China Animal

Mel
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11 years 11 months ago #9227 by Mel

Replied by Mel on topic Re:China Animal

It's kind of odd -- my contact said her CAH shares have been borrowed through Shares Borrowing & Lending scheme by someone who could be a shortist. What's going through his mind? Short CAH? Why?

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el15
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11 years 11 months ago #9231 by el15

Replied by el15 on topic Re:China Animal

Notwithstanding the 7.4% drop in STI since 3 May, China Animal has notched an impressive gain of 9.3% over the same period. Based on chart, CAL seems to be in the midst of forming a bottom pattern. Do view ernestlim15.blogspot.com/2012/05/some-st...h-out-as-market.html for more details.

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Val
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11 years 11 months ago #9233 by Val

Replied by Val on topic Re:China Animal

The chart looks pretty and momentum traders will jump on the bandwagon. FA-wise, the time should be near for CAH to finalise the delisting details and the offer price. In this weak market, I think the offer would be just above 30 cents, which is >25% gain for anyone entering at this point in time. It's a fantastic risk-reward balance.

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yeng
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11 years 11 months ago #9234 by yeng

Replied by yeng on topic China Animal - TRADING HALT, delisting offer coming?

Finally....? The Big Offer?

How much? Never mind ... it's going to be put on the table???

Company asked for TRADING HALT - "Pending the release of an announcement regarding a matter which is price sensitive in nature."

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rabbitfoot
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11 years 11 months ago #9243 by rabbitfoot

Replied by rabbitfoot on topic Re:China Animal

Halted this morning , still no announcement ! Wonder what's in their sleeve ?

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yeng
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11 years 11 months ago #9260 by yeng

Replied by yeng on topic China Animal - delisting offer @ 30 cents!!!

…… all Shareholders would be entitled to tender all or some of their Shares for cancellation and receive a cash exit offer price of S$0.30 per Share which is cancelled.

Shareholders who do not accept the cash exit offer in respect of their Shares would, to the extent their Shares are held on the Bermuda register of members, have their Shares transferred at the Company’s cost to the Hong Kong branch register of members (and such Shares would continue to be listed on the SEHK).

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