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941-960 of 1306
having so much cash now after selling stake to Connect.
Will they give special dividend to the loyal shareholder?
MediaRing is the dot-com's baby... but I think its yesterday's story liao.
Lee Pineapple.... help and support needed.
Ya, chart looks like crap unless BBs intervene...chart pattern and indicators all very bearish looking..
http://i188.photobucket.com/albums/z262/harryp_02/2007Jun-MediaRing-640x682.png
My chart tells me its going south for now...
Sell on news even when it is positive???????
BB in play... accumulating phase....
if hp will to get the 1.5 b soe deal (60k computers), it will be a great boost to mr price.
VOIP,teleconferencing, data transfer, directing calls to a dedicated call centre is the next big thing, the world is getting all connected up. Who needs a fix line anymore. The amount of savings in tele-conferencing, voip is huge. The pie is very big enough to go around, the problem now is how to ensure good quality, cheap and good voip, teleconference. I have put my money with KBH.
normally institution buy once they have discussion with coy management abt their strategy moving forward,so i believe pineapple knows what is the future plan and how they are using the huge cash, maybe another big acq...
http://www.gohdirect.com/NASApp/spaf/econtent/sg/Daybreak-080607.pdf
Good move by MR, selling its 29% stake in PI reaps it a nice profit with fund of US44m. Strategically sound:-
1. Cash rich now awaiting other opportunities.
2. Being the minority holder vs Connect does not give it the freehand and seek the synergy for both Organisations.
3. Connect raising its offer to US11 from US10 is an increase of 10%, improving its return by holding PI for only a few months.
Now I see why Lee Pineapple is accumulating.
MR is up to somethings as they are cash rich now....
| 09:04 | Singapore's MediaRing to sell Pacific Internet stake to Connect Holdings |
a lot of cash for mr
11 willnot be successful; fair value by advisor is 13-14. if mr seriouly wants pi, shld offer 14 to end the game.
Singapore Hot Stocks-UOL, MediaRing, Sin Ghee Huat in focus
Any news ?
so connect raise offer to USD 11 and merdiarign accepted the offer. after that media ring will have additonal 40m+ cash.
is it good or bad?
Lee Pineapple is in for the long term, probably knows something that we don't.
very strong upside resistance!
dun think it will break anytime... tonight DOW not doing well also..
Lee pineapple has been in the stock for a long time.... Increase in volume does not explain much... I guess a big push is needed... Good time to placed your bets...
anytime actions coming....