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Latest Posts By WanSiTong - Supreme      About WanSiTong
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03-Sep-2013 12:29 Citicode   /   AdvSCT 'alive' again!!       Go to Message
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Looking for Iso sifu ..........

AdvSCT alive soon !!?
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03-Sep-2013 11:36 F & N   /   F&N       Go to Message
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Fraser & Neave ST: the upside prevails as long as 5.48 is support
Trading Central | 2013-09-02 22:47:00


The configuration is positive.

Our pivot point stands at 5.48.

Our preference: the upside prevails as long as 5.48 is support.

Alternative scenario: below 5.48, expect 5.3 and 5.19.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day MA (respectively at 5.59 and 5.55).

Supports and resistances:
6.14 *
6.03 **
5.92
5.67 last
5.56
5.48 **
5.3 *

Copyright 19
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03-Sep-2013 11:14 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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Market Recap

US markets were closed for Labor Day.

European shares rose on Monday, boosted by encouraging Chinese and European factory data. Vodafone closed up 3.4% with talks to sell its stake of Verizon Wireless at advanced stages....

Brent for Oct delivery gained US$0.32, or 0.3%, to settle at US$114.33/barrel.

Implications for Singapore

The local bourse is likely to take cue from the strong Nikkei start (up 1.7%) and open higher this morning.

After a fairly strong 0.9% recovery yesterday and with its 2-year uptrend support holding firm, the STI is now likely to head further north and test the 3070 key support-turned-resistance next.

Meanwhile, with the MACD seemingly forming a bottom and the RSI already climbing out of its oversold region, this suggests an improving upside momentum.

Beyond the 3070 obstacle, we see the next hurdle at the 3130 minor support-turned-resistance. On the downside, 3000 is still the immediate key support, with the subsequent base pegged at the 2930 key trough.
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03-Sep-2013 10:43 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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Nikkei is trading!

WanSiTong      ( Date: 03-Sep-2013 10:40) Posted:



Nikkei up 2.77%

World Markets

Asian markets are higher today as Chinese and Hong Kong shares show gains. The Shanghai Composite is up 0.58% while the Hang Seng is up 1.06%. The Nikkei 225 is not trading.


Asian Indexes

  Index Country Change % Change Level Last Update
  Australia ASX All Ordinaries Australia +12.50 +0.24% 5,190.50 10:17pm ET
  Shanghai SE Composite Index China +12.20 +0.58% 2,110.65 10:22pm ET
  Hang Seng Hong Kong +235.07 +1.06% 22,410.41 10:22pm ET
  Mumbai Sensex India +266.41 +1.43% 18,886.13 10:00am ET
  Nikkei 225 Japan +376.09 +2.77% 13,949.01 10:17pm ET
  Taiwan TSEC 50 Index Taiwan +48.35 +0.60% 8,087.21 10:17pm ET


teeth53      ( Date: 03-Sep-2013 08:54) Posted:



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03-Sep-2013 10:40 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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Nikkei up 2.77%

World Markets

Asian markets are higher today as Chinese and Hong Kong shares show gains. The Shanghai Composite is up 0.58% while the Hang Seng is up 1.06%. The Nikkei 225 is not trading.


Asian Indexes

  Index Country Change % Change Level Last Update
  Australia ASX All Ordinaries Australia +12.50 +0.24% 5,190.50 10:17pm ET
  Shanghai SE Composite Index China +12.20 +0.58% 2,110.65 10:22pm ET
  Hang Seng Hong Kong +235.07 +1.06% 22,410.41 10:22pm ET
  Mumbai Sensex India +266.41 +1.43% 18,886.13 10:00am ET
  Nikkei 225 Japan +376.09 +2.77% 13,949.01 10:17pm ET
  Taiwan TSEC 50 Index Taiwan +48.35 +0.60% 8,087.21 10:17pm ET


teeth53      ( Date: 03-Sep-2013 08:54) Posted:


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02-Sep-2013 22:48 Vard   /   Vard Holdings       Go to Message
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Mitsubishi UFJ Asset Management Co., Ltd.('MUAM') - Acquisition of Securities via market transaction

Become substantial shareholder holding 60,683,000 shares (5.1426%)

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02-Sep-2013 17:08 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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Every where green green !

World Markets

European markets are sharply higher today with shares in Germany leading the region. The DAX is up 1.67% while France's CAC 40 is up 1.62% and London's FTSE 100 is up 1.36%.


European Indexes

  Index Country Change % Change Level Last Update
  FTSE 100 England +87.51 +1.36% 6,500.44 4:50am ET
  Euronext 100 Europe +10.85 +1.46% 752.26 4:35am ET
  CAC 40 France +63.81 +1.62% 3,997.59 4:35am ET
  DAX Germany +134.98 +1.67% 8,238.13 4:50am ET
  Swiss Market Index Switzerland +107.73 +1.39% 7,853.70 4:50am ET
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31-Aug-2013 12:22 AUSSINO   /   AUSSINO - Myanmar U Zaw Zaw       Go to Message
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10. A commentary at the date of the announcement of the significant trends and competitive conditions of the industry in which the group operates and any known factors or events that may affect the group in the next reporting period and the next 12 months.

While the retail market remains challenging, the business model of the Group remains sound and the fundamentals including the branding of its core bsuiness remains strong. The Group will undertake to improve its working capital through various means including the divestment and encashment of the non-core assets. Drastic costs cutting also has been implemented across our businesses to improve costs efficiencies.

On 25 July 2012, Aussino entered into a conditional sale and purchase agreement with the shareholder of Max Strategic Investments Pte Ltd (?Max Strategic?) to acquire Max Strategic for a consideration of $70 million. If undertaken and completed, the transaction will result in the reverse take-over of Aussino as defined under Chapter 10 of the SGX-ST Listing Manual. On 28 April 2013, SGX-ST returned the application to the Company due to concerns relating to Max Strategic that have not been adequately resolved. The proposed acquisition has since been terminated on 29 July 2013.

The Company has submitted an application to SGX-ST for an extension of time for the Company to be removed from the Watch-List under Rules 1314 and 1315 of the Listing Manual on 23 August 2013.

The Company will keep shareholders informed of any further development in this regard.


seanpent      ( Date: 27-Aug-2013 09:29) Posted:

I believe this RTO will finally go thru ..... just a personal view .....

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30-Aug-2013 22:00 CapitaLand   /   Capitaland       Go to Message
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Capitaland ST: the downside prevails.
Trading Central | 2013-08-29 07:37:00


Update on supports and resistances.

Pivot: 3.17

Our preference: Short positions below 3.17 with targets @ 2.85 & 2.75 in extension.

Alternative scenario: Above 3.17 look for further upside with 3.3 & 3.42 as targets.

Comment: as long as 3.17 is resistance, likely decline to 2.85.

Key levels
3.42
3.3
3.17
3 last
2.85
2.75
2.6

Copyright 1999 - 2013 TRADING CENTRAL
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30-Aug-2013 21:28 Oceanus   /   OCEANUS (No.1 in abalone farming): Venturing into       Go to Message
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All huat ah! Buy Buy Buy!!

Must go  and check what was the right issue price. Too long!   Forgot oredi!!

Tomique      ( Date: 30-Aug-2013 21:14) Posted:



Much ado about nothing!

Shareholders can now afford to laugh out loud knowing that there was no abnormal mortality.   In fact small amount of mortality is common affair. Moreover, most of the mortality is only on juvenile abalones that have zero worth and have no impact on the financials.   It is just losing a little bit of opportunity cost that these juveniles would provide some values in the future, but they died.   No real value was lost. 

So those who sold would buy back and those who did not buy will buy.   Oceanus will be hot on Monday.   Cheers. 

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30-Aug-2013 17:42 Oceanus   /   OCEANUS (No.1 in abalone farming): Venturing into       Go to Message
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Heng Ah !!

C. MORTALITY IS NOT MATERIALLY ABNORMAL

Following its on-site verification and more detailed status update by the PRC management, the Board is pleased to report that approximately up to 97% of the earlier mortalities of about 48 million population reported to the Board which occurred between 31 July 2013 and 6 August 2013 (the "

These uncaged juveniles were earmarked for culling and would have been culled subsequently as part of the Group?s selection process for choosing first-tier top quality abalones for selective grow out to the premium " three-heads" abalones which are sought after by the market. These recently bred, uncaged and unselected juveniles have not been reflected in the books of the Company and have zero value ascribed to them. Accordingly, the Board would like to confirm that the death of these juveniles has no direct material adverse effect on the financials of the Company. In addition, there should be no material adverse effect in the future prospects of the Company, as the Group still has sufficient juveniles for selection to meet the caging and production plans of the Group from the 2012 batch of abalones bred.

In respect of larger abalones, although mortality was marginally higher than normal during the Relevant Period, this was in line with what was expected in light of seasonal changes due to increased water temperatures. An expert engaged to offer his preliminary view into the cause of mortality concurs that part of the reason for the death was due to the consistently high water temperatures which remained around 28 ? 29 degree Celsius for the period. The Group?s management has put in place measures to increase oxygen and water supply and with the timely change in weather, the mortality figures have now decreased. Total financial losses arising from the recent mortalities (since 31 July 2013) in the Relevant Period are estimated to be in the range of RMB 1.0 million to RMB 1.5 million, which is not financially significant to the Company.
Relevant Period" ) were in respect of recently bred, uncaged and unselected juveniles (i.e. these are abalones which are less than 1 year old).

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30-Aug-2013 17:35 Oceanus   /   OCEANUS (No.1 in abalone farming): Venturing into       Go to Message
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The expected date of lifting of the trading suspension is on or around 2 September 2013.

 

LIFTING OF TRADING SUSPENSION AND

The board of directors (the "
Board" or " Directors" ) of Oceanus Group Limited (the " Company" ) would like to provide an update to the announcement of the Company dated 5 August 2013 on the request for trading halt (" 5 August Announcement" ) and the announcements of the Company on the request for trading suspension and the clarification on request for trading suspension dated 11 August 2013 (" 11 August Announcements" ).

A. LIFTING OF TRADING SUSPENSION


The Board is pleased to inform that the Company has applied for the trading suspension and the trading halt to be lifted. The expected date of lifting of the trading suspension is on or around
2 September 2013. In connection with the lifting of the trading suspension, the Board would like provide clarifications on the matters originally raised in the 11 August Announcements as set out below.

B. UPDATE BY THE BOARD OF DIRECTORS


The Board has, since the 11 August Announcements, come together to investigate and follow up on the matters raised in the 11 August Announcements using various approaches. During this period, the Board also held numerous internal meetings and engaged in discussions with the management team in the People?s Republic of China ("
PRC" ) and in Singapore to resolve the outstanding issues. In particular, four (4) members of the Board, including Dr. Ng Cher Yew, as the Executive Chairman of the Company and some of the newly appointed Directors, have, over the course of the last week, visited the farms and the operations in the PRC for on-site due diligence, and have held dialogues and meetings with the Group?s PRC management.

Based on the information obtained thus far, the Board is reassured that most of the operations of the Company are normal and the farms appear, in all respect, to be operating normally.

C. MORTALITY IS NOT MATERIALLY ABNORMAL


Following its on-site verification and more detailed status update by the PRC management, the Board is pleased to report that approximately up to 97% of the earlier mortalities of about 48 million population reported to the Board which occurred between 31 July 2013 and 6 August 2013 (the "

These uncaged juveniles were earmarked for culling and would have been culled subsequently as part of the Group?s selection process for choosing first-tier top quality abalones for selective grow out to the premium " three-heads" abalones which are sought after by the market. These recently bred, uncaged and unselected juveniles have not been reflected in the books of the Company and have zero value ascribed to them. Accordingly, the Board would like to confirm that the death of these juveniles has no direct material adverse effect on the financials of the Company. In addition, there should be no material adverse effect in the future prospects of the Company, as the Group still has sufficient juveniles for selection to meet the caging and production plans of the Group from the 2012 batch of abalones bred.

In respect of larger abalones, although mortality was marginally higher than normal during the Relevant Period, this was in line with what was expected in light of seasonal changes due to increased water temperatures. An expert engaged to offer his preliminary view into the cause of mortality concurs that part of the reason for the death was due to the consistently high water temperatures which remained around 28 ? 29 degree Celsius for the period. The Group?s management has put in place measures to increase oxygen and water supply and with the timely change in weather, the mortality figures have now decreased. Total financial losses arising from the recent mortalities (since 31 July 2013) in the Relevant Period are estimated to be in the range of RMB 1.0 million to RMB 1.5 million, which is not financially significant to the Company.
Relevant Period" ) were in respect of recently bred, uncaged and unselected juveniles (i.e. these are abalones which are less than 1 year old).

D. NEED TO IMPROVE INFORMATION FLOW AND MANAGEMENT REPORTING PROCEDURES


While the Board is pleased to be able to inform the shareholders of the Company ("

Accordingly, the Board would like to highlight the key immediate steps which the Company shall be taking:

(a) The Company?s existing Chief Financial Officer ("

(b) As earlier announced on by the Company 29 August 2013, Mr Wong Yew Ban has been appointed as CFO and Chief Operating Officer (designate) effective as

 

of 29 August 2013, to handle the financial management and subsequently to take oversight of the day to day operations of the Company. Mr Wong shall report directly to the Board and the Executive Chairman.

The Board is looking into making additional appointments to the management team to improve its management reporting structure, risk management, sales and marketing, and upgrade its production methods as well as introducing modern aquaculture technology and methods to its production farms. Further announcements of the appointments will be made as and when such persons are appointed by the Group.

The Company will make timely announcements to update Shareholders as and when there are material developments. In the mean time, Shareholders are advised to exercise caution in trading in the Company?s shares.

BY ORDER OF THE BOARD
Shareholders" ) of the normalized state of affairs in the Group?s farms, the recent events have highlighted the breakdown in the internal reporting process of the Company, and stressed the urgent need for the Company to improve its internal and management reporting process. The Board views the matter very seriously and is looking to progressively roll out changes to strengthen the internal control and management structures. CFO" ), Miss Yap Siew Khim, has agreed to resign. She will continue to serve out her three (3) months notice, or such other duration as the Company and Miss Yap otherwise agrees, while she hands over her job to a new CFO.

OCEANUS GROUP LIMITED


Dr. Ng Cher Yew

Executive Chairman

30 August 2013


UPDATE ON THE 11 AUGUST 2013 ANNOUNCEMENTS

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30-Aug-2013 11:15 OUE   /   OUE LTD worth buying for long term       Go to Message
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21c Dividend

Ex : 25/9
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30-Aug-2013 11:07 OUE   /   OUE LTD worth buying for long term       Go to Message
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CIMB: TP $ 3.32 Outperform

Special dividend of 20Scts

2Q13 results were weakmainly due to higher expenses. However, the highlight was the much-anticipated special dividend announced in view ofthe listing of OUE H-REIT. The balance sheetis due to strengthen and OUE can focus now on asset enhancements and possibly more acquisitions.


2Q13 core earnings was below expectations at 17% of our full-year estimate (1H13 at 36%) and 15% of consensus. We cut our FY13-15 core EPS by 20-47% but lift our target price (20% RNAV discount) to S$3.32 on the loss of income and accretion to RNAV from the REIT listing. Maintain Outperform, with catalysts from stronger office leasing and potential acquisitions.


Hit by higher costs again


2Q13 saw higher operating expenses once again, which led to a 40% yoy decline in core earnings. We understand this comprised 1) an additional S$2m-3m yoy spent on marketing and headcount expenses relating to Twin Peaks and 2) another additional S$2m-3m spent on legal expenses relating to the final closing of the US Bank Tower deal. Gross margins were also weaker yoy due to weaker performance from 6 Shenton Way Tower 1. However, the top-line remains robust, rising 16% yoy on higher occupancy at OUEB (c.90%+) and stronger sales recognition from Twin Peaks.


Special dividend declared


OUE declared a special dividend of 20 Scts and an interim dividend of 1Sct, in view of its listing of OUE H-Trust.


Overhang removed


The uncertainty of the REIT listing is now over. We expect OUE?s net gearing to drop to 35% in FY13, on impending REIT cash proceeds and a recognition of c.S$1.1bn revaluation gain. Next up will be the execution of asset enhancement initiatives to revamp its retail mall at ORP and the retail podium at 6 Shenton Way. Also we expect management to be on the lookout for more acquisitions, as it begins to build its fund management business. The stock?s valuation remains attractive at 31% discount to RNAV vs. the sector average of 28%, backed by a FY13 dividend yield of 7.8%.

https://brokingrfs.cimb.com/a1apHdH1Kv2DFTnnPz9u99qUdhOUDrsA8752LJdIf0Nm5gVoDhdDQN1EsA5bK1tIEz0VRRgguQQ1.pdf

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30-Aug-2013 10:52 F & N   /   F&N       Go to Message
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Dispute over Myanmar Brewery (By CIMB)

FNN?s JV partner in Myanmar Brewery has issued a notice of arbitration and given notice to FNN to sell its stake back to them. While management is not able to provide details for confidentiality reasons, it strongly believes that there is no basis for such an action.

 

What You Should Do

FNN will update accordingly on this case. Maintain Outperform for now. TP : $ 6.61

https://brokingrfs.cimb.com/69ETNv9v7XLSIK58LZ1__2ep7Fs3hE_j3ZrWpdAgC5X5yriHSZ5nyHMd5yfzRYtyjR9RSoTxPxs1.pdf

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30-Aug-2013 09:27 Vard   /   Vard Holdings       Go to Message
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Vard Holdings (VARD SP, MS7) -By UOBKH

Technical BUY with +12.5% potential return

Last price: S$0.88

Resistance: S$0.99

Support: S$0.76

BUY with a target price of S$0.99 with tight stops placed below S$0.835. The stock may rebound towards its gap down on 1 Jul 13, which may act as a potential resistance. Its short-term moving averages are turning up as its 10-day EMA looks poised to cross above its 35-day EMA. Its MACD indicator has hooked up and could move above its centreline. Watch to see if the stock could break above S$0.90.

 

 

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29-Aug-2013 21:31 Oceanus   /   OCEANUS (No.1 in abalone farming): Venturing into       Go to Message
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Deadline by this Sat.

WanSiTong      ( Date: 29-Aug-2013 21:28) Posted:

 

REQUEST FOR TRADING SUSPENSION

 

The Board has been unable to obtain a verification of the abnormal mortalities which started the day after the AGM from the Group's finance team. In view of the circumstances leading to receiving such a report, and the lack of verification of such mortality from the finance team, the Company decides to request for a trading suspension of the shares of the Company, to ensure that Shareholders and the public investors are not trading on incomplete set of information.


The Company is committed to making timely announcements to update shareholders on the above matter as and when appropriate by the end of August 2013. The Company will seek to lift the trading suspension as soon as it is appropriate to do so without compromising on the interests of Shareholders.

BY ORDER OF THE BOARD


OCEANUS GROUP LIMITED


Dr. Ng Cher Yew

Executive Chairman

11 August 2013


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29-Aug-2013 21:28 Oceanus   /   OCEANUS (No.1 in abalone farming): Venturing into       Go to Message
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REQUEST FOR TRADING SUSPENSION

 

The Board has been unable to obtain a verification of the abnormal mortalities which started the day after the AGM from the Group's finance team. In view of the circumstances leading to receiving such a report, and the lack of verification of such mortality from the finance team, the Company decides to request for a trading suspension of the shares of the Company, to ensure that Shareholders and the public investors are not trading on incomplete set of information.


The Company is committed to making timely announcements to update shareholders on the above matter as and when appropriate by the end of August 2013. The Company will seek to lift the trading suspension as soon as it is appropriate to do so without compromising on the interests of Shareholders.

BY ORDER OF THE BOARD


OCEANUS GROUP LIMITED


Dr. Ng Cher Yew

Executive Chairman

11 August 2013

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29-Aug-2013 20:43 ESR-REIT   /   Cambridge Ind Trust Results Announcement       Go to Message
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Cambridge Industrial Trust ST: short term rebound towards 0.704
Trading Central | 2013-08-28 23:02:00


Our preference: short term rebound towards 0.704.

Our pivot point stands at 0.619.

Our preference: short term rebound towards 0.704.

Alternative scenario: the downside breakout of 0.619 would call for 0.592 and 0.576.

Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the share stands below its 20 and 50 day MA (respectively at 0.66 and 0.7). Cambridge Industrial Trust is currently trading near its 52 week low at 0.61 reached on 29/08/12.

Supports and
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29-Aug-2013 16:59 F & N   /   F&N       Go to Message
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Lifting of trading halt : 8:30 am, 30/8/13
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