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Straits Asia
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louis_leecs
Elite |
10-Feb-2009 22:07
Yells: "half cash" |
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tis baby i still holding,,,,,,,,,,,,,,,at history low price,,,,,,,,,,,soon will break thru 1.00 and all the way to 1.50cts,,,,,,,,,,,,,,i believe so i here ,,,,,,,,,,,the next one i just buy is china sky,,,,,,,,,,,,,,,,,cheers | ||||
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tchoonw
Veteran |
10-Feb-2009 10:35
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SAR is going thru' a painful slow death now! | ||||
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mkttalk
Member |
09-Feb-2009 22:00
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SAR no support at all today see the chart: http://www.rmao.net/forum/viewtopic.php?f=5&t=14&start=10 |
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cheongwee
Elite |
09-Feb-2009 18:27
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This one a yawn...i decide to put my money into other...they say play still on...sold 89..today read in my mail today from my broker...dont know really this one so so good like they said...you say. FOCUS Straits Asia Resources: Courtship in the works? Summary: Straits Resources Ltd’s (SRL) divestment of its 47.1% stake in Straits Asia Resources Ltd (SAR) had led to speculation over a possible takeover offer for SAR. Press reports have alluded to possible interest from several strategic investors, including Noble Group Ltd and Indika Energy. Our preliminary assessment of SRL’s short term debt profile suggests that it has no need to sell its entire 47.1% stake in SAR in order to meet its near term debt repayment obligations. Nevertheless, we view the keen interest from strategic investors as a testimony of SAR’s attractive valuations and viable assets. We maintain our BUYrating on SAR with S$1.35 fair value estimate. As for Noble, it is moving from an “asset-light” business model to an “asset-medium” model and could use present depressed valuations to execute its plans. Historically, it has taken up only minority interests in its investments and is likely to continue with this approach. As such, even if Noble emerges as a potential investor in SAR, we do not expect it to launch a takeover offer. We have a BUY rating on Noble with S$1.58 fair value estimate. (Lee Wen Ching) For more information on the above, visit www.ocbcresearch. comfor detailed report. Wish those still vested ...best of luck...make $$$$ |
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cheongwee
Elite |
07-Feb-2009 01:02
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I will not run , till it is 80c from where it come alive...till then it is not dead.. | ||||
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cheongwee
Elite |
07-Feb-2009 00:48
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I got to this counter thro my friend tips..i will DYODD...but friend out of town, will share with u guy when he is back...but u got to DYODD...set a cut off px for both way.
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cheongwee
Elite |
07-Feb-2009 00:18
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U are right...now got CFD...so???ppl are into this..so i think force selling if there is , is also mininum.. not a concern..am i right???that why it is steady...but i would like your guy here opinion...today i observe at 90c q to sell 3000 over lots...a little fishy here...but there are definitely support, otherwise the px would have gone south by now... I means to say the play is still on...i bought more today at 89..
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Laulan
Master |
06-Feb-2009 16:44
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PT Indika the Indonesian party might come up the winner. I believe Indonesians are real rich. What abt Noble? Today I see some selling in blue chips e.g. DBS to get money? Guess work only. | ||||
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Lincoln
Member |
06-Feb-2009 16:33
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still gt which other party? Yea rite, once its been taken over, the price will rise. but will the new owner make us to force sell, that is another issue rite? The bidding ended alr, they still so long havnt confirm, sianzzzz man
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Laulan
Master |
06-Feb-2009 16:26
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Noble grp, the other party also bidding for StraitsAsia bidding higher or what? So whoever succeeds, we the shareholders benefit, rite? So hope someone is successful.
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Laulan
Master |
06-Feb-2009 16:13
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Needs alot of money to takeover. Now big seller selling 3000 lots, means at $3 million dollars. To go up in price buyers must use at least double amt maybe $6 million dollars and push further up? | ||||
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Lincoln
Member |
06-Feb-2009 16:00
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They havn't make the confirmation of the taking over although the bid ended. No other company wanna tak over them?
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des_khor
Supreme |
06-Feb-2009 15:22
Yells: "Tell me who is the God or MFT from this forum??" |
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market fortune tellers .
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Laulan
Master |
06-Feb-2009 15:20
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Wats MFT huh? BTW this share will drop and drop until it finds another support. It will not cheong unless really takeover is true.
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tchoonw
Veteran |
06-Feb-2009 15:20
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think hard abt it...the one that suppose to take over it is rising but the one suppose to be taken over is dropping...
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des_khor
Supreme |
06-Feb-2009 15:05
Yells: "Tell me who is the God or MFT from this forum??" |
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sorry Lin , I can't answer your Question here... in this forum got few MFT , maybe you can ask their opinion .
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Lincoln
Member |
06-Feb-2009 15:00
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Newbie here . U mean this burger will continue to drop and wont rise? Any idea wat news that causing it to drop...?
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des_khor
Supreme |
06-Feb-2009 14:10
Yells: "Tell me who is the God or MFT from this forum??" |
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Why must say ' force selling ' ? I think say ' cut lost ' better right ? I don't believe the person able to trade have to wait until the brokage firm force sell their holding ??
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tchoonw
Veteran |
06-Feb-2009 13:35
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force selling coming and those that bought early this wk at mid 90 have catch a sharp falling knief...
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Laulan
Master |
06-Feb-2009 11:16
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What happen never go up in good market sentiments. DOW is up you know? | ||||
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