Latest Posts By risktaker
- Supreme
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27-Jan-2010 16:04 |
Genting Sing
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GenSp starts to move up again
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haha u cannot imagine one :P might have to sell house liao if this carry on lol
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27-Jan-2010 15:59 |
Genting Sing
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GenSp starts to move up again
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reached Genting Limit liao ... Cao Cao ur playing with fire :P
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27-Jan-2010 15:24 |
Genting Sing
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GenSp starts to move up again
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lol damn almost forgot about the stupid bond conversion.... "Almost PRESS the eat all button" lol |
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27-Jan-2010 15:13 |
Genting Sing
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GenSp starts to move up again
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lol i know pure gambler can camp there one :P i really dont think they exist ... until i know them lol. Some even know each other and take turns to squat on good slot machine lol :) FYI they bring towel & toothbrush too
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27-Jan-2010 15:09 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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CNA .... sibei sian..... the mei mei failed..... if i turn on CNA i rather switch on CNBC :) | ||||
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27-Jan-2010 15:07 |
Genting Sing
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GenSp starts to move up again
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CaoCao love to play eye blinking haahaa :) Lets dance Caocao | ||||
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27-Jan-2010 13:02 |
China Sports
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New Year 2010 Ang-pow
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On 7 January 2010, Yeli Sports (China) Co., Ltd signed an agreement with Global Brands Group to become the authorised master distributor of FIFA Collections throughout the PRC. The collaboration with Global Brands Group to market FIFA sports and lifestyle products is consistent with the Group’s strategy to expand its footprint in the PRC sports fashion market. It will strengthen its product offerings and enable the Group to establish a presence in the mid-to-high end sports fashion market. To leverage on the Group’s appointment as master distributor of the FIFA Collections, the Groups intends to establish a distribution network for FIFA products through the launching of FIFA modular stores and FIFA Official Event Stores, and to promote FIFA products through advertising and promotional activities. Details of such plans are set out in Part IV(3) of this Offer Information Statement. Aside from the foregoing, the Group also plans to construct a new multi-complex within its existing factory, which would include new showrooms for FIFA and YELI products. The cost for the construction of the multi-complex is estimated to be approximately RMB 30 million. The Group is in advanced stage of negotiation to acquire an industrial plot for the construction of a new manufacturing facility in Fujian Province. Upon completing acquisition of the industrial plot, the Group will commence construction of the new plant which is estimated to take between 2 to 3 years from commencement of the works to completion. The estimated costs of acquiring the industrial plot and construction of the new plant are between RMB150 million to RMB180 million. Thats the reason why share placement instead of using its own cash reserve as they are intending to built new plants :P I am vested for long term. Good luck
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27-Jan-2010 11:09 |
China Sports
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New Year 2010 Ang-pow
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Last to add :P If i am their Boss i will go for dual listing in HK. Especially with this FIFA deal. If i am thinking like this I am sure the boss will do it soon :P
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27-Jan-2010 11:04 |
China Sports
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New Year 2010 Ang-pow
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Zhuge Liang Investment Funds - lets look @ china sports facts sheet China Sportings Goods Industry is estimated to worth around RMB 66 billion in 2007, RMB 70 Billion in 2008 , RMB 70+ Billion 2009 and for 2010 we expect the industry to expand by 10-15% reaching RMB 80 Billion this year. An increased of disposable income will give the market momentum to grow even more in the next couple of years. Industry Market Size: RMB 80 Billion for year 2010 China Sport Mkt Cap: S$163.161M - After Share Placement China Sport Total Share: 962,125,000 China Sport NAV: 0.195 (after dilution) Trading range for China Sports PE ratio: 4.0 - 5.0 (after dilution) China Sports Price: 0.185 - yesterday closing China Sports Loans: RMB $20 million (Very insignificant, can clear off the loan anytime but I believe theres a business reasons "You loan from me I will introduce you more OEM deals - think in that direction should be right" for this small loan) China Sports Cashflow: Estimated RBM $869 million - Strong cash reserves Recently acquire Master Distribution for FIFA apparel. ------------------------------------------------------------------------------------------------ Lets do a analysis on china sports with all the given facts. The 20 million funds injection from PI will allow China Sports to prepare itself for the coming FIFA world CUP.Building of New FIFA Official Event Stores and FIFA Modular Stores which are mainly located near or inside YELI stores. Therefore it increase consumer traffic to YELI stores as well as enhancing YELI brand equity. It will strengthen the Group’s product offerings and enable China Sports to establish a presence in the mid-to-high end sports fashion market which is in line with the group strategy. (Especially if u notice that ChinaSports is increasing its speciality stores) We estimated the FIFA football lifestyle clothing and accessories market to worth at least US $2 billion in China. 4 main categories of FIFA Collections include apparel, headwear, footballs and bags. more details about FIFA world CUP pls refer to http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_18819922E49686B5482576B3002C6383/$file/CSI_Placement_Press_Release-220110.pdf?openelement We will be expecting Chinasports to gradually gaining market share in the coming quarters. A Sharp increase of revenue is expected in the coming quarters. ChinaSports should be trading 15-20x @ $0.80 - $1.00 in coming months. Well still provided BB wanted to push it up :) GOOD LUCK & Do your Own Research. Strong Buy Recommended :) |
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27-Jan-2010 09:57 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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oh ... my friend told me yesterday STI 100% sure CROSS 3000 pts :)
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27-Jan-2010 09:52 |
Genting Sing
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GenSp starts to move up again
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I was there last week :P haiz If not u think everyone say sell I keep buying :) U think i am crazy or idiot meh lol
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27-Jan-2010 09:50 |
China Sports
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New Year 2010 Ang-pow
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This Coy is good :) Very strong cash flow BTW anyone know when will ChinaSports release their results ? I have spare cash now haha may enter CS again :)
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27-Jan-2010 09:42 |
Genting Sing
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GenSp starts to move up again
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ya i know a girl who lost a house in australia in casino lol then his BF bail her out :P Damn rich chinese
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27-Jan-2010 09:41 |
Genting Sing
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GenSp starts to move up again
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A real Gambler doesnt care 100 :) Its true most of my friends doesnt win hehe. I saw my relative and friends kinda addicted and sure go casino when theres one of course got to limit them per trip, its a kind of pleasure really:P I bet you will see a lot of retiree in the casino next time :P They went in and will camp there LOL I used to live beside a casino for 5 years in australia lol when I go visit there i am no there to gamble but to accompany my relative there and watch them lose money. I dont have luck ah so I can only use brain to earn :)
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27-Jan-2010 09:36 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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http://www.youtube.com/watch?v=TIeVAAHSfBA&feature=related Be happy ok :) I love that CNY song. |
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27-Jan-2010 08:54 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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ok let me see osim :P
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27-Jan-2010 08:45 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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which share ur affected ?
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27-Jan-2010 07:18 |
ChinaMilk
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China Milk
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yeah i am sorry things have changed...
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27-Jan-2010 06:09 |
Genting Sing
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GenSp starts to move up again
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heehee :P 100 ok la a lot of people in singapore dont mind one :)
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27-Jan-2010 05:41 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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Most foreign funds are out yesterday. so selling is min today. But focus will still be on Chinese and Hong Kong market. My good friend told me yesterday that chinese funds will return after chinese new year..... There might be no big chinese rally haiz.... Still got rally ... but not very strong one.
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