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Rotational Play on the way

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rickyw
    19-Aug-2010 18:57  
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Actually is funny, when you see the Q, seems like no one jaga the share...if one BB short them like hell then will die one lha..

strange...i will see whether in 2-3 days it will back to at least 0.2 or not, if not then sell lar... 



hpong5      ( Date: 19-Aug-2010 18:52) Posted:

They are using their shares to pay for the acquisition of Sunmax Global. They valued their own shares at 20.5 cents. If their shares never hit this price level eventually, it is as good as acquiring Sunmax Global at a lesser value.

The thing to do now is to accumulate while they are keeping the price at current level and kiao kah.



rickyw      ( Date: 19-Aug-2010 18:45) Posted:

But why price really damn low?? When they acquire is around 0.205 right?? Why drop? 


 
 
hpong5
    19-Aug-2010 18:52  
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They are using their shares to pay for the acquisition of Sunmax Global. They valued their own shares at 20.5 cents. If their shares never hit this price level eventually, it is as good as acquiring Sunmax Global at a lesser value.

The thing to do now is to accumulate while they are keeping the price at current level and kiao kah.



rickyw      ( Date: 19-Aug-2010 18:45) Posted:

But why price really damn low?? When they acquire is around 0.205 right?? Why drop? 

hpong5      ( Date: 19-Aug-2010 18:43) Posted:

That was the announcement lor


 
 
rickyw
    19-Aug-2010 18:45  
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But why price really damn low?? When they acquire is around 0.205 right?? Why drop? 

hpong5      ( Date: 19-Aug-2010 18:43) Posted:

That was the announcement lor.

rickyw      ( Date: 19-Aug-2010 18:38) Posted:



Has it announce yet? 

"Consequently, the Board wishes to announce that the listing and quotation of the Shares of the Company will be transferred from Catalist to the SGX Mainboard with effect from 9.00 a.m. Wednesday, 18 August 2010."


 

 
hpong5
    19-Aug-2010 18:43  
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That was the announcement lor.

rickyw      ( Date: 19-Aug-2010 18:38) Posted:



Has it announce yet? 

"Consequently, the Board wishes to announce that the listing and quotation of the Shares of the Company will be transferred from Catalist to the SGX Mainboard with effect from 9.00 a.m. Wednesday, 18 August 2010."

 
 
rickyw
    19-Aug-2010 18:38  
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Has it announce yet? 

"Consequently, the Board wishes to announce that the listing and quotation of the Shares of the Company will be transferred from Catalist to the SGX Mainboard with effect from 9.00 a.m. Wednesday, 18 August 2010."
 
 
wishbone
    19-Aug-2010 16:59  
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This counter is Akan Datang.Once the dust is settle it will behave and move accordingly.

Good Luck


Smiley 
 

 
rickyw
    19-Aug-2010 16:44  
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I'm in to support all of you. After I notice, they haven't propose new price after acquire done. Should be soon...at least $0.200
 
 
hpong5
    19-Aug-2010 14:31  
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Think queue at 18 cents should be able to get.
 
 
hpong5
    19-Aug-2010 14:29  
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Company A buys Company B. Company B's shares most likely will go up and Company A's shares most likely will go down.

rickyw      ( Date: 19-Aug-2010 14:13) Posted:

sorry, little lost..if share after acquire merge, does it make share up or down?

 
 
rickyw
    19-Aug-2010 14:13  
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sorry, little lost..if share after acquire merge, does it make share up or down?
 

 
hpong5
    19-Aug-2010 12:20  
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Think queue at 17.5 cents should be able to get.
 
 
hpong5
    19-Aug-2010 11:55  
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Avg out about 18.5 cents

rickyw      ( Date: 19-Aug-2010 11:49) Posted:

you bought at what price?

hpong5      ( Date: 19-Aug-2010 11:42) Posted:

At current price level, is a strong buy for me. Too bad I ran out of ammo...


 
 
rickyw
    19-Aug-2010 11:49  
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you bought at what price?

hpong5      ( Date: 19-Aug-2010 11:42) Posted:

At current price level, is a strong buy for me. Too bad I ran out of ammo...

 
 
hpong5
    19-Aug-2010 11:42  
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At current price level, is a strong buy for me. Too bad I ran out of ammo...
 
 
hpong5
    19-Aug-2010 11:23  
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Calling victorf....let us have ur views on this one. Thks.
 

 
hpong5
    19-Aug-2010 00:19  
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Ok. But the BB is opening up if you have noticed.

susan66      ( Date: 19-Aug-2010 00:07) Posted:

Ya I keep my promise, you don't move, I run. No movement today so run first and change counter earn back faster. If really action start then get in again.  I find bollinger band tilting down seems starting to look bearish. Hope I'm wrong, for those still in, good luck! Smiley 4

hpong5      ( Date: 18-Aug-2010 21:05) Posted:

So you ran already???  Smiley


 
 
susan66
    19-Aug-2010 00:07  
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Ya I keep my promise, you don't move, I run. No movement today so run first and change counter earn back faster. If really action start then get in again.  I find bollinger band tilting down seems starting to look bearish. Hope I'm wrong, for those still in, good luck! Smiley 4

hpong5      ( Date: 18-Aug-2010 21:05) Posted:

So you ran already???  Smiley

susan66      ( Date: 17-Aug-2010 21:47) Posted:

You still bullish on this counter? Hope so as I still in, these 2 days pull back with no volume, guess still healthy. Actually no patience already if tomorrow still no movement I will run liao! Smiley 8


 
 
hpong5
    18-Aug-2010 23:58  
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This is a counter which not even a guru can comprehend...
 
 
rickyw
    18-Aug-2010 23:27  
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Anyone know why this counter not going up?? 18082010 is almost done... but price very lousy..
 
 
hpong5
    18-Aug-2010 22:28  
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The price to rise by the date of completion for the proposed acquisition.
 
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