Cordlife    Last:0.124   -

Cordlife gave life a new life s.

Today up 4.5 cents for no reason?

MrSubarashii      ( Date: 20-Nov-2014 04:53) Posted: OSK DMG Cordlifes(CLGL SP) 1QFY15 (Jun) core profit of SGD1.7m made up 13% of our estimate. Maintain BUY with a lower DCF-based TP of SGD1.30 (51% upside). While revenue increased on a rise in client deliveries, higher marketing expense to boost long-termgrowth in India dragged profits lower. We remain positive on its long -term growth story and believe the stock offers significant upside given its 32% drop since August. We reduce our 2015-16 EPS by 15-17% to reflect lower royalty income.

 

 

To test $1 again?
Vested again! :)

 

hope it get to ipo price

 

Thought support 87c. else below 70c. Crucial is whether it bounce back up today to at least 87c.if not, very jialat

(not vested)

 

 

Support at 80c. Else may test 60c in coming weeks. Avoid for time being..

 

I will still ook at $1.00 first :)

 

UOBKH

Cordlife (CLGL SP, P8A)
Technical BUY with 13.3% potential returns
Last price: S$0.935
Target price: S$1.06
Protective stop: S$0.86
BUY with a target price of S$1.06 with
protective stops placed at S$0.86. The stock
may stage a technical rebound after it has
retraced towards the previous consolidation
region formed in Jun 13, which could be acting
as support. Watch the stock to see if it could
move above the lower Bollinger band to head
towards the middle Bollinger band, while the
14-day Stochastics indicator may move out of
the oversold region after forming a bullish
crossover.

 

Why would  global funds such as  FIL  invest in a china company through Cordlife when they can  easily do it by themselves?  Cordlife CEO has probably lost  goodwill when he pushed thru  his decision. Wait for FIL to sell down.

 

Holding very well..

Not much sellers,

BB come in to push to $1.00 very soon.

 

 

Maintain 1.00....

 

Lol!!

think2profit      ( Date: 05-Nov-2014 19:52) Posted: Sound like betting rather than a sound biz decision. CEO now looks like a gambler blinded by his ego to me! I avoid.  lifeisgood      ( Date: 04-Nov-2014 11:03) Posted: Some more , Cordlife CEO very ya ya, talked very fierce when people criticised why he so dumb assed buys chinese convertible bonds. Dont know how to die is it? Not vested. Just want to see how he gets out of it.

 

Sound like betting rather than a sound biz decision. CEO now looks like a gambler blinded by his ego to me! I avoid. 

lifeisgood      ( Date: 04-Nov-2014 11:03) Posted: Some more , Cordlife CEO very ya ya, talked very fierce when people criticised why he so dumb assed buys chinese convertible bonds. Dont know how to die is it? Not vested. Just want to see how he gets out of it. misschin      ( Date: 04-Nov-2014 10:57) Posted: This shows how dangerous it is to enter into the Chinese market. It' s like a minefield and one wrong step can blow you up. I feel sorry for the company if the deal is as risky as what AMFraser has suggested.

 

Close at .935 ...$1.00 coming
!

 

Corlife strong reversal to $1.00 ?

Watch

 

Gosh...good thing did not vest here at all.... dreadful.hope holders are ok.

FaceTheFact      ( Date: 04-Nov-2014 15:57) Posted: For a small company, to buy USD44mil in convertable bonds of a chinese company is a HUGE amount of money!! And another USD46.5mil to be vested on the same Convertible Bond issue! Why is there a need to rush, rather than subject to shareholders meeting, etc? Where is the transparency required of a public listed company? I quote part of the report below... " ...CGL had hoped to avoid this EGM initially  by treating this whole deal as two distinct deals (deal sizes less than 20% of market cap need not go through an EGM).  However, SGX ruled that the two deals must be treated as one  and thus required CGL to hold an EGM. While the EGM will be held only on 5 Nov, the company had since issued $120m of debt. Prior to the announcement of the CB deal, the house had not observed any need for such high level of financing for its ongoing ops, especially since the private share placement in October last year, which raised $33.5m...."   lifeisgood      ( Date: 04-Nov-2014 11:03) Posted: Some more , Cordlife CEO very ya ya, talked very fierce when people criticised why he so dumb assed buys chinese convertible bonds. Dont know how to die is it? Not vested. Just want to see how he gets out of it.

 

Can it be left hand - right hand? Just speculating.

FaceTheFact      ( Date: 04-Nov-2014 15:57) Posted: For a small company, to buy USD44mil in convertable bonds of a chinese company is a HUGE amount of money!! And another USD46.5mil to be vested on the same Convertible Bond issue! Why is there a need to rush, rather than subject to shareholders meeting, etc? Where is the transparency required of a public listed company? I quote part of the report below... " ...CGL had hoped to avoid this EGM initially  by treating this whole deal as two distinct deals (deal sizes less than 20% of market cap need not go through an EGM).  However, SGX ruled that the two deals must be treated as one  and thus required CGL to hold an EGM. While the EGM will be held only on 5 Nov, the company had since issued $120m of debt. Prior to the announcement of the CB deal, the house had not observed any need for such high level of financing for its ongoing ops, especially since the private share placement in October last year, which raised $33.5m...."   lifeisgood      ( Date: 04-Nov-2014 11:03) Posted: Some more , Cordlife CEO very ya ya, talked very fierce when people criticised why he so dumb assed buys chinese convertible bonds. Dont know how to die is it? Not vested. Just want to see how he gets out of it.

 

For a small company, to buy USD44mil in convertable bonds of a chinese company is a HUGE amount of money!! And another USD46.5mil to be vested on the same Convertible Bond issue! Why is there a need to rush, rather than subject to shareholders meeting, etc? Where is the transparency required of a public listed company? I quote part of the report below...

" ...CGL had hoped to avoid this EGM initially  by treating this whole deal as two distinct deals (deal sizes less than 20% of market cap need not go through an EGM).  However, SGX ruled that the two deals must be treated as one  and thus required CGL to hold an EGM. While the EGM will be held only on 5 Nov, the company had since issued $120m of debt. Prior to the announcement of the CB deal, the house had not observed any need for such high level of financing for its ongoing ops, especially since the private share placement in October last year, which raised $33.5m...."  

lifeisgood      ( Date: 04-Nov-2014 11:03) Posted: Some more , Cordlife CEO very ya ya, talked very fierce when people criticised why he so dumb assed buys chinese convertible bonds. Dont know how to die is it? Not vested. Just want to see how he gets out of it. misschin      ( Date: 04-Nov-2014 10:57) Posted: This shows how dangerous it is to enter into the Chinese market. It' s like a minefield and one wrong step can blow you up. I feel sorry for the company if the deal is as risky as what AMFraser has suggested.

 

Now is black out period for most the stock....so pennies can easily pump up....enjoy the ride...lol

RoundRound      ( Date: 04-Nov-2014 11:25) Posted: Recent days lots of analysts favourite stocks tank. Osim, Super Group and also Cordlife now. Ended up sub-penny and penny counters in favour over these higher priced stocks

 

The stock players are telling SGX that eventually all our stocks will become penny stocks. So if SGX don't like penny stocks, then it should close down the exchange.

RoundRound      ( Date: 04-Nov-2014 11:25) Posted: Recent days lots of analysts favourite stocks tank. Osim, Super Group and also Cordlife now. Ended up sub-penny and penny counters in favour over these higher priced stocks