
Friday 30-04-2010. It closed of at $1.20ct. Let see how fast or slow to float back above water.
ChinaMinzhg | CPF | 1.180 | 1.200 | +0.040ct | +3.4% | Vol- 9,792,000 | 738,000 | 1.200 | 1.210 | 670,000 | Hi-1.220 | Low-1.170 | MFG | SGD | SGX | K2N | K2N_R |
It took Tiger Air to be back into black and about above water one n half months after it IPO-ed
Behaving like Tiger Air (China MinZhong solid responding back from BBs to others BBs.).
Just that this one big BBs is even bigger. Let see how slow or fast to float back into above water.
teeth53: just sharing my thot and opinion.
ChinaMinzhg | CPF | Opened:1.170 | Closed:1.190 | 0.000 | 0.0 | Vol;11,356,000 | 531,000 | 1.180 | 1.190 | 312,000 | Hi:1.220 | low:1.160 |
Trade summary: closed at 0.119ct (unchanged) on it 3rd day (T+3)
Last | Trades | Volume | Bid Volume | Mid | Ask Volume |
1.160 | 3 | 229,000 | 229,000 | 0 | 0 |
1.170 | 46 | 1,444,000 | 987,000 | 0 | 457,000 |
1.174 | 1 | 350,000 | 0 | 350,000 | 0 |
1.180 | 78 | 2,495,000 | 887,000 | 0 | 1,608,000 |
1.190 | 41 | 2,014,000 | 1,031,000 | 0 | 983,000 |
1.200 | 72 | 2,275,000 | 721,000 | 0 | 1,554,000 |
1.210 | 20 | 2,546,000 | 835,000 | 0 | 1,711,000 |
1.220 | 2 | 3,000 | 0 | 0 | 3,000 |
TOTAL | 263 | 11,356,000 | 4,690,000 | 350,000 | 6,316,000 |
congrulation who buy up,,,,,,,,im cut lost sell at 1.17cts,,,,,,,,,,,,,,,,,bb
cut lost to buyer,,,,,,,,,,,,cut cut cut
Order by BBs to push up after hitting a low of $1.11ct. It closed at $1.19ct (2nd traded day).
ChinaMinzhg | CPF | 1.110 | 1.190 | +0.070ct | +6.3% | Vol:17,796,000 | 392,000 | 1.180 | 1.190 | 928,000 | 1.200 | 1.110 |
Errr.......alredi in progress leh......since morning......
francisd ( Date: 15-Apr-2010 15:32) Posted:
|
WHEN & WHERE is the stablization ACTION. Poor investors.
Now below water man!!!
teeth53 ( Date: 14-Apr-2010 23:58) Posted:
|
Is IPO in the secondary market going on?
More news on China Minzhong Food. Believe it will be off to a good start on it 1st trading day.
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_88B157C18AE8A329482577050050380E/$file/PressRelease.pdf?openelement
Balloting results.
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_81B99CA87D04A7574825770500500F07/$file/BallotingResults.pdf?openelement
The stablisation is to be taken care by JP Morgan.
Such share is well support by GIC. OCBC. Prudential Asset Managment & Fidelity and so on...almost 40 more like...for more info.
http://www.financeasia.com/News/171545,chinese-vegetable-grower-raises-170-million-in-singapore-ipo.aspx
http://masnet.mas.gov.sg/opera/sdrprosp.nsf/936bad13609791c948256b3e001ed49f/FB393AF2CEA41977482576FE00286EFB/
$File/2(a)%20-%20Prospectus%20dated%207%20April%202010.pdf
Offering (subject to the Over-allotment Option) in respect of 197,344,000 ordinary shares comprising 119,602,000 New Shares and 77,742,000
Vendor Shares as follows:
(i) 9,867,000 Public Offer Shares at S$1.20 for each Public Offer Share by way of a public offer in Singapore; and
(ii) 187,477,000 Placement Shares at S$1.20 for each Placement Share by way of placement.
Co-Lead Manager and Co-Placement Agent (OCBC Bank)
Joint Issue Managers, Joint Underwriters and Joint Lead Managers (J.P.Morgan. Kim Eng Finance and Macquarie)
Sole Global Coordinator and Sole Bookrunner (J.P.Morgan)
Joint Financial Advisers (J.P.Morgan and Kim Eng Finance)
Since 1971
CHINA MINZHONG FOOD
CORPORATION LIMITED
(Incorporated in Singapore on 9 March 2004,
Company Registration No: 200402715N)