Oxley Holdings

Rights shares being traded now, maket is efficient. Rights at 4.5 cents, then you pay exercise price of 17 cents = 22 cents = mother share prx now anyway

The Board of Directors of Oxley Holdings Limited (the “Company”) wishes to announce that the
Company has obtained the approval-in-principle  from the SGX-ST in relation to the
Company’s application for transfer of listing from Catalist to SGX Mainboard
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[Wolf 18-11-2012]:

Me too, waitng for Oxley to be upgraded to Mainboard and then re-rated by the market and loved by fund managers (who now cannot invest in Catalist stocks).

Oxley has done very well, thanks to the property bubble leading to most/all of its launched projects fully sold. As progressive payments come in, they are used to pay off bank borrowings that are growing too to finance Oxley's big appetite for new landbank. From the banks' risk management pt of view, Oxley is A-OK.

Stock price is 23-24 cents (after bonus & rights issues). Target 35 cents by mid-2013.

It's a catalyst for the stock price when the move to Mainboard is executed, because that will oopen doors to fund managers to invest in OXLEY. Most fund mgrs have mandates that do not allow them to invest in Catalist stocks. It follows that it's a good idea to buy Oxley now at 22.5 cents before the upgrade to Mainboard takes place

Oxley is doing nicely at 25 cents, unshaken by the Jan 11 govt measures. Like many forumers/investors, I believe the upgrade to mainboard will happen soon + be a catalyst for further stock price uptrend

Sana, ithas hit 27.5 cents on 7+ m shares. Those technical-analysis followers will jump in, but the FA guys are already in a while back becos the company looks beautiful

There was quite a lot of buying by Chairman last year, and I jumped in. heng ah! The stock has finally performed. Wonder what sumer thinks about it, now that it has hit 28.5 ccents