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is simple, the company do not have a core business
What is going on here? Why keep dropping?
Look like kena playout by their own folks...Wondering who is playing who?.
The HK chairman resign or shr placement flop or both?.
New Silkroutes Last:0.87 Vol:349k 
-0.015
last week their bosses were busy just buying back shares at $0 99.--$1.01 today drop so much ?...
teeth53 ( Date: 12-Dec-2016 22:13) Posted:
| Opend - $$0.955c |
Closed - $0.905c |
-0.060c |
-6.2%
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teeth53 ( Date: 12-Dec-2016 13:01) Posted:
What happening?, after the good news?.
New Silkroutes Last:0.92 Vol:785k -0.045 or about -5%
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| Opend - $$0.955c |
Closed - $0.905c |
-0.060c |
-6.2%
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teeth53 ( Date: 12-Dec-2016 13:01) Posted:
What happening?, after the good news?.
New Silkroutes Last:0.92 Vol:785k -0.045 or about -5%
muifan ( Date: 17-Nov-2016 15:08) Posted:
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What happening?, after the good news?.
New Silkroutes Last:0.92 Vol:785k -0.045 or about -5%
muifan ( Date: 17-Nov-2016 15:08) Posted:
Next Osim !
Laggard ( Date: 16-Nov-2016 10:31) Posted:
Your price of S$2 to 3 for this stock looks hefy but I like it :)
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Such a long halt...
Probably announcing the purchase completion of HSI. Nothing much old news
muifan ( Date: 28-Nov-2016 10:40) Posted:
brewing?
Laggard ( Date: 17-Nov-2016 15:36) Posted:
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Will wait and see hopefully no negative surprise. So far so good on news for this counter. too good????
brewing?
Laggard ( Date: 17-Nov-2016 15:36) Posted:
Mean? Privatisation?
muifan ( Date: 17-Nov-2016 15:08) Posted:
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Mean? Privatisation?
muifan ( Date: 17-Nov-2016 15:08) Posted:
Next Osim !
Laggard ( Date: 16-Nov-2016 10:31) Posted:
Your price of S$2 to 3 for this stock looks hefy but I like it :)
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Next Osim !
Laggard ( Date: 16-Nov-2016 10:31) Posted:
Your price of S$2 to 3 for this stock looks hefy but I like it :)
think2profit ( Date: 12-Nov-2016 21:45) Posted:
1Q result looks good, demonstrating it' s gaining traction for strong turnaround through business diversification by a new competent team.
Oil trading and distribution is seeing steady gross margin at 5% and fast ramping up. I understand from market veteran that it is low risk as both buyers and sellers are secured before it enters into an agreement, with commission of about 5-8%. USD 70m revenue is backed by about USD5m working capital plus bank financing, which is superb.
Profit from oil trading will be handy for building up other business, especially Asset Management which it targets to achieve AUM of USD 3.6 bn. To establish credibility for the biz, it has hired Terence, ex-UOB guy to head the biz. With fixed income of 2%, this biz will deliver a handsome USD 72m gross profit when it starts the biz.
Current share price looks quite stable at around $1. Likely to move toward $2-3 when New Silkroute starts to show better result qtr after qtr. Exciting journey ahead. Huat Arh!
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Your price of S$2 to 3 for this stock looks hefy but I like it :)
think2profit ( Date: 12-Nov-2016 21:45) Posted:
1Q result looks good, demonstrating it' s gaining traction for strong turnaround through business diversification by a new competent team.
Oil trading and distribution is seeing steady gross margin at 5% and fast ramping up. I understand from market veteran that it is low risk as both buyers and sellers are secured before it enters into an agreement, with commission of about 5-8%. USD 70m revenue is backed by about USD5m working capital plus bank financing, which is superb.
Profit from oil trading will be handy for building up other business, especially Asset Management which it targets to achieve AUM of USD 3.6 bn. To establish credibility for the biz, it has hired Terence, ex-UOB guy to head the biz. With fixed income of 2%, this biz will deliver a handsome USD 72m gross profit when it starts the biz.
Current share price looks quite stable at around $1. Likely to move toward $2-3 when New Silkroute starts to show better result qtr after qtr. Exciting journey ahead. Huat Arh!
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It is on the move now, SSH convert 600 mil warrants and will see if it clear 1.05 convincingly.
1Q result si profitable not because of one off inventory change due to business expansion.
think2profit ( Date: 12-Nov-2016 21:45) Posted:
1Q result looks good, demonstrating it' s gaining traction for strong turnaround through business diversification by a new competent team.
Oil trading and distribution is seeing steady gross margin at 5% and fast ramping up. I understand from market veteran that it is low risk as both buyers and sellers are secured before it enters into an agreement, with commission of about 5-8%. USD 70m revenue is backed by about USD5m working capital plus bank financing, which is superb.
Profit from oil trading will be handy for building up other business, especially Asset Management which it targets to achieve AUM of USD 3.6 bn. To establish credibility for the biz, it has hired Terence, ex-UOB guy to head the biz. With fixed income of 2%, this biz will deliver a handsome USD 72m gross profit when it starts the biz.
Current share price looks quite stable at around $1. Likely to move toward $2-3 when New Silkroute starts to show better result qtr after qtr. Exciting journey ahead. Huat Arh!
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1Q result looks good, demonstrating it' s gaining traction for strong turnaround through business diversification by a new competent team.
Oil trading and distribution is seeing steady gross margin at 5% and fast ramping up. I understand from market veteran that it is low risk as both buyers and sellers are secured before it enters into an agreement, with commission of about 5-8%. USD 70m revenue is backed by about USD5m working capital plus bank financing, which is superb.
Profit from oil trading will be handy for building up other business, especially Asset Management which it targets to achieve AUM of USD 3.6 bn. To establish credibility for the biz, it has hired Terence, ex-UOB guy to head the biz. With fixed income of 2%, this biz will deliver a handsome USD 72m gross profit when it starts the biz.
Current share price looks quite stable at around $1. Likely to move toward $2-3 when New Silkroute starts to show better result qtr after qtr. Exciting journey ahead. Huat Arh!
Closed below 1 dollar but difinitely GAP tomorrow ! 1Q result pointing that revenue will be not less than 310 mil almost 50% more than forecast made 3 months ago!! Operation also generates positive net cash and building cash position. 1Q results illustrated that their earlier forecast is more than achieveable so stock should subject to revaluation. Other pilars revenue still not considers. 👌
think2profit ( Date: 10-Nov-2016 11:27) Posted:
Seem like going to cross $1 soon. Still don' t quite understand the big picture of New Silkroute but just trade for fun.
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Seem like going to cross $1 soon. Still don' t quite understand the big picture of New Silkroute but just trade for fun.
Thot. They were buying a bank. :) This is very big news.
Any big news coming?
1.9m shares married deal at 0.98
Any impact to share price?
