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Sunningdale Tech
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stockpicker
Master |
16-Jul-2014 00:37
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The cash of USD $80 mil was the 1st refund for the termination of agreement for the ending of the Russian Pollock supply of fishes. CF borrowed money and pre-paid USD$438 for this agreement in 2012 and 2013. One should say the Russian Pollock deal is a failed business and CF is saddened with a debt in which CF is now paying a heavy financial cost. Together with the USD$800 mil borrowed to acquire Copeinca, CF has cumulated about SGD$1,5 billions of debts with interest or finance cost of over SGD$100 mil per year. This 1st refund may be able to cover the financial cost and show some surpluses in the coming quarterly report but those who knows that background will discount such " incomes" if it is reflected in the earning report. It would be wise for CF to use the balance of the refund to reduce its long term debts rather than keeping it as cash as they should have enough cash after changing its stand to redeem the Copeinca' s senior bonds.
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halleluyah
Supreme |
15-Jul-2014 23:30
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Tp boh reach but cut loss pt reach...lol.
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Bigmama
Elite |
15-Jul-2014 23:14
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Your crystal ball is never right.... Show my one TP that is reached in any of your crystal ball postings and I will shut up. Ha ha ha....... None right.... That figures...... It is all bull shit.
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cheongsl
Master |
15-Jul-2014 21:50
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I have just vested. Net Asset value per share is USD0.58, which is around S$0.72, current price is trade at around 50% discount. The company is having profit over the years. For the third quarter result, which is from Apr ~Jun 2014, it will be positively impact by the long term supply termination for LSA which shall be contributed of 80million USD in cash in Apr 2014, refer to news release on 24march 2014. Total LSA for remaining for refund is actually 161 million USD, this will make China Fish cash rich for other exploration.
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JMS213
Senior |
15-Jul-2014 17:34
Yells: "Just living is not enough. One must have sunshine, freedom !" |
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When we talk about Equilibrium we are referring to the trend. Will be patience and enjoy ... ikan belis or juvenile fish is no good. Go for the Sailfish more exciting .... take it ez |
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Isolator
Supreme |
15-Jul-2014 17:20
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My crystal ball never lie.... Believe me.... Enjoy... | ||||
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Braveheart
Member |
15-Jul-2014 16:59
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Anyway, I sold all my 80 lots yesterday and take a rest for this counter. |
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JMS213
Senior |
15-Jul-2014 15:19
Yells: "Just living is not enough. One must have sunshine, freedom !" |
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The BB is making some adjustment. Get ready for the next wave. You should thank Isolator, because of the cystal ball theBB already dropped 70% Equilibrium is positive
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Isolator
Supreme |
15-Jul-2014 14:53
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Never change... See some red head come up to post.... See green hide head under soil..... So funny aunty... See her post.... Sure Charge up .... Lol
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Bigmama
Elite |
15-Jul-2014 13:18
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Oh yes .... Agree but not this year.
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RoundRound
Elite |
15-Jul-2014 11:35
Yells: "Tikam Tikam can also" |
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Yesterday this Fish so active with share price jumping 1.5c. Today half a trading day almost over yet not even 1 lot of share is transacted. | ||||
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stockpicker
Master |
15-Jul-2014 11:29
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yesterday was the 2nd wave, first wave was in June. It is a re-visit if it cannot take off this time, the result may be just ugly...the 3rd qrt result is early August..
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Leongsan
Senior |
15-Jul-2014 09:55
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Hang on mama. Under the right conditions 70cents not a problem. But not now,
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JMS213
Senior |
15-Jul-2014 09:49
Yells: "Just living is not enough. One must have sunshine, freedom !" |
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The article posted by Stockpicker is a general news. Yesterday is the first wave, the next wave is coming and the next. Make no mistake about it. You sounded a bit scare, nervous .... cos you did not see it coming Relax and enjoy ... not everything is through technical analysis, also you can provide the aftermath of yesterday after it already happened. Will it happen again ..... just wait and see
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Bigmama
Elite |
15-Jul-2014 09:20
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Ha ha .....another bullshit TP. If reach, I quit sharejunction.
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stockpicker
Master |
15-Jul-2014 08:18
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Small retailers not stupid... 
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stockpicker
Master |
15-Jul-2014 07:48
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There is some activities yesterday. Lets hope it is not pump and dump which usually happen in counters with little float and having bad news the opposite is true when there are good news, counters with little float will see price dump first to panic the small retailers while the BBs accumulate. However, small retailers are learning smart nowadays, seen many of them selling these few days in CF. |
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Isolator
Supreme |
15-Jul-2014 06:53
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Actually new tp...... At least 70ct.... Enjoy... | ||||
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Isolator
Supreme |
15-Jul-2014 06:36
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Is time to charge up above 50ct.... Enjoy... | ||||
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stockpicker
Master |
15-Jul-2014 05:49
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3rd mini ban this month.. +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Peruvian anchovy fleet faces new 5-day mini-ban July 11, 2014, 5:11 pm
Peru&rsquo s Ministry of Production (Produce) has established a new temporary anchovy fisheries closures, due to a high presence of juveniles.
For July 10-14, Produce has established a mini-ban on anchovy catches off the coast of Chimbote, in the Ancash region. Anchovy vessels cannot catch from the area located between 10° 00&prime to 10° 30&prime latitude south, within 30 miles of the shore. In the first week of July, Produce also established three temporary anchovy fisheries closures, linked to the presence of juveniles. Other mini-bans due to high presence of juveniles were also established back in May. On top of temporary closures, Peruvian anchovy players have seen how catches have been hit due to abnormally high temperatures linked to upcoming El Nino. As of July 9, catches volumes reached just 55% of the total quota of 2.53 million metric tons with less than a month left to the end of the first anchovy season. http://www.undercurrentnews.com/2014/07/11/peruvian-anchovy-fleet-faces-new-5-day-mini-ban/ |
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