South China Resources Share Discussion Threads

[valentine] 27/9/2007 16:29

The hare is running, I think.

[wolstencroft] 27/9/2007 16:22

would not surprise me to see some interesting activity e.g. reverse takeover etc. But this might involve massive dilution probably to get rid of the previous execs. Evolution might win but us shareholders might lose

krazykid: Are you day trading this - its very risky I would think! But we all make our own decisions and no one for sure knows where the share price is going.

[simonparker5] 27/9/2007 15:44

Glad I bought today now we have evolution on board. They have a good reputation for picking recovery plays.

[krazykid] 27/9/2007 15:39

There's our new buyer then...Evolution

[krazykid] 27/9/2007 15:26

I can't print my thoughts!

[simonparker5] 27/9/2007 15:13

wolstencroft my thoughts exactly.

[wolstencroft] 27/9/2007 14:59

well they 1) have a company 2) office and contacts in china 3) some cash

and alas 4) a bad reputation

But as a punt I suppose the share price could quite easily double or quadruple on any decent news

[simonparker5] 27/9/2007 14:06

Been out of these since the 10p days. Decided to buy 2 X 100K as they seem to have bottomed. A punt I know but I just can't help think there just might be something brewing in the background here. Some large trades today, from my experience usually precedes some price action. Mind you it may not be up!

[valentine] 27/9/2007 13:42

1.43 on the offer now. Not giving them away yet!

[nobull] 27/9/2007 13:30

Are some of the trades reported today from yesterday do you think? I see the RNS on JP Morgan no longer having a notifiable interest is dated yesterday.

2007-09-27 12:11:00 Sale 250,000 1.25 3,125 1.25 1.50 Normal
2007-09-27 11:45:00 Sale 150,000 1.25 1,875 1.25 1.50 Broker to Broker
2007-09-27 10:23:00 Sale 1,300,000 1.25 16,250 1.25 1.50 Normal
2007-09-27 09:50:00 Sale 300,000 1.25 3,750 1.25 1.50 Normal
2007-09-27 08:52:00 Buy 5,000,000 1.38 69,000 1.25 1.50 Single protected trans
2007-09-27 08:41:00 Sale 21,339,663 1.00 213,397 1.25 1.50 Block
2007-09-26 12:50:00 Sale 8,250 1.25 103 1.25 1.50 Late trade

[valentine] 27/9/2007 12:51

Someone took them and all the rest at or above the bid. 5m @ 1.35p is fantastic imo

[nobull] 27/9/2007 12:42

Well good luck Valentine. I wonder if the 5m at 1.35p was the remainder of their stake that is below the "notifiable interest"? i.e. JP Morgan perhaps have zero shares now.

[valentine] 27/9/2007 12:34

Nothing like the holding I had. Bought a few on the tickles..very few comparatively @ 1.5p..just a small punt on loser to nothing.

[nobull] 27/9/2007 12:34

Yes, I'm in need of a brain transplant.

[garymegson] 27/9/2007 12:27

and yet you still hold??? Does it really surprise anyone that they have given up!

[nobull] 27/9/2007 11:34

It is not good news at all. It means there is nobody of substance left to push the Board into doing anything other than letting the Board continue to enjoy spending the proceeds of the last placing on themselves. RAB only owns a tiny stake, JP Morgan have given up. SCR is such a mess it is not worth the bother of putting it right?

[valentine] 27/9/2007 11:07

Amazing! No remarks from the regulars?

Someone accumulating imo.

I'm sure they wouldn't give me that for my holding. lol.

Looks goods. Someone has to declare holding soon?

[dogm4n] 27/9/2007 10:54

5,000,000 buy just gone through at 1.375

[davethechef] 27/9/2007 08:22

Well, here's a crumb of comfort, we haven't been the worst preforming share, that honour goes to Subsea Resources!. Atleast, Matra Petroleum is looking attractive, where most of my funds are now, and have been since the early summer, could end up as one of those gems.

[okuta] 26/9/2007 10:16

Hi Si54,my TMF has expired so pls blast thro to my email.com,tks,my apols for OT ! , rgds g

[nobull] 26/9/2007 10:10

Thanks Wols. Pity. I probably wouldn't like the dilution of other projects. Have been to Afghanistan, so would have loved to invest in a single project company with good grades and a decent resource size there.

[simon54] 26/9/2007 09:28

Hi okuta. Do you use TMF? If so, here's a post of mine which you could reply to ticking the 'post reply to author' box (and unticking 'post to board), I could then contact you back:



Alternatively, if you want to put your email addy here I'll contact you and you can get back to me. Hope that helps.

[okuta] 26/9/2007 09:22

Sorry OT , Simon54 I follow all your comments on the various GGG threads,have you a contact address where I could ask you something OT if you have time please ? regards g