Creo Medical Share Discussion Threads

[birdman101] 16/5/2010 19:52

Gents, news tomorrow I feel.

[longsight] 16/5/2010 14:25

mikeja - thank you for your gracious response. I will read the update & might consider buying in here when some funds become available.

[mikeja] 15/5/2010 09:40

I think the governance questions are addressed in their update last month.

[mikeja] 15/5/2010 09:38

longsight.on stegs note I unfiltered you.Thank you for the apology,no harm done.I am a trustee of the UK fundraising arm for CCF.Their work is really remarkable,have visited them in Cambodia and was bowled over by warmth and love of the children.Have a look at the videos on the website and we can begin to grasp how trivial our concerns are compared with what they have been through.
Maybe if CREO and WCC work out as we hope some investors will think of making a donation.If done thru the UK arm there is full tax relief.

[stegrego] 14/5/2010 20:29

Someone has clearly hacked Longsights account, as hes being nice.

[longsight] 14/5/2010 17:04

mikeja - I note that you do charity work for the cambodianchildrensfund.org, which looks a most worthwhile charity.

Please accept my apologies for annoying you on here. I hope I haven't offended you. I'd like to say that my posts have not truly been malicious, more a mixture of genuine scepticism & some juvenile naughtiness.

Since I did honestly look into CREO, I might invest here as I have always said that the shares are too cheap.

If you or someone else wd be kind enough to resolve my previous doubts about the integrity of the Board, I will buy in to CREO. Irrespective of whether someone does or not, I will not post any more negative posts here. This has been my only real reason for not buying CREO since they are clearly very undervalued.

Finally, in my defence, I do not believe that I have in any way damaged the share price here since I am sure that anyone serious about CREO has bought for the Singapore price & not the AIM price - so if my posts have damaged sentiment then presumably it has given you & others a chance to buy more at a cheaper price.

Sorry again & have a good weekend.

[birdman101] 14/5/2010 06:21

I think this is something that cannot be overlooked.

We were always going to get a bit of weakness into the change of listing as a few cannot take the sgx-st stock on.

[mikeja] 14/5/2010 06:13

Taking into account the fall in £ against RMB I reckon nav around £9.90 on basis Singapore valuation.UK gov is likely to let £ fall further and more falls likely over medium term.

[kimboy2] 12/5/2010 13:40

I would have thought a more sensible approach would be to examine the valuation of the assets rather than why people are buying or selling the shares.

[longsight] 12/5/2010 13:11

kimboy2 - I am fully aware that REO had to sell. But if CREO are really worth closer to £9 as argued on here, why were there no other buyers prepared to pay more than £3.30? Why could't REO or its creditors wait until Singapoe listing to get a more reasonable price. I have yet to hear a single explanation of this. The only one that makes sense to me was that it was a connived stich-up of REO's creditors.

What I have learnt is that the punters on this BB are easily satisfied because they are so fixated on the discount to NAV. So they don't want to look into these issues - and they just want me to shut up.

[kimboy2] 12/5/2010 12:18

I think the fact that REO sold at 330p is irrelevant. They were a forced seller and had probably depressed the price as such with an overhang of shares.

Many Chinese shares are rated poorly by the market. PMHL for example is valued at 60% of it's cash holdings and has other assets as well.

London's valuation of Chinese assets it would seem is not shared in other markets in the far east which is why they are planning on re-listing there.

[flip101] 12/5/2010 11:07

Yes I've now filtered the idiot. Arguing that REO made a value call to sell at 330 is just idiocy and shows no understanding of what went on. The directors all took a load of shares at this level so they obviously thought the price was very attractive.

[mikeja] 12/5/2010 10:34

Flip,why bother with shortsight,just a wind up merchant,just filter.
Picked up a few at 408

[longsight] 12/5/2010 10:15

Flip - it seems that you believe being rude to me is the best way of reassuring investors on here. But the fact is that the share price is down again today. No one is buying the shares. I believe "China Real Estate" is a name to make most investors run a million miles - understandably.

If you want to encourage people to invest here, why don't you make a decent case for it. Do you really think people will buy because you call me stupid? They need a more compelling case than that.

[flip101] 12/5/2010 10:00

No one is here to pander to your stupid questions. Details of the timing will be published within a week. The timetable for the move is prompt.

[longsight] 12/5/2010 09:06

Eddie - I don't ramp WCC & PMHL. I do not go on other BBs to mention them. I express my own opinion on them which it so happens is very positive.

I don't consider a stock being Chinese to be any sort of an extra risk at all. My idea of high risk is more like buying UK Banks.

I have said on here any number of times that in my opinion CREO's shares will make money for holders. Is that a deramp?

Eddie - why can't bulls on here provide some useful info - like when the Singapore listing is expected? For the record, posters on WCC & PMHL discuss all the time why the share price is low.

Finally, what is your beef? If the real action will begin when this lists in Singapore - why are you & others so bothered if I explore the negatives?

[eddie1980] 11/5/2010 23:28

Longsight - I really do find your attitude on this board compared to PMHL and WCC strange. Your quote ' I note the share price has fallen back a bit the last few days. Any of the bulls got a view on this?

Well, haven't all three shares fallen back in the last few days. Any views on that? Two you ramp to high heaven, the other you slate without any interest. How about the added risk of all the shares being Chinese based.

[longsight] 11/5/2010 18:48

Oh it's secret iformation? How can there be an exact date if there has to be a prior Application to the Court which has not yet been approved.

Seems that the bulls on here have nothing to say - meanwhile the share price has fallen by almost 20% from its recent peak of 480p.

[flip101] 11/5/2010 17:56

I know the exact date and so do all major shareholders so stop banging on.

[longsight] 11/5/2010 12:41

I note the share price has fallen back a bit the last few days. Any of the bulls got a view on this?

[longsight] 11/5/2010 12:40

Strange that no one on here has any idea when the Singapore listing might come through. I note that there is a Court Application in Singapore required first to reaarange the Co into some form of Singapore Trust. Anyone any idea when this Application will be heard & hopefully approved? Is the Application just a formality or is there some risk that it will be knocked back?

[longsight] 11/5/2010 11:34

Does anyone know when they are hoping this might list in Singapore? Couldn't find any indication of possible timetable.

[longsight] 10/5/2010 19:16

Eddie - I'm not a speculator & I wd keep WCC even if it stayed listed on AIM since I believe in the business, its management & its markets. Simple really. The shift to HKex listing makes sense for them since they will more probably get a sensible rating there for the shares.

I also think CREO are right to relist in the Far East & I reiterate that I think the share price will go up - to what extent corp gov issues prove a constraint on that we will see.

Since this BB is obviously intended to be totally uncritical as per "mikeja", please feel free to filter me but I researched CREO & found matters which I didn't like. "mikeja" has invested a cool £300k here - so don't expect him to acknowledge these issues.

Good luck & no real need to demolish my arguments since the Singapore mkt, assuming the listing gets the go ahead, will decide & this BB will prove irrelevant.