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SINOMEM 'remains under-valued and mispriced'

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ozone2002
    05-Mar-2011 17:12  
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70c....bee tang like seowwwwwwwww!!!!!!!!!!!!!!!!

ozone2002      ( Date: 08-Jan-2011 09:09) Posted:



very undervalued stock..

started its move up just few days ago

still trading below NAV 53c

accumulate this cheap stock..

DYODD gd luck!

 
 
warrenbegger
    05-Mar-2011 16:47  
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Sinomen is not a S-chip, and that a difference compare to other real S-cheat. They got asset in sinagpore so they cant  run :)
 
 
timqoo
    05-Mar-2011 14:43  
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wow. Cash offer of S$0.70 per share (the " Offer Price" )

timqoo      ( Date: 05-Mar-2011 14:41) Posted:



for those vested looks like good news

Cash offer of S$0.70 per share (the " Offer Price" )
 Represents attractive premium of:
o 28.44% over the last transacted price per share on 1 March 2011 (the " Last Trading Day" ) (being the last full day of trading in the shares of Sinomem Technology Limited (" Sinomem" or the " Company" ) prior to the date of the announcement of the offer on 5 March 2011)
o 31.09% to 36.45% over the one (1)-month, three (3)-month, six (6)-month and 12-month volume weighted average price per share (" VWAP" ) prior to the Last Trading Day
o 59.09% over the Company's Initial Public Offering of S$0.44 per share
o 31.63% to the Net Asset Value (" NAV" ) per share of S$0.5318 as at 31 December 2010
 Clean Water Investment Limited (" Clean Water" or the " Offeror" ) is seeking to privatize and de-list Sinomem from the Singapore Exchange Securities Trading Limited (" SGX-ST" )
 Irrevocable undertakings to accept the offer granted by the undertaking shareholders in respect of a stake of approximately 56.05% in the Company




 

 
timqoo
    05-Mar-2011 14:41  
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for those vested looks like good news

Cash offer of S$0.70 per share (the " Offer Price" )
 Represents attractive premium of:
o 28.44% over the last transacted price per share on 1 March 2011 (the " Last Trading Day" ) (being the last full day of trading in the shares of Sinomem Technology Limited (" Sinomem" or the " Company" ) prior to the date of the announcement of the offer on 5 March 2011)
o 31.09% to 36.45% over the one (1)-month, three (3)-month, six (6)-month and 12-month volume weighted average price per share (" VWAP" ) prior to the Last Trading Day
o 59.09% over the Company's Initial Public Offering of S$0.44 per share
o 31.63% to the Net Asset Value (" NAV" ) per share of S$0.5318 as at 31 December 2010
 Clean Water Investment Limited (" Clean Water" or the " Offeror" ) is seeking to privatize and de-list Sinomem from the Singapore Exchange Securities Trading Limited (" SGX-ST" )
 Irrevocable undertakings to accept the offer granted by the undertaking shareholders in respect of a stake of approximately 56.05% in the Company



 
 
commando
    05-Mar-2011 11:17  
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not another one?????
 
 
Salute
    05-Mar-2011 00:35  
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read the word, it's " transaction" , at least not checking on accounts or some senior chiefs in the company. it might not be as bad as you are thinking ..............I think only huh.not insider as it's not my own biz, too bad. too much depressing events these few weeks, try to think positively

timqoo      ( Date: 04-Mar-2011 20:49) Posted:



correction. this halted on  02-03-2011. so today is 2nd day of halt.


Date of Trading Halt *
02-03-2011  
Time of Trading Halt * 0900 hours  
Reasons for Trading Halt *
Pending announcement of a transaction.  


timqoo      ( Date: 04-Mar-2011 20:40) Posted:

not vested in this. but this halted for 3 days already. now still no news.


 

 
timqoo
    04-Mar-2011 20:49  
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correction. this halted on  02-03-2011. so today is 2nd day of halt.


Date of Trading Halt *
02-03-2011  
Time of Trading Halt * 0900 hours  
Reasons for Trading Halt *
Pending announcement of a transaction.  


timqoo      ( Date: 04-Mar-2011 20:40) Posted:

not vested in this. but this halted for 3 days already. now still no news.

 
 
timqoo
    04-Mar-2011 20:40  
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not vested in this. but this halted for 3 days already. now still no news.
 
 
james87
    04-Mar-2011 18:25  
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Any update on this
 
 
Salute
    04-Mar-2011 00:35  
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So I shall feel relief with investment in united envirotech becuase they are both graduated here and decided to list their companies here to gain credibility.........hooray!!! (well, with some praying .......nevertheless).

Just had conversation with an expert and he said that BOT  generates (water=good for feng shui, just side track)  good return when they start supplying(perhaps it's a no appropriate word) water, or the plant starts functioning and united envirotech has a lot of such and I believe Dr Lin is a better biz than those china milk and celestia.

just hope sinomen is halt for something good though I am not vested in this one

 

qwertyuiop00      ( Date: 03-Mar-2011 23:59) Posted:



just to let you guys know, sinomem is not an S-chip.. it's a Singapore company owned by a Singaporean with their operations based in China..

vested in this stock before.

 

 
qwertyuiop00
    03-Mar-2011 23:59  
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just to let you guys know, sinomem is not an S-chip.. it's a Singapore company owned by a Singaporean with their operations based in China..

vested in this stock before.
 
 
warrenbegger
    03-Mar-2011 23:12  
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LOL! U right man.

Salute      ( Date: 03-Mar-2011 22:55) Posted:



This is crucial to prove how genius the CEO of this company, he ever urged analyst to remind the publics that they are not chinese listed company, he is graduate here and a citizen here.

Hope this one is a different one.

I have seen those hongxin, jinshan. those very chinese name and I didn't touch them. But being said that, have been knocked badly by some chinese companies. They are really a bunch of unsincere/crook bizmen. They don't care about others(shareholders) money in either imcompetent biz mind(strategy wise, wearing hat thats too big for them or just stir it's money into their pocket first when things go rotten as they were the first to know. eg: the CEO of Yangziyang during the last peak above $2.50, he kept selling and selling.)

attending some AGM of these companies, is really blood boiling tai chi Q & A sessions

warrenbegger      ( Date: 03-Mar-2011 22:31) Posted:

I wish dont anyhow suspended again, maybe nothing serious or got something to announce.


 
 
Salute
    03-Mar-2011 22:55  
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This is crucial to prove how genius the CEO of this company, he ever urged analyst to remind the publics that they are not chinese listed company, he is graduate here and a citizen here.

Hope this one is a different one.

I have seen those hongxin, jinshan. those very chinese name and I didn't touch them. But being said that, have been knocked badly by some chinese companies. They are really a bunch of unsincere/crook bizmen. They don't care about others(shareholders) money in either imcompetent biz mind(strategy wise, wearing hat thats too big for them or just stir it's money into their pocket first when things go rotten as they were the first to know. eg: the CEO of Yangziyang during the last peak above $2.50, he kept selling and selling.)

attending some AGM of these companies, is really blood boiling tai chi Q & A sessions

warrenbegger      ( Date: 03-Mar-2011 22:31) Posted:

I wish dont anyhow suspended again, maybe nothing serious or got something to announce.

 
 
warrenbegger
    03-Mar-2011 22:31  
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I wish dont anyhow suspended again, maybe nothing serious or got something to announce.
 
 
Jackpot2010
    03-Mar-2011 22:29  
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After 3 days  HALT means status become " SUSPEND" . I believe it  relates to some  placement issue at sharp discount  or worse, Qualifed Audit Report by Deloittes LLP. Tomorrow will  announce....
 

 
warrenbegger
    03-Mar-2011 18:04  
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Pls dont invest too much on S-chick and is better not to vest at all in them. Due to lost of trust and most important, lost of value in S-chip. For those poor/unlucky investor that kanna burn in those suspended S-shit counter, i feel heart pain for  them and i can feel how pain it is to lost so much or even all in S-shit. As to show my support for those who kanna burn and to avoid another S-shit scandal again. I hereby annouce that i wont invest or promote any S-shit again, i wish those who kanna burn clear your tears/heartpain and stand up again. So many  local good counter to invest, we can all skip S-Shit and condemn them for doing rubbish. It better to invest  in local  stock  as we can see our investment here in singapore and anything happen we also had first hand information.  If u want to  invest china stock, i think u better camp beside that company and follow the  CEO everday in order to be safe. I wish all good luck and take care, i going heaven to find my love now. cya...
 
 
fragaria
    03-Mar-2011 16:13  
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Why still halt???
 
 
ianong
    02-Mar-2011 16:24  
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No dividend and some more halt. I am getting worried. Why S-chip all like that???
 
 
Jackpot2010
    02-Mar-2011 16:05  
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Few S-chips halted - all bad news. Could be placement exercise.
 
 
MrKenny
    21-Feb-2011 23:46  
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If you are an investor seeking for a long term capital  appreciation with low risk tolerance, you should start buying in and hold. It is an undervalued stock!Smiley
 
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