
Yesterday 2ndChance bought back 2000 lots. Today bought back 999 lots. Looks like the company is supporting the share price at $0.39.
hoping to close at 39.5cts this week ! 

he can initiate a takeover ? or he can seek to delist? either way, buying now may be quite profitable? or.... he knows something we dont...... heeheehee...
http://info.sgx.com/webcorannc.nsf/AnnouncementTodayByCompanyNameAndCategory/A4623CEB2B6192A848257A5D0027C6C7?opendocument
Founder and CEO holds 63.1% now!
  ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------
MOHAMED SALLEH MARICAN    63 years
Founder & CEO
Member, Nominating Committee
Mr. Salleh Marican is the founding shareholder of the Group and has
been Chairman and CEO since incorporation. He has 35 years of retail
business experience.
 
In 1988, he won the inaugural Malay Businessman Award, jointly
organised by the Singapore Malay Chamber of Commerce and Berita Harian.
 
In 1996, he received the Entrepreneurship Excellence Award that was
conferred by Lianhe Zaobao and the Entrepreneurship Development Centre
of the Nanyang Technological University. In July 2011, he was accorded
the Berita Harian Achiever of the Year 2011 award.
 
He served 3 years National Service and left with the rank of Lieutenant.
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
thanks Bopanha...good to hear that you think so too... very good... made my day...thanks!!
Bopanha ( Date: 17-Aug-2012 10:03) Posted:
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Just fyi, only 1 lot traded.
Congrats to tea4 and many longtime holders.  This one has potentials.   
1234567 ( Date: 17-Aug-2012 10:00) Posted:
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oh man ... it's 39.5cts now ! 

this is getting intriguing...:)
Big annoucement soon ? Joint venture with some other companies in property development ? To be a billion revenue company in 10 year times (2022), they need to do something big now! Just specluating ... I really don't know ...

 
mmm...why keep buying back shares?
 
  http://info.sgx.com/webcorannc.nsf/AnnouncementTodayByCompanyNameAndCategory/534CEFAA71EC386F48257A5C00259CE5?opendocument
Daily Share Buy-Back Notice by 2nd Chance
Date of Purchase: 16 Aug 2012
Total number of shares purchased: 3,983,000 (95.2% of today's volume)
 
  This year share buy-back, correct as of Aug 15 2012.
83 | SECOND CHANCE PROPERTIES LTD | DAILY SHARE BUY-BACK NOTICE | Aug 15 2012 | 05:45:10 PM |
161 | SECOND CHANCE PROPERTIES LTD | DAILY SHARE BUY-BACK NOTICE | Aug 14 2012 | 05:58:50 PM |
124 | SECOND CHANCE PROPERTIES LTD | DAILY SHARE BUY-BACK NOTICE | Aug 13 2012 | 05:57:20 PM |
206 | SECOND CHANCE PROPERTIES LTD | DAILY SHARE BUY-BACK NOTICE | Aug 10 2012 | 06:36:48 PM |
151 | SECOND CHANCE PROPERTIES LTD | DAILY SHARE BUY-BACK NOTICE | Aug 03 2012 | 06:27:22 PM |
This horse has gas, I think. The dividend is the carrot, what else I am not sure.  2ndChance itself is their own BB here these few days. Vested.
1234567 ( Date: 16-Aug-2012 11:19) Posted:
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3.2 million shares traded ... the highest volume (correct me if I'm wrong ..) ever seen in half session for this stock ...something's brewing ....
has anyone here any idea why the coy is so engaged in such aggressive buy backs?
1234567 ( Date: 15-Aug-2012 18:34) Posted:
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  http://info.sgx.com/webcorannc.nsf/AnnouncementTodayByCompanyNameAndCategory/93887DBC0F15038E48257A5B002B6C6D?opendocument
Daily Share Buy-Back Notice by 2nd Chance
Date of Purchase: 15 Aug 2012
Total number of shares purchased: 651,000 (81% of today's volume)
wow... what does this mean for our second chance? price to be pushed higher perhaps? lets hope and pray so.....
edwinjup ( Date: 14-Aug-2012 21:14) Posted:
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39cts ! hahaha ... 

With effect from this month. All stock needttrade above fifty cents then can issues bonus share..
tea444u ( Date: 13-Aug-2012 21:38) Posted:
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