EOD Update (29 August 2006)

LIONDIV rose 24c to 4.62 today (high 4.64) before suddenly being suspended. This followed the suspension of its PRG subsidiary on the HKSE. From the announcement, it seems there will be a share placement of PRG shares to a new investor which is considered to be of a "price-sensitive nature". Not sure what this ultimately means, but could be the potential entry of some big-wig fund or strategic investor. Will just have to wait for further announcements, but whatever is coming should be good.

PWORTH finally managed to close above 0.60 (at 0.605) ... looks like more upside to come at last.

Latest purchases:

ROHAS: +2,000 (1.04) ... Total 6,000

TOMYPAK: +12,000 (0.49), +3,000 (0.50) ... Total 15,000

Latest disposal:

MIDF: -3,000 (0.985) ... Balance 0 (Finally forced myself to get rid of the last of this, not going anywhere for the longest time already)


/ichithekiller