Latest Forum Topics / Jiutian Chemical Last:0.027 -- | Post Reply |
Jiutian to hit $1
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hewman
Member |
16-Oct-2007 20:48
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Is the IPO price 29cts or 58cts??? if i didnt understand wrongly, you are saying IPO price is 58cts. Or should it be 29 cts divided by 5 which works out to be 5.8 cts. If this is true, then this counter is really dangerous!! hope I am wrong. anyone advise please. |
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AtomAnt
Member |
16-Oct-2007 17:45
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don't worry, this share will up to 80cts or more. The warrant will be out at 0.05cts if the current price remain. If this share can manage to reach $2.5 from an IPO price of 58cts, then u need to hv confident that it will reach 80cts soon. |
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amilytan
Member |
16-Oct-2007 09:36
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How come this counter keep on dropping......it will below 0.6 today? |
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focusy
Senior |
16-Oct-2007 08:59
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edwinjup: Jiutian's IPO last year was at 29 cents. after adjusting for recent split (1 share became 5), the IPO price became 5.8 cents. It's not 0.058 cents. |
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787180
Master |
15-Oct-2007 21:15
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the bonus are being credited into yr CDP soon..hence drop is magnified |
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edwinjup
Master |
15-Oct-2007 21:10
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avoid this stock, raise too much from ipo price of 0.058 cents, it now trade 100 times more than ipo price, it time to let go, is the company earning 100 times more since it listed on 040506, play something else, better chances. don't make better rich using your hard earn money |
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soloman
Master |
15-Oct-2007 17:18
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Said before : It will be better for stock price it mgt don't give this warrant bonus stuff currently |
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amilytan
Member |
15-Oct-2007 17:16
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yes, today drop so much again to last done price = 0.63 after the warrant given out. |
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blackie
Member |
15-Oct-2007 16:40
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this counter lau sai non stop... |
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puntwcare
Member |
14-Oct-2007 12:37
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When is warrant trading date? intent to sell mother share to buy at warrant <15c |
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joshconsultancy
Member |
14-Oct-2007 10:40
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bad signs of CFO resignation? but that was some wks ago already ma, impact factored in alr if it really has. 787180 can share more on innovalue? I really cant find another reason for the management to give the warrant and the shareholders to approve it other than to raise more capital for PPE.... surely this would be achieved only when price raises above 80c |
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soloman
Master |
14-Oct-2007 09:41
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It will be better for stock price it mgt don't give this warrant bonus stuff currently |
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787180
Master |
13-Oct-2007 17:46
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Once bonus issue and warrant credited into yr CDP..sh price drop further..supply exceed demand...exactly wad happen to innovalue 1 for 1 ex price 75cts now 50cts..see |
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soloman
Master |
13-Oct-2007 16:43
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Bad signs coming ..... Try some oyher China stocks on CHINA FTSE better lah.......... |
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Nokita
Senior |
13-Oct-2007 14:54
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CFO resigned! www.nextinsight.com.sg |
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alvinwong1012
Member |
13-Oct-2007 14:52
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In terms of fundamental, it will be soon before it hit 0.80 cent so the warrant holders will be in the $. There has been some sell down lately since 10 Oct and it has been overdone. Should recover when China Oilfield Tech start trading...my 2 cent worth of comment. |
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joshconsultancy
Member |
12-Oct-2007 14:27
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Yo in that case, doesnt it mean that the price is due to hit 80c?? if not how can Jiutian raise capital from the warrants? The major shareholders cant be letting it issue useless warrants if there is not purpose rite?? any fellow jiutian holders out there?? |
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blackie
Member |
10-Oct-2007 20:12
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i think u are right...to execise the warrant, u need to pay the price of 80cents...so the only way is to wait for the share price to be above 80cents before u exercise. if i am not wrong, u can hold on to the warrant for 3 years. |
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joshconsultancy
Member |
10-Oct-2007 19:04
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Hi can anyone shed some light on this? dont quite understand wats the use of this to bonus warrant. whos goin to convert the warrant since its 0.80 and much higher than todays closing of 0.68?? Exercise price means i must still pay 0.80 to convert the warrant to ordinary share? |
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alvinwong1012
Member |
10-Oct-2007 13:12
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Dear Friends,,does anyone know what is the price of warrant after Ex Bonus of this counter? What will be the fair price for Jiutian after XB? Thanks. |
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