HFCK Inside info.
Transcentury pulled a media show in order to prove that its association with HFCK was what drove the share price upwards. CDC bought their story after HFCK share fell on 'cancellation of the deal'. The sale is still very much on track and could go through anytime now based on the initial price negotiated (Sh 12)
Board room talks are ongoing with a priority to speedily close the deal before the media and sepculators get to know. Of course no CMA approval is required as the act clearly states that any sale of any shares above 4% can be strnsacted off the NSE.
Lets wait and see what how this goes.
On another note, Q1, 2006 results for HFCK show a signicant jump in profits by 300%. I suggest buying of this share. They received praise early this year from CBK on clearing the bad debts they had provided for.
Board room talks are ongoing with a priority to speedily close the deal before the media and sepculators get to know. Of course no CMA approval is required as the act clearly states that any sale of any shares above 4% can be strnsacted off the NSE.
Lets wait and see what how this goes.
On another note, Q1, 2006 results for HFCK show a signicant jump in profits by 300%. I suggest buying of this share. They received praise early this year from CBK on clearing the bad debts they had provided for.
posted by Speculator at 10:29 AM
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