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CEDAR TUA HUAT
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alltimehigh
Member |
02-Sep-2013 22:14
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Don't be discourage, keep first and wait like ChinaMinzhong today, Huat Ah. I' m in the same boat like you buy at $0.009, I miss the boat at 0.015 when I came back noon that day and the price was never again at 0.015. |
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sharefbb05
Senior |
02-Sep-2013 14:02
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Last time I bought at $0.011 Now $0.006 Lose almost half I have no hope anymore |
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yummysukiyaki
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02-Sep-2013 13:48
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dekmelvie...Yes and thz | ||||
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sk6666
Master |
01-Sep-2013 13:33
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This Bro made a smart move. Don't know if he is still holding onto the bal 50%. But, I think all (if he still holding) were bot below 3-4 cts. If I am not wrong, he is (beside iso) the earlier batch who bot cedar under the old name. Maybe he would be a better person to give a insight of this stock. No sure if he wants to comment or not.
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dekmelvie
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31-Aug-2013 18:25
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Not sure. Just hang tight on this counter.
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Xiang90
Senior |
31-Aug-2013 13:16
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Rights @ book closure if I'm not wrong. Maybe 3month more?
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dekmelvie
Senior |
31-Aug-2013 11:30
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the date haven't mentioned.. just wait for the letter.. but @ price of .005 you can see the news on cedar. expecting to pump up to 1-2 ticks more. I am afraid wont go through to .011. caveat!
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terencee
Master |
31-Aug-2013 09:12
Yells: "I don't entertain trolls." |
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I'm stuck with quite an amount at 11. Would be looking to avg down whenever possible.
When will they be issuing the rights? |
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dekmelvie
Senior |
31-Aug-2013 01:15
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Just bought this baby @.007. I think it will go further up .009 the most. Yummy make sure u buy the right issue @ .005 then u can average it down. If you guys see that theres a huge selling @.006 u can try to que. then it will pump out again to .008-.009. Caveat! | ||||
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saviola8
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30-Aug-2013 21:45
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Yeah agree.. will try Q for 0.006 too and wait for chance. Looks gona wait quite a while.. | ||||
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yummysukiyaki
Veteran |
30-Aug-2013 19:21
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sk6666....Thz for the info | ||||
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sk6666
Master |
30-Aug-2013 14:39
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If they collect enuf of 0.006, maybe will hv hype action again. The last hype action was 6/7 days ago. Could take weeks based on chart history. Let's see. Just my thot.
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sk6666
Master |
30-Aug-2013 11:32
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Sweetie, each hype action or run is just to trap retail traders or investors, has been seen so far. big bulls passing calves to traders or investors. Unless, they come out with magnificent news again. Then, you can throw and run. Good luck. Just my thots. |
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yummysukiyaki
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30-Aug-2013 11:12
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sk6666.....Yes! I'm stuck with this one, bought at .010c, missed the boat when it was 0.115c mths ago while I was slumbering....Haha Do u think it will fly again? | ||||
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sk6666
Master |
29-Aug-2013 11:40
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Sweetie, hope you not jammed in here ...
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yummysukiyaki
Veteran |
29-Aug-2013 11:35
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Sorry...It looks like.... | ||||
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yummysukiyaki
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29-Aug-2013 11:34
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I looks like .005c is on its way .....stock market is diving further | ||||
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sk6666
Master |
26-Aug-2013 14:08
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So many news and own pple run first. If good news, pple will run or not? Pass on baby to retailers to fund ri_hts. Retailers no choice, thinking of good time to do avgg? Just my thot. | ||||
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terencee
Master |
26-Aug-2013 09:25
Yells: "I don't entertain trolls." |
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Following the entry into the RTO Agreement on 22 May 2013, the Company had conducted due diligence on Trechance and its subsidiaries (the ?Hua Cheng Group?). Having considered the due diligence findings and the current conditions of the PRC real estate market, the Vendor and the Company entered into further discussions where they concluded that certain conditions precedent under the RTO Agreement were unlikely to be fulfilled by the long-stop date of 22 November 2013. Accordingly, the Parties agreed to revisit the transaction structure and agreed that the Company shall acquire only certain assets in the Hua Cheng Group, being the Target Assets. For the avoidance of doubt, whilst the RTO Agreement and the Sale and Purchase Agreement both pertain to the entire share capital of Trechance, under the transaction structure constituted by the RTO Agreement it was envisaged that Trechance would own substantially and significantly more properties (the ?RTO Structure?) when compared to the amount of properties envisaged to be owned by Trechance under the transaction structure proposed to be constituted by the Sale and Purchase Agreement (the ?New Proposed Structure?). The properties to be included in the New Proposed Structure are the properties which the Board has assessed to be those that are of better value and development potential at this point (relative to the other properties under the RTO Structure which are not included in the New Proposed Structure). The Company may in future after further assessment, proceed to purchase the other properties under the RTO Structure which are not included in the New Proposed Structure. However, the Company will only do so if it has sufficient resources and such purchase enhances shareholders? value and falls within what management deems to be acceptable risk levels. The Company will make the relevant announcements if it decides to proceed with such purchase. Notwithstanding that the Target Assets were loss making for FY2012, the Board is of the view that the Proposed Acquisition is in the best interests of the Company as it represents an opportunity for the Company to expand its property business incrementally and diversify its portfolio internationally, as well as to supplement its revenue stream with additional income. In this regard, the Company expects Xiao Cheng Gu Shi, the main property in the portfolio of the Target Assets, to generate revenue for the Group after its expected completion in 2014 | ||||
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terencee
Master |
26-Aug-2013 09:22
Yells: "I don't entertain trolls." |
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(a) a deed of termination pursuant to which the Company and the Vendor have terminated the RTO Agreement (the ?Deed of Termination?) and (b) a sale and purchase agreement (the ?Sale and Purchase Agreement?) pursuant to which the Company shall acquire from the Vendor the entire issued and paid-up share capital of Trechance (the ?Proposed Acquisition?) for a consideration of RMB22,500,000 (the ?Consideration?), which is to be satisfied in full by the issue of (i) 128,576,982 new ordinary shares (the ?Consideration Shares?) at the issue price of S$0.007 for each Consideration Share to the Vendor (or its designated nominees as it may direct) and (ii) a S$3,600,000 in aggregate principal amount of 5% bond due 2015 (the ?Bond?) to the Vendor.
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