China Growth Share Discussion Threads

[petersmith6] 30/10/2013 20:44

Indeed...it dose

[euclid5] 30/10/2013 20:27

It's not that straight fwd as you say - because it depends how much they raise & the dilution factor which lowers the NPV etc.

But reading the report further the 20m warrants that were given to Scarborough along with the 20m shs are convertible at 5p each - so a bit of confidence there

[petersmith6] 30/10/2013 20:22

If someone said ..lend me a million to make you a billion ..what would you say.

[euclid5] 30/10/2013 20:14

what are pi's thoughts regarding the section on pg 1 of the March 2013 report that mentions they will have to have a further fund raising programe to enable the co to have an active investing strategy?

hxxp://www.chinagrowthopportunities.com/pdf/CGO-Financial-Statements-2013.pdf

Big question is how much wil they raise & what dilution will this cause - will it be a SEDA debt facility

[tomboyb] 30/10/2013 16:32

I wonder if share buyback is being implemented - astounding volume 13.4mill - that's almost 20% total equity traded obviously churned!

[petersmith6] 30/10/2013 16:15

500000 buy ..more please

[petersmith6] 30/10/2013 16:00

I all about contacts then...sounds like my good old days in construction. ..Most of the best deals were done behind closed doors with q couple of bottles of scotch.it wasnt what you knew...but who you knew... a little local knollage andvthe right oil and the cogs will turn in our favour. ..and if the people in hong kong and China get a little stock ...its in their interest for cgop to rise

[tomboyb] 30/10/2013 15:46

I think McCabe is a lot bigger than just the 28% here -

It's what he and his partners will bring to the table here - The investment case in many sectors is beginning to take off - In particular Technology and property -

[petersmith6] 30/10/2013 15:36

And nooooobody buys 28% of any firm if there is any risk of loosing money.

[petersmith6] 30/10/2013 15:04

28% shows convition..

[tomboyb] 30/10/2013 15:02

McCabe Paid 1p for his 28% - I think holders are close enough but MMs may drive it lower for day traders -

[moormoney] 30/10/2013 15:00

Amazing ride today, I'm in for a few now. No smoke without fire so now the we know no reason rns is out of the way....let the fun begin! Holding will pay off. IMO

[petersmith6] 30/10/2013 14:53

This is long tearm ride.i can wait.

[tomboyb] 30/10/2013 14:51

Traders will get sucked out today - so see how low it goes. 4.2 to 1.65p now -

[petersmith6] 30/10/2013 14:30

Still plenty of buys coming in.

[euclid5] 30/10/2013 14:17

only issue here is the last set of accounts mentioned having to do a placing to raise funds

[petersmith6] 30/10/2013 14:16

So ..next stop 10..or 30p

[tomboyb] 30/10/2013 14:15

WINS - constantly on offer now BIDDING for stock

[petersmith6] 30/10/2013 14:15

Well spotted. ..there are several things going on in the background to get the share price moving. .

[tomboyb] 30/10/2013 14:13

I wonder if they are implementing the share buyback as well -

[petersmith6] 30/10/2013 14:05

4.2 was an over reaction..1.7 is still good .

[tomboyb] 30/10/2013 13:44

1.75p on offer - massive climb down from 4.2p -

[kirk2] 30/10/2013 13:29

about to move again very hard to buy at these levels

[tomboyb] 30/10/2013 13:23

Good luck trying -

[abbott4303] 30/10/2013 13:12

No reason for share price increase .
Can I buy in at 1p I wonder ?