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CAH requested for a trading halt this morning. Placement of shares or some other news?

Another S-chips issues trading halt... interesting.

You are vested?

(21-04-2011, 10:01 AM)nutty Wrote: [ -> ]Another S-chips issues trading halt... interesting.

You are vested?

Not vested.

Just tracking these S-Chips.

CNA was prominently featured on Monday's (18 Apr 11) edition of Money Mind under the segment on pennies stock. It was well promoted by both DMG and SIAS Research.

If this turn out to be another scandal, it will be eggs on the face of both houses.

http://info.sgx.com/webcoranncatth.nsf/V...9001901AA/$file/CAH_1Q2011PressRelease.pdf?openelement - Just halted to release their 1Q results so don't panic haha !

(21-04-2011, 12:47 PM)Nick Wrote: [ -> ]http://info.sgx.com/webcoranncatth.nsf/V...9001901AA/$file/CAH_1Q2011PressRelease.pdf?openelement - Just halted to release their 1Q results so don't panic haha !

Oh, so CAH is doing an "Ezra".

(21-04-2011, 01:01 PM)Musicwhiz Wrote: [ -> ]

(21-04-2011, 12:47 PM)Nick Wrote: [ -> ]http://info.sgx.com/webcoranncatth.nsf/V...9001901AA/$file/CAH_1Q2011PressRelease.pdf?openelement - Just halted to release their 1Q results so don't panic haha !

Oh, so CAH is doing an "Ezra".

FCF is positive, so not quite the same as Ezra

No, I meant Ezra also halts trade for half a day when it releases results.

Not talking about their financials.

think they must have encountered that the financial results leaked before the official announcement.

maybe got warnings from SGX before?

OMG, this S CHIP IS SO UNDERVALUED! PE of 7.8, Generates postive cashflow, pays increasing dividends, reports higher profits and Stronger balance sheets!