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China Minzhong Food Corporation

China Minzhong Food Corporation

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minimax Offline
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#601
02-09-2013, 02:53 PM (This post was last modified: 02-09-2013, 02:55 PM by minimax.)
Congrats to Indofood for getting such a good deal !
I think the lesson from the CMZ saga is that don't ever look down on sole proprietorships because they could be the top customer of a listed company.
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DP28 Offline
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#602
02-09-2013, 02:55 PM
This gave me some confidence in Singapore bourse..
Congrats to those who kept faith and Good luck to those who still think S-chip is a no-no.
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sgd Offline
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#603
02-09-2013, 02:57 PM
they could still target indofood. We are in sept already, tapering? The tide is changing Market may turn bearish if there are further correction in the region that may embolden the shortsellers, we could see indofood under preassure later. Tongue
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minimax Offline
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#604
02-09-2013, 02:58 PM
(02-09-2013, 02:55 PM)DP28 Wrote: This gave me some confidence in Singapore bourse..
Congrats to those who kept faith and Good luck to those who still think S-chip is a no-no.

Question: What's the difference between S-chips and listed Singapore companies?

Ans: Most listed Singapore companies are legit while some S-chips are legit.
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CityFarmer Offline
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#605
02-09-2013, 03:00 PM
(02-09-2013, 02:48 PM)CityFarmer Wrote:
(02-09-2013, 02:40 PM)kbl Wrote: http://infopub.sgx.com/FileOpen/Offer_An...eID=254812

Game Over?

I am surprised by the offer price, $1.12

It means Glaucus's effort is in vain, or even in loses...

Short-sellers are covering their short, with $1.13, pending for a resume of trading...
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
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KopiKat Offline
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#606
02-09-2013, 03:01 PM
Lesson to be learnt : Don't mess around with those who have both money and power and the motivation to influence the outcome.... from both the cases of CMZ & Olam...Dodgy
Luck & Fortune Favours those who are Prepared & Decisive when Opportunity Knocks
------------ 知己知彼 ，百战不殆 ；不知彼 ，不知己 ，每战必殆 ------------
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DP28 Offline
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#607
02-09-2013, 03:05 PM
(02-09-2013, 02:58 PM)minimax Wrote:
(02-09-2013, 02:55 PM)DP28 Wrote: This gave me some confidence in Singapore bourse..
Congrats to those who kept faith and Good luck to those who still think S-chip is a no-no.

Question: What's the difference between S-chips and listed Singapore companies?

Ans: Most listed Singapore companies are legit while some S-chips are legit.

Most does not mean theres no bad apple in the healthy fruit basket, while you have some s-chip does not mean you cant find diamonds among stones. It all depends on your expectation and risk reward.
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Vseeker Offline
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#608
02-09-2013, 03:15 PM
"BigBoys Funds United" out to squash pesky vermin
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WolfT Offline
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#609
02-09-2013, 03:43 PM
look at all the short seller running for cover... Smile how many belongs to glaucus?
The thing about karma, It always comes around and bite you when you least expected.
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felixleong Offline
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#610
02-09-2013, 03:53 PM
wow short sellers are so dead this time, up 100%++
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