S-Chips which attract Investment from funds

More
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??
The following user(s) said Thank You: zane

Please Log in or Create an account to join the conversation.

More
10 years 5 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.

Please Log in or Create an account to join the conversation.

More
10 years 5 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?
The following user(s) said Thank You: zane

Please Log in or Create an account to join the conversation.

More
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?

Please Log in or Create an account to join the conversation.

More
10 years 4 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.

Please Log in or Create an account to join the conversation.

More
9 years 11 months 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

Please Log in or Create an account to join the conversation.

Time to create page: 0.196 seconds
Powered by Kunena Forum
 

We have 459 guests and no members online

rss_2 NextInsight - Latest News