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sold all 60 lots at 0.375 , good ang pow today man, ha ha... but again, i did it too fast... because just got the news that, they want to push them up to 0.40 today.. anyway, two transaction today enough... but Luzhou got halts. jialat..
wow, 37.5 already. if it can close today at 38, monday will be even higher.. just like last year april [it started climbing fm 27 mar @ 32 to 59.5 on 18 april]
vested 60 lots at 0.36, cheers~ I hope I still can ride on the wave.
hope to be back to last year april when it gained 7 days from 36 to 62. Gd luck to all vested.
must be really gd news.
| 11:02:56 | 0.365 | 10,000 | Sell Down |
| 11:02:33 | 0.365 | 10,000 | Sell Down |
| 11:02:27 | 0.365 | 10,000 | Sell Down |
| 11:02:17 | 0.370 | 3,000 | Buy Up |
| 11:02:00 | 0.370 | 50,000 | Buy Up |
| 11:01:59 | 0.370 | 150,000 | Buy Up |
| 11:01:52 | 0.370 | 10,000 | Buy Up |
| 11:01:45 | 0.370 | 5,000 | Buy Up |
| 11:01:39 | 0.370 | 20,000 | Buy Up |
| 11:01:08 | 0.365 | 50,000 | Sell Down |
If MR really get hold of PI, fair value will be much higher than 36, I estimated to be around 60
36 liao, wat great news? VT selling PI???
Finally wake up... now 35
Yah... I think they're trying for PI.
But PI also not in a good market leadership position right? The biggest players are Singtel and Starhub.
But PI also not in a good market leadership position right? The biggest players are Singtel and Starhub.
Executive chairman is Walter Sousa, Koh is executive director. With CEO of mediacorp Lucus on board, I see great potential in the full integration of video/voice/data. One of the reasons for buying up to 30% of PI is to prevent Skype and PI forming joint venture.
Don't doubt MediaRing potential to shoot up...
Can we ever go wrong with Mr Koh as its Chairman??? Track his past records... My bets will always be with him...
yea VOIP everywhere..if they dont swtich or innovate something..not worth this company! I heard they are trying for Pacfic internet? is that true?
Free only for PC to PC, and not for phone to PC or PC to phone.
$2 ??
You gotta be joking !!
I agree with shplayer... VOIP is now a passe technology. MSN Messenger and Skype offers it FOC to users.
You gotta be joking !!
I agree with shplayer... VOIP is now a passe technology. MSN Messenger and Skype offers it FOC to users.
Will this MR will chiong like last time @ $2 level again ?
To me, there is no 'upside' news until they resolve the PacNet deadlock. Then again, even if they do secure control of PacNet, it is left to be seen how profitable VOIP will be. Currently, I think SKYPE is in a dominant position.
I would prefer to assess this stock upon news of further development.
Gurus, any comments on this as i feel it got of potential: pureplay voip, strong mangament team...
Probably still downtrending... be cautious
Gurus, is it on uptrend?
Going up...
Vantage Corp gets green light to sell or buy more stakes in PacNet
By Jeana Wong, Channel NewsAsia | Posted: 26 December 2006 2228 hrs
SINGAPORE : Vantage Corp has received approval from shareholders to decide on whether to sell its existing stake in internet service provider Pacific Internet or to buy more shares.
The company, which has been caught in a battle for control over PacNet, is now mulling its options.
Failure by Vantage to have a core business will lead to its delisting from the SGX.
Vantage Corp shareholders agreed on Tuesday to let the company either buy more shares in Nasdaq-listed PacNet or sell its existing stake at no less than US$9.50 a share.
The company is currently PacNet's second largest shareholder with a 28.3% stake.
But it has been caught in a battle for control over PacNet after MediaRing bought up more than 29% stake in PacNet.
Vantage is now weighing its options.
It can try to get a controlling stake in PacNet or pull out altogether.
Some 30 minority shareholders turned up to vote on Tuesday, although their say may not carry much weight.
Some were resigned to the lack of clarity in Vantage's vision going forward.
It is clear that the voting can be seen as a formality because Mr Kea Kah Kim holds the lion's share of Vantage Corp shares with a 77.5% stake in the company.
But minority shareholders said the process could still have been handled better.
They added that at the time of voting in this room just moments ago, they did not fully understand the mechanics or implications of both resolutions.
And they said the open-ended resolution on PacNet shares also essentially left the decision up to Vantage management.
Shares in Vantage have been suspended from trade since 2004 when it sold its core publishing business.
A second, separate resolution which directs the company's board to distribute cash to shareholders in case Vantage fails to have its trading suspension lifted was defeated.
Some minority shareholders said they would like to see some cash.
"So the best thing is to sell and get the money and distribute it" said Heng Yiam Hwee, a minority shareholder.
Vantage has until end of May next year to find a new core business or be delisted.
Its half year results ending in September show that the company's cash and cash equivalents totalled some S$19.5 million, down from S$50.8 million a year ago. - CNA /ls