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Is this acg also the same group that bought blumont, asiasons or liongold?
50% discount to 14c, can buy some to keep.
Less than three months ago (23 Jul), Chairman Zeng Fuzu sold a 29% stake to Asia Capital Group (ACG) at $0.14/share through a married share trade, which led to an internal restructuring exercise in the group over the quarter. Unionmet intends to consolidate its trading and smelting business of non-ferrous metals and related by-products in China to create synergies among its subsidiaries. Moreover, ACG's stake is just shy of the 30% level that will trigger a mandatory general offer for the company. Should such a scenario materialize within six months of the married deal, SGX rules mandate that the offer price will have to be tabled at a price not less than the $0.14 per share that ACG recently acquired for.
Sorry paste wrong counter I mean oakwell,,,
So far so good bbb is inside,,,,the price is very firm compare with all penny counter,,,may be good news we don't know ,,,,,
3Q13 net loss of US$404k more than doubled from a loss of US$185k the previous corresponding period, mainly due to the lack of other income from general trading (-91% y/y), higher staff costs and general expenses (+21%). This was despite revenue improving to US$8.3m (+20.6%) resulting from a 16.7% improvement in the ASPs of indium to Rmb3500/kg, as the group was not able to cover its operating overheads. Notably, Unionmet reported an unaudited cash position of US$28.6m and no debt, which translates to $0.058/share, compared to the last closing price of $0.067
All the support for stocks give way since last Friday. Today's the worse. Bloodbath everywhere
Octavia ( Date: 07-Oct-2013 11:18) Posted:
| unionmet also down badly...thgt got strong support at 10 |
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unionmet also down badly...thgt got strong support at 10
Time to short this again tomorrow!!!!!!
this unionmet can play many times... going below 10cts again... and we can all replay one more time. :)
wow... good shorting target!
Sold yesterday too.
aputako ( Date: 15-Aug-2013 14:36) Posted:
| Sold mine. Don't want to keep, looks like momentum stopped, may have second cascade upwards but not sure. Not bad for just a few hrs contra! Good luck. |
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aputako ( Date: 15-Aug-2013 14:36) Posted:
| Sold mine. Don't want to keep, looks like momentum stopped, may have second cascade upwards but not sure. Not bad for just a few hrs contra! Good luck. |
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wow........ can replay again!!! buay pai....... thanks BBs!!!
am waiting for it... hehe...
wendel ( Date: 18-Aug-2013 23:25) Posted:
Bros...seems like 107 can enter....it's a pullback for a bull run.
Pauperman ( Date: 15-Aug-2013 15:47) Posted:
| huat ah! all can go la kopi liao!
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Bros...seems like 107 can enter....it's a pullback for a bull run.
Pauperman ( Date: 15-Aug-2013 15:47) Posted:
huat ah! all can go la kopi liao!
wendel ( Date: 15-Aug-2013 15:41) Posted:
| Right choice! Hope u had gd kopi $$ |
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huat ah! all can go la kopi liao!
wendel ( Date: 15-Aug-2013 15:41) Posted:
Right choice! Hope u had gd kopi $$!
aputako ( Date: 15-Aug-2013 14:36) Posted:
| Sold mine. Don't want to keep, looks like momentum stopped, may have second cascade upwards but not sure. Not bad for just a few hrs contra! Good luck. |
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Right choice! Hope u had gd kopi $$!
aputako ( Date: 15-Aug-2013 14:36) Posted:
| Sold mine. Don't want to keep, looks like momentum stopped, may have second cascade upwards but not sure. Not bad for just a few hrs contra! Good luck. |
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Sold mine. Don't want to keep, looks like momentum stopped, may have second cascade upwards but not sure. Not bad for just a few hrs contra! Good luck.
Hope it can reach $0.117 today.
