AUSSINO   

AUSSINO - Myanmar U Zaw Zaw

how much more it's gonna drop further? what is the resistance n support?

anybody can adv? thks

 

hi,

new on the market, what do u all think of the chances of going up or will it still go down further?

 

 

hmmm ..... nicely consolidated from it's recent high of 147 .....

 

thanks a lot for sharing

Octavia      ( Date: 30-Jul-2013 16:39) Posted: It alrdy official the grp  had terminated the proposed reverse-takeover offer by Max Strategic Investments (the energy business of Max Myanmar group, owned by Myanmar’s tycoon U Zaw Zaw). The group also informed shareholders that it is actively seeking other potential investments and proposals to enhance its financial position and is requesting a time extension to meet the minimum listing criteria in order to be removed from SGX Watch-List by 6 Sep 13, failing which the company will be de-listed. seanpent      ( Date: 30-Jul-2013 15:17) Posted: another possible view point ..... is that the RTO is still ongoing ..... and  the info is considered a good update/follow up  for us .....

 

It alrdy official the grp  had terminated the proposed reverse-takeover offer by Max Strategic Investments (the energy business of Max Myanmar group, owned by Myanmar’s tycoon U Zaw Zaw).

The group also informed shareholders that it is actively seeking other potential investments and proposals to enhance its financial position and is requesting a time extension to meet the minimum listing criteria in order to be removed from SGX Watch-List by 6 Sep 13, failing which the company will be de-listed.

seanpent      ( Date: 30-Jul-2013 15:17) Posted: another possible view point ..... is that the RTO is still ongoing ..... and  the info is considered a good update/follow up  for us .....

 

another possible view point ..... is that the RTO is still ongoing ..... and  the info is considered a good update/follow up  for us .....

 

while reading the fine prints, technically seems the RTO is still not over yet as there's mentioned  of " explore potential ways to restructure the transactions" ?

Octavia      ( Date: 30-Jul-2013 14:47) Posted: Not surprised that  the deal fell though.They can come up with another sexy story  again. Sometimes I feel that these RTO deals are a syndicate devised by the SSH & BBs.Their plan is to make  the counter alive and  suck money from the retailers.So in the end who are the fools?Sigh. seanpent      ( Date: 30-Jul-2013 14:34) Posted: will it be a blessing since it's possible to open itself up to other even better choices

 

Not surprised that  the deal fell though.They can come up with another sexy story  again.

Sometimes I feel that these RTO deals are a syndicate devised by the SSH & BBs.Their plan is to make  the counter alive and  suck money from the retailers.So in the end who are the fools?Sigh.

seanpent      ( Date: 30-Jul-2013 14:34) Posted: will it be a blessing since it's possible to open itself up to other even better choices ? Octavia      ( Date: 30-Jul-2013 14:29) Posted: Aussino's RTO plan with Myanmar energy group falls through Bedlinen retailer Aussino Group on Tuesday said its reverse takeover (RTO) deal with the energy business of Max Myanmar Group has been terminated. This was because conditions to their sale and purchase (S& P) agreement signed last year had not been fulfilled or waived within the deadline of 12 months from the agreement dates. " Separately...the parties thereto are obliged to discuss in good faith and explore potential ways to restructure the transactions contemplated in the S& P agreement within three months of the SGX-ST's rejection of the application,'' the company said in a statement. " The company and the vendor had not been able to arrive at a mutually agreeable structure for the proposed acquisition," it added.

 

will it be a blessing since it's possible to open itself up to other even better choices ?

Octavia      ( Date: 30-Jul-2013 14:29) Posted: Aussino's RTO plan with Myanmar energy group falls through Bedlinen retailer Aussino Group on Tuesday said its reverse takeover (RTO) deal with the energy business of Max Myanmar Group has been terminated. This was because conditions to their sale and purchase (S& P) agreement signed last year had not been fulfilled or waived within the deadline of 12 months from the agreement dates. " Separately...the parties thereto are obliged to discuss in good faith and explore potential ways to restructure the transactions contemplated in the S& P agreement within three months of the SGX-ST's rejection of the application,'' the company said in a statement. " The company and the vendor had not been able to arrive at a mutually agreeable structure for the proposed acquisition," it added.

 

Aussino's RTO plan with Myanmar energy group falls through

Bedlinen retailer Aussino Group on Tuesday said its reverse takeover (RTO) deal with the energy business of Max Myanmar Group has been terminated. This was because conditions to their sale and purchase (S& P) agreement signed last year had not been fulfilled or waived within the deadline of 12 months from the agreement dates. " Separately...the parties thereto are obliged to discuss in good faith and explore potential ways to restructure the transactions contemplated in the S& P agreement within three months of the SGX-ST's rejection of the application,'' the company said in a statement. " The company and the vendor had not been able to arrive at a mutually agreeable structure for the proposed acquisition," it added.

 

aussino.....hopefully can break the 0.134

 

Any hope for this babe to go up 0.14 today?

 

like that tmr hv to cut loss. anybody can adv what is the ressistance and support of this aussino? can keep for mid term?

 

but may probably " expect the unexpected" ..... there seems to be some bottom pickings

 

Europe market sentiments

dicksonh      ( Date: 25-Jul-2013 16:29) Posted: how come sudden breakdown

 

how come sudden breakdown

 

Wah piang....magnus want to move 1 pip also so difficult...really tak boleh tahan.

seanpent      ( Date: 25-Jul-2013 15:13) Posted: think Aussino and Lorenzo has transformed into a super bull )

 

think Aussino and Lorenzo has transformed into a super bull )

 

not bad!!! 0.138 vs 0.139!!! wahaaaaaaaaaaaaaa

Wolong      ( Date: 25-Jul-2013 12:10) Posted: 0.127 still can enter? seanpent      ( Date: 25-Jul-2013 11:24) Posted: think got lots of rooms for Lorenzo to catch up

 

0.127 still can enter?

seanpent      ( Date: 25-Jul-2013 11:24) Posted: think got lots of rooms for Lorenzo to catch up