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scape value??
john_ric ( Date: 23-Feb-2017 17:18) Posted:
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the ' scape value' for this rubbish is 40cents??
Yes exactly. Was expecting it to drop more.
Hope that I didnt make a wrong decision to not cut loss today as I saw there are still quite many buying up.
jumpstart ( Date: 23-Feb-2017 17:03) Posted:
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Today didn' t go down much. Volume is high. I wonder why? NAV dropped very much from 50+c to 28c. Price now is above NAV.
I suspect there must be some good news hidden from us.. Or is it delisting?
Anybody knows?
I think the buy up today was on expectations of at least .015 div payout, don' t think market is going to like this tomorrow.
bad result is expected but still profitable. not loss making.
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Gap down tomolo...aredi lim kopi liao....
halleluyah ( Date: 22-Feb-2017 20:41) Posted:
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Rev drop 29% & profit drop 79%...div pun drop frm 0.015 to 0.005...smart bbs play up themselves to trap retailers...lol
hmmm. but now like abit to early to move up..
Wondering if got other news or not.
bishan22 ( Date: 22-Feb-2017 18:27) Posted:
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Proposed final div of 0.005........
Big movement actually. Quite long no see such volume liao
john_ric ( Date: 22-Feb-2017 10:11) Posted:
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ths dead stock today got some movement.
the gd days are over for rotary, if they cant get new biz model, unlikely to see the light soon.
watching to add more as tis coy gt gd cash flow n wth yearly div......few mths back just won 64m awards............
collect some...div 0.015.....profittable coy...
I pity the seller caught out at pre-close on the queue at $0.385. He got nothing after selling his 100 shares after deducting the brokerage and mischellaneous fees.
Don' t understand why the exchange introduced this kind of 100-share transactions. They are nuisances and should be scrapped. They are only good for operators to mark share prices. As you said, who in normal cases would want to just buy or sell 100 shares. May be this should only be reserved for shares trading at say $10 or above per share.
Qanghoo ( Date: 13-Dec-2016 17:22) Posted:
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Why wld any retailers want to sell 500 shares for?
sunview ( Date: 13-Dec-2016 17:20) Posted:
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In the last few sessions, held firm at $0.37 support.
Today up half a cent to $0.385.
But wait, only 500 shares transacted. (300 shares at $0.375 and 100 shares at $0.38, and then 100 shares at $0.385 at pre-close.)
What a joke.
Next critical support at $0.355.
Just wonder why Rotary is so weak, despite the recent rebound in oil prices. This morning sold down to near-term support of $0.37.
It seems nobody is interested in a stock having a NAV of $0.51, net cash position of $98m and current order of $153.9m. May be there is something we don' t know.