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CDW
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Worth a re-looking into this aka blumont replica
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ChowAhBeng
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29-Apr-2013 07:57
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CDW agm today at 3pm at Swissotel Merchant Court. I wonder who will show up? and whether we gonna see another colorful show like last yr. Well, if ur a shareholder, I think you should. At least to vote down proposal 1 and 2 under the Special General Meeting which was tabled last minute. Usually when I such last minute stuff happen, u can bet it's not good for minority shareholders lah. haha. 1. The proposed adoption of CDW employees' share option scheme 2013 of up to 15% of shares outstanding. 2. The proposed adoption of CDW share performance scheme 2013 of up to 15% of shares outstanding. Why? Well simple. Taken together with resolution 7, which gives them the right to issue shares on a non pro rata basis of up to 20% of shares. And which they are trying to pass as an ordinary resolution. All these taken together would mean a dilution of up to 50%. Free float is currently around 40%. So why these proposals and why now? Well, that simple. IMHO, I believe insiders are contemplating a privatization lor! or at least it has starting to cross their mind. As is, insiders already control close to 60% of shares outstanding. To put this simply, based on past delisting experiences, the more they have, the less they'll pay when it comes time to privatize. |
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matrixxx
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06-Feb-2013 02:58
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Pre-CNY rally for this counter. Wishing all shareholders have a good fortune this 2013 year. |
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matrixxx
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28-Jan-2013 05:05
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1st Resistance pirce 0.175, 2nd Resistance price 0.19 Immeditate support price 0.138 |
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matrixxx
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27-Jan-2013 16:59
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Yup, actually she looks decent as compared to other counters that are running up with huge volume for no apparent reasons. So, let see how she perform for this coming week. It seems like after the 3 day rest, [22 Jan to 24 Jan], and if the price still holds well as of now, due to low prices are well absorbed by true investors/BB, we can look forward to a increasing volume and increasing in share value this coming week. This analysis is not an inducement to buy or sell. Instead, one should learn from Jesse Livermore - buy only when all the winning factors favour you or the counter. Buy only when the share price start moving upwards or sell when it goes downwards, with volume. Do not anticipate where the share will go, follow the trend.
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matrixxx
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26-Jan-2013 14:53
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What Is Members Voluntary Liquidation? MVL’s relate to the winding up of solvent companies and are utilised as a means of bringing a company to a formal end and distributing its surplus assets. This is undertaken either through payment of a final cash dividend or by what is known as distribution in specie of its assets directly to its shareholders. Who Can Benefit From Members Voluntary Liquidation? Enables shareholders to extract their investment in a co-ordinated manner benefiting where applicable from retirement, taper and other potential tax relief’s that may be available. A procedure which can be utilised to split different businesses within one company often allowing the directors to individually concentrate on their areas of strength whilst also enabling opportunity for growth and development but at the same time minimising the level of risk and exposure that may otherwise have been placed on the original company. Advantages of a MVL Formally ends the life of the company, leaving no outstanding matters. Provides a potential tax efficient exit route to shareholders. Company is cutting off non-making $$$ SUBSIDIARY and concerntrate on focus on main area of strengths to be more porfitable and well managed in the long run. The restructuring seems like doing well for the company future. Furthermore, shareholders will have bigger and better dividends payout after this disposal. Calculation comes to be about extra US$10 million after this disposal. Therefore, the share price runs and is still running up for all these positive reasons. (since Jan 2 to now) up about 35%. One must understand that the trading volume is not too big so as not to attracts too much ants when the real BB are accumulating. Only after they have accumulate enough, we will see very high trading volume of over 10 to 20 million shares in a day....... And that is when maybe we can call for a temporary end to the minor bull run that this co. is having right now. TERMINATION OF METAL STAMPING OPERATIONS AND SUBSEQUENT VOLUNTARY LIQUIDATION OF A WHOLLY-OWNED SUBSIDIARY The Board of Directors of CDW Holding Limited (the “ previous announcements dated 14 November 2011 and 1 August 2012, and its Circular dated 3 October 2012, regarding the disposal by its wholly-owned subsidiary, Crystal Display Components (Suzhou) Co., Ltd. (“ premises in Mu Du Town, Suzhou, The People’s Republic of China to the management committee of the Mu Du Economic Development Zone (the “ As a follow-up announcement, the Board wishes to announce that it intends to terminate CD Suzhou’s business operations which comprise the metal stamping business in the third quarter this year in preparation of surrendering the land and buildings to the Authority at the end of this year. The Board also wishes to announce that, with the termination of the business of CD Suzhou, it intends to eventually commence a members’ voluntary liquidation of CD Suzhou (the “ Board will make a subsequent announcement once it commences the Liquidation. None of the Directors or the controlling shareholders of the Company has any interest, direct or indirect, in the above transaction. By Order of the Board Tan San-Ju Company Secretary
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srichipan
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26-Jan-2013 14:12
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Thanks for sharing. This counter looks decent actually. Shall see how it performs next week. | ||||
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matrixxx
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26-Jan-2013 13:43
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Some joker commented this is a smart deal...... He also stated that this company acquired assets of 2.5 m at less than 10% at USD 216,000 ACQUISITION OF ENTIRE EQUITY INTEREST IN MINAMI TEC (WUXI) CO., LIMITED (美 南 电 子 元 件 (无 鍚 )有 限 公 司 ) The Board of Directors of CDW Holding Limited (the “Company”) wishes to announce that the Company’s wholly-owned subsidiary, Tomoike Industrial (H.K.) Limited (“Tomoike HK”) has acquired the entire equity interest in Minami Tec (Wuxi) Co., Limited (美 南 电 子 元 件 (无 錫 )有 限 公 司 ) (“Minami Wuxi”), a limited liability company established in the People’s Republic of China, from Minami Seisakusho Co., Limited (“Minami Japan”), a limited company incorporated in Japan, for a total cash consideration of JPY17,000,000, equivalent to HK$1,679,345 (approximately US$216,600). Following completion of the acquisition on 15 January 2013, Minami Wuxi has become a wholly-owned subsidiary of Tomoike HK and an indirect wholly-owned subsidiary of the Company. The acquisition was paid for in cash and entirely funded by the cash reserves of Tomoike HK. The principal activity of Minami Wuxi is the provision of plastic injection for electronic consumer products and automobile. The Company had tendered for Minami Wuxi by Minami Japan’s invitation. The consideration was arrived at after taking into account the net book values of Minami Wuxi’s plant and equipment, the experience of the management and workforce, its production capacity and its three-year cash flow statement. The unaudited net tangible asset value of Minami Wuxi as at 30 November 2012 was approximately RMB19,082,000 (approximately US$2,462,000). There was no independent valuationdone on Minami Wuxi. Based on the latest announced unaudited consolidated financial statements of the Company for the nine-month period ended 30 September 2012, the relative figures for this transaction computed on the applicable bases set out in Rule 1006 of the Listing Manual of the Singapore Exchange Securities Trading Limited amounted to less than 5%. In this transaction, Tomoike HK’s interest in the net fair value of Minami Wuxi’s identifiable assets, liabilities and contingent liabilities as at the completion date would be in excess of the consideration. Tomoike HK will appoint an independent accounting firm to prepare the statement of the net fair value of Minami Wuxi’s identifiable assets, liabilities and contingent liabilities as at completion date to confirm any excess amount as a gain to be recognised and credited to the Company’s consolidated income statement for the year ending 31 December 2013. The Company will make a follow-up announcement accordingly. Save for their shareholdings in the Company, none of the Directors or the controlling shareholders have any direct or indirect interest in the above transaction. By Oder of the Board Tan San-Ju Company Secretary 21 January 2013 To me, this company is expanding her wing and trying to bring in more revenue. The big picture here is very important for the company to have good growth and more value rtn back to shareholders. |
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matrixxx
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26-Jan-2013 11:19
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Well, I am sharing.... quite a bit already. But is to share wif other forumers who will appreciate. But just that I dun feel comfortable sharing nta lesson wif you only.
Try this, next week cdw will go to 15 and 16, if u happen to miss it again, try sucking yr thumb or even yr toe if u are flexible enough. |
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srichipan
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26-Jan-2013 10:10
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Well. Forum is a place for ppl to share knowledge isn't it? If you know the stock well then you should be able to answer my question easily right? After all it's not a very difficult question. Why make a make deal out of it?
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matrixxx
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26-Jan-2013 09:49
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Haha, sour lemon grapes from other forum. Didn't heed my call, miss the chance to earn $$$ and so keep suc.king thumb and complaining. Get a life. Ppl are here to make $$$. u can come and disturb my thread, no problem And by the way, why should i answer your question? is it necessary? Please also post some constructive information and analysis of this counter or other counters instead of asking other ppl for answer, nobody owes u anything or any answer. I don't feel like answering to ppl who ask silly questions. it is just wasting my time. And please go back to yr puntersgallery and dun come and disturb here. Got the message? If u are really a investor and not a talk but no action pester, u can post something original and constructive like this 1. Close at 52 weeks high of $0.116. ( hit 0.119 52 weeks highest) - 11/1/2013 2. Good volume of accumulation of shares spotted for past the 4 weeks . - Accumulation means selling of shares on the way up. 3. For a very long time, this counter had not been able to cross and close above the $0.10 level since 19th Apirl 2010, but now yet manage to break $0.10 barrier and close above $0.10 on 2/1/2013 ( close 0.103 ) 4. Co. has been constantly buying back co. shares for quite sometime since 5 dec 2008 - Great to own shares that the owner itself is also collecting too 5. Co. start giving dividend in June and Oct 2012 - a dividend stock worth investing. 6. Market cap is 50.68M, total shares float is only 460M shares. Plus Co. keep constantly buying back, resulting in only quality and limited shares float avaiable now. 7. Having good % of growth in revenue and net profit to support current uptrend behaviour. See the financial report for the actual figures at www.cdw-holding.com.hk 8. Co. is in the right direction for smartphones/mobile LCD backlight manufacturing as currently there are very good demand for better and top quality HD lcd screen for mobile devices 9. Co. should be reporting good earning report this coming Feb as the lcd backlight orders received during last quarter is in quite good quantity, therefore likely is resulting in this current rising share price. Lastly 10. From Jesse Livermore a. Buy rising stocks and sell falling stocks. b. Co-ordinate your trading activity with pivot points - $0.10 is the pivot point c. In any sector, trade the leading stock - the one showing the strongest trend. - This co. in this sector here is the leading stock and is showing the strongest trend currently.
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srichipan
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26-Jan-2013 09:24
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I don't trade stock, I invest in it. So it's important to know the business you are buying. NTA is just one of the many indicator I used in looking at companies. If you speculate , it is just like betting. | ||||
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srichipan
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26-Jan-2013 09:20
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Yup. I asked him a simple question and if you read his posts carefully, he didn't really answer my question. I just want to know why would the company trade above its NTA and is it a norm in the industry.
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orangetea
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26-Jan-2013 02:01
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Forumers here can verify by googling kingpin9 cdw or https://www.google.com.sg/search?q=kingpin9+cdw+& ie=utf-8& oe=utf-8& aq=t& rls=org.mozilla:en-US:official& client=firefox-a and see for yourselves.
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orangetea
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26-Jan-2013 01:20
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matrixxx a.k.a. kingpin9 is one and the same person. You have vested interest in this counter becos you have revealed your holdings and have bought low and tried to promote this counter to sell higher. You have shown no respect in the forum where you sold your calls in the other forum where you are known as kingpin9. Why should people here trust you? |
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matrixxx
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26-Jan-2013 00:48
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BBs will do another round of flushing for sure. But they will do the flushing around the price of 0.19 - this 0.19 is hit highest on 26 July 2007 with 11.27 million shares traded that day. So at the meanwhile, enjoy the uptrend ride.
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terencee
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26-Jan-2013 00:23
Yells: "I don't entertain trolls." |
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Still holding on. This counter is good. :) I started out at 0.134. Bought it slightly overpriced. Now already consider profits. Hope BBs do another flushing. :) So I can load more cheaper. | ||||
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matrixxx
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25-Jan-2013 23:11
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u think, i thought, who assume? If trading stock is so easy as just buying the co. stock by going for very cheap NTA, it will be as easy as abc already. For there are a lot of cannot move counters out there in the list that u can choose to buy as those counters prices are way below their NTA. So u can buy and hold for years and wait for them to comeback. So.... trading with stocks = try not to be so naive. Trading stock is playing with human psychology emotion. Eg. the more u fear to buy, the more those ppl will buy up the stock to make the prices higher and u will be disappointed that u did not buy in. And the more u get excited and greeedy to hope that the stock can goes up, the more those ppl will keep throwing down the prices to make u flush out or cut loss. So please remember, in order to buy a share or counter, do your own homework, get as much winning factors and facts in your favour as why a particular stock should rise. From Jesse Livermore - " To invest or speculate successfully, one must form an opinion as to what the next move of importance will be in a given stock. Speculation is nothing more than anticipating coming movements. In order to anticipate correctly, one must have a definite basis for that anticipation... " Therefore, for this counter, i fully have my definite basis already, if u haven't read up, here it is: Originally Posted by matrixxx
 1. Close at 52 weeks high of $0.116. ( hit 0.119 52 weeks highest) - 11/1/2013 2. Good volume of accumulation of shares spotted for past the 4 weeks . - Accumulation means selling of shares on the way up. 3. For a very long time, this counter had not been able to cross and close above the $0.10 level since 19th Apirl 2010, but now yet manage to break $0.10 barrier and close above $0.10 on 2/1/2013 ( close 0.103 ) 4. Co. has been constantly buying back co. shares for quite sometime since 5 dec 2008 - Great to own shares that the owner itself is also collecting too 5. Co. start giving dividend in June and Oct 2012 - a dividend stock worth investing. 6. Market cap is 50.68M, total shares float is only 460M shares. Plus Co. keep constantly buying back, resulting in only quality and limited shares float avaiable now. 7. Having good % of growth in revenue and net profit to support current uptrend behaviour. See the financial report for the actual figures at www.cdw-holding.com.hk 8. Co. is in the right direction for smartphones/mobile LCD backlight manufacturing as currently there are very good demand for better and top quality HD lcd screen for mobile devices 9. Co. should be reporting good earning report this coming Feb as the lcd backlight orders received during last quarter is in quite good quantity, therefore likely is resulting in this current rising share price. Lastly 10. From Jesse Livermore a. Buy rising stocks and sell falling stocks. b. Co-ordinate your trading activity with pivot points - $0.10 is the pivot point c. In any sector, trade the leading stock - the one showing the strongest trend. - This co. in this sector here is the leading stock and is showing the strongest trend currently.
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srichipan
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25-Jan-2013 06:54
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I think the NTA of this company is around 1.3 region right? Why would you think it would trade above NTA? Is it a norm for this industry?
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matrixxx
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25-Jan-2013 06:18
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ADX - the trend strength indicator
ADX of CDW holding = 74 ADX Value Trend Strength 0-25 Absent or Weak Trend 25-50 Strong Trend 50-75 Very Strong Trend 75-100 Extremely Strong Trend Read more: http://www.investopedia.com/articles...#ixzz2IvshFhXb current price is well above 50, 100 and 200 MA current price shoot past Moving Average Envelope indicator. Meaning trending upwards stronger.  |
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matrixxx
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24-Jan-2013 23:46
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What had happened today? guess this is what ppl who bought into this counter asking but to no avail answer. Today is a great day for flushing weak holders. Today 24/1/2013 has been a extremely good day to flush out those weak holders that cause the share price to have a powerful but no support at low prices to run up on 21st Jan. It seems that the BB are angry that their slow and steady buy ups/collection from low prices are disturbed by those weak holders who buy 100 to 200 lots to cause the price to rise quickly to 0.153 highest. Hence, they decided to put some road block lots at 0.15, 0.145, 0.14, 0.134 for this 3 days to further depress the price to low 0.13 range. But fortunately, their main purpose is to fully flush out weak contra holders so that they can start collecting cheap again. This flushing can been seen as today ended with a dragonfly doji with a extremely long lower shadow. This is a very strong bullish reversal signal. The dragonfly doji is a stronger signal than as compare to a hammer candlestick. Why flushing? u may ask how do we know that this is a flushing signal. Because if its not flushing, then of course u will see prices keep falling to 0.127 lowest and it will be a long black marubozu instead, then it will likely be a continual bearish signal ahead. A dragonfly doji is formed because ppl are buying back at low prices all the way up to the opening price. To further confirm if this is a bullish reversal signal, the best is if there is a positive long white marubozu closing tomorrow or a gap up of prices to determine uptrending mode in progress. Now that weak holders are somehow already out of this counter and already look for/involve in other counters punting, this counter likely shall start trending upwards again. |
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