Dear all,
Just to share what I have sent to my clients this morning (i.e. 5 Feb 2016), just a few minutes after market opens:
Sino Grandness announced yesterday night that it is calling for an EGM to seek shareholders’ approval for the proposed disposal and / or the proposed material dilution of 20% or more of the company’s shareholding interest in Garden Fresh, pursuant to the proposed listing of Garden Fresh (its subsidiary) on an internationally recognised stock exchange. The EGM will be held on 23 Feb, 10am. Please see the link here for the notice of EGM.
My personal takeaway is
This is a good piece of news. In my opinion, it signifies that the IPO stage has (finally) reached the end stage. If the IPO can progress, the concerns on its convertible bonds are likely to be alleviated as they are tied to the IPO. If Sino G can announce the submission of its prospectus, it is likely to re-rate higher.
Just to make some simplistic comparison, at $0.340, Sino G trades at an annualised 2-3x FY15F PE whereas its HK peers are easily trading at 20x FY15F PE.
Having said that, I wish to emphasise that there is still no 100% certainty that Sino G IPO can proceed. It just means that Sino G is getting closer to its IPO listing.
Chart outlook
Sino Grandness closed at $0.340 on 4 Feb 2016. There are two observations which I hope to see for the chart to be positive.
a) It should breach $0.355 – 0.360 (200D EMA and downtrend line since Aug 2014);
b) A better picture would emerge if Sino G can break $0.380. If it breaches $0.380 convincingly, it points to an eventual measured technical target of around $0.450.
Both points a) and b) should occur on a sustained basis with volume expansion. Conversely, a sustained break below $0.295 – 0.300 is negative.
Readers should do their own due diligence
Sino Grandness is a stock with high price volatility, driven by specific events. Readers should do their own due diligence before making their investment decision (whether to hold, buy or sell). Readers can also refer to this informative write-up on Sino Grandness posted on NextInsight today (click here)
Lastly, besides emailing my clients this morning, I have already alerted those active clients on 4 Feb evening and this morning (7+am) about Sino Grandness’ latest development. Readers who wish to be my clients can consider to sign up here.
Disclaimer
Please refer to the disclaimer here
I am really enjoying the theme/design of your website.
Do you ever run into any internet browser compatibility problems?
A few of my blog readers have complained about my blog not working correctly
in Explorer but looks great in Firefox. Do you
have any suggestions to help fix this issue?
You made some really good points there. I looked on the internet
for more information about the issue and
found most people will go along with your views on this site.
Hey there just wanted to give you a quick heads up.
The text in your content seem to be running off the screen in Internet explorer.
I’m not sure if this is a format issue or something to do with internet browser compatibility but I
figured I’d post to let you know. The design and style look great though!
Hope you get the problem solved soon. Many thanks
как доехать из щелково
до домодедово мрт адреса цены в сочи на ип абрамян краснодар прайс лист
хороший фитнес омск казань
доставка комплексных обедов круча на волге кострома где находится
Very interesting information!Perfect just what
I was searching for!Blog monetyze
I noticed that your ernest15percent.com website might be missing out on approximately 1K visitors daily. Our AI powered traffic system is tailored to enhance your site’s visibility: https://cutt.ly/3ehQFP9d
We’re offering a free trial that includes 4,000 targeted visitors to show the potential benefits. After the trial, we can supply up to 250,000 targeted visitors per month. This service could greatly enhance your website’s reach and engagement.
ермолино работа спб свежие вакансии спецавиа нпп ооо вакансии вакансии от кухонного двора
лучшие вакансии на сегодняшний день работа
водитель погрузчика в кемерово
свежие вакансии сегодня
farmaci in vendita a Trieste Haemato Senago médicaments
de qualité en ligne
ситуація в україні останні новини зараз змова до чого сниться маленька дитина
форум
місяць у 12 домі лев, місяць у 12 домі в скорпіоні
скачати аніме магічна битва анілібрія
pin up aviator, орлеу кз проблема шутер, проблемы с
интернетом алматы отечественное производство казахстана, отечественное производство казахстана эссе как написать электронное
письмо президенту рк, как написать письмо президенту, образец
молитвы в путь идущего к чему снится одеть перстень на
палец заговор от алкоголя на расстоянии от
снится покупать попугая пшено символизирует,
пшено что лечит
I see that your ernest15percent.com website may be missing out on approximately 1,000 visitors daily. Our AI powered traffic system is tailored to enhance your site’s visibility: https://ow.ly/P34L50TbTfX
We’re offering a free trial that includes four thousand targeted visitors to show the potential benefits. After the trial, we can supply up to 250K targeted visitors per month. This service could greatly increase your website’s reach and visitors.
Why users still make use of to read news papers when in this technological world all
is existing on net?
farmaci senza ricetta necessaria Nipro Susteren médicaments sans risque Belgique
I see that your ernest15percent.com website might be missing out on approximately 1K visitors daily. Our AI powered traffic system is tailored to enhance your site’s visibility: https://ln.run/VZn5V
We’re offering a free trial that includes four thousand targeted visitors to show the potential benefits. After the trial, we can supply up to 250K targeted visitors per month. This service could greatly enhance your website’s reach and traffic.
актеры казахстана женщины, казахстанские актеры и актрисы ата аналар жиналысына әдіс
тәсілдер, ата аналар жиналысы тақырыптары эко в астане цена,
эко в астане форум школа ралли алматы, ралли казахстан 2022
как направлен импульс силы, в процессе свободного падения тела его импульс как
списать абонентскую плату раньше срока,
как списать абонентскую плату
билайн казахстан саламандра обувь женская, обувь саламандра
распродажа жастарға өлеңі сатылай кешенді талдау, шәкәрім құдайбердіұлы жастарға өлеңі
приснилось что оторвались брекеты к чему снится подарок колготки к чему снятся
духи животных
1926 год по знаку зодиака приворот на земле
с могилы
I saw that your ernest15percent.com website may be missing out on approximately 1,000 visitors daily. Our AI powered traffic system is tailored to enhance your site’s visibility: https://ln.run/_s3yp
We’re offering a free trial that includes four thousand targeted visitors to show the potential benefits. After the trial, we can supply up to 250K targeted visitors per month. This solution could greatly increase your website’s reach and engagement.
Attractive component of content. I simply stumbled upon your web
site and in accession capital to assert that I acquire in fact loved account your blog posts.
Anyway I’ll be subscribing in your augment or even I achievement
you get right of entry to constantly rapidly.
что делает конструктор сайта как заработать
детям быстро читы для игры фрилансер как называется
работа удаленно печатать тексты
расценки стоимости работ деревянных домов на каких сайтах можно заработать реальные деньги
без вложений подработка ставрополь 16 лет
вечерняя подработка уфа для мужчин
түс жору айран ішу, түс жору жыныстық қатынас
декоративный краска для стен, декоративная краска для
стен алматы сағым жылдар скачать, сағым жылдар текст қазақстан құқықтық мемлекет сынып сағаты, құқық тәрбие сағаты бастауыш сынып
medicijnen kopen in Antwerpen zonder recept
Arena Valle del Guamuez medicijnen kopen zonder voorschrift was nog nooit zo eenvoudig
Having read this I thought it was very enlightening.
I appreciate you taking the time and energy to put this information together.
I once again find myself personally spending a
significant amount of time both reading and leaving comments.
But so what, it was still worthwhile!