China's Bank of Communications soared more than 71 percent on its A-share stock listing Tuesday, untroubled by a 3.6 percent slump in the broader market as investors bought for quick gains.
Dealers said the heavy losses may have been sparked by BoComm's listing as investors would likely have sold off other shares to be able to buy into the mainland's fifth largest bank.
At a packed Press conf.. last Wed, media & anaysts were told of plans by puny S'pore-listed Rowsley to acquire China solar Energy by issusing $2.7bil worth of news Shares. But doubts persist.
Plan by Mr Peter Lim his own $$$ (value from 0.075c B4 the news, now worth 0.30c per unit) to pump in $150mil by subscribing to one billion new Rowsley shares (or slightly just above 5%) on Perfect Field as a Investor will definately diluted shares holder value and it come with lot of condition to release those $$$.
Well it's ur $. Ur decision. For some is T+3 to payup 2morro & for some is T+5, hope it goes back +0.30c
Ya!! more news is been dispat.....for everyone to read how a promises of $300mil in promises turn out to be a target of promise to investors and CHANGE itself another SembCrop with 5.7 billion worth. More hardwork is needed by DR Ma and oso from Mr Peter Lim himself knocking on more BBs door to say hello, not say, say oni to promises this and promises that, reminded me of CEnesave with more concrete pro profit to show.
M1 (for 1000 share). M1-10 (for 10 share) so far for day one saw some increases in trading activities, given some good news on Singtel and StarHub. M1 would be doing quite a good job.. It is still early day for M1 to cheongg.....TelComm business look bright...
Certainly Dr Ma is a man in a hurry to arrive at in three years, with S$150M to sustain till 2009, tink tink may not be enufff, so Hardworking Dr will have to knock on more BBs door to say hello, any BBs interest in my company, so far Rowsley has came out openly, vrey brave to support him lehh and so is small Bs
Headline News: Rowsley gives more details on $2.7B takeover to calm investors. Said It CEO. This $300M profit attainable, esp if a further target of 500MW of capacity is reach by FY2009 as planned and not in FY08 or FY09. Plan now on May 1-O/P about 10MW, of electricity, plan 2 to ramp up to 70MW by next mths (June and in July) and plan 3-100MW by Oct07.
So price should be also trading by ramping up to 70c by July and come Oct 2007. one dollar liao
Cheongg......Ahhhh..Rowsley . Me not vested yet, anyway today closed at 0.29c, vol 44,759,000mil share done. tested 31c high and low 285c