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happyharvest Elite	09-Mar-2017 09:27        happyharvest About Contact  Quote this Post!
x 0   x 0  Alert Admin	Halted. What's up again?
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teeth53 Supreme	09-Mar-2017 08:49        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	So. U selling to Lippi?. I'm doing nothing nngeeh      ( Date: 07-Mar-2017 16:34) Posted: I have already received the offer document....  nothing wrong with the offer. I' m just not familiar with the requirement on providing updates regarding the take-up rate. yingtai      ( Date: 07-Mar-2017 12:06) Posted: Better not touch this. Lippo hasnt made any update of shares acquire on this counter for the past 1 week. Sounds not right with the high volume trading before
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Msport Elite	09-Mar-2017 08:34        Msport About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	gentle care buying in market at 0.042..
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HB8289 Master	09-Mar-2017 08:29        HB8289 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Same thinking   mrwise      ( Date: 09-Mar-2017 07:59) Posted: Trading halt! Can we see a revised offer?? Let's watch!
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mrwise Supreme	09-Mar-2017 07:59        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Trading halt! Can we see a revised offer?? Let's watch!
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chrisy1p Member	08-Mar-2017 23:15        chrisy1p About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	As at 8 Mar 5pm, they have 18.92% Now they need to reach 50%, once they reached 50%, they will notify those shareholders who did not accept the offer. At that point in time, I can still decide whether or not to accept the offer at $0.042. After they reach 50%, they will try to reach 90%. From other listed co, once they reach 90%, then I have to decide. Otherwise, I may get a share cert if I chose not to take any action when they decide to delist. I also understand that they can also opt for compulsorily acquistion where they will automatically pay me without me doing anything.
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nngeeh Veteran	08-Mar-2017 09:04        nngeeh About Contact  Quote this Post!
x 0   x 0  Alert Admin	The shares belong to you... and they can' t force you to sell unless they have accumulated more than 95% where they can exercise their right to buy back the remaining 5%. At that point, you will not have to choice to reject it. If they have accumulated 30%, they will be force to make mandatory offer... but you will still have the choice to reject. Currently, they are only at 18.8%. Still a Long Long way before they can force you to sell back at 95%. chriscyng      ( Date: 08-Mar-2017 08:34) Posted: I had received the offer document.. Can I dont exercise to sell or it is a mandatory to sell ?
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HB8289 Master	08-Mar-2017 08:55        HB8289 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Yes you can .  chriscyng      ( Date: 08-Mar-2017 08:34) Posted: I had received the offer document.. Can I dont exercise to sell or it is a mandatory to sell ?
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nngeeh Veteran	08-Mar-2017 08:53        nngeeh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not sure if anyone is able know who was bought after the offer announcement when it was traded above the offer price? Even if Lippo was buying ... they will have to do it via other means... like thru business partners. They can' t be seen buying above the offer price... especially when they just made the offer. It will make them look desperate... and shareholders won' t sell it to them at 42 if they are desperate and willing to pay above it when the offer is still so fresh. They will have to be seen like they won' t increase the price... for shareholders to sell it to them at 42. nngeeh      ( Date: 07-Mar-2017 20:37) Posted: They just made the offer at 42 and if they went out to purchase at higher price immediately... what message will they be sending out? Will shareholder accept their offer of 42 if there are announcement that Lippo had gone out to buy from market at higher price immediately after the offer? yingtai      ( Date: 07-Mar-2017 19:18) Posted: Proof that not lippo behind last week. Lippo not interested with higher price.
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chriscyng Member	08-Mar-2017 08:34        chriscyng About Contact  Quote this Post!
x 0   x 0  Alert Admin	I had received the offer document.. Can I dont exercise to sell or it is a mandatory to sell ?
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newbieinvestor Member	07-Mar-2017 23:35        newbieinvestor About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Anyway. Do Healthway breach any rules n regulation set by SGX-ST?. They wanted an Independent Review. How to answer leh. Wait for Independent Review. Healthway funded this PRC business in 2009, a sum of S$36.6 mil, accounting for it as loan receivable. Because of it operating losses in PRC business (high rental and doctors' salaries, etc) Healthway made allowances for doubtful loan receivables in past years. This is a non-cash accounting treatment. What you mean non-cash? S$36.6 mil go to China is what? monopoly money? Non-cash go to China why you want to loan from gateway S$70 mil? You still got keep the S$36.6 mil? Where you keep? Inside your pillow? In 2015,  Wei Yi Shi Ye  became the target of a possible  acquisition by a third party, and a letter of intent was signed.  Healthway envisaged the sales proceeds would be utilised to settle the loan receivables due from  Wei Yi Shi Ye.  The acquisition, however, did not happen.    The balance loan receivable as at 31 Dec 2016 was S$21.6 mil, which Healthway chose to make an allowance for in its entirety. Hallo the company sales so small S$62,000 got people want to buy you S$21.6 mil? real or bluff one? Ihe fact, with Chinese business reducing its losses substantially over the years, Healthway is hopeful it would break-even this year.    As and when the PRC business returns to profitability, Healthway will be able to write back the loans receivable. And there may be real cashflow back to Healthway. Real or bluff? you see the China sales and EBITDA. loss is grow bigger every year. sales is go down. 2016 sales S$62,000, EBITDA S$(22,714,000), loan to China S$1,300,000 2015 sales S$257,000, EBITDA S$(1,774,000), loan to China S$3,223,000 2014 sales S$249,000, EBITDA S$(39,000), loan to China S$4,089,000 You one year sales so small only S$62,000? you do what medical business in China? sell Panadol ah? you still loan to China S$1.3 mil? money go where? last time you one year sales only S$250,000 you also loan some more to China S$3-4 mil? directors siao ah? You loan to China got no interest? what special loan got no interest? directors loan to China no interest and no need pay back. all write off. directors borrow from gateway got interest 16.5%. if naver pay back gateway takeover company. where this directors learn to do business? he stupid or something not right leh. if SGX let him be director he must not stupid. so something not right?   UNAUDITED FINANCIAL STATEMENTS AND DIVIDENDS ANNOUNCEMENT FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016 Cash flow used in investing activities for FY2016 was S$2.0 million as compared to S$10.6 million for FY2015. The cash flow used in investing activities for FY2016 was mainly due to increase in loan receivables of S$1.3 million from Party B&rsquo s medical centres in China. and net advances to HME&rsquo s clinics managed by the Group of S$0.5 million, purchase of property, plant and equipment of S$0.3 million, offset by proceeds from disposal of property, plant and equipment of S$0.1 million. The Group&rsquo s continued funding to Party B has been largely driven by the Group&rsquo s intent to expand into the China market and to facilitate the continued operations of the medical centers in China in order to preserve the value of relevant licenses. ANNUAL REPORT 2015 During the financial year, the Group extended the existing loan to party B by an additional $3,223,000 (2014: $4,089,000) and has made a commercial decision to waive its right to charge interest during the current and previous financial year to ease the cash flow in view of the current operating circumstances of party B. The loan is not expected to be repaid within 12 months from the balance sheet date.   teeth53      ( Date: 07-Mar-2017 14:32) Posted: Anyway. Do Healthway breach any rules n regulation set by SGX-ST?. They wanted an Independent Review. China business goes wary:  -  In its FY2016 results released on 24 Feb 2017, Healthway made an  allowance for doubtful loan receivables  of S$21.6 mil from " Party B" which it named as Wei Yi Shi Ye Co. Ltd.  Party B identity is not a secret and it was first revealed by Healthway several years ago. Wei Yi Shi Ye operates, owns medical and dental practices and a hospital in Shanghai.  Healthway acquired and appointed a PRC national as shareholder. (Note - Healthway, as a foreign enterprise, could not own it  outright.)   teeth53 thot - what Fan n daughter way of do PRC business in China, a wishy n washy way. The PRC share-holder has no role in business of Healthway. It appointed its own staff as the sole executive director to run the integrity of it operations.   Healthway funded this PRC business in 2009, a sum of S$36.6 mil, accounting for it as loan receivable.  Because of it operating losses in PRC business (high rental and doctors' salaries, etc) Healthway made allowances for doubtful loan receivables in past years. This is a non-cash accounting treatment.  In 2015,  Wei Yi Shi Ye  became the target of a possible  acquisition by a third party, and a letter of intent was signed.  Healthway envisaged the sales proceeds would be utilised to settle the loan receivables due from  Wei Yi Shi Ye.  The acquisition, however, did not happen.   The balance loan receivable as at 31 Dec 2016 was S$21.6 mil, which Healthway chose to make an allowance for in its entirety. (This is so that in future, there is no further need to impair.) Ihe fact, with Chinese business reducing its losses substantially over the years, Healthway is hopeful it would break-even this year.   As and when the PRC business returns to profitability, Healthway will be able to write back the loans receivable. And there may be real cashflow back to Healthway. happyharvest      ( Date: 06-Mar-2017 21:20) Posted: https://www.nextinsight.net/story-archive-mainmenu-60/939-2017/11341-healthway-medical-insights-into-its-receivables
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nngeeh Veteran	07-Mar-2017 20:37        nngeeh About Contact  Quote this Post!
x 0   x 0  Alert Admin	They just made the offer at 42 and if they went out to purchase at higher price immediately... what message will they be sending out? Will shareholder accept their offer of 42 if there are announcement that Lippo had gone out to buy from market at higher price immediately after the offer? yingtai      ( Date: 07-Mar-2017 19:18) Posted: Proof that not lippo behind last week. Lippo not interested with higher price. nngeeh      ( Date: 07-Mar-2017 18:52) Posted: So odd... they finally made the dealing announcement. I thought they should have disclosed it even earlier.... anyway Lippo has 18.83%... still a Long way to go
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HB8289 Master	07-Mar-2017 19:58        HB8289 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	2. DEALINGS BY THE OFFEROR Pursuant to Rule 12.1 of the Singapore Code on Take-overs and Mergers, RHBSEC wishes to announce, for and on behalf of the Offeror, that the Offeror has acquired the following Shares2 on 7 March 2017 (the &ldquo Acquired Shares&rdquo ) on the SGX-ST, details of which are set out below: S/N Description 1. Total number of Acquired Shares 9,600,400 2. Nature of Dealing Open market purchases 3. Percentage of the total number of Shares(1) constituted by the Acquired Shares 0.39%(2) 4. Consideration paid per Share for the Acquired Shares, excluding brokerage fee, clearing fee and applicable tax S$0.042 5. Resultant total number of Shares owned, controlled or agreed to be acquired by the Offeror and parties acting or presumed to be acting in concert with the Offeror (excluding valid acceptances of the Offer) 463,339,138 6. Resultant percentage of the total number of Shares(1) represented by all Shares owned, controlled or agreed to be acquired by the Offeror and parties acting or presumed to be acting in concert with the Offeror (excluding valid acceptances of the Offer) 18.83%(2) Notes: (1) In this Announcement, the total number of issued Shares in the capital of the Company is 2,460,234,183 Shares. (2) Rounded to the nearest two decimal places.
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yingtai Member	07-Mar-2017 19:18        yingtai About Contact  Quote this Post!
x 0   x 0  Alert Admin	Proof that not lippo behind last week. Lippo not interested with higher price. nngeeh      ( Date: 07-Mar-2017 18:52) Posted: So odd... they finally made the dealing announcement. I thought they should have disclosed it even earlier.... anyway Lippo has 18.83%... still a Long way to go nngeeh      ( Date: 07-Mar-2017 18:00) Posted: If Lippo is gaining control, i' m willing to go in at 43. In long run, i believe it' s positive. If not, Lippo won' t come in at this level on a mico penny counter. My only worry is that gateway is not willing to let go at 42, and Lippo is not able to gain control. However, i believe when Lippo made an offer at 42 and they inject ard $6m between Dec and Jan to buy from open market, they are already confident of gaining control. But ... it' s better to get the confirmation from the daily update on their holding. Just do not know why there is no daily update on this. If you look at other offer, they will provide this daily update.
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nngeeh Veteran	07-Mar-2017 18:52        nngeeh About Contact  Quote this Post!
x 0   x 0  Alert Admin	So odd... they finally made the dealing announcement. I thought they should have disclosed it even earlier.... anyway Lippo has 18.83%... still a Long way to go nngeeh      ( Date: 07-Mar-2017 18:00) Posted: If Lippo is gaining control, i' m willing to go in at 43. In long run, i believe it' s positive. If not, Lippo won' t come in at this level on a mico penny counter. My only worry is that gateway is not willing to let go at 42, and Lippo is not able to gain control. However, i believe when Lippo made an offer at 42 and they inject ard $6m between Dec and Jan to buy from open market, they are already confident of gaining control. But ... it' s better to get the confirmation from the daily update on their holding. Just do not know why there is no daily update on this. If you look at other offer, they will provide this daily update. teeth53      ( Date: 07-Mar-2017 16:56) Posted: Lippo is buying only at 0.042c n not buying up. They want to take control at only 0.042c. I try last 3-days Q-ing at 0.042c. Cannot get. Good luck to you, unless U willing to buy at 0.043c
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nngeeh Veteran	07-Mar-2017 18:00        nngeeh About Contact  Quote this Post!
x 0   x 0  Alert Admin	If Lippo is gaining control, i' m willing to go in at 43. In long run, i believe it' s positive. If not, Lippo won' t come in at this level on a mico penny counter. My only worry is that gateway is not willing to let go at 42, and Lippo is not able to gain control. However, i believe when Lippo made an offer at 42 and they inject ard $6m between Dec and Jan to buy from open market, they are already confident of gaining control. But ... it' s better to get the confirmation from the daily update on their holding. Just do not know why there is no daily update on this. If you look at other offer, they will provide this daily update. teeth53      ( Date: 07-Mar-2017 16:56) Posted: Lippo is buying only at 0.042c n not buying up. They want to take control at only 0.042c. I try last 3-days Q-ing at 0.042c. Cannot get. Good luck to you, unless U willing to buy at 0.043c nngeeh      ( Date: 07-Mar-2017 11:39) Posted: I thought the they will need to make daily announcement ... if Lippo' s share keep going up ... might want to invest more.
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teeth53 Supreme	07-Mar-2017 17:19        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	Noted:  Based on  shr-holding (%) is computed based on the Coy' s issued share capital of    2,460,234,183 Today order is 11,050,400 milliom shr bot or 0.4185% TOTAL 55 deal all sold to buyers - 11,050,400   Including those after 5pm n included  100 shr worth only four dollar n twenty cents?. ($4.20)  Time Last Volume Bid/Ask 17:04:46 0.042 100 B 17:04:46 0.042 200,000 B 17:04:46 0.042 200,000 B 17:04:46 0.042 61,600 B 17:04:46 0.042 200,000 B 17:04:46 0.042 438,400 B 17:04:46 0.042 200,000 B 17:04:46 0.042 25,000 B 17:04:46 0.042 36,500 B
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teeth53 Supreme	07-Mar-2017 16:56        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	Lippo is buying only at 0.042c n not buying up. They want to take control at only 0.042c. I try last 3-days Q-ing at 0.042c. Cannot get. Good luck to you, unless U willing to buy at 0.043c nngeeh      ( Date: 07-Mar-2017 11:39) Posted: I thought the they will need to make daily announcement ... if Lippo' s share keep going up ... might want to invest more. yingtai      ( Date: 07-Mar-2017 11:24) Posted: Most likely is not Lippo behind. Capuld be Gateway
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teeth53 Supreme	07-Mar-2017 16:46        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	Wondering. If breach any rules n regulation, will they be call up, (If any) financial hanky panky PRC business. The new owner of HMC can lay claim n claw back some money bo?. Sporeguy      ( Date: 07-Mar-2017 14:53) Posted: Medical Stocks are growth stocks, good for young investors. For Eg, RMG commands a high price. Healthway could be one, but because it tries shortcut, wanting fast growth but not ethical way of expanding the company! Whoever takeover, hopefully are more prudent.
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nngeeh Veteran	07-Mar-2017 16:34        nngeeh About Contact  Quote this Post!
x 0   x 0  Alert Admin	I have already received the offer document....  nothing wrong with the offer. I' m just not familiar with the requirement on providing updates regarding the take-up rate. yingtai      ( Date: 07-Mar-2017 12:06) Posted: Better not touch this. Lippo hasnt made any update of shares acquire on this counter for the past 1 week. Sounds not right with the high volume trading before. nngeeh      ( Date: 07-Mar-2017 11:39) Posted: I thought the they will need to make daily announcement ... if Lippo' s share keep going up ... might want to invest more.
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