
Will this be the next stx osv?
Any comments?
Transaction will show tomorrow. Shall be sold to Indofood. See what price to judge if want to stay. Indofood stake is increasing.
FearValueGreed ( Date: 12-Mar-2013 22:01) Posted:
|
I am newbie.
Based on my opinion, CMZ has good fundamentals with good business prospect of venturing into high end vegetable. It is also cheap with P/E ratio around 4-5.
Recent price drop is due to possibility of Indofood acquisition. If Indofood do not intend to acquire, then price will shoot up and continue uptrend. to 1.25 or higher?
Any one has opposing opinion? please share.
Anyway, why is GIC important at all? Indofood has much more synergy with CMZ than GIC. GIC is merely an investment that does not grow the business so GIC is much like you and I. Again, please share your thoughts.
I am vested. FYI.
 
CMIA has further divest its interest from 4.88 to 2.36 %
 
Reason : for distribution to its fund investors.
 
Cant kind of reason why the unit fund divesting out unless they think they already lost their GIC back mountain to support this share.
 
but it says 16,546,443  shares change hands, actually dun know how they calculate,
yesterday got so many lots traded??
anyway, looks fishy by the day, seems everyone wants to stay away from Indofood.
  Hi, saw this latest announcement from SGX but unable to open the PDF. Can someone share the news here? Thanks.
 
DISCLOSURE OF INTEREST/CHANGES IN INTEREST OF DIRECTOR/CHIEF EXECUTIVE OFFICER 
  http://www.sgx.com/wps/portal/sgxweb/home/company_disclosure/company_announcements
Indofood may be saying why need to borrow when I have lot of money for working capitAl.
.
.
Announment this morning that the issue of notes will be deferred. I smell that Indofood has rejected it and may have it own plan. Chances of Indofood to become controlling shareholder or privatation is higher now.
************
The Company refers to the announcement made on 8 March 2013 in relation to the proposed
issue of senior notes due 2018 by the Company (the “Proposed Notes Issue”) and the
commencement of investors’ meetings on 11 March 2013 in connection with the Proposed Notes
Issue (the “Announcement”). Unless otherwise defined, all terms used herein shall bear the
same meaning as in the Announcement.
Following the completion of the recent acquisition of approximately 14.38% of shareholding
interest by PT Indofood Sukses Makmur Tbk (“Indofood”) from Tetrad Ventures Pte
Ltd, Indofood now holds in aggregate approximately 29.33% of the total issued share capital of
the Company.
As such, the Company intends to defer the investor meetings in respect of the Proposed Notes
Issue to a later date so as to update the offering memorandum that will be issued in connection
with the Proposed Notes Issue and take on board Indofood’s inputs on the future plans and
business strategies of the Group.
Further announcements in respect of the Proposed Notes Issue and the new dates for the
investors' meetings will be made by the Company in due course.
you need to be patient and wait for the right price. when price dropped to 90c below, indofood will be the biggest winner if their intention is to buy more CMZ eventually. there's shorting activity going on with this counter currently.
FearValueGreed ( Date: 10-Mar-2013 19:48) Posted:
|
Will drop that much if their growth is curb. On the contrary it shd be growing with indofifood as a new customer.
Or DJ reach 13400
Not possible as they just support the purchase at 1.12
Think they Will mount a takeover at that price as they just need 4 years to recoup everthing.
Or DJ reach 13400
Not possible as they just support the purchase at 1.12
Think they Will mount a takeover at that price as they just need 4 years to recoup everthing.
有 搞 错 吗 ? 会 跌 这 么 多 ? 我 极 开 心 !
be patient and wait for it to dip below 90c
FearValueGreed ( Date: 08-Mar-2013 18:44) Posted:
|
TIMING IT RIGHT China Minzhong is said to have hired JPMorgan Chase and Deutsche Bank for fixed-income investor meetings from March 11
CHINA Minzhong Food Corp is planning a US dollar-denominated bond as Asia-Pacific note sales reach a five-week high. Debt risk in Australia and Japan declined to the lowest since 2011.The vegetable processor based in the south-eastern province of Fujian hired JPMorgan Chase & Co and Deutsche Bank AG for fixed-income investor meetings from March 11, according to a person familiar with the deal. Moody's Investors Service rated the proposed note in the US currency at Ba3.
Knn dun know why they raised so much monies? Either the coy can't produce enough cash flow to repay debts or opportuntist tobtake advantages of super low bond yield.
CHINA Minzhong Food Corp is planning a US dollar-denominated bond as Asia-Pacific note sales reach a five-week high. Debt risk in Australia and Japan declined to the lowest since 2011.The vegetable processor based in the south-eastern province of Fujian hired JPMorgan Chase & Co and Deutsche Bank AG for fixed-income investor meetings from March 11, according to a person familiar with the deal. Moody's Investors Service rated the proposed note in the US currency at Ba3.
Knn dun know why they raised so much monies? Either the coy can't produce enough cash flow to repay debts or opportuntist tobtake advantages of super low bond yield.
TIMING IT RIGHT China Minzhong is said to have hired JPMorgan Chase and Deutsche Bank for fixed-income investor meetings from March 11
CHINA Minzhong Food Corp is planning a US dollar-denominated bond as Asia-Pacific note sales reach a five-week high. Debt risk in Australia and Japan declined to the lowest since 2011.The vegetable processor based in the south-eastern province of Fujian hired JPMorgan Chase & Co and Deutsche Bank AG for fixed-income investor meetings from March 11, according to a person familiar with the deal. Moody's Investors Service rated the proposed note in the US currency at Ba3.
Knn dun know why they raised so much monies? Either the coy can't produce enough cash flow to repay debts or opportuntist tobtake advantages of super low bond yield.
CHINA Minzhong Food Corp is planning a US dollar-denominated bond as Asia-Pacific note sales reach a five-week high. Debt risk in Australia and Japan declined to the lowest since 2011.The vegetable processor based in the south-eastern province of Fujian hired JPMorgan Chase & Co and Deutsche Bank AG for fixed-income investor meetings from March 11, according to a person familiar with the deal. Moody's Investors Service rated the proposed note in the US currency at Ba3.
Knn dun know why they raised so much monies? Either the coy can't produce enough cash flow to repay debts or opportuntist tobtake advantages of super low bond yield.
I'm new to stocks and may i know what will happened if indofood propose  privatization? Will it be good or bad for the price? 
teobl9 ( Date: 08-Mar-2013 15:35) Posted:
|
This one support at 110 .
but gap will close at 107.5
about good entry point if you think takeover exercise is at play.
I have taken profit for this counter.
ozone2002 ( Date: 08-Mar-2013 16:54) Posted:
|
Think will hv a better picture one the pricing and the purpose of the new notes next wk.
UOB chart genie triggered!
Time: 2:56PM
Exchange: SGX
Stock: ChinaMinzhong(K2N)
Signal: Support - Broken with High Volume
Last Done: $1.15
Vegetables is really cheap!
I had loaded more on CMZ. Think  certain sharehloder  is selling some shares  to buy  the new issued bond. I will hold CMZ and waiting Indofood to propose privatization since she already hold close to 30% shares. Huat arh!!!