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increase another 0.01 from 0.13! This is still cheaper than the JV at 0.265 and loan placement at 0.235! Next level 0.183!!
very strong support at 0.13! Very stocks whacked badly, his holding very strong!
cherintc ( Date: 03-Sep-2020 17:23) Posted:
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i think downside is limited now.. tested 0.10 twice
Nice! Chiong arh Kitchen! all the Gloves counters and pennies stocks that rose over50% got whacked badly!
robinhood168 ( Date: 03-Sep-2020 14:44) Posted:
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all come support kitchen please
Something is cooking.. Oversold? all counters but this remains GREEN! very strong support at 0.13!
May go much higher if can clear $0.137 then $0.14 because a lot will be shorting.
SmallSmall ( Date: 02-Sep-2020 15:02) Posted:
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This one going to hit $0.14 soon
Poised for a run this afternoon
Cant hold at 0.13. looks like BBs want to offload by pushing the price higher? need to be careful..
robinhood168 ( Date: 02-Sep-2020 09:42) Posted:
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Nice run this morning! it breaks 0.132! Will there be another bull run this afternoon? Chiong arh!
Kitchen Culture' s proposed stake purchase in sanitiser maker falls through
KITCHEN Culture has decided not to proceed with the purchase of a 40 per cent stake in Beijing Anxin Health Products Co, the Catalist-listed kitchen solutions provider said in a bourse filing on Monday night.
Beijing Anxin is a Chinese manufacturer of medical supplies such as masks and sanitisers. It owns and is licensed to use intellectual properties including " AnXin" brand sanitisers.
In May this year, Kitchen Culture entered into a non-binding term sheet with Guangdong Fon-neus Environment Protection Technology for the proposed acquisition.
Kitchen Culture said then that the purchase consideration for the proposed stake purchase will be based on a valuation that is five times the price-to-earnings ratio of Beijing Anxin.
The number of consideration shares to be issued will be 40 per cent of that valuation divided by 23 Singapore cents.
Kitchen Culture said it would satisfy the purchase consideration by issuing new ordinary shares to seller Guangdong Fon-neus, based on an exercise price of 23 Singapore cents per share.
This represents a 15 per cent premium over the closing price of 20 cents per share on May 19, 2020, and a 15.3 per cent premium over the volume-weighted average price of the shares at 19.95 cents on May 19, which is the last market day the shares were traded on the Singapore Exchange prior to the date of the term sheet.
However, no definitive agreement has been signed since then, and the term sheet has been automatically terminated following its expiry on Aug 31, the company said on Monday.
Kitchen Culture added that the parties involved have mutually agreed not to proceed with the proposed deal and have ceased their negotiations in relation to it.
The termination of the term sheet is not expected to have any material impact on the net tangible assets per share and earnings per share of the company for the financial year ending June 30, 2021, Kitchen Culture said.
I was worried it will not stuck at 0.129 but it break 0.13! I pretty confident it will break 0.132, next resist will be 0.135?
Contratrader ( Date: 01-Sep-2020 16:29) Posted:
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Wow this chart looks like Eindec before it broke 13.2 ..then fliew to 18c...now kitchen doing this same style..let' s see whether can break 13.2 first..
also this one under " watchful eyes " needs to be careful too...watch first
also this one under " watchful eyes " needs to be careful too...watch first
robinhood168 ( Date: 01-Sep-2020 16:25) Posted:
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Yes! It breaks 0.132 and the falling pattern! Reversal is coming! next level 0.184!!! Chiong Arh!!!!
robinhood168 ( Date: 01-Sep-2020 11:19) Posted:
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BB gives flase hope again? Many times, after a 15minsbull run, the price got whacked down! Hopefully, it will break this pattern and run to 0.135 in the afternoon!!!
cherintc ( Date: 01-Sep-2020 10:59) Posted:
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Jump higher.. i need to offload.. 
Only bones left. Can try a bit
Animal spirit is again here
Chiong liao! I am glad that i was wrong! 0.124!!! the dragon awake!
robinhood168 ( Date: 01-Sep-2020 08:42) Posted:
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