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More buying by Dr Cheo on 23 May, check out the SGX website.
Anyone still vested in this stock?? Seems to have been sliding due to low interst ...
Yes.. Can go to sgx website n take a look..
Has the earning report come out?? Anyone know the drop is due to what reason??
This is just my gut feel, no concrete news yet. But this stock looks like oversold.
Only Cheo Family able to tell, if Cheo able to acquire more than 90% , you have no way to bargain with them for the offer price and seen they are doing now.
kokhong ( Date: 21-Feb-2013 10:17) Posted:
| If Mewah gets privatised, how will the price to acquire be calculated? Anyone can enlighten? |
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If Mewah gets privatised, how will the price to acquire be calculated? Anyone can enlighten?
Results will be out next wednesday 27/2 after trading hours. Mewah has been accumulated for quite awhile at 0.5. Something maybe brewing soon and I believe this quarter result should have improved as the Cheo family is acquiring more. Stay vested.
Mewah International Inc. (the “Company” and together with its subsidiaries, the “Group”) wishes to announce that the Group has decided to restart the installation of the refinery in Sabah, Malaysia.The refinery with installed capacity of 2,000 MT per day or approximately 700,000 MT annually is expected to cost RM225 million (equivalent to approximately USD73 million) and will be funded from IPO proceeds, internal accruals and external borrowings. The refinery is expected to be completed by end of financial year 2013. The refinery will increase Group’s refining capacity from 2.8 million MT to 3.5 million MT which at 80 to 90% capacity utilisation is expected to produce 2.8 to 3.1 million MT of refined oil. Group achieved total sales of 3.6 million MT of refined oil for the financial year 2011.
Doesnt expect this coming result will be very good... Will sell If the price can reach 0.57 b4 the announcement... Jus my own thinking...
Why you so confirm ? last year before result release , Cheo family did buy in the share but last year result is dissapointed.
Hope this round as you said , it is good result.
ykjuay ( Date: 20-Feb-2013 15:27) Posted:
| expect very good results coming 27th Feb .....tgt 58cts easily, now their own family is accumulating slowly at low price , sell only abv 57c |
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expect very good results coming 27th Feb .....tgt 58cts easily, now their own family is accumulating slowly at low price , sell only abv 57c
If recap Dec announcement , Cheo family control 86% and followed by Jan 13 married deal and open market purchase, the cheo family should own the share very near to 90%. i think just a matter of time to privatise, but the problem is the offer price may not favarouble as they just need to got 1-2 % then can force minority to sell them the share.
There is married deal?? When was it announced
hey guys... try not be bother by news & rumours...
they always wanna to buy low prices from us by creatimg bad downgrading news to flush us out...
me still holding since last Feb 2012... Hoping the married deal done @ 58 lately are good news soon...
regards
dennisb ( Date: 18-Feb-2013 23:48) Posted:
| Still holding... Waiting for the result next week... UOB downgraded this counter to trading sell with a tp of 0.38... Haiz... Expecting a bad result... |
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Still holding... Waiting for the result next week... UOB downgraded this counter to trading sell with a tp of 0.38... Haiz... Expecting a bad result...
Anyone still looking at this stock today?? Seems very quiet ...
Results shld be out soon...so lets wait for it to happen. Currently, im still waiting too.
Do you have some evidence?kokhong ( Date: 08-Feb-2013 13:36) Posted:
| This breakout will be fast and furious if there is. Awaiting to vest at the right timing. |
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when will it happen??? if it will happen....wait until neck also long
This breakout will be fast and furious if there is. Awaiting to vest at the right timing.
