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China Everbright
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China Everbright
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SAVIORFOREVER
Supreme |
29-Apr-2019 15:32
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Game over?
Trade with prudence
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Route2Retire
Member |
29-Apr-2019 15:21
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I am still cautiously optimistic about this stock, stars seem to to be in line for them to list if Market conditions stay this way. Like all HK IPO, first day should be a bang, especially given the Everbright name. I will be out of this stock by then. Bought in @ 0.485 and 0.49. Just trading the volume.  |
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easywin
Supreme |
29-Apr-2019 15:06
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Aircraft with  all latest  high tech equipments possible land on sea?
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happyboy588
Senior |
29-Apr-2019 14:54
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i still feel when the final allotment price come out. the price will gap up again. | ||||
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SAVIORFOREVER
Supreme |
29-Apr-2019 14:49
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Land on the sea?
Trade with caution
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easywin
Supreme |
29-Apr-2019 14:34
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Hehe.. No delay already takeoff smoothly and shall expect to land  at 16:45  
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Battle123
Elite |
29-Apr-2019 14:30
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Where got flight
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gravity8888
Supreme |
29-Apr-2019 13:59
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Hahah flight delayed | ||||
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SAVIORFOREVER
Supreme |
29-Apr-2019 13:50
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Did the flight crash during takeoff?
Trade with prudence
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Route2Retire
Member |
29-Apr-2019 13:25
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Took 0.49. In the queue @ 0.485. In the queue to sell @ 0.495 and 0.50.
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SAVIORFOREVER
Supreme |
29-Apr-2019 13:19
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Great job. Lackeys of BBs.
Trade with DOYDD |
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Route2Retire
Member |
29-Apr-2019 13:06
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0.485/ 0.49. | ||||
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Route2Retire
Member |
29-Apr-2019 13:02
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Ermmm unfortunately no halt, matched 0.495. Opened 0.49/ 0.495 after lunch break. Earlier sold 0.50. in the queue @ 0.49 to Buy | ||||
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Route2Retire
Member |
29-Apr-2019 12:37
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Yup that is correct you will be referring to the serious big boys. TBH, those big boys would have taken in the shares long before this period of Dual Listing. Imagine I had wanted to believe in this story and was vested since 1 year ago. The price then was 30 - 40 cents. I believe there are also those big boys or funds who will buy into SG now especially if the disparity of price is huge compared to HK. But we need to take not, price disparity is based on current, no one knows what will happen in a month or 2 down the road. That is why there will always be the arbitrage premium.  I am sure there are those in this forum who have opt to transfer shares to HK in the 1st batch, I hope it is in time for 1st day list. Like i mention, the worst scenario is seeing the price run up and then come down while the shares are still not free. Best scenrio of course if price keep running. But I prefer to have all my cards on hand rather than hope. Haha! |
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SmallSmall
Supreme |
29-Apr-2019 12:16
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Leaving the issue of shares in transit alone and the contra players wouldn't the more serious investors buy from here if the price disparity is big enough? After all if the global offering can be priced at said $0.60 wouldn't those same guys who got the shares at the global placement IPO price also want to buy here since they are already forking out more there?
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Route2Retire
Member |
29-Apr-2019 12:09
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Yes you are not wrong, the issue will be then even though the shares are fungible, the cross border transfer is not instaneous. This will only benefit those long term players or big boys who intend to hold shares that trade both SG and HKEx.  Hence both prices will not be exact. I.e HK really prices it really high, it will lure Buyers in SG to get it and transfer. I just hope that when the shares are free to sell there the party is still on. Worst scenario is while shares are transit, you can do anything.So it comes back to those who plan to hold long and have shares both market.
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happyboy588
Senior |
29-Apr-2019 12:07
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anywhere mention the allotment price will come out this noon? | ||||
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SmallSmall
Supreme |
29-Apr-2019 12:02
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So in theory if they in deed can place out the new shares at a price that is higher than here logic would seem that those (not contra players)  who did not get the shares there will buy here. Afterall you are getting the same fungible shares at a potentially much lower price? Shouldn' t this arbitraging then lift the price here towards the fixed price?  Since there is no precedent, guess got to just see how it the whole process will play out. Not trying to induce buying or selling. Just figuring out.
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easywin
Supreme |
29-Apr-2019 11:55
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Flight CX652 to Hong Kong will takeoff at 12:55 | ||||
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SmallSmall
Supreme |
29-Apr-2019 11:54
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I believe this is the first SGX listed company which is seeking a dual listing on HKSE with a global offering with a Public offering price that is not pegged to the price here. Correct me if I am wrong. So far all the company here seeking dual listing on HKSE do not offer new shares.  |
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