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just curious.... how u derive to this deduction ? "If progen can do a >3millions shares traded today, maybe then we can see the >15cts broken ......"
If progen can do a >3millions shares traded today, maybe then we can see the >15cts broken and much more to come...Upside is intact...Immediate target is 16cts and then 20cts b4 it rally to 25cts and above....
yup, vested here last week and will be holding on for the good stuffs...I always like to expect the unexpected...Progen used to have 'sexy' news like RTO a couple of years ago but never came true...With sound balance sheet and strong cash on hand, i think it makes a good candidate for RTO....
u vested ?
SSH buying up more share from the open market came from today's announcement...u can view it from www.sgx.com.sg Well, base on the buying up constantly by the SSH...definately there's a lot of suspicion...I would assume it could be a sudden news that take most investors by surprise...
luckyfa, thanks.
when u think the news will be made public ?
More open market purchase by the other SSH...Looks like gonna to have some good stuffs coming....SSH loading up more Progen shares from the open market...
Date of change of Deemed Interest 07-06-2007
2. Name of Registered Holder Yong Kang International Ltd
3. Circumstance(s) giving rise to the interest or change in interest [COLOR="SeaGreen"]Open Market Purchase [/COLOR] # Please specify details
4. Information relating to shares held in the name of the Registered Holder
No. of Shares held before the change 15,966,000
As a percentage of issued share capital 5.87 %
No. of Shares which are subject of this notice 190,000
As a percentage of issued share capital 0.07 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received 0.125
No. of Shares held after the change 16,156,000
As a percentage of issued share capital 5.94 %
RTO = Reverse TakeOver...The new SSH is a smart guy and an old hand in the stock market...He knows where to place his chips...Somethings brewing over here!!!!!!!!!!!
luckyfa, what is RTO ?
Recently SSH, Chong Thim Pheng Winstedt, has been selling down ASIA ENTERPRISES HOLDING LTD stakes and adding on more to Progen stakes. Wondering wat is he up to!!! Could he see potential in Progen in RTO? or he's taking the opportunity to introduce a new business in progen, O&G related? Well, Progen has a sound balance sheet and lots of cash in hand, good candidate to be!!!! Either one, it will trigger a big big jump in the share price...Hold on for good news ahead...
regretted selling @ 13.5cts !!
Yup! He's name is Chong Thim Pheng Winstedt, founder of Link Island if u know of (and i m right about my research....)...He's a very experience guy in O&G sector...He has heen constantly buying in from the open market and through married deal too recently, now holding around 9.01% of progen...Smell something is brewing and hope he does his 'Wizard' soon....Anyway, progen is an investment company with it's group engaging in air-corn and rental business. Cash on hand is also very strong...U can guess wat i am thinking of and u should have the same idea....To one's will, I believe holding on and accumulate more on the way....
Do you mean that SSH has bought progen's share? I'm still holding some progen shares. Can some advise if i should hold on?
SSH has been constantly buying up more shares recently...Could expect some sort of good news on the table....Could be cliching major projects or possible M&A?? Just wondering....
Really ? Just sold at 13.5cts. 
Progen ignite soon...target 16cts b4 moving to 20cts mark....
hi victorian, what next after hitting 14cts ?
Any one knows the outlook for progren? it seems its going up.
14cts in sight !!
It seems that it going up slowly...up up up.