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wow if become raffless medical thats become $1 :D
alexchew ( Date: 20-Jul-2017 16:46) Posted:
| lol... just coming back to reality. How much is TMC worth, do anyone knows? Well, peter getting 7.5cents already at a hefty premium. Now at 0.17, wooo.... Just compare the whole TMC to raffles medical group, if it is even comparable.... |
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shortist coming in...
profit taking..
tomorrow is friday....
congrats to winners .
Can tell, but all the best bro!
Demostation ( Date: 20-Jul-2017 16:43) Posted:
Yes. Alot of anxiety actually.
ahhuat08 ( Date: 20-Jul-2017 16:42) Posted:
U shorted from 188 to 193 again and add to ur existing 540 lots. ?
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lol... just coming back to reality. How much is TMC worth, do anyone knows? Well, peter getting 7.5cents already at a hefty premium. Now at 0.17, wooo.... Just compare the whole TMC to raffles medical group, if it is even comparable....
I hope you win.
Cos I don't really like this kind of manipulation.
Pump and dump.
Demostation ( Date: 20-Jul-2017 16:43) Posted:
Yes. Alot of anxiety actually.
ahhuat08 ( Date: 20-Jul-2017 16:42) Posted:
U shorted from 188 to 193 again and add to ur existing 540 lots. ?
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Look like selling down pretty heavy now! Sai Nek Na Kong Cup!
ahhuat08 ( Date: 20-Jul-2017 16:42) Posted:
U shorted from 188 to 193 again and add to ur existing 540 lots. ?
Demostation ( Date: 20-Jul-2017 16:39) Posted:
| Below my average short already. Lol. |
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What happened?
Yes. Alot of anxiety actually.
ahhuat08 ( Date: 20-Jul-2017 16:42) Posted:
U shorted from 188 to 193 again and add to ur existing 540 lots. ?
Demostation ( Date: 20-Jul-2017 16:39) Posted:
| Below my average short already. Lol. |
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U shorted from 188 to 193 again and add to ur existing 540 lots. ?
Demostation ( Date: 20-Jul-2017 16:39) Posted:
| Below my average short already. Lol. |
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Next Support 1hr mid 15.4
SgYuan ( Date: 20-Jul-2017 16:37) Posted:
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wanted to jeep at 18.6. Never. See it chiong up 19.5, Sian. Next thing i know, 17. Wah lao eh.
Wow!! It is like playing snakes and ladder game. Now kenna the snake and slide down so fast.
Congrats
Demostation ( Date: 20-Jul-2017 16:39) Posted:
| Below my average short already. Lol. |
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Sorry everyone. My poor eyesight is costly. ST was talking abt
share base, not share price. The TP is pretty much up in the air, nobody knows...
xtraderx ( Date: 20-Jul-2017 15:14) Posted:
37.5c would make this a 30b company. Of course nothing is impossible but this comes pretty close to that.
This is way overvalued but remember that peter lim will own ~90% of the company after the deal is completed, existing free float is only about 1b shares now, it will amount to less than 4% of total shares after the deal, BBs can easily buy up everything and bankrupt kateks.
dingbat ( Date: 20-Jul-2017 14:53) Posted:
" It will fund the purchase by issuing Mr Lim new shares at 7.5 cents each. Rowsley' s share base will balloon to five times what it is now."
Why everybody' s TP so different huh? ST estimate is abt 37.5 cents |
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Below my average short already. Lol.
Short down
the selldown begins
No problem.
timothylim890 ( Date: 20-Jul-2017 16:28) Posted:
Well that clears things up. Now I feel stupid. Thanks for clarifying!
xtraderx ( Date: 20-Jul-2017 16:23) Posted:
Eng hock joseph lim is the name of Peter Lim' s investment vehicle, he owns rowsley thru it.
I think the warrants are there to help the company raise cash, peter lim owns most of the company so he will have to stump most of the cash if this trades above 9c, I think thats the appeal |
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Well that clears things up. Now I feel stupid. Thanks for clarifying!
xtraderx ( Date: 20-Jul-2017 16:23) Posted:
Eng hock joseph lim is the name of Peter Lim' s investment vehicle, he owns rowsley thru it.
I think the warrants are there to help the company raise cash, peter lim owns most of the company so he will have to stump most of the cash if this trades above 9c, I think thats the appeal.
timothylim890 ( Date: 20-Jul-2017 16:05) Posted:
Yes of course, I' d missed out that option. He could find a handful of investors to swallow that 40% and still maintain control of Rowsley while pocketing $6b.
I have to say it' s a shrewd deal. I just have two questions:
1) What kind of deal did he have to cut with Joseph Lim (45% shareholder of Rowsley) to pull this off?
2) Why did Rowsley decide to issue 2 rounds of bonus warrants after issuing 25.3b shares to pay for TMC? Seems to be the only purpose is to transfer ownership from Joseph Lim to Peter Lim |
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Tomorrow is Friday, so many would be cautious to keep for tomorrow. Should come down a little.
