Aspial

[Fairvalue]

how to contact the company, if interested to go for factory tour... seems like e-mail company no reply leh, anyone any idea [/size]

[CityFarmer]

how to contact the company, if interested to go for factory tour... seems like e-mail company no reply leh, anyone any idea [/size]

Buy the company share, wait till AGM, and ask for it during the AGM.

[safetyfirst]

how to contact the company, if interested to go for factory tour... seems like e-mail company no reply leh, anyone any idea [/size]

dont bother to go on tour la... i think i more or less get their business model... ensure shares trade at high premium, buy land/properties, go to banks for loan and leverage up, when times are good, do a share placement, there will always be brokerages queueing up to help them sell shares... now i have saved you precious time in going for this field trip

[Fairvalue]

thanks, CityFarmer

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thanks, Safetyfirst! well, i just wonder if anyone has gone for its factory tour b4..

[Behappyalways]

Aspial should request to convert to Catalist.......Then it can carry on issuing bonus like Maxi-cash ^^

just joking ^^

[safetyfirst]

Aspial should request to convert to Catalist.......Then it can carry on issuing bonus like Maxi-cash ^^

just joking ^^

haha i think that's a good idea. Then again, sgx may implement a similar rule for Catalist.

[Behappyalways]

Boss spent $5.2m buying today...amazing....

http://infopub.sgx.com/FileOpen/FORM1_13...eID=252375

[andrefre]

Getting very very concerned about where this company is heading.

Seems to like CEO is doing everything that he can to prop the share price up, including gimmicks such as stock splits, bonuses, as well as buying back a ton of stock on results release day to create the illusion of strong earnings.

Yes, earnings are strong, but it has long been anticipated by the market. Trying to artificially prop up the share price and generate interest is a losing proposition. (If he genuinely wanted to just accumulate stock, he could have slowly bought in over a period of a few weeks. There is no reason IMO to load up all on one day. The only reason is to generate interest in the stock.)

Also, what is the point of declaring big dividends, then going out to raise money from investors??

Long term, I'm concerned that the counter is over-leveraged, with no real investor interest at this price.

I'm also concerned that CEO's stock is used as a collateral for property loans, company loans, or as some sort of guarantee, and he has a need to maintain the stock price.

Vested.

[Behappyalways]

quite true.

The stock is overvalued compared to others....but this stock is illiquid and if I am not wrong, they owned about 80%++ so easy for them to 'control' it. But anyway it might be a good time to sell......

vested

Getting very very concerned about where this company is heading.

Seems to like CEO is doing everything that he can to prop the share price up, including gimmicks such as stock splits, bonuses, as well as buying back a ton of stock on results release day to create the illusion of strong earnings.

Yes, earnings are strong, but it has long been anticipated by the market. Trying to artificially prop up the share price and generate interest is a losing proposition. (If he genuinely wanted to just accumulate stock, he could have slowly bought in over a period of a few weeks. There is no reason IMO to load up all on one day. The only reason is to generate interest in the stock.)

Also, what is the point of declaring big dividends, then going out to raise money from investors??

Long term, I'm concerned that the counter is over-leveraged, with no real investor interest at this price.

I'm also concerned that CEO's stock is used as a collateral for property loans, company loans, or as some sort of guarantee, and he has a need to maintain the stock price.

Vested.

[greengiraffe]

Tallest tower faces aviation test
GINA RUSHTON THE AUSTRALIAN MARCH 08, 2014 12:00AM

Reaching for the sky.Reaching for the sky. Source: TheAustralian < PrevNext >
••
THE fate of what could be Australia’s tallest apartment tower may lie in the hands of Deputy Prime Minister Warren Truss as he weighs up the merits of a proposal for a 90-storey building in the heart of Parramatta.

The plans for a 336m residential tower may run up against tough federal aviation safety guidelines, which last year crimped plans for a 388m tower on Melbourne’s Southbank.

The Melbourne tower, known as Australia 108, will still be that city’s tallest residential building at 312m, but Parramatta City Council is not backing away from plans for what it claims would be the tallest residential tower in the southern hemisphere. The Lord Mayor of Parramatta, John Chedid, will present plans to Mr Truss, who is the Minister for Infrastructure and Regional Development, for the 700-apartment and 150-hotel-room tower called Aspire Tower.

“I’ll be meeting with the minister over the next few weeks because we have to make sure we clear whatever flight risk there is if they ever need to redirect the flight path over the Parramatta CBD. Currently we can build up to 80 levels but our aim is to get this thing up to 90,” Mr Chedid told The Australian.

Meanwhile, the Chinese state-owned developer Greenland might beat Parramatta to the punch with lofty plans for a $600m 252m residential development while, nearby, billionaire Harry Triguboff’s Meriton Apartments carries on construction for its 53-level Altitude Apartments.

Plans by Crown and Lend Lease at Barangaroo are also threatening to steal the title of Sydney’s tallest apartment building from the existing title holder, Mr Triguboff’s Meriton World Tower, which hovers at a lofty 230m.

Mr Triguboff said buildings were creeping higher purely because zoning laws now allowed taller developments.

“You can make a much more beautiful building, lean and tall - that’s the new way that we build,” he said. “It creates a lot of air around the building so that people can see out and not be disturbed by the building next door. That’s the reason why we do it.”

Developers across the country are pushing ahead with plans for tall towers. Singapore’s Aspial Corporation has plans for a luxury tower that would see it overtake Grocon’s 297m Eureka Tower as Melbourne’s tallest residential building.

Last week, Perth apartment developer Finbar unveiled plans for a $220m residential development that would see an ex-ABC building in East Perth transformed into WA’s tallest apartment building.

In Queensland, Meriton is forging ahead with plans for a $400m tower called Sundale at its Brighton on Broadwater development at Southport but it won’t challenge Australia’s tallest existing apartment building - Sunland’s Q1 Tower - which will continue to dominate the Gold Coast’s skyline.