ShareJunction - Member Posts

Back

Latest Posts By nngeeh - Veteran

About nngeeh

First < Newer 281-300 of 534 Older> Last

09-Feb-2017 07:15

CosmoSteel / Delisted by SSH SOON

Go to Message

x 0

Not yet... the div pay day is 14 Feb

ruready ( Date: 09-Feb-2017 06:12) Posted:

Bro nngeeh, did you receive the dividend,? This baby undervalue time for stock raider like mr ooi hong Leong, Oley boss to buy cheap cheap now.The single large ssh only have 28% so easy to remove the top management if the price still trading at huge discount ,any third party join in to attack , the Japan boss sure join in to fight because the bought it at history price 40cts,

nngeeh ( Date: 02-Feb-2017 17:26) Posted:

Agreed. Not many sellers. I got in before the dividend ... and the price didn' t drop after giving div .... i think something is brewing ....

Good Post Bad Post

09-Feb-2017 07:02

Healthway Med / healthway, healthy?

Go to Message

x 0

Unless there is already a pre-agreement between Lippo and gateway before they made the offer...

mepkoh ( Date: 09-Feb-2017 00:26) Posted:

when the notes are converted...new owners have more than 45% ofenlarge shares..even with no one accepting their offer..they will form the next board..of directors..

so i see this offer is just a waste of money ..by newowners....

dont expect much from them

Good Post Bad Post

08-Feb-2017 23:15

Asian Pay TV Tr / Asian Pay Tv Tr

Go to Message

x 1

x 0

For counter like AAPT, the NAV is made up of cable TV Licences which they valued at $2.3B (minus the debt of 1.2B). Unlike cash or properties, how do you really judge the value of cable TV Licence? The revenue dropped 4% (9 Mths) .... but in report ... the value of the TV Licence goes up abit.

If there is issue with clearing debt ... you can' t sell TV Licences like " properties" .... which will prevent from providing the service.

I don' t think the NAV is significant here ... just look at StarHub or M1 ... the price is way above NAV ... which also contain licences... but based on revenue and yield.

Just look at China Fish with high NAV due to the fishing Licence in Peru. When they could service the debt ... the fishing permit which was also valued at Billiton couldn' t help. China fish is filling for bankruptcy. The revenue and profit will be more important than NAV for AAPT. The coming report will be key. Just my thought.

Monkeysee ( Date: 08-Feb-2017 20:05) Posted:

Nav? In full is what? Thank u

halleluyah ( Date: 08-Feb-2017 16:32) Posted:

NAV is 0.84....stil vry undervalue....

Good Post Bad Post

08-Feb-2017 17:10

Southern Arch / Blumont the dark horse?

Go to Message

x 0

Serrano is having positive effect on micro-pennies.

Good Post Bad Post

08-Feb-2017 14:20

OUE Healthcare / IHC

Go to Message

x 0

Agreed. Before the white knights came along ... the share price was stuck at 0.05 ... and who knows if the directors were not kicked out ... what other things that they will do that will further lower or dilute the share value .. At least we are seeing 0.08+

TechnicalTrader ( Date: 08-Feb-2017 13:53) Posted:

at least now we are making profit with their help... so just take it...

alexchew ( Date: 08-Feb-2017 13:42) Posted:

the deal is made to dilute IHC shareholders, what' s so good about the new white knights?

Lippo and oxley duo, working together. It' s a clear sign that IHC minority shareholders stakes will be reduced. With the upcoming bond due in 2018, one more round of trick, the whole company will be taken private cheaply.

Good Post Bad Post

07-Feb-2017 22:49

Healthway Med / healthway, healthy?

Go to Message

x 0

In the announcement, they are extending it to the gateway (conversion bond). If gateway accept, lippo will get another approximately 45% of the total shares. With their 13%, they will have more than 50%. Maybe this offer is meant for gateway ... they can give the loan and immediately convert and accept this offer to earn.

teeth53 ( Date: 07-Feb-2017 22:35) Posted:

Lippo limited is such a very big orgnisation n or group in not in flavour of such deal by gateway..

Yup. Think so. As such deal with Gateway hasten such offering by Lippo..

teeth53 ( Date: 07-Feb-2017 21:48) Posted:

Lippo as a SSH is quick to offer n maybe due to not in flavour..(They got the strength n money.)

The deal look business as usual, giving control to Gateway Fund I thorugh Ms Chan acting for HMC.

Good Post Bad Post

07-Feb-2017 22:21

Healthway Med / healthway, healthy?

Go to Message

x 0

I think Lippo is trying to stop issuing of convertible bond to Gateway.... and they can' t do so without being a majority shareholder.

teeth53 ( Date: 07-Feb-2017 22:09) Posted:

Convertible Notes to be issued, (if and when fully issued), would have a significant dilutive shareholdings of Shareholders.

Assuming all notes of S$70M are exchanged for CN B within 6-mths from date of issue of the notes and immediately converted into conversion shares, up to 2,218,502,511.

Conversion shares may be issued pursuant to the conversion of the Convertible Notes (if and when fully issued), it representing approximately 90.17% of the existing issued share capital of the Coy of 2,460,234,183 Shares, or approximately 47.42% of the enlarged share capital of the Company.

This would result in a significant dilution of the existing shareholdings of Shareholders as further illustrated.

As such, Lippo and LCR are of the view that the terms of the Convertible Notes appear onerous, may be detrimental and not be in the best interest of the Coy in light of other possible financing alternatives. Thus, offering shareholders who concur with the views of the Offeror an opportunity to exit on a more attractive terms.

teeth53 ( Date: 07-Feb-2017 20:32) Posted:

And this ..... what happen to HME n HMC, to be control by Gateway Fund I???.

Healthway Medical Corp (HMC), recently entered into a deal with a new investor, Cayman-based Gateway Fund I. The arrangement could give Gateway significant control over how HMC is managed.

HMC wants to raise $70m from Gateway by issuing convertible bonds that can be swapped for up to 90.17 per cent of HMC' s existing share capital, or 47.4 per cent of its enlarged share capital.

Size of conversion is still subject to shareholders' vote of approval, but notes have other unusual features. For eg:Gateway would get the right to nominate two non-executive directors to HMC board and pick out a chief financial officer.

Another eg: HMC would also need Gateway' s consent before entering into " any material transactions, undertakings or corporate actions" , including the appointment or removal of its chief executive officer.

HMC president Veronica Chan, who is equivalent to the CEO, did not immediately respond to an e-mail query on the notes issue, but HMC. Veronica Chan has said that the move is necessary to generate working capital and address.

Good Post Bad Post

07-Feb-2017 19:59

Healthway Med / healthway, healthy?

Go to Message

x 0

Once they have made the offer, will they still buy at higher price in the market? If no ... the volume will drop significantly.... but retailers will still punt hoping for revise offer. They didn' t mention that this is the final offer, and they indicate their intention to maintain listing on sgx.

Good Post Bad Post

07-Feb-2017 19:24

Healthway Med / healthway, healthy?

Go to Message

x 0

With this offer, it will provide a safety net at 0.042. I think both sides will start to accumulate... if he price is close to 0.042 ... it' s worth a punt

Good Post Bad Post

07-Feb-2017 17:18

Healthway Med / healthway, healthy?

Go to Message

x 0

And with bbacking from Lippo Group ... these 2 counters can only go north. Just look at Lippo related counters - OUE, OUE REITs, Lippo Mall REITs ...

happyharvest ( Date: 07-Feb-2017 17:14) Posted:

hope so. also hope HMC and IHC can merge to form a even bigger company. Together with the new blood, they can inject cash and new experience and knowhow to make it a better managed company.

nngeeh ( Date: 07-Feb-2017 17:10) Posted:

Waa ... very high volume ... hope Lippo is buying to take control of this counter

Good Post Bad Post

07-Feb-2017 17:10

Healthway Med / healthway, healthy?

Go to Message

x 0

Waa ... very high volume ... hope Lippo is buying to take control of this counter

happyharvest ( Date: 07-Feb-2017 16:27) Posted:

price goes higher! I hope it would close the gap below for a sustainable rally.

Good Post Bad Post

06-Feb-2017 17:12

Arion Ent / Arion Ent

Go to Message

x 0

Not hoping for the share to hit 0.18+ like Spackman.

If the mother can hit 0.007 ... the warrant will worth 0.002 (which is already 100% profit) :)

happyharvest ( Date: 06-Feb-2017 15:17) Posted:

will it be the next spackman? But the issue too many shares nia. Need many koreans to support. haha

Good Post Bad Post

06-Feb-2017 13:20

NSL / NatSteel

Go to Message

x 0

Going to break above 1.7 soon. Hitting new 52 weeks high again today @1.68.

Someone is surely accumulating this ... in anticipation of a good FY result.

Good Post Bad Post

05-Feb-2017 19:13

Southern Arch / Blumont the dark horse?

Go to Message

x 0

Bluemont has transferred to commodity shares to the creditor to clear the loan. Technically, it is almost a shell company with some minor service. Will need to see if they can inject new business thru RTO... speculating... not investing

For LionGold, it took loan thru convertible bond. If you buy at 0.001 ... the creditor will sell you at this price and convert the bond into share at 0.0008. Due to the huge loan .... they can keep converting the bond and it will suppress the share price

happyharvest ( Date: 05-Feb-2017 12:33) Posted:

Yeah! ^^

May I understand further why convertible bond is not good? Because is bad debt?

I see the management is turning this coy into a commodity company. All it needs is a spark ..I hope more bad news come so I can buy some at 0.001.

nngeeh ( Date: 05-Feb-2017 09:47) Posted:

Just take it that what among you are going to put it .... its like you put all in one bet in baccarat ... and lose all. However, the difference is that on the next trading day ... your punt is back on the table for another bet without the need to inject more fund ... and this can go on for 2-3 years until it is suspended and delisted (if it get suspended).

Just look at Jasper ... was out of all business ... heavily in debt ... and settle the debt by issuing shares similar to bluemont and the share price dropped to 0.004. Just look at the share price now .... and they found new business too.

Between LionGold (which still has assets) & Bluemont, I would prefer Blumont because it doesn' t has any convertible bond compare with LionGold.

Good Post Bad Post

05-Feb-2017 09:57

Healthway Med / healthway, healthy?

Go to Message

x 0

From the report, HME (party A) owe Healthway $64M ... and now Healthway wanted to buy it at $64M using the money from gateway which also gives gateway huge number of shares? Doesn' t it sound fishy?

Healthway shouldn' t buy HME .. but should insist HME to Paya back $64M instead ... Can' t imagine what will happen if this transaction takes place... $64M gone as HME is part of Healthway (and will not know what other debts that HME has)... and with gateway being the major shareholders... there is nothing else other shareholders can do about it... and that includes lippo.

Shareholders should unite with lippo and stop this... just like what they did for IHC

goodman ( Date: 05-Feb-2017 02:42) Posted:

A reflash of what has happen to IHC. Back then, oxley duo came in as white knight to save ihc by investing the company at 9cts. But of course, they don't just invest out for no reason. They saw the beauty of this company as well hence the duo wants to takeover. Boss of ihc doesn't want to let go at such price hence had asked Lippo to come in for help. Obviously ihc had good connection Lippo, if not Lippo won't just be a SSH from market purchase which send ihc price moving upwards.
The Oxley duo for sure predicted what Lipo would do hence request for trading halt.
Typical Indonesians whereby they want face and pride they wants to get HMC as well. But who also wants HMC??? The new investor, Gateway, will fight with Lippo.
Maketake is buy....

Good Post Bad Post

05-Feb-2017 09:47

Southern Arch / Blumont the dark horse?

Go to Message

x 0

happyharvest ( Date: 05-Feb-2017 01:31) Posted:

I' m looking for a stock with turn around story like equation and oceanus.

anthonykwong ( Date: 05-Feb-2017 00:18) Posted:

AVOID SUCH STOCKS.

want to punt go casino play baccaaraat may have more chance and no need to wait so long. 2 min game .like cooking instant noodles.

Good Post Bad Post

04-Feb-2017 19:13

Healthway Med / healthway, healthy?

Go to Message

x 0

Shareholders need to unite to block the purchase of HME. Hope lippo group can repeat what they have done in IHC. Kick out the directors and investigate the internal with regards to lending to party A & B.

happyharvest ( Date: 04-Feb-2017 16:31) Posted:

those gold digger directors at HMC should be boot out too. IHC saga has set the trend. More to come. Cheers!

nngeeh ( Date: 04-Feb-2017 15:41) Posted:

Hope the Lippo group can lead to kick out the directors too. From the article below, what they have been doing is highly suspicious... by lending to Party A & B and made impairment over the years... but continue to give out loans. The shareholders will surely support. This needs to be investigated.

Good Post Bad Post

04-Feb-2017 15:41

Healthway Med / healthway, healthy?

Go to Message

x 0

TechnicalTrader ( Date: 02-Feb-2017 20:55) Posted:

Yesterday news.

While activist investors are forcing International Healthway Corp (IHC) to undertake an internal audit of the medical property developer' s affairs, attention is now turning to the firm' s former parent company.

Healthway Medical Corp (HMC), the clinic operator that spun off IHC, recently entered into a deal with a new investor, Cayman-based Gateway Fund I. The arrangement could give Gateway significant control over how HMC is managed.

HMC wants to raise $70 million from Gateway by issuing convertible bonds that can be swapped for up to 90.17 per cent of HMC' s existing share capital, or 47.4 per cent of its enlarged share capital.

The size of the conversion is still subject to shareholders' vote of approval, but the notes have other unusual features. For example, Gateway would get the right to nominate two non-executive directors to the HMC board and pick out a chief financial officer.

HMC would also need Gateway' s consent before entering into " any material transactions, undertakings or corporate actions" , including the appointment or removal of its chief executive officer.

HMC president Veronica Chan, who is equivalent to the CEO, did not immediately respond to an e-mail query on the notes issue, but HMC has said that the move is necessary to generate working capital and address " short-term liquidity needs" .

The fund-raising comes relatively soon after HMC announced a share placement on Aug 29 to raise net proceeds of $3.75 million. It reportedly fully utilised these funds on Oct 25.

Notably, HMC, which made a net profit of $1.68 million in the year ending December 2015, is owed $64 million by Healthway Medical Enterprises (HME), which HMC refers to in its books as a non-related party, or " Party A" .

HMC is owed a further $21 million by an unnamed " Party B" , and continued to extend to Party B $3.2 million in 2015 even after taking a $14.8 million impairment on Party B loans over the years.

HMC now intends to acquire HME, using the $64 million in uncollected receivables as part of the purchase consideration, which is yet to be determined. HMC did not previously address questions from The Straits Times on how much of the $64 million would be recoverable.

Another question on the minds of fund managers who have eyed HMC in the past is why it has continued to lend to Party A and Party B when impairments made over the years have cast doubts over these parties' ability to pay.

Unless these parties share a common shareholder with HMC, the loans do not appear to benefit HMC, they say.

Mr Eric Wong Ong Ming, who joined the board of HMC in May 2015, was the sole director of HME until he resigned in May 2015. He was also a former director of IHC.

IHC and HMC also share a common largest shareholder, Mr Fan Kow Hin. Mr Fan has stepped down from senior positions at both companies, as well as at HME in recent years.

Separately, Lippo China Resources, controlled by Indonesia' s Riady family, emerged at the end of December as a substantial shareholder of HMC with a 6.05 per cent stake.

This, together with OUE' s 12.5 per cent stake in IHC, is likely to keep investors guessing at what' s next for both IHC and HMC.

Shares of IHC, which, like HMC, have tumbled since their debut, have recently attracted the attention of heavyweight investors such as Oxley executives Ching Chiat Kwong and Eric Low, as well as OUE, stirring hopes that IHC can be turned around.

Good Post Bad Post

04-Feb-2017 08:59

Arion Ent / Arion Ent

Go to Message

x 0

I gamble on their warrant@0.001. It' s all or nothing. Prepare to lose all.

HAITUNI ( Date: 03-Feb-2017 19:28) Posted:

u vested????/

Good Post Bad Post

03-Feb-2017 19:41

Vibrant Group / Vibrant - FOOLS SG BULLISH ARGUMENT

Go to Message

x 0

Must be related to Sabana REIT

1BIG2SMALL ( Date: 03-Feb-2017 11:04) Posted:

Should be good news based on the accumulation.....quietly and slowly

Good Post Bad Post

First < Newer 281-300 of 534 Older> Last

ShareJunction Version: 27 Nov 2020 ver - All Rights Reserved. Copyright ShareJunction Pte. Ltd. Disclaimer: All prices from are delayed. ShareJunction does not provide you with any financial advice. We are not into the business of providing any investment advice. See our Terms and Conditions and Privacy Policy of using this website. Data is delayed for varying periods of time depending on the exchange, but for at least 15 minutes. Copyright © SIX Financial Information Ltd. and its licensors. All Rights reserved. Further distribution and use by third parties prohibited. SIX Financial Information and its licensors make no warranty for information displayed and accept no liability for data and prices. SIX Financial Information reserves the right to adapt and/or alter this website at any time without prior notice.

Web design by FoundationFlux. Hosted with Signetique Cloud.