TopGlobal W130612   

$ Top Global WARRANT W130612 Expiry 2013 JUNE

The information here is outdated. Its share tripled to 4.5c from 1.5c when people bet that the new boss will bring fortune to the company. The new boss is reworking the company business, so the information in the recent financial reports and all the financial ratios are now irrelevant.

The price dropped because the boss proposed 3-for-1 right issuing. This forces the share holders like me to prepare more money. I had to sell some to fund the right, and lucky me I got out early at 3.5c.

The fund raising will be used for acquisition of new businesses. This is still positive, so going in after the right issue still makes sense. I hope it can dip below 1 cent after the right issue.

 

 

http://www.findata.co.nz/Markets/StockQuote/SGX/5NDW.htm

Sector:				52 Wk Range:	0.005 - 0.02
PE:	0	EPS:	0	Div Yield:	0
Market Cap:	0	NTA:	0.0000	Div Date:

 

MA5:	0.0170	STO9:	70.0000	:
MA20:	0.0123	MTM14:	0.0050	:
MA50:	0.0113	RSI14:	59.5360	:

 

Date	Open	High	Low	Close	Volume
06/08/10	0.0100	0.0150	0.0100	0.0100	999,000
05/08/10	0.0100	0.0100	0.0100	0.0100	0
04/08/10	0.0100	0.0100	0.0100	0.0100	0
03/08/10	0.0100	0.0100	0.0100	0.0100	0
02/08/10	0.0100	0.0100	0.0100	0.0100	500,000
30/07/10	0.0050	0.0050	0.0050	0.0050	0
29/07/10	0.0100	0.0100	0.0050	0.0050	550,000
28/07/10	0.0100	0.0100	0.0100	0.0100	759,000
27/07/10	0.0100	0.0100	0.0050	0.0100	9,494,000
26/07/10	0.0150	0.0150	0.0150	0.0150	0

 

5NDW

Top Global W130612

06/08/10 00:00

 

Week High:	0.0200	Month High:	0.0200	Year High:	0.0200
Week Low:	0.0150	Month Low:	0.0100	Year Low:	0.0050
Week Change:	0.0000	Month Change:	0.0050	Year Change:	0.0100

 

 

Reference: SGX - Mandatory Unconditional Cash Offer for Top Global Limited

Company Info:

Top Global Limited is principally engaged in general upgrading and building construction activities. It operates in three divisions: property development and investment, which is engaged in the development of properties; upgrading and building, which is engaged in general upgrading, roofing, and building construction activities, and property and facility management, which is engaged in leasing and management of properties. Its major subsidiaries include Top Global Enterprises Pte Ltd, TG China Pte Ltd, Raintree Cove Pte Ltd, Top Global Properties Pte Ltd, Top Global Properties (Kovan) Pte Ltd, Winsland Resources Incorporated, Top Global China Pte Ltd, and Top Global (M) Sdn Bhd.

Currently on trading halt @ 0.02, the offer is only $0.012. Also, interesting, there is a warrant Top Global W130612 @ 0.015.

Proft Margin

 

Friday: 6 AUGUST 2010

TopGlobal                       S$0.020    S$0.015

TopGlobal  W130612     S$0.015    S$0.010

LEVERAGE                      1.3333      1.5000

 

$ Top Global WARRANT  W130612  Expiry 2013 JUNE 12