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M1
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huatster
Senior |
02-May-2017 16:33
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Moving up slow and steady. Huat ah |
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waters
Senior |
02-May-2017 00:00
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just hope M1 will move sky high |
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huatster
Senior |
01-May-2017 23:35
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CM not bidding yet but looking into bidding. M1 will rocket up. TP $2.50
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TMW1986
Master |
01-May-2017 21:41
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China mobile denied about bidding for M1. Just be careful of those speculation. If no one is really buying, m1 share price easily fall back below 1.90.
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Henry$$$
Veteran |
27-Apr-2017 22:47
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https://www.bloomberg.com/gadfly/articles/2017-04-27/m1-s-profit-bell-reaches-from-singapore-to-a-chinese-coal-mine  Good article.... TP at least 2.50.  |
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rlong8288
Master |
27-Apr-2017 12:41
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[HONG KONG] A coal producer based in China' s Shanxi province and China Broadband Capital are among bidders for US$1.4 billion Singapore wireless carrier M1 Ltd, according to people with knowledge of the matter. Shanxi Meijin Energy Co and China Broadband have separately submitted first-round offers, said the people, who asked not to be identified because the discussions are confidential. Bahrain Telecommunications Co and private equity funds have also made non-binding bids, the people said. The potential sale of Singapore' s third-largest carrier comes as the city-state prepares for the roll-out of a fourth mobile operator, with TPG Telecom Ltd slated to begin wireless services in 2018. The regulator has said it wants to introduce more competition in Singapore to bring down phone bills and improve services. M1' s largest owners Axiata Group Bhd, Keppel Telecommunications & Transportation Ltd, and Singapore Press Holdings Ltd appointed Morgan Stanley to help explore options including a sale of the telecom operator, according to March filings.  
 
  M1 shares rose as much as 4.8 per cent in Singapore Thursday, the biggest intraday gain in more than a month. They were trading 3.4 per cent higher at 10:39am, while the benchmark Straits Times Index was down 0.1 per cent.  
  Meijin Energy, based in Taiyuan, China, is pursuing a transaction alongside a family office, one of the people said. The coal miner is considering the purchase even as acquisitive Chinese companies grapple with stricter capital controls aimed at slowing the pace of offshore deals and keeping the yuan in check. China Broadband, founded by Edward Tian, would seek to partner with other financial investors on a deal for Singapore' s smallest mobile operator, the person said. The Beijing-based firm typically invests in telecom and technology companies based in or focusing on China, including a 2015 partnership with Airbnb Inc and Sequoia Capital China. Representatives for Batelco, Meijin Energy and China Broadband Capital didn' t immediately respond to requests for comment. Representatives for Axiata, Keppel and Singapore Press declined to comment beyond their March filings about the strategic review. Axiata has a 29 per cent stake in M1, while Keppel has a 19 per cent holding and Singapore Press owns 13 per cent, according to data compiled by Bloomberg. BLOOMBERG |
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InvestNotTrade
Senior |
27-Apr-2017 11:49
Yells: "seekingprivatereturns.blog" |
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Not sure why hasn' t the news filtered to here. But from BT, China coal miner vying for M1. http://www.businesstimes.com.sg/companies-markets/china-coal-miner-vying-for-singapore-mobile-carrier-m1 |
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leongyan
Master |
27-Apr-2017 10:49
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if you bought low at 2.0x level why bother about above 2.19? capital gain is more than enough ..
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seanpent
Supreme |
27-Apr-2017 10:12
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hopefully ... looking forward ...
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danger
Supreme |
27-Apr-2017 10:09
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2.19 is the resistance.. cannot break through means finished |
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leongyan
Master |
27-Apr-2017 10:07
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Probably some news.. lets see what is released.. M& A is still on.. those  who loaded at 2.04 days ago are reaping good gains
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destinykraze
Elite |
27-Apr-2017 09:31
Yells: "Reality is only a matter of perception" |
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M1 have news for sure. shooting 5% in 3 mins. |
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destinykraze
Elite |
27-Apr-2017 09:30
Yells: "Reality is only a matter of perception" |
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m1, flying like nobody' s business. |
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rlong8288
Master |
27-Apr-2017 09:30
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Anyone has any update on this counter |
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leongyan
Master |
26-Apr-2017 15:53
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M1 is currently  not a stock that you buy and throw it into the storeroom. .. trade with the up and downs will be more rewarding. The M& A is still on the table.
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ranger109
Member |
26-Apr-2017 15:15
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The impact of 4th Telco TPG enter into Singapore market is too soon too predict the outcome. In year 2000, PCCW brought Hong Kong Telecome their share price sink from HKD 128.00 to HKD 5.00 till today.
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seanpent
Supreme |
26-Apr-2017 14:27
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still awaiting an update ..... hopefully thereafter M1 & KepT& T will rally strongly .....
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seanpent
Supreme |
26-Apr-2017 13:21
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rlong8288
Master |
26-Apr-2017 13:15
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Volume is still too low | ||||
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seanpent
Supreme |
26-Apr-2017 13:07
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saw the gobbling up at 2.10 ..... lai liao ?  
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