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moron101 Supreme	28-Feb-2017 20:41        moron101 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Should be ok tomorrow. Uptrend will be back again.. MekMiRic      ( Date: 28-Feb-2017 19:58) Posted: On a very bad day I can always read the posts from the usual suspects (and most of us know who) and have a laugh :) still vested and still recognising the potential added value of glp
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MekMiRic Member	28-Feb-2017 19:58        MekMiRic About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	On a very bad day I can always read the posts from the usual suspects (and most of us know who) and have a laugh :) still vested and still recognising the potential added value of glp
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moneyspinner Veteran	28-Feb-2017 19:06        moneyspinner About Contact  Quote this Post!
x 0   x 0  Alert Admin	Oops!   Should be $2.66...... moneyspinner      ( Date: 28-Feb-2017 19:03) Posted: Total shorts today is only 3,779,500 shares @ av. price of $3.66 each.   In other words most of the 84.1 million shares done today are genuine holders.   Of course there could be some quantum of contra transaction.   Interesting.   Just who are the sellers/buyers?😳
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moneyspinner Veteran	28-Feb-2017 19:03        moneyspinner About Contact  Quote this Post!
x 0   x 0  Alert Admin	Total shorts today is only 3,779,500 shares @ av. price of $3.66 each.   In other words most of the 84.1 million shares done today are genuine holders.   Of course there could be some quantum of contra transaction.   Interesting.   Just who are the sellers/buyers?😳
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mintymint Member	28-Feb-2017 18:31        mintymint About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://www.wsj.com/articles/u-s-china-logistics-giant-glp-narrows-list-of-bidders-1488193066 http://www.todayevery.com/share/H1lf0Otb9l?hint=SB11849978673534134861004582647203071370174?responsive=y/articles U.S., China Logistics Giant GLP Narrows List of Bidders Feb. 27, 2017 5:57 a.m. ET By P.R. Venkat in Singapore and Kane Wu in Hong Kong Global Logistic Properties Ltd. , a backbone of the logistics industry in the U.S. and China, said it has narrowed down the bidders for a potential buyout. Among those that have expressed interest in the $9.5 billion warehousing giant are private-equity firms Blackstone Group LP and Warburg Pincus LLC, people familiar with the process have said, as well as a management-led consortium. As is typical in a big buyout, GLP will now give those bidders chosen for the shortlist access to detailed information about business operations. GLP didn&rsquo t name the shortlisted bidders, saying in a statement to Singapore&rsquo s stock exchange only that several parties that will be allowed to conduct due diligence. The company&rsquo s chief executive, Ming Mei, is working with a consortium of China-focused investment firms Hillhouse Capital Group and Hopu Investment Management Co., according to the people familiar with the process. GLP has said that Mr. Ming and GLP nonexecutive director Fang Fenglei, who runs Hopu Investment, have excluded themselves from board discussions of the bids. Singapore sovereign-wealth fund GIC Pte. Ltd., GLP&rsquo s biggest shareholder with a 37% stake, effectively put it up for sale in December when it asked the company to undergo a strategic review. GLP then hired J.P. Morgan Chase & Co. to seek out potential buyers. GLP is one of the world&rsquo s largest warehousing and distribution companies, growing in recent years through acquisitions such as an $8.1 billion purchase, with GIC, of U.S. industrial-property owner IndCor from Blackstone. Its China portfolio is valued at about $12.8 billion, including properties in Beijing and Shanghai. GLP funds its purchases with a mix of its own money and capital raised from outside investors. Demand for sophisticated logistics operations has grown as e-commerce has expanded globally. GLP has targeted the U.S. and China, the two biggest online-shopping markets, for its expansion. It manages logistics assets valued at close to $40 billion across the U.S., China, Japan and Brazil. More than one third of GIC&rsquo s investments are in the U.S., including owns stakes in Citigroup Inc. and UBS Group AG. It oversees about $344 billion in assets, making it the world&rsquo s eighth-largest sovereign fund, according to the Sovereign Wealth Fund Institute. mintymint      ( Date: 28-Feb-2017 18:17) Posted: care to share what report is this?  KiLrOy      ( Date: 28-Feb-2017 09:02) Posted: Sell lah... Key takeaways   GLP has announced updates on its strategic review. Non-binding proposals are being evaluated and due diligence to start soon Investor expectations may be disappointed in a potential partial take-out, one of many possibilities highlighted by the group GLP trades at 1.02x P/BV, up c.71% since 2 Nov 2016, and up 48% in the last six months. Update on strategic review 2 GLP has announced some updates on its on-going strategic review. As noted in its announcement, the Special Committee has " evaluated various non-binding proposals received. These non-binding proposals may involve a possible acquisition of all, or some, of the shares of the company, which may or may not lead to an offer being made for the shares of the company" . Discussions with several parties whom it has shortlisted are now on-going. These parties will be invited to conduct due diligence on GLP. What if it' s just a partial take-out? While the wording in the announcement sounds pretty standard, we think it may be of investor interest at this point to highlight the potential scenario in which a full acquisition of GLP does not materialize, as noted in the announcement. GLP' s share price has rallied hard since media reports (e.g., Bloomberg on 2 Nov 2016) suggested that a take-over offer from interested parties may be in the cards. With concrete steps being taken by the Special committee to evaluate non-binding proposals, a corporate action of some sort still look like the most likely outcome. But, if a partial offer occurs (" some of the shares" ) instead of a full take-out, the final valuation could disappoint, as full take-out scenarios typically command a control premium. Sum-of-the-parts valuation scenario We have laid out a valuation scenario for investors to digest. GLP currently trades at c.1.02x P/BV (3Q17: NAV: US$1.90, NTA: US$1.81). Our previous estimate for its FUM business was pegged at a 12x earnings multiple, implying c.25ct per share. Assuming the recent take-out offer for ARA SP (not rated) at 20x implies a c.40ct per share value. This would bring a potential value of S$3.10 for GLP, or +13% higher than current share price. The stock has rallied c.48% in the past six months and c.71% since 2 Nov 2016.
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mintymint Member	28-Feb-2017 18:17        mintymint About Contact  Quote this Post!
x 0   x 0  Alert Admin	care to share what report is this?  KiLrOy      ( Date: 28-Feb-2017 09:02) Posted: Sell lah... Key takeaways   GLP has announced updates on its strategic review. Non-binding proposals are being evaluated and due diligence to start soon Investor expectations may be disappointed in a potential partial take-out, one of many possibilities highlighted by the group GLP trades at 1.02x P/BV, up c.71% since 2 Nov 2016, and up 48% in the last six months. Update on strategic review 2 GLP has announced some updates on its on-going strategic review. As noted in its announcement, the Special Committee has " evaluated various non-binding proposals received. These non-binding proposals may involve a possible acquisition of all, or some, of the shares of the company, which may or may not lead to an offer being made for the shares of the company" . Discussions with several parties whom it has shortlisted are now on-going. These parties will be invited to conduct due diligence on GLP. What if it' s just a partial take-out? While the wording in the announcement sounds pretty standard, we think it may be of investor interest at this point to highlight the potential scenario in which a full acquisition of GLP does not materialize, as noted in the announcement. GLP' s share price has rallied hard since media reports (e.g., Bloomberg on 2 Nov 2016) suggested that a take-over offer from interested parties may be in the cards. With concrete steps being taken by the Special committee to evaluate non-binding proposals, a corporate action of some sort still look like the most likely outcome. But, if a partial offer occurs (" some of the shares" ) instead of a full take-out, the final valuation could disappoint, as full take-out scenarios typically command a control premium. Sum-of-the-parts valuation scenario We have laid out a valuation scenario for investors to digest. GLP currently trades at c.1.02x P/BV (3Q17: NAV: US$1.90, NTA: US$1.81). Our previous estimate for its FUM business was pegged at a 12x earnings multiple, implying c.25ct per share. Assuming the recent take-out offer for ARA SP (not rated) at 20x implies a c.40ct per share value. This would bring a potential value of S$3.10 for GLP, or +13% higher than current share price. The stock has rallied c.48% in the past six months and c.71% since 2 Nov 2016.
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Octavia Supreme	28-Feb-2017 17:14        Octavia About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Last minute thrown down at $2.66. Have taken all profit on the table and wait for re-entry Expect more volatility ahead.
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gopguppy Veteran	28-Feb-2017 17:13        gopguppy About Contact  Quote this Post!
x 0   x 0  Alert Admin	SGX should go after the big boys for share manipulation. This is an obvious case. KopRed75      ( Date: 28-Feb-2017 16:48) Posted: Just ask yourself this question, how to explain the huge volume of transactions around 2.64 price range? If the idea is for BBs to cash out, they will not waste so much ammunition firing over 2.64 given the lack of support this morning in the freefall to 2.55. Hence, it seems to me a very obvious collection exercise. KopRed75      ( Date: 28-Feb-2017 16:44) Posted:
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moneyspinner Veteran	28-Feb-2017 16:59        moneyspinner About Contact  Quote this Post!
x 0   x 0  Alert Admin	BTW, STI today is a sea of Red!
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FATABA Supreme	28-Feb-2017 16:58        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	The next round are binding bids....which wld be much faster then first round. ( my guess) ​ The large volume done today is definately an oppor for bb to collect more shares. 80M shares done seanpent      ( Date: 28-Feb-2017 16:39) Posted: from UE' s firmness, think it may come earlier than expected ..... GLP probably in May as seen from some messages here ..... seanpent      ( Date: 28-Feb-2017 12:22) Posted: UE very steady .....
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amandayoung Elite	28-Feb-2017 16:56        amandayoung About Contact  Quote this Post!
x 0   x 0  Alert Admin	There. Their Super Computer Analytics. amandayoung      ( Date: 28-Feb-2017 14:31) Posted: My US contact, a former staff of (medal + lion + very fun) told me he just input all the available info (including the weather in Shanghai) into the re-modelled Super Computer and this is what he got : It (the Super Computer) says : Chinese 志 在 必 得 Hearts different feelings and goals Analytics Possibilities : 1. Go thru formal bidding processes 2. If 1. fails, then 2. accumulate as much as possible...if possible close to 29.99%... Once passes 30% stakes, make declare to the world hostile takeover bid at all cash very hars to refuse price bid..... I not sure as it is a Super Computer. If ( medal + lion + fun) knows about GLP current stories, they will sure know how to play to win.
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amandayoung Elite	28-Feb-2017 16:54        amandayoung About Contact  Quote this Post!
x 0   x 0  Alert Admin	Maybe buying up from Super Computer Medals Fun
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amandayoung Elite	28-Feb-2017 16:52        amandayoung About Contact  Quote this Post!
x 0   x 0  Alert Admin	I didnt sell ah . My hk fr bought 50 lot at 2 56 rotijai      ( Date: 28-Feb-2017 16:49) Posted: hello friend.. why did you sell at 2.6+ this morning? amandayoung      ( Date: 28-Feb-2017 16:44) Posted: So, shortlisted may have more than 2 parties putting Full Takeover Buyour Offer Anhthing below NAV 2.98 per Share is a Buy ...(2 75 + 23)
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rotijai Supreme	28-Feb-2017 16:49        rotijai About Contact  Quote this Post!
x 0   x 0  Alert Admin	hello friend.. why did you sell at 2.6+ this morning? amandayoung      ( Date: 28-Feb-2017 16:44) Posted: So, shortlisted may have more than 2 parties putting Full Takeover Buyour Offer Anhthing below NAV 2.98 per Share is a Buy ...(2 75 + 23) amandayoung      ( Date: 28-Feb-2017 16:42) Posted: READ between the lines : 1. At least 1 Offer is a Full Takeover Offer & 2. Shortlisted can put in revised Binding Bid
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KopRed75 Veteran	28-Feb-2017 16:48        KopRed75 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just ask yourself this question, how to explain the huge volume of transactions around 2.64 price range? If the idea is for BBs to cash out, they will not waste so much ammunition firing over 2.64 given the lack of support this morning in the freefall to 2.55. Hence, it seems to me a very obvious collection exercise. KopRed75      ( Date: 28-Feb-2017 16:44) Posted: bigpicture      ( Date: 28-Feb-2017 16:37) Posted: you are right...careful on the rebound back to 2.70 which may be false hope again. monitor a few more days to see the clearer picture
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amandayoung Elite	28-Feb-2017 16:44        amandayoung About Contact  Quote this Post!
x 0   x 0  Alert Admin	So, shortlisted may have more than 2 parties putting Full Takeover Buyour Offer Anhthing below NAV 2.98 per Share is a Buy ...(2 75 + 23) amandayoung      ( Date: 28-Feb-2017 16:42) Posted: READ between the lines : 1. At least 1 Offer is a Full Takeover Offer & 2. Shortlisted can put in revised Binding Bids amandayoung      ( Date: 28-Feb-2017 12:16) Posted: Round 1 : various parties submit non binding proposals Round 2 : shortlist parties and please present new binding offers Party A : all cash $x.xx per share Party B : i also all cash $y.xx per share Party C : i Package Party D : me 3 package Party E : merger m & a My friend from hk .....btw
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KopRed75 Veteran	28-Feb-2017 16:44        KopRed75 About Contact  Quote this Post!
x 0   x 0  Alert Admin	bigpicture      ( Date: 28-Feb-2017 16:37) Posted: you are right...careful on the rebound back to 2.70 which may be false hope again. monitor a few more days to see the clearer picture
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amandayoung Elite	28-Feb-2017 16:42        amandayoung About Contact  Quote this Post!
x 0   x 0  Alert Admin	READ between the lines : 1. At least 1 Offer is a Full Takeover Offer & 2. Shortlisted can put in revised Binding Bids amandayoung      ( Date: 28-Feb-2017 12:16) Posted: Round 1 : various parties submit non binding proposals Round 2 : shortlist parties and please present new binding offers Party A : all cash $x.xx per share Party B : i also all cash $y.xx per share Party C : i Package Party D : me 3 package Party E : merger m & a My friend from hk .....btw amandayoung      ( Date: 28-Feb-2017 12:10) Posted: My firend called me say she bought some at 2.56 50 lot. She is new entrant 1st time buy GLP. Timing very good.
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seanpent Supreme	28-Feb-2017 16:39        seanpent About Contact  Quote this Post!
x 0   x 0  Alert Admin	from UE' s firmness, think it may come earlier than expected ..... GLP probably in May as seen from some messages here ..... seanpent      ( Date: 28-Feb-2017 12:22) Posted: UE very steady ..... FATABA      ( Date: 28-Feb-2017 11:29) Posted: I agree with yr input " standard legal clauses" . ​ But partial sale ( say GIC sell 27% and hold back 10%..assume) ....then there wld be no general offer to the public ...which I assume many are concern. ​ HOWEVER, its really a matter of the value they pay ?  What is they pay 3.50 ? Then the value of GLP is there.....shareholders would b happy holding on this is new value of GLP .  ( of course I am talking abt investor/ not someone who is trading ) Also, there are SEVERAL bidders....we nver know what is the next step of actions. Blackstone and others are not sleeping. ​ So I dont get why GLP wld not be global even if its not an outright side. ( adding another BB shareholder is adding good value to its pool ) ​ Anyway...we are speculating haaha
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bigpicture Member	28-Feb-2017 16:37        bigpicture About Contact  Quote this Post! Style: Technical
x 0   x 0  Alert Admin	you are right...careful on the rebound back to 2.70 which may be false hope again. monitor a few more days to see the clearer picture
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