Rowsley only got small parcel of land, this one got 900 acres with H S train as well. rowsley land transport need upgrade as 1.3 Km from NEW MRT jb terminal
A smart move by Tan Sri Danny Tan to inject his prize Iskandar Landbank into Singapore Listed Company as he knows that Singaporean will be comfortable to buy a property from its local company especially when it is publicly listed !
those who don't buy physical pprty iskandar turn to holding Rowsley and Albedo and real projects they can see and 6.9M population cant squeeze comfortably into one island who need more land for transport and roads
Takes time lah for RTO to happen but in Rowsley it is already materalised all approvals from Malaysian and S'pore sides obtained..need only thur 5 Sept EGM-shareholders sure approved..haven't approved Rowsley already new highs..imagine
CHANGE IN CAPITAL :: RIGHTS ISSUE :: EXPECTED DATE FOR THE LISTING AND QUOTATION OF THE NEW SHARES ALLOTTED AND ISSUED ON 30 AUGUST 2013
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touted as the next Rowsley but with land size 45 times bigger. Eco world cluster houses and semi D need balloting to show how hot mkt in Iskandar is with speculators coming to Eco world from every where
shortist taking on the Iskandar bull will no doubt be crushed by Iskandar hot run. Buy and hold is good alternative to buy physical pprty in Iskandar which has doubled from 700 psf to 1300 psf in just 10 months , more specuvestors converging on Iskandar watch out
fyi, extracted from Lim & Tan's article dated 13/9/13:
For example, yesterday?s top volume counter Albedo (which traded 1.266bln units) had started trading at 6.6 cents, hit an intra-day high of 7.7 cents before closing at 6.3 cents. ? This volatility was also widely seen in other microcap and penny stocks. ? Historically, when this happens, major stock broking houses could put trading curbs to avoid potentially racking up huge contra losses. ? What is also worrying is that those who have been following our daily share transaction table would also notice that key insiders of these micro-cap and penny stocks have been capitalizing on the sudden burst of interest in their stocks to off-load in the open market via married trade (or placement). ? Given that these are the smart money, we would thus caution against further chasing these microcap and penny stocks and would instead be looking to ?follow the smart money? and sell as well
this news might not be so pleasant but when he sold at 0.070, the price of the stock went down all the way to 0.063, creating panick. Lim Soon Fang was surely laughing all the way to the bank and that was really smart money for him.
But if you guys see how the price has been supported these few days, i think the value of the stock is much higher than 0.070.
Lim has done a throwdown in August from 13% to 10% and that too does drop in the shares.. but look at what happened? The shares are much higher (remember he throwed at 0.050 and he went in again at 0.047?) He could be buying back again.
Another thought to ponder would be when someone throws, who is buying it up? 75 million shares is huge and i believe there is some accumulation going on.
Hoping for a spike within these few days. HUAT AH!
ruready ( Date: 16-Sep-2013 18:53) Posted:
Lim soon fang sold 75milliin at 0.0708cts,,,,,!!!!!!
daylight robbery the land r agriculture land for planting oil palm and vegetables how can be worth billions and listing status of albedo can not be swapped away at 2c, min mkt price average for last month lah, stop the daylight robbery
introduction share to introducer, 1 phone call worth millions and why must shareholders pay for the million dollar phone calls, the seller must always pay from his own pocket, SGX enforce mkt rules. SGX can also introduce RTO counters to tycoons and make millions why let phone chat fella make
how can agriculture land be transferred to non citizen, Msia garmen got National Land code but no body cares nor enforced, are albedo shrholders to breach National Land code
Shr holder rights has ben well and truly trampled upon and SGX have to teach those Msian Tycoons they cant do that in Spore otherwise all other tycoons will queue up to give Spore shrhlders another raw deal, the companies act and listing manual have failed the investing public if the deal goes thru in its present bad for minority form
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Nallayak
310 posts
Posted by Nallayak > 2013-08-30 21:09 | Report Abuse
900 acres of fh land in iskandar, definitely the new not the next Rowsley, move over p lim