For the months to come likely to trade below 0.18 till next year. Think carefully how you want to trade this stock
(18-08-2014, 08:56 AM)FlyingEagle Wrote: [ -> ]For the months to come likely to trade below 0.18 till next year. Think carefully how you want to trade this stock
Let me guess. You kena burnt hands already?
No leh all in all 20K plus gain i think is not bad? Could have been more that's what i meant
Maybe you have lost? Or never gained a cent? Good luck
(18-08-2014, 08:56 AM)FlyingEagle Wrote: [ -> ]For the months to come likely to trade below 0.18 till next year. Think carefully how you want to trade this stock
U r proven to be a good reverse indicator....
Jialat. U tell him already then lose effectiveness as contrarian indicator Liao. Joking only. Hahha.
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http://m.seekingalpha.com/article/243523...d-sept-ipo
Alibaba Eyes Used Cars, Korea, Mid-Sept IPO
E-commerce leader, Alibaba is supposedly in a quiet period in the run-up to its upcoming multi-billion dollar IPO, but you would never know that based on the steady stream of headlines that keep emerging about the company. In all fairness, many of the IPO-related headlines are probably coming from investment banking sources who are trying to hype the offer that could be the world's biggest-ever by a tech firm. But I suspect many of those reports are probably coming from company sources, including the latest reports that Alibaba is preparing to launch a used car e-commerce platform and move into South Korea.
Honestly speaking, I don't have any objections to Alibaba's constant prattle, as this is clearly one of China's hottest companies, and one that's made billions of dollars in new acquisitions and other strategic moves since the beginning of last year. But if US securities regulators are really serious about enforcing the "quiet period" rule, then perhaps they should make a friendly phone call to Alibaba, reminding it that comments from unnamed sources are technically in violation of those rules if those comments come from company officials.
Now that I've gotten my thoughts on Alibaba's tactics out of the way, let's look at the latest news bits, starting with reports that the company is getting set to launch a used car e-commerce platform in partnership with China Grand Auto, one of the nation's largest car sellers (Chinese article). The reports, which cite unnamed sources, say the tie-up will also include an off-line collaboration, and that China Grand Auto is planning its own IPO in Hong Kong by year-end.
There's no additional detail, but I would expect such a collaboration would require funding commitments of $100-$200 million, with Alibaba likely to take a stake of 50 percent or less. The used car market looks like one filled with potential, though such second-hand cars also carry a certain stigma in China due to the preference for new things. On the whole, the deal could provide some new opportunity for Alibaba, but is probably much more significant for China Grand Auto.
http://m.yicai.com/webapp/news_4008846.html
消息称阿里与广汇汽车拟成立二手车电商平台
8月18 日中午消息，值阿里巴巴即将赴美上市之际，有消息透露，阿里将与国内最大汽车经销商广汇汽车合作经营二手车交易平台，线下4S店和线上平台相辅相成。同时，据传广汇汽车将于下个季度在港上市。
阿里巴巴正在积极筹备赴美上市，据《东方日报》报道称，消息透露阿里与广汇汽车早前已经达成合作意向，成立二手车电子商务平台，双方利润分成，线下经营模式是汽车厂商在不同省市投资建设汽车品牌4S店，以及外区的2S店，潜在负责汽车维修，后者负责试驾、取车及车牌安装。
同时，广汇汽车将于下季度在港上市，有传发行25%股份，集资额最高可达100亿元。据悉，目前已通过上市聆讯，承销商包括中金、高盛、德州太平洋集团等基金。
广汇汽车母公司为新疆广汇集团，2006年成立广汇汽车，目前在全国有超400哥销售服务点，2012年营业收入为726亿元，整车销售38万辆。
According to AR2014,
Knowledge Universe Holdings, LLC (KUH) is a holding company that has various interests in education related ventures including an approximate 65% interest in Knowledge Universe Education LP, the Group’s global education platform. The Group’s 12.2% equity interest in KUH was acquired at a cost of approximately US$57 million. In accordance with the terms of the KUH operating agreement, upon the Group receiving cumulative distributions from KUH of approximately US$97 million,
the Group’s interest is reduced to 10.2%.
I didn't realize there is such an agreement. Any valuebuddies know any other hidden clauses??
