Latest Posts By JMS213
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| 15-Mar-2013 09:15 |
China Fishery
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China Fishery - Low PE
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Halleluyah, Check SGX " Marking of sell orders" for the first time, seeing short sellers. Does that mean anything ? Huh ... if this can help to know the pattern that is building up ..... just thinking aloud ..... |
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| 14-Mar-2013 22:15 |
China Fishery
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China Fishery - Low PE
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Veteran Halleluyah, Thank you. No wonder, your title is veteran. Did not know it is so interesting .... ok. Keep some bullets when the price is nearer to ex-right. 
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| 14-Mar-2013 14:12 |
China Fishery
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China Fishery - Low PE
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Can somebody please explain, it seems to me that players are wanting to keep the price within a range of $0.565-0.57, Why ? Yesterday, I thought .... I have missed the boat, bought some at $0.56 but today the price just creeped up a little ... wondering should I increase my stake? Any kind soul, what is happening ? | ||||
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| 14-Mar-2013 10:07 |
China Fishery
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China Fishery - Low PE
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Halleluyah, good you provide info regarding Interra Resources and Annica. I did a check on the background on why Interra and Annica raise the $$$$, after the findings I chose to go along with Starlene,
The purpose why they issue Rights is also very important, China Fish strategically wanting to acquire a profitable and below value company. Naturally Dyer Coriat family is frantically trying to block, .... DESPERATELY.. HAHA. I will go with Starlene, managed to buy some at $0.56 While Interra Resources, went for PAYment Unless otherwise defined, capitalised terms used herein shall bear the same meaning ascribed to them in the offer information statement dated 5 September 2012 in relation to the Rights Issue (the Offer Information Statement). Further to the announcements dated 19 October 2012, 15 November 2012, 14 December 2012, 26 December 2012 and 15 January 2013 in relation to the use of proceeds from the Rights Issue, the Board of Directors of Interra Resources Limited (the Company or Interra) wishes to provide an update on the utilisation of the net proceeds from the Rights Issue of S$21,752,124 (after deducting related expenses incurred in connection with the Rights Issue) (the Net Proceeds) as follows: Purpose Payment of US$1,041,700 for work activities relating to the work programme of Linda Sele TAC in Indonesia for the year 2013 Payment of US$991,336 for work activities relating to the work programme of Tanjung Miring Timur TAC in Indonesia for the year 2013 Payment of US$969,000 for work activities relating to the work programme of Yenangyaung and Chauk IPRCs in Myanmar for the year 2013 Total
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| 13-Mar-2013 18:15 |
China Fishery
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China Fishery - Low PE
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Thanks for the extract from Undercurrent news by serialain If Copeinca justification of $1bn valuation is indeed correct, ...... this is definitely a strategic move and much planning in acquiring it. Can see that Dyer Coriat family is now frantically trying to block it. Veteran pretty smart got some at 0.56, wonder if the price will go up after the news .... hope I'm not too late. Based on Peruvian mergers and acquisitions made since 2011, a companys share of the Peruvian total allowable catch quota has been valued at between $90 million to $105 million per 1% of the quota. On these terms, and due to its 10.7% quota holding, Copeinca should be valued at between $950m and $1.1 billion, said Trapunsky. I would say that Copeinca is probably the most profitable fishing company in Peru, said Trapunsky, explaining his valuation of the company. |
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