Mainboard-listed China Gaoxian, one of the leading suppliers of premium differentiated fine polyester yarn and warp knit fabric in China, says it has today received its listing eligibility for the listing of its Depository Receipts (KDRs) on the Korea Exchange.

i have a question on the transfer on krx. how do we transfer the shares? and is it always beneficial to transfer to overseas exchange? i know the shares will not be in one's names when the transfer is processed. and the fees need to be incurred?
If the big buyers are investors. Buy low at SGX and transfer to KRX to sell.
Then share price has more upside room. If BBs are punters then buy when rumors sell when sentimental fact.
Nevertheless, based on my view Gaoxian IPO price will be higher than PE 10 after new ordinary shares issue.
So the listing price could be more than 0.40. Gaoxian management has set the target listing date around early 2011 that's mean only 2 - 4 weeks to go. I do believe investors sure buy up the shares and transfer to KRX to sell at new listing price. Let's see,
Bon3260 ( Date: 11-Dec-2010 19:48) Posted:
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KRX stock can rally real fierce, get a taste of it soon.
the presumtion derived on the basis of buy on rumuors, sell on facts. but i think that will only apply when it started its trading on the krx. refer to all the dual listing stocks, i would say most of the stocks are trending upwards even after their approval has been done with. the peak of the px will most probably be a few days or few weeks after trading krx. thats what happended to stocks for hk and tdr, some of the stocks are trading at a huge discount compared to the oversea listing i.e. united environtech, some are almost similar i.e. midas, some are fading away on popularity like oceanus, sinotel.......china animal healthcare is doing very well in my opinion and this stock has huge huge potential. this is the only gem in sgx having 3 fund houses vested in it and the % is increasingly more.
i believe gaoxian is the first gem in sgx gotten the approval from krx so the anticipation and the fever for this gem to go higher will be much higher. even on monday, it opens lower, it will be fiercely accumulated in anticipation on the trading on the first day on krx. if not lower, it will go higher, pass 30 cents. whatever the case, do get vested in this gem. you will be surprised by the upside it will bring u.
load up before you are left out.
My view in ChinaGaoxian nxt Mon (13-Dec-2010)'s movemt;
50%
- Open 0.285
- High 0.285
- Low 0.270
- Close 0.275
49%
- Open 0.280
- High 0.290
- Low 0.280
- Close 0.285
1%
- Open 0.285
- High 0.300
- Low 0.285
- Close 0.295
('',)
Always rmbr, buy when bad rumours. & sell when gd news...
Quoting on my post few weeks back...about 30c and higher
And those wishing they had bought when it was 20c or even 23c, sorry to say this, the boat has left...
medivh ( Date: 02-Dec-2010 10:49) Posted:
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V. good. Now hopefully monday will open up ^.
With DJ overnight having trade deficit gap narrowing and index also up, the coming week is a good week.
Good thing I still holding on to the shares and didn't listen to those who say sell on Friday's trade. *remember trade at your own risk*
bsiong ( Date: 11-Dec-2010 13:29) Posted:
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biggest textile players on sgx and krx ! pe ratios is at least 3 times undervalued compared to korean listed players ! earnings more than local listed company hyflux ! expansion capacity is almost in completion stage and revenue shall be up for next quarter ! profit margin is kept at high of more than 30% ! roe is kept high @ more than 30% ! cagr @ more than 30% !
10X multi baggers ! put your end year bonus in this gem !
load up before you are left out !
load up before you are left out !
biggest textile players on sgx and krx ! pe ratios is at least 3 times undervalued compared to korean listed players ! earnings more than local listed company hyflux ! expansion capacity is almost in completion stage and revenue shall be up for next quarter ! profit margin is kept at high of more than 30% ! roe is kept high @ more than 30% ! cagr @ more than 30% !
10X multi baggers !
load up before you are left out !
China Gaoxian gets nod to list depository receipts on KRX |
WRITTEN BY THE EDGE | ||
FRIDAY, 10 DECEMBER 2010 21:30 | ||
Mainboard-listed China Gaoxian, one of the leading suppliers of premium differentiated fine polyester yarn and warp knit fabric in China, says it has today received its listing eligibility for the listing of its Depository Receipts (KDRs) on the Korea Exchange. |
monday we shall see this gem up to more than 30 cents !
load up before you are left out !
How many make their millions from punting or gambling? Maybe you lor haha you can enjoy punting all you want iPunter. =) its a new day ever day .
At least people can wait 3 years even if still paper lost. However for punters, if unlucky, few days or few mths of punting also cannot tahan de. haha
iPunter ( Date: 10-Dec-2010 23:30) Posted:
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How to explain those who have waited 3 years, since 2007
till today...and yet are still not able to even break-even?...
I am not talking about profits, but just break even...
So smell flowers for 3 years or more?...
medivh ( Date: 10-Dec-2010 23:20) Posted:
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V. true , words of wisdom from some1 v. experience indeed. And also very humourous * I like the one which you comment about some1 here having his own show, director, actor and producer :)
Also v. sound advice which you gave.
Buying into stocks not only need sound information, but your own guts and patience. I have learnt the hard way as well with past shorting and warrants. Its not the way to go.. Investing long term into good coys is the way. Take it slowly, breathe the fresh aroma of flowers and know what you are doing.
PowerReloaded ( Date: 10-Dec-2010 20:25) Posted:
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YES YES
china-gaoxian-gets-nod-to-list-depository-receipts-
Bon3260 ( Date: 10-Dec-2010 21:04) Posted:
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愿来你是个高人!
PowerReloaded ( Date: 10-Dec-2010 20:59) Posted:
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