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yau123 Senior	15-Aug-2022 16:38        yau123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Drop from 1.17! how to trade? End or continue ?
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superstartup Supreme	15-Aug-2022 15:19        superstartup About Contact  Quote this Post! Style: Fundamental   Yells: "Enjoy doing Fundamental Research"
x 0   x 0  Alert Admin	Why the magic number 70% to 75% discount : 老 牌 鍾 氏 家 族 　 資 產 「 乾 坤 大 挪 移 」 https://collection.news/appledaily/articles/JGW5KTK57WGTRFGRPROD24S6WU The event happened in Year 2007, and there are various subsequent events (if you research more). No General Offer, public listed assets also get shifted (based on the news article). With internet, history can be dug out easily these days. It seems the same boss still in charge. For leisure reading for those interested in the business history.
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mrwise Supreme	15-Aug-2022 15:17        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Would you pay $1 for an asset worth at least $2.50? This is one case over here.....See if u wana pick this one up!
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FairShake Member	15-Aug-2022 15:02        FairShake About Contact  Quote this Post!
x 0   x 0  Alert Admin	thanks. stand corrected. superstartup      ( Date: 15-Aug-2022 14:43) Posted: For Hong Fok share buyback from open market. This is the correct details. The purchase price (excluding brokerage, commission, stamp duties, applicable goods and services tax and other related expenses) to be paid for the Shares will be determined by the Directors. The purchase price to be paid for the Shares as determined by the Directors must not exceed the maximum price (&ldquo Maximum Price&rdquo ) set out below: (a) in the case of an On-Market Purchase, five per cent. (5%) above the average of the closing market prices of the Shares over the last five (5) days on which the SGX-ST is open for securities trading (&ldquo Market Days&rdquo ) and on which transactions in the Shares were recorded, before the day on which the On-Market Purchase was made by the Company, which is deemed to be adjusted for any corporate action that occurs during the relevant above-mentioned period of five (5) Market Days and the day on which the On-Market Purchase was made and    FairShake      ( Date: 15-Aug-2022 14:20) Posted: Happy for all minority Hong Fok shareholders.  There is a little rule about share buyback: the price cannot exceed 10% of yest closing ie max it can pay is only $1.133 for today. To temper all our hopes, Hong Fok (Hong Kong) privatised at a BIG discount to its NAV.  (Need some time to search for the news again)
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fruitfulness Veteran	15-Aug-2022 14:59        fruitfulness About Contact  Quote this Post!   Yells: "May the Lord God establish the works of my hands!"
x 0   x 0  Alert Admin	Let' s see if there is any SBB today.  If yes, this time may be different ... various things are in place for privatization, if they truly wanna do it! leemenghoe      ( Date: 15-Aug-2022 14:41) Posted: pump n dump lah.. always 1 day wonder then drop for a few months. don't be the person holding at highe price. sell ASAP if hv. if don't hv better don't touch this stock
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mrwise Supreme	15-Aug-2022 14:59        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Bearing fruit soon!!  fruitfulness      ( Date: 15-Aug-2022 14:21) Posted: $2 per share is a credible offer price, based on past 2 GO of property counters for delisting.  But the size and attractive of properties are quite different!  So mrwise' s suggestion of $2.50 per share seems more sensible! tankoksee      ( Date: 15-Aug-2022 13:51) Posted: $2 OTW.............
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easywin Supreme	15-Aug-2022 14:55        easywin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Dun see to be in that direction leemenghoe      ( Date: 15-Aug-2022 14:44) Posted: will close below 1.08 today
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ooptimizer Member	15-Aug-2022 14:49        ooptimizer About Contact  Quote this Post!
x 0   x 0  Alert Admin	can explain how do u know? Thanks leemenghoe      ( Date: 15-Aug-2022 14:44) Posted: will close below 1.08 today
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leemenghoe Senior	15-Aug-2022 14:44        leemenghoe About Contact  Quote this Post!
x 0   x 0  Alert Admin	will close below 1.08 today
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superstartup Supreme	15-Aug-2022 14:43        superstartup About Contact  Quote this Post! Style: Fundamental   Yells: "Enjoy doing Fundamental Research"
x 0   x 0  Alert Admin	For Hong Fok share buyback from open market. This is the correct details. The purchase price (excluding brokerage, commission, stamp duties, applicable goods and services tax and other related expenses) to be paid for the Shares will be determined by the Directors. The purchase price to be paid for the Shares as determined by the Directors must not exceed the maximum price (&ldquo Maximum Price&rdquo ) set out below: (a) in the case of an On-Market Purchase, five per cent. (5%) above the average of the closing market prices of the Shares over the last five (5) days on which the SGX-ST is open for securities trading (&ldquo Market Days&rdquo ) and on which transactions in the Shares were recorded, before the day on which the On-Market Purchase was made by the Company, which is deemed to be adjusted for any corporate action that occurs during the relevant above-mentioned period of five (5) Market Days and the day on which the On-Market Purchase was made and    FairShake      ( Date: 15-Aug-2022 14:20) Posted: Happy for all minority Hong Fok shareholders.  There is a little rule about share buyback: the price cannot exceed 10% of yest closing ie max it can pay is only $1.133 for today. To temper all our hopes, Hong Fok (Hong Kong) privatised at a BIG discount to its NAV.  (Need some time to search for the news again). TikTalk      ( Date: 15-Aug-2022 13:44) Posted: Hope more silent readers like yourself come in to share their thoughts..
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leemenghoe Senior	15-Aug-2022 14:41        leemenghoe About Contact  Quote this Post!
x 0   x 0  Alert Admin	pump n dump lah.. always 1 day wonder then drop for a few months. don't be the person holding at highe price. sell ASAP if hv. if don't hv better don't touch this stock
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FairShake Member	15-Aug-2022 14:30        FairShake About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ha found it for Hong Fok Land International Limited.  Ready for it?? 76.7% discount " Basis of determination of the Cancellation Price The Cancellation Price of HK$0.56 per Scheme Share values the entire issued share capital of the Company as at the date of this joint announcement at approximately HK$812,666,624. The Cancellation Price represents a discount of approximately 76.7% to the Group&rsquo s net asset value per Share of approximately HK$2.40 pursuant to the latest audited consolidated financial statements of the Company as at 31 December 2020." FairShake      ( Date: 15-Aug-2022 14:20) Posted: Happy for all minority Hong Fok shareholders.  There is a little rule about share buyback: the price cannot exceed 10% of yest closing ie max it can pay is only $1.133 for today. To temper all our hopes, Hong Fok (Hong Kong) privatised at a BIG discount to its NAV.  (Need some time to search for the news again). TikTalk      ( Date: 15-Aug-2022 13:44) Posted: Hope more silent readers like yourself come in to share their thoughts..
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muifan Supreme	15-Aug-2022 14:21        muifan About Contact  Quote this Post!   Yells: "Take the leap of faith dont regret 20 years later!"
x 0   x 0  Alert Admin	0.64 x $4 = $2.56 Dyodd fruitfulness      ( Date: 15-Aug-2022 14:10) Posted: If the Cheongs wanna offer cheap ... have to halt and offer soon ... but anything less than 0.64 NAV should not be accepted going by last 2 property counter delistings! ed1234      ( Date: 15-Aug-2022 13:50) Posted: WOW may HALT anytime soon!!!
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fruitfulness Veteran	15-Aug-2022 14:21        fruitfulness About Contact  Quote this Post!   Yells: "May the Lord God establish the works of my hands!"
x 0   x 0  Alert Admin	$2 per share is a credible offer price, based on past 2 GO of property counters for delisting.  But the size and attractive of properties are quite different!  So mrwise' s suggestion of $2.50 per share seems more sensible! tankoksee      ( Date: 15-Aug-2022 13:51) Posted: $2 OTW............. ed1234      ( Date: 15-Aug-2022 13:50) Posted: WOW may HALT anytime soon!!!
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FairShake Member	15-Aug-2022 14:20        FairShake About Contact  Quote this Post!
x 0   x 0  Alert Admin	Happy for all minority Hong Fok shareholders.  There is a little rule about share buyback: the price cannot exceed 10% of yest closing ie max it can pay is only $1.133 for today. To temper all our hopes, Hong Fok (Hong Kong) privatised at a BIG discount to its NAV.  (Need some time to search for the news again). TikTalk      ( Date: 15-Aug-2022 13:44) Posted: Hope more silent readers like yourself come in to share their thoughts.. FairShake      ( Date: 15-Aug-2022 13:29) Posted: Here' s another guess.  The Cheongs will use Hong Fok funds to buyback as many shares as possible before making the GO, if ever.  This way they can save a bundle from their own pocket. Also at $1,40 - $1.50 it' s double the lows of 2022 and also twice the so-called " undisturbed" price. Vested. Please DYODD
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TikTalk Supreme	15-Aug-2022 14:18        TikTalk About Contact  Quote this Post! Style: Combined   Mood: Yells: "Anyone miss me?"
x 0   x 0  Alert Admin	Glad to hear you participated and hope more will benefit too .....huat arhhh sgunited      ( Date: 15-Aug-2022 14:15) Posted: Bro TicTalk, so glad I bought some more at 0.94/0,945 a few weeks back. Congrats to all   TikTalk      ( Date: 15-Aug-2022 14:08) Posted: The current Q size to sell all the way to 1.40 is less than 1 million shares, might as well take it all the way there including those hidden sale also no problem if want to push....wakakakak
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sgunited Member	15-Aug-2022 14:15        sgunited About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro TicTalk, so glad I bought some more at 0.94/0,945 a few weeks back. Congrats to all   TikTalk      ( Date: 15-Aug-2022 14:08) Posted: The current Q size to sell all the way to 1.40 is less than 1 million shares, might as well take it all the way there including those hidden sale also no problem if want to push....wakakakak
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fruitfulness Veteran	15-Aug-2022 14:10        fruitfulness About Contact  Quote this Post!   Yells: "May the Lord God establish the works of my hands!"
x 0   x 0  Alert Admin	If the Cheongs wanna offer cheap ... have to halt and offer soon ... but anything less than 0.64 NAV should not be accepted going by last 2 property counter delistings! ed1234      ( Date: 15-Aug-2022 13:50) Posted: WOW may HALT anytime soon!!!
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mrwise Supreme	15-Aug-2022 14:08        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Extracted from Strait Times: "   Little wonder then that the company has been steadily buying back its own shares. And it did so at least 62 times in the last year. Hong Fok owns the 41-storey The Concourse commercial tower in Beach Road. Its other Singapore properties include the 13-storey International Building and 30-storey Yotel Singapore in Orchard Road a 12-storey commercial building and several units of apartments and commercial units at the newly developed Concourse Skyline. Singapore Exchange (SGX) filings note that the company bought around 14.4 million shares over the past year, taking its total holdings to 25.9 million shares. Meanwhile, the major shareholders of the company, the Cheong family, bought a further 1.5 million shares during the year.......... ...... Given the rate at which the company and the Cheong family are mopping up the shares, it is just a matter of time before the stock price heads towards its real value. Even if it reaches just $1.40, this would still be a significant improvement to current levels. The headline-grabbing CapitaLand restructuring, announced on Monday evening, has also shown how shareholder value can be enhanced. While CapitaLand and Hong Fok are different in significant ways, there are perhaps some lessons here on how property companies can unlock shareholder value......." HUAT AHH!!!!
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TikTalk Supreme	15-Aug-2022 14:08        TikTalk About Contact  Quote this Post! Style: Combined   Mood: Yells: "Anyone miss me?"
x 0   x 0  Alert Admin	The current Q size to sell all the way to 1.40 is less than 1 million shares, might as well take it all the way there including those hidden sale also no problem if want to push....wakakakak
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