August 2019

August 2019 Mid-Week Price Update

Reclaims Global (SGX: NEX), an eco-friendly construction service provider specialising in recycling construction and demolition waste, customising excavation solutions and operating fleet management through environmentally-friendly methods found a very stable price support in Aug 2019, opening at S$0.20 mid-week and shot up by approximately 10% on the week’s closing towards the middle of third week.

Round Table’s directors subscribed to a private placement in March 2019.

“Previously, NEX corrected to a higher low of S$0.17 in April and within 3 weeks, printed an all-time high at S$0.24 with an exponential price growth of +40% from April’s low on the first week of May 2019. The price held steadily within a tight range throughout May and achieved another higher high of S$0.26, another 24% price growth from May’s low of S$0.21.” — Previous Update, June 2019.

Expectations towards NEX’s growth over 2020 remains very bullish, and Round Table is expecting a strong momentum build-up towards the close of 2019’s last trading day.

Mediland Pharm Ltd (ASX: MPH), a leading retailer in health, well-being and wool products in Australia and New Zealand is currently in the middle of a consolidation phase on its price action, after recording a very liquid first few months of its IPO.

“Previously, it recorded a very liquid and busy first week of April, with over 8 million shares traded in the week alone, and price skyrocketing to A$0.45. The directors of Round Table subscribed to MPH’s shares at A$0.20 during the offer period in February and in less than two months, MPH achieved a meteoric 124% increase to the highs of A$0.45 on 10 April 2019.” — Previous Update, April 2019

Following MPH’s consolidatory phase in the future, with its bright fundamentals, it is expected to continue a consistent growth momentum over 2019 across to 2020.