| Latest Forum Topics / Broadway Ind |
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broadway ind
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Smallball
Senior |
29-May-2020 13:38
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Lucky sell out 120 | ||
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buayjinchu
Senior |
29-May-2020 13:36
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Bro you very zhun !!   Are you the one shorting?
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Daxtheman
Veteran |
29-May-2020 11:41
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Pump and dump.
Friday selling will come. Take profit when you can. Am out |
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Shareskiat89
Elite |
29-May-2020 11:38
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this is very unexpected. news of them selling away business, i thought shares price will drop, end up it rally. |
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Smallball
Senior |
29-May-2020 10:38
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This up power | ||
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memyselfi
Senior |
29-May-2020 10:32
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millions of share gobbled up  | ||
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tofudidi
Supreme |
29-May-2020 09:45
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something brewing? | ||
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tankoksee
Supreme |
29-May-2020 09:45
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15 cts achievable soon...today/next week | ||
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Grubber
Elite |
29-May-2020 09:43
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chiong tp 119 | ||
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memyselfi
Senior |
29-May-2020 09:42
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up up up up | ||
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guavaMoment
Senior |
29-May-2020 09:42
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Gosh up 16% even after selling off HDD biz. Something beyond the sale is happening I think. | ||
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Joelton
Supreme |
29-May-2020 09:42
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Broadway Industrial enters non-binding proposal to sell hard-disk businessTHU, MAY 28, 2020 - 6:20 PMPRECISION manufacturer Broadway Industrial Group has entered a non-binding indicative proposal to dispose of its hard-disk-drive business via the sale its wholly-owned unit, BIGL Asia, to a potential buyer whose identity has not been disclosed.  In a bourse filing on Thursday, Broadway Industrial said that the consideration for the sale will be in cash or equity, and will be determined following the buyer&rsquo s due-diligence process. The buyer intends to retain all key management and technical staff of BIGL Asia. It also plans to execute the sale-and-purchase agreement by Nov 15, and to complete the sale by Dec 30, subject to unforeseen circumstances or delays caused by the Covid-19 pandemic.  Broadway Industrial added that the buyer entered a non-compete and non-solicitation agreement on Thursday to enable it to access confidential information for the due diligence. If the sale does not proceed, the agreement will still stand 18 months after the termination by written notice of discussions.  Shares of Broadway Industrial closed at S$0.098 on Thursday, up by S$0.001 or 1.03 per cent. https://www.businesstimes.com.sg/companies-markets/broadway-industrial-enters-non-binding-proposal-to-sell-hard-disk-business |
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embracez
Senior |
29-May-2020 08:28
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Precisely it' s so valuable and yet they sell it away.... |
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tankoksee
Supreme |
29-May-2020 08:10
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hdd business is worth more than 20 cts a share hor.. latest q results 0.9 cts a share annualised 3-4 cts easily..pe less than 4x.. too cheap...for words..might be a privatisation after all.. buy n hold seems a good idea... |
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embracez
Senior |
28-May-2020 23:56
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Sold their most profitable biz away tmr drop |
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Kelamel
Member |
28-May-2020 21:21
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Hi some news emerge just on broadway abt a sale of their hdd. How will market react to this? | ||
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tankoksee
Supreme |
28-May-2020 14:11
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20 cts possible... | ||
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noobnub
Supreme |
22-May-2020 14:50
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everyday eat abit enough lah. 
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embracez
Senior |
22-May-2020 14:46
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Still got meat to short leh | ||
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noobnub
Supreme |
22-May-2020 13:28
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covered bal 90
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