Eastern Holdings

Wonder why 24.5 cents... based on some magic formula?

(21-08-2013, 07:00 PM)smallcaps Wrote: Wonder why 24.5 cents... based on some magic formula?

maybe MBT going to pay 35 cents. So 30% premium...hahahaha..

(21-08-2013, 07:11 PM)opmi Wrote:

(21-08-2013, 07:00 PM)smallcaps Wrote: Wonder why 24.5 cents... based on some magic formula?

maybe MBT going to pay 35 cents. So 30% premium...hahahaha..

Or maybe he juz dun see the need to raise it as long as there are sellers at 24.5 cents...

Up to now still no share buybacks. Seems he prefer to buy directly vs increase stake thru share buyback.

Who is mbt?

Not mah bow tan.

MBT is the holding co used for the last offer

Minorities, Buy Them?

(22-08-2013, 07:45 AM)smallcaps Wrote: Minorities, Buy Them?

from the time and sales data, it seems that some bigger holder
is selling. so I expect the selling to dry up.

my guess is those less than 30K shares, dont bother.

Updates*
ST recent purchases so far:

2013-08-21 : 45 lots @ 24.5 cents
2013-08-20 : 162 lots @ 24.5 cents
2013-08-16 : 155 lots @ 24.5 cents
2013-08-13 : 12 lots @ 24.5 cents
2013-08-12 : 64 lots @ 24.5 cents
2013-08-06 : 273 lots @ 24.5 cents
2013-08-05 : 31 lots @ 24.5 cents
2013-08-02 : 212 lots @ 24.5 cents
2013-07-31 : 165 lots @ 24.2 cents

ST bought 1119 lots each trading day.
Total volume over the same period is 1,842 lots
Slowly moving towards 24 millions or 24,000 lots right?

2013-08-22 : 101 lots brought @ 25 cents, have to see if it's ST/MBT.


STOP SELLING TO THEM!!

Juz wondering when company would announce about hoy fatt. The pre trial started last week rite? So r companies suppose to announce only after law suit settled or when the suit starts?

Seems the Hoy Fatt pre trial was last Tues, 20 Aug, regarding OTP:

http://webcache.googleusercontent.com/se...clnk&gl=sg