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this news might not be so pleasant but when he sold at 0.070, the price of the stock went down all the way to 0.063, creating panick. Lim Soon Fang was surely laughing all the way to the bank and that was really smart money for him.
But if you guys see how the price has been supported these few days, i think the value of the stock is much higher than 0.070.
Lim has done a throwdown in August from 13% to 10% and that too does drop in the shares.. but look at what happened? The shares are much higher (remember he throwed at 0.050 and he went in again at 0.047?) He could be buying back again.
Another thought to ponder would be when someone throws, who is buying it up? 75 million shares is huge and i believe there is some accumulation going on.
Hoping for a spike within these few days. HUAT AH!
ruready ( Date: 16-Sep-2013 18:53) Posted:
| Lim soon fang sold 75milliin at 0.0708cts,,,,,!!!!!! |
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Lim soon fang sold 75milliin at 0.0708cts,,,,,!!!!!!
anyone can explain the news abt Dato Dr Choo?
HAUT AHHH!
dawx14 ( Date: 16-Sep-2013 17:07) Posted:
at least it's at 66. patience guys. 1-2 more days. it can happen. huat ah!
seanpent ( Date: 16-Sep-2013 16:51) Posted:
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anyone has a crystal that reads Albedo will cross 10cts and towards 15cts whilst Rowsley make it's way to 70 cts ? |
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at least it's at 66. patience guys. 1-2 more days. it can happen. huat ah!
seanpent ( Date: 16-Sep-2013 16:51) Posted:
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anyone has a crystal that reads Albedo will cross 10cts and towards 15cts whilst Rowsley make it's way to 70 cts ? |
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anyone has a crystal that reads Albedo will cross 10cts and towards 15cts whilst Rowsley make it's way to 70 cts ?
too slow, can someone release 10000 lots for them to absorb so that the process can go faster? LOL
seanpent ( Date: 16-Sep-2013 16:30) Posted:
now absorbing of 65 & 66 in progress
solidbuy ( Date: 16-Sep-2013 15:48) Posted:
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now absorbing of 65 & 66 in progress
solidbuy ( Date: 16-Sep-2013 15:48) Posted:
still absorbing...
seanpent ( Date: 16-Sep-2013 15:41) Posted:
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guess next attempt will be to overcome 0.077 ..... think if cross 0.077, moving towards 0.10 is gonna fast & furious .... |
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gear engaged upwards from 63 to 65 liao
yup ..... seems to be some sort of strong attraction at 64 now .....
solidbuy ( Date: 16-Sep-2013 15:48) Posted:
still absorbing...
seanpent ( Date: 16-Sep-2013 15:41) Posted:
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guess next attempt will be to overcome 0.077 ..... think if cross 0.077, moving towards 0.10 is gonna fast & furious .... |
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still absorbing...
seanpent ( Date: 16-Sep-2013 15:41) Posted:
guess next attempt will be to overcome 0.077 ..... think if cross 0.077, moving towards 0.10 is gonna fast & furious .....
solidbuy ( Date: 16-Sep-2013 14:26) Posted:
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guess next attempt will be to overcome 0.077 ..... think if cross 0.077, moving towards 0.10 is gonna fast & furious .....
solidbuy ( Date: 16-Sep-2013 14:26) Posted:
Bbs is buying up?
seanpent ( Date: 16-Sep-2013 13:43) Posted:
seems that Iskandar theme still very much in place .....
the 77 on 12 Sep 2013 displayed Albedo's strength ..... and the 10 cts is probably just round the corner .....
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maybe. but based on last fri. shorting lessen by a lot. today probably have lesser i hope? i think people are buying in slowly for long then to short.
my 2 cents worth
wendel ( Date: 16-Sep-2013 15:21) Posted:
U mean shortist covering after 4pm?
dawx14 ( Date: 16-Sep-2013 14:58) Posted:
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crucial from 4pm onwards. |
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U mean shortist covering after 4pm?
dawx14 ( Date: 16-Sep-2013 14:58) Posted:
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crucial from 4pm onwards. |
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crucial from 4pm onwards.
Bbs is buying up?
seanpent ( Date: 16-Sep-2013 13:43) Posted:
seems that Iskandar theme still very much in place .....
the 77 on 12 Sep 2013 displayed Albedo's strength ..... and the 10 cts is probably just round the corner .....
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seems that Iskandar theme still very much in place .....
the 77 on 12 Sep 2013 displayed Albedo's strength ..... and the 10 cts is probably just round the corner .....
Rowley vs Albedo ? any idea any big global investment company has share in it since such a good deal?
guys, it's quite an old piece of news. we are anticipating the success of this.. hope news come soon huat ah!
probably another longer white candle in the making ?
seanpent ( Date: 16-Sep-2013 11:47) Posted:
Do you think 10 cts is probably not too far fetch ?
ariesa_ohm ( Date: 13-Sep-2013 20:47) Posted:
MEDIA RELEASE: ALBEDO & TEMASYA EXTEND DEADLINE FOR SIGNING RTO DEAL, ADD TWO MORE LAND PARCELS TO DEAL
- Deadline to reach S& P is now 30 September 2013
- Additional land parcels under negotiation total 157 acres
Singapore, 30 August 2013 ? Albedo Limited, a steel trading company listed
on the Catalist of the Singapore Exchange, announced that the deadline for
agreeing to a reverse takeover deal with Temasya Cergas Sdn Bhd has been
extended from today to 30 September 2013.
Albedo and Temasya said they have today signed a supplemental
agreement to a Memorandum of Understanding (MOU) announced on 16
August 2013. Both parties have agreed to extend the deadline as well as to
include two more land parcels in the MOU for negotiation.
The additional land parcels, also located in Gelang Patah in the
Iskandar region, cover a total area of 157 acres, comprising a 53-acre parcel
and another of 104 acres. The land will be used for industrial, commercial,
and residential mixed property development. It is accessible from Johor Bahru
City via multiple access roads and also via the Tuas Second Link Expressway.
The latest land parcels will increase the total under the MOU to about
919 acres, including the 762 acres announced in the MOU last week. Under
the proposed terms of the MOU, Albedo will pay for the land by allotting and
issuing new ordinary shares to Temasya. This may result in a potential
reverse takeover pursuant to Rule 1015 of Listing Manual (Section B: Rules of
Catalist) of the Singapore Exchange Securities Trading Limited.
Albedo Limited was founded by CEO Tai Kok Chuan in 1988. It is
engaged in general wholesale trade, manufacturing and processing, and
supply and distribution of industrial and engineering raw materials,
instruments, semi-finished and finished products to the iron and steel industry
in the Asia Pacific region. Albedo was listed on the then SGX-SESDAQ in
2006.
- End -
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