ChinaMinZhong - DiaryPost 06-Dec-2012
olympus the 3rd largest shareholder is likely the one that did a married trade with someone, from bloomberg.
I didnt know olympus actually has stakes in this company but do they know CMZ businesses? Probably they do. Will this trigger a similar like incident like Temasek on Singtel?
GIC also has stakes in CMZ as well, what if Olympus sold his shares to GIC instead?
Many whys....but, embrace the volatility.
My thoughts :
So, share price fails to hold the 80cents despite married trade at 80 cents. Share prices has fallen more than 5 cents since then. Next support is around 70 cents.
Volume is decreasing as the market closes today. What is the perspective of the SM? To drive the stock prices down and accumulate more at premium prices? before pushing them up again? Maybe, as long as the married trade party is not that chui...
Important thing to take note : SM, has been painstakingly chionging/holding the stocks at 80 over cents for the past few days, thus today downmove is probably a planned move to do it lower. I will not be surprise if stock goes lower the next few day and then chionging back to 80 cents or higher.
Till then, embrace the volatility like i said.
I didnt know olympus actually has stakes in this company but do they know CMZ businesses? Probably they do. Will this trigger a similar like incident like Temasek on Singtel?
GIC also has stakes in CMZ as well, what if Olympus sold his shares to GIC instead?
Many whys....but, embrace the volatility.
My thoughts :
So, share price fails to hold the 80cents despite married trade at 80 cents. Share prices has fallen more than 5 cents since then. Next support is around 70 cents.
Volume is decreasing as the market closes today. What is the perspective of the SM? To drive the stock prices down and accumulate more at premium prices? before pushing them up again? Maybe, as long as the married trade party is not that chui...
Important thing to take note : SM, has been painstakingly chionging/holding the stocks at 80 over cents for the past few days, thus today downmove is probably a planned move to do it lower. I will not be surprise if stock goes lower the next few day and then chionging back to 80 cents or higher.
Till then, embrace the volatility like i said.
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