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Thz Mr Sgxtrader2013
Many get trap by this stock. You may consider to enter at good price 0.105
Now answer? Many are crying in pain...so sad
Is good to buy now? Please advise
GSH Plans To Raise Another $246.8 million Via Right Issue
Just two weeks after the Lippo group and a private equity fund invested $37.5 million in it through a stock placement, Global GSH Corporation, which distributes medical consumer goods and photographic and imaging equipment, announced plans to raise another $246.8 million in a rights issue. GSH plans to issue up to 4.9 billion new renounceable 1-for-1 non-underwritten rights shares at $0.05 per right share. According to the release on the SGX, GSH said it is gearing itself for further inroads into the property, building construction and the manufacture and/or sale of concrete, sand, cement and other construction materials in China.
Significance: The issue price is a 42.5 percent discount to the stock’s theoretical ex-rights price of $0.087 per share, based on its closing price $0.124 on 5 March 2013. GSH had in last month reported a net gain of US$4.3 million, as compared to a net loss of US$0.3 million for the full year ended 31 December 2012, primarily due to the net gain on extinguishment of debt of US$3.6 million.
looks like should have good news ahead.
seanpent ( Date: 06-Mar-2013 10:04) Posted:
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or innopac?
super solid ..... think safer not to short with low volumes ..... not sure if this will happen to Jackspeed too ?
Oooolala...
Looks like stay around at the current price... not active compare to last Thursday. Will see.
Able to get lippo grp to buy e company shares not bad....long should be good plus Sam goi support not problem
Up on Monday??? I bgt at 125 leh...omg!!
52 week high is 158.
aputako ( Date: 22-Feb-2013 15:10) Posted:
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Any advise on further upside or down trend?
Why now??
It is cheap to buy this multiplier stock now...my opinion
Its been a while GSH has topped the volume. Time to catch up with other Pennines...
another solid day for pennies ?
Can cheong or not? After all this is popiah king's company with his name on it .
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_444E9A8F8F42832C48257B18002F23BA/$file/GSH_Corp_PlacementRelease_Final_20022013.pdf?openelement