Post Reply
381-400 of 428
For long term holders wishing to buy a stock to hold, now should be a good time to buy it before it moves higher.
Even if one 'market in' during th enext session, there shouldn't be much of a difference in price as this animal can be quite 'clumsy' in it's swings. But it is a swinger nevertheless. So buy and hold is the best strategy, provided you plan when to sell it by reference to the price graph. I mean what's the point of holding indefinitely, right?
No guarantees, just an opinion. :)
Even if one 'market in' during th enext session, there shouldn't be much of a difference in price as this animal can be quite 'clumsy' in it's swings. But it is a swinger nevertheless. So buy and hold is the best strategy, provided you plan when to sell it by reference to the price graph. I mean what's the point of holding indefinitely, right?
No guarantees, just an opinion. :)
It's 4.38 not 4.28.
It never touched 4.28 and that's why it's bullish today!
It never touched 4.28 and that's why it's bullish today!
Seems there's some caution after yesterdays shock pull-back. Price hovering around 4.28. Need a short period of days for people to recover from that mini-jolt. Then up up and away! :)
F&N
Wa, this is really a glamour stock, man!
It really jump down to kiss the support, then quickly fly away again!
... not like some stocks that don't give any respect at all to support levels.
Quite hard to catch, man, this one... :)
-------------------------------
Wa, this is really a glamour stock, man!
It really jump down to kiss the support, then quickly fly away again!
... not like some stocks that don't give any respect at all to support levels.
Quite hard to catch, man, this one... :)
-------------------------------
it climbing back to normal again soon.
because sellers desparate to sell low low to get out positions, so he jump queue after 5pm but before pre-close bell ring.
what you see on the end day bid and ask could be after the system matched the sellers and buyers after pre-close bell rang.
But at the closing bell yesterday, there were still few hundreds queuing to sell @4.30. and only few buyers@4.28.
market already taken that into account and it trying to move up until last minute yesterday.
Latest from SGX website
"Further to the Company's announcement on 28 November 2006, the Company wishes to announce that the summons filed by Heineken International B.V., Heineken Nederlands Beheer B.V. and Heineken Brouwerijen B.V. (collectively, "Heineken"), in which the Company and its subsidiary, Asia Pacific Breweries Limited were involved, has been dismissed with costs."
Hmm...dismissed with costs ?
How much is the cost ? enough for someone to dump at 4.30 ? Personally, I don't think so...
If it drops again tommorow and cuts the lower bollinger band, it could signal the start of a downtrend
Can it be fund managers achieved their targets ,so can dump the rest away at any price?
in fact it was steady at 4.48 the whole day. a very good support.
Is last day of the month, something got to do with fund manager position.
Tomorrow 1st day of the month, new opening. Will see it go back to where it was before force down.
Today's closing (4.30) is exactly resting resting on the support line...
got no chance to bounce up as it's already closing time.
Hope it doesn't penetrate down tomorrow, then things will be fine.
If 4.26 hit, dump it!
Can someone please enlighten us why on 30 Nov 06 at about 17:11hr, F&N suddenly plunge 14 cts to $4.30 for about 416,000 shares (matching trade - business times.), It was trading between 4.44 to 4.48 all day long.????? What lessons can we learn from this??? Just wondering????
Ya, I don't know why.. I clicked only once but sometimes the same message repeats 4 times! hope the webmaster will be kind enough to delete the duplicates... very annoying
HI iPunter, on 28 Nov 2006, around 18: 22 to 18:27, you send in the same replies FOUR times, looks like you did not refresh your screen, to see your replies. Just joking!!!! ha. ha. No ill intentions, happy trading,!!!!!!!!!!!
moving up......
up trend confirm once it breaks 4.48
Another update
Extract from SGX website:
Increase in Shareholding in Fung Choi Media Group Limited
| Pursuant to Rule 704(15)(d) of the Listing Manual, Fraser and Neave, Limited (the "Company") announces that its wholly-owned subsidiary, F&N Investments Pte Ltd ("F&NI") has today entered into an agreement with White House Industrial Limited for the purchase of 14,502,800 ordinary shares of HK$0.25 each in the capital of Fung Choi Media Group Limited ("Fung Choi") representing 2% of its issued share capital (the "Acquisition"). The shares of Fung Choi are listed and traded on the Singapore Exchange Securities Trading Limited. When the Acquisition is completed, currently expected to be on 30 November 2006, F&NI's interest in Fung Choi will increase from 27.48% to 29.48%. The consideration for the Acquisition is S$9,354,306 payable in cash and arrived at on a willing buyer and willing seller basis. The Acquisition is not expected to have any material effect on the net tangible assets per share or earnings per share of the Company for the current financial year. Except for Dr Han Cheng Fong who is a director of Fung Choi and Mr Patrick Goh, who holds 50,000 ordinary shares in the capital of Fung Choi, none of the other directors or substantial shareholders of the Company has any interest, directly or indirectly in the Acquisition. |
Construction Summons
extract from SGX website
I enclose, for information, a copy of an announcement released by Asia Pacific Breweries Limited which provides clarification on today's Straits Times report on the matter.
Attention is drawn to the final paragraph which is also applicable to Fraser and Neave, Limited.
Quote
Following the report in today's The Straits Times regarding legal proceedings in which the Company is involved, the Company makes this announcement in the interests of providing clarification.
The Company and its holding company, Fraser and Neave, Limited are parties to legal proceedings commenced by Heineken International B.V., Heineken Nederlands Beheer B.V. and Heineken Brouwerijen B.V. (collectively, "Heineken"). Heineken filed a summons in the High Court of Singapore to obtain a declaration as to the party entitled to appoint the Regional Director of China ("RD China") for the Company. The RD China manages the business interests of the Company in China. He reports to the CEO of the Company.
The High Court has been asked to rule on the interpretation of certain documents. The matter was part heard on 22 and 24 August 2006 and has been adjourned for further arguments to 29 and 30 November 2006.
The proceedings are not considered to be material litigation as the outcome would not have a material impact on the financial performance of the Company.
Unquote
No problem at all... no inconvenience... just a bit amused :)
By the way F&N is a highly volatile stock. I wonder what the stock would have done if it wasn't halted today. Probably another wild swing.
-----------------
By the way F&N is a highly volatile stock. I wonder what the stock would have done if it wasn't halted today. Probably another wild swing.
-----------------