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(21-03-2016, 09:23 AM)Shrivathsa Wrote: Another 3% up today so far.
This one though is on very low volume, (so far).
http://www.reuters.com/article/us-sharp-...SKCN0WM021
The Foxconn offer is lower.
It seems a bit far fetched to say the Foxconn sharp deal can result in this sudden jump
Unless it materializes into tangible orders for the new panels that CDW developed, otherwise how would that help CDW?
So far there is no such news
My hypothesis is that the new venture incorporated in Bangladesh is for manufacturing purposes, and if there is investment in manufacturing facilities, they must have secured orders.
If it is indeed related to manufacturing, it bodes well because the fact that it's a separate location from their existing facilities means that it's related to new orders for the newly developed panels
Interesting
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(21-03-2016, 10:04 AM)GFG Wrote: (21-03-2016, 09:23 AM)Shrivathsa Wrote: Another 3% up today so far.
This one though is on very low volume, (so far).
http://www.reuters.com/article/us-sharp-...SKCN0WM021
The Foxconn offer is lower.
It seems a bit far fetched to say the Foxconn sharp deal can result in this sudden jump
Unless it materializes into tangible orders for the new panels that CDW developed, otherwise how would that help CDW?
So far there is no such news
My hypothesis is that the new venture incorporated in Bangladesh is for manufacturing purposes, and if there is investment in manufacturing facilities, they must have secured orders.
If it is indeed related to manufacturing, it bodes well because the fact that it's a separate location from their existing facilities means that it's related to new orders for the newly developed panels
Interesting
I shouldn't be saying this in valuebuddies, but in the short term, a share doesn't need a valid reason to jump up suddenly by so much  it could be someone wants to 'fry' it up
Long term wise, CDW 's balance sheet still looks good
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21-03-2016, 10:43 AM
(This post was last modified: 21-03-2016, 10:44 AM by BlueKelah.)
Well the obvious thing to explain the share rise is the blangadeshi announcement. Now it's out, share price would just stabilise again. Fit the pattern.
Two million sounds about right for setting up a factory. Think cdw got 3million when they sold one of their china factory couple years back.
However blangadesh is more of a textile hub. Interesting it be picked as production base unless cdw is planning big Push into INDIA market which would be a very very big thing.
if the Taiwan partner for developing new light guide is hon hai foxconn , this could be a change of major customer as cdw leaves sharp and makes hon hai major partner thus quick setup of this new factory
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(21-03-2016, 10:40 AM)ngcheeki Wrote: SGX query regarding trading activity on CDW!!
http://infopub.sgx.com/Apps?A=COW_CorpAn...deada0bbb1
I will not be surprised if there is a person at SGX monitoring VB for shooting out trading query requests.
Especially in light of the 'fry' comment
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(21-03-2016, 10:40 AM)ngcheeki Wrote: SGX query regarding trading activity on CDW!!
http://infopub.sgx.com/Apps?A=COW_CorpAn...deada0bbb1
and then probably comes the standard reply:
- no, the company is not aware of information not previously announced
- the coy is not aware of any possible explanation of the trading
- the coy complies with the rules
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(21-03-2016, 10:40 AM)ngcheeki Wrote: SGX query regarding trading activity on CDW!!
http://infopub.sgx.com/Apps?A=COW_CorpAn...deada0bbb1
At least someone in SGX is doing his job....
Although what can one expect?
CDW, like all the numerous other companies, will give the standard reply, saying they are in compliance, are unaware of any news etc.
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yes standard reply... but SGX intent is to highlight these companies
Attended a speech by the SGX surveillance and seems they have software to monitor the trading volume and sometimes they contact the company personally first before issuing statements. And if there are actually something that might be substantial they actually allow some operational lag first as they investigate
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
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(21-03-2016, 02:41 PM)GFG Wrote: (21-03-2016, 10:40 AM)ngcheeki Wrote: SGX query regarding trading activity on CDW!!
http://infopub.sgx.com/Apps?A=COW_CorpAn...deada0bbb1
At least someone in SGX is doing his job....
Although what can one expect?
CDW, like all the numerous other companies, will give the standard reply, saying they are in compliance, are unaware of any news etc. LOL looks like we all can qualify to be the contact person between SGX and companies regarding their queries...
Reply from CDW:
"Question 1: Are you (the issuer) aware of any information not previously announced concerning you, your subsidiaries or associated companies which, if known, might explain the trading? Such information may include events that are potentially material and pricesensitive, such as discussions and negotiations that may lead to joint ventures, mergers, acquisitions or purchase or sale of a significant asset. You may refer to paragraph 8 in Appendix 7.1 of the Mainboard Rules for further examples. Reply: The Company is not aware of any information not previously announced concerning the Company, its subsidiaries or associated companies which might explain the trading.
Question 2: Are you aware of any other possible explanation for the trading? Such information may include public circulation of information by rumours or reports. Reply: The Company is not aware of any other possible explanation for the trading.
Question 3: Can you confirm your compliance with the listing rules and, in particular, Mainboard Rule 703? Reply: The Company confirms its compliance with the listing rules and, in particular, Mainboard Rule 703."
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new name for this kind of pump and dump :
attack of the ah beng speculators.
looks like they just rotated through CDW
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