Accumulators cap their collection price at 0.75/0.755. When no one wish to sell at this level, they will raise their buying price, thus share price will be pushed up.
So fast , nobody wants to sell to buyers at 0.75/0.755.
Buyers up bid to 0.775/0.78 now.
Yes...Metro is much faster than Guocoleisure and Stamfordland...
I own all 3 last time......have since sold Guocoleisure.....
(19-04-2012, 11:13 AM)Stocker Wrote: [ -> ]So fast , nobody wants to sell to buyers at 0.75/0.755.
Buyers up bid to 0.775/0.78 now.
Sold all my 350,000 shares at 0.775. Just in case there is another " buy on rumour sell on news."
Feel special dividend will not be more than 5 cents because of the enlarged capital base, after the 1 for 5 bonus issue.
I also feel the share price has risen from 0.665 to this level is more than enough to cover the special dividend.
(19-04-2012, 12:19 PM)cfa Wrote: [ -> ]Sold all my 350,000 shares at 0.775. Just in case there is another " buy on rumour sell on news."
Feel special dividend will not be more than 5 cents because of the enlarged capital base, after the 1 for 5 bonus issue.
I also feel the share price has risen from 0.665 to this level is more than enough to cover the special dividend.
You decided to take the special dividend in advance .
closed up at 0.79 today what happened?
closed up at 0.79 today what happened?
Buy in anticipation of good dividend and other good goodies. Very undervalued stock with big pile of cash.
If the special dividend is below expectation then many may throw this stock away.
Has the prevailing share price factored in the good dividend to be declared in May ?
Metro's results are due from next week onwards.
With the biggest lemon gone and lack of new development initiatives by Metro, would any buddies care to speculate on the potential payout from the estimate cash hoard of 45 cents per share?
Waiting till neck long face green
Hi GG,
Do you have the email to write to Metro? Cam pm me? Thanks
(18-05-2012, 09:00 PM)greengiraffe Wrote: [ -> ]Metro's results are due from next week onwards.
With the biggest lemon gone and lack of new development initiatives by Metro, would any buddies care to speculate on the potential payout from the estimate cash hoard of 45 cents per share?
Waiting till neck long face green
saw this announcement from shui on land "PROPOSED SPIN-OFF AND SEPARATE LISTING OF CHINA XINTIANDI COMPANY LIMITED ON THE MAIN BOARD OF THE STOCK EXCHANGE OF HONG KONG LIMITED AND POSSIBLE MAJOR TRANSACTION "
wonder if it will benefit metro?