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Squirrel
Some years ago it was $3.50 to $4 and IPO was $3.05
Some years ago there was rumour of takeover and it didn't happen.
Now Chairman revealed in discussions to sell his shares to various parties.......
I think a lot of stuckists cant wait to get out..
Reaching 60 soon and its almost few years all time high...
Can it break your 60?
Chairman in talks to various parties regarding his shares....
Meaning he is selling his shares to " ?"
NAV 94 cent.
Now 55.5 cent
How much are they buying from him?
He has 48% of Delong shares.
Change of leadership and shares and how much will they pump it up?
Secret_Squirrel ( Date: 17-Feb-2014 16:56) Posted:
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RESPONSE TO SGX-ST?S QUERY REGARDING TRADING ACTIVITY
The board of directors (the ?Board?) of Delong Holdings Limited (the ?Company?) refers to the query on 12 February 2014 from Singapore Exchange Securities Trading Limited (?SGX- ST?) regarding the substantial increase in the price of the Company?s shares today (the ?Query?).
In response to the questions raised in the Query (which are reproduced below), the Board wishes to respond as follows:
Question 1: Are you aware of any information not previously announced concerning you (the issuer), your subsidiaries or associated companies which, if known, might explain the trading? If yes, the information must be announced immediately.
Answer 1: The Company and the Board are not aware of any information which has not been previously announced concerning the Company, its subsidiaries or associated companies which, if known, may explain the trading.
Question 2: Are you aware of any other possible explanation for the trading?
Answer 2: Following the Query, the Company was informed by its Executive Chairman and ultimate controlling shareholder, Mr Ding Liguo, that he is in confidential discussions with various parties in relation to a possible transaction involving the shares of the Company. Such confidential discussions are still ongoing and at this juncture, there is no certainty that the possible transaction will materialise.
Question 3: Can you confirm your compliance with the listing rules and, in particular, listing rule 703?
Answer 3 To the best of the knowledge of the Board, the Company is in compliance with the listing rules, and in particular, Rule 703.
By Order of the Board
Yeo Lee Luang Company Secretary
Secret_Squirrel ( Date: 17-Feb-2014 16:56) Posted:
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Can chiong to 60 cents this ?
OPEN 52 NOW 57
Secret_Squirrel ( Date: 16-Feb-2014 15:59) Posted:
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先 死 而 后 生
Shake off weaks and come back up again
Secret_Squirrel ( Date: 14-Feb-2014 22:44) Posted:
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Volume up, price down. Profit taking?
Next week is still a question mark.
Tomorrow will go up some more, because not much shares in the market.
I think those who bought under 40 cents previously will take profit.
Join us in FB and will know why
:)
PapaSmurf ( Date: 12-Feb-2014 10:07) Posted:
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Today up 10 cents (21.227%), higher than 10%. Volume also up. Can't understand why.
Today will up 10 percent
Refer to pauperman website
But volume is picking up. Previously was worse.
volume so low.. simply push also CAN UP SO MUCH LA
Secret_Squirrel ( Date: 11-Feb-2014 21:04) Posted:
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Today up 3.5 cents. Any good news?
2H NP up 163%
Net Asset Value per share (RMB) 4.50