assuming nothing wrong with the company, we will look back on these prices and regret not buying. i mean how often got stock at 1.4X historical PE? today, cacola assured investors: The Board of Directors of Cacola Furniture International Limited (the ââ¬ÅCompanyââ¬Â) refers to the heavy trading volume and significant change in the unit price of the Companyââ¬â¢s shares yesterday. The Board of Directors would like to inform that they are not aware of any information not previously announced concerning the Company, its subsidiaries or associated companies and any other possible reason that might explain the trading volume and price decline of the Company\'s shares yesterday. The Board of Directors confirms that the Company has complied with the Rules in the Listing Manual of the Singapore Exchange Securities Trading Limited (\"the Listing Manual\") and, in particular, Rule 703 of the Listing Manual.
Not sure if they are still under moratorium. Any pre-ipo investors inside who have not got out. These pre-ipo investors got in at dirt cheap price. Better wait for them to sell all first before u get in.
It will be interesting once the moratorium passes. anyway since there are no insider buying...if I\'m not mistaken, it can;t be a sign of confidence being their major shareholders. There is heavy insider buying at LiHeng and Best World which say tons about the financial health and business prospects going forward. I would rather join the insiders in their buyback party. Maybe we should all help each other by starting a new thread by identifying good businesses that the insiders are buying hand over fist consistently.
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