03-04-2013, 10:06 AM
(02-04-2013, 10:11 PM)Ray168 Wrote: [ -> ]Today another new high... close @ $1.07 or up 6.5%.Thank you Ray168,
Infact, the share price increase 26% for the last 5 trading days.
There are increasing trend of retailers like us jumping into the band wagen. Bubble in the making?
(01-04-2013, 11:11 AM)Ray168 Wrote: [ -> ]BT hits $1.00 today with married deal of 3,225 lots strike on $0.95.
This bread is talking...
I see that the upwards hike in BreadTalk's share price is continuing this morning, 3rd April. As at 10.00 am BreadTalk's share price is up ~ 10.3/4% (ten and three quarters percent) to S$ 1.185. Looks like one very determined buyer is picking up all the shares in the selling line - in the first hour of trading more than 1.4 Million BreadTalk shares changed hands.
Primacy/MINT have not announced any further purchases, i.e. none since their last announcement of March 22nd. I see that this morning's DBS's "Singapore Traders Spectrum" daily wire report included the following narrative (doesn't add anything really).............
QUOTE
Shares of BreadTalk Group have gained 22% over the past week. The current rally has its roots in Thailand's Minor International (Mint) paying about $8.5m since Jan 9 to raise its stake to 8.9% as at March 21. Mint's restaurants are already in some of the same markets in which BreadTalk operates. Mint owns the ThaiExpress chain of Thai restaurants in Singapore and recently bought the Riverside casual dining chain in China.
UNQUOTE
I'm enjoying this ride (for now).
Vested