
Octavia ( Date: 17-Oct-2013 23:03) Posted:
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Sona Petroleum not taking stake in Singapore's RH Petrogas
http://www.thestar.com.my/Business/Business-News/2013/10/16/Sona-in-the-midst-of-evaluating-other-assets-Contrary-to-speculation-it-wont-take-up-stake-in-RH-Pe.aspx
 
trade with care 
Edwin San,px went north loh...difficult to catch the share rhythm.wonder why the px shot up when placement share is 63c/shr.Hope it is not what Gabriel Yap, executive chairman of GCP Global, said:   it's not something new. It is something that we've seen during the nineties, for Malaysian stocks.
The modus operandi is actually similar, in the sense that you actually have a case where the share prices are being ramped up at the same time, the companies involved are making announcements, pertaining to projects that promise a great deal."
 
edwinjup ( Date: 17-Oct-2013 14:03) Posted:
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Gd advice.
Turning red again.Maybe counter related to malaysia hence investors become wary again.
derekchong ( Date: 16-Oct-2013 16:29) Posted:
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PROPOSED PLACEMENT OF UP TO 116,000,000 NEW ORDINARY SHARES AT A PLACEMENT PRICE OF S$0.63 PER SHARE
http://infopub.sgx.com/FileOpen/20131016_RHPL_Completion_of_Placement.ashx?App=Announcement& FileID=259895
edwinjup ( Date: 17-Oct-2013 08:52) Posted:
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WanSiTong ( Date: 16-Oct-2013 18:32) Posted:
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The Placement Shares will be listed and quoted on the Official List of the SGX-ST with effect from 9.00 a.m., 17 October 2013.
this is a very tricky counter. up and down
very fast.
don't take $0.63 cents placement price as
a reference to buy.
years back, placement price was $0.80 cents
and it was forced down to $0.50 not long after.