InnoTek    Last:0.365    -0.005

INNOTEK LIMITED

Don't worry, you are not alone but I do not buy & wait there. Always buy at 0.60 and sell around 0.615 or 0.62 take some quick profit since it is trending sideways for so long. However, can see that it is really stable when times of correction. Now market still unstable, only 10% of the shares can earn some coffee money, so must choose carefully.

 

We use 2 call " BBs" as 大 鱼 , 庄 家 , Retail Investmt Companies, Fund Mgrs  & Big Boys.

Whether Meiban Gp'll give CDs tis yr. Muz wait tis mth announcemt liao...

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tea444u      ( Date: 17-Feb-2011 22:22) Posted: oic...interesting ah...i checked the translation..in bankers hands...or like you explained in bbs hands...wow..exciting times ahead...so I should not run road first ah?   does meiban gif dividens

 

oic...interesting ah...i checked the translation..in bankers hands...or like you explained in bbs hands...wow..exciting times ahead...so I should not run road first ah?

 

does meiban gif dividens 

 

All Innotek's tickets r @ BBs' hand.
Dat's y vol. v less.
If vol. huge, we muz careful liao...

As 4 Meiban Gp. Even if STI slowly slowly drop till 2,800pts fm now.
I'm still not worried cos Meiban Gp din  climb much.
So drop oso wun drop much.


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tea444u      ( Date: 17-Feb-2011 22:09) Posted: Hi Mr Bon... I am sorry I dont read Chinese...is it you mean all tickets sold out?   today your Meiban strong at 31!

 

Hi Mr Bon...

I am sorry I dont read Chinese...is it you mean all tickets sold out?

 

today your Meiban strong at 31! 

 

tea444u,

Did u realize Innotek nowaday vol. v low???
Do u noe y???

Cos all tickets r @ 庄 家 手 上 !!!

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tea444u      ( Date: 17-Feb-2011 21:23) Posted: anyone bought more ?

 

anyone bought more ?

 

No one else holding this stock here but me???hellooooo...come chit chat innotekians???

 

Bought more. Now wait for dividend announcement. really hoping they gif special dividend on top of regular one. IA. 

 

Mr Bon,

Today i panicked after my broker panicked and sold most of my high priced ones .got profit of 34 dollars ni, from what could haf

been 2k plus for the lot.i still haf 30 lots at low .

I need your kind opinion.

Can I buy more at this price level?

Thank you.

In fctm I had quickly diverted the monies into keppel corp but thinking perhaps it best to go back to innotek.

really disappointed with myself. 

 

tea444u,

Meiban Gp's hving dwn trend now.

Recently Meiban Gp has Daily Share buy back @ 0.310.

& STI today dropped -47.17pts. Meiban Gp's px still @ ard 0.305 - 0.310.

Drop not much, so I'm not worried...

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ok thanks Mr Bon. I hope inotek go up tomorrow and your meiban too,

 

I din c BBs run fm Innotek.

So no worries...

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tea444u      ( Date: 10-Feb-2011 17:49) Posted: wah good   on you ...but how still ok boh?need to worried?

 

wah good   on you ...but how still ok boh?need to worried?

 

Bingo!!!

 

• open 0.620 = was  0.615 (0.005 diff)
• high 0.635 = was 0.630 (0.005 diff)
• low 0.605 = was 0.610 (0.005 diff)
• close 0.610 = correct close 0.610

 

 

Code	Stock Name	Rmks	Open	Last		Chng	%Chng	Vol	BuyVol	Buy	Sell	SellVol	High	Low	Prev	M	Sector	Cur	Mkt	Off Code	Feed Code
.FTSTI	STRAITS TIME IDX	CLS	3135.88	3103.39		-47.170	-1.5	462,327.4	--	0.00	0.00	--	3141.16	3096.70	3150.56	--	--		SGX	.FTSTI	.FTSTI
M14	InnoTek	--	0.615	0.610		-0.010	-1.6	1,770	216	0.610	0.615	78	0.630	0.610	0.620

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Bon3260      ( Date: 09-Feb-2011 19:53) Posted: Innotek close 0.620 today. Chart shown uptrend. But RSI 70%. If I'm not wrong. Tmr Innotel'll behave as follows open 0.620 high 0.635 low 0.605 close 0.610 ('',) If 0.635 can break, 0.700 shd b no problem...

 

I hope tomorrow it close at 63.

 

Innotek close 0.620 today.
Chart shown uptrend. But RSI 70%.


If I'm not wrong. Tmr Innotel'll behave as follows

• open 0.620
• high 0.635
• low 0.605
• close 0.610

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If 0.635 can break, 0.700 shd b no problem...

 

I know nothing about the technicals, but the fundamentals look pretty good.   Innotek posted 5.97c of EPS in the first nine months of this year, including 1.98c in Q3.   Management statement expects lower Q4 earnings, so assume only 1c of eps in Q4, for a total of 7c of EPS or a PE of 8.8x. Not too expensive. 

  Sales grew 18% in the first nine months, but profit grew 199% due to excellent cost control, and despite pressure from a weaker USD.

On book value, it has book value of 84.8c, so is trading at 0.72x book. 

On the dividend, it has S$50mn of net cash, so can easily afford to keep paying big dividends.   

 

 

thank q. i hope it is for real this time. volume picking up too... wish me luck!

 

Congrats for being patient. This time should be coming for real, may be explosive soon since it break the 0.60 strong resistance.

tea444u      ( Date: 08-Feb-2011 23:51) Posted: still holds true   i hope? otherwise ta can throw into longkang. eeming45      ( Date: 31-Dec-2010 01:37) Posted: buy at 0.57-0.58 n hold... a very gd resistance at 0.59... once break sky high again.