AUSSINO
AUSSINO - Myanmar U Zaw Zaw
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u also machine gun type?
mb7269 ( Date: 12-Sep-2013 12:23) Posted:
| Anytime will shoot up... Just monitor |
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Anytime will shoot up... Just monitor
BB playing aussino today...
10. A commentary at the date of the announcement of the significant trends and competitive conditions of the industry in which the group operates and any known factors or events that may affect the group in the next reporting period and the next 12 months.
While the retail market remains challenging, the business model of the Group remains sound and the fundamentals including the branding of its core bsuiness remains strong. The Group will undertake to improve its working capital through various means including the divestment and encashment of the non-core assets. Drastic costs cutting also has been implemented across our businesses to improve costs efficiencies.
On 25 July 2012, Aussino entered into a conditional sale and purchase agreement with the shareholder of Max Strategic Investments Pte Ltd (?Max Strategic?) to acquire Max Strategic for a consideration of $70 million. If undertaken and completed, the transaction will result in the reverse take-over of Aussino as defined under Chapter 10 of the SGX-ST Listing Manual. On 28 April 2013, SGX-ST returned the application to the Company due to concerns relating to Max Strategic that have not been adequately resolved. The proposed acquisition has since been terminated on 29 July 2013.
The Company has submitted an application to SGX-ST for an extension of time for the Company to be removed from the Watch-List under Rules 1314 and 1315 of the Listing Manual on 23 August 2013.
The Company will keep shareholders informed of any further development in this regard.
seanpent ( Date: 27-Aug-2013 09:29) Posted:
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I believe this RTO will finally go thru ..... just a personal view ..... |
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Thank you Sir. This is really very important message to all Aussino shareholders.
Octavia ( Date: 29-Aug-2013 09:41) Posted:
| Aussino reported FY13 net loss of $8.1m on the back of a 27% fall of revenue to $34m. On 23 Aug, Aussino submitted its application to SGX for a time extension for the company to be removed from the Watch-List (entered watch-list on 6 Sep 2011). Aussino is approaching the end of 24 months since 6 Sep 2011 when it was placed on the watch-list. Upon a non-approval by SGX on its time extension, SGX may suspend trading of Aussino, with a view of removing the counter from the official list. |
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Aussino reported FY13 net loss of $8.1m on the back of a 27% fall of revenue to $34m. On 23 Aug, Aussino submitted its application to SGX for a time extension for the company to be removed from the Watch-List (entered watch-list on 6 Sep 2011). Aussino is approaching the end of 24 months since 6 Sep 2011 when it was placed on the watch-list. Upon a non-approval by SGX on its time extension, SGX may suspend trading of Aussino, with a view of removing the counter from the official list.
I believe this RTO will finally go thru ..... just a personal view .....
good chance of follow-thru after CNA ?
seanpent ( Date: 26-Aug-2013 10:34) Posted:
hope the good penny sentiments will help it to overcome 122 as soon as today
seanpent ( Date: 26-Aug-2013 09:57) Posted:
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technical re-positioning at 116, then a conquering of 122 ? |
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hope the good penny sentiments will help it to overcome 122 as soon as today
seanpent ( Date: 26-Aug-2013 09:57) Posted:
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technical re-positioning at 116, then a conquering of 122 ? |
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technical re-positioning at 116, then a conquering of 122 ?
similarly to Mirach, may see a follow thru soon ? hope so ...
that's after about 7-8 trading days of consolidation .....
seanpent ( Date: 22-Aug-2013 09:22) Posted:
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may probably repeat action as in 16-Jul-13 ..... and huge fake queues at 115 due for a good tight squeeze ...... |
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may probably repeat action as in 16-Jul-13 ..... and huge fake queues at 115 due for a good tight squeeze ......
read from sgx ler... all written on the company announcement
" The Company wishes to highlight to shareholders
that in the event the Company?s application
for extension is not successful and the Company is
unable to exit the Watch-List by the
September Deadline, pursuant to Rule 1315 of the Li
sting Manual, the SGX-ST may either:
(i) remove the Company from the Official List of th
e SGX-ST or
(ii) suspend trading of the Company?s listed shares
(without the agreement of the
Company) with a view to removing the Company from t
he Official List of the SGX-ST."
seanpent ( Date: 15-Aug-2013 16:47) Posted:
hehe ..... got to check with min_min's source leh .....
JarolLo ( Date: 15-Aug-2013 16:44) Posted:
| What?? Delist??? Wah lao. Lucky I didn't go in. Thought of sleeping on this comfortable bed. |
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or may be write to company to enquire will know already
seanpent ( Date: 15-Aug-2013 16:47) Posted:
hehe ..... got to check with min_min's source leh .....
JarolLo ( Date: 15-Aug-2013 16:44) Posted:
| What?? Delist??? Wah lao. Lucky I didn't go in. Thought of sleeping on this comfortable bed. |
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hehe ..... got to check with min_min's source leh .....
JarolLo ( Date: 15-Aug-2013 16:44) Posted:
What?? Delist??? Wah lao. Lucky I didn't go in. Thought of sleeping on this comfortable bed.
seanpent ( Date: 15-Aug-2013 16:23) Posted:
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What?? Delist??? Wah lao. Lucky I didn't go in. Thought of sleeping on this comfortable bed.
seanpent ( Date: 15-Aug-2013 16:23) Posted:
delist ? u got firm news ?
min_min ( Date: 15-Aug-2013 16:13) Posted:
| dead cat stock, dont think will bounce back... waiting to be delist in sept liao la..
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delist ? u got firm news ?
min_min ( Date: 15-Aug-2013 16:13) Posted:
| dead cat stock, dont think will bounce back... waiting to be delist in sept liao la..
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dead cat stock, dont think will bounce back... waiting to be delist in sept liao la..
a little slow to catch, no Aussino move up one bid .....
next to move up is Lorenzo ?
seanpent ( Date: 15-Aug-2013 16:01) Posted:
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for now, does it looks like they are re-collecting at 112 for Aussino ... and 114 for Lorenzo ? |
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