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This counter is quite funny, NAV 0.5$ , it's also a brand company among food
industry. don't know why its' price is so difficult to climb up.
pharoah88 ( Date: 22-Apr-2010 20:31) Posted:
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XCELLENT fOr
HANKY PANKY
pharoah88 ( Date: 22-Apr-2010 20:29) Posted:
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SYNEAR
CASH - RICH
OLD LADY
early bird catches the worms lah... so simple. HKEx got them first loh. Besides, BOC being one 3 banks issuing HK currency, of course they will list in HK.
Politically, it won't make sense for them to list on SGX cos HK is a SAR of PRC. Although i got hurt by SChip and didn't like how SGX allows Schip to delist so easily and wash their hands off like this... I don't think SGX itself has anything to do with not getting HK banks to list here.
AnthonyTan ( Date: 22-Apr-2010 15:28) Posted:
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ozone2002 ( Date: 22-Apr-2010 15:31) Posted:
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same rationale as the KTV girls from China..
those that come s'pore are the spoils.. keke
AnthonyTan ( Date: 22-Apr-2010 15:28) Posted:
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At any moment, S-Chip shares can turn into cheap cheap.
Good shares are listed in China and Hong Kong. So far in
SGX we don't have a single China bank share here, why??????
Will benefit synear since it's in the same line? Porky porky..
Hopu Investment Said to Lead Group Buying Stake in China Yurun
April 21, 2010, 11:55 PM EDTMore From Businessweek
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By Cathy Chan
April 22 (Bloomberg) -- Hopu Investment Management Co., the private equity fund backed by Temasek Holdings Pte, led a group buying a stake in China Yurun Food Group Ltd., the nation’s biggest hog processor, two people with knowledge of the matter said.
The group, which included Temasek, Singapore’s state-owned investment company, and Seatown Holdings Pte, purchased a combined 4.3 percent of Yurun Food, the people said, declining to be identified as the information is private.
Yurun Food and its controlling owner raised $510.6 million selling 166 million shares, according to a statement from the Nanjing-based company, which didn’t identify any buyers. The Hopu-led group bought 46 percent of the shares, the people said.
Hopu invested $165 million in Yurun Food, while Temasek bought $50 million of shares, the people said. Seatown, run by Temasek chief strategist Charles Ong, invested $20 million, they said. Temasek set up Seatown this year as a wholly owned investment company.
Guy Cui, a managing director at Hopu, declined to comment, as did Temasek spokesman Mark Lee. Bunny Lee, a spokesman at Elite Investor Relations Ltd., hired by Yurun to handle media enquiries, declined to immediately comment.
Shares of Yurun Food fell 8.8 percent to HK$23.95 at 11:26 a.m. local time today in Hong Kong trading. They have more than doubled in the past year, compared with a 44 percent advance in the Hang Seng Index.
Morgan Stanley and UBS AG arranged Yurun Food’s share sale.
If anyone DID SYNEAR yesterday (Tue: 26 May 2009), it is BOOM TOWN this morning.
SYNEAR GAP UP this morning!
CHEERS!
Check OUT the 1Q financial report, SYNEAR is in its Strategic Phase NOW.
It sets aside several hundred millions (canNOT remember EXACT FIGURES) of CASH RESERVE for new factories.
Even withOUT the new factories, it has HUGE capacities to capture the GIGANTIC CHINA and overseas market demands.
It is starting budget lines of food for the mass market.
At this TIME, any company short of CASH is EXTREMELY RISKY.
SYNEAR is extreme SAFE with its STRATEGIC CASH RESERVE which is NOT gained by selling its pants like some other companies.
Look at SYNEAR's NVA at S$0.471.
The Share Price at S$0.280 is actually buying the CASH only.
When the Budget Lines of food is launched, image it going beyon the NAV.
It is one company with good fundamental and good market support (let by both JACKY CHAN and OLYMPIC SPORNSORSHIP) and Strategic CASH RESERVE and low Cost of Production (relative to China Fishery) and it is NOW below its NAV.
It should be worth more than China Fishery.
SYNEAR is a GEMS waiting to be POLISHED to SHINE.
tchoonw ( Date: 25-May-2009 15:00) Posted:
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nickyng ( Date: 18-May-2009 09:41) Posted:
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