Wednesday, October 28, 2015

HTL International - Share price jumped 97% in one day

HTL has been one of my "boring" counters for many years. The share price has been quite stagnant, even on a declining trend. I keep it for it still pay dividend every year (except this year), and the NAV has stayed steady so far. Few days ago the trading was halt.

Today the company made and announcement that they have signed an MOU with a company from Shenzhen on "business transaction that will unlock shareholders' value" and lifted the trading halt.

When the market closed this evening HTL share price jumped 23.5 cents, or 97.92%! This is good news to all patient supporters of this counter. Huat Ah!

11 comments:

general manager said...

Thanks for sharing,
"paisaxpaisa"

B said...

Congrats Sanye on the huge gains.

B said...

Congrats Sanye on the huge gains.

Sanye ◎ 三页 said...

Thanks B for dropping by. The price of this counter is stilling swinging. It seems to stabilise at 40 cts this morning. Will wait and see.

Low Paul said...

Wow..can treat your family to a well deserved makan!

General Manager said...

Thanks you for sharing this helpful article,..it's very useful,.
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Sanye ◎ 三页 said...

Some comments, I don't know, whether is a comment or just an advertisement. LOL.

Anyway, it is reported in the newspaper that HTL might be taken over by a Chinese Company.

Anonymous said...

Any idea what's the NAV of this counter? Hope to offload at my buying price.

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