already shortlisted 2 ..one of them is shangai electric & another one is trenergy. SCABLE bid through trenergy. Already approved the budget. Just need final signature from state govt to go ahead with award.
so you can imagine how much excitement it is over this counter with bonus issue in the pipeline and this 1B project. TP2.5. you judge what is your exit price.
A young analysts recently told me not to place too much value on TPs given by banks. TPs given by banks do not really benefit retailers. The banks give fantastic reports so that their major clients can benefit by selling the shares. This means we have to do our own homework.
It is good that Sifu Crawler has some background info. Just pray all goes accordingly to benefit us here.
no need 3 months man..within this few weeks and next month you shall see. Let's not comment on TP because everyone has a different view. I have a bigger appetite so I will wait.
nothing to do with me la...the bonus issue is going to prop up the share price. People are starting to accumulate but is very thin volume..no one want to sell! :)
actually just curious why exciting about bonus? The share price will be adjusted less 20 % accordingly ( 1: 5 share) when it execute it? Sorry, I am still new to market share, something is not fully understand
there's something call capital appreciation my friend :) Just like the right issue, share price as well adjusted downwards to 1.45 e.g. but look at the price now after 1 week. is back to 1.70. you get your free rights. Similarly you get your free bonus share without having to pay a single cent! when the main course is out, you see the share price flying.. you shall see the significant difference
Hi Crawler, so what do you means here is Scable to announce some big project and capital redistribution? But they just announce bonus ooo. Appreciate your feedback. Thanks.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
gpsman79
142 posts
Posted by gpsman79 > 2013-07-16 18:05 | Report Abuse
hi crawler, just wondering do 1B project ( 500Kv power grid) is in the tender processing? I thought still seeking state cabinet for budget approval?