Now Tan Chong grand daughter is having 9% in Flonic. Last purchase price is 0.15. Something is brewing. I'm going in on Tuesday. Next hurdle will be 0.185. I think there will be a change in biz direction soon. It should be connected to Tan Chong biz.
From earlier posting by williamt9108 and appeared in newspaper:-
In 2010, Nagendran disposed of his 19% stake in Perisai to HCM Logistic Ltd, a subsidiary of Singapore-listed Ezra Holdings Ltd.
Nagendran is known to be a savvy investor and an oil and gas heavyweight. He also reportedly holds a stake in South-East Asia’s first special purpose acquisition company - Hibiscus Petroleum Bhd.
Whether or not he eventually emerges in Flonic, it is no surprise that questions are already being raised as to whether or not Flonic could potentially tap and diversify into the oil and gas industry.
dont say missed the boat..you still can enter as long as the price 0.185...but if this price broke down...then its hard to follow....last week the price around 0.15....but when it break down the 0.15 then fly again....now stuck at 0.185...mybe on thursday fly again....this is from the TA anylsys...juzt my opinion...i was buying quite lot of this share at 0.150 then sell to take profit...and today buy back ...coz i saw the potential of this company....have a nice trading to all....
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
keyin
2,150 posts
Posted by keyin > 2013-08-08 19:46 | Report Abuse
Hoo ann teo, good or bad news?
What your tp