Back

Latest Forum Topics / Advanced    Last:0.128    +0.001

Post Reply

Cash 35c nav 70c...share px only 23c...foc ?? Post Reply Rate topic
bernardc Elite	23-Aug-2017 10:03        bernardc About Contact  Quote this Post!
x 0   x 0  Alert Admin	all th etime..good for oneself  takes precedent Integrity      ( Date: 21-Aug-2017 14:47) Posted: --- Post Removed by User ---
Useful To Me  Not Useful To Me
bernardc Elite	22-Aug-2017 12:39        bernardc About Contact  Quote this Post!
x 0   x 0  Alert Admin	so creative accounting offrered.. free this free that?? what all free but no value offers.. bernardc      ( Date: 22-Aug-2017 12:36) Posted: yeah..why not buy?? because it needs money to buy..hahhahaah..no money  how to buy?? 50 cts  share swap...no money deal..lah.. this one biggie..kong way main chu lark Integrity      ( Date: 22-Aug-2017 12:34) Posted: --- Post Removed by User ---
Useful To Me  Not Useful To Me
bernardc Elite	22-Aug-2017 12:36        bernardc About Contact  Quote this Post!
x 0   x 0  Alert Admin	yeah..why not buy?? because it needs money to buy..hahhahaah..no money  how to buy?? 50 cts  share swap...no money deal..lah.. this one biggie..kong way main chu lark Integrity      ( Date: 22-Aug-2017 12:34) Posted: --- Post Removed by User ---
Useful To Me  Not Useful To Me
bernardc Elite	22-Aug-2017 12:29        bernardc About Contact  Quote this Post!
x 0   x 0  Alert Admin	herman,.. says if you fail..try try again...there is always a bigger sucker out there Integrity      ( Date: 21-Aug-2017 21:52) Posted: --- Post Removed by User ---
Useful To Me  Not Useful To Me
bernardc Elite	21-Aug-2017 20:23        bernardc About Contact  Quote this Post!
x 0   x 0  Alert Admin	same seller..Hermawan Herijanto ..haahahah Integrity      ( Date: 21-Aug-2017 19:17) Posted: --- Post Removed by User ---
Useful To Me  Not Useful To Me
edwinjup Supreme	21-Aug-2017 19:04        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Fyi...hope deal fail.... sunview      ( Date: 23-Jan-2017 09:11) Posted: Advanced Holdings to acquire Indonesian palm and timber plantations in a RTO deal. It is another  attempt by the Herijanto family after they failed to reach an agreement with Jaya Holdings in 2015. Please see SGX announcement.
Useful To Me  Not Useful To Me
edwinjup Supreme	21-Aug-2017 13:54        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Think he may quit after that....rto Integrity      ( Date: 21-Aug-2017 13:09) Posted: --- Post Removed by User ---
Useful To Me  Not Useful To Me
bernardc Elite	21-Aug-2017 12:52        bernardc About Contact  Quote this Post!
x 0   x 0  Alert Admin	can SGX object to the purchase of lousy coy..looking for back door listing?? edwinjup      ( Date: 21-Aug-2017 12:49) Posted: Buy lousy co at high price...in debt...and may undergo share conso....transfer to catalist....pls reject
Useful To Me  Not Useful To Me
edwinjup Supreme	21-Aug-2017 12:49        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Buy lousy co at high price...in debt...and may undergo share conso....transfer to catalist....pls reject
Useful To Me  Not Useful To Me
sunview Veteran	21-Aug-2017 11:58        sunview About Contact  Quote this Post!
x 0   x 0  Alert Admin	Advanced Holdings have further updated in a corrigendum that after the proposed acquisition that (a) total debt = $35.101m (vs $11.479m now) (b) total equity = $38.286m (vs $68.419m now) (c) gearing ratio = 0.92 (vs 0.17 now). It is also not made known for how long do Agicore Global entitled to hold those land development rights, the compensation cost per hectare and the existing development stage of their plantations. Obviously, it takes time to plant and grow the palm trees for yields to come. The proposed acquisition does not seem to be too attractive to existing shareholders. (at least not in the short term).   bernardc      ( Date: 21-Aug-2017 11:01) Posted: becaareful..negatuve equity...in rto coy sunview      ( Date: 18-Aug-2017 16:51) Posted: A RTO deal to turn the company into a crude palm oil plantation company has finally been proposed after 8 months of negotiation. The terms are slightly different from those announced earlier in Jan. The final acquisition price is now $147m, lower than the initial suggested purchase consideration of $180 to 240m.  In Jan, it was said the target assets have a land permit area of 232,102 hectares. This time, the target owns rights to develop only 196,121 hectares of plantation land. The Target Group has since commenced land compensation of 3,314 hectares and planting on 226 hectares. The purchase consideration will be satisified by $30m in cash and the remaining 117m by the issue and allotment of 234m new ordinary shares at $0.50 per share. Upon completion, the Target Group will own a 69.79% stake in the new company. The proposed acquisition still needs approval from SGX and Advanced&rsquo s shareholders at an EGM. It also carries with it other conditions, including a &ldquo whitewash waiver&rdquo from SIC to make a mandatory general offer. In other words, the proposal is still far from certain and existing shareholders will not enjoy an exit offer at $0.50. For FY16, the Target Group recorded a net loss of $3,417,000 and a negative net book value and net NTA. It looks like shareholders have to be patient for a turnaround.
Useful To Me  Not Useful To Me
bernardc Elite	21-Aug-2017 11:01        bernardc About Contact  Quote this Post!
x 0   x 0  Alert Admin	becaareful..negatuve equity...in rto coy sunview      ( Date: 18-Aug-2017 16:51) Posted: A RTO deal to turn the company into a crude palm oil plantation company has finally been proposed after 8 months of negotiation. The terms are slightly different from those announced earlier in Jan. The final acquisition price is now $147m, lower than the initial suggested purchase consideration of $180 to 240m.  In Jan, it was said the target assets have a land permit area of 232,102 hectares. This time, the target owns rights to develop only 196,121 hectares of plantation land. The Target Group has since commenced land compensation of 3,314 hectares and planting on 226 hectares. The purchase consideration will be satisified by $30m in cash and the remaining 117m by the issue and allotment of 234m new ordinary shares at $0.50 per share. Upon completion, the Target Group will own a 69.79% stake in the new company. The proposed acquisition still needs approval from SGX and Advanced&rsquo s shareholders at an EGM. It also carries with it other conditions, including a &ldquo whitewash waiver&rdquo from SIC to make a mandatory general offer. In other words, the proposal is still far from certain and existing shareholders will not enjoy an exit offer at $0.50. For FY16, the Target Group recorded a net loss of $3,417,000 and a negative net book value and net NTA. It looks like shareholders have to be patient for a turnaround.
Useful To Me  Not Useful To Me
sunview Veteran	18-Aug-2017 16:51        sunview About Contact  Quote this Post!
x 0   x 0  Alert Admin	A RTO deal to turn the company into a crude palm oil plantation company has finally been proposed after 8 months of negotiation. The terms are slightly different from those announced earlier in Jan. The final acquisition price is now $147m, lower than the initial suggested purchase consideration of $180 to 240m.  In Jan, it was said the target assets have a land permit area of 232,102 hectares. This time, the target owns rights to develop only 196,121 hectares of plantation land. The Target Group has since commenced land compensation of 3,314 hectares and planting on 226 hectares. The purchase consideration will be satisified by $30m in cash and the remaining 117m by the issue and allotment of 234m new ordinary shares at $0.50 per share. Upon completion, the Target Group will own a 69.79% stake in the new company. The proposed acquisition still needs approval from SGX and Advanced&rsquo s shareholders at an EGM. It also carries with it other conditions, including a &ldquo whitewash waiver&rdquo from SIC to make a mandatory general offer. In other words, the proposal is still far from certain and existing shareholders will not enjoy an exit offer at $0.50. For FY16, the Target Group recorded a net loss of $3,417,000 and a negative net book value and net NTA. It looks like shareholders have to be patient for a turnaround.
Useful To Me  Not Useful To Me
sunview Veteran	11-Apr-2017 13:20        sunview About Contact  Quote this Post!
x 0   x 0  Alert Admin	But volume is really pathetic.
Useful To Me  Not Useful To Me
sunview Veteran	11-Apr-2017 13:18        sunview About Contact  Quote this Post!
x 0   x 0  Alert Admin	$0.38,      2.5 cents for a 7% gain. A  rare appearance on the top% gainer list. Long term chart looks interesting. Almost 3 months have passed since the announcement of the non-binding reverse-takeover bid by Agricole Global. No sound no news.
Useful To Me  Not Useful To Me
sunview Veteran	16-Mar-2017 10:53        sunview About Contact  Quote this Post!
x 0   x 0  Alert Admin	Advanced has finally broken the $0.32 resistance, but the transaction volume was too low for comfort. Integrity Master, are you the one who engineered the move ?
Useful To Me  Not Useful To Me
tankookoo Master	02-Mar-2017 19:11        tankookoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	HUAT AR!!! Integrity      ( Date: 02-Mar-2017 18:42) Posted: --- Post Removed by User ---
Useful To Me  Not Useful To Me
nngeeh Veteran	23-Jan-2017 14:13        nngeeh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks bro for the analysis below. I think the key question will be on the value of the asset. For Jaya, the purchase consideration is $150M in 2015, whereas for Advance, the value of the asset is from $180M. The area of consideration under Jaya deal is 263,000 hectares whereas for Advance is 232,102 hectares. For Jaya, it' s purely paid by issuing new shares, whereas for Advance ... it involves cash. It seems that Jaya has much better deal. Maybe the land price or palm oil price has gone up ...  sunview      ( Date: 23-Jan-2017 12:10) Posted: Sorry some mistake in the calculation I am just taking the figures provided by  forumers to make a crude back-of -envelope calculation. Existing no of shares = 101,268,367 shares Advanced Holdings'   cash in hand = $38m NAV = $67m Purchase price = $200m Assume Advanced is going to pay 10% in cash ($20m) and the rest by issuing new shares at $0.50 per shares to the Agricole Global group, Agricole need to fork out $160m ($180m - 20m cash paid by Advanced) for 320m new shares. This brings the total no of shares in the NEW company to 421,268,367 shares, or ~ 76% control of the NEW company. The total asset of the NEW company includes ($67m - 20m) = $47m NAV from the to-be-acquired Advanced + $200m palm oil plantation and timber business.   sunview      ( Date: 23-Jan-2017 12:01) Posted: I am just taking the figures provided by  forumers to make a crude back-of -envelope calculation. Existing no of shares = 101,268,367 shares Advanced Holdings'   cash in hand = $38m NAV = $67m Purchase price = $200m Assume Advanced is going to pay 10% in cash ($20m) and the rest by issuing new shares at $0.50 per shares to the Agricole Global group, Agricole need to fork out $160m ($180m - 20m cash paid by Advanced) for 364m new shares. This brings the total no of shares in the NEW company to 465,268,367 shares, or ~ 78% control of the NEW company. The total asset of the NEW company includes ($67m - 20m) = $47m NAV from the to-be-acquired Advanced + $200m palm oil plantation and timber business.
Useful To Me  Not Useful To Me
sunview Veteran	23-Jan-2017 12:59        sunview About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro Edwin, please note that the proposed deal is a reverse takeover, and if successful, Dr Wong Kar Wong and Dr Choo Boy Lee Emily will end up holding only minority interests and losing control of the company. Advanced do not have the $200m to spend to acquire business of their liking. edwinjup      ( Date: 23-Jan-2017 12:35) Posted: Feel not worth it...lol..i will.prefer they spend their $200m buy some good value.company listed in sgx....rather then buy some.platation that dont know.good or.bad......die die.must ask the seller provide.some.profut gurantee for adv....orelse. dont wan approve. nngeeh      ( Date: 23-Jan-2017 10:50) Posted: Bro Edwin, I was looking at the Jaya announcement back in 2015. The purchase consideration was as per what you said ... $150M. At that time, Jaya has cash worth $18M. Meaning, if the RTO is succesful, the new business will be listed by injecting $150M worh of business, but also has access to Jaya' s asset of $18M cash, right? But for Advance, the purchase consideration is $180M, but in the RTO scenario, the new business will take over Advance' s asset which is estimated to be worth $67M ( NAV of 0.66 x total shares of 101268367). The share issue consideration of Jaya is 0.52 whereas Advance is 0.5. Am i right to say that it' s much expensive RTO deal for Advance if you compare with Jaya?
Useful To Me  Not Useful To Me
edwinjup Supreme	23-Jan-2017 12:35        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Feel not worth it...lol..i will.prefer they spend their $200m buy some good value.company listed in sgx....rather then buy some.platation that dont know.good or.bad......die die.must ask the seller provide.some.profut gurantee for adv....orelse. dont wan approve. nngeeh      ( Date: 23-Jan-2017 10:50) Posted: Bro Edwin, I was looking at the Jaya announcement back in 2015. The purchase consideration was as per what you said ... $150M. At that time, Jaya has cash worth $18M. Meaning, if the RTO is succesful, the new business will be listed by injecting $150M worh of business, but also has access to Jaya' s asset of $18M cash, right? But for Advance, the purchase consideration is $180M, but in the RTO scenario, the new business will take over Advance' s asset which is estimated to be worth $67M ( NAV of 0.66 x total shares of 101268367). The share issue consideration of Jaya is 0.52 whereas Advance is 0.5. Am i right to say that it' s much expensive RTO deal for Advance if you compare with Jaya? edwinjup      ( Date: 23-Jan-2017 09:52) Posted: Jaya willing to pay $150m by share issue at 52c b4 conso....
Useful To Me  Not Useful To Me
sunview Veteran	23-Jan-2017 12:15        sunview About Contact  Quote this Post!
x 0   x 0  Alert Admin	It is important to note that the proposed acquisition is Non-binding.
Useful To Me  Not Useful To Me

                                                         First   < Newer   101-120 of 146   Older>   Last