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so do you think this bugger will rise above 30 or drop below 20?
smartrade ( Date: 24-Sep-2009 09:40) Posted:
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they got 68mil shares to use as stabiliser...
tchoonw ( Date: 24-Sep-2009 09:16) Posted:
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Look at the prospectus... it's major shareholder committed not to sell within 12 mths.
ozone2002 ( Date: 24-Sep-2009 08:51) Posted:
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what's the point of just stablising 1 million shares? bbs can dump many millions one shot...so u can consider shorting it now!
ROI25per ( Date: 24-Sep-2009 08:56) Posted:
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any idea who is the stabilising managers???
Pursuant to Regulation 3 of the Securities and Futures (Market Conduct) (Exemption)
Regulations 2006, we, as stabilising managers for the initial public offering of the shares in China
Gaoxian Fibre Fabric Holdings Ltd., wish to announce that we have purchased a total of
1,000,000 shares in China Gaoxian Fibre Fabric Holdings Ltd. at a purchase price of S$0.245 per
share on 23 September 2009.
Announced for and on behalf of
Collins Stewart Pte. Limited
UOB Kay Hian Private Limited
can i know where u got this information from? thanks!
christan ( Date: 18-Sep-2009 12:29) Posted:
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hmm...look at how this bugger being slaughtered now...hope to see below 20 soon!
it's going thru' a slow death now! for those who shorted, be patient as gaoxian's doomsday is approaching!
what so great abt 2g capital?
ozone2002 ( Date: 22-Sep-2009 10:35) Posted:
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i got 2 words for u
2G CAPITAL!
the chart of gaoxian looks weak...hence it's giving a short signal now.
shorted some at 25.5 today and let's see it'll be dead soon?
suddenly 27...obviously the queue is fake! looks like being cornered...
now cheaper than ipo
they paid only 1.54cents and 9.85cents
Substantial Shareholder
China Success(1) 932,500,000 (2) 14,344,000 1.54
Carry Luck(3) 150,000,000 14,776,505 9.85
Others
Gainstars(4) 37,500,000 3,694,126 9.85
Focus Ventures(5) 21,600,000 Not applicable Not applicable
New Investors 380,000,000 98,800,000 26.00
IPO price @ S$0.26 (3.7X FY08 P/E).
Supplier of fine polyester yarn, warp knit fabric offering 380 million new, vendor shares in Singapore's
biggest IPO so far this year.
Any comment for this new IPO? Target set more than 0.3??