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SMRT
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bikerlover
Member |
21-Jul-2016 12:24
Yells: "Good luck to your investing!!" |
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Temasek need to have 90% or more to delist. So if only 11% of us minority voted " NO"   Temasek can continue to be our big brother, we continue as family and share the fruits of SMRT.
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brchkho1
Master |
21-Jul-2016 11:47
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Only if more than 50% of the shareholder  who attend  EGM and more than 75% of their  shareholings voted " No" , TH can not proceed with the Scheme of Arrangement, right?
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halleluyah
Supreme |
21-Jul-2016 11:29
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Still a long time..sept/oct then meeting...cheap deal... |
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bikerlover
Member |
21-Jul-2016 11:27
Yells: "Good luck to your investing!!" |
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Just vote " NO" to the buyout. With extra 991million cash in hand and minus off the useless depreciating assets, SMRT becomes an attractive buy. Therefore Temasek came in with good business sense to buy to shore up their portfolio.  
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bikerlover
Member |
21-Jul-2016 11:23
Yells: "Good luck to your investing!!" |
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No one will counter offer.  Because if they do, they have to be ready to buy the 54% holdings of Temasek too. So right now, we as minority shareholders can get together and vote a restounding " NO" to the buyout for this good denfensive stock to remain listed.   SMRT pays good dividends and the dividends provide me with a yearly free rides of the trains and buses.
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bikerlover
Member |
21-Jul-2016 11:19
Yells: "Good luck to your investing!!" |
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Remember 2008 finanical crisis?? I remember SMRT and Comfort Delgro hold well while all the rest drops in price. I remember that SMRT was around $1.50 at that time.  Because this counter is a very good denfensive stock. It makes good business sense for Temasek to buy this stock, since their portfolio drops in value and they need something to shore it up. |
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bikerlover
Member |
21-Jul-2016 11:14
Yells: "Good luck to your investing!!" |
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I' m going to vote " NO" to the Temasek buyout. I want this good company to remain listed. I know there' s many good years to go.  And remember population going to increase, therefore profits going to increase too!
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Qanghoo
Supreme |
21-Jul-2016 11:11
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Hard to say no one wants.  If we look at corporate history, there are lots of cases whaere it is after change of ownership that things really improve.  Why? When existing owners/management barks up the wrong tree, they will just continue to do so without a clue of better alternatives.  With our kind of system, where profits are more like guaranteed (just suck on commuters if don' t make enough lor), I bet there will more likely be many (don' t forget the foreign firms too) who are prepared to jump on it than otherwise.  N talking abt sucking on tax payers, let' s be fair.  SBST is also doing the same thing.
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sengsk
Elite |
21-Jul-2016 10:59
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Just accept it, No one else would want to counter offer as this Co. management so poor that even need your taxpayer fund to pump in. What do you think any others interested.
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toss52
Member |
21-Jul-2016 10:53
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Hmm, very confused. Given all the comments, should accept or no? TH cannot make new offer within a year? you sure? |
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investshare
Supreme |
21-Jul-2016 10:43
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no, under this arrangement, they cannot make new offer within a year. TH had at least one failed takeover last time, Stat chippak. I think offer price $1.8, failed, then the price fell to below $1.
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Goldfinger
Supreme |
21-Jul-2016 10:43
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Like all comments in the media - many people unhappy with the buyout price. My Wife was actually quite miffed. Doubt it will succeed - provided 26% minorities shares show up and vote against. Does anyone know if mail voting is allowed?
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toss52
Member |
21-Jul-2016 10:36
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But if unsuccessful, TH will come back with better offer? higher price? Has TH back away from a takeover before? Very malu if TH propose takeover and unsuccessful? |
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halleluyah
Supreme |
21-Jul-2016 10:31
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Nt worth the risk to jeep 1.66 as its nt cfm deal. If unsuccessful kena big hole....dyodd....
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jayarumah
Master |
21-Jul-2016 10:27
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Can consider buy some now .
The Offer Price can only go up. dyodd Another Tiger Air |
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investshare
Supreme |
21-Jul-2016 10:27
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look at the vol, many surrenders already.  |
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tanakow
Member |
21-Jul-2016 10:07
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that is provided the deal goes through. if it does not, the price may drop below your buying price. | ||||
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toss52
Member |
21-Jul-2016 10:04
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Just a noob qns. Now I buy at 1.66, then sell to TH at 1.68. I will be making money right? When can I sell to TH? How the takeover will happen? Is it a long process? My money is stuck for  now?  Never experience a takeover before. Experts, please advise. |
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ysh2006
Supreme |
21-Jul-2016 10:01
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If good deal take the money and go invest in other stock, why MRT ?...Investors cannot fight with TH and govt decision ....just like they want to sell NOL, Stat Chip Pack, SCM, or Keppel merge with SMM, if TH want  ?
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lionhill
Veteran |
21-Jul-2016 09:56
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this year' s peak is 1.66 on 02/03/16. there are some other people bought at 1.8~2.22 several years ago. I do not think they are happy with the offer. They may think the drop due to the rejection of offer is tempory. but if they accept the offer, loss turns out true.
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