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Done 2 rounds.. Raided at 5 cents and sold at 5.1 cents for first round... Second round raided at 4.5 cents and sold at 4.7 cents today...
It is a potato business... Shall stay away from it...
read from SGX.'s4/6/2010, 30/6, 26/7.
the loan due on 30/6 was refacilitated by HSBC's raising fund.
4/6/ convertible bonds due march2010, was refinance at an interes of 8.375%
26/7 got some kind of long dou title, big deal for this dragon head. so tight with money and kept expanding.
consumer producers distributing to the China public has worry that the govt might time to time control it's price, isn't the price of the milk kind of restricted by the govt. I am just worry. any seconder.
Kind of worry. can someone give opinion on this company, just worry that it will be another china milk and celestial. got head no tail.
Just like to know how sound is this company though it's given out dividend. I would rather it pays off the refinance and save the 8.37%
Hulumas ( Date: 05-Aug-2010 10:33) Posted:
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Salute ( Date: 05-Aug-2010 02:49) Posted:
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Anyone ,who has this counter, has any opinion about the loan of it, including some bond pay more than 8% interest, though it earn a big title of its industry in China.But it loan is quite big.
Anyone knows if the price of their products might be restricted by the govt.