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" I post this earlier in another forum"
This morning when i read the headlines.. RTO at $774 million ... I was thinking ho say liao (since the initial 5 Land parcel was vauled at more than RM3 billions, now become 7 land parcel and anothr 2 under discussion.) Then I saw the number of shares to be issued...34.55 billion...wow.. think this is the biggest new shares issue i ever saw..... and the price of the new shares is $0.0224. Then I was like...hummmm......
Conclusion: There will be opportunities for future run up...
1) the 2 additional land parcels
2) development plans for the land parcels (are they exciting?)
So yes, this can be another Rowsley... after all the guy is a Dato. His connection should be good also like Mr Peter Lim.
Question is when all these will happened and from now till then... the price movement can be anything. But the thing with such huge shares floats are there tends to be a reverse split which generally is no good for price.
imho
" I post this earlier in another forum"
This morning when i read the headlines.. RTO at $774 million ... I was thinking ho say liao (since the initial 5 Land parcel was vauled at more than RM3 billions, now become 7 land parcel and anothr 2 under discussion.) Then I saw the number of shares to be issued...34.55 billion...wow.. think this is the biggest new shares issue i ever saw..... and the price of the new shares is $0.0224. Then I was like...hummmm......
Conclusion: There will be opportunities for future run up...
1) the 2 additional land parcels
2) development plans for the land parcels (are they exciting?)
So yes, this can be another Rowsley... after all the guy is a Dato. His connection should be good also like Mr Peter Lim.
Question is when all these will happened and from now till then... the price movement can be anything. But the thing with such huge shares floats are there tends to be a reverse split which generally is no good for price.
imho
newbieliu ( Date: 20-Sep-2013 12:27) Posted:
mmm... lot of info in the proposal and announcement... if they are issueing new shares at only 0.0234...that means the share price should drop from now so that it is more worth it to buy low for the holder who are likely to be entitled to buy it at this lower price?
Confused newbie..
Please help!! |
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Mr Wise guru ..... got a feeling that a gap covering towards 76/77 is on the way ..... thereafter, if crosses that, will be even faster moving ..... mrwise ( Date: 20-Sep-2013 08:07) Posted:
Big bonus to all!
Agreement signed!
Cheers! |
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Looks like its creeping back up slowly! Shall we see 0.075 again today?
Q building up rapidly ...can jeep?
Rally pull back by the consideration new shares...stay sideline for now for those have not vested for short term. Long term is definitely gd... dawx14 ( Date: 20-Sep-2013 11:24) Posted:
Mr wise, good deal big bonus. but its a little scary when the opening is far from the price yesterday. any comment? :)
mrwise ( Date: 20-Sep-2013 08:56) Posted:
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BB can lose money sometimes and when they do, retailers are worse off. mb7269 ( Date: 20-Sep-2013 12:32) Posted:
Up or down, BB is in control...
mrwise ( Date: 20-Sep-2013 08:56) Posted:
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RTO deal is a good news BUT the 95% issued shares at 0.0224 *shake head*
Up or down, BB is in control... mrwise ( Date: 20-Sep-2013 08:56) Posted:
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Do the maths, u will get the result. I expect more selling pressure in the days or weeks ahead. It's a no brainer to buy for me, i won't chase this boat.
mmm... lot of info in the proposal and announcement... if they are issueing new shares at only 0.0234...that means the share price should drop from now so that it is more worth it to buy low for the holder who are likely to be entitled to buy it at this lower price?
Confused newbie..
Please help!!
Based on gut feel or profound art of playing stks? Integrity ( Date: 20-Sep-2013 12:22) Posted:
I suspect CK will abandon this sampan soon. |
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I suspect CK will abandon this sampan soon.
wa bo chut..............
wendel ( Date: 20-Sep-2013 11:40) Posted:
if close @ 68...it's a doji...indecision...prior bar is a bull bar and is not in overbought territory. Probability of 60% up and 40% down wld be the ideal situation.
solidbuy ( Date: 20-Sep-2013 10:15) Posted:
| Just my thought....I suspect that it might have another wave down....Just be alert. Don't want anyone to get burnt heavily. I might be wrong. |
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if close @ 68...it's a doji...indecision...prior bar is a bull bar and is not in overbought territory. Probability of 60% up and 40% down wld be the ideal situation. solidbuy ( Date: 20-Sep-2013 10:15) Posted:
| Just my thought....I suspect that it might have another wave down....Just be alert. Don't want anyone to get burnt heavily. I might be wrong. |
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Very important information below!!!!
Proposed Share Consolidation
Under Rule 429 of the Catalist Rules, the issue price of each Share is required to be at least S$0.20 each. Accordingly, in conjunction with the Proposed Acquisition, the Company proposes to undertake a share consolidation exercise (the ?Proposed Share Consolidation?) prior to the Proposed Share Issue on the basis of consolidation of every seventeen (17) existing Shares into one (1) consolidated Share (the ?Consolidated Share?) (fractional entitlements to be disregarded) or such other basis as may be approved at the EGM.
I share similar view, as one can see the market cap has increase almost 7fold with the rto.with the positive outlook for the company there is good reason to stay vested. wendel ( Date: 20-Sep-2013 09:56) Posted:
If you're a businessman, would you buy over a company having very good business, good business or an average business? You wouldn't buy over a coy with good business. You'll either get a company w an average business on the cheap and turn it around or you would get a very good business to form a direct " partnership" with your range of products & services. All of us know Albedo isn't in the category of v good business and the issued px actually shouldn't be a too much of a surprise. Mr Tan can turn it around to make it profitable..and I mean constant profitability.
Integrity ( Date: 20-Sep-2013 09:29) Posted:
| IMO, take profit if u have, not a wise choice to hold when 95% issued at only 2.24cts.... |
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Mr wise, good deal big bonus. but its a little scary when the opening is far from the price yesterday. any comment? :) mrwise ( Date: 20-Sep-2013 08:56) Posted:
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