Latest Forum Topics /
EuroSports Gbl
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The next chapter
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unique6
Member |
27-Jul-2014 01:57
Yells: "Good time no bad stocks. Bad times no good stock? " |
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  Han Juan Seng took the placement. Definitely price will touch 60c. Same with Centurion, Aritivision, OKH, etc. after IPO down, then accumlate and price goes up 2-3 times IPO price.
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drbull
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19-Jun-2014 16:39
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My  feeling is that Eurosports will go higher to at least 40cts. The reasons  are 1. shareholders will receive special dividends upon completion of sale and lease back property. 2.  new Lamboghini model will be launched around Sept this year. Sales will go up. 3. Staff holding ipo shares and also share options so expecting prices to go higher. 4. There is a group of investors who took up large amount of ipo placement shares and they will push up the price before selling off.   |
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drbull
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19-Jun-2014 16:28
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There is a typo error in your message. They started trading on " 17 Jan 2014" ??
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sheerluck
Supreme |
28-May-2014 00:46
Yells: "Work for your money first then let your money work for you" |
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Sorry if I keep ranting ESG.   If you don' t like, please turn away now. The two top people are MG and AG.   Give you a break down of their income this year. During IPO they sold 24mil and 16mil share at 28cts.   So that is $6.7mil+$4.5mil From IPO prospectus, they are getting Band B pay so from $250k to $500k each After IPO-ing, they still own 70% of the company, so the special will contribute $3.1mil and $2.1mil.   Other shareholders get $2.2mil Also don' t forget, they got perfromance bonus.   Based on my calc, add another $805k+$555k  if they include that $16mil  but is plain wrong if they do because selling and leasing back a property isn' t their core ops!   It doesn' t count. So they took so much $$$ into their own pocket from the market and left a business with little prospect and a token of $2.2mil to the rest. By the way, the six-month lock up is almost up,   They started trading on 17 Jan 2014. DYDD. 
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imlearning
Member |
28-May-2014 00:11
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Just one word, " wow" , u are supa, I will keep you in my watchlist for invest knowledge.
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RoundRound
Elite |
27-May-2014 23:54
Yells: "Tikam Tikam can also" |
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Sheerluck, you are right. Think their following quarters, especially next year same quarter, their result will be ugly. Super thin profit before liquidating and monetizing their asset and returning it to shareholders. Seems like wanted to cash out as much money as they could from their assets. Worrying.  Whatever, think price will jump 1 to 2 cents tomorrow. Investors wast to see and feel real cash in hand.
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sheerluck
Supreme |
27-May-2014 23:39
Yells: "Work for your money first then let your money work for you" |
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Aiyo, you didn' t follow this coy.   They booked a one-off gain of S$16.21 million arising from  the sales and leaseback of 30 Teban Gardens Crescent.   You take this one out of the P/L, you can see the real results.   You should also check if their top people are getting so well-paid that it further eroded the bottomline. They lagi best.   Never say is special dividend but said is final div.   Don' t overlook this.   People don' t know thought they got a bumper year and is giving out a bumper dividend. They are actually very shrewd.   From IPO prospectus, you can tell their business is on downtrend but they got good enough results for the past three year so quickly get listed.   If they do it this year with this sort of results, I think no banks or agents interested.   They also sold their own shares during the IPO and I think already booked equivalent of about 3-4 times of their paid into their own pocket. If it choing, then is giving face to he final div. DYDD.  
 
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Zindarion
Veteran |
27-May-2014 20:25
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Financial Report just out. Looks good for me. Might need pro to check details | ||||
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sheerluck
Supreme |
27-May-2014 19:53
Yells: "Work for your money first then let your money work for you" |
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Special Div lai liao.   2.8cts.   Perforamce wise.... |
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peter1234
Senior |
18-May-2014 22:24
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Special dividend should be coming soon? Previously announced 10% yield based on price of 22 cents. At current price, it is still a very good bargain! 8.3%!! |
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sh0rthere
Senior |
09-Apr-2014 11:57
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burst up today Special dividend coming.. |
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superuser
Member |
05-Feb-2014 18:40
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Economy in 2014 won't do as well as past two years.  We won't be seeing an increase in supercar sales. Transactions will be muted. |
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gaoshou
Member |
28-Jan-2014 10:03
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Hope people heeded my advice and stay away from this counter. Sport business is a very complicated one. The ones who list this kind of company trying to sabo investors. By shorting, I almost make 50% profit within 1-2weeks.    Looking forward  to cover at 21cents. All the best.  
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donut42days
Veteran |
17-Jan-2014 14:11
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CK offload very fast tis morning...   retailer dio sabo liao.  | ||||
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gaoshou
Member |
17-Jan-2014 14:01
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Personally uncomfortable with sports counter. Have shorted BTW.
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donut42days
Veteran |
17-Jan-2014 14:00
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Tis sport car coe expired....  | ||||
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terencee
Master |
17-Jan-2014 13:58
Yells: "I don't entertain trolls." |
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Think private investors cashing out since already profit so much. Might close 30c.
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dawx14
Senior |
17-Jan-2014 13:53
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Unlikely.
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gaoshou
Member |
17-Jan-2014 13:52
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Close 26? Possible? | ||||
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dawx14
Senior |
17-Jan-2014 13:49
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Profit taking from placement. Buyer from public who bought earlier throw because scared it will drop more. Collecting by BB. Pump later. 
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