FirstLink^   

Firstlink - Turning Salt into Gold

on 21 june I share with fellow readers here about occulus...can take some profit is now 43.5cts..concentrate on Jade and fungChoi..

 

I stand corrected, F&N has 29.48% interest in this vegetable.

Since the price rise on 20M volume done yesterday, the highest seen since Nov 06, there has been no declaration of an SSH change in interest.

Does anyone know how much time a SSH is given to report a change in interest to the exchange 'Pursuant to Rule 704(15)(d) of the Listing Manual'?

If I am not wrong, they are not required to report until they have stopped all their buying and selling, whether it takes days or months. Is this correct?







Increase in Shareholding in Fung Choi Media Group Limited



Pursuant to Rule 704(15)(d) of the Listing Manual, Fraser and Neave, Limited (the " Company ") announces that its wholly-owned subsidiary, F&N Investments Pte Ltd (" F&NI ") has today entered into an agreement with White House Industrial Limited for the purchase of 14,502,800 ordinary shares of HK$0.25 each in the capital of Fung Choi Media Group Limited (" Fung Choi ") representing 2% of its issued share capital (the " Acquisition "). The shares of Fung Choi are listed and traded on the Singapore Exchange Securities Trading Limited.

When the Acquisition is completed, currently expected to be on 30 November 2006, F&NI?s interest in Fung Choi will increase from 27.48% to 29.48%.

The consideration for the Acquisition is S$9,354,306 payable in cash and arrived at on a willing buyer and willing seller basis.

The Acquisition is not expected to have any material effect on the net tangible assets per share or earnings per share of the Company for the current financial year.

Except for Dr Han Cheng Fong who is a director of Fung Choi and Mr Patrick Goh, who holds 50,000 ordinary shares in the capital of Fung Choi, none of the other directors or substantial shareholders of the Company has any interest, directly or indirectly in the Acquisition.



F&N paid 64.5cts for Fung Choi...may buy > ..worth accumulating

 

still holding.. didnt sell. as happyday said. there is a strong support at 14c- 15c region.. the previous resistance. see how it bounce off 0.155 will hold a while more to see better when the dust settle..

 

Happyday: Thanks! You made my day happy ... AGAIN .. :) keke

 

Will hold la ... no problem ...

 

Tks Happyday for your input,like centillion i am waiting to sell bougtht a few months ago.

 

Reply to aloysius79 & hohokit..don't worry if U are not playing contra..will not drop <14cts....matter of time share move up as co has another new biz...got to issue new shares to finance its investment...my assurance is that it will not drop below 14cts...this few daysisi for weak or forced selling for those unable to pickup shares to clear..temporary weakness in Firstlink shares only

 

I can hold ... not much of a problem .. but will go up ? Anyway, I got Jade liao :)

 

Still waiting to sell @0.20cts bought @0.14 too.

 

I havent let this go .. I got it at 0.14 ... should hold or release ? Anyone got any opinion? Advise leh ... Thanks ah

 

I agree with Cashiertan. Its your money and you should be responsible for your own buy or sell call. After reading forumers posts, one should do your own homework and decide whether to buy/sell. One way is to observe first to see whether this particular foruner's "tips" is "chun" or not.  Another suggestion is invest a small part of  your funds. Just my opinion :)

 

I appreciate those who share their precious info.

Thanks !

 

 

Mr Associate:

I'm a "small-time" invester & only here fore few months... BUT I have already benefited from postings by fellow members.  :-)

Of course we must prepare to take risks and I make my own researches and sometimes just don't act for very "uncertain" rumours.

Very Important: Don;t be greedy! some 2cents gain should make me a happier man liao... Cheers!

Another important thing is "TIMING" I guess --every news & event if you don't act within the "right timing", you're already a loser!

I believed the call for Firstlink was on 8 June... at $0.14. I went in & bought some, let og at $0.16.... I still made some kopi $$$.

Right?

 

 

Thanks for all your understanding..we are all friends here...including Associate hoping to make $ especially if the mkt continues to be good and flush with liquidity....and don't suddenly turns for the worse....Hold on to your Jade shares if U have any....co may push up shares for financing purpose...will be another Oculus...so many new biz and new directors(maybe) coming on board...

Jade had just entered into term sheet with Innovative Polymers Pte Ltd.



http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_2A4E9FDA552E2C5A482573020039134C/$file/InnovativePolymersPteLtd.pdf?openelement

May everyone here continue to make >$..my sincerest wish..esp if Mon 25 mkt corrects...buy on fear....esp those stocks I recommend..<$1 should be safe...Fung Choi,Oculus,Jade and Japan land

 

well it is the own responsiblilty to decide if u want to buy his call.. if u decide liao, better bear the risk. we are mature ppl so i think if we buy his call aand it flops.. we can blame happyday but also most of the blame is on oneself for taking that call.. whatever reason it is, i dun think he put a gun to force us to buy or induce us with fraud report. if he did, i wouldnt hesitate to call the police. 

 

Next week sh price will hit 29cts from its current 14cts as its warrants will be listed and the mother's share price will be pushed up with positive news of a major investment to be announced. :PThis announcement is originally scheduled to be released but the directors  decide to postpone to this week instead .

Personally i am alright with forumers spreading rumours to makes a buy call but posting information to mislead is however otherwise. I am just trying to minimize the number of followers who blindly acts on this misleading information which can cause them to be on the wrong side of profitting. Happyday, i am sorry if i sounded offending. Apologies to you but hopefully my advise is appreciated by some.

 

Reply to Associate:

When a forummer makes a BUY call, sometimes it is based on TA, and sometimes on pending news which is not made public yet (let's refer to this news as, 'rumours'). Sometimes FA is given, sometimes not. But in due time, we will know if its true or not. And if a forummer's calls turns out consistently not true, we just filter him out, that's all. No point grinding an axe over nothing.

I hope you do not think that by antagonising Happyday, he'll reveal his source just to prove his sincerity in helping fellow forummers.

Associate, just like you, we are all here to profit from a stock market that has been battered for the last few years. The next few years will be our best ever years, with Brazil, Rusiia, China & Indian developing, a tremendous amount of wealth will be pouring in into the stock markets & economies.

C'mon, we are all in the same ship. Let's sail it forward together. Cheers!


 

 

I think at the end of the day, ppl can say wat they want. Follow or not to follow is up to individuals.

Thank you Happyday. I think your post helped. :)

 

To people still waiting for a reply from happyday. Forget about opinions from him. I seriously doubt he knows anything more than we do regarding firstlink.

1. Thread title started as turning salt into gold and but announcements had nothing to do with the salt business all in all.

2. He misleaded forumers with some information to be released two weeks ago which appeared to be a coax. End of the day, news were releeased much later and did not add any value to the last traded price before the trading was halted.

No doubt some players benefitted from his so call insider news but looking back, everything seems more like a bull imo. No offence to my two cents worth.

Repy to Associate

1.Yes Happyday started this thread"Turning salt into goldmine" if I reveal it is an investment into fertiliser...I may be investigated....for obvious reason..hence I sincerely want all pple here to benefit which quite a few have profited together with my call to buy Banjoo when it was trading at ab 14cts

2 I proclaim the "news" will be out in the week starting june 15...yes the news did came out but delayed by 1 week...Those following will recover I reply with report will be delayed to flush out weak holders.

3 Associate ,if U're the unlucky ones that did not profit...my apologies....everyone here is entitled to express his/her opinions....

4 Congratulations to those who have made $...another hot stock is Fung Choi I recommend strong buy at 69cts last thur as the news is that Credit Suisse is going for roadshow for FungChoi...I hope I am very very clear by disclosing this news but at times can't be so obvious,,......otherwise I"ll be in trouble....hope once again everyone here will make $..not forgetting Oculus,Jade and japanLand...buy on dip on mon 25June..Best of luck and God Bless

 

 

very firm support at 14, but buyers shld start coming in strongly at 15.


 

 

but next week i can see that will drop to 0.15 to 0.160

 

I still see this stock holding on well...Holding for more to come..