| Latest Forum Topics / Singapore eDev |
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Singapore eDev
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Superkilat
Elite |
26-Jun-2020 19:45
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Sounds good but is deceiving. To Mr Chan, it is no event, left pocket to right pocket. But to SeD minority shareholders, it is a losing event. With the latest development, impact Bio worth much more than USD 933m. But what SeD get in return is capped to 19.9% of DSS. To Mr Chan, he is the major shareholder of both SeD and DSS. So to him, it is no event. But he chooses to sacrify SeD minority shareholders. Now you understand? Haha. Not to late. Sell if you are still holding. Short with me. It is real Win-Win.! | ||||
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98mich98
Master |
26-Jun-2020 19:44
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If want to count by valuation, DSS will be worth $60 base on SeD price now😀
But Ang mo dont know how to count. I already load up DSS and wait.
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Sg2022yu
Veteran |
26-Jun-2020 19:29
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Impact bio' s suite is valued at USD 592 Million at around end April 2020 and another valuation was done in end May to be USD 933 million. As such, i cannot see why DSS would vote against this swap share deal (heard their vote is in end July, cannot find source) which the agreed value of impact bio at USD 50 mil. Even if we take 10% of the value, its still a gain. (Not to mention with the new development/latest announcement, would it be valued even more than USD 933 million?) Some may question why SED do the swap deal then since its value is much more than the 50 million swap deal. Well, Impact bio need DSS for its US exposure and the swap deal means that SED also owns DSS up to 19.9%.. so if DSS HUAT, Sed also HUAT. " Win-Win" .  This is the Long term game... short term if no news, there could be fluctuations or moving side lines... but once there is news coverage on any of the milestone.. it' s gonna rocket  |
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Sg2022yu
Veteran |
26-Jun-2020 18:38
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previous is 99% now today is the last % . its done deal....
Good, embarking the journey to clock the next milestone
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Justice888
Supreme |
26-Jun-2020 18:13
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U still holding ?
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Smallball
Senior |
26-Jun-2020 18:09
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Mean good news | ||||
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98mich98
Master |
26-Jun-2020 18:09
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Yes. SED will own 19% of dss(impact bio) and 47m worth of bonds.
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unreal
Member |
26-Jun-2020 17:53
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first post here - pls correct me if im wrong on any front. SED' s EGM today was to pass a vote on the share exchange between impact biomedical, SED & DSS:  http://sed.com.sg/content/uploads/2020/06/SeD-EGMNotice.pdf  (it passed). This means that SED who previously had an effective 66.67% ownership of Equivir and 3F Antiviral Biofragrancelink here :https://links.sgx.com/FileOpen/SeD-Ann-%20Response_to_SGX_Queries.ashx?App=Announcement& FileID=620915 (via Impact Biomedical and thereafter Global Biolife Inc)  will be swapped for DSS shares instead, and DSS will assume the ownership of said patents. There' s some chatter on the US platforms about DSS - which should see some movement today because of this news. Effect on SED is not clear, but it could be that the DSS shares and bonds that they have will improve the outlook of SED.    |
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Superkilat
Elite |
26-Jun-2020 17:42
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Game over liao lor. But shorting just starting. Follow me! | ||||
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shyeo1223
Master |
26-Jun-2020 17:16
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So does the egm outcome means no show for SED liao? | ||||
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JY0064
Senior |
26-Jun-2020 17:12
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Sifu, is it true boruilang (poor poor people) no money to buy that' s why they short ? I find it hard to cover here and there lei ? 
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Superkilat
Elite |
26-Jun-2020 17:03
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Song bo? Next Mon join me to short! Huat ah!!! | ||||
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WL123456
Supreme |
26-Jun-2020 16:59
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Negative futures and T+2 , don?t expect much. Can hold it?s at 0.09+ not bad already. | ||||
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Rhyzhel
Member |
26-Jun-2020 16:34
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Boss Chan will need to work on his press release there. not enough news coverage. Once they got wind of the votes that went through, dss will take off.
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Rhyzhel
Member |
26-Jun-2020 16:29
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I think it will especially with the swap deal now already confirmed.
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wolverine23
Supreme |
26-Jun-2020 16:24
Yells: "Medical Bull 2020 !!!!!!!! = Internet Bull 2000 !!!!!!!!" |
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i am curious to see if DSS will really run tonight
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guards80
Supreme |
26-Jun-2020 16:24
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Buy back means cover liaoz.
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Rhyzhel
Member |
26-Jun-2020 16:20
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Dss up to 8.98 now. Cover your short soon | ||||
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JY0064
Senior |
26-Jun-2020 16:18
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Guards80 Sifu, how to cover short ? | ||||
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Superkilat
Elite |
26-Jun-2020 16:15
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Covered my short. Thank you. | ||||
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