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No more buyback from 2nd Chance these two days (Sept 5 and 6) ...
only 5 lots traded at 41cts .
...... the rest at 40.5cts ...
on the contrary... i think they are holding..today sti down day ... so maintain price loh.... shhhhhhh..... and no need to talk so loud here ..heehee
tedsokny ( Date: 05-Sep-2012 09:27) Posted:
| today start quiet liao...seems BBs run liao...now they play the W17 |
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This bugger has gone up from strength to strength. Good counter to keep. Advances in technologies create opportunities for companies like 2ndChance.
today start quiet liao...seems BBs run liao...now they play the W17
The public float actually very small. High chance.
1234567 ( Date: 17-Aug-2012 18:14) Posted:
http://info.sgx.com/webcorannc.nsf/AnnouncementTodayByCompanyNameAndCategory/A4623CEB2B6192A848257A5D0027C6C7?opendocument
Founder and CEO holds 63.1% now!
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MOHAMED SALLEH MARICAN 63 years
Founder & CEO
Member, Nominating Committee
Mr. Salleh Marican is the founding shareholder of the Group and has
been Chairman and CEO since incorporation. He has 35 years of retail
business experience.
In 1988, he won the inaugural Malay Businessman Award, jointly
organised by the Singapore Malay Chamber of Commerce and Berita Harian.
In 1996, he received the Entrepreneurship Excellence Award that was
conferred by Lianhe Zaobao and the Entrepreneurship Development Centre
of the Nanyang Technological University. In July 2011, he was accorded
the Berita Harian Achiever of the Year 2011 award.
He served 3 years National Service and left with the rank of Lieutenant.
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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Good observant... bryancbq. 2nd Chance only bought 3.5% of today's volume.
BB is in ! Something is brewing here that make BB buying ...
What does it mean by cancellation of shares? When they do that, means the total number of shares in the market decreases? possible privatisation?
Today 2ndChance only bought back 551k shares out of the total volume of 16M shares, at $0.395. It means BBs have come in and generated such unusual high volume and they pushed the share prices up to $0.405 at close. This is a departure from the past one month trend where 2ndChance is the only 'BB' buying up the shares.It also means that the stock price movement will be larger with new players in the picture. Interesting.
If we were to look in-depth into today's buyback, it accounts only 3.5% of today's volume. So, who else is buying ? Who's buying the other 96% ? Why ?
http://info.sgx.com/webcorannc.nsf/AnnouncementTodayByCompanyNameAndCategory/11938186176F8C1848257A6F00308CB8?opendocument 15926
stockseeker ( Date: 04-Sep-2012 19:03) Posted:
Another round of buy backs today.... They buy and the cancel the shares. Wow... Cash-rich?
Any kind soul here would like to enlighten readers here?
I read somewhere that this is one way of boosting share value of a company. Any other intrinsic reasons?
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Another round of buy backs today.... They buy and the cancel the shares. Wow... Cash-rich?
Any kind soul here would like to enlighten readers here?
I read somewhere that this is one way of boosting share value of a company. Any other intrinsic reasons?
tea4u, no need to wait for Oct 2012 earning/dividend annoucement .... hehehe
3rd highest volume in STI (correct as of 3:50pm) ..... it is the first time if my memory serves me right !
so what is brewing ? No news declared in SGX website yet !
shhhhhhh.....!!!! mai kong.....heehee
14 million shares traded by 10:30am. ... what is the news ?41.5cts now ..
Got in at 405. Hope got more upside :)
big action today.
Seems like 2ndChance took all the shares queuing at 0.395 at closing.
I'm contented with current price .., 