HAIKE Chemical ON the UP!TAKEOVER Whispers!

Over the Rainbow (2007 charity album)

Takeover the Rainbow?

Well it’s certainly been  one to watch has Haike as they carry on the climb. You’ll all remember the blog telling you to watchlist them last week when they were trading some 7/9p below where they currently are. Up 9% yet again today!

Well they have now been on the rise for the last 10 days or so. And just what is pushing the sp? Well we can exclusively reveal that there is rumoured to be a case of STAKE BUILDING HERE! In light of their recent upbeat trading statement the whisper here is that they are on the radar for TAKEOVER!

Revenue for the period from 1 July to 31 October 2010 has exceeded that in the first half of the current financial year and both the refinery and specialty chemicals businesses have returned to PROFITABILITY.  In particular, the refinery operations have benefited from increased diesel oil volumes and selling prices.

Yes you always get the breaking news here on the worlds favourite blog!

Expect these to keep trending up they have been as high as 160p+ and this years high of 49p looks certain to be nailed within the next few days!

Hola!

Daniel

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  1. Stewart McKegg says:

    Hi Dan,

    Been reading your views and comments before the blog was even opened, that was the main reason I got into GKP.

    I don’t think you have ever given your view on Empyrean Energy (EME), I am a long suffering investor there and would welcome your comments, great blog my friend.

    Regards

    Stewart

  2. one can argue that it can go both ways

  3. Captain Patience says:

    Hi Daniel,

    Any further news on GCM Resources? Lots of pro open pit news coming out of Bangladesh at the moment, with the JS committee openly in favour of the Phulbari project.

    Regards,

    CP.