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Global Logistic
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amandayoung
Elite |
02-Mar-2017 10:34
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I know dont about other parties. But i am very sure the Chinese Consortium must work very hard to achieve their goal.
So expect a Good Bid by the Chinese Groups.
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FATABA
Supreme |
02-Mar-2017 10:06
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Yes....someone selling at 269.....let see how long more ? :(
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rlong8288
Master |
02-Mar-2017 10:00
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Heading south again,  ....
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seanpent
Supreme |
02-Mar-2017 09:56
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you  aware of  the strong resistance at 269 / 270 ..... :(
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amandayoung
Elite |
02-Mar-2017 09:54
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Logical reaction . Nice : )
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amandayoung
Elite |
02-Mar-2017 09:50
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Read between the lines :
Those tasked with the One Belt One Road Mega Project, your tasks your Mission. Those can help football greatness, help. See the A Champions League, China teams doing quite well.
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amandayoung
Elite |
02-Mar-2017 09:44
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一 代 一 路
Very very important Chinese Words No.1 Football Greatness Very very important China sporting ambition No.1 |
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FATABA
Supreme |
02-Mar-2017 09:14
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Only early morning and volume is v low....wait and see.....resistance 269/270 shld breaks ...soon. ( ok I hope)
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machapple2k
Member |
02-Mar-2017 08:51
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the other sti component counters are running yet this one is being kept suppressed by unknown forces.
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MekMiRic
Member |
02-Mar-2017 05:49
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slow and steady here.
most of us here already accept that there is additional value in glp. and that value will be realized. 2 questions are by how much and when. but i do emphathise with fellow investors who prefer to time the market. i myself am wondering if the capital could had been use in the huge upticks of dow. i console myself - the bird in the hand is worth two in the bush. still vested. and even loaded more the last 2 days. wishing everyone profitable trades. |
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zstro99
Member |
01-Mar-2017 23:08
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I don't think GIC would expect 2.60 now... GLP's situation now is so different from February 2013... | ||||
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zstro99
Member |
01-Mar-2017 23:06
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Anyway if GIC does call off the deal, GLP must let shareholders know what was the best bid offer.. This will provide a floor support for the share price going forward... It will then be up to us shareholders to decide whether to continue to have faith in GIC /GLP and hold it 'together' for the long term... At the same time I don't think the best bid offer would be just only at 1.0 P/B.. Using ARA Asset Management as a rough reference.. Which privatization offers in the past few months were done at less than 1.0 P/B? | ||||
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kerier
Veteran |
01-Mar-2017 23:02
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It only makes sense that the non-binding offers have to higher than $2.60 (to meet GIC' s expectations) in order to proceed to the current due dilligence phase. Once they peruse the necessary nitty gritty stuff to ensure nothing is amiss, the binding offers should flow. Vested in this. DYODD. |
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zstro99
Member |
01-Mar-2017 22:56
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That's why it will be good to know what was the prevailing P/B ratio in Feb 2013 then at the stake sale price of 2.60 | ||||
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zstro99
Member |
01-Mar-2017 22:54
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The prospects for GLP is much better now looking ahead, compared to 2013 then... GIC could still continue to hold and grow GLP if they decided the best bid offer is not good enough. Just my opinion | ||||
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mailaileh
Veteran |
01-Mar-2017 22:54
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That was my initial worry too. But the fact that they have proceeded with due diligence means the offer is good enough for them. So downside will be if bidders last min pull off (unlikely with 3 houses), or the offer price they are satisfied with do not satisfy us :(
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mailaileh
Veteran |
01-Mar-2017 22:52
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I have personally ruled out the possibility of partial sales. Colloboration, or no sale or sale at bad price are my downside scenarios. Have positioned myself to win more, or breakeven if downside scenarios hit.
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zstro99
Member |
01-Mar-2017 22:51
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My bigger worry is actually that GIC may call off the deal if the 'best bid offer' is not good enough for GIC ... 不 要 就 拉 倒 ... | ||||
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zstro99
Member |
01-Mar-2017 22:48
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Anyway after that drop down on 26 February 2013 when the stake sale was announced, those who didn't sell would have seen the share price eventually went to a high of $3.10 (but it might be due to the general market ride up to 3300 points on the STI) | ||||
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KopRed75
Veteran |
01-Mar-2017 22:44
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It is extremely unlikely for a partial sale to take place. If it is a partial sale, things need not get so complicated. Moreover, there is too much reputation at stake to pull such a stunt. Big boys want us to think that there is a possibility of partial sales for reasons best known to them and now to quite a few of us too.
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