China Everbright (formerly: HanKore Environmental Tech Group)

[CityFarmer]

Picking-up more at 9 cents. I am too slow to pick-up at lower price.

I might be catching a falling knife...

(vested)

Hi cityfarmer, may I ask why did you average down on Hankore at this juncture? In post #23, you felt that Hankore without CEI's water assets is not appealing at all. I do not think the possibility of RTO going through is higher than before 30 Apr.

Ops, let me recap from post #23

"Hankore without CEI, is not appealing at all. At the current price, the upside already priced-in. So I will give it a miss as special situation investment for the moment. Pending further update, valuation might change, and I will reconsider then."

I meant Hankore is not appealing as "long term grow" stock, but a special situation play. The valuation (price) changed from above 12 cents then, to below 9 cents last Friday, thus I have reconsidered.

The IV of Hankore without CEI, is above the purchased prices, after factored in the recent acquisition, while the upside is still around.

I agreed with OSK/DMG report, "there is strong incentive for both sides to seal the deal".

Well, as usual, YMMV. I might be wrong. I just stick to my story and choose to believe to myself.

(vested)