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Firstlink - Turning Salt into Gold
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lpkoh5
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21-Jun-2007 16:55
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I agree with imall29 view below ... but it is not right to compare China Plant Nutrition with China XLX....it is not an apple to apple comparison....China XLX is one of the top and biggest in the fertiliser industry, but China Plant is a much smaller scale...not to say it is not up-n-coming... |
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Alamak
Member |
21-Jun-2007 16:53
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Sorry, imall29 for misunderstood ur statement. |
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imall29
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21-Jun-2007 16:45
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Sorry. This is not what I am trying to say. It is a smart move to announce it after the listing of China XLX is because it gives investors some LISTED company to compare with China Plant Nutrition. China Plant Nutrition might not accept the offer if it is not at discount price. If you were China Plant Nutrition, will you accept same price as market closing price? |
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Alamak
Member |
21-Jun-2007 16:36
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Thanks imall29 for your 2 cents. So i believe u are saying that China XLX is traded at high price. So in order to close the deal with China Plant Nutrition, Firstlink need to give something more valuable. Ok, i hope my understanding is correct. So is this considered good news? Will it continue to chiong after tomorrow resume trading? 
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imall29
Member |
21-Jun-2007 16:28
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I think China Plant Nutrition is in the same business as China XLX. China XLX is traded around $1.20 today. In order to close deal, of course it has to be at a discount price. Just my 2 cents here. |
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Alamak
Member |
21-Jun-2007 16:21
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What does that mean, imall29? Care to explain? Thank you very much and greatly appreciate your advice. |
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imall29
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21-Jun-2007 16:19
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I think it is fair to be at a discount price. We should be happy it is not at a unreasonable discount price. It is a smart move to announce it after China XLX listed. |
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adrian01
Member |
21-Jun-2007 16:18
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No idea man! It was on an uptrend before the halt. Let's hope it is....let the expert here advise lor maybe. |
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lpkoh5
Senior |
21-Jun-2007 16:13
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Part of Purchase is by issuing shares at 14cts each representing a discount of last close price at 17.5cts....so is this good news? |
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imall29
Member |
21-Jun-2007 16:03
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FirstLink proposed acquisition of shares in China Plant Nutrition Holdings Pte ltd. |
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imall29
Member |
21-Jun-2007 16:00
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Announcement out ... http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_D07C792246C914B8482573010029D485/$file/Announcement210607.pdf?openelement |
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Alamak
Member |
21-Jun-2007 15:32
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Seems like they are not going to resume trading today. Hopefully tomorrow huat ah! Cheong cheong cheong to above $0.20. 
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happyday
Member |
21-Jun-2007 10:44
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Finally the news on FirstLink got announced..delayed by 1 week to wipe out the weak holders.Very happy for those making $ from first link...next plse lookt at Japanland 17cts and below grab...JadeTech 19.5cts and below...and Oculus 32.5cts and below just grab...the same group of pple are gaering up and going in/went in big amount..Good Luck folks and happy investing
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adrian01
Member |
21-Jun-2007 09:31
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No idea man! But I think most likely lorrrr......then it will cheong liao....hahahah!!!! |
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hohokit
Veteran |
21-Jun-2007 09:23
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Good news on the way? |
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adrian01
Member |
21-Jun-2007 09:14
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HALT for trading.....pending annoucement. Hmmmm....... |
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Alamak
Member |
21-Jun-2007 08:31
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Thank you very much, happyday!! Really thanks for your info. I really appreciate. Wish you earn big money too. Thank you very much to cashiertan too. Thanks for giving a knock on my head and ask me to be patience. I heed your advice to hold and wait. Now I am waiting to reap the profit. Thanks! Wish everybody who is vested in Firstlink earn big $$$$$. Yeh!
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odoraemon
Member |
20-Jun-2007 22:27
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Happyday, I'm sure you'll make my day tomorrow a happy day!! Will cut loss immediately on bio-tea! Lets await for the soaring price of firstlink tomorrow!
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noobie
Member |
20-Jun-2007 22:22
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hi happyman, will u be holding on to this stock then? what do you think the price would be tomolo? 8-). long term wise, what is the tgt price? |
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happyday
Member |
20-Jun-2007 21:46
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I am ecstatic for all of U to have make $....in reply to Odoraemon ...plse cut your loss of Biotreat not much upside the most is $1.10 but long..longwait forget about it...buy Chinamilk and U will recover your loss in Biotreat and make >$... |
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