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BULL COMING TO THIS NH CERAMICS
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Nopainnogain
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01-Apr-2013 19:08
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Not sure whether tomorrow can exceed .. 0.2 | ||||
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k2kingkong
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01-Apr-2013 14:53
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and GSH is going into building materials business (if I am not wrong) ?
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ytoh1688
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01-Apr-2013 14:41
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isn't this what we want for penny play? Anyway its a RTO so the basis is the coal mining rights they obtained from the RTO. | ||||
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liujianchuan88
Member |
01-Apr-2013 13:07
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This stock is being played. the company has no whatsoever value. Should be dropping real soon | ||||
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ytoh1688
Member |
01-Apr-2013 09:15
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it is rocking man...check it out | ||||
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ytoh1688
Member |
01-Apr-2013 08:56
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Their building materials business is dead and they are going to exploration and mining. Hence the RTO. So there is no relation to their existing business and they are being swallowed by the new team in charge of exploration and mining. So its entirely a new play. |
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ytoh1688
Member |
01-Apr-2013 08:49
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investment
Senior |
31-Mar-2013 16:36
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Before announcement the price is 0.049. | ||||
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tea444u
Master |
31-Mar-2013 13:29
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5.9 cents very low rite? 50 percent discount to the last down px? | ||||
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investment
Senior |
30-Mar-2013 20:09
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Previously they also have news about dynamac but in the end the deal is off. | ||||
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nqing87
Veteran |
30-Mar-2013 19:35
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i was asking opinion on this stock as well in my earlier post lol.. im cautious as the volume traded is low, and it seems like NH ceramics going into coal which doesnt seem to have much relation in what they are doing now.. and also not sure if they have the capability to acquire or not.. what i feel is that if unsure, better not vest.. that's just my opinion though.. im a new member and u a senior here bro lol..
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investment
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30-Mar-2013 19:22
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Do u think can buy. | ||||
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nqing87
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30-Mar-2013 19:18
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i guess 59 cents should be 5.9 cents instead.. http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_34CD255161985C0048257B3B00607E47/$file/Acquisition_of_BlackgoldAsiaResources_and_BlackgoldEnergyLimited.pdf?openelement Besides the quoted 32million in my earlier post, i found this 3.2billion shares that tally with your source, bro investment.. but it should be 5.9cents " The purchase price payable by the Company for all the issued shares of the Targets held by the Vendors shall be equivalent to US$150,000,000 (i.e. S$187,500,000 based on the agreed exchange rate of US$1:S$1.25) (the “Purchase Price”), which shall be satisfied in entirety by the allotment and issue of 3,177,966,101 new ordinary shares in the share capital of the Company (the “Consideration Shares”) to the Vendors or their respective nominees at an issue price of S$0.059 per Consideration Share. " i wonder why they also say placement of 32 million new shares.. so it's 3.2 billion or 32million? if it's 3.2billion, then they are really like an ant trying to swallow the anteater
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investment
Senior |
30-Mar-2013 19:04
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http://www.businesstimes.com.sg/archive/thursday/breaking-news/singapore/nh-ceramics-undergoes-rto-become-coal-player-20130328 | ||||
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nqing87
Veteran |
30-Mar-2013 19:00
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dear bro investment, can post the link that u saw? i dont believe 3.2 billion shares at 59 cents per share lol.. NH ceramics like quite thin in cash, current asset to liabilities ratio not super high.. dunno if it can swallow this deal.. kinda weird for a building material/finishing supplier to become interested in coal? does the management has the expertise in this area of business? | ||||
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investment
Senior |
30-Mar-2013 18:50
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Does it worth to buy this share. | ||||
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investment
Senior |
30-Mar-2013 18:48
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Saw this article on Thursday business times. | ||||
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clickshop1628
Veteran |
30-Mar-2013 18:47
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Should be 5.9 cts per share. A lot of difference :)
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nqing87
Veteran |
30-Mar-2013 18:45
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hi bro, where u read this information? in SGX document that i saw, below statement: " The Placement Shares shall be issued at an issue price of S$0.056 for each Placement Share (the “Issue Price”). " " PROPOSED ACQUISITION BY THE COMPANY OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF BLACKGOLD ASIA RESOURCES PTE. LTD. AND BLACKGOLD ENERGY LIMITED AND PROPOSED PLACEMENT OF UP TO 32,400,000 NEW SHARES IN THE SHARE CAPITAL OF THE COMPANY " where u saw 3.2 billion shares and 59 cents per share??
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investment
Senior |
30-Mar-2013 18:28
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NH Ceramics will undergo a reverse takeover that will transform the building and finishing materials supplier into a investment group with coal assets.
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