News 
Market Data 
Discover
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
New profile pic idea: trying to start a trend here.
weeeeeee 
Congrats TBOWers....
http://en.prnasia.com/story/90512-0.shtml
TBOW- Might be time to take another stab at this pos...Morgan Stanley now the proud owner of 735k shares of TBOW (added 581k shares!). $1.46 going private still outstanding and we could see the pr any day now imo. Reason for NT filing today could be finalizing the deal. And how about this little tidbit in from the NT filing?? Looks like they are finally collecting those receivables (in a big way). They followed through on their promise. I think they will deliver some news after filing.
"The Company expects that the results of operations for the three months ended June 30, 2013 will reflect an approximate 97% increase in total revenues and a 48% increase in gross profit from the corresponding amounts for the three months ended June 30, 2012."
Strange chart here...just riding the 50 MA down but something has to give.
TBOW is hiring..
http://search.51job.com/list/co,c,2702247,000000,10,1.html#syzw
TBOW $0.80 : Why I'm betting against the herd:
Latest short data shows only 15k shares short. Now 100k shares available @ IB, was only 6k Friday...fwiw. I hate to beat on a dead horse here, but this simply looks like one or more funds exciting (and a huge opportunity). Not sure when they'll be done, but TBOW should be back over $1 when they are imho. That, and any time now we should be getting an update on the going private...I can't help but accumulate shares down here.
TBOW has already been targeted for delisting due to share price: (screw this, we're going private) http://alturl.com/xudzp and then again for late filing (halted for this, which they came out of unscathed, satisfying the SEC. Director resignation here a possible red flag) http://alturl.com/zp9t5
Read the proposal below; very good risk reward here imho, but as always nothing is a sure thing. Key points from the filing:
*Offer price : $1.46
*CEO/Chairman own 47% of the O/S
VeriFone owns 8%
*Days since offer: 222 (not unusual, WH took over 365 days!)
*Offer made by: CEO (Li Qiang) & Chairman of the BOD (Hou Wanchun)
*Special committee formed: yes
*Legal advisor retained: Cleary Gottlieb Steen & Hamilton LLP (GRRF,and YTEC used them, both closed the offers)
*Acquisition financing method: debt and equity capitol, discussions with VStone Investment Management Ltd. "We are confident that we will secure adequate financing to consummate the acquisition."
THIS IS BIG:
We are prepared to negotiate and finalize definitive agreements (the “Definitive Agreements”) in a timely manner.
Confidentiality. We will, as required by law, promptly file a Schedule 13D to disclose this letter. However, we are sure you will agree with us that it is in all of our interests to ensure that we proceed in a confidential manner, unless otherwise required by law, until we have executed the Definitive Agreements or terminated our discussions.
|
Followers
|
8
|
Posters
|
|
|
Posts (Today)
|
0
|
Posts (Total)
|
173
|
|
Created
|
06/02/11
|
Type
|
Free
|
| Moderators | |||
