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Progen: Turnaround stock
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1234567
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12-Jun-2007 14:06
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just curious.... how u derive to this deduction ? "If progen can do a >3millions shares traded today, maybe then we can see the >15cts broken ......" |
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luckyfa
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12-Jun-2007 13:37
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If progen can do a >3millions shares traded today, maybe then we can see the >15cts broken and much more to come...Upside is intact...Immediate target is 16cts and then 20cts b4 it rally to 25cts and above.... |
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luckyfa
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12-Jun-2007 11:32
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yup, vested here last week and will be holding on for the good stuffs...I always like to expect the unexpected...Progen used to have 'sexy' news like RTO a couple of years ago but never came true...With sound balance sheet and strong cash on hand, i think it makes a good candidate for RTO.... |
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1234567
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12-Jun-2007 11:25
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u vested ? |
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luckyfa
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12-Jun-2007 11:10
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SSH buying up more share from the open market came from today's announcement...u can view it from www.sgx.com.sg Well, base on the buying up constantly by the SSH...definately there's a lot of suspicion...I would assume it could be a sudden news that take most investors by surprise... |
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1234567
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12-Jun-2007 10:36
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luckyfa, thanks. when u think the news will be made public ? |
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luckyfa
Senior |
12-Jun-2007 09:33
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More open market purchase by the other SSH...Looks like gonna to have some good stuffs coming....SSH loading up more Progen shares from the open market... Date of change of Deemed Interest 07-06-2007 2. Name of Registered Holder Yong Kang International Ltd 3. Circumstance(s) giving rise to the interest or change in interest [COLOR="SeaGreen"]Open Market Purchase [/COLOR] # Please specify details 4. Information relating to shares held in the name of the Registered Holder No. of Shares held before the change 15,966,000 As a percentage of issued share capital 5.87 % No. of Shares which are subject of this notice 190,000 As a percentage of issued share capital 0.07 % Amount of consideration (excluding brokerage and stamp duties) per share paid or received 0.125 No. of Shares held after the change 16,156,000 As a percentage of issued share capital 5.94 % |
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luckyfa
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12-Jun-2007 09:26
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RTO = Reverse TakeOver...The new SSH is a smart guy and an old hand in the stock market...He knows where to place his chips...Somethings brewing over here!!!!!!!!!!! |
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1234567
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11-Jun-2007 23:11
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luckyfa, what is RTO ? |
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luckyfa
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11-Jun-2007 13:58
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Recently SSH, Chong Thim Pheng Winstedt, has been selling down ASIA ENTERPRISES HOLDING LTD stakes and adding on more to Progen stakes. Wondering wat is he up to!!! Could he see potential in Progen in RTO? or he's taking the opportunity to introduce a new business in progen, O&G related? Well, Progen has a sound balance sheet and lots of cash in hand, good candidate to be!!!! Either one, it will trigger a big big jump in the share price...Hold on for good news ahead... |
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1234567
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11-Jun-2007 13:10
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regretted selling @ 13.5cts !! |
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luckyfa
Senior |
11-Jun-2007 09:27
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Yup! He's name is Chong Thim Pheng Winstedt, founder of Link Island if u know of (and i m right about my research....)...He's a very experience guy in O&G sector...He has heen constantly buying in from the open market and through married deal too recently, now holding around 9.01% of progen...Smell something is brewing and hope he does his 'Wizard' soon....Anyway, progen is an investment company with it's group engaging in air-corn and rental business. Cash on hand is also very strong...U can guess wat i am thinking of and u should have the same idea....To one's will, I believe holding on and accumulate more on the way.... |
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triggerhappy
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10-Jun-2007 22:06
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Do you mean that SSH has bought progen's share? I'm still holding some progen shares. Can some advise if i should hold on? |
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luckyfa
Senior |
08-Jun-2007 14:31
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SSH has been constantly buying up more shares recently...Could expect some sort of good news on the table....Could be cliching major projects or possible M&A?? Just wondering.... |
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1234567
Senior |
08-Jun-2007 13:49
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Really ? Just sold at 13.5cts. 
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luckyfa
Senior |
08-Jun-2007 09:50
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Progen ignite soon...target 16cts b4 moving to 20cts mark.... |
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1234567
Senior |
07-Jun-2007 19:55
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hi victorian, what next after hitting 14cts ? |
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triggerhappy
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07-Jun-2007 13:49
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Any one knows the outlook for progren? it seems its going up. |
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1234567
Senior |
06-Jun-2007 15:29
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14cts in sight !! |
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mavenkg
Member |
05-Jun-2007 10:39
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It seems that it going up slowly...up up up. |
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