The Edge, Oct 2013: "DATUK Azlan Hashim, Datuk Jared Lim and Ng Teck Wah, the trio who control 53% of beaten down SGX-listed Asiansons Capital Ltd, had a palpable disappointment when informed during an interview on Wednesday that the share price of their stock had hit a low of 10.2 cents that very moment.
Asiasons, along with two other Malaysian-controlled, SGX-listed companies Blumont Group Ltd and LionGold Corp Ltd, have seen their shares in somewhat of a freefall since Oct 3. Their shares were subsequently placed on trading restrictions by the stock exchange which exacerbated the situation. However on Friday evening, the SGX said it was removing the trading restrictions on Monday. This could possibly lead to the share prices of all three appreciating although some brokers warn that there will continue to be some level of selling pressure. Asiasons closed at 12.8 cents on Friday.
On some days since the trading restrictions, Asiasons shares did seem to be making small recovery steps but the 10.2 cents price on Wednesday is prove that there’s still a lot of selling going on.
Lim recalls one such instance. “A friend of mine, who I had not heard from for the last five years, called me up and said: ‘Jared, I’m taking S$2mil of my money to go to my broker to buy your stock because I believe in your guys’,” says Lim. [ POSTSCRIPT: Friend already LOST every cent of his S$2 mil if he kept his Asiasons-changed-name-to-Attilan shares!]
Indeed, if there’s one point that Lim, Azlan and Ng are trying to expound, it is this: the collapse of Asiasons’ share price does not mean that the company is on the verge of collapse.
The three insist it is business as usual for the existing portfolio of assets that are owned and managed by Asiasons. Some of them are showing promise." [POSTSCRIPT : The company eventually fell to 0.01c in 2015, changed its name to Attilan, actually collapsed & was DELISTED]
This guy's reputation for big talk but no delivery: read this interview after the initial crash of his Asiasons but before the delisting & sinking into the ocean of this 'fund manager': https://www.valuebuddies.com/thread-5644-post-93749.html
jasontan1177 Wah technaX need to give you top promoter medal jor. 19/12/2020 9:54 AM
jasontan1177 Agree with pang. We play goreng share. Jared lim ada big buaya la. Smart people dance with buaya. Aiyooo Di mana ala wave .di situ ala pang.
Kikikiki 19/12/2020 9:57 AM
IT IS DIFFERENT TODAY BECAUSE OF ENERGY STORAGE WORLD ONLY TECHNOLOGY FROM HUAAN!!
Technax please consider to cancel sellig off the metallurgy coke biz. This coming 4 quarters can potentially bring in more than 100 m profit for the comp. Everyday up the coke price
You know why they are the ONLY makers of ruthenium oxide capacitors? Because it's NOT ECONOMICALLY VIABLE after being discovered over 30 years ago:
"Brian Evans Conway, professor emeritus at the University of Ottawa, worked on ruthenium oxide electrochemical capacitors from 1975 to 1980. In 1991 he described the difference between supercapacitors and batteries in electrochemical storage, giving a full explanation in 1999 while coining the term supercapacitor again.
Products and markets grew slowly with product names such as Goldcaps, Dynacap and PRI Ultracapacitor, the latter being the first supercapacitor with low internal resistance developed in 1982 by Pinnacle Research Institute (PRI) for military purposes.
Relatively recent developments on the market include lithium-ion capacitors which dope the activated carbon anode with lithium ions. These have capacitances in the thousands of farads (4-digits) at around 2.7V."
Ruthenium is a very RARE earth metal(rarer than GOLD) used in tiny amounts to allow platinum & titanium. Economically viable makers use lithium because it's most cost-effective. Look at the price of Ruthenium:
Metal costs, as a percentage of total cost of goods sold, can be as much as 25 percent in large runners like MLCCs and thick film chip resistors. Therefore, price increases of 21 percent for palladium, 41 percent for nickel and 380 percent for ruthenium are impacting the overall cost of production for specific large-volume components."
The largest makers of ultracapacitors are: 1. Celergy 2. Ioxus 3. Maxwell Tech 4. Murata Manufacturing of Japan.
No cipalak fly-by-night Techna-X is gonna compete with them!
Super or Ultracapacitor manufacturing is a very CROWDED biz!
Top 12 makers: Country Founded CapEx Revenue
1 Cellergy USA 2002 NA NA 2 Ioxus USA 2007 $160.1 Million NA 3 Maxwell Technologies USA 1965 NA $130.4 Million 4 Murata Manufacturing Japan 1944 NA NA 5 Nanoramic Laboratories USA 2008 $9 Million NA 6 Nec Tokin Japan 1938 NA $24.0 Billion 7 Nippon Chemi-Con Japan 1931 NA $1.02 Billion 8 Panasonic Japan NA $71.8 Billion 9 Paper Battery Company USA 2008 $5.7 Million NA 10 Skeleton Technologies Estonia 2009 $53.8 Million NA 11 Yunasko UK 2010 NA NA 12 ZapGo UK 2013 $18.2 Million NA
It's like trying 2 sell gold-leaf sushi(which was actually made during the famous Bubble Economy Era in Japan in the late '80s) for US$500 a roll when you can buy just-as-tasty sushi for less than $10 a roll!
pang72 jasontan1177 Technax please consider to cancel sellig off the metallurgy coke biz. This coming 4 quarters can potentially bring in more than 100 m profit for the comp. Everyday up the coke price
"Nearly every major automaker is taking transportation electrification seriously, and they are investing heavily in the technology," the report said. "Across the industry, automakers will invest $300 billion over the next five to 10 years on EV development and production. Tellingly, nearly half of this investment spending will occur in China—an indicator of where the industry believes demand will be."
Dompilee, don't waste your time talk east talk west talk cxxk here... On Monday, our group of investors will pump in another 50 million units for Techna x and push the price up again.. There is not s damn thing u can do about it Mr Dompilee..!
DEBUNKING THE MYTH ABOUT RUTHENIUM OXIDE (RuO2) USED FOR SUPER CAPACITORS & ULTRA CAPACITORS
1) GETTING THE FACTS RIGHT BETWEEN THE EXPENSIVE RUTHENIUM OXIDE (RuO2) AND ITS CHEAPER RuO2‐BASED NANOCOMPOSITES (i) CON - Ruthenium dioxide (RuO2), owing to its high theoretical specific capacitance value (1400–2000 F g−1), has been extensively recognized as a favourable material for supercapacitor devices, but high production cost and agglomeration effects stand as high barriers preventing marketable usage. (ii) PRO - To overcome the high costs, etc that prevent mass production...."Consequently, RuO2‐based nanocomposites have been widely studied to optimize the material cost, with simultaneous improvement in the electrochemical performances." https://chemistry-europe.onlinelibrary.wiley.com/doi/10.1002/celc.201900668
2) FURTHER UNDERSTANDING ON THE VIABILITY OF RuO2-BASED NANOCOMPOSITES The excellent electrochemical performance of RuO2-carbon nanofibers is mainly attributed to their large surface area with many mesopores as well as their electroactive functional sites, which have the appropriate degree of crystallinity. Therefore, a larger mesopore volume and low-dimensional RuO2 nanorods on carbon nanofibers are beneficial for low internal resistance, leading to ion charge diffusion and charge storage in the bulk of amorphous material. https://pubs.acs.org/doi/10.1021/acsanm.0c00579
Remark – Techna-X is the next Tesla in the making!!! [TAYOR]
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....
dompeilee
11,888 posts
Posted by dompeilee > 2020-12-19 08:29 | Report Abuse
The Edge, Oct 2013:
"DATUK Azlan Hashim, Datuk Jared Lim and Ng Teck Wah, the trio who control 53% of beaten down SGX-listed Asiansons Capital Ltd, had a palpable disappointment when informed during an interview on Wednesday that the share price of their stock had hit a low of 10.2 cents that very moment.
Asiasons, along with two other Malaysian-controlled, SGX-listed companies Blumont Group Ltd and LionGold Corp Ltd, have seen their shares in somewhat of a freefall since Oct 3. Their shares were subsequently placed on trading restrictions by the stock exchange which exacerbated the situation. However on Friday evening, the SGX said it was removing the trading restrictions on Monday. This could possibly lead to the share prices of all three appreciating although some brokers warn that there will continue to be some level of selling pressure. Asiasons closed at 12.8 cents on Friday.
On some days since the trading restrictions, Asiasons shares did seem to be making small recovery steps but the 10.2 cents price on Wednesday is prove that there’s still a lot of selling going on.
Lim recalls one such instance. “A friend of mine, who I had not heard from for the last five years, called me up and said: ‘Jared, I’m taking S$2mil of my money to go to my broker to buy your stock because I believe in your guys’,” says Lim. [ POSTSCRIPT: Friend already LOST every cent of his S$2 mil if he kept his Asiasons-changed-name-to-Attilan shares!]
Indeed, if there’s one point that Lim, Azlan and Ng are trying to expound, it is this: the collapse of Asiasons’ share price does not mean that the company is on the verge of collapse.
The three insist it is business as usual for the existing portfolio of assets that are owned and managed by Asiasons. Some of them are showing promise." [POSTSCRIPT : The company eventually fell to 0.01c in 2015, changed its name to Attilan, actually collapsed & was DELISTED]