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lifeisgood Supreme	11-Aug-2015 16:23        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	I have only a small position in this, not a lot. Keep for dividend, buy on dips.  upndown      ( Date: 11-Aug-2015 16:21) Posted: looks like you are vested heavily in this stock.. how many lots you holding? it looks weird as alot of warrant holders did not exercise their warrants previously, maybe they forgot all about it. lifeisgood      ( Date: 11-Aug-2015 16:10) Posted: Amid very very weak market condition, Baker at least saw some buying up today, clearing 22. In the meantime, the USD is running wild, which is good for Baker.
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upndown Member	11-Aug-2015 16:21        upndown About Contact  Quote this Post!
x 0   x 0  Alert Admin	looks like you are vested heavily in this stock.. how many lots you holding? it looks weird as alot of warrant holders did not exercise their warrants previously, maybe they forgot all about it. lifeisgood      ( Date: 11-Aug-2015 16:10) Posted: Amid very very weak market condition, Baker at least saw some buying up today, clearing 22. In the meantime, the USD is running wild, which is good for Baker.  lifeisgood      ( Date: 11-Aug-2015 11:42) Posted: Seems like this is an issue that SGX needs to address. In any case, since Baker holds USD 65 million cash, every 1 cent appreciation of USD vs SGD, it makes $650,000 profit. So this stock is now a USD vs SGD play. Today the exchange rate almost hit 1.40. From where the book was marked at end of June of around 1.3474, it has generated more than $3 million paper profit. Perhaps management should sell some along the way to lock in some real profit.
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lifeisgood Supreme	11-Aug-2015 16:10        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	Amid very very weak market condition, Baker at least saw some buying up today, clearing 22. In the meantime, the USD is running wild, which is good for Baker.  lifeisgood      ( Date: 11-Aug-2015 11:42) Posted: Seems like this is an issue that SGX needs to address. In any case, since Baker holds USD 65 million cash, every 1 cent appreciation of USD vs SGD, it makes $650,000 profit. So this stock is now a USD vs SGD play. Today the exchange rate almost hit 1.40. From where the book was marked at end of June of around 1.3474, it has generated more than $3 million paper profit. Perhaps management should sell some along the way to lock in some real profit.  Jimmykohkk      ( Date: 05-Aug-2015 23:29) Posted: They cant becos of the 20 cents rule as they are listed in SGX mainboard. If they return 10-15 cents, then their share price will drop  to 5-10  cents way below 20 cents limit  , then they have to do a consolidation which they may not be willing to... Maybe this 20 cents rule is keeping them from capital reduction?
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lifeisgood Supreme	11-Aug-2015 11:42        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	Seems like this is an issue that SGX needs to address. In any case, since Baker holds USD 65 million cash, every 1 cent appreciation of USD vs SGD, it makes $650,000 profit. So this stock is now a USD vs SGD play. Today the exchange rate almost hit 1.40. From where the book was marked at end of June of around 1.3474, it has generated more than $3 million paper profit. Perhaps management should sell some along the way to lock in some real profit.  Jimmykohkk      ( Date: 05-Aug-2015 23:29) Posted: They cant becos of the 20 cents rule as they are listed in SGX mainboard. If they return 10-15 cents, then their share price will drop  to 5-10  cents way below 20 cents limit  , then they have to do a consolidation which they may not be willing to... Maybe this 20 cents rule is keeping them from capital reduction?   lifeisgood      ( Date: 05-Aug-2015 13:30) Posted: Best is to do a capital reduction. Return like 10 - 15 cents cash, and leave the rest for operations. This way can increase the ROE substantially.
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Jimmykohkk Master	05-Aug-2015 23:29        Jimmykohkk About Contact  Quote this Post!
x 0   x 0  Alert Admin	They cant becos of the 20 cents rule as they are listed in SGX mainboard. If they return 10-15 cents, then their share price will drop  to 5-10  cents way below 20 cents limit  , then they have to do a consolidation which they may not be willing to... Maybe this 20 cents rule is keeping them from capital reduction?   lifeisgood      ( Date: 05-Aug-2015 13:30) Posted: Best is to do a capital reduction. Return like 10 - 15 cents cash, and leave the rest for operations. This way can increase the ROE substantially. upndown      ( Date: 05-Aug-2015 13:17) Posted: Investors should question the management about  3 things before investing in this stock: - They setup BT Investment in 2013 but to date there is no investment activities. Does it mean they have been paying director fees to the management of BT Investment for this 2 years? What is the company' s short and long term plan? - Status of current order book as it was not indicated in the latest result. -  Triyard has been winning orders for construction of liftboats yet after a year +/- there is still no good news coming out from Baker.. At what stage is the construction of Liftboat, and period to completion   The foreign exchange gain is definitely good news for its shareholders and USD should appreciate more since they will be raising rates soon  and that SG government is likely to depreciate own currency to improve competitiveness.
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lifeisgood Supreme	05-Aug-2015 13:40        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	It is a good thing it has not done any investment the last 2 years. The prices would be much cheaper now. Not a bad time to start hunting for good deals now. Even Ezion has gone down from above $2 to 80 odd cents now.  upndown      ( Date: 05-Aug-2015 13:38) Posted: You will probably have to hold till early next year +/- CNY when they announce year end result as they usually give out dividend during that period.. though I doubt they will do that as they need $$ to weather the weak oil and also I suspect they could be looking at buying a large chunk of some other oil and gas counter since many SGX listed co oil and gas are very cheap now. Maybe that is their intention of BT Investment.. well I certainly hope so otherwise Baker will be a bad investment for many. lifeisgood      ( Date: 05-Aug-2015 13:30) Posted: Best is to do a capital reduction. Return like 10 - 15 cents cash, and leave the rest for operations. This way can increase the ROE substantially.
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upndown Member	05-Aug-2015 13:38        upndown About Contact  Quote this Post!
x 0   x 0  Alert Admin	You will probably have to hold till early next year +/- CNY when they announce year end result as they usually give out dividend during that period.. though I doubt they will do that as they need $$ to weather the weak oil and also I suspect they could be looking at buying a large chunk of some other oil and gas counter since many SGX listed co oil and gas are very cheap now. Maybe that is their intention of BT Investment.. well I certainly hope so otherwise Baker will be a bad investment for many. lifeisgood      ( Date: 05-Aug-2015 13:30) Posted: Best is to do a capital reduction. Return like 10 - 15 cents cash, and leave the rest for operations. This way can increase the ROE substantially. upndown      ( Date: 05-Aug-2015 13:17) Posted: Investors should question the management about  3 things before investing in this stock: - They setup BT Investment in 2013 but to date there is no investment activities. Does it mean they have been paying director fees to the management of BT Investment for this 2 years? What is the company' s short and long term plan? - Status of current order book as it was not indicated in the latest result. -  Triyard has been winning orders for construction of liftboats yet after a year +/- there is still no good news coming out from Baker.. At what stage is the construction of Liftboat, and period to completion   The foreign exchange gain is definitely good news for its shareholders and USD should appreciate more since they will be raising rates soon  and that SG government is likely to depreciate own currency to improve competitiveness.
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lifeisgood Supreme	05-Aug-2015 13:36        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	In the United States, activists investors like Bill Ackerman or Carl Icahn would be able to force the company to pare down and return its excess cash, unless the company has imminent good usage for the cash. In Singapore, the company calls the shot. Our so called worldclass exchange SGX is doing absolutely NOTHING to improve minority shareholders rights. Just throwing hundred of millions of investments into IT systems means nothing, it just means more human traders get slaughtered by faster and faster machines.
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lifeisgood Supreme	05-Aug-2015 13:30        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	Best is to do a capital reduction. Return like 10 - 15 cents cash, and leave the rest for operations. This way can increase the ROE substantially. upndown      ( Date: 05-Aug-2015 13:17) Posted: Investors should question the management about  3 things before investing in this stock: - They setup BT Investment in 2013 but to date there is no investment activities. Does it mean they have been paying director fees to the management of BT Investment for this 2 years? What is the company' s short and long term plan? - Status of current order book as it was not indicated in the latest result. -  Triyard has been winning orders for construction of liftboats yet after a year +/- there is still no good news coming out from Baker.. At what stage is the construction of Liftboat, and period to completion   The foreign exchange gain is definitely good news for its shareholders and USD should appreciate more since they will be raising rates soon  and that SG government is likely to depreciate own currency to improve competitiveness. lifeisgood      ( Date: 05-Aug-2015 12:49) Posted: Baker Tech has about USD 65 million in cash (plus SGD cash). At last June close of 1 USD = 1.3474 SGD vs current 1 USD = 1.385, there is an FX gain of SGD 2.45 million. Not bad!
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upndown Member	05-Aug-2015 13:17        upndown About Contact  Quote this Post!
x 0   x 0  Alert Admin	Investors should question the management about  3 things before investing in this stock: - They setup BT Investment in 2013 but to date there is no investment activities. Does it mean they have been paying director fees to the management of BT Investment for this 2 years? What is the company' s short and long term plan? - Status of current order book as it was not indicated in the latest result. -  Triyard has been winning orders for construction of liftboats yet after a year +/- there is still no good news coming out from Baker.. At what stage is the construction of Liftboat, and period to completion   The foreign exchange gain is definitely good news for its shareholders and USD should appreciate more since they will be raising rates soon  and that SG government is likely to depreciate own currency to improve competitiveness. lifeisgood      ( Date: 05-Aug-2015 12:49) Posted: Baker Tech has about USD 65 million in cash (plus SGD cash). At last June close of 1 USD = 1.3474 SGD vs current 1 USD = 1.385, there is an FX gain of SGD 2.45 million. Not bad!
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cobrajr Veteran	05-Aug-2015 13:06        cobrajr About Contact  Quote this Post!
x 0   x 0  Alert Admin	Give small ang pao laaar lifeisgood      ( Date: 05-Aug-2015 12:49) Posted: Baker Tech has about USD 65 million in cash (plus SGD cash). At last June close of 1 USD = 1.3474 SGD vs current 1 USD = 1.385, there is an FX gain of SGD 2.45 million. Not bad!
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lifeisgood Supreme	05-Aug-2015 12:49        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	Baker Tech has about USD 65 million in cash (plus SGD cash). At last June close of 1 USD = 1.3474 SGD vs current 1 USD = 1.385, there is an FX gain of SGD 2.45 million. Not bad!
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lifeisgood Supreme	27-Jul-2015 14:26        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sure I agree. But if one wants to have some exposure in the oil and gas sector (especially the shallow water liftboats segment), this is a counter that provides some exposure, since it controls the liftboat technology and not asset heavy unlike Ezion or Pacific radiance, this is a back door way to put a tissue pack down. When the eventual rebound in this sector comes, it should be in a very good position to lever up. In themeantime, I guess the company can afford to lie low.  KAMAL0883      ( Date: 27-Jul-2015 14:10) Posted: you do have the points but money park in a counter the risk is very much higher than place in FD lifeisgood      ( Date: 27-Jul-2015 13:43) Posted: The dividend yield on this stock typically beats fixed deposit. In times like this, not a bad idea to park some money in an almost all-cash company. After boss Benety Chang exercised all his warrants, the cash per share should have risen up to close to between 19 to 20 cents per share. This is unlike some con s-chips. The cash here is real.
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KAMAL0883 Supreme	27-Jul-2015 14:10        KAMAL0883 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	you do have the points but money park in a counter the risk is very much higher than place in FD lifeisgood      ( Date: 27-Jul-2015 13:43) Posted: The dividend yield on this stock typically beats fixed deposit. In times like this, not a bad idea to park some money in an almost all-cash company. After boss Benety Chang exercised all his warrants, the cash per share should have risen up to close to between 19 to 20 cents per share. This is unlike some con s-chips. The cash here is real.
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lifeisgood Supreme	27-Jul-2015 13:43        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	The dividend yield on this stock typically beats fixed deposit. In times like this, not a bad idea to park some money in an almost all-cash company. After boss Benety Chang exercised all his warrants, the cash per share should have risen up to close to between 19 to 20 cents per share. This is unlike some con s-chips. The cash here is real.
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upndown Member	21-Jul-2015 09:45        upndown About Contact  Quote this Post!
x 0   x 0  Alert Admin	If you look at BakerTech' s history, they normally declare dividends during year end  result hence I do not think they will do that in the next which will be announced in the 2 weeks unless Dr Chang is really hard on cash and needs to recup from the recent warrant exercise which I doubt since he is really rich. Their China sales should be good and prospective buyer for their liftboat, hence I expect the next 2 quarter results to be better than the last. lifeisgood      ( Date: 11-Jun-2015 15:41) Posted: Just sharing. Hope fellow forummers here make money. Stock investment should not be a zero sum game (for good companies). Jimmykohkk      ( Date: 11-Jun-2015 15:37) Posted: Thanks for the information. This bakertech always drop awhile then recovers very quickly. I wish this forum has more ppl like u sharing information instead of issuing buy/sell calls like a betting den .
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lifeisgood Supreme	11-Jun-2015 15:41        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just sharing. Hope fellow forummers here make money. Stock investment should not be a zero sum game (for good companies). Jimmykohkk      ( Date: 11-Jun-2015 15:37) Posted: Thanks for the information. This bakertech always drop awhile then recovers very quickly. I wish this forum has more ppl like u sharing information instead of issuing buy/sell calls like a betting den .   lifeisgood      ( Date: 11-Jun-2015 15:34) Posted: Dr Benety Chang has exercised approx 86 million warrants at at exercise price of 14.5 cents. Total expenditure = $12.42 million He now owns 523.482 million shares. If he now declares a dividend of 2.37 cents per share, he will recover his total warrant investment cost, while increasing his stake in the company to 52%, from 48.26% before. Zero cost to him. Not a bad trade!
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Jimmykohkk Master	11-Jun-2015 15:37        Jimmykohkk About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks for the information. This bakertech always drop awhile then recovers very quickly. I wish this forum has more ppl like u sharing information instead of issuing buy/sell calls like a betting den .   lifeisgood      ( Date: 11-Jun-2015 15:34) Posted: Dr Benety Chang has exercised approx 86 million warrants at at exercise price of 14.5 cents. Total expenditure = $12.42 million He now owns 523.482 million shares. If he now declares a dividend of 2.37 cents per share, he will recover his total warrant investment cost, while increasing his stake in the company to 52%, from 48.26% before. Zero cost to him. Not a bad trade!
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lifeisgood Supreme	11-Jun-2015 15:34        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	Dr Benety Chang has exercised approx 86 million warrants at at exercise price of 14.5 cents. Total expenditure = $12.42 million He now owns 523.482 million shares. If he now declares a dividend of 2.37 cents per share, he will recover his total warrant investment cost, while increasing his stake in the company to 52%, from 48.26% before. Zero cost to him. Not a bad trade!
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lifeisgood Supreme	11-Jun-2015 12:46        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	Everytime I stop looking at it, it runs. I will continue not looking at it, hopefully, it runs further.
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