Aberdeen has 75M shares to dump on the market. Who dares to buy?
(12-12-2015, 12:39 AM)propertyinvestor Wrote: [ -> ]Aberdeen has 75M shares to dump on the market. Who dares to buy?
Aberdeen told you they wanted to sell all the 75m shares ? You really have very good connection to know this insider info !
The common sense is that if 75M shares worth $1.00 each is going for sales, it will likely be a private deal and not through the exchange.
Sellers today are from Morgan Stanley, Credit Suisse and UBS. These are usually the prime brokers that service the big funds here
http://www.straitstimes.com/business/jak...-points-at
Other rumours have also emerged amid the market volatility. A trader speaking on anonymity told the Straits Times that CapitaLand may be considering a bid for China-focused developer Yanlord Land Group.
CapitaLand dropped three cents or 0.96 per cent to S$3.09, and Yanlord shed 0.5 cents or 0.52 per cent to 96.5 cents.
Update :
Purchases by Chairman Zhong SJ in year 2015/2016 :
Year 2015 :
1) 03 March:30,000 shares @0.91
2) 04 March:896,000 shares @0.9514
3) 05 March : 378,000 shares @0.986
4) 17 March : 2,000,000 shares @ 0.94
5) 26 March 364,600 shares @ 0.9597
6) 29 July 50,000 @0.985
7) 13 Aug 500,000 shares @0.9994
8) 01 Dec 1,000,000 shares a@ 1.0499
9) 02 Dec 1,000,000 shares @ 1.0497
Year 2016
10) 15 Jan 23,079,500 shares @0.95 ( Married deal )
Update :
http://infopub.sgx.com/Apps?A=COW_CorpAn...81c18c6022
Ok so Aberdeen sold 23M shares. That's another 50M to go!
(19-01-2016, 09:22 PM)propertyinvestor Wrote: [ -> ]Ok so Aberdeen sold 23M shares. That's another 50M to go!
Aberdeen told you this confidential data ? You are really so well connected !
Aberdeen dumped another 2+ million shares today!