ewc employees - sengkang, page-14

Hi Oranje,

When a share price starts to slip day after day, a cent here, a cent there, one tends to bring out the old conspricy, manipulation thoery, capping etc etc.

In this instance, it really does look odd though as if someone is doing their best to spook things and loading up the sell side. On the bell, some very large sales of 100,000 each went through which brought the price down 3 cents on the day. There also bobbed up a single seller at 500,000 who is still sitting there at 44 cents. All really odd on no news. There is no new news around to give some traction to any significant share price appreciation, nor is there any bad news to create such daily downs.

I have never been one to rely too much on conspricy theories, however after speaking to two or three followers late today they are all united in that there is a concerted effort to load the sell side to bring the price down for the benefit of cheaper accumulation.

A very large personal holder and Fund Manager in New Zealand has nothing but good news on the horizon.

Another analyst in London who recently met with EWC in HK who has recently completed a new evaluation on behalf of her European clients has placed a price target of multyples of the current price just with the first two trains.

A Fund Manager who met recently with the company in Hong Kong is confident of a multyple level share price based on current news.

All this is only anecdotal and each day our share price loses a little more due to bigger forces. We must be getting close to a turning point and as we know EWC can surprise on the upside far more than it can disappoint on the retacement side.

It's testing us a bit.

Better days.

Regards.

Mont