IFM Investments Limited (ADR) (CTC)

[Reters]

CTC, great legit china stock, with $7/cash and a TINY float, gonna get bought out or Huge stake owner any week/day now!!! When the deal closes, the stock will RUN UP Big on such a tiny FLOAT. In the mean time try to get some $1.60-$1.80 shares. It fluctuates big time during the day due to the 2.5mill TINY float, but when the deal gets announced, 1mill share volume will double this, 2.5 will triple it. Just position yourself and wait for PR which should now come with confirmation of MONDAYS PRconfirming last hurdle done and settled, Shareholders ended petition to block deal. This is century21 in china and EHouse wants it. Seems like easy money.... So I am buying my position in the range stated above. Worst case it gets stale and drops to $1.30s, Best case we get the deal and it flies. TINY TINY FLOAT makes 2x-3x gains no problem. RAH RAH RAH!

HERES SOME DD!!!!

WHY is Mondays PR aka news important ? EJ buyout now will happen Finally, regarding company’s talks with E-House.… This from CC in March

We remain interested in resuming discussions with E-House on the proposed transaction, pending a resolution between Century 21 China Real Estate’s founders and GL Asia Mauritius II Cayman Islands in relation to the petition filed by GLA in the Grand Court of the Cayman Islands.(Monday PR!)

This is from last year when a preliminary deal was struck between EJ & CTC deal still on but CTC has to finalize corporate actions with founders(mondays PR!!). They believe that CTC being sold to CHEAP.

Shares in New York-listed IFM Investments shot up 102% yesterday after big Chinese primary real estate brokerage E-House said it reached a preliminary agreement to buy a 37% stake in the company.

IFM holds the execlusive franchise for the Century 21 brand in China.

E-House, whose shares also trade in New York, will pay about $25 million.(EJ stake valued CTC at $13.50 share at current share count ) Chairman Zhou Xin said in a statement that the agreement will benefit both parties. (See details here.) E-House also controls Nasdaq-listed China Real Estate Information.

The purchase is the latest sign of consolidation and retrenchment among brokerages in the country at a time the government has been trying to put the brakes on property prices.

http://www.forbes.com/sites/russellflannery/2011/11/28/e-house-to-buy-stake-in-century-21s-china-partner-ifm-shares-soar/?partner=yahoofeed

http://www.century21cn.com/english/

NOTES/POSTS:
1) 100% Legit China co. about to get either a major stakeholder or bought out by EJ with current Market Cap about 10 MILLION $$$$ .... Maybe the easiest double/Triple/??? we ever had as few know about CTC or have done any DD. Century 21 China and a Goldman Sachs IPO that just cleared the way for the deal to finalize & IMO Only a deal is already on the table or done or else they wouldn't have settled!!!

2) Last EJ offer valued CTC between 65 & 70 Mill $$$ $13 to $14 a share!!! Now $2/share!!! IF we get half that valuation we hit a triple!!!!

CONNECT THE DOTS AND EHOUSE gonna em out, or become HUGE OWNER, PR of this deal closing sets this one off.....

GET SOME IMO. $1.60-$1.80 range great