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Human beings want free things... are they being tempted by the so-called free bonus issue of 2 warrants per share? LOL.
Agile short term punting is okay but don't understand why this stock went up so much despite loss. Just maybe everyone loves the Iskandar story.
Market is so bad and yet this still stand tough...something is brewing...
wondering how high can this baby goes...abv 0.50?
Penny only hope is Peter lim faster come out to rescue plan ,faster settle rowsley rto action,now market need good news so rowsley. ,informatics ,and jiutian hope got gooood news other penny rto action
I sold it @ 0.445... Feel the wall is too thick so sold it, never knew wall is overtaken and chiong up... What a day! Maybe short it tomorrow???
novice_trader ( Date: 05-Jun-2013 10:34) Posted:
| Thick wall at 0.45... Once break it will chiong up. |
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Dunno whtr it is a trap or not.
Thick wall at 0.45... Once break it will chiong up.
In play today after resting for quite a while.
Difficult to reach that high unless some big ones (control) want to push it up. Good luck!
slow moving. hoping to see 0.465 to come.
Results no good. Caution needed. Good luck.
novice_trader ( Date: 31-May-2013 09:56) Posted:
Bro, ship moving soon?
bishan22 ( Date: 30-May-2013 12:47) Posted:
| This guy not in play today. Scoop more and wait for the music to start. Good luck. |
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Bro, ship moving soon?
bishan22 ( Date: 30-May-2013 12:47) Posted:
This guy not in play today. Scoop more and wait for the music to start. Good luck.
bishan22 ( Date: 28-May-2013 15:54) Posted:
| Join in the dance today. Good luck. |
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FYMar13 results inconsequential. Rowsley continued to generate minimal revenue mainly dividend income and posted wider net losses of $5.9m, mainly due to impairment and loss on an associate. The group ended the year with cash of $15.1m, which compares with its burn rate (i.e. negative operating cash flow) of $3.2m.
The stock trades at 12.1x P/B. The group is working towards the completion of the proposed acquisitions of RSP Artchitects Planners & Engineers and the 9.23 ha land in Msia’s iskandar region. Rowsley will fund the transactions, worth a total of $545m, by issuing an aggregate 3.6b new shares at $0.15/sh. Subject to the acquisitions being completed, Rowsley is also proposing 2-for-1 bonus warrants with exercise price of $0.18/share, to be issued to the existing shareholders. Mgt expects the deal to be completed in 2H13 after regulatory and shareholders’ approval.
Note: NAV only 3.6 cents...
Join in the dance today. Good luck.
s100125 ( Date: 28-May-2013 14:54) Posted:
Dancing with the king till 0.50cents |
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I think go up will come down abit and then go up again. good luck.***
