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so did any1 SHORTed this ?!??! hee....highest 3.65...now 3.55...was hoping it will higher so i can short...
wah...now that the truth is out...cant SHORT anymore liao :(((
ok...get on my life!! next target !?!?!? hee...
18.02.2008
Evraz Enters into a Share Purchase Agreement to Acquire up to 51 per cent of Delong Holdings Limited
February 18, 2008, Luxembourg ? Evraz Group S.A. (LSE: EVR) (?Evraz?) today announced that it has entered into a Share Purchase Agreement (the ?Agreement?) with Best Decade Holdings Limited (?Best Decade?) and the shareholders of Best Decade, to acquire from Best Decade up to approximately 51 per cent of the issued share capital of Delong Holdings Limited (?Delong?) over an agreed period of time. This transaction is subject to anti-trust clearance by the Ministry of Commerce (?MOFCOM?) and the State Administration of Industry and Commerce (?SAIC?) of the People?s Republic of China (the ?PRC?).
Delong has been dropping on rising steel prices.
hee...did any1 SHORTED this burger ?!??! i did...hee...dunno y just feel so glad making $$ out this burger DUNNO HOW MANY TIMES liao :P
err....GOLD award can translate into $$ profit for sky rocket steel materials used???? dont think so rite?? this burger will experience further SHORTING..hee...
Delong announced that it was awarded the Gold award for product quality from the China Association for Quality ? Metallurgy branch (CAQ) (www.caq.org.cn).
Recognised as a benchmark for product quality by the PRC steel industry, the award follows a series of through assessments on the business and production process of each candidate. Technical competencies and end product stability are also key factors in the assessment criteria. Targeted at improving the quality management processes and standards of the PRC Steel Industry, this award reaffirms Delong's position as a leading steel manufacturer in the PRC.
Commenting on the award, Delong's Executive Chairman, Mr Ding Liguo said, "We are honoured to receive this award from the China Association for Quality which is commonly referred to as the benchmark for the PRC steel industry. This award stands testament to our commitment to continued product and process enhancements; we will continue to strive to improve on our existing standards and reinforce our position as a leader in the PRC steel manufacturing industry."
Recognised as a benchmark for product quality by the PRC steel industry, the award follows a series of through assessments on the business and production process of each candidate. Technical competencies and end product stability are also key factors in the assessment criteria. Targeted at improving the quality management processes and standards of the PRC Steel Industry, this award reaffirms Delong's position as a leading steel manufacturer in the PRC.
Commenting on the award, Delong's Executive Chairman, Mr Ding Liguo said, "We are honoured to receive this award from the China Association for Quality which is commonly referred to as the benchmark for the PRC steel industry. This award stands testament to our commitment to continued product and process enhancements; we will continue to strive to improve on our existing standards and reinforce our position as a leader in the PRC steel manufacturing industry."
wow..who is artifically suppressing this DELONG at 2.65 siah !!! so fast and furious !!! :PPP
btw...covered earlier at 3.64 :P hoHooHOoo.....hee :P wah...pre-DJ is -ve 45...Mon got more chance to SHORT liao :P
ok...SHORTED this burger at 3.70 x5 this morning...hee and also contra on StraitsAsia 2.20x5 let go at 2.25 liao :P ...hee..wish me luck on DELONG ! :P
hee....2.32 now !! wow...those that got it at $3 few weeks back must be planning suicidle notes by now ???? :(( *my sympathy*....
wonder shld SHORT lower ???? tempted to SHORT CAO oso...hee...
wow!! 2.54 !! missed it man....shld hv shorted days back !!! hee...
hee...covered back at 3x $2.87 !! :P cheers !!!
hee...shorted this burger 3x at 2.95 !!! :)
WAH!! this burger SHORTING loses steam??? need me to turn on my -ve AFTERBURNER ??!? hee.....shorting this burger is more shiok than SPC !! :)
wah !! SHORTED till 2.96 !!!! wow...
aya..this wan likely got cornered lah..look at the yiyo price u can tell...CONTRA or SHORTISTs..also can get heart attack on this....even too risky for me i must say :))))
Din expect the announcement to be so serious, now dropped till below $3..
wah !! 36cents drop !!! wowWWwooOWwooooWwoo....my SHORTIST bridgades really WORK damn HARD !! hee...wonder if it can withstand $3 barrier tomor ...this burger is FUN ! :)
HAhahahaha...hee...shorted until hapi for this burger $3.02 !!!! wow..... :)