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Aussino Reverse Takeover
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lim0001
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22-Jun-2012 09:13
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Postive coming. General zaw power | ||||
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medivh
Elite |
20-Jun-2012 16:55
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Huat ahh...... Ka tek steady bom pi pi. |
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cmengchan
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20-Jun-2012 14:19
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Based on yesterday's closing price, the market cap is about $45million. What would be the value of current Aussino bed linen biz, and its listing status? Current Aussino outlets and network is relatively extensive, so its worth something. |
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ozone2002
Supreme |
20-Jun-2012 09:04
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buy n sell Qs so thin can fly up one secone and fly down the next.. don't want to get heartattack stay away.. gd luck dyodd
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merlin_magic
Senior |
19-Jun-2012 17:17
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Ended up at 0.152...Almost doubled over the past 2 days after the RTO is announced.... At this high price, the risk-reward ratio is no longer attractive...It is really speculative........ Shall stay away ... |
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merlin_magic
Senior |
19-Jun-2012 14:54
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last round (third and final round) for today...bought at 0.143 and let go at 0.146.... All the best to those who are still playing... May you huat.... this is really like a russian roulette..... | ||||
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ozone2002
Supreme |
19-Jun-2012 14:32
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15c.... buyer seller Qs too thin..easy to manipulate the price.. | ||||
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merlin_magic
Senior |
19-Jun-2012 14:26
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Faint..The moment i let go at 0.142...it cheonged to 0.15...suck thumbs can't be helped...can't be greedy....at least got earn some kopi $ off this " watchlist counter" |
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merlin_magic
Senior |
19-Jun-2012 14:08
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height00 - you couldn't have said it better.... I have mischievously puntered twice in the morning.... First round - bought at 0.126 and disposed off at 0.13 (dare not be greedy as it has already gone up a lot)... earn some coffee money for my lunch. Second round - bought at 0.141 and disposed off at 0.142 (just breakeven) Scared to hold this " grenade" for long....definitely not overnight as market is uncertain due to the Spanish effect... |
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dowcog
Veteran |
19-Jun-2012 14:02
Yells: "Don't fight the tape!" |
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True. Careful in this kind of mkt. | ||||
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height00
Senior |
19-Jun-2012 12:39
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Buy on rumour sell on news never wrong. What for chasing for a few more cents may ended holding the baby forever but things may not know just be careful that all. |
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dowcog
Veteran |
19-Jun-2012 12:32
Yells: "Don't fight the tape!" |
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Ahh... pillow counter. Buy n sleep. Wake up hopefully is sweet dreams ending.. Lol | ||||
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upnowhere
Senior |
19-Jun-2012 12:31
Yells: "Just want to earn a bit pocket $$$" |
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Most likey a one day up next day down other days constant.. level.. | ||||
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upnowhere
Senior |
19-Jun-2012 12:28
Yells: "Just want to earn a bit pocket $$$" |
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Company is issuing new shares but not the present shares it offering, then will present shares add up.. average prices for per share can't be 20 cents right? | ||||
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cmengchan
Member |
19-Jun-2012 10:55
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How was 303132000 shares for $60million derived? | ||||
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ozone2002
Supreme |
19-Jun-2012 10:42
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depends whether they over paid for the company a not... right now we don't know what's the earnings of the new company.. so hard to justify whether this $60m is worth while to buy this petrol kiosk business.. |
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ChillX
Senior |
19-Jun-2012 10:36
Yells: "Bleh!" |
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haiz... but now, the price already so high... chase also may make money.. but if drops... Not every counter is a JEL.
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ozone2002
Supreme |
19-Jun-2012 10:15
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based on the amt paid $60m over 303m shares..company is worth $0.20.. dyodd.. gd luck
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Kensonic77
Veteran |
19-Jun-2012 09:50
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It's a good buy? Aussino Group in $60m reverse takeover deal18 Jun 2012 17:05
Aussino Group Ltd said on Monday it has entered into a $60 million reverse takeover deal with Max Strategic Investments Pte Ltd. Under the agreement, Aussino Group said it will issue new ordinary shares of the company to Max Strategic Investments - a Singapore-company which intends to engage in the business of operating petrol kiosks in Myanmar by the time the proposed acquisition is completed. Aussino Group said the proposed acquisition will result in a change in control of the company and would constitute a very substantial acquisition or reverse takeover. Additionally, upon completion of the acquistion, an 85 per cent stake of all of the company's existing businesses and undertakings shall be disposed of to its controlling shareholder, Anthony Lim. Aussino Group as been placed on the Singapore Exchange (SGX) Watch-List since September 2011 and has continued to operate under challenging retail market conditions. |
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rutheone1905
Veteran |
19-Jun-2012 09:37
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waiting for the steam to weaken i think soon
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