Banyan Tree

Re: Banyan Tree

Postby iam802 » Tue Sep 09, 2008 7:05 pm

Continuous support from the Ho KwonPing

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2. The trend will END but I don't know WHEN.

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Re: Banyan Tree

Postby LenaHuat » Tue Sep 09, 2008 8:23 pm

Hi iam802

Welcome home.
There is a very interesting market bite at ShareJunction abt this ticker. :lol:
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Re: Banyan Tree

Postby iam802 » Wed Sep 10, 2008 8:35 am

GFH sells Banyan Tree desert resort

http://www.gulf-daily-news.com/Story.as ... ueID=31174

MANAMA: Gulf Finance House (GFH) has agreed to sell the Banyan Tree Desert Resort and Spa to a Singaporean investor for an undisclosed sum.

The award-winning development is part of GFH's Al Areen project, being built over two million square metres in the Sakhir area, aimed at attracting families and eco-tourists.

GFH chairman Esam Janahi confirmed the sale of the resort in a statement sent to the GDN and said the investment bank would continue to own the rest of the Al Areen project.

"The sale of the Banyan Tree Resort and Spa, Bahrain is a further indication of the strength of GFH's concepts and their appeal to investors in the wider marketplace," he said.

However, GFH officials were not available to comment on why the bank had decided to sell the resort or identify the buyer.

It will now be managed exclusively by its new owner.

1. Always wait for the setup. NO SETUP; NO TRADE

2. The trend will END but I don't know WHEN.

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Re: Banyan Tree

Postby kennynah » Wed Sep 10, 2008 9:58 am

iam802 wrote:Continuous support from the Ho KwonPing


did u mean a continuous support "from" or "for" HKP ?
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Re: Banyan Tree

Postby iam802 » Wed Sep 10, 2008 10:11 am

should be 'from'. (But, I may be wrong)

If I recall correctly, there are some SGX announcements about BIBACE INVESTMENTS LTD (which he is deemed to have interests) increasing the stakes.

http://info.sgx.com/webcorannc.nsf/0357 ... enDocument
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2. The trend will END but I don't know WHEN.

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Re: Banyan Tree

Postby kennynah » Wed Sep 10, 2008 10:18 am

ok thanks 802...appreciate this clarification....
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Re: Banyan Tree

Postby winston » Fri Sep 12, 2008 2:35 pm

Not vested. From DBS:-

Banyan Tree is downgraded to Hold from Buy, target price reduced to S$ 1.08 (Prev S$ 1.68). The current political unrest
in Thailand, where Banyan Tree currently derives the majority of its revenue from, is threatening to de-rail its lucrative
tourism industry. Long-term growth plans and exciting prospects in the medium term remain attractive
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: Banyan Tree

Postby winston » Thu Oct 02, 2008 9:24 am

Wah... Somebody trying to accumulate or distribute Banyan Tree ?

Did not expect this counter to be on the top turnover..

No news on SGX website..
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Re: Banyan Tree

Postby helios » Thu Oct 02, 2008 9:27 am

pop pills ? ... ?
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Re: Banyan Tree

Postby LenaHuat » Fri Oct 03, 2008 8:40 am

I'm awaiting the answer with unabated breath - accumulation or distribution :roll:
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