Back

Latest Forum Topics / Healthway Med

Post Reply

Riverstone go go go! Post Reply Rate topic
newbieinvestor Member	06-Mar-2017 12:49        newbieinvestor About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	small retailer suffer SGX never do anything. got smoke long time SGX never check the fire. where got company report loan to Party A, B, C so many years and never give who is Party A, B, C. Now must write off loan cannot hide only tell? where got company loan $100m to Party A, B, C? His profit only $0.1m he can still loan so many $ million to other company? Own company got no cash still want to give money to who? directors friend, daughter? SGX sleeping?   churnw      ( Date: 06-Mar-2017 10:28) Posted: In the end , small retailer suffer..
Useful To Me  Not Useful To Me
happyharvest Elite	06-Mar-2017 11:12        happyharvest About Contact  Quote this Post!
x 0   x 0  Alert Admin	Current directors will run it to the ground nngeeh      ( Date: 06-Mar-2017 10:38) Posted: Even if the share will get diluted when Lippo take over, it' ll still be a better scenario than to let the current directors continue to run this coy. Daxtheman      ( Date: 06-Mar-2017 08:39) Posted: I believe this are all pre-planned to help lippo become controlling shareholders. The SGX query should pressure them to sell to lippo. Should see some news soon
Useful To Me  Not Useful To Me
nngeeh Veteran	06-Mar-2017 10:38        nngeeh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Even if the share will get diluted when Lippo take over, it' ll still be a better scenario than to let the current directors continue to run this coy. Daxtheman      ( Date: 06-Mar-2017 08:39) Posted: I believe this are all pre-planned to help lippo become controlling shareholders. The SGX query should pressure them to sell to lippo. Should see some news soon? nngeeh      ( Date: 06-Mar-2017 08:02) Posted: All I see is 2 big giant fighting to gain control over a company that has no money and risk of bankruptcy. If the risk is really so high... why will Lippo still willing to pump $6M recently to accumulate the share to fight Gateway which has the upper hand now and willing to invest another possible 50-100 million as part of the offer. We are talking about Lippo that owns billion of investment... and not the tiny fund house. If there is no potential... and there is a risk of losing all, why will Gateway be willing to loan out $70million? There must be great potential to attract big giant like Lippo to go to this extend over a penny stock. Beside IHC... have you seen Lippo going to his extend over a penny stock
Useful To Me  Not Useful To Me
churnw Elite	06-Mar-2017 10:28        churnw About Contact  Quote this Post!
x 0   x 0  Alert Admin	In the end , small retailer suffer..
Useful To Me  Not Useful To Me
Daxtheman Veteran	06-Mar-2017 08:39        Daxtheman About Contact  Quote this Post!
x 0   x 0  Alert Admin	I believe this are all pre-planned to help lippo become controlling shareholders. The SGX query should pressure them to sell to lippo. Should see some news soon? nngeeh      ( Date: 06-Mar-2017 08:02) Posted: All I see is 2 big giant fighting to gain control over a company that has no money and risk of bankruptcy. If the risk is really so high... why will Lippo still willing to pump $6M recently to accumulate the share to fight Gateway which has the upper hand now and willing to invest another possible 50-100 million as part of the offer. We are talking about Lippo that owns billion of investment... and not the tiny fund house. If there is no potential... and there is a risk of losing all, why will Gateway be willing to loan out $70million? There must be great potential to attract big giant like Lippo to go to this extend over a penny stock. Beside IHC... have you seen Lippo going to his extend over a penny stock newbieinvestor      ( Date: 05-Mar-2017 22:55) Posted: i think we not see big picture. company is no more money. must faster take $28m cash. if can borrow $28m and must pay 16.5% interest = $4.6m interest one year. Company one year profit $0.1m cannot pay interest. So borrow $28m not solve company problem. Company still bankrupt.  Solution is not pay back loan. Solution is convert loan to shares. Why amount is $70m? Is it so convert $70m = 47.4%? you can buy share up to 4.9% no need declare. 47.4% + 4.9% = 52.3%. Same like Lippo VGO. Gateway also die die want 50%. Cannot less. More than 50% is full control the company. HMC director borrow $70m is to help Gateway take control. But he clever. Do with the borrowing not do like Lippo with the VGO. Borrowing no need shareholder approval. Director borrow already shareholder got no need to want to agree for conversion. No convert also cannot la. Where to find $100m to pay back Gateway? I hold the gun in your face, you want to vote for me or not? You can say no? pui
Useful To Me  Not Useful To Me
Msport Elite	06-Mar-2017 08:21        Msport About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	Gateway is with current mgmt.. they are just borrowing to milk the coy... lend out to others and write off... that why sgx wana investigate them....
Useful To Me  Not Useful To Me
nngeeh Veteran	06-Mar-2017 08:02        nngeeh About Contact  Quote this Post!
x 0   x 0  Alert Admin	All I see is 2 big giant fighting to gain control over a company that has no money and risk of bankruptcy. If the risk is really so high... why will Lippo still willing to pump $6M recently to accumulate the share to fight Gateway which has the upper hand now and willing to invest another possible 50-100 million as part of the offer. We are talking about Lippo that owns billion of investment... and not the tiny fund house. If there is no potential... and there is a risk of losing all, why will Gateway be willing to loan out $70million? There must be great potential to attract big giant like Lippo to go to this extend over a penny stock. Beside IHC... have you seen Lippo going to his extend over a penny stock newbieinvestor      ( Date: 05-Mar-2017 22:55) Posted: i think we not see big picture. company is no more money. must faster take $28m cash. if can borrow $28m and must pay 16.5% interest = $4.6m interest one year. Company one year profit $0.1m cannot pay interest. So borrow $28m not solve company problem. Company still bankrupt.  Solution is not pay back loan. Solution is convert loan to shares. Why amount is $70m? Is it so convert $70m = 47.4%? you can buy share up to 4.9% no need declare. 47.4% + 4.9% = 52.3%. Same like Lippo VGO. Gateway also die die want 50%. Cannot less. More than 50% is full control the company. HMC director borrow $70m is to help Gateway take control. But he clever. Do with the borrowing not do like Lippo with the VGO. Borrowing no need shareholder approval. Director borrow already shareholder got no need to want to agree for conversion. No convert also cannot la. Where to find $100m to pay back Gateway? I hold the gun in your face, you want to vote for me or not? You can say no? pui       teeth53      ( Date: 05-Mar-2017 18:37) Posted: @0.042c. Buy price $103m. If 50% = needed $51.5m. Why borrow $70m n pay back $70m?. When they needed only $28m?. Raidy' s, assuming own more 21%+ share in HMC, n paid d highest, abt 0.04180 cent per share (See SGX news) So Raidy' s need another 29% ++ @0.042 cents to secure total control from open mkt buying Noted: Based on  shr-holding (%) is computed based on the Coy' s issued share capital of 2,460,234,183  So Raidy s needed 714,000,000 mil shr (29%), about $30 mil dollars more, to pass 50%, to take control. Give it a thot. Hope others can come up with some opiinion for a better elaboration.  Just sharing what is going through my mind.
Useful To Me  Not Useful To Me
newbieinvestor Member	05-Mar-2017 22:55        newbieinvestor About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	i think we not see big picture. company is no more money. must faster take $28m cash. if can borrow $28m and must pay 16.5% interest = $4.6m interest one year. Company one year profit $0.1m cannot pay interest. So borrow $28m not solve company problem. Company still bankrupt.  Solution is not pay back loan. Solution is convert loan to shares. Why amount is $70m? Is it so convert $70m = 47.4%? you can buy share up to 4.9% no need declare. 47.4% + 4.9% = 52.3%. Same like Lippo VGO. Gateway also die die want 50%. Cannot less. More than 50% is full control the company. HMC director borrow $70m is to help Gateway take control. But he clever. Do with the borrowing not do like Lippo with the VGO. Borrowing no need shareholder approval. Director borrow already shareholder got no need to want to agree for conversion. No convert also cannot la. Where to find $100m to pay back Gateway? I hold the gun in your face, you want to vote for me or not? You can say no? pui       teeth53      ( Date: 05-Mar-2017 18:37) Posted: @0.042c. Buy price $103m. If 50% = needed $51.5m. Why borrow $70m n pay back $70m?. When they needed only $28m?. Raidy' s, assuming own more 21%+ share in HMC, n paid d highest, abt 0.04180 cent per share (See SGX news) So Raidy' s need another 29% ++ @0.042 cents to secure total control from open mkt buying Noted: Based on  shr-holding (%) is computed based on the Coy' s issued share capital of 2,460,234,183  So Raidy s needed 714,000,000 mil shr (29%), about $30 mil dollars more, to pass 50%, to take control. Give it a thot. Hope others can come up with some opiinion for a better elaboration.  Just sharing what is going through my mind.
Useful To Me  Not Useful To Me
teeth53 Supreme	05-Mar-2017 21:53        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	Based on Oxley' s 35.77%,  593,470,029 shr sales to Raidy @$0.106c / shr  = abt $62.91 mil dollars. (SGX-ST news). So Raidy' s bot passed 63.18%  (90% If IHC wish to go private), it will take a few wk more. (think so) teeth53 thot - Raidy' s now have a good chance to take control of IHC, so is HMC. (Just sharing info). IHC have china Wuzi land n Aussie 2-properties, shit to deal with, (Note - B4 Oxley deal is 0.77, last n final is 0.106) So is HMC have deal with GW $70 mil dollars cash payment to HMC..
Useful To Me  Not Useful To Me
teeth53 Supreme	05-Mar-2017 18:37        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	@0.042c. Buy price $103m. If 50% = needed $51.5m. Why borrow $70m n pay back $70m?. When they needed only $28m?. Raidy' s, assuming own more 21%+ share in HMC, n paid d highest, abt 0.04180 cent per share (See SGX news) So Raidy' s need another 29% ++ @0.042 cents to secure total control from open mkt buying Noted: Based on  shr-holding (%) is computed based on the Coy' s issued share capital of 2,460,234,183  So Raidy s needed 714,000,000 mil shr (29%), about $30 mil dollars more, to pass 50%, to take control. Give it a thot. Hope others can come up with some opiinion for a better elaboration.  Just sharing what is going through my mind.
Useful To Me  Not Useful To Me
happyharvest Elite	05-Mar-2017 18:08        happyharvest About Contact  Quote this Post!
x 0   x 0  Alert Admin	yeah. so is HMC still a good bet? teeth53      ( Date: 05-Mar-2017 14:30) Posted: Very meaning way to explain on HMC takeover ny Lippo' s Can shorten n sum up in a more simply will be better, thk Q. Totally agreed Lippo' s will never changed their offer at 0.042c 1) " Gateway shiok. 9 March lend $70m. Lippo VGO finish 28 March, can collect $100m++??. 2) One month two month can make $30m. Super ah long. And...  3)  If company no money to pay than give to gateway or close shop." ???. newbieinvestor      ( Date: 01-Mar-2017 16:34) Posted: Lunch time see broker friend. She say company going bankrupt. When say going concern means nice word for bankrupt la. The Board, taking into consideration the current uncertainty as to whether CoC Event A or the Change of Control Redemption would occur and on the assumption that the Initial Notes have been issued, is of the view that the Company is likely to be able to continue as a going concern albeit up to the Unconditional Date. She say meaning if company naver take gateway $70m money, will bankrupt. So ah long interest also got no choice. Just take first. SGX must investigate directors properly. They lose company money now shareholders must pay for their mistake. How can? The Board will reassess the Company&rsquo s ability to continue as a going concern as and when the Offer becomes unconditional, and will keep Shareholders updated as and when there are any material updates in relation to the aforementioned. She say if company take gateway money $70m and then Lippo takeover pass 50% means company must pay back gateway in 30 days   $70m + 25% redemption premium + 16.5% interest for 2 year is more than $100m. First Lippo must buy share in company. Buy price $103m. If 50% = $51.5m. Then buy already must pump some more money to pay gateway? Extra $100m. After pay gateway must pump some more money to company. How much? Company say want to use 40% x $70m = $28m? Like that become super expensive for Lippo. Total more than $180m. One share more than 7.3 cent. Still want to do? Gateway shiok. 9 March lend $70m. Lippo VGO finish 28 March can collect $100m++. One month two month can make $30m. Super ah long. If company no money to pay than give to gateway or close shop.     The Board wishes to assure Shareholders that it has been using and will continue to use its best efforts to ensure that the Company remains as a going concern. One announcement so many times can say going concern/bankrupt. You think Lippo still want to buy bankrupt company? Lippo naver change VGO price 4.2 cent is below market price. Serious or not? Broker friend say if SIC naver give gateway whitewash waiver gateway must make MGO 3.3 cent but two years more &ndash 9 March 2019. Two choice also lousy. MGO 3.3 cent so low and so late. I think don&rsquo t take VGO 4.2 cent. Better sell to market 4.5 cent. Make little never mind. Don&rsquo t lose important.
Useful To Me  Not Useful To Me
teeth53 Supreme	05-Mar-2017 14:30        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	Very meaning way to explain on HMC takeover ny Lippo' s Can shorten n sum up in a more simply will be better, thk Q. Totally agreed Lippo' s will never changed their offer at 0.042c 1) " Gateway shiok. 9 March lend $70m. Lippo VGO finish 28 March, can collect $100m++??. 2) One month two month can make $30m. Super ah long. And...  3)  If company no money to pay than give to gateway or close shop." ???. newbieinvestor      ( Date: 01-Mar-2017 16:34) Posted: Lunch time see broker friend. She say company going bankrupt. When say going concern means nice word for bankrupt la. The Board, taking into consideration the current uncertainty as to whether CoC Event A or the Change of Control Redemption would occur and on the assumption that the Initial Notes have been issued, is of the view that the Company is likely to be able to continue as a going concern albeit up to the Unconditional Date. She say meaning if company naver take gateway $70m money, will bankrupt. So ah long interest also got no choice. Just take first. SGX must investigate directors properly. They lose company money now shareholders must pay for their mistake. How can? The Board will reassess the Company&rsquo s ability to continue as a going concern as and when the Offer becomes unconditional, and will keep Shareholders updated as and when there are any material updates in relation to the aforementioned. She say if company take gateway money $70m and then Lippo takeover pass 50% means company must pay back gateway in 30 days   $70m + 25% redemption premium + 16.5% interest for 2 year is more than $100m. First Lippo must buy share in company. Buy price $103m. If 50% = $51.5m. Then buy already must pump some more money to pay gateway? Extra $100m. After pay gateway must pump some more money to company. How much? Company say want to use 40% x $70m = $28m? Like that become super expensive for Lippo. Total more than $180m. One share more than 7.3 cent. Still want to do? Gateway shiok. 9 March lend $70m. Lippo VGO finish 28 March can collect $100m++. One month two month can make $30m. Super ah long. If company no money to pay than give to gateway or close shop.     The Board wishes to assure Shareholders that it has been using and will continue to use its best efforts to ensure that the Company remains as a going concern. One announcement so many times can say going concern/bankrupt. You think Lippo still want to buy bankrupt company? Lippo naver change VGO price 4.2 cent is below market price. Serious or not? Broker friend say if SIC naver give gateway whitewash waiver gateway must make MGO 3.3 cent but two years more &ndash 9 March 2019. Two choice also lousy. MGO 3.3 cent so low and so late. I think don&rsquo t take VGO 4.2 cent. Better sell to market 4.5 cent. Make little never mind. Don&rsquo t lose important.
Useful To Me  Not Useful To Me
nngeeh Veteran	05-Mar-2017 11:50        nngeeh About Contact  Quote this Post!
x 0   x 0  Alert Admin	I don' t trust the directors of Healthway.... but I trust Lippo. They won' t enter this fight against GW if they don' t have strategy and they make the offer after the announcement of loans agreement with Gateway. I believe their Low offer of 0.042 is taking into consideration of the enormous shares that Gateway will be getting if they convert it to share. Now... is to see if GW will bite or will fight Lippo. ecekca      ( Date: 03-Mar-2017 23:43) Posted: danger stock. stay away no idea why lippo wants to buy... this biz not  easy to turn around..
Useful To Me  Not Useful To Me
teeth53 Supreme	05-Mar-2017 10:17        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	When GW can take control of HMC. Will GW take Raidy' s 0.042cents offer or at higher prices?. Company can' t money, stock counter can..right.
Useful To Me  Not Useful To Me
teeth53 Supreme	05-Mar-2017 10:11        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	The others way. See GW don' t give way or give away n ready to pay by March 9 and Take control of HMC. churnw      ( Date: 03-Mar-2017 16:49) Posted: Look like lippo have won
Useful To Me  Not Useful To Me
teeth53 Supreme	05-Mar-2017 10:08        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	Raidy' s may oso be talking, working on or taking on GW $70 million payment. If Lippo win. By March 9, including those future earning interest into some form of consideration. newbieinvestor      ( Date: 03-Mar-2017 22:33) Posted: why you say lippo won? because the share price fall below 42 cents?
Useful To Me  Not Useful To Me
ecekca Elite	03-Mar-2017 23:43        ecekca About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	danger stock. stay away no idea why lippo wants to buy... this biz not  easy to turn around..
Useful To Me  Not Useful To Me
newbieinvestor Member	03-Mar-2017 23:05        newbieinvestor About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	no need ask for vote for change non-convertible note to convertible note. you can say no meh? shareholder say no then must pay back gateway plus premium plus 16.5%. pokai la.  teeth53      ( Date: 02-Mar-2017 13:05) Posted: Here a brief statement from SGX. Dated in SJ forum - Feb 26, 2017. Investors will get to vote only on whether or not the zero-coupon convertible bonds can be issued, not on the issuance of the 16.5% notes or the rest of the deal terms.  Lippo, then launched a rival offer to takeover HMC after GW deal was announced, Lippo Grp - 18.44% of HMC, now abt 21.83%.  mepkoh      ( Date: 02-Mar-2017 12:41) Posted: DOES THAT MEAN GW CAN ACCEPT OFFER TOO..N MAKE TONS OF $$$
Useful To Me  Not Useful To Me
newbieinvestor Member	03-Mar-2017 22:58        newbieinvestor About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	minority shareholder got no vote? why no vote? the gateway note sure 100% convert. convert oledi change control. director where can change control and never give chance for shareholder to vote? i think SGX kun liao. sleeping on the job.   HMC no chance to pay back gateway note. Don' t talk pay back $70m. interest one year also cannot pay la. 16.5% x $70m = $11.55m. HMC one year profit how much? See from company announcement. $0.1 million? 100 years also cannot pay interest. principal no need to talk some more.   Disregarding (i) allowances for doubtful, loan and other receivables and impairment of goodwill amounting to an aggregate of S$40.2 million for FY2016 (FY2015: S$4.4 million (net)) (ii) other operating income from HME (as mentioned in paragraph 2 on page 11) amounting to S$6.0 million in FY2015 (FY2016: nil) and (iii) gain on disposal of available-for-sale financial assets reclassified from equity of S$0.7 million in FY2015 (FY2016: nil), the Group&rsquo s net profit before income tax would have been S$0.1 million (FY2015: net profit before income tax of S$0.3 million) and net profit attributable to shareholders would have been S$0.1 million (FY2015: net loss attributable to shareholders of S$0.7 million).   teeth53      ( Date: 02-Mar-2017 13:05) Posted: Here a brief statement from SGX. Dated in SJ forum - Feb 26, 2017. Investors will get to vote only on whether or not the zero-coupon convertible bonds can be issued, not on the issuance of the 16.5% notes or the rest of the deal terms.  Lippo, then launched a rival offer to takeover HMC after GW deal was announced, Lippo Grp - 18.44% of HMC, now abt 21.83%.  mepkoh      ( Date: 02-Mar-2017 12:41) Posted: DOES THAT MEAN GW CAN ACCEPT OFFER TOO..N MAKE TONS OF $$$
Useful To Me  Not Useful To Me
newbieinvestor Member	03-Mar-2017 22:33        newbieinvestor About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	why you say lippo won? because the share price fall below 42 cents?
Useful To Me  Not Useful To Me

                                                         First   < Newer   3021-3040 of 3892   Older>   Last