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Time for collection....

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kelvinleow79
    31-Aug-2013 12:26  
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Don't really understand this(confuse). Can someone explain

" Mr Hano Maeloa is deemed interested in the shares of Albedo Limited held by his mother, Mdm Oei Siu Hoa @ Sukmawati Widjaja"

So... did Hano Maeloa took bought the shares from his mother?

or he sold the share through his mother at 0.051 ? 
 
 
Slayer168
    31-Aug-2013 09:21  
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There's been a panic sell down yesterday, what most have overlooked is at Danny tan portfolio. Capitaland is buying tropicana city mall and the 12 storey office. http://www.thestar.com.my/Business/Business-News/2013/08/24/Tropicana-City-opens-door-for-acquisition-talk-to-CMMT.aspx Danny tan is going in big time and with another 2 more land parcel in the pipeline. If this news is on Singapore papers....I will leave you to decide how much the share price will be. Directors selling their shares, and if the deal do not go through, we all know this is call insiders trading. (They will be rewarded with free vacation at our changi chalet with free meals.) In fact we should thank them for reducing their shares first, then announce extension that Danny wants to buy 2 more land. If they do it the other way round, I can't imagine how much the price will be.

freedom8      ( Date: 31-Aug-2013 00:15) Posted:



Another 2 parcels of land will roughly bring the total value to $3.8bil ringgit from est $3bil

Tropicana total assets $4.58bil

A JV between Albedo and Tropicana on the cards. Can it pull through by 30th Sept? Time to place your bets....Head or Tail

Goodluck it can only be head or tail....50-50.....

 

 
 
freedom8
    31-Aug-2013 08:42  
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Danny is from Malaysia

Naturally will use two banks Maybank or CIMB.

Most important is follow him to make money and not to lose money. What they do with the lands we will never know or participate.

JV between Albedo and Tropicana most likely. We will know by 30th September. By adding two more lands, it shows the progress of the negotiations...

Probably its about the price and number of shares to be issue and the board changes and who is steering the ship.

Goodluck if you are vested....

 
 

 
medivh
    31-Aug-2013 00:38  
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Director is non SSH.

    Usually 2 v. likely cases of why director wants to sell..

        1) resignation *cash out while share px is high 2) the coy is going to collapse

The thing is who has been picking up the shares sold in the past few days? Retailers? lol unlikely

So its someone else who likely to take over ..

All of the above are just my assumption. If the px today drops below 4c then you know this one has no more hope.

Likely something else is in the cards. As someone said, most impt is not lose money (" ,)

Huat ah~

 
 
 
freedom8
    31-Aug-2013 00:15  
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Another 2 parcels of land will roughly bring the total value to $3.8bil ringgit from est $3bil

Tropicana total assets $4.58bil

A JV between Albedo and Tropicana on the cards. Can it pull through by 30th Sept? Time to place your bets....Head or Tail

Goodluck it can only be head or tail....50-50.....

 
 
 
freedom8
    31-Aug-2013 00:06  
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Read this for your own pleasure whether to buy or stay clear or dump

Latest

http://www.theedgemalaysia.com/first/252636-highlight-danny-tans-singapore-foray-a-surprise.html

Why add another 2 pieces of land? Its inside the story.

Tropicana is asset rich but cash light. Danny Tan cannot take Albedo alone as conflict of interest with Tropicana

Only way is once RTO Albedo he will jv it with Tropicana and sell 2 more pieces land to Albedo to pass more assets to Albedo.

Albedo will complement Tropicana

As to why SSH sold to zero...good news... first he has nothing left to sell. Secondly, according to SGX rules, he cannot sell within a stipulated week of announcing bad news meaning insider trading. There is no bad news from the extension after all so he will not be question for selling by SGX. Sometimes I feel whenever there is an RTO coming, if it is so good why some SSH sell....but share price will go higher and higher. One recent history is YHM. Remember the SSH has plenty to sell until nothing yet YHM share price still goes up. What is going on behind the mind we do not know. Heck care...Most important is what you buy goes up.

For your reading pleasure...Monday up or down? Let the BBs decide

 

 

 
 

 
gohcl2000
    31-Aug-2013 00:04  
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Should I hold or cut loss?
 
 
jie1313
    30-Aug-2013 22:52  
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Hi, any experts here can shed some light? Doesnt seem so simple that they sold their shares. Could it be a somewhat masterplan that the richie riches are up to that we commoners wun understand?

Reported previously that Malaysian tycoon Danny Tan is poised to take control of albedo. Just pondering deeply what is going on. Hmm..
 
 
Integrity
    30-Aug-2013 22:01  
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Fishy... getting very fishy... let's see how many willing babysitters.
 
 
mcking
    30-Aug-2013 21:52  
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Isn't this insider trading???  Here talking about MOU and on the other hand, selling every single share.....what is this world coming to???
 

 
Integrity
    30-Aug-2013 21:43  
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The director sold all his shares to 0% haha... if so good why he so stupid to sell away (or is he not)?
 
 
hooh8787
    30-Aug-2013 21:13  
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another 30 day to play...

u think is going up or down...?

buying   small small lots .. then can sleep nice nice (" ,)    ('' ,) *by medivh*
Dun bot too big..(more then 1k,2k.or even more)

trade with care...

profit must take...

FATT..............
 
 
terencee
    30-Aug-2013 20:55  
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as expected.

Sharemythots      ( Date: 30-Aug-2013 20:15) Posted:

It's out the news, it is extended till end Sept and in the MOU, 2 new parcels included

 
 
gohcl2000
    30-Aug-2013 20:32  
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So, this stock still got hope?
 
 
hmphie
    30-Aug-2013 20:23  
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Oei Siu Hoa aka Sukmawati Widjaja, is Oei Hong Leong's sister.

Octavia      ( Date: 30-Aug-2013 10:28) Posted:

Perhaps the recent sell down by two substantial stakeholders, its CEO Hano Maeloa and Lim Soon Fang, spooked shareholders after the company made the disclosure last evening. CEO Hano Maeloa sold 41m shares @ $0.051 on 27 Aug, reducing his stake from 5.69% to 2.63%. The share were held through his mother Mdm Oei Sui Hua. In addition on 26 Aug, Lim Soon Fang reduced his stake by 20m shares @ $0.05255 per share, bringing down the stake from 13.38% to 11.87%. Lim Soon Fang further reduced his stake on 28 Aug by 12m shares @ $0.0495 per share. Timeline looks interesting on the recent events: 15 Aug: Lim Soon Fang acquired 8m shares @ $0.021, stake increased from 12.83% to 13.43%. 19 Aug: Counter halted 20 Aug: Company announced its MOU for a potential RTO with Temasya Cergas Sdn Bhd 26 Aug and 28 Aug: Lim Soon Fang sold an aggregate 32m shares @ between $0.0495 - $0.05255 per share, brining stake from 13.38% to 10.65%

 

 
Sharemythots
    30-Aug-2013 20:15  
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It's out the news, it is extended till end Sept and in the MOU, 2 new parcels included
 
 
Tipster789
    30-Aug-2013 18:09  
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correction : should be +/- $ 0.05 

mb7269.... u are still in ur dreamland ? do u know albedo major substantial shareholders offload their shares at +/- $ 0. 050.

no offence, but i am a harsh but honest critic .....u r either (a) a troll (b) an ignorant (c) a desperado 

u still think albedo will have iskandar land deal ? if so, (1) shares price will jump today (2) SSH wont offload their shares

it is definitely a privilege to be born rich and famous ...and rich and famous will mostly get richer and more famous : )

another fleet of 1 bentley +   2 lambo + 3 porsche , perhaps , to their collection of toys : ))

   
 
 
Tipster789
    30-Aug-2013 18:08  
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mb7269.... u are still in ur dreamland ? do u know albedo major substantial shareholders offload their shares at +/- $ 0. 50.

no offence, but i am a harsh but honest critic .....u r either (a) a troll (b) an ignorant (c) a desperado

u still think albedo will have iskandar land deal ? if so, (1) shares price will jump today (2) SSH wont offload their shares

it is definitely a privilege to be born rich and famous ...and rich and famous will mostly get richer and more famous : )

another fleet of 1 bentley +   2 lambo + 3 porsche , perhaps , to their collection of toys : ))

 

mb7269      ( Date: 30-Aug-2013 17:49) Posted:



anything about Iskandar sure got rebound... it is just a matter of time. wait after T+5.

very likely they will extend date of definitive agreement 

look at rowsley, informatic ... also in Iskandar. 

Integrity      ( Date: 30-Aug-2013 14:15) Posted:



Still no news of the RTO which suppose to be the last day today


 
 
mb7269
    30-Aug-2013 17:49  
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anything about Iskandar sure got rebound... it is just a matter of time. wait after T+5.

very likely they will extend date of definitive agreement 

look at rowsley, informatic ... also in Iskandar. 

Integrity      ( Date: 30-Aug-2013 14:15) Posted:



Still no news of the RTO which suppose to be the last day today

 
 
Integrity
    30-Aug-2013 16:27  
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Maybe more notice of change of interest haha...
 
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