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Tuan Sing
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PRIVATISE AT 50CENTS
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Goldfinger
Supreme |
05-Jul-2021 11:59
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Wow that is a big buy - the villas are not cheap.  Any reason for the villa purchase, eg as a retirement home or for rental? I looked at Opus Bay too, but was not sure if I would go there often enough to make it sensible to buy a unit there, although prices were very nice and the concept very attractive. Any sense on whether demand for the Opus Bay units was good?
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KGS1982
Member |
05-Jul-2021 11:48
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Please check your source. the " purchase" is linked to their undertaking of scrip dividend at 37.2% (to replace cash dividend). All shareholders including retail are eligible for the same undertaking. https://links.sgx.com/FileOpen/_FORM3_ChangeofInterests_SubstantialShareholders_23Jun2021.ashx?App=Announcement& FileID=672526 having said so, I' ve been in this counter for many years now and also invested in a holiday villa at their newest Opus Bay project to show support. looking forward to at least 64cts target price  
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kepoh88
Veteran |
05-Jul-2021 11:39
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Good man!! Majority shareholders and family,wife bought 10m shares at 0.342  follow by company share buy back 3 times at 0.50-0.515 .. Wah!! steady man... Hopefully it is legal to do so 
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wehuattogether88
Supreme |
02-Jul-2021 21:33
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🤣
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Porken
Member |
02-Jul-2021 19:34
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I think this 3 lots make up the yday 22 lots to make 25 lots 😂
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wehuattogether88
Supreme |
02-Jul-2021 19:10
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Today Tuan Sing buyback share but only 3 lots at 0.515 | ||||
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wehuattogether88
Supreme |
02-Jul-2021 14:59
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Probably another share buyback today at a slightly higher price? | ||||
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sncm3425
Senior |
02-Jul-2021 14:17
Yells: "Greed is foolish" |
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Should see this next week 😃
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linsong88
Senior |
02-Jul-2021 14:16
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the million million blocks are back.. LOL... i think is good enough to close at day high anyway... | ||||
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easywin
Supreme |
02-Jul-2021 14:15
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Today 60cts otw | ||||
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wehuattogether88
Supreme |
02-Jul-2021 13:49
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Agreed, This might be one of the possibility.
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Goldfinger
Supreme |
02-Jul-2021 13:49
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Now super interesting - gotta hang on tight and resist urge to take profit. Gonna fun for 80 cents at Gultech ipo | ||||
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nott1965
Veteran |
02-Jul-2021 13:29
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Maybe china ipo is imminent! Announcing over weekend?
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Goldfinger
Supreme |
02-Jul-2021 13:05
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Very very interesting buy up now.  The high volumes speak volumes... | ||||
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wehuattogether88
Supreme |
02-Jul-2021 13:00
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Buy up at 0.53 during lunch break, more to
Come |
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nott1965
Veteran |
02-Jul-2021 12:49
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Maybe many heard this view this morning and agreed. Now all scared to lose out on the imminent potential. Panic buy now
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Goldfinger
Supreme |
02-Jul-2021 11:49
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On the postive note - I think the current 2nd Gen CEO William has signalled that Tuan Sing is undervalued even at current prices.  The buy backs at higher prices seem to suggest as well.  So, it is a positive that they want prices to go higher (I always had the secret fear of a cheap-skate privatisation by the majority family).  So, this is not a big issue now.  An interim dividend would off-foot naysayers, and signal higher dividends going forward - very very important for a company that has been long-viewed to be cheap-skate and stingy when it comes to giving out dividends to minorities.
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wehuattogether88
Supreme |
02-Jul-2021 11:46
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look like minor resistance at 0.54 and next resistance at 0.55-0.56 level.
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linsong88
Senior |
02-Jul-2021 11:41
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those million sell queue that block in past few days give way already...
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wehuattogether88
Supreme |
02-Jul-2021 11:41
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Might be if they are heading towards growing and expanding businesses and high growth profits. 
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