| Latest Forum Topics / SMRT |
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SMRT
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pinkowl
Supreme |
26-Jul-2016 11:41
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Thanks. So you have sold off already? I was vested too, but sold it at around 1.67 a few months back. Will hang on for a while and monitor. 
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GoldNugget
Elite |
26-Jul-2016 11:29
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anyone know where can see a list of major share holder of SMRT other then TH? I cant find an accurate list. |
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GoldNugget
Elite |
26-Jul-2016 11:27
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agreed
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investshare
Supreme |
26-Jul-2016 08:43
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Under scheme of arrangement, Tem cannot raise the offer price within one year. So there can only be 2 possible outcome.
1. The deal goes thru, so existing shareholders get $1.68 per share. Upside is limited. 2. The deal does not get thru. Long term prospect and price is anyone's guess. But short term the price will definitely drop. So downside is significant. As such, in my personal opinion, logically existing shareholders, regardless their view on the deal or company prospect, should sell in the open market now. Use the fund to invest in other under valued stocks. |
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sun233
Elite |
26-Jul-2016 07:30
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I agree. It will be a while before things go through. That is what i meant by oppurtunity cost. You can use yr cash to buy some other stock tat is on the move. There is chance to collect this later when it goes down further. I' m still waiting for SIAS to sound off. Not that i value their opinion but just curious to see what they will say. I was vested at 1.47.
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pinkowl
Supreme |
25-Jul-2016 23:42
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Thanks for sharing. Hope to join u soon.
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halleluyah
Supreme |
25-Jul-2016 23:13
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Collected some liao 1.645/1.64 & still waiting to add...vol has been lesser by abt half each day passes by....agak wun go tat low....
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pinkowl
Supreme |
25-Jul-2016 22:59
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You collected or still waiting?
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pinkowl
Supreme |
25-Jul-2016 22:57
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Now not worth while for me to enter. If it goes lower, I may consider. Good luck to you. :) I feel that most likely it would go through.
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halleluyah
Supreme |
25-Jul-2016 18:00
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Fund hses dun mind dumping first just fr few cts different...show tat vry high chance deal thru ($1.68)....so i dun mind collected some fr kopi $$ since mkt nt tat gd....hold till Sept/Oct lah.... 
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sun233
Elite |
25-Jul-2016 17:57
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Ya man. Who will vote no. Big holders also indebted to Temasek. Temasek holds shares in most companies holding Smrt shares. They behind the scenes come up with plan to ensure this deal will go through. Check prospectus or further down this chin.I published major holders of SMRT. Major holders shares are held by Temasek. LOL
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sun233
Elite |
25-Jul-2016 17:53
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Samo samo. It happened to NOL too. Will continue down until big funds decide they want to bring it back up. I remember NOL also ding dong ding dong like this until funds realised that buying up started then it went up to offer price.. Deal will most likely go through so just have to see if hv holding power to hold or opportunity cost too high to hold.
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investshare
Supreme |
25-Jul-2016 17:43
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But temaseks friends can buy.
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pinkowl
Supreme |
25-Jul-2016 16:24
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Break to 1.635. People really dumping this despite general offer. Can' t wait to see how low this will get.  |
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Demostation
Supreme |
25-Jul-2016 16:17
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True but not true.   There is such a thing as " proxy" .   Proxy this, proxy that.  
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qwertyuiop00
Veteran |
25-Jul-2016 15:57
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Temasek is not allowed to buy, FYI
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Demostation
Supreme |
25-Jul-2016 15:11
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Nowadays, voting is always by polls and not by show of hands.   So the " auditors" will count how many shares voted yes and how many voted no.   Tell me retailers like us got chance to steer things in our way?   In Sg it is never.   Rarely if any voting resulted in a " NO" unless a major holder has enough shares and combined with other shareholders' shares make up the majority in the counting. |
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sengsk
Elite |
25-Jul-2016 12:41
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Those bot it are waiting to collect 1.8% profit, Surely vote YES
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GoldNugget
Elite |
25-Jul-2016 12:32
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a broker show his own account .. bought 250k SGD worth of SMRT. about 8-9% of the non TH outstanding shares has transacted. logically speaking those people who bought should be voting yes. I doubt TH has collected ... if they collect ... they are lowering their chance of having a YES vote.
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halleluyah
Supreme |
25-Jul-2016 12:25
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My broker cakap vry high chance deal go thru as last 2 days  fund hse heavily sold down n temasek might hv collected....
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