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China Everbright
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China Everbright
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easywin
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25-Apr-2019 09:45
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many crocodiles are open theirs mouth waiting there.
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Berani
Elite |
25-Apr-2019 09:32
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hope can get 0.45
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easywin
Supreme |
25-Apr-2019 09:23
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Today will be another wonderful day, any sell down just GRAB it. | ||||
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lailai
Elite |
25-Apr-2019 08:46
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Yes, kongsi' s performance has continually been very good, at least for the last 5 years, eps ranging from 2.5 to 4.46cts, with the latest being 4.46. Just sharing opinion, not asking others to trade. ![]()
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Berani
Elite |
25-Apr-2019 08:27
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i notice that... when stock run up... sure you come out and ka cau. u really can' t see ppl make money is it
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SgYuan
Supreme |
25-Apr-2019 08:23
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ew w0 29 w1 38 w2 34 w3?49 w4? w5?
w1 9 w2 4 w3 15 tgt 49 up 161.8% - px hit 50 delta 16 up 177% - power w3 see how high it goes before uturn w4 6 tgt 46 dn 38.2% w5 9 tgt 55 up 100% |
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SAVIORFOREVER
Supreme |
25-Apr-2019 08:22
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Better look at company's performance before you start counting chickens.
Trade with awareness
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lailai
Elite |
25-Apr-2019 07:50
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Quite obviously there was great demand for this counter, likely by savvy BBs, broking houses and maybe cfd shorties desperate to cover. Ytd went up 25%, high volume, will not be surprised if counter cont to climb in high volume to 60-65c b4 offer price fixed next mon. Not forgetting, CEWL was heavily traded in ' 14 and ' 15s in the range of 80c to $1.50, and might return there again. ![]() Think this counter was terribly manipulated to cause it to fall to such low level as 30c ard last dec/jan. Genuine investors got no choice but to shun it for a long long time.  If not for the avenue of transferring to SEHK, counter will still remain neglected in sgx. Something' s terribly wrong with how our regulator runs the market, imo, sad to say, but what to do. ![]()
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fruitfulness
Veteran |
24-Apr-2019 22:57
Yells: "May the Lord God establish the works of my hands!" |
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Thanks for the reminder! Definitely worth the while for me to accept scrip dividends.  Will sell the equivalent amt of the scrip dividend shares first (price being set of 36.5 cents per share), opt for scrip dividend and wait for the dividend scrip shares to replenish. At the current 49 cts share price, I' ll have an arbitrage net gain of $1600!!!
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Observers
Elite |
24-Apr-2019 20:06
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Looks like the script dividend will see a near 100% takeup? | ||||
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fruitfulness
Veteran |
24-Apr-2019 18:50
Yells: "May the Lord God establish the works of my hands!" |
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With only about 103 million shares added, there will be negligible EPS dilution. I think there is room for further upside the next two days, given the forward PE is still less than 10 (5.4 Singapore cents being the conservative next FY forecast earning per share).  Believe share price should hit 55 cents soon!  Those already huat become super huat ah! 
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SmallSmall
Supreme |
24-Apr-2019 18:11
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I don' t think they will sell and take profit because this is more or less a state owned company and the shares offered are new shares and not vendor shares. And they have not sold a single shares since day one when they RTO into this company.
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Azure1984
Member |
24-Apr-2019 17:01
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I am waiting for next Monday announcement for their IPO price. Given the super small trench (around 100 mil shares) with 90% for international investor, I think this IPO should more or less be all snap up. Only thing is how high a price the international folks are willing to provide. Nevertheless, given the high indicative price of  $0.51 to $0.74, I cannot help but feel the management are encouraging people to buy the share here and port them over to HKSE, where likely, they will sell and profit once it began trading. It kinds of remind me of Sound Global many years back, they second list on HKSE and 1 year later, delist from SGX. I wonder..... are the management thinking of the same route? Given the small float after transferring of shares, it should not cost them much if they want to delist.......
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SmallSmall
Supreme |
24-Apr-2019 16:44
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How to fix IPO price between $0.51 to $0.74 when it is trading below that range here? I believe it is based on book building right? Why would an investor indicate a higher price when it is trading lower here? It would appear therefore that if the company wants a higher price range for its IPO price, the price here which would be taken as a bnech mark has to be higher to attract a higher bid. Just trying to figure out if they can really influence the price here to be fixed at the higher range. And the window to do it would be now till 29th April? Correct my logic if it is wrong.   |
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Berani
Elite |
24-Apr-2019 16:42
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a lot of ppl took profit.
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kye_lin
Master |
24-Apr-2019 16:22
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Target price?? 55 cents? 60 cents?   |
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easywin
Supreme |
24-Apr-2019 16:18
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Tomorrow still more to go. as not many willing to sell down.
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Berani
Elite |
24-Apr-2019 16:15
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touched
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easywin
Supreme |
24-Apr-2019 16:08
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Just a nose away.
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easywin
Supreme |
24-Apr-2019 15:35
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I think quite high chances.
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