HTL

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#51
Another cornered stock ?
“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
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#52
The Possible Offer By Way Of the Proposed Scheme of Arrangement

Quote:The Parties initially agree that the price for each Share shall be S$1.00 (the "Proposed SchemeConsideration"). The final price of the Proposed Acquisition shall be determined by bilateral negotiation, which shall be confirmed by the parties no later than 20 February 2016

The Proposed Scheme Consideration represents the following premia over the historical traded prices of the Shares prior to the Possible Offer Announcement Date:
* 316.7% over last transacted price of the Shares on 22 October 2015 (S$ 0.240),
* 46% over last transacted price of the Shares on 28 December 2015 (S$ 0.685),

Congratulations.
Specuvestor: Asset - Business - Structure.
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#53
Heart pain pain. Sold mine all at .57.. Now left w odd lot..sob sob
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#54
Curious, why is it not trading near $1?Any experts view?
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#55
(08-01-2016, 03:52 PM)alex Wrote: Curious, why is it not trading near $1?Any experts view?

$1 is not the final price, still negotiable. So Mr.market straight away takes a 20% cut....fair enough under current tough environment....
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#56
could any please translate Yihua's SSE announcement on these two links?

Yihua's share price fell 10% today.

your help is greatly appreciated.

http://www.sse.com.cn/assortment/stock/l...tId=600978
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#57
(25-01-2016, 08:33 PM)Nebula Wrote: could any please translate Yihua's SSE announcement on these two links?

Yihua's share price fell 10% today.

your help is greatly appreciated.

http://www.sse.com.cn/assortment/stock/l...tId=600978

sorry the link does not work.

please use this one
http://www.sse.com.cn/assortment/stock/l...tId=600978

there has been unusual fluctuations in yihua's stock price
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#58
http://infopub.sgx.com/FileOpen/HTL_2016...eID=387657

What now? The proposed acquisition is a bluff??

HTL plunged.... Congrat to those who sold at 80+
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#59
(29-01-2016, 09:50 AM)desmondxyz Wrote: http://infopub.sgx.com/FileOpen/HTL_2016...eID=387657

What now? The proposed acquisition is a bluff??

HTL plunged.... Congrat to those who sold at 80+


I do not think that the whole thing is a bluff...... if thats the case the share px would hv gone down to $0.4 (before the announcement in Nov 2015). However, the px seems to be well supported at ard $0.6.

I have reproduced a portion of the announcement. Take note of the items highlighted in bold:

The Board of Directors has noted the contents of the Announcement and wishes to reiterate to investors that the Company is not a party to the Proposed Acquisition, and no approach, whether formal or informal has been made to the Board of Directors in connection with the Proposed Acquisition. Accordingly, the Company was not consulted and has no prior knowledge of the contents of the announcements released by Yihua on SSE (“SSE Announcements”), nor is it likely to be consulted or receive prior notification in relation to future SSE Announcements.

These first item is consistent with what they have mentioned all along:
- there is no offer yet. buy at your own risk. 

The second item is just ordinary, nothing surprising:
- the board will not be consulted before Yihua post any announcement on SSE. there is no obligation on Yihua to do that. 

To summarise the risks:
- Maybe no offer
- Maybe the offer px will not be $1.
There are no good stocks. Stocks are only good when they go up after you bought them.
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#60
Volume seems to be declining slightly. Anyone has any further view on this counter before Monday?
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