.

This is where the fun begins!

Boring or what ?

I'm firmly staying in and will be taking a paper share certificate so that i'm not delisted!

Greyhound - Exactly what I'd like to do but my shares are held in a Hargreaves SIPP and they've said they will not deal on HK - thus awaiting to see what options I'm given but would hate to have to let these shares go.

Hoping I can transfer into my own name

Do you mean transferring them out of the SIPP into your own name Joe (can't see them agreeing to that) ?

Guess you may be right Dil, so will have to sell SIPP, buy elsewhere. As I suspect there'll be oull backs along the way, this may well proove to be an opportunity should I get my timing right !

I'd have thought you could find someone to be able to transfer - only guessing?? We clearly don't want to miss first days of HK trading. There was no announcement of the results - are they keeping back other developments and good news for an electric HK start?! I've just been looking at TD Waterhouse - they support HK share trading for those transferring (like me) from online broker that doesn't support HK deals - or I might take a share certificate and trade through my traditional broker. I haven't seen any weekend comment - more vertical moves this week....

I am now all out, thanks WCC, been a great ride from just over 100p levels, I have been selling at stages all the way up and now finally am all out.

Been a cracker of a run, but a profit in the bank is worth more than something on paper.

With the potential for a large fund raising at listing in Hong Kong, for me, near 600p is fine to sell out at and let others carry the can now for more gains or stagnation on dilution.

Proselenes - very well done!

Wrong time to sell, up another 80p already :-))

Some of us find it difficult to get in at the bottom or out at the top ravey so settle for what we can grab in the middle.

Been falling like a knife since you posted :)

Dil

Those "some of us" posters are the more reliable in that they are more likely to be telling the truth about their positions :-))

Another good rise here last week and probably not long before confirmation that the Hong Kong listing has been approved. Then some more fireworks all being well.

Greyhound, there will only "might be" fireworks if there is no "money raising" at the HK listing time.

If they choose the listing time to raise loads of money and get lots of HK funds on board at nice prices - then the fireworks might not happen.

The easy money has been made, now there its more difficult, potential is there, but not as much as when this was 100p :)

it's certainly a strange stock to trade with wide spreads and low volumes and lumpy movement ..... i have long broadcast my dislike of chinese stocks, but this certainly looks to be one of the more honest ones

in the immediate future, i think this just could jump higher, for i note sp has hit its 640 ceiling yet again, but with impetus currently behind the markets, now could be the time for that stubborn resistance to be breached

Pretty sure we've already seen no fund raising confirmed. I missed it at 1 but in at 250p and higher, but I still think this has a long way to go. Listing in HK could well be closer to HKD1. With prospective PE of roughly 5.5x, still very cheap. Quite like the currency play too with CNY revaluation back on the agenda, even if it doesn't happen quickly, it will happen at some point.

Will be interesting to see if the WCC listing gets put back.... again.


http://uk.finance.yahoo.com/news/hong-kong-s-ipo-market-hits-the-brakes-afp-c37c777c92be.html?x=0


Hong Kong's IPO market hits the brakes

Peter Brieger, 6:59, Sunday 9 May 2010

Hong Kong's IPO market -- the biggest in the world last year -- has hit the brakes with several companies shelving share sales as the Greek debt crisis pounds global markets.

Swire Properties, a major real estate developer in the city, Thursday pulled a planned 3.09-billion US dollar share sale, just two days after Giti Tire, China's largest tyre maker, shelved a 500-million dollar initial public offering.

On Friday, iron ore producer China Tian Yuan halted its 522-million dollar issue, Dow Jones Newswires reported, citing an unnamed source.

The shelving of the.......................

......

And it is, put back that is.

RNS just out.

Postponed. Looks like they are trying to raise money with the listing..............

hope you don't hold too many of these, not that it's a bad company ...... it is fast becoming a question of how much one should have invested in the markets at all