Wednesday, 22 January 2014

SPRE - BULLISH BREAKOUT AT $0.285 ~ SOMETHING HAPPENING TAKE PLACE SOON ~

This is one of the oldest reinsurance companies listed on SGX-ST. SINGAPORE REINSURANCE CORP(SPRE) Its substantial holders are:
1.Fairfax Financial Holdings Limited 1
27.46%
2.Oversea-Chinese Banking Corporation Limited 2
8.42%
3.Great Eastern Holdings Limited 2
8.42%
4.United Overseas Bank Limited 3
6.01%

From the chart seen today, we feel something happening such as MERGER ACQUISTION or PRIVATISATION may occur very soon. VERY STRONG BUY $0.285 for a final target of $0.34.

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