5 million (S$1.1 million) to move power tools for a German engineering and technology multinational from China to Penang.
This project will run from June 2021 to December 2021.
&ldquo The new orders will keep us busy for the financial year ahead and reflects the on-going recovery to businesses in the group&rsquo s countries of operations,&rdquo says Low Weng Fatt, Chasen&rsquo s managing director and CEO.
&ldquo Chasen will continue to leverage the opportunities in the Specialist Relocation and 3PL segments to grow our market share and customers&rsquo base seizing on the momentum to economic re-opening in the quarters ahead,&rdquo he adds.
For the year ended March 31, Chasen reported earnings of $1.7 million, a swing from losses of $15.5 million the year earlier. Revenue in the same period was up 29% y-o-y to $130.7 million.
Erratic movements, price retraced after hitting.069
dont think will hit .07 today
may be next wk
Another one that BB is eyeing to break 52 week soon... next week... watch...:):) once convincingly break 68 to 70... ll be a good trading play...:)
Finally moving after false starts past 2 sessions
cheong arhhhh
Today strong volume
Anyone shorted this counter this morning? Maybe need to cover back liao?
kiseki_2818 ( Date: 09-Jun-2021 09:40) Posted:
hope so. this stock is not for investment, more for speculating for quick gain.
philips now playing.
so need to play with caution, if chase may kana trapped by philips.
congrat for ur winnings.
Smarty ( Date: 09-Jun-2021 09:32) Posted:
Looks like Chasen in play again as volume building up
hoping to make second round
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hope so. this stock is not for investment, more for speculating for quick gain.
philips now playing.
so need to play with caution, if chase may kana trapped by philips.
congrat for ur winnings.
Smarty ( Date: 09-Jun-2021 09:32) Posted:
Looks like Chasen in play again as volume building up
hoping to make second round
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Looks like Chasen in play again as volume building up
hoping to make second round
Seem like recent history repeat.
Soon no more interest and the price will ding dong between 0.60 to 0.64 at very low volume.
And then slowly move below 0.60
ahberngh ( Date: 08-Jun-2021 11:41) Posted:
No buyers, only sellers waiting to unload at every small rise, how to go up.
Same as with many other stocks, too many contra and short term traders waiting to unload.
Please don' t take umbrage, just my assessment of the situation . |
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No buyers, only sellers waiting to unload at every small rise, how to go up.
Same as with many other stocks, too many contra and short term traders waiting to unload.
Please don' t take umbrage, just my assessment of the situation
.
Weird. Totally no transaction today.
0.06 more likely..selling strong. P
Smarty ( Date: 07-Jun-2021 23:20) Posted:
May re-visit .07 tomorrow
or do a Metal Component or Mercurious |
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