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Wow breaking another high at 3.10
teeth53 ( Date: 26-Dec-2012 08:55) Posted:
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There is gap to fill, opening may again gap up...do take fast n quick profit B4 it stay stagging...
Happi Speculating.
Rowsley ck swift to informatics,get ready for pxx hse to push,,,,today is informatics century,,,,,,buy
Valued by biggest vested BBs for oni 15c, so players will 1 2 play up say to just about $0.295c...happily been manipulated n do take some profit. one will never know or be able to beat those BBs when the axe will fall.
Gosh.... haha
Why ppl think that stock chiong is cause of fundamentals?
Let me give you an example -> > > Yoma... (last year 2011 dec it was only a penny worth 10c..Now where is it?)
When BBs want to play (long or short).. just ride the waves..
IMO: Have a profit target and cut loss plan, and always have bullets for times like this (" ,)
Am thinking of shorting it tdy if reach 0.29 as it went up too much n too fast in just 2 dys.
teeth53 ( Date: 26-Dec-2012 08:06) Posted:
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would wish to thk u for making effort to sharing ur view n opinion regarding Rowsley share value, purely shares been manipulated by vested BBs.
teeth53: on sharing my thot...
would wish to thk u for making effort to sharing ur view n opinion regarding Rowsley share value, purely shares been manipulated by vested BBs.
teeth53: on sharing my thot...
So, 2 things of concern :
1. non-binding terms sheets (an binding agreement would sound nice, but a 'non-binding' terms sheets is not too convincing enough)
2. when share price jumped +160% 'too fast and too furious', guess it will attract a fair share of strong short-sellers.....?
WallStreet3 ( Date: 26-Dec-2012 03:06) Posted:
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I am NOT saying Rowsley share price will go up or go south .......because I dont know : ) (Quoting Wallstreet Movie " if you're not inside, you are outside" )
But reading the media article again and again, I found these words " non-binding term sheets" means....?
I am not a professional but " non-binding term sheets" may mean terms can be altered and can be non-binding, right ?
So:
1. if deal ok with proposed terms, rowsley share price may go up. but is $0.25 - $0.30 / share too high or ? since all shares purchase basis $0.15 / share.
2. if deal did not go thru (deal not confirmed yet as now only " non-binding term sheets" ?), then rowsley share price may go back to $0.05 - $0.10 / share ?
All i notice is rowsley share price jumped from $0.10...... $0.15............ $0.26 'too fast and too furious'..... ( about + 160% increase )
Maybe my analysis is wrong (any experts here can comment more/better info or other analysis, i want to learn ~ thanks !)
So, if basis Rowsley as an individual entity alone, and basis its net assets, as well as its Rev + profit / loss performance, it would be fair to say Rowsley share price may be worth less than $0.05 - $0.10 / share.
So, I ask myself this question, then why did RSP if worth $223 mil, keen on all shares agreement with a company that has net assets of only about $30 - 40 mil (based on Annual Report)?
3 reasons I can only guess:
1. backdoor listing ? ==> question again, why RSP not going for direct IPO listing then ?
2. PL helping PL ? Vantage helping Rowsley ?
3. So I ask myself Questions, questions again..., if without the all shares purchase of the land (valued at $358 mil) by Rowsley, would RSP be keen on the M& A with Rowsley ? ==> having said this, is the land parcel valuation sale of $358 mil a 'premium or the opposite' to Vantage ? Note : it is not cash purchase, it is all-shares purchase.
Phew, I spent hours trying to analyze ....CORRECT me if i am wrong ....
Rowsley : a company with 'not much revenue' and make a loss of about $ 4 million (based on the Annual Report) Net Assets about $30 - 40 mil only PL owning about 30% in it .
RSP Architects : not sure how much it is worth if based on its audited reports, but based on proposed about $223 mil ? (all shares only, not cash)
Vantage Bay Sdn Bhd (PL 70% Johor 30% ?) : proposed land sale to Rowsley for $358 mil ? (all shares only, not cash)
Please note PL haves substantial stakes in both Rowsley (about 30% ?) and Vantage (70% ?)