Cordlife    Last:0.124   -

Cordlife gave life a new life s.

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

 

And when a company so call " invests" money into another company, you dont know where the money went after that. Furthermore, it is into a Chinese company,  so questions abound.  

 

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.

 

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.

 

Just noticed Cordlife issued $120M notes at 4.9% due 2017. Wonder why they took on so much debt? The market are not very happy that' s why there is a huge discount! Just my opinion. Not vested.

 

Because Cordlife anyhow invests in Chinese companies, fully believing in  their financials?

 

 

what happened??

shortist cornering this darling counter.

crashed 7 cents.

 

 

 

 

Plenty to look forward to

1HFY6/14 core results within expectations, accounting for 40% of our full-year forecast.

Stronger traction expected in 2HFY6/14 as new products are rolled out across its newly expanded Asian platform.

Maintain BUY with TP of $1.42 based on SOTP. 

...

Maintain BUY

We expect stronger growth as Cordlife moves past digesting its newly-acquired entities and launches new products across its expanded platform in Asia. We roll over our valuation base year to FY6/15E and switch our valuation methodology from P/E to SOTP to factor in (1) the reclassification of CCBC from associate to investment and (2) higher net cash (SGD40m) following a placement in Oct 2013, thus arriving at a TP of SGD1.42 

...last:$1.185...

more 

 

Went up north but dipped today again! Are we seeing some exciting movement soon??

 

Cordlife - Coming back to Life?

 

Good stock... consolidating sideways for a while now.

Not vested.

 

any opinion why it drops after the news?

 

Cordlife Group Limited has acquired a further 11.89% interest in StemLife Berhad, an associated company of Cordlife which is listed on the ACE Market of Bursa Malaysia, for a cash payment of approximately RM17.66 million. Following the Additional Acquisition, Cordlife will hold approximately 31.81% of the issued and paid-up share capital in StemLife. The Consideration for the Additional Acquisition was satisfied by the Group fully in cash funded through a combination of borrowings and IPO proceeds. Prior to this, the Group announced on 4 October 2013 that it had completed the acquisition of an initial 19.92% interest in StemLife...

 

Tot this is a potential counter. Why is this dropping each day???

 

why?

ricourean      ( Date: 29-Oct-2013 09:42) Posted: Looks set to drop  to 1.08.

 

Looks set to drop  to 1.08.

 

Cordlife Enters JV with Golden Meditech Holdings

Cordlife Group Limited Thursday announced it signed a non-binding Memorandum of Understanding (MOU) with Golden Meditech Holdings Limited (Golden Meditech) in respect of a proposed joint venture in the Shanghai Free Trade Pilot Zone (JV).

Listed on the Main Board of the Hong Kong Stock Exchange, Golden Meditech is a leading integrated-healthcare enterprise in China that has established dominant positions in healthcare services and medical devices segments

The JV is proposed and contemplated with the purpose of engaging in the sales and

distribution of products and provision of services catering to the mother and child segment in the PRC so as to jointly expand and develop the business operations of both Cordlife and Golden Meditech. If proceeded, it is envisaged that the JV shall have an initial equity capital of US$6 million (being approximately S$7.5 million), which shall be contributed and held by Cordlife and Golden Meditech.

Cordlife Group Limited closed Thursday at S$1.21

 

It means doctor wanna play with your karchng!

psyren      ( Date: 11-Oct-2013 16:46) Posted: what does the pic imply? Peter_Pan      ( Date: 11-Oct-2013 12:28) Posted:

 

what does the pic imply?

Peter_Pan      ( Date: 11-Oct-2013 12:28) Posted: