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(Post 1 of 128) 12/03/1999.16:37:00 |
| Author : |
TRANSMARCO LTD PROPOSED RIGHTS ISSUE OF SHARES The Directors of Transmarco Limited (the "Company") wish to announce a proposed renounceable rights issue ("Rights Issue") of 13,750,000 new ordinary shares of S$1.00 each in the capital of the Company ("Rights Shares") at S$1.20 per Rights Share. Vickers Ballas & Co Pte Ltd has been appointed by the Company to manage the Rights Issue. PROPOSED TERMS OF THE RIGHTS ISSUE The Rights Issue will be offered on the basis of one (1) Rights Share for every two (2) ordinary shares of S$1.00 each held in the capital of the Company ("Shares") on a date to be determined (the "Books Closure Date"), fractional entitlements to be disregarded, at an issue price of S$1.20 for each Rights Share. The Rights Shares will not be offered to members of the Company ("Members") with registered addresses outside Singapore or who have not, prior to the Books Closure Date, provided to The Central Depository (Pte) Limited or the Company, as the case may be, with addresses in Singapore for the service of notices and documents ("Foreign Members"). The entitlements of Foreign Members will, if practicable, be sold "nil-paid" on the Singapore Exchange Securities Trading Limited ("SES"). Any entitlements of Rights Shares not taken up for any reason will be aggregated and allocated to satisfy excess applications or disposed of in such manner as the Directors may, in their absolute discretion, deem fit in the interests of the Company. The Rights Shares when issued and fully paid will rank pari passu in all respects with the then existing Shares. The Rights Shares will be issued pursuant to a general mandate obtained from Members at the annual general meeting of the Company held on 20 August 1999 to allot and issue Shares not exceeding 50 per cent. of the issued and paid-up share capital of the Company for the time being. The terms and conditions of the Rights Issue are subject to such changes as the Directors may deem fit. Substantial Shareholder's Undertaking Miel Investment Corporation ("MIC"), a substantial shareholder of the Company, which currently has an interest of approximately 65.5% in the issued share capital of the Company, has undertaken to subscribe and pay for (or procure subscription and payment for) entitlements to 9,013,005 Rights Shares representing full entitlements arising from its interests in the Company, under the Rights Issue. In addition, MIC has undertaken to subscribe and pay for (or procure subscription and payment for) all of the remaining 4,736,995 Rights Shares representing the entitlements of the other Members by way of excess application under the Rights Issue. Use of Proceeds The gross proceeds of the Rights Issue is estimated to be approximately S$16.5 million. The Company proposes to utilise the net proceeds of the Rights Issue for the partial repayment of certain existing bank borrowings of Transasia Telecom Limited, a wholly-owned subsidiary of the Company and to provide additional working capital of the Company and its subsidiaries. Pending the deployment of the net proceeds as aforesaid, the net proceeds of the Rights Issue may be deposited with financial institutions and/or used for investment in short-term money markets and/or debt instruments, as the Directors may deem fit. Approvals The Rights Issue is subject to the approval of the SES for the dealing in, listing of and quotation for the Rights Shares. An application will be made to the SES for the dealing in, listing of and quotation for the Rights Shares on the SES. Submitted by Chia Teo Huat, Company Secretary on 03/12/1999 to the SES |
| (Post 2 of 128) 12/03/1999.17:21:00 |
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Singapore Transmarco 1H Losses S$9.6 Mln Vs S$9.3 Mln Transmarco Ltd. - Singapore 1H To Sept. 30: 1999 1998 Net Profit (S$9,566,000) (S$9,319,000) Pretax Profit (16,284,000) (13,406,000) Revenue 53,381,000 50,420,000 Per Share Net Profit (35 cents) (34 cents) Dividend omitted omitted Figures in parentheses are losses. Earnings per share is based on issued share capital. Plans Rights Issue Transmarco Distribution Ltd., a regional telecommunications and retail group based in Singapore, is proposing a renounceable rights issue of 13.75 million new shares, it said Friday. The new shares, to be priced at S$1.20 a share, will be offered on a one rights issue for every two ordinary shares held, it said. Net proceeds will be used to repay existing bank borrowings and working capital, it said. The group posted a net loss of S$9.6 million for the half year ended Sept. 30, compared with a S$9.3 million loss a year ago. Provisions S$16.5M The group said it will make provisions of S$16.5 million for investments in Lanka Bell, its telecom unit in Sri Lanka. "Lanka Bell remains a viable business and we intend to maintain our foothold in Sri Lanka," said Balz Kloti, Transmarco managing director. The group said it expects to report a loss for the current year ending Mar. 31, 2000. |
| (Post 3 of 128) 02/02/2000.09:41:00 |
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TRANSMARCO LTD PROPOSED RENOUNCEABLE RIGHTS ISSUE OF 13,750,000 ORDINARY SHARES OF $1.00 EACH ("RIGHTS SHARES") IN THE CAPITAL OF TRANSMARCO LIMITED ("COMPANY") AT AN ISSUE PRICE OF $1.20 FOR EACH RIGHTS SHARE ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF $1.00 EACH HELD IN THE CAPITAL OF THE COMPANY ("RIGHTS ISSUE") On 3 December 1999, the Directors of the Company announced the Rights Issue, subject to the approval of the Singapore Exchange Securities Trading Limited ("SGX-ST") for the listing and quotation of the Rights Shares. The Board of Directors is pleased to announce that the SGX-ST has on 1 February 2000 granted in-principle approval for the Rights Issue and for the listing and quotation of the Rights Shares. The in-principle approval of the SGX-ST is not to be taken as an indication of the merits of the Rights Issue, the Company or the Rights Shares. Submitted by Chia Teo Huat, Company Secretary on 01/02/2000 to the SES |
| (Post 4 of 128) 03/02/2000.10:54:00 |
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Circular No. LM/318/2000 Subject : TRANSMARCO LTD Renounceable Rights Issue of 13,750,000 new ordinary shares of $1.00 each on the basis of one (1) Rights share for every two (2) existing shares held at $1.20 per Rights share From : Vice President, Trading Management Date : 03/01/2000 Members MUST ask their dealers and remisiers to advise their clients of the following BEFORE executing trades for their clients: - 1. Trading in the above Rights will be listed and quoted in two tradeable board lot in the "Ready" Market as follows: - HP Short Name Abbreviated Name Tradeable Board Lots Transmarco R TMARCOR One board lot will comprise entitlements to subscribe for 1,000 Rights shares at $1.20 per Rights share Transmarco R500 TMAR500 One board lot will comprise entitlements to subscribe for 500 Rights shares at $1.20 per Rights share 2. Investors can trade the Rights through dealers, remisiers and Authorised Trading Centres ("ATC"). In addition to subscribing for their Rights through CDP, CDP Depositors can also subscribe for their rights at the ATCs. Copies of the Abridged Prospectus have been sent to the Members' Announcement Boxes on 1 March 2000. The procedures for trading the Rights at the ATCs together with the list of ATCs are set out in the Abridged Prospectus. 3. Further to Members' Circular No. LM/223/2000, members are hereby advised of the following: - (I) Rights to commence trading : 2 March 2000 (II) Last date for trading of Rights in the Ready and Odd-Lot Markets : 10 March 2000 (III) Last date and time for acceptance, renunciation, excess application and payment : 20 March 2000 (ATM : at 9.30 p.m.) (ATC & Form : at 4.45 p.m.) (IV) Rights to cease trading in the Buying-In Market : 21 March 2000 Last modified by SESXSVR/SESX on 03/01/2000 06:36:16 PM |
| (Post 5 of 128) 03/27/2000.10:35:00 |
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Circular No. LM/507/2000 Subject : TRANSMARCO LTD Renounceable Rights Issue of 13,750,000 new ordinary shares of $1.00 each on the basis of one (1) Rights share for every two (2) existing shares held at $1.20 per Rights share From : Vice President, Trading Management Date : 03/24/2000 Members are hereby advised that an additional 13,750,000 ordinary shares of $1.00 each arising from the above Rights issue will be granted listing and quotation with effect from 9.00 a.m., Monday, 27 March 2000. |
| (Post 6 of 128) 03/30/2000.06:13:00 |
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TRANSMARCO LTD Notice Of Changes In Substantial Shareholder's Deemed Interests . Name of substantial shareholder: Putera Sampoerna Date of notice to company: 29/03/2000 Date of change of interest: 24/03/2000 Name of registered holder:Raffles Nominees Pte Ltd Circumstance giving rise to the change: Rights issue/Bonus issue/Preferential offering No. of shares of the change: 9,917,219 % of issued share capital: 24.04 Amount of consideration per share excluding brokerage,GST,stamp duties,clearing fee: S$1.20 No. of shares held before change: 18,026,010 % of issued share capital: 65.55 No. of shares held after change: 27,943,229 % of issued share capital: 67.74 Note : The above change results from the acceptance of and application for excess rights shares by Miel Investment Corporation pursuant to a rights issue of 13,750,000 new ordinary shares of $1.00 each in the capital of Transmarco Limited. Submitted by Chia Teo Huat, Company Secretary on 29/03/2000 to the SES |
| (Post 7 of 128) 03/30/2000.06:14:00 |
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TRANSMARCO LTD Notice Of Changes In Substantial Shareholder's Interests . Name of substantial shareholder: Miel Investment Corporation Date of notice to company: 29/03/2000 Date of change of interest: 24/03/2000 Name of registered holder: Raffles Nominees Pte Ltd Circumstance giving rise to the change: Rights issue/Bonus issue/Preferential offering No. of shares of the change: 9,917,219 % of issued share capital: 24.04 Amount of consideration per share excluding brokerage,GST,stamp duties,clearing fee: S$1.20 No. of shares held before change: 18,026,010 % of issued share capital: 65.55 No. of shares held after change: 27,943,229 % of issued share capital: 67.74 Note : The above change results from the acceptance of and application for excess rights shares by Miel Investment Corporation pursuant to a rights issue of 13,750,000 new ordinary shares of $1.00 each in the capital of Transmarco Limited. Submitted by Chia Teo Huat, Company Secretary on 29/03/2000 to the SES |
| (Post 8 of 128) 05/03/2000.01:03:00 |
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Is Transmarco still in the telecomunication business? How come the share is still down while the telecommunitions' share bull everywhere? Has Putera Sempurna gone? or broke? remember he bought this company btw 9 - 11. |
| (Post 9 of 128) 06/09/2000.22:32:00 |
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Transmarco yr to March net loss 32.3 mln sgd vs loss 49.17 mln Source : AFX SINGAPORE 19:12 09/06/2000 SINGAPORE (AFX-ASIA) - Transmarco Ltd year to March results: Net loss - 32.3 mln sgd vs loss 49.17 mln Pretax loss - 13.37 mln sgd vs loss 30.20 mln Sales - 100.3 mln sgd vs 99.49 mln Loss per share - 1.17 sgd vs loss 1.79 sgd The company declared no dividend. Transmarco/yr to March results -- 2 (divisional details) The company said it attributes its operating loss, albeit a narrower one, on its telecoms subsidiary Lanka Bell, which recorded a loss of 16.8 mln sgd in the six months to September 1999. It also provided against its net investment and advances to Lanka Bell totalling 16.5 mln sgd. On the other hand, its retail and distribution division managed to increase its pretax profit to 5.5 mln sgd from 1.5 mln, with the footwear business turning around with a 1.6 mln sgd profit from a loss of 1.2 mln sgd a year ago. The company said that apart from the 16.5 mln sgd provision for Lanka Bell, its extraordinary loss of 24.58 mln sgd also included the transfer of exchange translation loss on Lanka Bell's deconsolidation and liquidation of an associated company of 7 mln sgd from the Exchange Translation Reserve account. As a result of Lanka Bell's deconsolidation, Transmarco said its financial performance will no longer be affected by the results of the telecoms company. The company said it expects to return to profitability in the current year. bur/av AFN BYP37-09Jun00 11:16 GMT AFX ; ASIA ; |
| (Post 10 of 128) 06/09/2000.22:49:00 |
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Lanka Bell's deconsolidation by Transmarco is timely amid the tension caused by tamil tigers. there will be a lot of biz disruption around this time in sri lanka. on the technical side, a bullish trend is building up for this counter. its 18-day rsi is now @ 43.8 a sign that it has some room to move up despite its 11cts gain today. the volume today is exceptionally low which makes it not so liquid though. The MACD value has remained above its 15-day moving average (the signal line). it's all pointing upward from here. next resistance level can be seen towards 1.30, which is another 13cts possible gain for this counter. of coz when that really crystalised, be prepared 'bail-out' before too late. pls take note again, this counter has very low volume! |
| (Post 11 of 128) 08/23/2000.23:12:00 |
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A post for SGH to recognise me, lion.  Rdgs |
| (Post 12 of 128) 08/23/2000.23:18:00 |
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Note - the below chart doesn't mean anything, just to let SGH recognise me on IRC. Rdgs |
| (Post 13 of 128) 08/24/2000.08:42:00 |
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May run like Rupiah!!! Invested & waiting for that time. May come right? |
| (Post 14 of 128) 08/29/2000.02:43:00 |
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DISPOSAL OF SHARES IN SUBSIDIARY / ISSUE OF SHARES BY SUBSIDIARIES The Board of Directors of Transmarco Limited (the "Company") wishes to announce that the Company, Transmarco Concepts Pte Ltd (the "Singapore Subsidiary") and Transmarco Concepts Sdn Bhd (the "Malaysian Subsidiary"), wholly-owned subsidiaries of the Company and Mr Antonius Sutanto (the "Purchaser"), the managing director of the Singapore Subsidiary and the Malaysian Subsidiary (collectively, the "Subsidiaries" and each a "Subsidiary"), have entered into an agreement today (the "Agreement"), whereby:- (a) the Company has agreed to sell to the Purchaser 1,500,000 ordinary shares of S$1.00 each in the capital of the Singapore Subsidiary (the "Sale Shares"), for an aggregate consideration of S$5,800; (b) the Purchaser has agreed to subscribe and pay for and the Singapore Subsidiary has agreed to allot and issue to the Purchaser 300,000 ordinary shares of S$1.00 each in the capital of the Singapore Subsidiary (the "Singapore Shares"), at a premium of S$0.56 per Singapore Share and for an aggregate consideration of S$468,000. Upon completion of the transactions in paragraph (a) above and this paragraph, the Purchaser will hold 36% of the enlarged issued share capital of the Singapore Subsidiary ; (c) the Purchaser has agreed to subscribe and pay for and the Malaysian Subsidiary has agreed to allot and issue to the Purchaser 900,000 ordinary shares of RM1.00 each in the capital of the Malaysian Subsidiary (the "Malaysian Shares"), representing 36% of the enlarged issued share capital of the Malaysian Subsidiary, at a premium of S$1.11 (equivalent to approximately RM2.46) per Malaysian Share and for an aggregate consideration of S$1,409,000 (equivalent to approximately RM3,116,000) based on an exchange rate of S$1.00:RM 0.4522; and (d) the Purchaser has agreed to contribute to the Singapore Subsidiary the sum of S$1,000,000 as a shareholder's loan (the "Loan"), (collectively, the "Transactions"). The consideration for the Sale Shares was arrived at based on the net tangible asset value of the Singapore Subsidiary of S$18,000 as at 31 March 2000 after taking into account the 3,700,000 ordinary shares of S$1.00 each issued by the Singapore Subsidiary in June 2000. The subscription price for the Singapore Shares was determined on the basis of a price-earnings ratio of 3.9 times (arrived at on a willing-buyer and willing-seller basis), based on the audited profit after tax of the Singapore Subsidiary of S$333,000 for the financial year ended 31 March 2000 and after taking into consideration the sale of the Sale Shares. The subscription price for the Malaysian Shares was determined on the basis of a price-earnings ratio of 3.9 times (arrived at on a willing-buyer and willing-seller basis), based on the audited profit after tax of the Malaysian Subsidiary of S$1,004,000 (equivalent to approximately RM2,220,000) for the financial year ended 31 March 2000. Interest will be charged on all shareholders' loans granted to the Subsidiaries at the prevailing prime lending rate of the largest local bank in Singapore (in the case of the Singapore Subsidiary) or in Malaysia (in the case of the Malaysian Subsidiary). The completion of the Transactions ("Completion") is conditional upon all relevant consents, waivers and approvals as may be required from any governmental or regulatory or other authority in Singapore, Malaysia or elsewhere or any third party for the Transactions. Upon Completion, the Company's shareholding in the issued share capital of each of the Subsidiaries will be reduced from 100% to 64%. Under the Agreement, the Purchaser has granted to the Company a call option (the "Call Option") to purchase all of the Sale Shares and the Singapore Shares (collectively, the Singapore Option Shares") and the Malaysian Shares (the "Malaysian Option Shares"). The price payable for the Singapore Option Shares and the Malaysian Option Shares is determined by reference to the net tangible asset value of the relevant Subsidiary, or a price-earnings ratio of 3.9 times (in each of the foregoing cases, based on the latest audited accounts), or in the event that the shares of the Singapore Subsidiary or the Malaysian Subsidiary are listed on the Singapore Exchange Securities Trading Limited, the Kuala Lumpur Stock Exchange or any other stock exchange, the weighted average transaction price per share of the relevant Subsidiary on the five (5) days (on which such shares are traded) immediately preceding the date of service of a notice exercising the Call Option, whichever is higher. The Call Option is exercisable at any time during the period commencing from the date the Purchaser ceases to be a managing director or director of either Subsidiary for any reason whatsoever and expiring at 5.00 p.m. on the date falling one (1) month after the date of such cessation. The Subsidiaries hold the distribution licence for the Hush Puppies brand of footwear and accessories. As licensees of the Hush Puppies brand of footwear and accessories, the Subsidiaries design, retail and distribute in Singapore, Malaysia and Brunei a wide range of dress shoes for men and ladies as well as contemporary casual wear for the young and trendy. The distribution licence expires in December 2004. The Purchaser has been the managing director of the Subsidiaries since November 1998. Under his management, the Subsidiaries achieved an 82% increase in turnover, by S$6.9 million to S$15.2 million for the financial year ended 31 March 2000. The Transactions which will give the Purchaser a 36% interest in the issued share capital of each of the Subsidiaries, are intended to encourage the Purchaser to make greater contributions to the business of the Subsidiaries. In addition, the proceeds of the issue of the Singapore Shares and the Malaysian Shares will be used to expand the business of the Subsidiaries. The proceeds of the Loan will be used to repay outstanding loans owed by the Singapore Subsidiary to the Company. As the Transactions are made on the premise that the Purchaser will continue to manage the Subsidiaries, the Company has obtained the Call Option to buy back the shares in the Subsidiaries in the event that the Purchaser ceases to be the managing director or a director of the Subsidiaries. Based on the audited financial statements of the Company and its subsidiaries (the "Group") for the financial year ended 31 March 2000 and on the basis that the financial statements of Lanka Bell (Private) Limited are not consolidated into the financial statements of the Group, upon the completion of the Transactions, the net profit before tax of the Group will be reduced by approximately 10.09% from S$3.440 million to S$3.093 million and the earnings per share of the Group will be reduced by approximately 12.56% from 8.44 cents to 7.38 cents. The Transactions are not expected to have a material effect on the net tangible assets per share of the Group for the financial year ending 31 March 2001. None of the directors or substantial shareholders of the Company has any interest, direct or indirect, in the Transactions. Submitted by Chia Teo Huat, Company Secretary on 28/08/2000 to the SGX |
| (Post 15 of 128) 09/04/2000.22:14:00 |
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Dump their share, all most subsidiary lossing their profit. Lanka bell will continue to fall, retail business not performing and their Indonesia sugar daddy is burning their pocket every day. The data systems typical box mover and cant even do a proper integration. Lotsa senior sales person left and the company will continue to perform badly!! keep their share somemore and have good faith, let see how long u can hold. That a look at the joke website www.transmarco.com.sg cant compete with UIC, JOS or ST computer.. look at their share performance chart for god sake! |
| (Post 16 of 128) 11/21/2000.02:58:31 |
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Transmarco H1 to Sept net profit 0.98 mln sgd vs loss 9.57 mln
SINGAPORE (AFX-ASIA) - Transmarco Ltd first half to September results: Net profit - 0.98 mln sgd vs loss 9.57 mln Sales - 47.31 mln sgd vs 53.38 mln Opg profit - 1.74 mln sgd vs 1.28 mln EPS - 2.37 cents vs loss 34.79 cents Interim dividend - nil, unchanged The group said that it expects performance in the second half to remain satisfactory. |
| (Post 17 of 128) 02/27/2001.15:28:40 |
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Step 1. I like Trans marco rally v much...
May board into it soon... |
| (Post 18 of 128) 06/19/2001.21:16:53 |
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Hi all,
Still remember the Transmarco?? I think this giant is beginning to awake! Something is going to happen soon. Tip: It is going to play soon Happy investing.  |
| (Post 19 of 128) 06/19/2001.21:30:49 |
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Donthong, Yes I do remember , I bought this counter sometime in 1998 or 1999 with the price tag of $3.00+. But eventually sold it off with loss. |
| (Post 20 of 128) 06/19/2001.22:14:41 |
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Hi,
If I remember correctly, this counter actually rose from $0.90 to a unimaginable level of >$10.00. ( I am not joking, I think only the old timer will remember this). Sad to know that you lose some money on this counter. But pls don't be dishearted. This counter actually starts to nibbles. One words of caution to all investors, you need to pick up this counter becos its scripts have been controlled. Happy investing  |
| (Post 21 of 128) 06/19/2001.23:01:04 |
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Parkway calling for EGM on 4th of July.....fireworks or what? Anyone with news???? |
| (Post 22 of 128) 06/20/2001.14:30:02 |
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has anyone paid attention to this counter?? I have. 2 days ago already started moving from .60 over cents and now is moving towards 1.00 region though the volume is small. |
| (Post 23 of 128) 06/20/2001.18:34:36 |
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Hi all,
My prediction finally came thru'. This gaint has just woke up after 2 long years and it is not over yet. Pls note that it's script is tightly held and do not try to short. This not Tianjin scenario in making. If I'm not wrong, it will still move tomorrow. The more you don't believe, the more it will move upwards. Happy investing.  |
| (Post 24 of 128) 06/20/2001.18:36:56 |
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Donthong,
Congrats - this is really one powerful move. But volume rather pathetic so can fall back easily. |
| (Post 25 of 128) 06/20/2001.18:49:46 |
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Hi Entropy,
Thanks. Transmarco is a highly not liquid stock. Thus it can be very powerful both in increase and decrease of stock price. However, I believe that the show is not over yet (for the time being). I seen it with my own eyes in 1997 or 1998 that it actually rose from $0.90 to >$10.00 (I'm not joking). Hope that history might repeat itself. Words of caution: 1. buy only when it retreats 2. follow the crowd only you are monitoring the stock yourself 3.do not short. Happy investing  |
| (Post 26 of 128) 06/20/2001.20:21:34 |
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This is one of the once in a while counter, it shines for a while, and after that goes into a deep and long slumber.
i rembered buying this counter @0.70cents and selling it @ $2/- and seeing it shooting all the way up to the $10/- region, i dont think that type of performance will be repeated. not an inducement to buy or sell. Have a Great and Wonderful Day |
| (Post 27 of 128) 06/20/2001.22:22:53 |
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The King Of Indon stocks is awake. Those who short will
pay a hefty price. When the King move, so will be other Indon stocks. Nippecraft and L & M might be the next to follow. Trade with care. |
| (Post 28 of 128) 06/21/2001.09:37:27 |
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Look out for Transmarco and Nippecraft. |
| (Post 29 of 128) 06/21/2001.10:22:07 |
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Wah! this mad horse is alive again. Last time L&M and VDH (now suspended) always moves in tandem with this counter. Watch out forL&M. |
| (Post 30 of 128) 06/21/2001.19:28:21 |
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Hi all,
Believe or not, if transmarco breaks the 52 weeks high of $1.55 then it's the sky the limit. The show is not over yet, more upside is expected. (personal view) Happy investing |
| (Post 31 of 128) 06/21/2001.19:50:58 |
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This company took over by Indonesia at S$14. Anyone knows who owns this company now? What is the company's core business nowadays? It used to be deal with luxury retailing like diamond, jewelry etc, also involved in telecomunition. I bought some for six months and see what happen. |
| (Post 32 of 128) 06/21/2001.19:59:18 |
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I love transmarco! |
| (Post 33 of 128) 06/21/2001.23:32:26 |
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Will there be an Indon Play? Look out for Indon counters.
Might be worth your while. Bot some Nippecraft. |
| (Post 34 of 128) 06/21/2001.23:39:38 |
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Surging but so few sellers. Is all in tight hands ? |
| (Post 35 of 128) 06/21/2001.23:41:45 |
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There are very few free float shares in the market. More than 95% held by top 20 shareholders. very easily manipulated. |
| (Post 36 of 128) 06/22/2001.00:56:05 |
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Hope these shareholders get in push the share too..Hey you guys, dont you want your share back to half the glorious days it had??? |
| (Post 37 of 128) 06/22/2001.23:52:17 |
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This baby has just began. Today is only profit taking. Will continue to creep up in low volume until enough shares are accumulated. Then boom town. Cheers! |
| (Post 38 of 128) 06/22/2001.23:56:46 |
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hi Ticketboy,
Glad to see someone like me interested in this stock. I am accummulate this stock...got 6 lots today |
| (Post 39 of 128) 06/23/2001.00:01:16 |
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Don't understand crazy price volatility here!! |
| (Post 40 of 128) 06/23/2001.00:01:33 |
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Hi Kevin,
This counter has been inactive for months with long periods where there is no trade at all. With this sudden surge in price on this price, this baby is definitely going to go higher places. Cannot buy too many. I bought 5 lots at 1.28 yesterday. going to pick it up. Wait for at least $3 b4 i sell. No smoke without fire. Someone is accumulating it as there are very few shares in the mkt. More than 95% of it are in the hands of the top 20 shareholders. cheers! |
| (Post 41 of 128) 06/23/2001.00:26:42 |
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link island ??? |
| (Post 42 of 128) 06/23/2001.00:31:48 |
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Mamasan,
Trans is a Indonesian company unlike LI. SGX has no right to question. |
| (Post 43 of 128) 06/23/2001.00:36:01 |
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Mamasan,
Links Island went up on tremendous volume, suckering retail investors along the way. Transmarco went up on low volume, hence people are not too concern with the counter especially with so much M&A and hina plays.  |
| (Post 44 of 128) 06/23/2001.00:39:13 |
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If SGX cannot "protect " the investor. then I am "scared". |
| (Post 45 of 128) 06/23/2001.00:39:41 |
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Was watching this counter from the opening bell. One of the first few lots to be done was at $1.37, about an hour later, it dropped to the intra-day low of $1.16. Ouch, that must have hurt (I felt the buyer's pain)!
It is in overbought territory, RSI > 80, and I think there may be some further downside next week. I'm keeping an eye on this counter for possible inclusion into my portfolio if or when the price falls to a more reasonable level. If it runs away, I doubt if I'll chase it, apart from this week, the general liquidity is very poor, too many shares in too few hands. |
| (Post 46 of 128) 06/23/2001.00:42:53 |
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Hello Kelvinsan,
> Trans is a Indonesian company unlike LI. SGX has no right to question. I cannot agree with that statement. As long as Transmarco is listed on the SGX, SGX has every right to question it on any irregularities. |
| (Post 47 of 128) 06/23/2001.01:09:06 |
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Been watching this counter too. Accumulate some shares and also
Nippecraft. I think there will be an upward movement soon enough. |
| (Post 48 of 128) 06/23/2001.13:01:58 |
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Hi Transmarco lovers,
There is a chinese saying: "No wind will not create waves" Beware! something strange is brewing. I will start bargain hunting on Monday (taking advantage of DJI down of 110 pts). Happy investing |
| (Post 49 of 128) 06/23/2001.13:22:55 |
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Sure. Bring up the the px to sell to contra players and thks to contra players the px will go back to square one and stay long long there. Too risky.  |
| (Post 50 of 128) 06/23/2001.13:53:07 |
| Author : |
Hi,
I guess some of you have not seen the power of Transmarco yet. Ask any oldtimers in the street and they will enlighten you. Trust me! See it yourself the price of Transmarco in 2 weeks times. Volume is building up and price is consolidating. Happy investing |
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