Latest Forum Topics / AUSSINO | Post Reply |
Aussino Reverse Takeover
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Listing
Senior |
01-Feb-2013 19:31
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"Actually, U Zaw Zaw is the biggest losser if this deal fails. I think if you look at prime partners so call fees, they too will loss big time if this deal fails. May be its their only biggest deal, so how can they let this deal fail.
If Spore dont get ZZ, I think its a big mistake! HK or even Malaysia will be more willing to accept a IPO? ZZ has chinese connection, so not difficult? We could be in a long ride if after listing ZZ may be even more bigger than Yoma, bring in more deals?" I transport this from punters gallery! |
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JackWin
Member |
01-Feb-2013 10:25
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raise slowly everyday with well buying volume, look like will > 0.30 next week |
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papayaface
Member |
30-Jan-2013 11:25
Yells: "This is the best time to enter....when everythings uncertain" |
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  Looks like not even running today ...... just strolling in rounds.
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Listing
Senior |
30-Jan-2013 08:57
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Will hit 0.30 soon... | ||
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Listing
Senior |
26-Jan-2013 20:33
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Will run to 0.30 first then to further heights... | ||
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medivh
Elite |
14-Jan-2013 09:12
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nice play by BB.. I hope touch my TP soon.. ^^ |
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FearValueGreed
Master |
05-Jan-2013 18:53
Yells: "Long Term Timing X Capital = Well Deserved Payout" |
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when will new business begin? n outstanding shares thereafter? ? if the new owner doesnt hv shady side, must buy as petrol expense there. even if petrol price reduced after opening. car population will increase. sur win just that will the new owner play us out???? if temsaek would to join in then this will be cool.
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Nopainnogain
Senior |
03-Jan-2013 14:48
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Myanmar Play.. I think today can reach 0.2
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halleluyah
Elite |
03-Jan-2013 10:50
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Any news. Running wild n fierce | ||
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Singer88
Member |
05-Dec-2012 16:10
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Up or Down ??? | ||
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francisd
Veteran |
08-Oct-2012 11:52
Yells: "BUY LOW SELL HIGH" |
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Got the answer. No Worries. SAMCORP CAPITAL CORPORATION REDUCES SHAREHOLDING IN AUSSINO Samcorp Capital Corporation (“Samcorp”), which is the company wholly owned by the Founder and Chairman, Mr Anthony Lim, of Aussino Group Limited (“Aussino”), announced today that it has sold 32,400,000 Aussino shares in the open market. Samcorp is the company used by Mr Anthony Lim to hold all the shares in Aussino. On 25 July 2012, Aussino Group Ltd (“Aussino” and together with its subsidiaries, the “Group”) announced the proposed acquisition of the entire issued share capital of Max Strategic Investments Pte Ltd (“Max Strategic”). This will present the Group with a new operating energy business with significant growth potential in Myanmar. Under the Sale & Purchase Agreement on the acquisition of Max Strategic, Mr Lim will buy back the Aussino Group of business. The agreed amount for the takeover of the entire Aussino Group of business is S$9.4 million. The sale of Aussino shares in the open market by Mr Lim is to raise the money to enable him to buy back the Aussino Group of business. By Aussino Group Ltd. 27/09/12
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francisd
Veteran |
08-Oct-2012 11:50
Yells: "BUY LOW SELL HIGH" |
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Samcorp Capital Corporation  is reducing their stake in Aussino.  Wonder WHY? Cheers.   |
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TradeChancellor
Veteran |
04-Sep-2012 14:46
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I just called my broker, she said after the 1:4 consolidation, offer will be at 32cents. Thats means if we buy now, theoretically it will be more worthwhile to buy at 8 cents. But is has risen a lot leow... anybody got suggestion if we should buy aussino and let the shares convert into max strat or wait until consolidation is complete and buy? |
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merlin_magic
Senior |
30-Jul-2012 09:42
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that time i was foolish enough to buy at 15.9 cents - 10 lots. i realised something was not right.... so i sold 5 lots at 15.3 cents and another 5 lots at 13.9 cents.. on hindsight, shouldn't have entered into Aussino in the first place... |
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rutheone1905
Veteran |
30-Jul-2012 09:40
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aussino is in the midst of xformation, maybe some time in future it will become a bright star in Myanmar buz but for now better to leave it alone. | ||
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GuavaXF30
Master |
30-Jul-2012 09:38
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Well it gone down after halt lifted. Think almost 10%. So obviously market not taking this as good news.
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rutheone1905
Veteran |
30-Jul-2012 09:16
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tats bad!!! | ||
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GuavaXF30
Master |
30-Jul-2012 08:24
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This was in their statement released after suspension. Part of which says :- The Transaction Aussino has entered into a conditional sale and purchase agreement (the " Injection Agreement" ) with the shareholder of Max Strategic (the " Vendor" ) to acquire Max Strategic for a consideration of S$70 million. The acquisition consideration will be satisfied by the issue of 218,750,000 new consolidated shares (the " Consideration Shares" ) (which, for the avoidance of doubt, will be issued after the completion of the proposed share consolidation of every 4 existing shares into 1 consolidated share) to the Vendor at an issue price of S$0.32 (the " Issue Price" ) per Consideration Share. Nett effect suggest that the valuation without consolidation is 0.08 cents. That's a discount from Friday's close. Does not help improve valuation of share I'm afraid.  
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rutheone1905
Veteran |
30-Jul-2012 00:57
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shares consolidation? i took a quick glance into the reasons for trade halt, it just mentioned abt acquiring a coy so to enter into Myanmar n also to dispose of current core business. can anyone give a link to the 4:1 consolidation?   otherwise this one is a myanmar play liao  |
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vthnay
Member |
29-Jul-2012 15:39
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Is this for real?
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