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Post by odie on Nov 1, 2015 6:13:54 GMT 7
source: shareinvestor CMC Infocomm Limited was incorporated in Singapore on 16 March 2015 under the Act as a private company limited by shares, under the name "CMC Infocomm Pte. Ltd." and converted into a public limited company on 14 July 2015. The Company is the holding company of its subsidiaries, CMCC Singapore, CMCC Thailand and CMCC Philippines. The Group is a regional integrated and innovative communications solutions and services provider with operations in Singapore, Thailand and the Philippines. They have more than 20 years of experience in the telecommunications industry and have since 2011 completed over 80 projects in Singapore, Thailand, the Philippines and Malaysia. Leveraging its technical know-how and expertise in communications solutions, they are able to provide and offer integrated and innovative communications solutions and services to communications network operators and communications network equipment vendors to suit the evolving needs of mobile device users. Their comprehensive solutions and services encompass a wide spectrum of solutions and services in the telecommunications value chain. This includes the planning, design and building of mobile network infrastructure, enhancing the coverage and performance of existing mobile networks and improving compatibility with future communications technology advancements. Through its solutions and services, they provide seamless access to wireless connectivity to mobile device users. Its business is divided into four main segments as follows: a) In-Building Coverage; b) Outdoor Construction; c) Telecommunications Implementation; and d) Maintenance Services. www.bloomberg.com/quote/CMC:SP
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Post by zuolun on Nov 2, 2015 8:17:07 GMT 7
CMC Infocomm ~ FA and TA both suggest that this is a stock to avoidSmall retail investors who bought the CMC Infocomm shares at IPO price @ S$0.25 per share are sitting ducks now.
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Post by odie on Nov 2, 2015 8:28:34 GMT 7
zuolun bro,
the spread is very big 14.2 to 16.1
on some days, there is no volume
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Post by zuolun on Nov 2, 2015 8:35:21 GMT 7
zuolun bro, the spread is very big 14.2 to 16.1 on some days, there is no volume odieWide spread, thin volume and difficult to buy/sell (trade); these are typical characteristics of severe illiquid stocks. These dead stocks have no cheng kay inside, it means you're playing with all the losers and your money could be stuck there for many years.
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Post by odie on Nov 2, 2015 14:09:16 GMT 7
spread now 14.5 to 15.5
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