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29-Dec-2015 16:05

ST Engineering / ST Engg

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It' s very hard to tell whether it' s accumulating or distributing. The price hovers between $3 and $3.01. One moment, the buy queue at $3 was 99 (and sell queue was less than 50), the next moment, it swaps .... the buy queue of $3 was 20, and sell queue at $3.01 was 99. It keeps swapping.

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29-Dec-2015 15:59

Riverstone / RIVERSTONE HOLDINGS LIMITED

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It' s almost hitting $2.40.

It' s proposing to give a bonus share 1 for 1. However, this doesnt change the fact that this is a super expensive stock of NAV more than 5x, PE more than 20. Be careful.

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08-Dec-2015 12:08

Neptune Orient L Rg / NOL

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I believe it' ll trigger the mandatory offer to all shareholders. As long as CMA acquire 30% or more from TH, it' ll trigger the mandatory offer where CMA will need to offer at least $1.3 to all shareholders.

Mandatory Offers
Generally, there are no restrictions on an offerer building a significant stake in a target
company as long as a mandatory offer is not triggered. The circumstances wherein
mandatory offers are triggered are set out in the Take-over Code. Rule 14 of the Take31182491_
2_2014 - Takeover Guide - Singapore page | 13 over Code provides that a mandatory offer is triggered when an offerer acquires, whether
by a series of transactions over a period of time or not, shares which taken together with
shares held or acquired by persons acting in concert with it amounts to 30 percent or
more of shares carrying voting rights of the target company. A mandatory offer is also
triggered when an offerer and persons acting in concert with it hold between 30 percent
and 50 percent of the target company& rsquo s shares carrying voting rights, and acquire in
aggregate more than one percent of the target company& rsquo s shares carrying voting rights in
any rolling six-month period. For these purposes, a person who has acquired or written
any option or derivative which causes him to have a long economic exposure to changes
in the price of securities will normally be treated as having acquired those securities and
persons who would breach the relevant thresholds by acquiring such derivatives must
consult the SIC beforehand to determine if an offer is required and if so, the terms of such
offer to be made.
In a mandatory offer, the offer price cannot be lower than the highest price paid by the
offerer or any of the parties acting in concert with it for any shares carrying voting rights
during the offer period and within the six months leading up to the beginning of the offer
period. The consideration paid in the mandatory offer should be in cash or be
accompanied by a cash alternative. A mandatory offer is conditional upon the offerer
obtaining acceptances which will result in the offerer and persons acting in concert with it
holding shares carrying more than 50 percent of the voting rights of the target company.
Generally, no other conditions are permitted to be imposed in a mandatory offer. An
exception to this rule applies to a mandatory offer where the parties are seeking
clearance with the CCS under the Competition Act.

earlybird14 ( Date: 08-Dec-2015 12:01) Posted:

I really doubt so.

Long ago, there was a privatise case as well. Buy block was built till privatised successfully, those refuse to sell, was played by the companies by offering even lower level by posting a mail to their house, they kpkp here.

So i really doubt so 1.30 for all, 1.30 is for temasek sell to cma, if cma want to buy the rest, now they can just go open market to buy 1.21-1.22 now, why offer 1.30?

Nol is not fantastic company, market also no fantastic, whatever the collect is a saving to their company, they are also not a listed company, don't need to report after delist nol.

So, those holding, can just hold and hope 1.30 can be offered, but those buy and hope for 1.30, it may be not wise to do so.

DONTBEEVIL ( Date: 08-Dec-2015 11:56) Posted:

I thought they must offer the remaining shareholders to sell to CMA at $1.30?

Please confirm before any how post... Otherwise...

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04-Dec-2015 11:09

Neptune Orient L Rg / NOL

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What is the best price price with respect to the safest risk vs reward ratio?

It seems that it is high probable that CMA will offer, and base on the exclusive talk with CMA, it is also possible that Tamasek has accepted the price, and CMA is doing it' s due diligent and trying to secure the loan which seems to be very positive now.

The main question is what is the offer price? If the negotiation break down, what is the price that it' ll drop to?

With the current market sentiment, will CMA really offer above $1.3, if the negotiation breaks down, will it really drop below $1 knowning that Maerks will most probably come in to bid (but the offer will most likely be slightly higher than CMA' s price) which will buffer the drop.

i guess the current price could stay at it' s current range until there are further news being leaked out ...

Just my view

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02-Dec-2015 10:06

Riverstone / RIVERSTONE HOLDINGS LIMITED

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How to borrow script to short?

nngeeh ( Date: 02-Dec-2015 10:03) Posted:

Wow ... it' s moving north again. From the SGX, the Price/NAV is almost 5.7x. Super expensive stock.

Qanghoo ( Date: 28-Nov-2015 10:17) Posted:

Recently, the px hit 2.50+ right? Then came down. Then up again. From past cases, it seems to me that it' s when px experienced a phenomenal extended surge n then hit volatility like this that trouble might start. Watch it!!!!

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02-Dec-2015 10:03

Riverstone / RIVERSTONE HOLDINGS LIMITED

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Wow ... it' s moving north again. From the SGX, the Price/NAV is almost 5.7x. Super expensive stock.

Qanghoo ( Date: 28-Nov-2015 10:17) Posted:

Qanghoo ( Date: 28-Nov-2015 10:12) Posted:

Somehow I' m a bit wary abt the way the px of some coys majority-owned by our neighbours run up. Remember ABL, then SA .... n now CFG .....? What' s next, I wonder? No harm trading with care. Why keep chasing when px has skyrocketed so much n (in my view) perhaps beyond what fundamentals justify? There are so many other sound coys to consider. Be careful.

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30-Nov-2015 17:13

Vashion / RTO by Red Flag Holdings

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What is the purpose of changing left hand to right hand when the price is already at the lowest - 0.001?

I can understand when the price has been pumped up - to create the impression that the volume is high ... in order to lure retailers to come in, and distribute to retailers... but at the lowest price, what is the purpose?

The coy just returned from suspension after 3 years - will it still collapse in near future?

mistiq88 ( Date: 30-Nov-2015 16:00) Posted:

left hand to right hand, right hand to left hand

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30-Nov-2015 14:32

Vashion / RTO by Red Flag Holdings

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Another S-chip. In the morning, there were only sellers at 0.001 with no buyer. Yet, the transcation in the afternoon reached 165million shares.

If this is a gone case company, who are buying?

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28-Nov-2015 11:07

China Fishery / China Fishery - Low PE

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For the famous ABL case, even though the remisiers have written to finance minister to express concern of the impact of the prolong CAD investigation on the whole financial market, there are still no news from them after more than 2 years of investigation. Are we really confident that CAD has sufficient proof before they start investigating? If we have more such prolong investigation, there will be less and less companies that are willing to list here.

Qanghoo ( Date: 28-Nov-2015 10:02) Posted:

Sadly, though, the inpropriety/ies was/were allegedly committed by the main shareholders. So, while the coy seemed to have been doing reasonably well, perhapes if not for El Nino, n taking steps to reduce debt, the alleged fraudulent action/s of the shareholders, with probably no regard for minorities whatsoever, may have created undue n unfair sufferings for minorities, caveate emptor notwithstanding. I' ve always contended that the fervent preaching of governance n transparency, is no comfort cos it only creates a false sense of security where, on the one hand, inevitably investors wld be blinded to potential booby traps around them n, on the other hand, monkeys prance around a safe haven unknown to unsuspecting minorities. N while regulators n other policing people are probably constantly on the prowl to nib any misdeeds in the bud, credit to them, the nature of their watch is such that it might take them a long time to surface any substance (in this CFG case, it took four yrs or longer). God knows how many more sgx-listed coys might be similarly tainted as skeletons like these seem to fall out of the cupboard ever so often . Perhaps it might be timely to re-appraise the whole setup here. But whatever it is, it never hurts to exercise extra caution cos its our hard-earned $$$ that we need to safeguard most of all.

nngeeh ( Date: 28-Nov-2015 09:26) Posted:

Most company relies on loan to survive. Just look at o& g like Swibe, Ezra or Ezion which have bond expiring in the next 3 years. If CAD suspects fraud to investigate, no bank will extend loan and no shareholder will dare to buy their future bond, the company will collapse as in the case of China Fish. If CAD start investigating with just minimum proof, it will actually cause the company to collapse which is not fair to shareholders. Just look at ABL, there is no announcement after 2-3 years.... And how badly their share is performing now. If the fraud is committed by external, the CAD starts investigating the company, it will not be fair to punish the company and shareholders.

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28-Nov-2015 09:26

China Fishery / China Fishery - Low PE

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ysh2006 ( Date: 28-Nov-2015 07:32) Posted:

Bank pull the plug and may caused leaking in this fishing boat , suspended with immediate effect loh...

beginners ( Date: 27-Nov-2015 22:15) Posted:

Maybe you are right there are things we don't know. Not all banks give the NGs face. HSBC choose to give them a lesson.

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10-Nov-2015 22:53

Southern Arch / Blumont- Objective discussion only.

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The question now is why do you think the chance of Blumont hitting 0.004 (33% gain) is low? Is the really as low as Sunderland betting MC? Each year, Sunderland has only 2 chances per year to beat MC .... and you lose all if that didn' t happen. For Blumont, will it really delist and lose all like betting on Sunderland beating MC (and what are the chances of that happening in the next 1~2 years)?

If you look at New Silkroad, there was a short period that it was tradining at 0.002 (100% gain from those who bought it as 0.001), Jasper from 0.004 to 0.011, OlS from 0.004 to 0.013 (before dropping back to 0.009), WE from 0.004 to 0.006.

None of these counters above that were trading less than 0.005 got delisted, and has some point, gone up above 33%. If all these counters managed to get pump up, and making more than 33% gain (and in some cases more than 100%), why is the chance of Blumont winning is extremely low?

HazardKoh ( Date: 10-Nov-2015 22:23) Posted:

haha.. one word: GREED. Risk takers like to buy underdogs cos the rewards is higher although the chance of they winning is extremely low.

I admit i sometimes do buy underdogs .. u see if u buy underdogs beating chelsea this season, u win :)

But out of 100+ penny stock, perhaps only 2 or 3 would end up like CEFC... the rest will make u lose until cry also no tears..

Dyna__ ( Date: 10-Nov-2015 21:54) Posted:

Yes precisely. Since chance is low, why punt to lose??

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10-Nov-2015 20:10

Southern Arch / Blumont- Objective discussion only.

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Like what Isolator used to say " The choice is yours.... Long and enjoy..." .....

At 3c, i' m inclined to Bigmama' s advice. BUT at 0.002 or 0.003, i' m a " Isolator" believer. I' m queuing few thousand lots to buy at 0.002 each day .... and guess what, 1 thousand lots now cost only 2K (not $2Million 2 years back).

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10-Nov-2015 20:03

Southern Arch / Blumont- Objective discussion only.

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Again, one must be prepared to lose all when punting this counter (This is NOT investing). It' s a bet that is might get pumped up like Jasper 1~2 days back. Don' t put in money that you can' t afford to lose.

Let' s look at Blumont & New Silkroad (From SGX url)

Blumont: Shares Outstanding 2,866 mm (I think it should be 4000mm shares now after the rights issue)

New Silk Road: 30,000 mm (if i' m not wrong, can' t seems to pull this out from SGX).

The number of shares for New Silk Road is 7.5x. It' s much harder to New Silk Road to move up when the number of shares are too high. This share has been stuck at 0.001c for 1~2 years ... and it has not collapsed.

For Blumont, the most the price will slide from 0.003 to 0.001 (2 pips). If one is prepared to lose, what' s 2 pips? If New Silk Road can survive being just 0.001c for so long, surely, Blumont can survive that long. Furthermore, we can still hope that CAD will clear Blumont, which will be the catalyst for the share to go up. There is something to look forward too for Blumont. If Blumont' s price is 2c, i probably won' t even bother to write anything here like what Bigmama said. But at 0.003, the reward surely outweight the risk.

HazardKoh ( Date: 10-Nov-2015 19:16) Posted:

err..u are right but hor... what IF the price continues to slide to 0.001, if u buy at 0.003 ==> a whopping 66% of ur capital gone.. Then u will ask me how is it possible to go down to 0.001 ?? Then u can ask those who are still holding to New Silkroute aka Digiland.

Share price of New Sillkroute aka previous name Digiland below: Those who bought in 2011 at 0.0033, after almost 5 years, share price at 0.001. With share consolidation coming, is almost equal to writeoff liao.

nngeeh ( Date: 10-Nov-2015 18:59) Posted:

Hi Bigmama, you were right to predict that Blumont will fall till the current level. However, do you still feel that at the current price, it' s still not worth a punt? I' m not talking about investing (like blue chip), but punting, and hoping that it' ll get pump up to possible 1c. Even if it' s just 0.004, it' s already 33% gain.

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10-Nov-2015 18:59

Southern Arch / Blumont- Objective discussion only.

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Bigmama ( Date: 10-Nov-2015 07:56) Posted:

If really want to discuss objectively as the title suggested........ Why are we even posting here? It is a gone shit stock since long ago. The forumer who started this thread was piss off because I warn him about blumont. He doesn't like my super bearish postings. Right fairy? Lol

Dyna__ ( Date: 10-Nov-2015 00:31) Posted:

Really. There are so many stocks to look out for. Of all stocks why this one?? Its era is over.

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10-Nov-2015 18:49

Southern Arch / Blumont- Objective discussion only.

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For me, it doesn' t matter whether the stock is a blue chip or micro penny. It' s just a e-paper to me. Most important is whether i can earn $$$, and if it goes the other direction, what will be my risk.

For Blumont, the era of $2, or even 20c, it' s over. However, at the current price of 0.003, do you really think it' s era of raising to few cents is over? And unlike Digiland (New silkroad) which is tradining at 0.001/0.002, the number of shares for Blumont are way less than New Silkroad, and the chance of rebounding is very high.

Just look at Jasper, which is also a shell company now that is trading at 0.004 not long ago, it shot above 1c recently (more than 100% gain within few months). Keppel Corp was trading near to $11 in Sep 14, and has fallen to $7+ (a fall of near to 35%).

I agreed that putting money in Blumont is punting, whereas putting money in Keppel is investing. However, if i were to put $3K into Blumont, and $7K in Keppel, which counter will i make more money in the next 1~2 years?

Dyna__ ( Date: 10-Nov-2015 00:31) Posted:

Really. There are so many stocks to look out for. Of all stocks why this one?? Its era is over.

Jeromelow ( Date: 09-Nov-2015 23:22) Posted:

will there any good news or smth? hope will start moving already

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06-Nov-2015 08:30

Landmark REIT / Overview of Lippo Malls Trust

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Did you see wrongly?

3Q DPU - 0.77c. 9 mths DPU - 2.29c.

Possible to achieve FY DPU of 3c. Based on current price 0.32, the yield is 9.3%. NAV is 0.37. Currently, the Indonesia currency is weak. If the currency recovers, the yield might go up more. Even if they plan to delist, they will need to offer at least 20~30% premium over current price, or at least meet the NAV.

bishan22 ( Date: 06-Nov-2015 08:06) Posted:

Long term investors - 0.005 payable on 30/11/2015. DPU has decreased.....

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05-Nov-2015 14:47

Southern Arch / Blumont- Objective discussion only.

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Let' s see how long BB is willing to put the 0.003 sell queue wall while retailers start eating it .....

There are 25K transcation done at 0.002. If i already put up a huge buy queue at 0.002, i can easily sell it to myself to generate the impression that many are selling at 0.002. There are still 5K lots done at 0.003. I believe the 0.003 will be taken down in near future.

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05-Nov-2015 10:16

Southern Arch / Blumont- Objective discussion only.

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Just join the 0.002 buy queue ..... but will be watching the 0.003 sell queue. Might go in for more.

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05-Nov-2015 09:06

Southern Arch / Blumont- Objective discussion only.

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There were more than 20K lots trying to sell at 0.002 during pre-opening. I queue using higher price, and hope to match out at 0.002. Just before the pre-opening matching, the queue suddenly dropped to just 2K, and end up the opening price was done at 0.003.

I believe many must have queue to hope to get the 0.002. However, the BB remove the sell queue just before the opening. If no one wants to sell at 0.002, it' ll be a matter of time when retailers will start to bite the 0.003.

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03-Nov-2015 16:57

Southern Arch / Blumont- Objective discussion only.

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Now that the rights are over-subscribed ..... dun sell cheap to them. I think if the retailers realised that ... and start biting the 0.003 ( and then 0.004), the BB quickly buy their own lots again to prevent retailers from buying their 0.003.

They are trying to trick those who subscribed to sell cheap to them at 0.002. DON" T FALL FOR THEIR TRICK. NO POINT SELLING AT THIS RIDICULOUS LOW PRICE.

WinningStock ( Date: 03-Nov-2015 16:54) Posted:

How low can a stock go. $0.001? Do they have $0.0005

Demostation ( Date: 03-Nov-2015 16:05) Posted:

Yes agreed, you are quite alert. By selling lower to one another, these " crooks" are telling people esp the innocent ones, that look we are selling it because we don' t have confidence in the company, so please also sell.

Once you sell to them, they will collect for some time, and then later on they will play the opposite way and let the market chase up the price with them. I think so..haha.

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