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problem is that leaders got no strenght liao.
maybe queue low low. 1.99?
massive move by this counter on fri..
property laggard?
the highest volume for this counter is at most few thousand lots. just a little more unbelievable than usual...
woooo..... ????? wat is tis ...less than 1 thousand lots can push up 20cents for tis counter. unbelieveable...
GUOCOLAND LIMITED (REG. NO. 197600660W)
DISSOLUTION OF SUBSIDIARY
GuocoLand Limited (“GLL”) wishes to announce that First Cavendish Development Pte Ltd, a wholly-owned subisidary of GLL, had been dissolved under members’ voluntary liquidation today.
Dated this 21st day of July 2008
By Order of the Board
Dawn Pamela Lum
Group Company Secretary
Submitted by Dawn Pamela Lum, Group Company Secretary on 21/07/2008 to the SGX-ST.
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_80167159D4D668DA4825748D002FD370/$file/080721-Ann-Dissolution-FCD.pdf?openelement
Again, this can be rewarded later on during bull when everyone is 'siow" about bull. I'll get ready to buy later when TA shows a clearer sign and hold for that day. It is like WingTai.... not wanted during bear but cheong on last phase of bulls. I've seen this many times.
Among the property stocks, this counter has dropped the most, from its high of $5.95 and closing price at $2.18 on Friday. Any bad news going on?
jackjames ( Date: 19-Jun-2008 12:34) Posted:
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2.43....... it seems like following wingtai footsteps... alamak... all these are big players in singapore...
better find a position to enter and sit and watch.
GLL IHT PTE. LTD.
S$800,000,000 MEDIUM TERM NOTE PROGRAMME
http://info.sgx.com/webcorannc.nsf/ef3ba6cb188613ea482571b2003641d3/3f5d0bbf4a6f5ac848257435000eb384?OpenDocument
Is this some kind of rights issue?
Hey Thanks Alligator.
May take some time for the issue to clear before buying in.
But if drop too much will consider buy some for long term
thanks Alligator... oh dear, legal issues again... haiih... not a good sign.
read DBSV report, especially on the legal issues.
http://www.remisiers.org/research//guol210408%20downgrade%20dbs.pdf
I don't like the fact that it rocket high from 2.8 to 4.8 easily last year... it creates a big holes in between 2.8-3.4...
as you read the announcement, they expect the full year end result (end June 08) will be lower than end June 07, I think that is why people are selling.. knowing that 3 months down the road, the result will not be better... but again, if their 3 new condos sales are good and any good project launced in the "months to come", any rebound is expected too.. so, make your own judgement ba.. I think for medium - long term, still worth to bet.
probably coz profits for 3rd qtr dived.
Is this stock seriously undervalued?
Now it even drop on a rally day