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CHINA STAR FOOD : RICH UNDERVALUED GEM Post Reply Rate topic
tofudidi Supreme	23-Aug-2022 16:47        tofudidi About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thank you bb for the coffee break again 👍
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tankoksee Supreme	23-Aug-2022 16:45        tankoksee About Contact  Quote this Post!
x 0   x 0  Alert Admin	a lot shorted 35/36... tankoksee      ( Date: 23-Aug-2022 15:03) Posted: shorties....... SmallSmall      ( Date: 23-Aug-2022 14:59) Posted: $0.037 no
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SmallSmall Supreme	23-Aug-2022 15:58        SmallSmall About Contact  Quote this Post!
x 0   x 0  Alert Admin	$0.04 here we come SmallSmall      ( Date: 23-Aug-2022 15:18) Posted: Shorts will scramble to buy back later. This one float not very big....
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SmallSmall Supreme	23-Aug-2022 15:18        SmallSmall About Contact  Quote this Post!
x 0   x 0  Alert Admin	Shorts will scramble to buy back later. This one float not very big....
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SmallSmall Supreme	23-Aug-2022 15:15        SmallSmall About Contact  Quote this Post!
x 0   x 0  Alert Admin	$0.039.... tankoksee      ( Date: 23-Aug-2022 15:13) Posted: 50 otw?? tankoksee      ( Date: 23-Aug-2022 15:03) Posted: shorties.......
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tankoksee Supreme	23-Aug-2022 15:13        tankoksee About Contact  Quote this Post!
x 0   x 0  Alert Admin	50 otw?? tankoksee      ( Date: 23-Aug-2022 15:03) Posted: shorties....... SmallSmall      ( Date: 23-Aug-2022 14:59) Posted: $0.037 no
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tankoksee Supreme	23-Aug-2022 15:03        tankoksee About Contact  Quote this Post!
x 0   x 0  Alert Admin	shorties....... SmallSmall      ( Date: 23-Aug-2022 14:59) Posted: $0.037 now eric998      ( Date: 23-Aug-2022 13:36) Posted: hope the management use the sale proceeds prudently  and make good investments as their revenue is not fantastic.. need to have a strong and steady income and revenue with good profits then investors will want to long the counter.. otherwise trading buy and sell.. those who got news earlier have already entered at 26-28.. anytime make good profits.. contras if cannot hold then T+3/4 stress again.. trade with care and HUAT..
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SmallSmall Supreme	23-Aug-2022 14:59        SmallSmall About Contact  Quote this Post!
x 0   x 0  Alert Admin	$0.037 now eric998      ( Date: 23-Aug-2022 13:36) Posted: hope the management use the sale proceeds prudently  and make good investments as their revenue is not fantastic.. need to have a strong and steady income and revenue with good profits then investors will want to long the counter.. otherwise trading buy and sell.. those who got news earlier have already entered at 26-28.. anytime make good profits.. contras if cannot hold then T+3/4 stress again.. trade with care and HUAT..  SmallSmall      ( Date: 23-Aug-2022 13:30) Posted: From the half yearly report released on 12 Aug 2022. Are there 1 or 2 disposals? The Company had on 7 April 2021 announced the strategic disposal of the Group&rsquo s 60% equity interest in MCT (&ldquo Proposed Disposal&rdquo ), and had on 28 April 2021, obtained Shareholders&rsquo approval for the Proposed Disposal at the extraordinary general meeting (" EGM" ) held on the same day. The Proposed Disposal is subject to certain conditions precedent, including having the shareholders of the remaining 40% equity interest in MCT to also sell their stakes to the purchaser As an update, the above condition precedent has yet to be fulfilled. As Shenyang Chemical Research Institute Co., is a PRC state-owned company and Shanghai Tangzhen Investment Development Group Co. Ltd is a company 100% owned by Tangzhen government, the regulations and procedures for them to dispose of the 40% equity interest in MCT are time-consuming especially under current China' s zero COVID-19 policy. Though both of them have given their consent for the disposal to the same buyer, they will need more time to go through the procedures. The Company estimates that it will take till end-2022 to complete the sale process. The buyer has agreed to further extend the Acquisition Agreement until 31 December 2022. The Company will provide appropriate updates in due course. The Company had on 23 February 2022, entered into a Sale & Purchase Agreement in relation to the proposed disposal of ACL. The proposed disposal of ACL was approved at an EGM held on the same day after our AGM on 29 April 2022. The buyer is preparing to remit the 1st payment of RMB34m (approximately S$7m) net of tax, which the Company expect to receive by end of August 2022. The Company expects the sale to complete before the end of 202
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eric998 Supreme	23-Aug-2022 13:36        eric998 About Contact  Quote this Post!
x 0   x 0  Alert Admin	hope the management use the sale proceeds prudently  and make good investments as their revenue is not fantastic.. need to have a strong and steady income and revenue with good profits then investors will want to long the counter.. otherwise trading buy and sell.. those who got news earlier have already entered at 26-28.. anytime make good profits.. contras if cannot hold then T+3/4 stress again.. trade with care and HUAT..  SmallSmall      ( Date: 23-Aug-2022 13:30) Posted: From the half yearly report released on 12 Aug 2022. Are there 1 or 2 disposals? The Company had on 7 April 2021 announced the strategic disposal of the Group&rsquo s 60% equity interest in MCT (&ldquo Proposed Disposal&rdquo ), and had on 28 April 2021, obtained Shareholders&rsquo approval for the Proposed Disposal at the extraordinary general meeting (" EGM" ) held on the same day. The Proposed Disposal is subject to certain conditions precedent, including having the shareholders of the remaining 40% equity interest in MCT to also sell their stakes to the purchaser As an update, the above condition precedent has yet to be fulfilled. As Shenyang Chemical Research Institute Co., is a PRC state-owned company and Shanghai Tangzhen Investment Development Group Co. Ltd is a company 100% owned by Tangzhen government, the regulations and procedures for them to dispose of the 40% equity interest in MCT are time-consuming especially under current China' s zero COVID-19 policy. Though both of them have given their consent for the disposal to the same buyer, they will need more time to go through the procedures. The Company estimates that it will take till end-2022 to complete the sale process. The buyer has agreed to further extend the Acquisition Agreement until 31 December 2022. The Company will provide appropriate updates in due course. The Company had on 23 February 2022, entered into a Sale & Purchase Agreement in relation to the proposed disposal of ACL. The proposed disposal of ACL was approved at an EGM held on the same day after our AGM on 29 April 2022. The buyer is preparing to remit the 1st payment of RMB34m (approximately S$7m) net of tax, which the Company expect to receive by end of August 2022. The Company expects the sale to complete before the end of 2022 SmallSmall      ( Date: 23-Aug-2022 13:24) Posted: Part of the cash has come in INTRODUCTION The Board of Directors (the &ldquo Board&rdquo ) of Matex International Limited (the &ldquo Company&rdquo ) refers to (a) the Company&rsquo s announcements dated 26 August 2021 and 23 February 2022 and (b) the circular to shareholders of the Company (&ldquo Shareholders&rdquo ) dated 7 April 2022, in relation to the proposed disposal (the &ldquo Proposed Disposal&rdquo ) by the Company of 100% of the registered share capital in Amly Chemicals Co., Ltd. (安 力 化 学 (泰 兴 )有 限 公 司 ) to the purchaser, Taixing Jinfu Chemistry Co., Ltd, (泰 兴 錦 富 化 学 有 限 公 司 ) (the &ldquo Purchaser&rdquo ) for a cash consideration of RMB50,000,000 pursuant to a sale and purchase agreement entered into between the Company and the Purchaser on 23 February 2022 (the &ldquo SPA&rdquo ). The Proposed Disposal was approved by Shareholders at the Extraordinary General Meeting of the Company held on 29 April 2022. 2. FIRST PAYMENT RECEIVED ON THE PROPOSED DISPOSAL The Board is pleased to announce that the Company has received the first payment of approximately RMB34 million (SGD7.2 million) on 17 August 2022 and the Purchaser is preparing the balance payments in accordance with the terms and conditions of the SPA
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SmallSmall Supreme	23-Aug-2022 13:30        SmallSmall About Contact  Quote this Post!
x 0   x 0  Alert Admin	From the half yearly report released on 12 Aug 2022. Are there 1 or 2 disposals? The Company had on 7 April 2021 announced the strategic disposal of the Group&rsquo s 60% equity interest in MCT (&ldquo Proposed Disposal&rdquo ), and had on 28 April 2021, obtained Shareholders&rsquo approval for the Proposed Disposal at the extraordinary general meeting (" EGM" ) held on the same day. The Proposed Disposal is subject to certain conditions precedent, including having the shareholders of the remaining 40% equity interest in MCT to also sell their stakes to the purchaser As an update, the above condition precedent has yet to be fulfilled. As Shenyang Chemical Research Institute Co., is a PRC state-owned company and Shanghai Tangzhen Investment Development Group Co. Ltd is a company 100% owned by Tangzhen government, the regulations and procedures for them to dispose of the 40% equity interest in MCT are time-consuming especially under current China' s zero COVID-19 policy. Though both of them have given their consent for the disposal to the same buyer, they will need more time to go through the procedures. The Company estimates that it will take till end-2022 to complete the sale process. The buyer has agreed to further extend the Acquisition Agreement until 31 December 2022. The Company will provide appropriate updates in due course. The Company had on 23 February 2022, entered into a Sale & Purchase Agreement in relation to the proposed disposal of ACL. The proposed disposal of ACL was approved at an EGM held on the same day after our AGM on 29 April 2022. The buyer is preparing to remit the 1st payment of RMB34m (approximately S$7m) net of tax, which the Company expect to receive by end of August 2022. The Company expects the sale to complete before the end of 2022 SmallSmall      ( Date: 23-Aug-2022 13:24) Posted: Part of the cash has come in INTRODUCTION The Board of Directors (the &ldquo Board&rdquo ) of Matex International Limited (the &ldquo Company&rdquo ) refers to (a) the Company&rsquo s announcements dated 26 August 2021 and 23 February 2022 and (b) the circular to shareholders of the Company (&ldquo Shareholders&rdquo ) dated 7 April 2022, in relation to the proposed disposal (the &ldquo Proposed Disposal&rdquo ) by the Company of 100% of the registered share capital in Amly Chemicals Co., Ltd. (安 力 化 学 (泰 兴 )有 限 公 司 ) to the purchaser, Taixing Jinfu Chemistry Co., Ltd, (泰 兴 錦 富 化 学 有 限 公 司 ) (the &ldquo Purchaser&rdquo ) for a cash consideration of RMB50,000,000 pursuant to a sale and purchase agreement entered into between the Company and the Purchaser on 23 February 2022 (the &ldquo SPA&rdquo ). The Proposed Disposal was approved by Shareholders at the Extraordinary General Meeting of the Company held on 29 April 2022. 2. FIRST PAYMENT RECEIVED ON THE PROPOSED DISPOSAL The Board is pleased to announce that the Company has received the first payment of approximately RMB34 million (SGD7.2 million) on 17 August 2022 and the Purchaser is preparing the balance payments in accordance with the terms and conditions of the SPA
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eric998 Supreme	23-Aug-2022 13:29        eric998 About Contact  Quote this Post!
x 0   x 0  Alert Admin	36 not easy to break up.. need big hands.. HUAT.. tofudidi      ( Date: 23-Aug-2022 09:50) Posted: kateks becareful! once break 37 we go 40...
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SmallSmall Supreme	23-Aug-2022 13:24        SmallSmall About Contact  Quote this Post!
x 0   x 0  Alert Admin	Part of the cash has come in INTRODUCTION The Board of Directors (the &ldquo Board&rdquo ) of Matex International Limited (the &ldquo Company&rdquo ) refers to (a) the Company&rsquo s announcements dated 26 August 2021 and 23 February 2022 and (b) the circular to shareholders of the Company (&ldquo Shareholders&rdquo ) dated 7 April 2022, in relation to the proposed disposal (the &ldquo Proposed Disposal&rdquo ) by the Company of 100% of the registered share capital in Amly Chemicals Co., Ltd. (安 力 化 学 (泰 兴 )有 限 公 司 ) to the purchaser, Taixing Jinfu Chemistry Co., Ltd, (泰 兴 錦 富 化 学 有 限 公 司 ) (the &ldquo Purchaser&rdquo ) for a cash consideration of RMB50,000,000 pursuant to a sale and purchase agreement entered into between the Company and the Purchaser on 23 February 2022 (the &ldquo SPA&rdquo ). The Proposed Disposal was approved by Shareholders at the Extraordinary General Meeting of the Company held on 29 April 2022. 2. FIRST PAYMENT RECEIVED ON THE PROPOSED DISPOSAL The Board is pleased to announce that the Company has received the first payment of approximately RMB34 million (SGD7.2 million) on 17 August 2022 and the Purchaser is preparing the balance payments in accordance with the terms and conditions of the SPA
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eric998 Supreme	23-Aug-2022 13:21        eric998 About Contact  Quote this Post!
x 0   x 0  Alert Admin	36 got some resistance.. hope BBs can clear it to 40.. thank you.. HUAT.. tankoksee      ( Date: 23-Aug-2022 10:55) Posted: SOP....BUY 25/26..TP 35 n above...
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tankoksee Supreme	23-Aug-2022 10:55        tankoksee About Contact  Quote this Post!
x 0   x 0  Alert Admin	SOP....BUY 25/26..TP 35 n above...
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redbull888 Veteran	23-Aug-2022 09:56        redbull888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	keeping some @ 36
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tofudidi Supreme	23-Aug-2022 09:50        tofudidi About Contact  Quote this Post!
x 0   x 0  Alert Admin	kateks becareful! once break 37 we go 40...
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SmallSmall Supreme	23-Aug-2022 09:50        SmallSmall About Contact  Quote this Post!
x 0   x 0  Alert Admin	This one looks like aiming for a big break out......Now $0.037 day high
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tofudidi Supreme	23-Aug-2022 09:31        tofudidi About Contact  Quote this Post!
x 0   x 0  Alert Admin	breaking 40.. swee swee  tofudidi      ( Date: 23-Aug-2022 09:22) Posted: Show start soon... lai lai bb huat huat! tofudidi      ( Date: 22-Aug-2022 15:51) Posted: Engine warming up for 2nd run. standby
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tofudidi Supreme	23-Aug-2022 09:22        tofudidi About Contact  Quote this Post!
x 0   x 0  Alert Admin	Show start soon... lai lai bb huat huat! tofudidi      ( Date: 22-Aug-2022 15:51) Posted: Engine warming up for 2nd run. standby
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tofudidi Supreme	22-Aug-2022 15:51        tofudidi About Contact  Quote this Post!
x 0   x 0  Alert Admin	Engine warming up for 2nd run. standby
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