Hu An Cable

fyi, Hu An Cable report by CIMB on Sept 28 is attached.

URL of NextInsight report on visit to Hu An Cable: www.nextinsight.biz/index.php?option=com...cle&id=3009&Itemid=1

Will Hu An Cable make a dash today?

Phillip Research's CEO, Chan Wai Chee, has initiated coverage of Hu An Cable, fyi

 
 
 
  

cimb report: Hu An Cable Holdings Ltd (HAN SP; S$0.425)
•
Private equity firm, SEAVI Advent, is in negotiations to acquire about 5% stake in Hu An
Cable from Goka Ltd, a substantial shareholder of Hu An.
•
We believe that institutional interest in the stock, coupled with its impending TDR listing in
Taiwan, bodes well for its share price. Reiterate
  BUY, TP of S$0.64
.

No action on this stock.... Why?
TDR pricing is not at big premium. Why?

TDR debut was yesterday with the stock rising by 7% limit - fantastic start. Let's see if it continues and if the Singapore mother share can do justice. How come the Spore stock tank yyesterday by 1.5 cents to 39.5 cents?