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.
thanks for all the PM's had a lot of family things this past weekend.
Looks like that new company is looing for franchise buyers. They are from Singapor. They have an intresting concept. Wonder why they are only opening in NY vs CA too.
It took him more than three years to move all his assets into alset inc. He haven't sold one share since the merge! Technically the o/s unchanged as of March 31, 2022.
Market cap 22 million that is equal to current cash 22 million. On top of that the value total current assets worth more than 110 million. Nobody knows the company more than Chan. If Chan is silently accumulating more shares on the open market then he must have a good reason to support his action. Imho. He won't get paid this year so what's he waiting for?
If he is successful with upcoming three IPOs then the payout is well worth it. Imho.
On December 20, 2022, Mr. Chan acquired 600,000 shares of the Issuer's common stock. This transaction was executed in multiple trades at prices ranging from $0.1557 to $0.2614. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide, upon request of the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
(2) On December 21, 2022, Mr. Chan acquired 322,384 shares of the Issuer's common stock. This transaction was executed in multiple trades at prices ranging from $0.1755 to $0.19. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide, upon request of the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
(3) In addition to the 77,078,375 shares of common stock held directly by Mr. Chan, Mr. Chan also indirectly owns 6,380,000 shares of common stock held by HFE Holdings Limited. Mr. Chan has sole voting and investment power with respect to the shares held by HFE Holdings Limited. Mr. Chan is the beneficial owner of 83,458,375 shares of the common stock of Alset Inc.
More share acquired during the month of November.
Common Stock 11/23/2022 P 400000 A $0.217 (1) 75427030
Common Stock 11/21/2022 P 300000 A $0.1804 (1) 74727030
Common Stock 11/22/2022 P 300000 A $0.1904 (2) 75027030
common Stock 11/17/2022 P 42759 A $0.1598 74127030
Common Stock 11/18/2022 P 300000 A $0.1741 74427030 (1)
Common Stock 11/25/2022 P 144325 A $0.2292 (2) 75571355
AEI: 8K: On January 13, 2023, Alset Inc. (the “Company”) received notice from the Nasdaq Listing Qualifications Staff (the “Staff”) that the Staff has determined that the Company has regained compliance with Nasdaq’s minimum $1 bid price per share requirement.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1750106/000149315223001427/form8-k.htm
very possible especially if he wants to take it provate. Get all he can before he has to make the high price offer to get the last shares.
games pump it up then sell-off most likely chan awaiting in the darkness under $2.00
yes up 8% maybe someone knows something or MMs are playing a game
you would expect filings./ yes
but its lots of buys on no news while tracking a bit north low volume
yes it looks like same old same old.
I wonder if he doesn't run it up so he can take some proffits to rebuy when he lets it drop.
but he would have to report those moves.
movin up a bit / but seen this movie b4
right i do think so too but also we need that real news from chan if he is ever going to really speak out about alset
aei must get over $3 to get back pre reset
yes but the SP is caught in a tight range 10.11-10.17 mostly ar 10.14
warrants don't seem to be moving
money pouring into acax
well vol preceeds price so mybe we get big bounce
I agree. Acting better.
107,624 volume over one million dollars again ACAX
AEI SPAC
CURRENT VOLUME ACAX STOCK 67,824
THIS COMPANY ACAX IS SPAC BY ALSET AEI
NOT thinking taking private
spac is positive sign not going private
but lots of peeps have posted on many s/m sites rumors about private
i think its just noise
its hard to say for sure what he is doing, but he could take it private
SEEMS chan is maybe driving awareness first ahead of other news > HOPEFULLY $$
thanks for this. I'll have to look more into it. Not sure where they have current locations, but sounds like a place the 30-40 age group will be most interested.
What are your thoughts?
I was gone most of yesterday. It was date day but filed with Dr apointments which actually ruined it until we met with friend at one of ourr favoite resturants.
seems chan is buying up ACAX ACAXR ACAXW
LOTS OF RECENT VOLUME ? WHO ELSE WOULD BUY
everyone ACAX ACAW ACAX RUNNING HUGE TODAY
Even a price of $3 is only .15 pre split This has to go to $6 or so for almost anyone here to be getting close to even.
Could happen very easily with news. But the CEO never releases news so.....
thanks for the PM and yes we are about to see a massive sell off. Iff Chan intends to buy he will wait until there is blood in the streets ie close to 24,000 on dow, with up ticks aalong the way.
Our FL trip just got canceled doesn't look like the place will be repaired in time.
thanks for the PM's I have reduced my possition but still have shares. I fear they will take this private at these low prices. With all the buys by Chan the SP is still in the tank. However Van Guard and Fidellity are still holding
movin up surprisingly
Could very well see under $2 tomorrow with the final 2 days of tax loss selling. Which is under 10 cents pre split.
I actually don't have a problem with the RS. 1 for 20 isn't bad and it leaves around 7.5 M OS....which makes the stock VERY runnable. And the company doesn't seem to dilute.
The issue is the CEO does nothing. I wonder if he is actually an insane person. Seriously.
It hit .11 today pre split. So down about 50% in a week. The CEO's favorite thing in the world seems to be buying shares and collecting them like baseball cards but doing nothing with them.
Very odd.
Hopefully the stupid CEO is happy now. Never saw a brain dead like this guy.
Am I wrong or did he half the worth of his 70 million shares within one day?
Yes, unfortunately. Although, a reverse/split is necessary in order to satisfy minimum listing requirements and to avoid getting delisted from the exchange. This is happening all over the major exchanges in this very bearish market during a proposed "booming" economy as we supposedly "build back better." The result of the stock(s) in question? Short-sellers just drive the price back down alongside naked-shorting MMs until the PPS gets below the minimum listing requirements, yet again. #RinseAndRepeat
Therefore, the issue at hand is way beyond just $AEI and countless other companies that have been affected by the circumstances. Sure, everyone should consider fundamental analyses when considering investment options, but at some point humanity as a whole needs to address the underlying market corruption and manipulation that could eventually destroy the markets altogether. But alas, regulators are reactionary and not preemptive in carrying out their assigned duties. Realistically, the situation looks bleak.
Just my two cents (now valued as $0.002), thanks to the aforementioned. ;)
That ceo must have mental disorders...
Reverse split done?
That's my guess.
AEI other info: Ticker DSS: 35,213,416 shares of common stock held by Alset Inc.; (d) 21,366,177 shares of common stock held by Alset International Limited, a subsidiary of Alset Inc.; and (e) 6,232,671 shares of common stock held by Global Biomedical Pte. Ltd., a subsidiary of Alset International Limited.
https://www.sec.gov/Archives/edgar/data/771999/000149315222035493/xslF345X03/ownership.xml
are they going to take this private by buying out at these low prices
Maybe something will be voted on by shareholders, that will be of benefit to shareholders.
Form 4: CEO bought another 922,384 shares for a combined total of 83,458,375: 56% of the O/S 148,507,188
https://www.sec.gov/Archives/edgar/data/1261725/000149315222036303/xslF345X03/ownership.xml
thanks for the PM I was gone almost all day and will be in Drs. apt all afternoon today.
The vol spiked and no news. So someone who knows something must have been buying We'll know if there is follow through today. If not that climb to .26 was P&D group. We have a few days of major markets climbing to retrace a portion of the 4 day drop. Then all hell breaks loose for the majors. Safest move will be to get into RYDEX short fund in majors jmo.
$AEI Pathetic stupid silent. Why Chan won't issue these news?
— POWERBATTLES (@powerbattles) December 16, 2022
On December 9, 2022, Alset Inc. (the “Company”) entered into an agreement with Alset EHome Inc. and Alset International Limited, two majority-owned subsidia... https://t.co/csN5bP7vpI
Regulators pretty much force companies to reverse/split.
I think this is the one you PMed me on. We are in an official BEAR market. I am lightening up on this one. They lost $$'s in the last 1/4 and RE is not looking healthy. also manufacturing droped .06 in Nov as did retail sales at a time going into Christmas should be rising. I am increasing my short possiiton by useing the RYDEX short funds for the 4 major market. This Bear should last into 2024 Wtching gold/silver they look right for a play especially in the PM stocks with divs. In theory the PM stocks should rise while major market stocks will fall div yield on S&P should go down to 5-6% while Div yield on PMs drop to 1-2% as prices rise as of now I see many at 4-8% Bear markets are not a time for risky plays. good div staocks allow one to increase a portfolio. OH Jeep is layong off 1350 as they see austo sales dropping. The tight new car market is about to gte hammered.
thanks for the PM as for the RS I fear it will still occur. The big owners don't seem to care as they have the same % of shares. If they can get the SP up it could attract buyers. Get it out of penny land.
it has .25 in earnings down from .39 still has possitive earning. They need to gte onto a better exchange such as NYSE.
was there a phone conference this am?
AEI: 8K
https://www.sec.gov/ix?doc=/Archives/edgar/data/1750106/000149315222034347/form8-k.htm
Item 1.01 Entry into a Material Definitive Agreement.
As previously disclosed, on October 28, 2022, 150 CCM Black Oak Ltd. (the “Seller”), a Texas Limited Partnership and an indirect, majority-owned subsidiary of Alset Inc. (the “Company”), entered into a Contract for Purchase and Sale and Escrow Instructions (the “Agreement”) with Century Land Holdings of Texas, LLC, a Colorado limited liability company (the “Buyer”). Pursuant to the terms of the Agreement, the Seller agreed to sell all of the approximately 242 single-family detached residential lots comprising a residential community in the city of Magnolia, Texas known as the “Lakes at Black Oak.” The parties agreed that the lots would be sold at a range of prices, and the Seller will also be entitled to receive a community enhancement fee for each lot sold.
On November 28, 2022, the parties to the Agreement entered into an amendment to the Agreement (the “Amendment”). Pursuant to the Amendment, the Buyer will now proceed with the purchase of approximately 131 single-family detached residential lots, instead of 242 lots.
The closing of the transactions described in the Agreement, as amended, depends on the satisfaction of certain conditions set forth therein. There can be no assurance that such closing will be completed on the terms outlined therein or at all.
The Seller shall be required to develop and improve the property at the Seller’s cost pursuant to certain development plans and government regulations prior to the closing described above.
This Agreement, as amended, to develop and sell lots for single family homes is an integral part of our multi-pronged strategic approach to managing our real estate business. In addition to developing and selling lots, the Company retains other properties for future projects.
Followers
|
64
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
6630
|
Created
|
02/16/21
|
Type
|
Free
|
Moderators SmellMyFinger |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |