
from the chart, it looks like turning around. Hopefully, the buying momentum substains. **vested.
looks like this baby is turning around...?
Hi LesBleus - (the Blues.. you love soccer & support France?) you are rite...! I just got vested man...
hi chinkiasu,
A value investor would know that this is definitely a good time to accumulate on Pac Andes, no need to think lah. haha..
Pacific Andes' fiscal FY07 net profit +50% on-year at HK$385.4 million (about SGD77.08m) on increased contributions from upstream fishing operations, sustained growth in frozen fish supply chain management business. P/E of 8x is cheap relative to other China consumer plays. And if you think about it, we need to eat fish everyday right? Even if not fish, but also fish-related products. Even if economy recession, we still eat fish. Fish keeps us smart or so my mum says.
The wise thing is to buy up when nobody wants them. For now, we are all eye-glued and hearts tempted by the oil and gas/marine plays. When the market corrects/tumbles, people would rush seek shelter in this counter.
I think this stock at 88.5cts (PE 8x) looks a good buy.....
hi, just wanna be sure i got it right, does it mean that when you subscribe for the rights shares on ATM, and sit on it till 11th july, the rights shares will rank pari passu with mother shares?
Eg: Original holdings = 5000
Buy 5000 rights shares thru ATM at 52 cents
11th july holdings = 10000
Buying rights shares thru ATM is as good as exercising rights?
Appreciate if someone can confirm the above..many thanks!
rights price is mother share price -0.52. now trading at -0.54, a 2c 'discount'....time to buy!!!! talk about cheap and cheaper...this is seller of rights giving buyer 2c 'free' at current mother share price :O ...truly irrational....
This fish isn't cheap, could be cheaper.
Most likely to drift lower. Think wait for more signal. may go down to 80c
I m not very good in charting but everyone pls correct if I m wrong so that I can improve on my chartings.
As per current chart, current price at $0.89. I will be in a downward trend till $0.86 before the trend start to reverse and rebound.
I think if you are in for the long haul, better hold on, you will be making $$$ more by the end of this year. The co. is buying over other co. and will be generating good profits and dividends and share appre. for shareholders. Happy investing.
Any idea why Pac Andes going down? What's the target price and when? I vested at 0.96.......think Aug they giving out dividends right? Correct me if I'm wrong....
Goodtime to catch this fish now !!!
queued for it at 0.915 but didn't manage to catch this fish... too slippery.
Hi, appreciate if anyone can advise how to exercise rights on ATM?
Go to which option?
Are we supposed to receive any circular or prospectus too?
I have shares of pac andes before and after x-date so by right should be entitled right?
really appreciate if anyone can advise how to do this over ATM?
Many thanks!
2day big correction for this counter, yesterday drop S$0.04, 2day drop another S$0.45, now is at S$0.91. I think is a good time to buy in ! Can anyone comment? Thks.
hi sir sohguanh, would like to check with you as to how to interpret RSI. thanks
Nothing is free lah, go atm also needs to pay posb or dbs S$2 fee !
Question: If I sell my shares today, will I still be entitled with the rights issue?
And what exactly is the Buy-In Last Cum Date ? Thanks if someone can cite an example on Buy-In Last Cum Date.
knightrider: but warrant need prepare a $5 bank cashier order leh. exercise rights go ATM so is free. $5 although small but can buy me 2 lunches so I take the $5 into consideration also :P