Latest Forum Topics / $ Chasen | Post Reply |
Sudden Movement
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q10activator
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14-Mar-2008 20:39
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Check out the sudden huge volume of transaction.... hopefully something good is coming along... That's over a quarter million dollars of deal in a day... and for a company of this size, sb must really believe in the upside of this company... |
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finstk
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04-Mar-2008 21:04
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Hi Friends, Good management skills.. I like it, good POTENTIAL share for long term investment.. Pls. see today's announcement.
For Immediate Release
NEWS RELEASE
Chasen Signs Agreement to Acquire 60% Stake in Engineering Fabrication Business
# Hup Lian Engineering ? Design, Supply and Installation of specialized engineering and structural steel fabrication
# Current construction projects in high growth industries such as marine, property development and oil and gas sectors worth S$22.0 million
Singapore, March 4, 2008 - Chasen Holdings Limited (?Chasen? or the ?Group?), a non sponsored Catalist Company on the Singapore Exchange, is pleased to announce that the Group has signed a Sale and Purchase Agreement (?Agreement?) with the current shareholders (the ?Vendors?) of Hup Lian Engineering Pte Ltd (?HLE? or the ?Company?) to acquire a 60% interest in the Company based on, inter alia, the unaudited net tangible assets value of S$1.14 million as at 31 May 2007.
HLE is a specialized engineering and structural steel fabrication supplier and installation service provider to the local construction and energy related industries. The Company has amassed an extensive wealth of experience in the design, supply and installation of steel fabrication for the construction of commercial buildings, warehouses, factories, shopping malls, link ways and other steel structures in
The Company is ISO9001:2000 certified and accredited structural steel fabricator for category S2 by the Singapore Structural Steel Society in 2005. HLE?s steel fabrication and installation capabilities have seen their involvement in construction projects of customers in the marine, property development and oil and gas industries. This acquisition by Chasen is in line with the Group?s policy to invest in potential profitable business and to diversity its revenue stream. Furthermore, HLE?s expertise in the engineering and construction field will be complimentary to the Group?s other recent acquisitions in the engineering service business segment.
HLE?s order book for steel fabrication and installation projects in the current fiscal year is worth S$22.0 million, which is expected to be completed by the end of calendar year 2008. It includes projects from Keppel FELS, Shimizu Corporation, PPL Shipyard Pte Ltd and Swire Pacific Offshore and Bovis Lend Lease. It has tendered for and is currently negotiating projects worth another S$10.0 million, including a project for the Sentosa Integrated Resort.
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czerny
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25-Feb-2008 09:40
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Suddenly 500m married. Just like that! Something must be cooking. Tried to sniff around and found that a rumor that a syndicate from across the straits is looking at this babe. Maybe towkay Low is thinking of roping in foreign talent to help his gaming biz in China. Let's watch this counter actually got potential energy. |
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winnifong
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31-Jan-2008 00:35
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suspecting this counter is used to bet open/close price, similar to high/low betting, anyone can confirm? | ||||||||||||||||||||||||||||||||||||
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zionbee
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30-Jan-2008 18:34
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How many license is China Lottery give out? Ban Joo had been talking for almost half a year and nothing happen. Then follow by Hosen and Now Chasen come in. Are they fighting for the same license? Closing price for today Ban Joo - 0.065, Hosen 0.12(no transaction today)- and Chasen 0.015. It is better to buy Chasen as the share price upside is higher. Is this correct? Please advise | ||||||||||||||||||||||||||||||||||||
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jasonfaxingliu
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30-Jan-2008 14:15
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may be a black horse despit in this depress period... should have some good news coming along its way |
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czerny
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30-Jan-2008 08:45
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Took a look at this stock and compared with Ban Joo & Hosen. Although they did not provide much financial details, if you based on the potential given by BJ n H, then the deal appears to be quite good in fact excellent. This is because the outlay is tiny and they dun have to raise funds for it. At 1.5c superb buy. With no news out in the papers better buy some and keep. Worth a punt too. This baby looks good for a while. |
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cross567
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29-Jan-2008 23:29
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at this price, a good buy stock, invested at lottery market will have a long term gain. for investment in scaffolding equipment, as singapore is booming in construction industry, this equipment have huge demand and a bright outlook as of current situation. my 2 cents worth |
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finstk
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29-Jan-2008 20:20
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Hi Friends... SOME GOOD NEWS.. NEWS RELEASE-CHASEN ACQUIRES 63.7% STAKE IN PROMINENT SCAFFOLDING EQUIPMENT AND SERVICE PROVIDER IN SINGAPORE http://info.sgx.com/webcorannc.nsf/37e9d50ee377b2304825735f00233861/6106f86614464a28482573df0032e50e MISCELLANEOUS :: SALE AND PURCHASE AND INVESTMENT AGREEMENTS MISCELLANEOUS :: NEWS RELEASE-CHASEN SIGNS AGREEMENT TO INVEST S$ 2 MILLION (APPROXIMATELY RMB 10 MILLION) TO DIVERSIFY INTO CHINA PAPERLESS LOTTERY MARKET http://info.sgx.com/webcorannc.nsf/37e9d50ee377b2304825735f00233861/a0400361de110d9d482573df00375640 MISCELLANEOUS :: JOINT VENTURE AGREEMENT http://info.sgx.com/webcorannc.nsf/37e9d50ee377b2304825735f00233861/d46ba14bfccbd44e482573df0036c2bd |
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sean68
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24-Oct-2007 16:28
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Market so quiet so hunt around to see if i can find anything and realised that, almost daily, Chasen has a +50% in price gain, was thinking at the rate it's going, what will be the price of this counter in a month's time. Only to realsied that it always closed on 0.010 and opens at 0.015 and then close again for the day at 0.010....hahaha...daily routine....like that every day also can ......50% increase in price daily. |
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JamesAng
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02-Oct-2007 08:03
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with the current bull markets in the global property and stock markets, expecting this counter to be chased up to at least double its current price. China's market is vast and Chasen's potential unlimited. | ||||||||||||||||||||||||||||||||||||
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ray_ray
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02-Oct-2007 00:37
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seems to have heapz load of sellers at 1.5 cents hitting 1 cent soon? | ||||||||||||||||||||||||||||||||||||
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finstk
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22-Sep-2007 14:02
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Hi, Latest News... INCORPORATION OF SUBSIDIARIES IN PEOPLE?S REPUBLIC OF CHINA - CHASEN LOGISTICS (SHANGHAI) CO., LTD- CHASEN LOGISTICS (XI?AN) CO., LTDThe Board of Directors of Chasen Holdings Limited (the ?Company?) wishes to announce that its wholly-owned subsidiary, Chasen Logistics & Engineering Services Pte Ltd (?CLES?), has incorporated the following two subsidiaries in the People?s Republic of China (the ?Transactions?). The Transactions are a result of a joint venture with Zhang Qi Hua (?ZQH?), a businessman from Canada. 1. Chasen Logistics (Shanghai) Co., Ltd (?CL Shanghai?) Registered Capital : US$1,000,000 Principal activity : Provision of relocation, packing and warehousing services Equity Structure : 70% owned by CLES, 30% owned by ZQH 2. Chasen Logistics (Xi?an) Co., Ltd (?CL Xi?an) Registered Capital : US$300,000 Principal activity : Provision of warehousing services Equity Structure : 70% owned by CLES, 30% owned by ZQH The Transactions will be funded from internally generated funds. http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_397230EFC43C1C2E4825735D00310A94/ |
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skeleton
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19-Sep-2007 10:04
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wondering who are the 'siao ren' keep pressing down my chasen and also star tech. Ask the dog to shift to their neighborhood and bark at them whole nite thru. |
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skeleton
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13-Sep-2007 15:20
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Wah, try try for fun but bought 300 lots Chasen at 0.010 and now got so much rights (ratio 1 : 4) also at 0.010, with the Mother SELL price also at 0.010....wat to do ? Maybe try Q and sell Chasen R at 0.010 also instead of 0.005....OR...exercise the 75 lots at 0.010 ? Wat says u guys ? |
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finstk
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03-Sep-2007 22:52
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Hi, Good Management and great potential to CHEONG UP after rights issue, we can accumulate and |
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skeleton
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01-Sep-2007 00:43
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Wah...not monitoring the market for a couple of weeks, what's happening to this counter ? Anything to do with the rights or what ? Can buy at this price ? cheers |
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SavvyInvestor
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27-Jul-2007 11:49
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Tis is another counter tat has great potential to cheong up. Major resistance at 2cts even when STI crashes 100pts. But pls trade tis counter wif care, do your own research before committing into tis counter. |
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Rustyhaster
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22-Jul-2007 00:17
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Any remark on the management of this compnay?? look's like profit is showing?? maybe someone more of FA can pass some comment?? | ||||||||||||||||||||||||||||||||||||
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jng1103
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21-Jul-2007 15:27
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Yes, I've been monitoring this counter for weeks and trying to catch the $0.15 but it never came true. The price swings between $0.20 - $0.25 with huge volume and I also wonder what is cooking there... This is indeed a weird counter... careful not to be caught up there.... | ||||||||||||||||||||||||||||||||||||
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