ValueBuddies.com : Value Investing Forum - Singapore, Hong Kong, U.S. › ValueBuddies.com › Singapore Listed Companies › C - C v
China Minzhong Food Corporation

China Minzhong Food Corporation

Thread Rating:
  • 1 Vote(s) - 5 Average
  • 1
  • 2
  • 3
  • 4
  • 5
minimax Offline
Banned
Posts: 79
Threads: 3
Joined: Aug 2013
#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.
Find
Reply
DP28 Offline
Member
***
Posts: 162
Threads: 1
Joined: Jul 2013
Reputation: 3
#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.
Find
Reply
sgd Offline
Posting Freak
*****
Posts: 1,446
Threads: 81
Joined: Oct 2010
Reputation: 12
#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
Find
Reply
minimax Offline
Banned
Posts: 79
Threads: 3
Joined: Aug 2013
#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.
Find
Reply
CityFarmer Offline
Moderator
*****
Posts: 9,841
Threads: 711
Joined: Mar 2012
Reputation: 64
#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
Find
Reply
KopiKat Offline
Tikam Buddy
*****
Posts: 1,889
Threads: 5
Joined: Feb 2011
Reputation: 15
#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 ------------
Find
Reply
DP28 Offline
Member
***
Posts: 162
Threads: 1
Joined: Jul 2013
Reputation: 3
#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.
Find
Reply
Vseeker Offline
Member
***
Posts: 156
Threads: 3
Joined: Jan 2011
Reputation: 8
#608
02-09-2013, 03:15 PM
"BigBoys Funds United" out to squash pesky vermin
Find
Reply
WolfT Offline
Member
***
Posts: 377
Threads: 0
Joined: Apr 2011
Reputation: 6
#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.
Find
Reply
felixleong Offline
Banned
Posts: 1,039
Threads: 14
Joined: Dec 2012
#610
02-09-2013, 03:53 PM
wow short sellers are so dead this time, up 100%++
Find
Reply


Forum Jump:


Users browsing this thread: 12 Guest(s)