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from the looks of it, doesn't look like its going down! too bad, me let go too fast...
Think can hit higher than this a bit more.
dicksonh ( Date: 30-Aug-2013 14:23) Posted:
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think it might goes down any moment. run up too much liao.
will this be able to hit 40 today?
No more on hand. Waiting right time / price to re-entere SPH!
Octavia ( Date: 30-Aug-2013 14:12) Posted:
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Do not quite agree with yr calculation :)
WanSiTong ( Date: 30-Aug-2013 13:11) Posted:
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This one will out perform yr Baker Tech and SPH which have not recover from its XD.
WanSiTong ( Date: 30-Aug-2013 13:28) Posted:
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Queuing at 38c,hoping to get some more.
Huat arh!!
queue at 40 cents
One possible scenario is that company might announce the business deal after today trading.Come Monday, the adjustment of the dividend would not be that drastic instead it may go up.
Alternatively,deal announcement might come after the XD.But imo,the dilution wld not be outright 13c.
Mgtment is very proactive.Notice the dividend payout date is just 7 days after announcement lodged with SGX on 27 Aug 13.
Something is brewing for sure.Notice there was a rush to buy at the opening.Bro SC also notice that.
DYODD.
Anyway no bet cannot lose.
Lai liao...
investor are buying more than a CD payout.
ie Shareholders can only get back 12c if delisted.
WanSiTong ( Date: 30-Aug-2013 13:11) Posted:
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There is potential risk of delisting if they cannot find a new business in time.
Pursuant to Rule 1018, should the Company fail to enter into a definitive agreement for a new business that meets the requirements for a new listing by certain date, the SGX-ST will proceed to remove the Company from the Official List of the SGX-ST. Rule 1306 of the Listing Manual provides that if the SGX-ST exercises its power to remove an issuer from the Official List of the SGX-ST, the issuer or its controlling shareholder(s) must comply with the requirements of Rule 1309. Rule 1306 further provides that for purposes of Rule 1309, a reasonable exit offer may include a voluntary liquidation of the issuer?s assets and distribution of cash back to shareholders.
Can maintain more than 18.5c after Ex , consider very gooooood oredi!
Not to forget NAV after Ex is only 12c
Take profit more than 13c oredi. Leave some for other. Hehe.........
Octavia ( Date: 30-Aug-2013 12:22) Posted:
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Bro Wan,you not buying for CD? I know you like gd dividend counters.Haha
WanSiTong ( Date: 30-Aug-2013 12:15) Posted:
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Wow! Wow!!? From 18.5c to 36.5c
Ex : 2/9 Monday
Octavia ( Date: 30-Aug-2013 11:08) Posted:
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It's alrdy > 100%.
Expect some selling pressure later for those not planning to hold for cd.
gavinl ( Date: 30-Aug-2013 10:57) Posted:
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At least this has a good reason to go up. Look at ossia, from 12.+ to 50(today high). No reason known yet.
I m speechless for this counter. Really dun know what to say?. 0.365 now. Is like no gravity. From a sleeping price of 0.175 till now. WOW!