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http://www.nextinsight.net/index.php/story-archive-mainmenu-60/903-2010-/3312-china-animal-healthcare-down-on-its-dual-listing-debut
“Investors should take some profit on the way up at S$0.40 and above,” said Kevin Scully 2 weeks ago.
watercrests ( Date: 21-Dec-2010 18:12) Posted:
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watercrests ( Date: 21-Dec-2010 17:33) Posted:
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Fidelity, Blackstone and Legg Mason cannot be wrong or unless they have downloaded and we are caught with out pants down.
Fundamentally, from all the write ups this is a counter worth investing in.
I guess we all lost out to the Big Boys. As usual they are the winners as they are able to influence the market. I do not see any reason why the drastic drop today.
As for Master Lim, I guess he is just as badly burnt as most of us. Ranting away about buying is just to pump up the prices. Anyone that is caught because of his ranting has only themselves to blame as there are a lot of Master Lims in the forums.
I would always look towards the forumers that provide technical analysis that supports the buy/sell.
Looks like I am locked in to this counter for quite a while more as the current prices to me offer cheap bargains for the mid to long term.
He will say buy on dip load up before you left out.
Then say this counter is good for long run and find 1000 excuses.
watercrests ( Date: 21-Dec-2010 16:10) Posted:
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kana outplayed by BB lo.. see the fake buy/sell q... thought recent low of 0.39 can hold..
so easy break... small buy on this.. cut loss liao.. waste time..
after recent high of 0.425.. then rangeboud 0.41-0.39
to make new low.. don tink its gd sign... move on...
masterlim... still buyin ar?
watercrests ( Date: 21-Dec-2010 15:52) Posted:
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I was told normally the share price will drop after actual listing date.
You can refer back to all the dual listing counter what happened after listing?
watercrests ( Date: 21-Dec-2010 15:52) Posted:
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Most of the counter will drop back after listing date.
See Midas, Sound Global , China XLX
masterlim ( Date: 21-Dec-2010 14:30) Posted:
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load up before you are left out !
tomorrow starts trading in hk!
pump it up ! pump it up !
load up before you are left out !
pump it up ! pump it up !
load up before you are left out !
China Animal goes to Hong Kong |
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Since our last note on China Animal last week, the stock has performed very well, rising on strong volume to a record high of S$0.43. |
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Following that note, we would like to remind investors of China Animal’s proposed dual listing on the Hong Kong Stock Exchange. For investors who wish to transfer their shares to the Hong Kong Stock Exchange, China Animal will bear the costs, fees and duties payable for the share transfers, less for the withdrawal fees payable to CDP. |
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This presents an opportunity for investors to transfer their shares to a stock exchange with better valuations as compared to the SGX, and shares appear cheaper in Singapore as compared to Hong Kong . Investors will be able to purchase China Animal shares in Singapore and sell their shares in Hong Kong , which could offer a better price. |
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Yesterday, we saw closure of the 2nd batch transfer, and the 3rd batch transfer will cease on 20 December 2010. There could be further interest in China Animal shares in the coming week. |
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We currently have a Buy recommendation with target price of S$0.52. | |||||
/cimb