| Latest Forum Topics / Shen Yao Last:0.002 -- |
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ThinkEnv name change to Liongold Corp
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Ushnisambatha
Senior |
10-Dec-2020 22:17
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Good man. God be by your side.
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black_white
Master |
10-Dec-2020 22:08
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All those uncertainties posed, can be answered in the latest annual report. Just read line by line..... It' s my money involved, so I want to read line by line. Don' t just listen to what I say.  | ||||
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BlueSnake
Member |
10-Dec-2020 22:01
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I don't think it will take a year to reach 0.01 ,
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black_white
Master |
10-Dec-2020 22:00
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I have no answer for the 2nd part as I am not privy to the details of discussion. But I believe there must be certain agenda behind it for both parties which we are not aware of - something to be mutually beneficial for sure.... And in the case for Thomson, obvious that the mutual benefit is financial gain through the convertible bond itself. For Yaoo Capital, I can' t put a finger to it
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black_white
Master |
10-Dec-2020 21:52
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Yea - So tell me.... If these owners are bent on just benefitting right now, and don' t care long term, 1.5 years ago, would they have changed this agreement of $100million convertible bond to a $500k share option? If people want to comment on present actions without considerations for the past actions by this group of new management, then I think it is very myopic.  Today, I give you half a glass of juice, you will kbkb. But if I had told you, this would have potentially been 1/4 glass full today if previously your mum didn' t buy a bigger bottle of juice, you would see it differently. People see what they want to see only. Some may use this against me as well, but at least i can say that I have done more detailed research and reading up to derive at certain conclusions.  Go and see the annual report for 2020 which a couple of us had brought up for discussion before. Do you see Premier Equity Fund holding 1 billion shares?  
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Ushnisambatha
Senior |
10-Dec-2020 21:50
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I am aware the Premier 500m share option is a sort of fees for ending the original loan deal.That' s fine as it is contractual and valid for 4 bloody long years. Talk about the generosity of that idiot in charge at that time of contract,6th Sept 2019.   My present curosity is regarding the Thomson bond deal.Why pay 10% interest and allow for conversion  at 0.3 cts 2 years from now, when you can first take a $2M interest free loan from ex-CEO Tan?  
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WiseInvestor
Elite |
10-Dec-2020 21:46
Yells: "Forex Biz Opportunity for traders!" |
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Bro, thank you for the update!
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black_white
Master |
10-Dec-2020 21:44
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Bro, think deep. All these are clear signs of certain actions by the invisible hand(s). It' s all a psychological game without damaging the charts. And I implore all to go and do your own detailed research both technical and non-technical instead of just listening to me. If not, later I kena flame for giving false hope, etc etc. 
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OngBak
Veteran |
10-Dec-2020 21:40
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Today total transactions abt 500m shares.. equal to $1.5m Relax la | ||||
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churnw
Elite |
10-Dec-2020 21:19
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Then who selling .... ???? | ||||
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Operator81
Senior |
10-Dec-2020 21:18
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真 的 吗 ?
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black_white
Master |
10-Dec-2020 21:06
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They are not borrowing technically speaking. Premier equity fund had the rights to execute this share option as this option was given to them. It is not because LG asked them to activate and use this share option. To me, i feel this is good news also. BEcause how this plays out the next few days will give clarity on: 1. intent of LG management 2. coporate investors' confidence of LG 3. retail investors' condidence of LG 4. invisible hand' s confidence of LG (which may be related to 1 or 2 above) That will provide greater certainty on the path/trajectory towards the target price, or provide greater clarity on the likely adjusted target price.
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black_white
Master |
10-Dec-2020 20:59
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https://www.businesstimes.com.sg/companies-markets/liongold-proposes-s1m-in-ipts-at-controlling-shareholders-request | ||||
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black_white
Master |
10-Dec-2020 20:57
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Only 500 million granted as share options to replace the covertible bond of $100 million which was terminated after the new owners bought over the debt and shares of previous creditors. Based on the numerous articles you can find online when Yaoo Capital entered into an agreement with previous owners and creditors in order to take full control of the company as new owners.
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black_white
Master |
10-Dec-2020 20:50
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All these were took over by the new CEO, who bought over the debts and shares......
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black_white
Master |
10-Dec-2020 20:44
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Blind faith can lead to one' s downfall. True faith comes from the depth of one' s research and analysis thus far - May not be 100% correct, but 80% is a good enough confidence for myself. What I know is, I have the latter. So I have no fear for that. I have put my money in this counter, prepared to leave it for up to 2 years max. Nonetheless, my target was 6 months for $0.01, and 1 years for $0.10 (ceteris paribus, with the assumption of maintaining same if not higher profits). But with the bond issue and options awarded long ago before the the new owners took over, my target has been adjusted for up to a year to achieve $0.01. For $0.10, the time frame I have no idea because now need to see how the 10 x conversions will play out (need at least the 1st conversion to see market reaction and investor' s intent). | ||||
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Andrew123
Master |
10-Dec-2020 20:15
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how many shares are issued till date? | ||||
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Operator81
Senior |
10-Dec-2020 19:48
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I read very carefully, it will be listed on 11 Dec. I go one step further, i read annual report 2019, VCAM or Premier Equity Fund have more than 1 billion shares before exercising this 500 mil option. They could be selling those on hand shares, isn' t it the same?
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Ushnisambatha
Senior |
10-Dec-2020 19:40
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Good,let' s hope it is now water under the bridge. However, the annc clearly state listing and quotation of 500 m shares only tomorrow 11th. Can you annc listing on 11th and sell on the 10th?  I guess tomorrow we' ll get a better picture.I can understand why some parties may be very unhappy with all that has happened lately including the ridiculously high interest and conversion at 0.3 cts of the Thomson 2 year bond issue.What I heard is why borrow at such terms when there is a ready $2m  interest free loan offer from ex-CEO Tan Soo Koon. All in,is the real China face showing itself now and so early?Shivers down my spine.
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black_white
Master |
10-Dec-2020 19:33
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Actually, you all go read the announcements carefully. There are a few. The shares not yet listed in market.  | ||||
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