CORDLIFE GROUP

I note that Bonvests has been buying Cordlife cheaply and heavily. Well, is Cordlife such a great investment in the eyes of Bonvests? Or is it becos it's come down to just 90+ cents?

Buying & selling activities on Cordlife between 14/11/2014 to 19/11/2014

14/11/2014
Short Selling - 215,000 average price = 9206 cents

14/11/2014
Providence Investment Pte Ltd bought 100,000 shares average price 89.88 cents. This increased its holding from 11.002% to 11.3%.

17/11/2014
Short Selling - 351,000 average price = 87.64 cents

17/11/2014
* Dr Ho Choon Hou bought 108,000 shares average price 91.8 cents.
This increased he's holding from 0.256% to 0.305%.
* China Stem Cells (East) Co Ltd bought 100,000 shares average price 91.8 cents. This increased its holding from 11.002% to 11.3%.
* Coop Int Pte Ltd bought 989,000 shares average price 86.1 cents. This increased its holding from 10.72% to 11.16%

18/11/2014
Short Selling - 30,000 average price = 86 cents

18/11/2014
Coop Int Pte Ltd bought 150,000 shares average price 84.8 cents. This increased its holding from 10.72% 11.16% to 11.22%.

19/11/2014
Short Selling - 35,000 average price = 89 cents


17/11/2014
Maybank KE call to buy Cardlife, target price $1.30

19/11/2014
OSK-DMG - call to buy Cardlife, target price $1.30

FIL has gone deeper into the stock with a purchase at 89.146 cents average on 28 Nov. Total no. of shares = 256K.

infopub.sgx.com/FileOpen/_FORM3_FIL_Limi...cement&FileID=326748

Cordlife CEO Jeremy Yee (left) presented to analysts in HK at lunch today. With him was Simon Lee, Cordlife assoc director



People in attendance included HSBC Head of Research & MD of Baring Private Equity.



Macquarie has a TP of $1.30. (Click on image to enlarge)

Nice upthrust to as high as 97 cents this morning. Catalyst could be the expected declaration of a maiden dividend by China Cord Blood Corp.

Cordlife share price recover this morning was due to China Cord Blood Corp. 3Q/9 months financial results on 26th Febuary 2015. CCBC last week share price increased sharply by more than 10%.