S-Chips which attract Investment from funds

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10 years 6 months ago #19765 by gangho
Noted two s-chips are attracting substantial investments:

1) China Interational Holding which just announced a private placement of 150 million shares @ 5.1c per share to Wisdom Accord based on HK.

2) Sunpower is placing 65.8 million shares @ 14c per share to Stirling Coleman Capital.

Do these two funds know what retail investors do not know??
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10 years 6 months ago #19835 by gangho
Sunpower's private placement of 65million shares has been approved by SGX. It would be interesting to watch what happens when new shareholders come onboard.

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10 years 6 months ago #19873 by gangho
China International's private placemetn of 150 million shares at 5.1cts per share has been approved by SGX. Why would one Hong Kong investor invest S$7.65 million into this s-chip?
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10 years 5 months ago #20024 by zane
Thank you for yr posts. U are not too worried about S-chips? Eratat has imploded, YzJ has some trouble brewing (which may blow over quickly), etc. Have you had any big winners in S-chips?

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10 years 5 months ago #20096 by gangho

zane wrote: Thank you for yr posts. U are not too worried about S-chips? Eratat has imploded, YzJ has some trouble brewing (which may blow over quickly), etc. Have you had any big winners in S-chips?


Zane,

I stay cautious as long as I am in the market, whether s-chips or not. I had quite a few s-chip winners over last 1 yr; including hankore and siic.

I have taken up a small position in both CIH and Sunpower and when action starts, I would just follow the trend. Both should have good stories like Hankore/SIIC.

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10 years 6 days ago #21278 by zane
Interesting-- those investors who bought China Sunsine early and held it. This article says that time in Apr 2014, the shre price was 23 cents.

3 S-Chips: Strong Buying Interest By Some Investors

www.nextinsight.net/index.php/story-arch...st-by-some-investors

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