China Gaoxian   

ChinaGaoxian

Resumption of trading?

 

http://infopub.sgx.com/FileOpen/ChinaGaoxian_Approval_for_Extension_of_RTP_1Aug2013.ashx?App=Announcement& FileID=250425

CHINA GAOXIAN FIBRE FABRIC HOLDINGS LTD. (中 国 高 纤 控 股 有 限 公 司 )
(Incorporated in Singapore on 9 September 2008)

APPROVAL FROM SGX-ST FOR FURTHER EXTENSION OF TIME TO IMPLEMENT THE RESUMPTION OF TRADING PROPOSAL

Reference is made to the Company’s announcement dated 23 July 2013.

The company is pleased to  inform Shareholders that it has today obtained SGX-ST approval for a further extension of time till 31 August 2013 for the Company to implement its proposal for the resumption of trading of the Company’s Shares on SGX-ST.

 

coming soon maybe july,check on SGX website.

stockhunter      ( Date: 04-Feb-2013 19:57) Posted: How come this babe seem forever sleeping , any updates it will wake up again ?

 

How come this babe seem forever sleeping , any updates it will wake up again ?

 

saw gaoxian new giant factory is really eye opening in sgx annoncwment. this is what you get if you do things fast in constructing the factory rather than going through the formal framework. there is big future for gaoxian. how fast can you construct the big plant here. submission to building authority will you back by at least 2 years. 

 

what price when trading resume?

i estimate around 5c only - since the new major shareholder (Dymon Asia) is paying 3.46c per share (average cost).

Dymon Asia Fund : subscribed for 270m new shares at 10c each + chairman CaoXB sold 510m of his own shares to Dymon for free (@$1 nominal value). therefore, average cost to Dymon = 3.46c per share.

All existing shareholders to receive free warrant 1-for-2 at exercise price of 10c - but nobody is going to put in new monies, so this has limited impact.

Jackpot2010      ( Date: 30-Oct-2011 11:21) Posted: sound advice by teeth53. drop to 5c (from pre-19c) is possible but not 0.05c - too drastic, if it happen can see blood on the street liao. teeth53      ( Date: 30-Oct-2011 10:20) Posted: So many is now awaiting to get out, yet as many is playing on short, my take is even BBs is willing, the market for CGX  is really in bad shape,  if not worst  of, a scenario that play out b4, for EG: 0.40c > 0.30c and slope down to halt at 0.19c, fallen from a high of 0.26c on just one day trade. It fallen by 0.07c This time on opening for trading, it will even open up a bigger downward gap. MACD signal will fall further. It is likely players will start selling /  shorting at around 0.12c, and down to 0.05c. https://www.ketrade.com.sg/page/charting/SLQG_ChartMain.jsp?pid=387& ex=SGX& ctrCd=I4U& ssid=245688106311110200& infTy=0& lang_id=English Just my thot on alternative viewing, giving that KOSPI is requesting to delist CGX.

 

I'm one of them! 

Will let go at the first instance regardless of the price, this one give me nitemare. 

 

Those pple hv been holding tis till now really...
Poor thing...

('',)

Bon3260      ( Date: 24-Mar-2011 22:13) Posted: Dat was my " 3rd warning" on 17-Feb-2011. ('',) Bon3260      ( Date: 17-Feb-2011 08:08) Posted: I repeat... Sell ChinaGaoxian when rebounce... ('',) Note: ChinaGaoxian as @ 16-Feb-2011 close 0.270

 

On last day of trading, 21Mar2011, there was a huge surge of shares change hands, volume is abt 138Million shares.   If resume trading at least this amount should be dump into the mkt without shorties efforts therefore Shorties will use this volume to estimate their action.

 

this chee bye is obviously a cheap.1st pretend to b a newbie n ask all sort of innocents questions then claim to b a daughter of a forumer  then slowly show her/his true colors by posting her/his views which many of the so called experts aka sifu alsoblur.this chee bye is obviously a trader seeking cute attention n no doubt know about trading better than most of us.DONT B FOOL BY HER

xinru86      ( Date: 30-Jun-2012 17:23) Posted: Watch out, the moment allow to trade, usually ppl first respond is?????

 

Sell like hot cake first,

Then after that...

Ha haa haaa :)

xinru86      ( Date: 30-Jun-2012 17:23) Posted: Watch out, the moment allow to trade, usually ppl first respond is?????

 

Watch out, the moment allow to trade, usually ppl first respond is?????

 

 

@ CHINA GAOXIAN AGM: Trading resumption on the way

 

their promised regular update already vanished for months.erm, lets see what they going to do, but its total lost already.

 

The dateline for KRX stated improvement period will be due soon on 15 Mar....

gavinl      ( Date: 24-Nov-2011 20:43) Posted: Thanks for the update. krisluke      ( Date: 24-Nov-2011 20:40) Posted: China Gaoxian: Korea Exchange Grant Period Of Improvement. 24 Nov 2011 10:33 Subsequent to a review of China Gaoxian Fibre Fabric Holdings Ltd.'s Objection to Delisting filed on 2 November 2011, Korea Exchange has on 22 November 2011 granted the Company a period of improvement up to 15 March 2012 to address inter alia the issues set out in KRX's initial preliminary Delisting Notice. Upon the expiry of the Improvement Period, KRX will further deliberate on its decision to delist the Company's KDRs. In the mean time, trading of the KDRs on KRX will remain suspended until the end of the Improvement Period...Attachments: GrantbyKRXofaPeriodofImprovement.pdf

 

Submitted with respect to: CHINA GAOXIAN FIBREFAB HLDGLTD

Announcement Title: MISCELLANEOUS :: APPROVAL FROM SGX-ST FOR FURTHER EXTENSION OF TIME TOANNOUNCE THE COMPANY'S FINANCIAL STATEMENTS FOR THE FIRST QUARTER ENDED 31 MARCH 2011 (" FIRST QUARTER 2011 RESULTS" )

Broadcast Date: 02-Mar-2012 Broadcast Time: 15:01:01

Stock Code: I4U Reference No.: 00044

Announced by: CHINA GAOXIAN FIBREFAB HLDGLTD

Company Registration No.: 200817812K Submitted on behalf of: CHINA GAOXIAN FIBREFAB HLDGLTD

Submitted with respect to: CHINA GAOXIAN FIBREFAB HLDGLTD

Name of Announcer: Chan Hooi Tze Designation: Joint Company Secretary Broadcast date: 02-Mar-2012 Broadcast time: 15:01:01 Price sensitivity: Yes Contact No.: 6232 0465/6232 0332

Submission date: 02/03/2012 Submission time: 3:00:38 PM

Announcement Title: APPROVAL FROM SGX-ST FOR FURTHER EXTENSION OF TIME TO ANNOUNCE THE COMPANY'SFINANCIAL STATEMENTS FOR THE FIRST QUARTER ENDED 31 MARCH 2011 (" FIRST QUARTER2011 RESULTS" )

Description: Please refer to the attached.

 

A passing thought on this counter toward year end of  2011. Any chances of listing, just get out.

My obsevation need not be  important, your is - just plain advise. Pls do your own analysis and homework.

teeth53      ( Date: 08-Jan-2011 12:06) Posted: On sharing my own opinion, Today players here, still very confident and has recommended a most recently target px of up to 0.65c on KOSPI. Ever since news of dual listing broke on early Oct 2010, by the privilege few on 1st hand info gathered, China gaoxian traded price has since rocket from it bottom low of less then 20c -22c to where it was now, settling to low of 0.415c -0.435c, and after hitting a peak high of 0.465c - 0.470c on heavy traded volume.   On players in Korea (KOSPI news) Growth is slowing this year, investment risk is the thing - outrunning teeth53 - On Korea Analysts indicative commented it wisdom is worrying, On the recent share price soared. This somewhat strange phenomenon can be called. Domestic investors to invest in a little recently jumped China that the island is part of what we should have to worry teeth53 thot - Above is just my observation, ur decision to buy/sell or hold. Pls do your own analysis.

 

It will be lucky, if it is open for trading, perhap just for winding down.

Just get out ASAP and don look back....On sharing my thot and trading experience.

 

Thanks for the update.

krisluke      ( Date: 24-Nov-2011 20:40) Posted: China Gaoxian: Korea Exchange Grant Period Of Improvement. 24 Nov 2011 10:33 Subsequent to a review of China Gaoxian Fibre Fabric Holdings Ltd.'s Objection to Delisting filed on 2 November 2011, Korea Exchange has on 22 November 2011 granted the Company a period of improvement up to 15 March 2012 to address inter alia the issues set out in KRX's initial preliminary Delisting Notice. Upon the expiry of the Improvement Period, KRX will further deliberate on its decision to delist the Company's KDRs. In the mean time, trading of the KDRs on KRX will remain suspended until the end of the Improvement Period...Attachments: GrantbyKRXofaPeriodofImprovement.pdf

 

China Gaoxian: Korea Exchange Grant Period Of Improvement.

Subsequent to a review of China Gaoxian Fibre Fabric Holdings Ltd.'s Objection to Delisting filed on 2 November 2011, Korea Exchange has on 22 November 2011 granted the Company a period of improvement up to 15 March 2012 to address inter alia the issues set out in KRX's initial preliminary Delisting Notice. Upon the expiry of the Improvement Period, KRX will further deliberate on its decision to delist the Company's KDRs. In the mean time, trading of the KDRs on KRX will remain suspended until the end of the Improvement Period...Attachments:

• GrantbyKRXofaPeriodofImprovement.pdf