China Fishery Group Ltd

SGX (SGD): China Fishery (B0Z)

Last Price

0.076

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0

Prices
Date Open High Low Close Change Volume
Discussions
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BHSL

why ?

2014-02-07 12:08

sykn

CFGL fell from a 52-week high of 85.5 cents to 31.5 because before acquiring Copeinca, it was doing badly. The greatest challenge in this acquisition is whether what is essentially a Chinese company can integrate and synergize the fishing operation of a Peruvian company and do well. My own assessment is that the jury is still out, so though I am vested (I'm a newbie and my valuation skills were terrible then), I dare not buy more. In any case, after all the hullabaloo this morning, the share price has only risen 1 cent from yesterday's closing, so you won't lose much if you dive in to get some more now.

2014-02-07 14:03

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