Far East Orchard Limited aka Orchard Parade Holding
15-10-2012, 03:55 PM
I think you're right. This had happened before to many counters that distribute and push the distributed shares up. It will trap lots of sharehldrs into buying more FEO chasing to avg up for higher gain. Not much buying conviction but because there are few sellers selling down, the push up will be very fierce... how high it will go before reality re-set will depend on the broking house now!
15-10-2012, 11:27 PM
$3 and above is coming! FEOrchard is now super cash rich and a different animal. A re rating is in order.
16-10-2012, 09:16 AM
This game is simply using the YHS as the proxy to push up FEOrchard.
The BB probably bought lots of FEOrchard, which is much more liquid, before hand. Then they spent some money to jack up YHS which is not difficult. The game will be over when FEOrchard is being distributed.
be mindful that there are really NO One in this world waiting to stuff monies into your pockets,
When something is too stretched, or sound too good to be true, be sensible and dun get carried away by greeds esp. when longtime illiquid counters suddenly come alive, if you do NOT already have them, it's usually better to give it a miss. While there are lots of well-intention & helpful forumers around, and indeed majority are such, but there are also some very active "no good ones", who are superf at mixing facts with half-truths, making anything they said sound perfectly credible. and the counters they shouted, their prices often does move! coz they are "in play" or sometimes being distributed (read the monkey business below). ==> well, its alright to join them at their games, so long as you are aware that you are only gambling, for they control, or at least they know far ahead of you, when the music will STOP playing for these counters... BUT you dun... and so more likely than NOT - you gonna be the one left holding the babies. Always got new people to "con"... so the old Monkey Business always here to stay ======================================================= "Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for $10 each. The villagers seeing that there were many monkeys around, went out to the forest and started catching them. The man bought thousands at $10 and, as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy monkeys at $20 each. This renewed the efforts of the villagers and they started catching monkeys again. Soon the supply diminished even further and people started going back to their farms. The offer increased to $25 each and the supply of monkeys became so scarce it was an effort to even find a monkey, let alone catch it! The man now announced that he would buy monkeys at $50 each! However, since he had to go to the city on some business, his assistant would now buy on behalf of him. In the absence of the man, the assistant told the villagers. "Look at all these monkeys in the big cage that the man has already collected. I will sell them to you at $35 and when the man returns from the city, you can sell them to him for $50 each." The villagers rounded up with all their savings and bought all the monkeys. Then they never saw the man nor his assistant again, only lots and lots of monkeys jumping around ! Now you have a better understanding of how stock market OPERATORs work."
http://info.sgx.com/webcoranncatth.nsf/V...10041F098/$file/Announcement_Q32012.pdf?openelement
NAV $2.9050 Net cash per shares $1.10 Dividend in Specie of YHS - 3 December 2012 Special Dividend of 12 cents will be paid on or about and 8 January 2013 Vested
10-11-2012, 12:54 AM
In the past, Ming Court Hotel was more than $5. Now its only a $2.60 and people are saying its over valued?
10-11-2012, 11:48 AM
is it a good idean to accept the dividends in scrips?
10-11-2012, 01:25 PM
10-11-2012, 05:19 PM
|
|
« Next Oldest | Next Newest »
|
Homepage
PR Newswire
