Value Partners, I love you and (all fund managers who buy into my holdings)!!!

My wish just got answered! Finally, it is announced in CIMB's report on 9 March 2006:"

China Lifestyle Food & Beverages Group has announced that Value Partners, a
prominent fund management company based in Hong Kong, has emerged as a
substantial shareholder. Value Partners’ stake represents approximately 5.07% of
China Lifestyle’s issued capital, or 21.6m shares. Major shareholder Alliance
Holdings, controlled by the founding family still own 72.4% of China Lifestyle,
followed by Value Partners of 5.07%, as the second largest shareholder. (China
Lifestyle)"

Remember I last blog that I hope for value fund managers to go into ChinaLifestyle!
Immediately, of all people, Value Partners, answered my call!!!
My initial guess is that DBSAM will become a majority shareholders since they are the IPO manager for ChinaLifestyle. My hope is now is DBSAM join in the fun since Singaporeans are risk adverse and with foreign fund into ChinaLifestyle, they may now want to put something into this bugger.
If this is also answered, I may consider setting up a booth outside GuanYin Temple at 4 horse Road (Maybe it's more profitable and less stressful than stock picking and trading)!
Before you got overly enthusiatic over Value Partners, plse be reminded that they are also the ones holding United Foods (I know a lot of valued investers are conned into this one!)

For those current Chinalifer, I think we can all hold on to it for a bit longer. You may also consider adding a bit more say additional 30% into the initial holding after the price spike (due to Value Partners' announcement today, price has spike 1-2 cents more.) is smooth.

Nowadays, it seems that it is harder to use TraderYap Ez3steps to make money as the market seems to be very edgy, up a while and then come down FAST!!!

LuoZhou and ChinaEssense is still my favourite for medium term investing! Think the upside is there but market is very undecisive, trading is not recommended but investing can be considered. My definition of investings means you have to hold more than T+1 so full payment is required.

For speculative positions, I just go into STIsgaECW060629 which immediately make money for me yesterday and just go into LMA due to its closed of above 93 cents and high volume.
Hopefully, this 2 buggers can make me some quick money while my ChinaLife grows bigger and bigger.

Today, the IPO for ChinaMILK will closed @12pm, if you have not subscribed for it, go ahead and do it.
It will be $1 well-spent.
The chance of getting an IPO at 1 lot is normally 1 out of 20 to 1 out 99 (for very very hot IPO!).
So assuming getting 1 lot and IPO price for ChinaMilk is expected to be 80 cents, a profit of $155 (ex-commissioned) can be realised.
Expected Value (IPO @ 80 cents) = $155X0.01 - $1X0.99 = $0.56
Do this a million times and you will be $560,000 richer!

TraderYap is now seeing a set of wheels for his Mercedes (Thank you, Value Partners!)!!!

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