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Cheonging again. Today T+5, likely to play up tomorrow or next week.
Yah, you are right. These suckers always prey on retailers like us lah. Just have to hold and ride it out... one more day, tomorrow T+5, should be dry already :)
new6ie ( Date: 13-Nov-2013 10:45) Posted:
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It takes time. The market is full of shit, many fear mongers and Jiat Ner Bee, staggers who operate ninja-like. They create fear, sell short heavily (since fear discourages others to put money to bet/invest) and then profit by buying back lower.
Not just Albedo, but they do it on many counters as soon as an opportunity arises for them to monger.
clickshop1628 ( Date: 13-Nov-2013 10:07) Posted:
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Involved but not in a direct way, only as lawyer. Already said before, no effect.
Today forced selling starts. Fugged up false move last week, Knn :(
When will it fly??
teeth53 ( Date: 09-Nov-2013 23:41) Posted:
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No doubt. Is a law firm. Lee n Lee came from a powerful family of banking background. Her parents were Mr and Mrs Kwa Siew Tee.
Just sharing abit on history. Just an after thought.
(nothing to do with Lee foundation, thou...Lee n Lee is involved with Albedo)
No, you did not say Lee& Lee were investors. But your statement is a bit misleading because you referred to Lee Kong Chian? We all know Lee Kong Chian was the founder of Lee Foundation. If Lee Foundation is involved, siao liao lah.
Like I say, lawyer not significance lah, unless they are fighting a court case.
Cheers :)
teeth53 ( Date: 09-Nov-2013 19:45) Posted:
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Did I ever posted they. The Lee & Lee as investor. No right. Is your thought that said ( your thought said so). I also posted they are law firm.
I posted they, each can play their part this term or this team can play their part. Each one has a role to play.
Note - agreed. Lee n Lee is a corporate law firm.
I posted they, each can play their part this term or this team can play their part. Each one has a role to play.
Note - agreed. Lee n Lee is a corporate law firm.
teeth, I am talking about your reference to Lee& Lee, NO significance to the deal at all. They are NOT investors but a corporate lawyer, do you get my point? Any company can appoint a top law firm to handle their case if they have the money but the lawyer is not a committed party to the deal.
If Lee Foundation comes in, then that's a different story. Don't mislead forumers. Although I am also vested, I don't anyhow talk one lah :)
teeth53 ( Date: 09-Nov-2013 10:24) Posted:
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A signal of intent. PrimePartners, Morgan Stanley Asia (S'pore), Deloitte & Touche and Lee & Lee are among those that have been or will be appointed. (This term will play their part for Albedo success)
Significance: The entire development of all seven parcels will take up to 15 years, which stems the significance of the commitment between both parties. If all goes well, the first parcel will get its development order in January, and the RTO is expected to complete in March after a shareholders? meeting.
Exe Director, corporate finance of Infinite Rewards - Leong Choon Meng.
teeth53 thot - They are known to bring success with big money involved and significant development for the next 15 years. (Slow n steady one). Phase one will be involve a very big plot of land for developing.
In between 15 years, there maybe a possibility of some changes to the games as plan for Albedo - 15 years?. All for the success for Albedo.
Please lah, teeth. Do your homework properly leh.
Lee & Lee => the Lees refers to Lee Kim Yew and Mrs Lee Kuan Yew
They are lawyers so just doing their job and get paid, not much significance.
But Albedo price action suggests a big move coming next week, although still got some stale bulls trying to get out. Once it breaks 4.1 on good volume, can cheong to 5cts and above.
teeth53 ( Date: 08-Nov-2013 08:56) Posted:
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Albedo looks good... Strong buying pressure ... Big sell queue, potentially to induce retailers throw @ 38/39?
seanpent ( Date: 08-Nov-2013 09:05) Posted:
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Albedo & Innopac twin action again ?
Lee & Lee, one of Singapore's most established and leading law firms, provides a comprehensive range of legal services to serve the differing needs of individuals and companies. Its areas of practice include banking, corporate, competition, intellectual property, litigation and dispute resolution, and real estate. Or....Dr. Lee Kong Chian..?.
Eventually he took up the rubber trade with Tan Kah Kee, a local tycoon and philanthropist who later became his father-in-law. Lee?s remarkable intelligence helped to distinguish him at work, and he eventually set out on his own in the rubber business. His progressive business acumen and scientifically oriented mind were rare among local entrepreneurs in that era. These assets and sheer industriousness helped him weather the economic turbulence of the 1930s, from which he emerged as a substantial landholder. Lee went on to diversify his business interests beyond rubber to include other agricultural products, real estate, insurance, and banking.
http://sg.finance.yahoo.com/news/stocks-focus-sg-koh-brothers-040846691.html
Infinite Rewards Stresses Commitment To Albedo?s RTO.
Infinite Rewards, which controls Reflections Oasis, the company that Albedo is trying to acquire in a reverse takeover (RTO) deal to transform itself into a property play, emphasised its commitment on seeing this deal go through. Albedo is trying to buy Reflections Oasis, which holds seven land parcels in Gelang Patah in Johor, for $774 million, via the issuance of 34.6 billion shares.
Significance: The entire development of all seven parcels will take up to 15 years, which stems the significance of the commitment between both parties. If all goes well, the first parcel will get its development order in January, and the RTO is expected to complete in March after a shareholders? meeting.
Many well-known names have been roped in for the RTO as a signal of intent. PrimePartners Corporate Finance, Morgan Stanley Asia (Singapore), Deloitte & Touche and Lee & Lee are among those that have been or will be appointed. Executive director for corporate finance of Infinite Rewards, Leong Choon Meng, mentioned that if Infinite Rewards is not serious about it, this kind of money will not be spent.
teeth53 thot - On Lee & Lee..?. (Lee Kong Chian) or Lee & Lee (Lee law firm). Anyway Lee name in in.
Enter only if you have holding power. Will be a slow climb. Imo using this time on other counters can make you more $$
Such things cannot be advised but indeed the high volume today is suspicious.... I tink it's safer for mid term... Up till end November rather than contra as quite unpredictable like today .. But high volume and went up... Hmmm
aj2invest ( Date: 07-Nov-2013 14:41) Posted:
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Tempting to step in at .039 now and take out tomorrow morning when the pattern repeats...? Advise please!
Bebas cukai.
Tankhookhoo.
Your guess is as good as mine...still it is in the green.
new6ie ( Date: 07-Nov-2013 10:06) Posted:
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Second wave up or wave down?