It has been a little more than a year since we set up stockresearchasia.com in early 2015 to provide Asia based investors with proprietary stock research. While we did not envision it at the beginning, 2015 has turned out on hindsight to be a tricky year for investors to navigate in Asian equity markets. And […]
2015- Our encouraging first year scorecard Read More »
Recap As our readers would recall, we have made multiple warnings beginning from January 2015 (reports 1, 2 and 3) regarding what we see as unsubstantiated optimism over Memstar’s proposed US$420 million RTO of Longmen Group Ltd (“Longmen”), a private developer of coal bed methane (“CBM”) resources in Shaanxi Province, China. Over the course of
Memstar Technology Ltd- Time for Company to break the silence Read More »
Events since last update on 10 February 2015 (link) Memstar Technology Ltd announced on 6 March 2015 that it had entered into a 2nd supplemental agreement to extend fulfillment of key conditions precedent, that were supposed to have first been fulfilled by 31 January 2015 and then by 28 February 2015, to 31 March 2015.
Memstar Technology Ltd (Update no. 2)- One last chance perhaps? Read More »
Events since our first report (link) Trading in Memstar Technology Ltd was temporarily halted from 2 to 5 February 2015 in what must have been a nerve-wracking few days for its shareholders. Recall that in our previous report, we had highlighted risks relating to completion of the RTO, which is subject to a host of
Memstar Technology Ltd (Update)- Extended deadline highlights risk Read More »
Memstar Technology Ltd has surged 33.3% in the last one month since announcing a reverse takeover (“RTO”) on 20 December 2014 of Longmen Group Ltd (“Target”), a private developer of coal bed methane (“CBM”) resources in Shaanxi Province, China. While the announcement may be a welcome boost to shareholders of Memstar given that it has
Memstar Technology Ltd- Share price surge unjustified Read More »
