Back

Latest Forum Topics / China Fishery    Last:0.076 --

Post Reply

China Fishery - Low PE Post Reply Rate topic
CWC*** Member	21-Mar-2014 15:47        CWC*** About Contact  Quote this Post!
x 0   x 0  Alert Admin	No of offered/exercice shares will cut from the mother (70%) not from markets float (30%)......... Observers      ( Date: 21-Mar-2014 15:38) Posted: I have my doubts if Carlyle would be able to buy the same number of shares off China Fish's razor thin market float, as issued in the warrants, even if they offered a princely sum of $3.90 per share.  Skylinr      ( Date: 21-Mar-2014 14:21) Posted: Just my view. For me, the $0.52 is less of whether Carlyle Group will exercise, but rather a benchmark. If good news regarding the refinance and integration come out, I believe the $0.52 will be a significant milestone and a target, it after all being a value which the company put on itself. For instance, during the last rally, the $0.52 will have been a target for a few, myself included. Of course, it will also be ideal, on paper, if it exceeds $0.52 since Carlyle will have more incentive to exercise (and sell if they deem so), giving China Fishery additional cash to work with. Carlyle can exercise now, but they will have to face their shareholders why they exercise at $0.52 if they can buy at $0.39 on the market. After reading more on Carlyle, I somehow feel the warrant was to a certain extent a show of confidence. With the warrants, China Fishery can show to banks that they have the support of Carlyle Group behind them, which will somewhat give the banks more confidence to continue lending to China Fishery, even if the backing is intangible and not a guarantee they can get the money back for certain.Whether or not Carlyle choose to exercise is difficult to fathom for me, since the US$1 they paid can be wrote off easily, but the warrants also give them a chance to average down and/or increase their investment if they so desire to when the the share price exceeds $0.52 I've held China Fishery for a year now, bought before the rights issue. I believe that China Fishery has great potential and intend to remain invested beyond $0.52. That said, I'll still prefer to see my holdings valued at $0.52 then at $0.39!
Useful To Me  Not Useful To Me
Observers Elite	21-Mar-2014 15:38        Observers About Contact  Quote this Post!
x 0   x 0  Alert Admin	I have my doubts if Carlyle would be able to buy the same number of shares off China Fish's razor thin market float, as issued in the warrants, even if they offered a princely sum of $3.90 per share.  Skylinr      ( Date: 21-Mar-2014 14:21) Posted: Just my view. For me, the $0.52 is less of whether Carlyle Group will exercise, but rather a benchmark. If good news regarding the refinance and integration come out, I believe the $0.52 will be a significant milestone and a target, it after all being a value which the company put on itself. For instance, during the last rally, the $0.52 will have been a target for a few, myself included. Of course, it will also be ideal, on paper, if it exceeds $0.52 since Carlyle will have more incentive to exercise (and sell if they deem so), giving China Fishery additional cash to work with. Carlyle can exercise now, but they will have to face their shareholders why they exercise at $0.52 if they can buy at $0.39 on the market. After reading more on Carlyle, I somehow feel the warrant was to a certain extent a show of confidence. With the warrants, China Fishery can show to banks that they have the support of Carlyle Group behind them, which will somewhat give the banks more confidence to continue lending to China Fishery, even if the backing is intangible and not a guarantee they can get the money back for certain.Whether or not Carlyle choose to exercise is difficult to fathom for me, since the US$1 they paid can be wrote off easily, but the warrants also give them a chance to average down and/or increase their investment if they so desire to when the the share price exceeds $0.52 I've held China Fishery for a year now, bought before the rights issue. I believe that China Fishery has great potential and intend to remain invested beyond $0.52. That said, I'll still prefer to see my holdings valued at $0.52 then at $0.39!
Useful To Me  Not Useful To Me
Skylinr Member	21-Mar-2014 15:19        Skylinr About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	Haha, okay! Thanks!  CWC***      ( Date: 21-Mar-2014 15:15) Posted: Issued and exercise and announce are three different things....... that is the reos0n why i said forget about the warrants..... Skylinr      ( Date: 21-Mar-2014 14:59) Posted: It has been issued? So confused now! I look through SGX, they never announce they already issued. I thought they will announce, even if they are not going to list the warrants
Useful To Me  Not Useful To Me
CWC*** Member	21-Mar-2014 15:15        CWC*** About Contact  Quote this Post!
x 0   x 0  Alert Admin	Issued and exercise and announce are three different things....... that is the reos0n why i said forget about the warrants..... Skylinr      ( Date: 21-Mar-2014 14:59) Posted: It has been issued? So confused now! I look through SGX, they never announce they already issued. I thought they will announce, even if they are not going to list the warrants? CWC***      ( Date: 21-Mar-2014 14:48) Posted: Yap... warrants have been issued to Carlyle but only can exercise at $0.52......cheers
Useful To Me  Not Useful To Me
CWC*** Member	21-Mar-2014 15:10        CWC*** About Contact  Quote this Post!
x 0   x 0  Alert Admin	Me bot low but hand itchy try to aVe up so total holding 600 lots at +- $0.41 cheeers... Ka ka Hoot arh.... danytan      ( Date: 21-Mar-2014 15:01) Posted: solid la. whats ur average? CWC***      ( Date: 21-Mar-2014 01:32) Posted: Add 100 lots to ave down......Ka ka hoot arh.......
Useful To Me  Not Useful To Me
danytan Master	21-Mar-2014 15:01        danytan About Contact  Quote this Post!   Mood: Yells: "Up up and away!"
x 0   x 0  Alert Admin	solid la. whats ur average? CWC***      ( Date: 21-Mar-2014 01:32) Posted: Add 100 lots to ave down......Ka ka hoot arh.......
Useful To Me  Not Useful To Me
Skylinr Member	21-Mar-2014 14:59        Skylinr About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	It has been issued? So confused now! I look through SGX, they never announce they already issued. I thought they will announce, even if they are not going to list the warrants? CWC***      ( Date: 21-Mar-2014 14:48) Posted: Yap... warrants have been issued to Carlyle but only can exercise at $0.52......cheers  Skylinr      ( Date: 21-Mar-2014 14:41) Posted: Sorry, assuming they have already issued the warrants to Carlyle. Thanks for pointing out
Useful To Me  Not Useful To Me
CWC*** Member	21-Mar-2014 14:48        CWC*** About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yap... warrants have been issued to Carlyle but only can exercise at $0.52......cheers  Skylinr      ( Date: 21-Mar-2014 14:41) Posted: Sorry, assuming they have already issued the warrants to Carlyle. Thanks for pointing out! CWC***      ( Date: 21-Mar-2014 14:29) Posted: Who say Carlyle can exercise the warrants now!!??......
Useful To Me  Not Useful To Me
Skylinr Member	21-Mar-2014 14:41        Skylinr About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	Sorry, assuming they have already issued the warrants to Carlyle. Thanks for pointing out! CWC***      ( Date: 21-Mar-2014 14:29) Posted: Who say Carlyle can exercise the warrants now!!??...... Skylinr      ( Date: 21-Mar-2014 14:21) Posted: Just my view. For me, the $0.52 is less of whether Carlyle Group will exercise, but rather a benchmark. If good news regarding the refinance and integration come out, I believe the $0.52 will be a significant milestone and a target, it after all being a value which the company put on itself. For instance, during the last rally, the $0.52 will have been a target for a few, myself included. Of course, it will also be ideal, on paper, if it exceeds $0.52 since Carlyle will have more incentive to exercise (and sell if they deem so), giving China Fishery additional cash to work with. Carlyle can exercise now, but they will have to face their shareholders why they exercise at $0.52 if they can buy at $0.39 on the market. After reading more on Carlyle, I somehow feel the warrant was to a certain extent a show of confidence. With the warrants, China Fishery can show to banks that they have the support of Carlyle Group behind them, which will somewhat give the banks more confidence to continue lending to China Fishery, even if the backing is intangible and not a guarantee they can get the money back for certain.Whether or not Carlyle choose to exercise is difficult to fathom for me, since the US$1 they paid can be wrote off easily, but the warrants also give them a chance to average down and/or increase their investment if they so desire to when the the share price exceeds $0.52 I've held China Fishery for a year now, bought before the rights issue. I believe that China Fishery has great potential and intend to remain invested beyond $0.52. That said, I'll still prefer to see my holdings valued at $0.52 then at $0.39!
Useful To Me  Not Useful To Me
CWC*** Member	21-Mar-2014 14:31        CWC*** About Contact  Quote this Post!
x 0   x 0  Alert Admin	Cheong arh !!!!........500 lots !!???......BBs on the way.???
Useful To Me  Not Useful To Me
CWC*** Member	21-Mar-2014 14:29        CWC*** About Contact  Quote this Post!
x 0   x 0  Alert Admin	Who say Carlyle can exercise the warrants now!!??...... Skylinr      ( Date: 21-Mar-2014 14:21) Posted: Just my view. For me, the $0.52 is less of whether Carlyle Group will exercise, but rather a benchmark. If good news regarding the refinance and integration come out, I believe the $0.52 will be a significant milestone and a target, it after all being a value which the company put on itself. For instance, during the last rally, the $0.52 will have been a target for a few, myself included. Of course, it will also be ideal, on paper, if it exceeds $0.52 since Carlyle will have more incentive to exercise (and sell if they deem so), giving China Fishery additional cash to work with. Carlyle can exercise now, but they will have to face their shareholders why they exercise at $0.52 if they can buy at $0.39 on the market. After reading more on Carlyle, I somehow feel the warrant was to a certain extent a show of confidence. With the warrants, China Fishery can show to banks that they have the support of Carlyle Group behind them, which will somewhat give the banks more confidence to continue lending to China Fishery, even if the backing is intangible and not a guarantee they can get the money back for certain.Whether or not Carlyle choose to exercise is difficult to fathom for me, since the US$1 they paid can be wrote off easily, but the warrants also give them a chance to average down and/or increase their investment if they so desire to when the the share price exceeds $0.52 I've held China Fishery for a year now, bought before the rights issue. I believe that China Fishery has great potential and intend to remain invested beyond $0.52. That said, I'll still prefer to see my holdings valued at $0.52 then at $0.39!
Useful To Me  Not Useful To Me
Skylinr Member	21-Mar-2014 14:21        Skylinr About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	Just my view. For me, the $0.52 is less of whether Carlyle Group will exercise, but rather a benchmark. If good news regarding the refinance and integration come out, I believe the $0.52 will be a significant milestone and a target, it after all being a value which the company put on itself. For instance, during the last rally, the $0.52 will have been a target for a few, myself included. Of course, it will also be ideal, on paper, if it exceeds $0.52 since Carlyle will have more incentive to exercise (and sell if they deem so), giving China Fishery additional cash to work with. Carlyle can exercise now, but they will have to face their shareholders why they exercise at $0.52 if they can buy at $0.39 on the market. After reading more on Carlyle, I somehow feel the warrant was to a certain extent a show of confidence. With the warrants, China Fishery can show to banks that they have the support of Carlyle Group behind them, which will somewhat give the banks more confidence to continue lending to China Fishery, even if the backing is intangible and not a guarantee they can get the money back for certain.Whether or not Carlyle choose to exercise is difficult to fathom for me, since the US$1 they paid can be wrote off easily, but the warrants also give them a chance to average down and/or increase their investment if they so desire to when the the share price exceeds $0.52 I've held China Fishery for a year now, bought before the rights issue. I believe that China Fishery has great potential and intend to remain invested beyond $0.52. That said, I'll still prefer to see my holdings valued at $0.52 then at $0.39!
Useful To Me  Not Useful To Me
CWC*** Member	21-Mar-2014 13:10        CWC*** About Contact  Quote this Post!
x 0   x 0  Alert Admin	Update so many time liao pls forget about the warrants...... this warrants is so called ang bao from CF to Carlye as a hardcore supporters.......
Useful To Me  Not Useful To Me
Leongsan Senior	21-Mar-2014 12:53        Leongsan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Why will Carlye exercise at 52cents. They got it and can exercise any time. Long term investors hold weak holders run. Carlye has also big investment in CP. Skylinr      ( Date: 21-Mar-2014 11:58) Posted: I see, didn't know that. Thanks for pointing out!  Waiting for refinancing announcement now, should be out soon, as they were aiming settling it by March. Hopefully the price will move up again then, better still if to the warrant exercise price of $0.52! newbie888      ( Date: 20-Mar-2014 23:25) Posted: not really compulsory... if China Fish is really v hard up on money, they still have the option to release a certain percentage of shares into the market. and remain listed....that will give them around 150million to spare... so this move may further shows that they are pretty confident in getting the loan done...cheers!
Useful To Me  Not Useful To Me
CWC*** Member	21-Mar-2014 12:04        CWC*** About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wow....only 26 lots done so far....all waiting to bot at high !!???.....
Useful To Me  Not Useful To Me
Skylinr Member	21-Mar-2014 11:58        Skylinr About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	I see, didn't know that. Thanks for pointing out!  Waiting for refinancing announcement now, should be out soon, as they were aiming settling it by March. Hopefully the price will move up again then, better still if to the warrant exercise price of $0.52! newbie888      ( Date: 20-Mar-2014 23:25) Posted: not really compulsory... if China Fish is really v hard up on money, they still have the option to release a certain percentage of shares into the market. and remain listed....that will give them around 150million to spare... so this move may further shows that they are pretty confident in getting the loan done...cheers!! Skylinr      ( Date: 20-Mar-2014 00:14) Posted: My understanding is that it is a compulsory acquisition as they already owned almost all of the shares. Give the remaining few shareholders an opportunity to liquidate their shares. So its more to meet their legal requirements. I believe they already took this into account when acquiring Copeinca, so nothing additional on their part. Liquidity wise, from what they announced, they seem very confident that they have the necessary financial backing. I think it was said somewhere where the refinancing isn't a problem since some of the banks providing the refinancing were also involved in the bridging loan also or something along that lines. China Fishery aside, our fellow investor Carlyle Group is quite an interesting company to read up on. Just for reading purposes for those who haven't  All the best to all vested!
Useful To Me  Not Useful To Me
CWC*** Member	21-Mar-2014 01:32        CWC*** About Contact  Quote this Post!
x 0   x 0  Alert Admin	Add 100 lots to ave down......Ka ka hoot arh.......
Useful To Me  Not Useful To Me
newbie888 Veteran	20-Mar-2014 23:25        newbie888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	not really compulsory... if China Fish is really v hard up on money, they still have the option to release a certain percentage of shares into the market. and remain listed....that will give them around 150million to spare... so this move may further shows that they are pretty confident in getting the loan done...cheers!! Skylinr      ( Date: 20-Mar-2014 00:14) Posted: My understanding is that it is a compulsory acquisition as they already owned almost all of the shares. Give the remaining few shareholders an opportunity to liquidate their shares. So its more to meet their legal requirements. I believe they already took this into account when acquiring Copeinca, so nothing additional on their part. Liquidity wise, from what they announced, they seem very confident that they have the necessary financial backing. I think it was said somewhere where the refinancing isn't a problem since some of the banks providing the refinancing were also involved in the bridging loan also or something along that lines. China Fishery aside, our fellow investor Carlyle Group is quite an interesting company to read up on. Just for reading purposes for those who haven't  All the best to all vested!   newbie888      ( Date: 19-Mar-2014 22:58) Posted: does this goes to show that they are still financially sound
Useful To Me  Not Useful To Me
stockpicker Master	20-Mar-2014 11:06        stockpicker About Contact  Quote this Post!
x 0   x 0  Alert Admin	It is better for them to delist Copeninca because it is hardly traded in Oslo market and the price kept dropping since CF took over.. they might want to list in SGX.. LOL http://sg.finance.yahoo.com/echarts?s=COP.OL#symbol=COP.OL range=1y
Useful To Me  Not Useful To Me
Leongsan Senior	20-Mar-2014 10:27        Leongsan About Contact  Quote this Post!
x 0   x 1  Alert Admin	Tomorrow or next week the latest. The availabilty of bridging loans and the interest rate they charge will indicate how strong or good the deal is rated. Copeinca has approx US250 mil of bonds financincing at 9,75%' If they can refinance this also at a low rate say below 5%, then at least the Bankers are confident. Heard Citic, DBS Standchart HSBC and RubberBank are club members. The terms of the loans and the schedule will tell a lot . Sit upright for the ride. Weak holders bail out. This is a US$ 1plus stock, if you go by Carlye track record. SLPY69      ( Date: 20-Mar-2014 09:49) Posted: We are days away from the announcement ....  is a question of when they are going to announce it. " The company continues to generate cash flows and therefore it's less likely for the bridge-loan lenders to pull the  credit line  at this moment," Lim Su Aik, an analyst at Fitch, said in a Feb. 27 interview in Singapore.  Liquidity wise, from what they announced, they seem very confident that they have the necessary financial backing. I think it was said somewhere where the refinancing isn't a problem since some of the banks providing the refinancing were also involved in the bridging loan also or something along that lines. Saving grace for Olam is Temasek Holdings and for Greater China Fishery ..... Carlyle Group. Is there any wonder why all the Independent Directors defended Carlyle when the minority shareholders felt unfair that the warrants was awarded to them. I'm sure they have been contributing to the success of Copeinca's Acquisition. Just look at the price tag Fosun is willing to pay for a lesser company Diamante as compared to Copeinca. Skylinr has provided the link http://en.wikipedia.org/wiki/The_Carlyle_Group Sometimes the obvious is right in front of us, but we are always waiting for someone to take the plunge   ... According to reports, foreign funds are surging back into this region .... I am sure they will be looking for stocks that are attractive. Greater China Fishery is attractive and undervalued.    Cheers Skylinr      ( Date: 20-Mar-2014 00:14) Posted: My understanding is that it is a compulsory acquisition as they already owned almost all of the shares. Give the remaining few shareholders an opportunity to liquidate their shares. So its more to meet their legal requirements. I believe they already took this into account when acquiring Copeinca, so nothing additional on their part. Liquidity wise, from what they announced, they seem very confident that they have the necessary financial backing. I think it was said somewhere where the refinancing isn't a problem since some of the banks providing the refinancing were also involved in the bridging loan also or something along that lines. China Fishery aside, our fellow investor Carlyle Group is quite an interesting company to read up on. Just for reading purposes for those who haven't  All the best to all vested!
Useful To Me  Not Useful To Me

                                                         First   < Newer   1941-1960 of 3544   Older>   Last