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mr hulumas, where are you? we need your astrological powers again!!!
China Infra consolidating???
From Hulumas,
Sgd.0.15 in near term and reaching Sgd. 0.38 in the long run. (CAVEAT EMPTOR)
still holding?
Funds blocking at 12.5 cents. Buying at 12 cents today.
For the past few days, the volume traded indicate that Funds are accumulating the stock. Price should move up very soon! Be on the Look-Out!
Nice percentage move today, high 0.12, now at 0.115.
I'm vested in this as well @ 0.105. Pinning on a good run next week if possible. :)
Ya bro I can see that China Infra is going to run soon, so I'm accumulating it at $0.105 hope it can close @ $0.12 inorder to move it up to $0.15 by next week.
Ahh, China Infra looking good today. Ready to break anytime.
KelvinT - Good to know you have a similar rumour. It helps.
ultrameg - Source says short term, no days mentioned. However using his previous BJ info a couple of months ago, to buy at 0.12 cents with a target of 0.15 cents in 3 days, he was dead accurate. I made serious money with that ride, in exactly 3 days, selling it at 0.155 cents. Next with a buy at 0.16 cents and riding it to 0.19 cents to sell. BJ has not seen any light since then. And then there was the NOL rumour 3 days before the Lunar New Year this year with similar reliability.
Back to this counter, it has been very quiet floating at 0.07 cents, with a HUGE surge in volume on 10 April and then with substantial volume the last 2 days. Surely there must be some reason for this surge from its low to its current level. Probably a lot of buys from the same rumour I hear.
Good luck.
Dear Ultrameg,
Sgd.0.15 in near term and reaching Sgd. 0.38 in the long run. (CAVEAT EMPTOR)
Thought hulumas mentioned 0.36 by 2008.
0.15 by when?
I'm surprised you know about the target price too rayphua... I'm vested with high confidence in this counter.
I'm starting to suspect your source is the same very reliable gentleman I know.
However, the target is 15-16c.
Cheers and good luck!
Lots of accumulation at 0.1 and to 0.11.
Info - Target price of 0.15
Timeframe - Short
Already vested.
Good luck.
secret365, I was unsure. That's why there was a question mark. Maybe not.
zhuge_liang,Is China Infrastructure Machinery Holdings Ltd related to this company?
Lots of buy ups at the moment...
So how would you interpret this? At the current price of 12c...
Up on this news?
HONG KONG, April 10 (Reuters) - Shareholders of China Infrastructure Machinery Holdings Ltd. are selling up to US$206 million worth of shares at a discount of between 5 and 8.7% to its last closing price, a term sheet shows.
The shareholders are selling the shares at between HK$14.9 and HK$15.5 per share. The shares closed at HK$16.32 last Wednesday. The sale comprises 52 million primary shares and 52 million top up placing shares.
Morgan Stanley is bookrunner of the deal. Trading in the stock was suspended on Tuesday pending a statement on the share sale and issue of convertible bonds.
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