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(Post 1 of 77) 03/28/2000.05:29:00 |
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Nippecraft 1999 net profit 2.206 mln sgd vs 4.116 Nippecraft Ltd 1999 results: Net profit - 2.206 mln sgd vs 4.116 mln Sales - 121.547 mln sgd vs 78.947 mln Pre-tax profit - 2.006 mln sgd vs 4.158 mln EPS - 0.63 cents vs 1.20 Final div - nil; unchanged The company said net profit was boosted by a 200,000 sgd write-back of deferred taxes. The company said it expects profits to improve in 2000 as sales in the U. S. and the Asia-Pacific region are expected to recover significantly. |
| (Post 2 of 77) 04/04/2000.06:42:00 |
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NIPPECRAFT LIMITED John Calder McAlpine We are pleased to announce that Mr. John McAlpine is now the Executive Director responsible for Operations & Finance of Nippecraft Limited Group and will continue to report directly to the Chief Operating Officer, Mr. Howard Lo. Mr. McAlpine was appointed to the Nippecraft board as an Executive Director in May 1997. He was previously Chief Executive of the UK operations of Harper Collins Publishers and has vast experience in International Business. He has been a Director of various companies and joined the Nippecraft Group, initially as a Non Executive Director of its UK subsidiary in 1994. He also holds the Non Executive position of Chairman of Dunbartonshire and Lomond Careers Service in his native Scotland. Mr. McAlpine is a professional Company Director with many years of experience in commercial fast moving environments. He is used to leading, communicating and directing staff at all levels and has demonstrated dynamic abilities in business turn around and re-structuring, including acquisition and merger management. His experience is augmented by a highly successful track record in profit achievement and business funds management. Steven Lim Siang Huat We are pleased to announce that Mr. Steven Lim is now the Vice President, Operations of Nippecraft Limited. Mr. Lim, one of the founders of Nippecraft, has been the company's Factory Manager since 1981. He was promoted to General Manager (Business Services) of Nippecraft on 1 July, 1993. He continues to lead the Business Services team and is concurrently the General Manager in charge of Jinmei Industrial Sdn. Bhd., our Malaysian subsidiary. He has more than 30 years of experience with an indepth knowledge of the diary manufacturing industry and has made tremendous contributions to the company. His present role involves the creation of new and pro-active ideas to support the sales and marketing team within a rapidly changing market place. Submitted by Tan Zing Yuen, Company Secretary on 03/04/2000 to the SES |
| (Post 3 of 77) 04/11/2000.07:11:00 |
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NIPPECRAFT LIMITED Notice Of Changes In Director's Shareholding . Name of director: Howard Lo Chih-Hao Date of notice to company: 10/04/2000 Date of change of shareholding: 06/04/2000 Name of registered holder:Howard Lo Chih-Hao Circumstance giving rise to the change:Open market purchase No. of shares of the change: 20,000 % of issued share capital: 0.0057 Amount of consideration per share excluding brokerage,GST,stamp duties,clearing fee: $0.1878 No. of shares held before change: 20,000 % of issued share capital: 0.0057 No. of shares held after change: 40,000 % of issued share capital: 0.0114 No. of Warrants No. of Options No. of Rights No. of Indirect Interest Submitted by Tan Zing Yuen, Joint Company Secretary on 10/04/2000 to the SES |
| (Post 4 of 77) 09/19/2000.03:02:08 |
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Nippecraft H1 net loss 258,000 sgd vs loss 1.183 mln SINGAPORE (AFX-ASIA) - Nippecraft Ltd six months to June results: Net loss - 258,000 sgd vs loss 1.183 mln Sales - 142.263 mln sgd vs 24.469 mln Pretax loss - 258,000 sgd vs loss 1.183 mln Opg profit - 3.196 mln sgd vs 1.307 mln Loss per share - 0.01 cents vs loss 0.34 Interim dividend - nil, unchanged In a statement, Nippecraft said it expects results to improve on the back of higher sales contributions from the group's dated stationery products in the second half. The company said it has also secured contracts from new customers in the U.S. and sales to these customers are expected to increase further from the 4. 6 mln sgd as of August 2000. |
| (Post 5 of 77) 10/04/2000.02:13:42 |
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REVISED PERFORMANCE REVIEW FOR FIRST HALF RESULTS
The Group's turnover for the six months ended 30 June 2000 was $142.26 million, which shows an increase of S$117.79 million as compared to $24.47 million in the first half of 1999. 86% of the Group's turnover was contributed by Nippecraft's new trading subsidiary, namely Collins Office Product International Trading Limited ("COPI"), which is engaged in the trading of paper stationery. COPI was incorporated in March 1999 and commenced its operations in July 1999. Turnover of COPI for the six months ended 30 June 2000 amounted to $120 million. Group turnover for the first half of 2000 excluding COPI (hereinafter known as "Original Business") was $21.8 million as compared to S$24.27 million for the previous half year ended 30 June 1999. The decline in the turnover for Original Business was due mainly to a delay in delivery of certain OEM products to the customers in USA and currencies conversion of Australian dollars and Sterling Pound. Consolidated operating profit before income tax, minority interests, extraordinary items, interest on borrowings, depreciation and amortisation, foreign exchange loss and exceptional items for the first half of 2000 increased by 144.5% to $3.19 million as compared to the corresponding period of 1999. The improvement in the Group's operating profit was attributed to the contributions made by COPI and management's continuous effort in cost control. The operating profit contributed by COPI was $1.95 million whilst that from the Original Business was S$1.24 million, a decline from S$1.3 million in the same period last year. Due to the accelerated depreciation on certain machinery components, the depreciation and amortisation charges increased by 16.6% as compared to the same period last year. The foreign exchange loss of $924,000 is trading in nature and is due to the weakening of the Australian and European currencies. $663,000 of the total foreign exchange loss is unrealised of which the Original Business of the Company accounted for $528,000 while COPI accounted for $135,000. Forward selling of foreign currencies has been on short-term basis due to the high level of fluctuation in rates. Therefore the Group is looking into borrowings in foreign currencies and long term hedging policy to reduce its foreign exchange exposure. The Group's Operating loss after tax and extraordinary items attributable to members for the first half year ended 30 June 2000 is $258,000 compared to a loss of $1.2 million in the equivalent period last year. The results of the Group for 30 June 2000 could have been better if not for the foreign exchange loss. Earnings Per Share and Net Tangible Asset backing per Ordinary Share, has increased by 79.4% and 17.6% respectively for the period ended 30 June 2000 as compared to the previous half year period ended 30 June 1999. Submitted by Eunice Lin, Company Secretary on 03/10/2000 to the SGX |
| (Post 6 of 77) 02/17/2001.10:45:26 |
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Does anyone know how much is the asia p&p holding co. related to nippercraft. |
| (Post 7 of 77) 04/06/2001.22:18:50 |
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MISCELLANEOUS ANNOUNCEMENT
The Board of Directors of Nippecraft Limited ("the Company") wishes to make the following announcement. The Company is part of the Asia Pulp and Paper Company Ltd ("APP") Group. As previously announced on 28 March 2001, the Company has received notification from APP that the transactions with Collins Office Products International Trading Limited ("COPI") will cease with effect from March 2001. The Management is therefore exploring the possibility of disposing of COPI. In view of the above developments, the Board of Directors have appointed KPMG Corporate Finance Pte Ltd on 6 April 2001 to assist them in assessing the impact of the above on the performance and the cashflow of the company, and keeping the banks appraised of the developments. Submitted by HOWARD LO, EXECUTIVE DIRECTOR on 6 April 2001 |
| (Post 8 of 77) 04/10/2001.21:24:35 |
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Nippecraft to put the power of digital communication into their paper diaries
Singapore, 10 April 2001 - Nippecraft has signed a Memorandum of Understanding with Anoto AB, a Swedish company that has developed the Anoto concept based on the Anoto technology. The companies will cooperate to make it possible to simply write appointments, notes, and drawings anytime, anywhere in a Nippecraft diary, notepad, or organizer, and have that information wirelessly and instantaneously transferred to any computer, hand phone (SMS or WAP enabled), or email address. Uniting handwriting with everyday digital communication, the system can directly transmit written information to most electronic communication devises and functional applications such as calendar software (like MS Outlook, Lotus notes), word processors, and presentation software, thus enabling greater convenience and flexibility. The components needed are a Nippecraft (through its Collins or Debden Brands) paper based product outfitted with the Anoto Pattern, a digital pen enabling Anoto functionality, and a hand phone OR computer equipped with blue tooth technology. The first digital products with Anoto functionality will be introduced at the end of the 2001. Nippecraft envisions this as another step toward expanding into the new economy. COO Howard Lo expressed, "This technology is the ideal marriage between the convenience of traditional paper, and today's necessity to stay connected because of it employs the most natural way to record and store information. It is a definite boost for our business to be chosen to a part of this new global revolution in communication"" "Nippecraft is a very important partner for us. We have established cooperation with paper product companies in Japan, Europe and in the US. With Nippecraft and other Asian paper product companies being added to our partners we have achieved broad coverage within the paper sector. Nippecraft also contributes to securing a position on the test market for GPRS, the Singapore/Hong Kong regions are of particular interest to Anoto. Mobile phones and PDA adapted to the Bluetooth technology are widely accepted in these parts", says Christer Fåhraeus, President of Anoto AB. The development with strategic partners has been essential for Anoto in order to establish the global de facto standard in paper-based digital communication. World-class companies around have been sought out by Anoto to ensure this technology is cost effectively and easily available to the consumer on a global scale. Anoto's concept in enabled by three components: ordinary paper made digital with the almost invisible Anoto pattern, digital pens with Bluetooth communication and services delivered to the market by a mobile operator. As part of the agreement, Nippecraft will be joining the Anoto Partner Program - a forum where Anoto partners can exchange experience. The aim is to mutually strengthen the global de facto standard for digital paper. Submitted by HOWARD LO, EXECUTIVE DIRECTOR on 10 APRIL 2001 |
| (Post 9 of 77) 05/13/2001.01:49:02 |
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This counter seems to be creeping upwards.
Let's hope this counter takes off like Golden Agri |
| (Post 10 of 77) 06/20/2001.23:32:45 |
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When Transmarco move, Indon stocks tend to follow. |
| (Post 11 of 77) 06/21/2001.01:29:58 |
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Anyone looking at this counter? |
| (Post 12 of 77) 06/21/2001.09:40:01 |
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Volume increasing for Nippecraft. Hope it go past 12 cents. |
| (Post 13 of 77) 06/21/2001.10:26:18 |
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Hope other Indon stocks will come alive too.
Anybody holding to Nippecraft? |
| (Post 14 of 77) 06/21/2001.21:11:07 |
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Anyone following this stock. When Indon stocks move,
this counter will do too. |
| (Post 15 of 77) 06/28/2001.22:58:47 |
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This counter has risen from the dead.
Maybe worth keeping a watch on this counter. |
| (Post 16 of 77) 07/01/2001.23:07:52 |
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This counter is showing signs of moving up. I notice that
when Transmarco move, this counter also have some interest. |
| (Post 17 of 77) 07/02/2001.09:17:27 |
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Last week was plastic ,are we into paper this week? |
| (Post 18 of 77) 07/02/2001.14:04:58 |
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Why sudden interest on this counter? Any comments. |
| (Post 19 of 77) 07/02/2001.19:05:21 |
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REPORT ON PROGRESS OF NEGOTIATION WITH THE COMPANY'S BANKERS AND FINANCIAL LENDERS
Pursuant to the announcement made on 1 June 2001, the Company wishes to inform that discussions with the banks are progressing with KPMG's assistance. At the appropriate time further announcement will be made. Submitted by Lo Chih-Hao @ Howard Lo, Chief Operating Officer on 02/07/2001 |
| (Post 20 of 77) 07/05/2001.12:28:02 |
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REPORT ON PROGRESS OF NEGOTIATION WITH THE COMPANY'S BANKERS AND FINANCIAL LENDERS
Submitted by Lo Chih-Hao @ Howard Lo, Chief Operating Officer on 05/07/2001 |
| (Post 21 of 77) 07/05/2001.22:02:41 |
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Strong accumulation at 9 to 9.5 cents of late. Indon counters
in play soon? |
| (Post 22 of 77) 07/05/2001.22:20:47 |
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Drifter, it seems that we are holding many the same counters. I bought so many of them at high some of them since 1999 like the CM tel I had to let go few weeks ago and lost a lot .My nippercraft was bought at $0.27 that is after averaging down.Even pan-pac med I also lost a lot from that counter. |
| (Post 23 of 77) 08/03/2001.17:29:11 |
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REPORT ON PROGRESS OF NEGOTIATION WITH THE COMPANY'S BANKERS AND FINANCIAL LENDERS FOR THE MONTH OF JULY 2001
Submitted by Lo Chih-Hao @ Howard Lo, Chief Operating Officer on 03/08/2001 |
| (Post 24 of 77) 08/23/2001.17:39:02 |
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DISPOSAL OF WHOLLY OWNED SUBSIDIARY - COLLINS OFFICE PRODUCTS INTERNATIONAL TRADING LIMTIED ("COPI")
Pursuant to the announcement made on 3 August 2001 in respect of the disposal of COPI, the Board of Directors of Nippecraft Limited (the "Company") wishes to announce that the Company has entered into a conditional Sales and Purchase Agreement (the "Agreement") on 23 August 2001 to dispose of its entire issued and paid up capital of COPI to APP Printing (Holding) Pte Ltd ("APP Printing"), a subsidiary of Asia Pulp and Paper Co Ltd ("APP"), the ultimate holding company of Nippecraft Limited. Background COPI is a company incorporated in the British Virgin Islands and commenced operations in July 1999, trading in office and stationery products. COPI's suppliers are companies in the APP group which hold approximately 64% of Nippecraft Limited's shares. Its customers include existing customers of both APP and the Company. Rationale of disposal In the Company's announcement to SGX on 28 March 2001, the Company disclosed that they had received notification from APP that the transactions with COPI will cease with effect from 27 March 2001. As COPI is dependent on APP for business, the cessation of trade between APP and COPI has reduced the business activity of COPI to a minimum for the first quarter of 2001 and COPI has remained inactive since then. As a result, the business of COPI is deemed to be no longer viable. Consideration The issued shares of COPI comprised of 1 ordinary share of USD1.00. The sales consideration is based on the Net Asset Value of COPI as at 31 December 2000 which is equivalent to USD1.044 million. The consideration was arrived at based on a willing-buyer, willing-seller basis between the Company and APP. The Agreement is conditional upon, inter alia, the Company having obtained the approval of shareholders in a general meeting of which APP Printing being an interested party to the transaction is not entitled to vote and the approval of the Company's lender banks. Financial Effects As COPI has minimal contribution to the group's results for the financial year 2001, the disposal has no material impact on the earnings per share and net tangible asset of the group for the year ended 31 December 2001. Directors and Substantial Shareholders' Interests None of the Directors of the Company has any interest in the disposal of the shares. The substantial shareholder is an interested party to this transaction and the Company will abide by the rulings established under Chapter 9A Interested Person Transaction of the SGX Listing Manual. Submitted by Lo Chih-Hao @ Howard Lo, Chief Operating Officer on 23/08/2001 |
| (Post 25 of 77) 09/04/2001.23:14:33 |
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REPORT ON PROGRESS OF NEGOTIATION WITH THE COMPANY'S BANKERS AND FINANCIAL LENDERS FOR THE MONTH OF AUGUST 2001 |
| (Post 26 of 77) 11/01/2001.09:25:28 |
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NIPPECRAFT LIMITED
REPORT ON PROGRESS OF NEGOTIATION WITH THE COMPANY'S BANKERS AND FINANCIAL LENDERS FOR THE MONTH OF OCTOBER 2001 The Company wishes to report on the following developments for the month of October 2001: (a) Hongkong and Shanghai Banking Corporation Ltd("HSBC"), one of the Company's principal bankers, has revised the banking facilities to the Company by offering trade facilities amounting to S$700,000 to the Company subject to an equivalent reduction in trade lines by The Development Bank of Singapore Ltd ("DBS"), the Company's other principal bankers. The Letter of Offer had been accepted by the Company on 5th October 2001. (b) Since the last announcement, the Company has been trying to appoint an Independent Financial Adviser ("IFA") as per the requirements of the Listing Manual in relation to the sales and disposal of Collins Office Products International Trading Limited ("COPI") but is not successful as of the date of this announcement. A letter had been sent to the Head of Issuer of Regulations Department (SGX-ST) to seek waiver for the appointment of the IFA. (c) KPMG is continuing in its role as previously stated in the Company's announcements of 6 April 2001 and 1 June 2001. Submitted by Lo Chih-Hao @ Howard Lo, Chief Operating Officer on 31/10/2001 to the SGX |
| (Post 27 of 77) 01/04/2002.08:59:32 |
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NIPPECRAFT LIMITED
REPORT ON PROGRESS OF NEGOTIATION WITH THE COMPANY'S BANKERS AND FINANCIAL LENDERS FOR THE MONTH OF DECEMBER 2001 The Company wishes to update on the following developments for the month of December 2001: (a) Pursuant to our last announcement, the revised banking facilities of both the principal bankers of the Company are now in place. (b) There is no further progress on the disposal of Collins Office Products International Trading Limited ("COPI") since the last announcement. (c) KPMG is continuing in its role as stated in the Company's previous announcements. Submitted by Lo Chih-Hao @ Howard Lo, Chief Operating Officer on 03/01/2002 to the SGX |
| (Post 28 of 77) 05/29/2002.17:30:55 |
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NIPPECRAFT LIMITED
ANNUAL GENERAL MEETING ("AGM") HELD ON 29 MAY 2002 Pursuant to Clause 903(2) of the SGX Listing Manual, we are pleased to advise that all the resolutions as set out in the Notice of AGM dated 7 May 2002 have been passed by the shareholders at the aforesaid meeting. Submitted by Lo Chih-Hao @ Howard Lo, Chief Operating Officer on 29/05/2002 to the SGX |
| (Post 29 of 77) 08/02/2002.08:58:16 |
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NIPPECRAFT LIMITED
REPORT ON PROGRESS OF NEGOTIATION WITH THE COMPANY'S BANKERS AND FINANCIAL LENDERS FOR THE MONTH OF JULY 2002 The Company wishes to update on the following developments for the month of July 2002: (a) The Company had on the 8 July 2002 made a repayment of S$1.0 million to HongKong and Shanghai Banking Corporation Ltd ("HSBC"). HSBC has granted an additional S$500,000 trade facilities to the Company. The Company had on 26 July 2002 made a repayment of S$500,000 to The Development Bank of Singapore ("DBS"). (b) There is currently no progress on the disposal of Collins Office Products International Trading Ltd ("COPI"). (c) KPMG is continuing in its role as stated in the Company 's previous announcement. Submitted by Steven Lim, Director on 01/08/2002 to the SGX |
| (Post 30 of 77) 09/02/2002.17:11:23 |
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NIPPECRAFT LIMITED
REPORT ON PROGRESS OF NEGOTIATION WITH THE COMPANY'S BANKERS AND FINANCIAL LENDERS FOR THE MONTH OF AUGUST 2002 The Company wishes to update on the following developments for the month of August 2002: a) There is no further developments with the banks. b) SGX-ST is currently reviewing the draft circular with regards to the disposal of Collins Office Products International Trading Limited ("COPI"). c) KPMG is continuing in its role as stated in the Company's previous announcement. Submitted by Lo Chih-Hao @ Howard Lo, Chief Operating Officer on 02/09/2002 to the SGX |
| (Post 31 of 77) 09/11/2002.22:03:27 |
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NIPPECRAFT LIMITED
PRESS RELEASE – First half year results for FY2002 General performance at Nippecraft Limited improves despite lower revenue Singapore, 11 September 2002 – Nippecraft Limited, Singapore's leading branded diary and organiser manufacturer, today reported an improvement in the Group's core business performance for the six months ended 30 June 2002 (Non core business ceased transactions from April 2001). Group core revenue reduced to $18.6m in the reporting period as compared to $19.7m in the previous corresponding period. Core earnings from business operations before interest, tax, depreciation, amortisation and minority interest (EBITDA) was $2.2m for the six months ended 30 June 2002 compared to $0.8m in the previous corresponding period. Dr Howard Lo, Nippecraft Limited's Chief Operating Officer said "We achieved considerable efficiencies that would have been impossible if we had not worked hard over the past few years to build strength and flexibility into the organisation. These efficiency gains will enable us to provide better service and be more competitive in the future". Group loss per share narrowed to 0.02 cents compared to 0.71 cents previously. As at 30 June 2002, net tangible asset per share increase to 6.96 cents from 5.79 cents. Despite the improvement in the first half of the year, the business environment remains gloomy and uncertain with more competitive products coming in to vie for the market share of the Group's existing business. As a result, the Group intends to explore the growing market of Personal & Business Information Management (P&BIM) tools by leveraging on Nippecraft's core competencies that includes knowledge of traditional organising tools, dominant market position in Australia/UK/SEA regions, worldwide exclusive right to use Collins brand on dated products and association with new technology partners. However, this new business is intended to commence starting from the last quarter of 2002 and is not expected to have a major impact on the Group's results for 2002. Not withstanding the difficult and uncertain environment, the Directors believe that the Group's full year results for the core business will be slightly better than the previous year. Nippecraft's results for the six months ended 30 June 2002 and supplementary corporate materials are available at www.sgx.com and www.nippecraft.com.sg respectively. For further information, please contact Tricia Lee Tel : 6661 5223 e-mail address : laiyung@nippecraft.com.sg Submitted by Lo Chih-Hao @ Howard Lo, Chief Operating Officer on 11/09/2002 to the SGX |
| (Post 32 of 77) 05/02/2003.10:00:26 |
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This company has reported very good financial numbers for FY 2002. The share price has remained at 4 cents for many months already. It will not take long before investors take notice of this company especially when the financial health of this company has improved tremenously.
NIPPECRAFT LIMITED Press Release - Performance for FY2002 |
| (Post 33 of 77) 05/03/2003.10:18:59 |
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Looking at the numbers again (31 Dec 2002 financial statements)...you'll find that the company is undervalued and the share price undemanding.
a) PE ratio (at $0.055 per share and EPS = 0.75 cents) = 7.33 b) Cashflow negative at $116k due largely to repayment of bank loans and compared to last FY negative cashflow of $4.8m, it is a large improvement. c) Gearing improves to 0.35 d) Net current assets is positive $560k as compared to last FY net current liabilities of $5m e) Net asset value per share at group level has improved to 14 cents and at company level, improved to 13 cents. Based on the current share price of 5.5 cents, it is really undemanding. Looking forward, the directors expect the company to remain profitable. This is definitely a good news for the investors. |
| (Post 34 of 77) 05/03/2003.21:30:02 |
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Investing in small cap companies requires patience. However, if the company that you have invested is a solid company in terms of management, growth, business and financial strength, then, the market will recognise the fundamentals of the company sooner or later and give it due recognition in terms of higher share price. It is just a matter of time. That is my belief..and nippecraft fits nicely to the criteria of a solid company. See my previous postings for more details. |
| (Post 35 of 77) 05/05/2003.21:19:02 |
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While other small cap counters have run-up very fast with high volume today, Nippecraft is still largely ignored as seen by relatively low volume. I think this is the best time to accumulate nippecraft shares as it is still ignored by the market. However, once the market give due recognition to the good financial numbers and fundamentals of this company, its share price will no doubt move up to its intrinsic value.
Please see my past postings on the financial numbers of this company and compared it to those small cap which have run-up today...you will notice that the financial strength of Nippecraft is way ahead of these small cap companies.... |
| (Post 36 of 77) 05/11/2003.16:55:36 |
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It is time to look at fundamentally good stock like Nippecraft which has been ignored despite good financial numbers and results. Posted good profits in 31 Dec 2002 and have net current assets. |
| (Post 37 of 77) 05/11/2003.17:28:59 |
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It ran up from 4 - 7.5 cents. It is still advisable to catch it at the current level or wait?  |
| (Post 38 of 77) 05/18/2003.16:22:19 |
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The counter has consolidated very well with support at 6 cents. But if you read from my past postings, you would realise the reasons for my interest in this counter. Before you invest on this counter, look at the financial numbers reported in their financial statements. If you could, read its annual report to see who are the major shareholders. |
| (Post 39 of 77) 05/21/2003.13:40:53 |
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I think for every stock, there are good and bad points. Did anyone mention that Nippecraft's loans have APP as their guarantors? APP has big debts themselces. I like this stock but with this type of backing, I am very cautious to get in..
They are also into a sunset business only very recently going into some PDA stuff. Still unknown how this will turn out. If the next half they can report good results, then can consider, otherwise it will move only a profitable small cap stock... No vested interest. |
| (Post 40 of 77) 05/29/2003.12:24:58 |
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How could Nippe chiong like tt!! Pure manipulation here..
Pardon me Nippe fans... |
| (Post 41 of 77) 05/29/2003.12:27:48 |
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Richchee,
Look at the financial report of Nippercraft first before making any comments.  |
| (Post 42 of 77) 05/29/2003.12:33:50 |
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Like I said before, there is nothing special. Major backers are APP and you are trying go into PDAs which the company knows nothing of. Report said something try try see how... To me, the movement has nothing to do with fundamentals, perhaps trying to reach NTA value, that's all. Perhaps something else is happening but nothing to do with finanicals. I have checked and checked the financials. |
| (Post 43 of 77) 05/30/2003.09:34:46 |
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Just thought of answering the question but forgot to see the bigger picture... Indonesian stocks are on a roll these few days. Nippe, being tied to APP, enjoys the link. Also, with APP having secured extended period for loan payment, sure Nippe will fly lah!
If you tell me who cares if APP or Indonesia does what, my Nippe is up at least 30%, then of course u r right... but don't tell me to look at the financials of this company first then comment. Nippe is in a sun-set business. Like I said it will run only when people run and not by itself. I always check what I say... Anyway, enjoy the run while it is there... |
| (Post 44 of 77) 05/30/2003.10:13:32 |
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Just one bullet from u led to an artillary bombardment.. Aiyah 'pai say' lah, my tiny stock market ego rearing its ugly head again...
Nippe is really in a sunset biz and frankly if you see what the management, they don't know head/tail where to go... Risky long-term investment.. Anyway, good luck... I am still holding some Nippe at 42cts from the good old days of 2000.. hehee |
| (Post 45 of 77) 05/31/2003.11:12:22 |
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Have divested my interest in this company as the share price is now above its NTA per share. Although the APP has made some progress in negotiating its debts, I do not want to take anymore uncalculated risk especially when most of the counters which have run-up in recent days seems like syndicates pushing the prices. There are no fundamentals in these company just plain speculation. If this goes on, it will be a repeat of a cycle of holding the last ball when the price falls and forceselling emerged.... Good Luck |
| (Post 46 of 77) 05/31/2003.11:40:40 |
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Stevenchoy...there will always be syndicates and traders... they are out there to earn a living in a free market. Like all of us, they also face the tussle between fear and hope/greed. There's no guarantee that a syndicate will win, as another may enter the game - it is a free market. One protection is to have a cut-loss strategy and implement it mechanically come what may. We can recover from a 5%, or even a 10% loss, but don't let it cut to 50% or more as then one would need the share price to at least double to recover. Penny stocks are highly vulnerable and risky as every half cent or cent is already 5% or 10%! I agree that there is more form than substance in those stocks now, and we have to be careful with them.  |
| (Post 47 of 77) 10/11/2003.00:56:39 |
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 Hello all Nipples supporters... I hope that this stock will wake up soon and cheong man... Been holding it for so long. It was stated in the last financial announcement that this quarter and the next will be better and I saw that the new product that they have is really cool and there is no such product in the market yet. Maybe it will have an outstanding quarter this time round? Any comments from Nipples supporters???
I love nipples!!!!! |
| (Post 48 of 77) 10/11/2003.01:02:25 |
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What abt pusssssy?
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| (Post 49 of 77) 10/14/2003.20:24:04 |
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Whatever... as long as they taste nice and good!!! Nipple cheong to $0.15!!!! |
| (Post 50 of 77) 10/14/2003.20:54:29 |
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Buy this stock b4 it rise beyond your reach. These past two days, it has been showing some tendency to surge beyond the resistance of $0.115. Once this level is breached, the next resistance is expected to be $0.13. That's a 10% gain. Provided that the resistance is indeed breached. Otherwise this stock will still fall back to $0.11.
It's recent announcement of changing the company's strategy from manufacturing diary to making technological products such as PDA, might provide a big boost to its profit margin, as currently there are not many similar product to the PDA that they are making. Read Friday's Streats and Thurs' Straits Times for more details of its new product. |
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