
hello all experts out there, please tell me what i am missing here......
the new share, if issued is price at a VERY VERY significant discount (SGD0.04) and also massively dilute all existing shareholder.   So i cannot understand why the current share price should go up even if the new shareholder is very strategic.   Most other listed company price their discount no more than 10-20% for strategic investor.......look at Yamada, Rowsley etc etc  
If you are the biggest shareholder, why would you sell at such discount and in the process, let someone become the single largest shareholder, ceeding control? 
btw, i sold everything.   looking to enter only below 10cents or if i hear another opinion 
 
hk share price drops to 70hk..dont know should sell now..as spore price us much higher
$0.145
before issue, nav is how much?
newbiexpert ( Date: 19-Mar-2013 10:37) Posted:
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NAV after issue would be $0.10
will 30 cts be the bigger picture ?  good to have expert views on this
0.128 

pls ignore this.i think i make a mistake here... :)
happyharvest ( Date: 18-Mar-2013 23:11) Posted:
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Btw, there is no issues of new shares.. just a transfer of shares from one party to the other..
boon88288 ( Date: 18-Mar-2013 22:26) Posted:
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The placement seems to be apply to the hk stock market not sgx..hmm
boon88288 ( Date: 18-Mar-2013 22:26) Posted:
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If you translate hk0.246 into the stock price, is how much? 
 
 
boon88288 ( Date: 18-Mar-2013 22:26) Posted:
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placement value is huge discount
Cheong up tmr?
how come the proposed subscription is only hk0.246, 40% stake
no short on this good or bad
next week is the agm, hope got good news
im not going to post any more so this is my only post until buy signal again, sorry for disturb and wait for good news than I will come out again,sorry again
my avg price 10-11 holding for 3yrs +..hopi to sell at 15cts
bought very long time ago
think will sell near nav

my gut feel is uptrend..what is ur buying price..not on contra right