Latest Forum Topics /
Sing Inv & Fin
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F H Lee Holdings
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alexchew
Master |
26-Mar-2019 19:26
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its properties worth $140m... not fully valued in the books... Account for additional 20% NAV at least if they put it in as fair value.. Super undervalued gem, with decent dividend of 4.5% at this price... keep loading.. Even some of the reits are around this yield currently... More and more cheap every year... hope one day,the true value is realised.. but not bad, get paid at decent yield while waiting.. Invest small currently... will slowly add... | ||||
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Jamesbond007
Veteran |
18-Feb-2019 19:16
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With DBS solid results, SIF Q4 RESULTS should do better than its Q1 to Q3 2018 results.
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Jamesbond007
Veteran |
11-Jun-2018 19:09
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SIF and Spura Finance should merge for synergy as both are small cap. | ||||
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simpleguy123
Elite |
11-Jun-2018 07:45
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Noticed these shares (SingRe, Sing Inv, Singapura Finance, etc. ) are adverse to manipulations. | ||||
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KAMAL0883
Supreme |
08-Jun-2018 17:27
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thanks 
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whenissued
Member |
08-Jun-2018 17:25
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" Think"   is the keyword here. Delisting removes all possibility of tapping (cheap) funds from the market. The listing cost is a fixed cost of doing business, so it should not be an issue to well-established companies like Sing Investments to handle. I also hold some shares in Singapura Finance, but it is out of sentimental reasons (when it was Singapura Building Society, they granted a loan to my parents to buy their home). Singapura Finance has a lot of loyal shareholders, with the demographics leaning towards 60 years and above. The shareholders do not easily sell their holdings, thus the stock is illiquid. The main shareholder is the Teo family holding company, synonymous with Singapura Finance. Seriously doubt anyone would sell their profitable business unless an absurdly huge offer is tabled by someone for their consideration.  
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KAMAL0883
Supreme |
08-Jun-2018 17:00
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avg less than 5 lots per day why dun they delist from SGX to save list cost ? dun think they need to tap funds from market another one is Singapura Finance i see the main holder damn kuku
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whenissued
Member |
08-Jun-2018 16:10
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Privatisation of a public company is  an option  an offeror can exercise only if the offeror holds or has purchased 90% or more of the issued stock. I have held Singapore Re before and it is quite an illiquid stock like this one. However, both Sing Investments and Singapore Reinsurance keep their SGX Mainboard status as there is at least 10% of their respective shares in public hands.  Now back to Sing Investments. FH Lee Holdings, in concert with Lee Sze Siong (who is the son of the late Lee Fee Huang, the founder of this finance company) may need to make a mandatory offer as per SGX Rules and Regulations to buy the rest of shares in circulation if they own 30% of all the shares. It now only takes a mere 10,000 shares purchase by FH Lee Holdings to cross the 30% share ownership threshold for Lee Sze Siong and FH Lee Holdings combined. The drama begins....
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simpleguy123
Elite |
08-Jun-2018 08:59
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Whats the percentage required for a privatisation?
Because theres another counter called "Singapore Reinsurance" that i'm holding. Lately abit of buying at $0.320/$0.325
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whenissued
Member |
07-Jun-2018 23:43
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FH Lee Holdings just did a married deal of 1.5 million shares on June 6 and June 7. Another smaller deal of say, 10,000 shares, and Lee Sze Siong and F H Lee Holdings in concert can (or mandatorily) make a general offer for the rest of the shares in circulation. Lee Sze Siong and F H Lee Holdings now hold  29.995%  of all voting shares!!! Now let' s wait and see.... | ||||
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whenissued
Member |
02-Feb-2018 14:56
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I have held this stock since 1996. This is a very " quiet" and illiquid stock, but nevertheless has very consistent divident payout every year (even in the financial crisis period). This substantial shareholder concluded at married deak for 1.55 million shares in end November 2017, and correct me if I am wrong, is 2+ million shares from triggering a mandatory takeover offer (assuming the deemed interest parties work in concert). For me, I will wait till the stock price (or offer price, whichever comes first!) is $2 or more before letting go. In the meantime, I am just happy collecting dividends... | ||||
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