SSI is going against the market trend now well bid at 34/5 with little selling a sharp move upwards on any good news is very likely..
SSI has very strong connections into China and has recieved a Mandate from China Gaming ,this company has applications for KENO permits from the Govt. I have heard that China gamein is very close to the well known CITIC Pacific Group I suspect its a lot deeper than this,but if SSI with only 15 mill on issue become a listing veichle the $$$,let alone its value in GCN shares.
It has been announced that GCN will be involved in any deal as its mobile portal has the ability to become a virtual digital TV broadcaster of results. The telco infrastructure in CHINA is very well suited to this and fits in nicely with CITI Pacific assets
tommy Member Australia 339 Posts Posted - 12/05/2005 : 12:44:26 AM --------------------------------------------------------------------------------
Hi all GCN/SSI watchers,
Interesting that you mentioned CITIC dieter, I have been keeping an eye on CITIC too for a while...
SSI and GCN are interesting but I find it very difficult to assess their fundamentals because their share price seems to be supported primarily by forward-looking statements and unrealized gains (especially SSI). That said, they are still definitely worth keeping an eye on
Good luck to all holders!
-------------------------------------------------------------------------------- Respect TOMMY
Australian Stock Exchange Company Announcements Platform Dear Sir/Madam Re: Significant transaction The directors of Sino Securities International Ltd (“SSI”) wish to advise that the company has entered into an agreement regarding a transaction that will have a major positive financial impact on the company. Accordingly, the directors request a trading halt to the company’s shares pending the release of a separate announcement to the ASX. Yours sincerely Richard Li Managing Director Sino Securities International Ltd
also I found this on that other forum.
Well Angus -Alpha, we have copped continuous crap from you for years on these two stocks, I suggest you get off the merrygoround,
On SSI entry to CHINA gaming looks a certainity, a search of the share register sees Mr Bruce Mathesion as its largest shareholder, OH !! its a little coincident that he has more slots machines under his control than Kerry Packer.
Keno in China is Govt regulated and at a recent tender for Permits SSI mandated partner was possibly successful,being Govt regulated means a quick path to success.
GCN and SSI shareholders will participate in this venture (see previous announcement)..
Australia 339 Posts Posted - 16/05/2005 : 3:39:10 PM --------------------------------------------------------------------------------
Yo Steve,
Well done mate, SSI up 114.29% now to $0.75. literally skyrocketing! I never actually got to hold SSI unfortunately, I didn't expect SSI to take off so soon!
Anyway, congrats for the good pick
-------------------------------------------------------------------------------- Respect TOMMY
quote: -------------------------------------------------------------------------------- Originally posted by tommy
Yo Steve,
Well done mate, SSI up 114.29% now to $0.75. literally skyrocketing! I never actually got to hold SSI unfortunately, I didn't expect SSI to take off so soon!
now i just need another couple to take off like SSI as well!
cheers mate.
tommy Member
Australia 339 Posts Posted - 16/05/2005 : 8:43:43 PM --------------------------------------------------------------------------------
Hi Steve,
Great to see that your have truly been given a high reward for this high risk investment! (I was too scared to make a punt!!)
I suppose you're gonna hold SSI for a while to see how high it can go in the days ahead... or have you already sold some? Sell side has been very thin!
Do you have any other potential multiple-baggers in your radar at present?
-------------------------------------------------------------------------------- Respect TOMMY
quote: -------------------------------------------------------------------------------- Originally posted by tommy
Hi Steve,
Great to see that your have truly been given a high reward for this high risk investment! (I was too scared to make a punt!!)
I suppose you're gonna hold SSI for a while to see how high it can go in the days ahead... or have you already sold some? Sell side has been very thin!
Do you have any other potential multiple-baggers in your radar at present?
I sold down half this afternoon, i'll see what happens over the next week or so in relation to the rest - there could still be some more value to be had....
As for potential multi-baggers, i'm still trying to find another SSi-type scenario....but Robbo's pick POL looks like it has some potential.....
dieter Junior Member
13 Posts Posted - 17/05/2005 : 10:54:30 AM --------------------------------------------------------------------------------
This game has only started, I would expect Bruce Mathesion (slot king in Aust) who is a major shareholder to give a hand.....
I am not kiddin its a $10 stock,sure there will be many ups and downs,but this could be the Tattersalls of China.
Its taken me two years to accumulate a few,so I am not a seller
Damo79 Member
Australia 78 Posts Posted - 17/05/2005 : 11:54:20 AM --------------------------------------------------------------------------------
Hats off to you Steve. Thanks for trying to bring this cash cow to our attention. Much to my dismay, I did nothing except put it on a watchlist and procrastinate over it. You've done well and I'll try and not be too green with envy .
SSI is consolidating nicely at 80c after a terrific rise...
Bruce Mathesion--the Australian Pub King and over 15000 slots to his credit---is in his element---would not surprise to see him take a board seat to expidite China Entertainment,not only that Bruce is great mates with Kerry Packer,Kerry has just linked up with Mr Ho in Macau,but if he wants in China mainland he will need a better connection,would not surprise if he joins the new bandwaggon.....
Also sifting through what has been released so far GCN will play a major role,its mobile888 portal is just whats is needed to deliver wirless gaming,those crafty chinese will inherit GCN control when CE is merged-----I bet they have a plan here....
GCN price could surprise all.....its not easy to buy SSI as only 15 mill on issue ,but GCN under 7.0cents is another matter
SSI Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
