Post Reply
641-660 of 661
is there a surge in this counter?? how far can it go??
i havejust offload at 0.15 and though of buying at low again
care to share......
Hold and see lol.. watching also
Bought some yesterday, and buy some again today. How low can it go?
discrete0 ( Date: 21-Apr-2009 12:47) Posted:
| hongxing is following china s&h.. |
|
hongxing is following china s&h..
Good for u, i loaded some at $0.15, wahahahaha.
Hope tis one will rally to much much higher leverl.
Hee
weishen81 ( Date: 21-Apr-2009 11:15) Posted:
wow, seems like the news in this topic is positive! hmm.... i got some lots at 0.14. is that a gd pricing? i was hoping to dilute somemore at 0.12. anyone got clues when the so-called buyback will be executed? thanks guys!
|
|
wow, seems like the news in this topic is positive! hmm.... i got some lots at 0.14. is that a gd pricing? i was hoping to dilute somemore at 0.12. anyone got clues when the so-called buyback will be executed? thanks guys!
Hi,
Sorry dun really understand.Any anyone enlighten me what the news means? Why is it good news?
MAny Thanks!
This is EXCELLENT news !!! You made my day.... Thanks for sharing richtan !
richtan ( Date: 20-Apr-2009 23:46) Posted:
|
Ooopps!!! to excited!!!! forgot to paste the good news:
CHINA HONGXING SPORTS LIMITED pari passu in all respects with the existing issued
(Incorporated in Bermuda)
__________________________________________________________________________
CONVERSION OF 9,608,000 REDEEMABLE NON-CUMULATIVE CONVERTIBLE
PREFERENCE SHARES (‘RCPS’) AT A CONVERSION PRICE OF S$0.25 PER ORDINARY
SHARE
The Board of Directors of CHINA HONGXING SPORTS LIMITED (the ‘Company’) wishes to
announce on the mandatory conversion of an aggregate 9,608,000 RCPS of HK$0.01 each in the
capital of the Company to 48,040,000 ordinary shares of HK$0.02 each in the capital of the
Company at a conversion price of S$0.25 per share, held by the following RCPS holders:-
OCH-ZIFF Capital Management US Sports, Ltd. (‘OZ US’);
OCH-ZIFF Capital Management Asia Sports, Ltd. (‘OZ Asia’); and
OCH-ZIFF Capital Management Specials Sports, Ltd. (‘OZ Specials’).
Pursuant to the Subscription Agreement dated 13 April 2006 between the Company and (1) OZ
US; (2) OZ Asia; (3) OZ Specials; and (4) CIM VII Limited, the Company has allotted 48,040,000
new ordinary shares of HK$0.02 each in the capital of the Company (‘New Shares’) to the Central
Depository (Pte) Limited (for credit into the securities account of each of OZ US, OZ Asia and OZ
Specials) and such New Shares shall rank
ordinary shares of the Company.
The Company has applied to the Singapore Exchange Securities Trading Limited for listing and
quotation of the New Shares on 21 April 2009.
Following the issue of the New Shares, the number of issued and paid-up ordinary shares of the
Company has increased to 2,800,000,000 ordinary shares of HK$0.02 each.
Submitted by Denis Wu Rongzhao, Chief Executive Officer and Executive Director to the
SGX-ST on 20 April 2009.
richtan ( Date: 20-Apr-2009 23:44) Posted:
Good news for CHHX, going to shoot above 25 ct,
Sayonara to tat analist whom adjusting tgt price from one extreme of about 20+ to target price below 8 ct, she must be awe-strike & dumbfounded now.
I guess she will probably very soon revise upward her tgt price now to above 25 cts, very stunning roller-coaster moving live targets, hahaha!!!!.... |
|
|
|
Ooopps!!! to excited!!!! forgot to paste the good news:
CHINA HONGXING SPORTS LIMITED pari passu in all respects with the existing issued
(Incorporated in Bermuda)
__________________________________________________________________________
CONVERSION OF 9,608,000 REDEEMABLE NON-CUMULATIVE CONVERTIBLE
PREFERENCE SHARES (‘RCPS’) AT A CONVERSION PRICE OF S$0.25 PER ORDINARY
SHARE
The Board of Directors of CHINA HONGXING SPORTS LIMITED (the ‘Company’) wishes to
announce on the mandatory conversion of an aggregate 9,608,000 RCPS of HK$0.01 each in the
capital of the Company to 48,040,000 ordinary shares of HK$0.02 each in the capital of the
Company at a conversion price of S$0.25 per share, held by the following RCPS holders:-
OCH-ZIFF Capital Management US Sports, Ltd. (‘OZ US’);
OCH-ZIFF Capital Management Asia Sports, Ltd. (‘OZ Asia’); and
OCH-ZIFF Capital Management Specials Sports, Ltd. (‘OZ Specials’).
Pursuant to the Subscription Agreement dated 13 April 2006 between the Company and (1) OZ
US; (2) OZ Asia; (3) OZ Specials; and (4) CIM VII Limited, the Company has allotted 48,040,000
new ordinary shares of HK$0.02 each in the capital of the Company (‘New Shares’) to the Central
Depository (Pte) Limited (for credit into the securities account of each of OZ US, OZ Asia and OZ
Specials) and such New Shares shall rank
ordinary shares of the Company.
The Company has applied to the Singapore Exchange Securities Trading Limited for listing and
quotation of the New Shares on 21 April 2009.
Following the issue of the New Shares, the number of issued and paid-up ordinary shares of the
Company has increased to 2,800,000,000 ordinary shares of HK$0.02 each.
Submitted by Denis Wu Rongzhao, Chief Executive Officer and Executive Director to the
SGX-ST on 20 April 2009.
richtan ( Date: 20-Apr-2009 23:44) Posted:
Good news for CHHX, going to shoot above 25 ct,
Sayonara to tat analist whom adjusting tgt price from one extreme of about 20+ to target price below 8 ct, she must be awe-strike & dumbfounded now.
I guess she will probably very soon revise upward her tgt price now to above 25 cts, very stunning roller-coaster moving live targets, hahaha!!!!.... |
|
Good news for CHHX, going to shoot above 25 ct,
Sayonara to tat analist whom adjusting tgt price from one extreme of about 20+ to target price below 8 ct, she must be awe-strike & dumbfounded now.
I guess she will probably very soon revise upward her tgt price now to above 25 cts, very stunning roller-coaster moving live targets, hahaha!!!!....
From DBSV:
Any pullback from 1947 for STI towards the 15-day EMA
near 1830 represents another buying opportunity.
We maintain our view for STI 2140 and a buy-on-pullback
strategy. While the STI eased off 1947, which is near January’s
high of 1960, the rise that started from 1457 remains intact.
Any pullback towards the 15-day EMA near 1830 represents
another buying opportunity. Index laggards and small caps
should garner interest during the anticipated upswing to 2140.
We also expect index leaders that have consolidated well to
‘show the way’ towards 2140.
Good news for S-chips, particulary CHHX as stimulus will boost consumer spending:
China Economy to Rebound as Stimulus Spurs Investment
From Maekettalk: By Kevin Hamlin
April 17 (Bloomberg) -- China’s economy, the world’s third largest, may rebound this quarter as Premier
Wen Jiabao’s 4 trillion yuan ($585 billion) stimulus package cushions the effects of the global recession.
Urban fixed-asset investment surged by almost a third in March and industrial-output growth accelerated, reports accompanying China’s
gross domestic product figures showed yesterday. First-quarter GDP grew 6.1 percent, the slowest pace in almost a decade, as
exports slumped.
“The economy has gained significant momentum since February,” said
Sun Mingchun, an economist at Nomura Holdings Inc. in Hong Kong, who predicts the economy will expand 8 percent this year. “We still expect a V-shaped recovery.”
For more news, please see
http://markettalk.org/Promo/
Yippeeee!!!!!! CHHX now broke 12 ct. More to come, the party has just begin. Cheongggggggg Ahhhhhhh!!!!!.
Those who heed my call, start make $$$$$
richtan ( Date: 05-Apr-2009 23:24) Posted:
| CHHX is forming a very nice upward slope with most up days on high volume, I think should break 12 ct on Mon. Looks like forming a flag pole/pennant, which is a continuous up trend after consolidation |
|
Read this article "Stimulus works for Chinese, IMF to emulate for emerging economies" to see why this counter is a real laggard due for upward bull run soon:
http://blogs.moneyandmarkets.com/real-wealth/stimulus-works-for-chinese-imf-to-emulate-for-emerging-economies/
richtan ( Date: 16-Feb-2009 09:44) Posted:
| Watch for this counter, it has been a laggard for too long. read many reports that China SSE has been on a bull run for the last few weeks & China stimulas action is already working into their economy & consumer spending has been increasing. |
|
CHEAP CHEAP,,,,,,BUT CAN MORE CHEAP,,,,,,,,,,,,,,,FOR ME TIS BABY LOOK LIKE BACK TO history low again is q possible,,,,,,,,,,,,,ppl of here all waiting to go in 16.5cts,,,,,,,...........so where got buyer at tis price
Subject: China Hongxing coverage reinitiated with 'buy' - Merrill
18 Nov 08, 1733 BROKER CALL China Hongxing coverage reinitiated with 'buy' - Merrill
XFN-ASIA - Merrill Lynch has reinstated coverage on China Hongxing with a "buy" rating and target price of 0.40 sgd, citing the Singapore-listed sportswear maker's low valuation.
Merrill noted that the stock has fallen 76 pct in year-to-date as investors fled from S-chips due to "perceptions" of below par corporate governance. The stock is now trading at a 35 pct discount to its Hong Kong-listed peers' average, it pointed out.
The broker said that despite China's slowing economic growth, it remains positive on the outlook for sportswear demand and sees ample room for industry consolidation in the mass market as weaker brands die out.
It said its 2009-10 revenue growth forecasts of 12-16 pct and profit growth forecasts of 10-16 pct are driven by the company's sales network.
The company's market share gains via its strategy to focus on sales in second- and third-tier cities where competition is mild would also boost earnings growth, Merrill added.
China Hongxing shares today closed down 0.01 sgd or 4.8 pct at 0.20 in Singapore.
(1 usd = 1.52 sgd, 6.8 yuan)
100% cash is king,,,,,,,,,,,,,,,,,,,,xiam for me one more week,,,,,,,,,,
still waiting,,,,,,,,,,,,,,,,,,,,,,,,,,but look like day akan datang,,,,,,,,,,,,hope not too long liao
im waiting,,,,,,,,,,,,,,neck,,,,,,,,,,,lomg long,,,,,,,,,,,,,,,,,,,,
