Back

Latest Forum Topics / China New Town

Post Reply

China New Town Development Post Reply Rate topic
StephenTan Member	27-Jun-2008 22:46        StephenTan About Contact  Quote this Post!
x 0   x 0  Alert Admin	wah biang i receive the share investment booklet from phillip securities today, chinaNtown  loss so much money. Rank no2 in the P&L "In The Red" page 45 it state "DOWN IN $"   -373.73 after Gentingranking no1 losses. Even good profit company share price is dropping this is bad, I exit 2/3 position liao, monday  got to wait till monday liao.    :-(  :-(
Useful To Me  Not Useful To Me
focusy Senior	27-Jun-2008 19:41        focusy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Buyer Date of purchase No. of shares purchased Average price/share (S$) Total value (S$) Total shareholding Sinopower Investment 13-03-2008   700,000   0.2779   194,530  636 million   (45.4%)   11-03-2008   500,000   0.2974   148,700     10-03-2008   600,000 0.2875   172,500     07-03-2008   1,000,000 0.30 300,000     06-03-2008   600,000   0.315 189,000   T. Rowe Price Associates 18-01-2008   4,350,000 N.A.  N.A.  129,510,400   (9.24 %)   19-12-2007   4,274,000 N.A.  N.A.      14-12-2007   3,950,000 N.A.  N.A.      03-12-2007 7,058,000   0.636   4,488,888   in the table above extracted from http://www.nextinsight.com.sg/content/view/276/60/ T Rowe Price was buying a much higher prices. what a surprisingg turnaround now, selling way below their purchase prices. Did they get hit by fund redemptions in the US?
Useful To Me  Not Useful To Me
sthinvest Member	27-Jun-2008 18:54        sthinvest About Contact  Quote this Post!
x 0   x 0  Alert Admin	Some facts and figures for all to digest : Nov 2007, launched IPO 400m shares at 83cents and raised S$332m . And capitalisation about S$1.16b Recent NTA based on last report, RMB3.308 or 60+cents In Jun 2008, plunged to 12cents, based on 1,420m shares, current capitalisation is only S$168.24m. This amount is 14.5% of its value from 7 months or about half of the amount raised in its IPO. Its crazy numbers, isnt it ??
Useful To Me  Not Useful To Me
cathylmg Elite	27-Jun-2008 18:49        cathylmg About Contact  Quote this Post!
x 0   x 0  Alert Admin	Actually I'm also waiting for it at around the same price or more clearer upwards signals. Hulumas      ( Date: 27-Jun-2008 18:31) Posted: Huh, how low can it go, my average price still above Sgd.0.43, I 'll buy again when it has reached Sgd. 0.095! another 1500 lots. I do not believe it won't go up. Centaur      ( Date: 27-Jun-2008 17:23) Posted: Not bad. Remains unchanged. will monitor for the next few sessions but otherwise 11 - 11.5cts is a very attractive price.
Useful To Me  Not Useful To Me
Hulumas Supreme	27-Jun-2008 18:31        Hulumas About Contact  Quote this Post! Style: Flexible   Mood: Yells: "INVEST but not TRADE please!"
x 0   x 0  Alert Admin	Huh, how low can it go, my average price still above Sgd.0.43, I 'll buy again when it has reached Sgd. 0.095! another 1500 lots. I do not believe it won't go up. Centaur      ( Date: 27-Jun-2008 17:23) Posted: Not bad. Remains unchanged. will monitor for the next few sessions but otherwise 11 - 11.5cts is a very attractive price.
Useful To Me  Not Useful To Me
Centaur Veteran	27-Jun-2008 17:23        Centaur About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not bad. Remains unchanged. will monitor for the next few sessions but otherwise 11 - 11.5cts is a very attractive price.
Useful To Me  Not Useful To Me
cathylmg Elite	27-Jun-2008 16:04        cathylmg About Contact  Quote this Post!
x 0   x 0  Alert Admin	What do you think? How low can it go? Centaur      ( Date: 27-Jun-2008 15:50) Posted: looks like well supported by 11.5cts. Price is low but still downtrending. Def on my radar now.
Useful To Me  Not Useful To Me
Centaur Veteran	27-Jun-2008 15:50        Centaur About Contact  Quote this Post!
x 0   x 0  Alert Admin	looks like well supported by 11.5cts. Price is low but still downtrending. Def on my radar now.
Useful To Me  Not Useful To Me
sthinvest Member	27-Jun-2008 15:04        sthinvest About Contact  Quote this Post!
x 0   x 0  Alert Admin	According to their news release, they mentioned that they are not affected by the quakes. See their projects here: http://www.china-newtown.com/projects/projects.asp.
Useful To Me  Not Useful To Me
cathylmg Elite	27-Jun-2008 14:51        cathylmg About Contact  Quote this Post!
x 0   x 0  Alert Admin	Do they have any property in the Sichuan province?
Useful To Me  Not Useful To Me
sthinvest Member	27-Jun-2008 13:58        sthinvest About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agree with Luckyman. Quite likely to be this fund who has been downloading since April.. Hope the selling end soon and th stock's true value can be restored! luckyman      ( Date: 27-Jun-2008 12:37) Posted: China New Town Development shares fell over 8 pct in heavy trade in Singapore as a US fund has been selling large chunks of the company's shares, dealers said. The shares were down 0.010 sgd or 8.3 pct at 0.110 sgd after shedding 11 pct yesterday. Traders said a US fund that holds less than 5 pct of the company has been selling shares. Stock market disclosures show T. Rowe Price Associates sold 18.6 mln shares of China New Town on the market at the end of April and held 4.97 pct after the sale.
Useful To Me  Not Useful To Me
jackjames Elite	27-Jun-2008 13:17        jackjames About Contact  Quote this Post!
x 0   x 0  Alert Admin	it looks good for me so far. des_khor      ( Date: 27-Jun-2008 12:31) Posted: 12:29:20 0.110 607,000 Bought from All Seller 12:29:15 0.110 2,800,000 Bought from Seller 12:29:15 0.110 25,000 Bought from Seller got BB buy up liao leh !! bottom is it already ??
Useful To Me  Not Useful To Me
cathylmg Elite	27-Jun-2008 12:56        cathylmg About Contact  Quote this Post!
x 0   x 0  Alert Admin	Lets make a guess of who are the one throwing their shares and whacking down its price? jackjames      ( Date: 27-Jun-2008 12:51) Posted: according to this structure, it looks not too bad, with sinopower investment limited holding 45.71%... did they throw stocks yet?
Useful To Me  Not Useful To Me
cathylmg Elite	27-Jun-2008 12:53        cathylmg About Contact  Quote this Post!
x 0   x 0  Alert Admin	So if you look only at the transactions, it doesn't clearly reflects its true position because each sell down is actually one big chunk altogether. Just that the buy queue is not enourgh to take. So that it drops by 1 bit and such that the next transactions is a buy up. cathylmg      ( Date: 27-Jun-2008 12:40) Posted: I have been watching this counter since this week. Everytime a substantial size buying queue is formed, there will be a very big sell down to force it down by 1 bit. Such that the next buy is in a big buy up queue. Actually they are changing hands at the same price. The big buy ups is usually smaller as compared to the selldown volume if you add the previous sell down and the current sell down volume which is at the same price. Any comment on this action?
Useful To Me  Not Useful To Me
jackjames Elite	27-Jun-2008 12:51        jackjames About Contact  Quote this Post!
x 0   x 0  Alert Admin	according to this structure, it looks not too bad, with sinopower investment limited holding 45.71%... did they throw stocks yet?
Useful To Me  Not Useful To Me
des_khor Supreme	27-Jun-2008 12:42        des_khor About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Tell me who is the God or MFT from this forum??"
x 0   x 0  Alert Admin	Shareholding Structure (as at 16 May 2008)
Useful To Me  Not Useful To Me
cathylmg Elite	27-Jun-2008 12:40        cathylmg About Contact  Quote this Post!
x 0   x 0  Alert Admin	I have been watching this counter since this week. Everytime a substantial size buying queue is formed, there will be a very big sell down to force it down by 1 bit. Such that the next buy is in a big buy up queue. Actually they are changing hands at the same price. The big buy ups is usually smaller as compared to the selldown volume if you add the previous sell down and the current sell down volume which is at the same price. Any comment on this action?
Useful To Me  Not Useful To Me
luckyman Member	27-Jun-2008 12:37        luckyman About Contact  Quote this Post!
x 0   x 0  Alert Admin	China New Town Development shares fell over 8 pct in heavy trade in Singapore as a US fund has been selling large chunks of the company's shares, dealers said. The shares were down 0.010 sgd or 8.3 pct at 0.110 sgd after shedding 11 pct yesterday. Traders said a US fund that holds less than 5 pct of the company has been selling shares. Stock market disclosures show T. Rowe Price Associates sold 18.6 mln shares of China New Town on the market at the end of April and held 4.97 pct after the sale.
Useful To Me  Not Useful To Me
des_khor Supreme	27-Jun-2008 12:31        des_khor About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Tell me who is the God or MFT from this forum??"
x 0   x 0  Alert Admin	12:29:20 0.110 607,000 Bought from All Seller 12:29:15 0.110 2,800,000 Bought from Seller 12:29:15 0.110 25,000 Bought from Seller got BB buy up liao leh !! bottom is it already ??
Useful To Me  Not Useful To Me
Andrew Master	27-Jun-2008 12:30        Andrew About Contact  Quote this Post!
x 0   x 0  Alert Admin	Heavy selling with this counter. 5 to 1. including one transaction of 3600Lots @11. I think someone is offloading real stocks and not short.
Useful To Me  Not Useful To Me

                                                         First   < Newer   401-420 of 548   Older>   Last