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STI is suffering from ED, Viagra also can' t help.
pkli899 ( Date: 20-Aug-2019 11:54) Posted:
Dow Future green green, here like half dead... |
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You may wish to look at the Executive Chairman' s statement in Annual Report 2018.
" The rising interest rate environment globally helped our investment segment last year. In FY2018, we had a net interest income of RMB1.5 billion from our investment segment, up 44.7% year-on-year. Investments accounted for almost one third of the Group&rsquo s gross profit. This segment is spearheaded by myself while the CEO leads our shipbuilding operations."
As at last 1H result, Debt Investments in both Current and Non Current Asset added up to RMB18.78b. Income from these investments accounted for 1/3 of the gross profit and yet little coverage in the AR.
TA_Expert ( Date: 20-Aug-2019 11:50) Posted:
The die-hard fans won' t believe in this as you can see in the posts since the meltdown last week.
runaway ( Date: 20-Aug-2019 11:48) Posted:
The situation is:
1. He is being investigated for alleged corruption.
2. You dont anyhow haul up a listed company&rsquo s 老 总 for investigation, if you do not already have reliable evidence to implicate him.
In summary, this counter is risky, for now.
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Judging from the Trade Summary, it' s likely shorted positions mostly covered and counting the profit liao.
runaway ( Date: 15-Aug-2019 14:55) Posted:
This is a battle field, the winner today is not known until the close of market.
If you have bouhgt at $0.755, it is not certain that you battle is won unless you call it a day now and fight again tomorrow.
Likewise, if you have shorted at $0.88, your battle is not lost yet, another 2.5 hr can bring it below $0.755.
Meanwhile, the chng key SGX is happily collecting commission.
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Based on the Direct Selling biz, 101,580 members sold in 6 months $58.72m, works out to be $578 per member. If 80% of Direct Selling biz was done by 20% of the members, that was $2,312. If you are a member, can you survive?
1035834 ( Date: 14-Aug-2019 10:28) Posted:
| i will buy , if the investigated results given clean report . very few companies in SGX can have this type of earnings and dividend . |
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Mgt' s buy back is just like unit trust redemption, all the Treasury Shares will be used for future Dividend Shares in order not to issue new shares to dilute the earning for existing shareholders The yield is good.
HB8289 ( Date: 19-Jul-2019 12:14) Posted:
| Look Like company is issuing DAILY SHARE BUY-BACK NOTICE . Hope is good NEWS |
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覆 巢 之 下 ， 岂 有 完 卵
hmmhmm ( Date: 05-Aug-2019 14:20) Posted:
this one no bad leh...
so far still can hold well...power.. |
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Two issues:
1) Impairment of Trade Receivable increased to $47.3m, believed GS had revised the credit policy of lending to VVIP over the last few year.
2) Repaid borrowing of $680m and yet the Finance Costs went up to $6.54m from $2.2m? Prepayment penalty?
Trader130 ( Date: 03-Aug-2019 04:49) Posted:
Why sudden rose of selling and distribution expenses up19% to $15.1 million... That is too much money spent on this . What is the product u sell ? Now all online Liao , get those pro foreigners workers to do it Loh . Imagine your household expenses up by 20% your pay every month. Ridiculous 😪
Trader130 ( Date: 03-Aug-2019 00:40) Posted:
| Yes, Should ask why the depreciation was so much due to what factors? Does it occurs every quarter ? Need to ask during AGM Liao .. Cannot siam 🤣 |
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Found the egg and green vegetables are general lower prices than most of the supermarts.
CheeryVGoh ( Date: 31-Jul-2019 13:22) Posted:
Anyone shops at U-Stars Supermarket at your neighborhood? Are their prices competitive as compared to Sheng Siong ?
CheeryVGoh ( Date: 31-Jul-2019 13:18) Posted:
There is this operator, U Stars (started biz in 2015/2016), diversified from its coffee shop roots that is competing with Sheng Siong for new sites.
Was aggressive in bidding to secure sites and like Sheng Siong operates in the heartland.
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Strange, Cordlife has been queried by SGX, this one boh tai ji......?????
Grubber ( Date: 10-Jul-2019 16:41) Posted:
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Strange, no query from SGX. Higher volume with price moved more than 10%.
eric998 ( Date: 10-Jul-2019 13:57) Posted:
The question is whether this stock is worth more than 20c?
Starwar88 ( Date: 10-Jul-2019 13:42) Posted:
| Usual trend will be it will move higher later part of the afternoon unless STI and HSI drop a lot. |
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Don' t need to pray, this practice had been observed base on the past years div announcements.
lifeisgood ( Date: 05-Jul-2019 22:08) Posted:
This is the most worry-free stock for me. I sleep well holding this stock for years. Just wish Mr Lee pays out higher dividend.
Perhaps after collecting all the sales proceeds from Parc Botannia, the company may reward us very patient shareholders with some massive special dividend. Wishing, hoping..... |
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Everyone are so happy about the outcome of the meeting, but DT has yet to tell anyone what can sell and what can' t sell. He only built a castle in the air.
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Everyone are so happy about the outcome of the meeting, but DT has yet to tell anyone what can sell and what can' t sell. He only built a castle in the air.
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Challenger is being challenged.
Belteshazzar ( Date: 28-Jun-2019 08:25) Posted:
Good
Minority shareholders block $183m exit offer for Challenger
The buyout of local IT retailer Challenger was stymied as the level of opposition at yesterday's meeting exceeded 10 per cent. Its chief executive Loo Leong Thye, who was part of the buyout team, said he respected the shareholders' decision and appreciated support for the company. ST PHOTO: KUA CHEE SIONG
PUBLISHED 3 HOURS AGO
Firm fails to delist as 11.4% of those at EGM reject offer price of 56 cents a share as too low
Seow Bei Yi
Business Correspondent
Minority shareholders, disgruntled at what they regarded as a cheapskate offer for their stock, shot down an $183 million buyout of local IT retailer Challenger at a dramatic meeting yesterday.
The investors, representing 11.4 per cent of voters present, rejected the offer price of 56 cents a share.
Because the level of opposition was above 10 per cent, it was enough to stymie the buyout despite 88.6 per cent of those present and voting at the extraordinary general meeting (EGM) backing it.
The remarkable outcome - one rarely seen in corporate Singapore - means the exit offer will lapse and the offerors will not be able to make another bid for 12 months.
Challenger chief executive Loo Leong Thye, who was part of the buyout team, said after yesterday's vote that he respected the shareholders' decision and appreciated support for the company.
Mr James Hay, director of fund manager Pangolin Investment Management - which has long argued against the buyout - said he was delighted at the outcome.
70
Number of voters present at the extraordinary general meeting.
88.6%
Percentage of voters who backed the offer price of 56 cents a share.
He believes his firm made a difference, in part because it rallied minority shareholders to reject the deal. "The offer was way too low, and it just kind of upset people," he said after the EGM at Challenger TecHub in Ubi Link that was attended by about 70 shareholders.
"In the case of most shareholders, they felt there was nothing left on the table for them."
Lawyer Robson Lee of Gibson Dunn, whose expertise is in mergers and acquisitions, said the result shows minority shareholders are now better informed about their right to reject an exit offer, adding that those looking to delist should be aware that this group "cannot be browbeaten into accepting a delisting exit offer that is not perceived to be fair and reasonable".
Shareholders who opposed the buyout were quick to put their point across at the meeting.
Mr Hay of Singapore-based Pangolin, which holds 2.94 per cent of Challenger, told the gathering: "This is far too cheap to be selling an excellent company, which we will be shareholders in for a long time."
Pangolin believes the fair value of the shares should be at least $1.15, contending that Challenger holds too much cash on its balance sheet.
Another investor, who identified himself only as K.C., said he first invested in the firm when Mr Loo was a young man. "I never sold my shares and am happy to hold it for my children... I look at (Mr Loo) as my partner."
To get the best value, Mr K.C. suggested that Challenger consider selling the company on the international market.
Challenger chief financial officer Tan Wee Ko replied that this was not a situation where the business, or part of it, was being sold to another company. He added that some minority shareholders supported the deal, despite others saying the price was not right.
Another shareholder, Mr Chua G.H., 46, said he was hoping the company would not be delisted, and urged it to be more "proactive" and try to maximise the use of its cash.
The path to yesterday's showdown was a contentious one.
Challenger announced on March 20 that it intended to delist, with Digileap Capital - a partnership between Mr Loo and his family and Dymon Asia Private Equity - making a cash offer of 56 cents a share. This valued the company at $183 million.
Mr Ng Leong Hai and four members of the Loo family, including Mr Loo, hold 78.64 per cent of the shares and backed the delisting.
But investors, including Pangolin, questioned whether the exit offer was "fair and reasonable", as assessed by independent financial adviser Deloitte & Touche Corporate Finance.
Despite shareholder pressure, Challenger said in its delisting circular that Digileap Capital would stick to its offer price, a stance that appeared to galvanise some investors into opposing the deal.
Mr Loo put a positive spin on yesterday's outcome. "I am heartened that many shareholders do not want to see us go and would like to remain invested in Challenger," he said.
"While the retail business environment is challenging, we will continue to do our best and grow the company."
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https://www.businesstimes.com.sg/companies-markets/singtel-confirms-plans-to-unlock-value-from-loss-making-digital-businesses-ceo
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Just wondering if it happens here.
https://www.bloomberg.com/news/articles/2019-06-25/china-s-casinos-use-ai-to-spot-who-s-most-likely-to-lose-big
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Will anyone share the latest market depth for GS?
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Shortists are very busy....... covering.
vivacious ( Date: 19-Jun-2019 09:45) Posted:
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Of course, even if GS won the bid in Japan, they can still bring the price down for whatever excuse/reason.
AhLiang ( Date: 17-Jun-2019 17:21) Posted:
BB also laughs at you. FA TA not enough. Must know BBA too.
Trader130 ( Date: 17-Jun-2019 13:17) Posted:
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If you have attended the AGM, you would have known the answer to the funding requirement for both projects.
pkli899 ( Date: 18-Jun-2019 09:38) Posted:
As at April19, they have net cash of 3.6B.
However, this is not enough for the development of Japan IR if they win the bid.
They still need to borrow. Luckily, rates in Japan is extremely low.
AhLiang ( Date: 18-Jun-2019 07:53) Posted:
| Is GS going to fund the Japan project and it is not going to take a loan from the bank? Is GS shares still fat and can be trimmed? One needs to think |
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