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Time for collection....
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freedom8
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01-Sep-2013 12:03
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When you said SSH sold everything which SSH you referring to? Hano? Then that's not even a peanut size of what he is holding. If SSH holding 500mil shares and sold off everything then I will be dead worried. 70mil shares is nothing to shout about to be frank with you. To me, this deal is as good as done Albedo has no money to develop even purchasing the lands. That's why Danny will come on board and steer the ship. Only he has the money to develop the raw land. Prepare for Media release on successful RTO by 30th Sept and change of name soon. Albedo shall be history
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Integrity
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01-Sep-2013 11:33
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Enough said on this counter, there is a high risk on this trade, u win if RTO goes through, u lose if fails, 50/50. Well, SSH has decided to sell everything and not to take the risk, u decide for yourself. (Unless she sell and buy using another proxy acc to push down the price which i don't think so) |
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jie1313
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01-Sep-2013 11:22
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Hi, personally i think that the likelihood of the deal being materalised is high. If not, they could have just extend the deadline and stop there. There is not a need and reason to sign another supplementary MOU, and whats more, include 2 more land parcels. | ||||
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teeth53
Supreme |
01-Sep-2013 10:57
Yells: "don't learn through life, learn to grow with life " |
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One more mth?. RTO = Returning To Offer,.....Running Toward Offerer...(for further review...TILL THEN...) happi trading.
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Integrity
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01-Sep-2013 10:41
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Traders better be more conscious in trading this counter. If RTO fails, the price will most likely slash by 50% back to 2 cents. If u want to take this trade, be prepare to bite the bullet. Personally, i will not take the risk after SSH sold everything and RTO agreement extended by  one month. These 2 " bad" signs had prompt me to keep out of this counter. |
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freedom8
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31-Aug-2013 20:58
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Danny Tan, the younger brother of Vincent Tan (No. 10), started Dijaya and serves as executive vice chairman. Best known for its Tropicana Golf & Country Resort, a high-end development outside Kuala Lumpur.Company is building a W Hotel and the Residences by Tropicana in the city with Starwood Hotels. Last year he traded 73 of his own properties, valued at $310 million, to Dijaya for additional shares and loans. Moved to the capital from Johor at age 20 and sold reconditioned cars with Vincent. Held senior posts at Vincent's Berjaya Group for many years. Nett worth 520mil Can he bring Albedo to stardom?
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Falcon
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31-Aug-2013 18:51
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Although Rowsley land size is smaller it strong bcos of Peter Lim & t Royal Family. If Albedo deal goes through its back up by Tan Sri Dato Danny Tan, Malaysia's 23rd richest man.
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Mseager123
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31-Aug-2013 18:13
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Dear Mr Wise
Can I have your advise for Albedo base on the current situation?
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freedom8
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31-Aug-2013 16:58
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What is Rowsley actual size and price? Did not go into it Maybe you can share a comparison here
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mcking
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31-Aug-2013 16:40
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If the deal materialise, it really make Rowsley's deal look very expensive....and peanut in size and value.
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freedom8
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31-Aug-2013 16:03
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Yah sell on news on 30th Sept remember.. Then buy back....:p Happy  Red October
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Integrity
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31-Aug-2013 15:58
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Buy on rumours, sell on news :) | ||||
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freedom8
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31-Aug-2013 15:51
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Of course to add on, I am bias towards a deal because  I am vested. As for deal on or not, let it be. We shout here also no use because cant change the facts. Prepare to lose when you trade but also its good to fantasize abit when you are in. That keeps the weekend boredom alive |
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freedom8
Member |
31-Aug-2013 15:48
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Of course it is not simple as what you think or I think. Only the insiders know. What that SSH sold is peanuts to be frank. Those syndicate who can buy up 10mil 20mil 25mil 30mil easily matches Hano's holdings in few trades. His last disposal is only worth 2mil out of 60mil cap. Nothing to shout about. Whether they play up or down like I said is 50-50 gamble. Stock market is a fair bit of gambling sense. Win or lose no draw. Let the punters decide
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Integrity
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31-Aug-2013 15:07
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Not as simple as you think, just be careful when trading this counter. So far no agreement has been made and SSH sold everything prior to Fri announcement for extension to end Sept. Who knows whether the RTO will go through or not? I can see that price more or less already factor in. |
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freedom8
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31-Aug-2013 14:46
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Did you notice that after 11am onwards, most of the trades were done between 44-46. If they announce RTO fails yesterday, those few SSH who sold will be convicted for insider trading because selling at personal interests while holding price sensitive information. That will be a fine of 4-10 times the amount they profited or with jail terms. I doubt they would be so silly to do so. By selling , they probably want to exit with profits or its part of the deal for them to go out. Extra remunerations maybe given out of private settlement by letting the shares go. But their shares holding also nothing much to shout about. Hano only sold another 37 mil yesterday and that's the end of his holdings. What more for him left to sell on Monday? Did Boss Tai sell? Never. If the RTO didn't even progress a inch, then why bother to sign another supplementary agreement to include another 2 pieces of land.  By adding another 2 pieces of land, it could be Danny trying to convince them " look, I give u another 2 pieces of land free....but the first 5 pieces we shall base on market rate" Its like adding a carrot for Albedo board to accept and then talk about total issuance of shares. Another 30 days shall be sufficient to finish up the legal paper works of purchase with a certain percent upfront OTP paid using shares and remaining the be satisified by shares. It is almost a deal done...I can see that 44-46 has been a major collection point for the BBs yesterday. What can happen on Monday? Who knows but I refer you to look at 20th August trading pattern which is similar to yesterday with muted and sold down response after announcement of RTO. On 21st August, it staged a superb reversal with 60% gain. Well, will it be similar on Monday? We shall see how the BBs response. They probably know the news and play it down to collect cheap using the SSH sales as an excuse. This stock is not for the faint heart. Its a gamble. If you believe in Iskandar, then you buy and hope it trades like Rowsley. If not, stay clear.        
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Falcon
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31-Aug-2013 14:29
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  At 0.045 selling & buying were exchange in big bulk yest. Buyers keep collecting at each throw down. With the addition of two land parcels looks like the negotiation have not ended. Mon looking good.
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wendel
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31-Aug-2013 13:52
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I think...a left to right pocket transaction....bring the px down by creating panick selling...scope when px is low...did anyone took notice of buying pressure? My chart tells a reversal coming on Mon.
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Slayer168
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31-Aug-2013 13:51
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It's posted here that Danny tan and his children wants to own 90% of the shares. This was just posted yesterday at 730pm. Lets hope this become another blumont share from 5 cents become $1.80 http://www.theedgemalaysia.com/first/252636-highlight-danny-tans-singapore-foray-a-surprise.html
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Pauperman
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31-Aug-2013 13:13
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Could it be... director sell shares to move out of the ssh list so they can ride the roller coaster ride in the next one mth ?
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