| Latest Forum Topics / TEE Intl |
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TEE International
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gravity8888
Supreme |
14-Sep-2019 20:06
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So the shortist and longist camp is having a debate.. We will see next week which camp wins.. So right now.. Sit back and enjoy the haze | ||||
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Annoymouse
Member |
14-Sep-2019 18:10
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Your reply says a lot about your substance, or the lack thereof. Lol
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Shifu8888
Supreme |
14-Sep-2019 17:36
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Why defend? I play striker role in my ex team. Lol. No need to answer your questions cos I do not work there. FYI, they have not breached the debt covenant, have they? No need to name assets as if they are calling back the debts. No sentiments attached to any stock anyway.
Last answer to you. Vomit blood.
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LongNobley
Master |
14-Sep-2019 15:12
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Siao. Of course lah. 80% Wiped out of value leh
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shk363
Elite |
14-Sep-2019 15:05
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the investor who rejected the 20 ct offer if he is still holding now must be feeling v regretful
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Annoymouse
Member |
14-Sep-2019 14:56
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Looks whos the defensive one. It was all constructive questions and you refused to reply. Lol
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Annoymouse
Member |
14-Sep-2019 14:34
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If I'm not wrong it's a marginal loss in vote that resulted in failed privatisation.
https://www.theedgesingapore.com/tee-international-ceo-phua-fails-push-through-privatisation-scheme
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Shifu8888
Supreme |
14-Sep-2019 14:32
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I answer you straight: Tee Land is 60% owned by Tee intl. I owe you no answer. Go do your own hw. I getting nap now
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Annoymouse
Member |
14-Sep-2019 14:30
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Seems like you are the only person not chilled out.
My question was simple - what assets are liquid to meet debt obligation and I wish you or someone else who thinks the same can provide some insights. It's constructive and rational discussion. While Tee land is valuable we shouldn't forget that it's separately listed and has separate BOD and shareholder base. Bearing that in mind, does he parent company have sufficient funds or assets to alleviate the debt obligation?
And why is it a high entry business? There are many similar businesses around.
It's precisely weekend that it allows for time to discuss before market opens. You don't do homework when the homework is due isnt it.
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LongNobley
Master |
14-Sep-2019 14:10
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when was this privatization offer?
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ysh2006
Supreme |
14-Sep-2019 13:41
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Why the last time that investor rejected Mr Phua 20c privatisation of company in last miniute ?
Any forumer can find out ?
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gravity8888
Supreme |
14-Sep-2019 13:29
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Maybe in order to prevent tee shares from going down further.. Someone offered to buy over the ceo shares and ask him to step down. This will minimise further damages and what ever that the ceo done if any.. The company can choose to take action or not
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Shifu8888
Supreme |
14-Sep-2019 13:27
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I hope this can be suspended. Suspension can be a blessing so that things can be fanned out. But my Hope seems not possible as the halt will likely be unhalted as in so far, company has no issue, and there is a buyer in Nego. I repeat, at 3 cts, someone scooped up share in bulk almost immediately. This happens so many times. There must be some real buyers or some Shortists acting in concert to cover back big time...how possible when chucks of margins called shares dumped down plus Shortists from retail, if there is no genuine buyers, this stock will crash till LionGold level. Think again. That is why I joined in the party to scoop also. A wager to me.
Well... asset wise, order book, operating CF positive, positive equity for now (why for now? Cos if successive losses can negate positive equity), Tee Land, High barriers to entry business, clientele base, bla bla.... A bona fide case of ownself cheque ownself. Given LBW demeanour, I am sure towkay will Kena buttered. Many behind veil drama. Just wait and watch.... stay tuned. Men, it is weekend. Let us chill out.
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LongNobley
Master |
14-Sep-2019 13:05
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CEO Phua of TEE LAND can save TEE INTL but he chose to go the stupid route. It' s a pity, all will die together.
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commando
Master |
14-Sep-2019 12:50
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Yes, sgx annoucement
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Annoymouse
Member |
14-Sep-2019 12:47
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So what are the assets in the book that you think can help alleviate the debt? Since you mentioned there's no issue with the company. If we exclude Tee land what are the liquid assets that can cover the debt? I
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gravity8888
Supreme |
14-Sep-2019 12:42
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Someone offered to buy part of the controlling holder stake... | ||||
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noobnub
Supreme |
14-Sep-2019 12:01
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after forward 2-3 weeks prices became half at 3c low closing 3.5c. many heros along the way down scoop until.........haha. eventually only 1 hero who can tahan will emerge. shortist just smile to the bank.......with the last batch get caught in the halt.  the long hero will meet shortist again in other stocks and that is the cycle of stock market.
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noobnub
Supreme |
14-Sep-2019 11:39
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last time co wants to sell PART stake of tee land......now again towkay want to sell only PART stake of his shares in tee intl. really a desperate attempt to raise funds and yet want to keep controlling stake. what a juggling act.
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ysh2006
Supreme |
14-Sep-2019 11:06
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The failed privatisation of 20c was a luckily thing for Mr Phua.....now can ask price that suit to his need!.....should be more than the recent right issue price of 10c.....
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