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Ryuuenji Elite	13-Sep-2024 12:56        Ryuuenji About Contact  Quote this Post!
x 0   x 0  Alert Admin	Another mega counter?
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jamesng Master	22-Nov-2020 08:30        jamesng About Contact  Quote this Post!
x 0   x 0  Alert Admin	finally somethings positive and got chance significant......
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Isolator Supreme	21-Nov-2020 23:53        Isolator About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Hmmm...
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Keepfaith2018 Member	03-Jul-2020 15:58        Keepfaith2018 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just wondering if there are any updates from the recent AGM?
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qwertyuiop00 Veteran	05-Jun-2020 16:43        qwertyuiop00 About Contact  Quote this Post!
x 0   x 0  Alert Admin	probably weeding out the contra players.. price and volume looks good past 2 days, as low vol on down days means no selling pressure.. though i could be wrong too commando      ( Date: 03-Jun-2020 19:35) Posted: Price stagnant....no power qwertyuiop00      ( Date: 03-Jun-2020 11:25) Posted: Good that the management is finally doing something to unlock value for the long-suffering shareholders. Price is super depressed even after so many contract wins the past 2 years.
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commando Master	03-Jun-2020 19:35        commando About Contact  Quote this Post!
x 0   x 0  Alert Admin	Price stagnant....no power qwertyuiop00      ( Date: 03-Jun-2020 11:25) Posted: Good that the management is finally doing something to unlock value for the long-suffering shareholders. Price is super depressed even after so many contract wins the past 2 years.
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qwertyuiop00 Veteran	03-Jun-2020 11:25        qwertyuiop00 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Good that the management is finally doing something to unlock value for the long-suffering shareholders. Price is super depressed even after so many contract wins the past 2 years.
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commando Master	03-Jun-2020 09:38        commando About Contact  Quote this Post!
x 0   x 0  Alert Admin	U sure ? Haha vol.too thin ba machidrain      ( Date: 03-Jun-2020 09:29) Posted: lai lai. up another 100% today.
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machidrain Veteran	03-Jun-2020 09:29        machidrain About Contact  Quote this Post!
x 0   x 0  Alert Admin	lai lai. up another 100% today.
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machidrain Veteran	03-Jun-2020 09:16        machidrain About Contact  Quote this Post!
x 0   x 0  Alert Admin	afterward coming very fast commando      ( Date: 03-Jun-2020 09:08) Posted: No power leh...haha machidrain      ( Date: 03-Jun-2020 09:05) Posted: gogogo 0.15 today
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commando Master	03-Jun-2020 09:08        commando About Contact  Quote this Post!
x 0   x 0  Alert Admin	No power leh...haha machidrain      ( Date: 03-Jun-2020 09:05) Posted: gogogo 0.15 today
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machidrain Veteran	03-Jun-2020 09:05        machidrain About Contact  Quote this Post!
x 0   x 0  Alert Admin	gogogo 0.15 today
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matrixxx Senior	03-Jun-2020 08:24        matrixxx About Contact  Quote this Post!
x 0   x 0  Alert Admin	20 cents in sight, but need to clear 15 cents hurdle
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SmallSmall Supreme	03-Jun-2020 06:01        SmallSmall About Contact  Quote this Post!
x 0   x 0  Alert Admin	Acquirer is Shenzhen-listed Shandong Listco (Shandong Hi-Speed?s sole shareholder) which has a market capitalisation of approximately RMB 5.24 billion as at 31 December 2019 and it is majority-owned by a wholly-state-owned enterprise in the PRC, hence Ranken Railway will become an indirect and partial SOE and it will be able to tender for key infrastructure projects in the PRC which require contractors or vendors to be state-owned. And Sapphire will still hold 48% of Ranken Railway! So you can imagine how they order books are going to swell with Shandong Hi-Speed Road and Bridge?s involvement. This deal is not a one off sale. Sapphire gets to collect S$70 mil cash in total and a new God Father to bring in the big contracts ! matrixxx      ( Date: 03-Jun-2020 05:12) Posted: Base on past previous chart. Target 20 cerns is not a problem Huat ah
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matrixxx Senior	03-Jun-2020 05:12        matrixxx About Contact  Quote this Post!
x 0   x 0  Alert Admin	Base on past previous chart. Target 20 cerns is not a problem Huat ah
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johnng Supreme	02-Jun-2020 20:40        johnng About Contact  Quote this Post!
x 0   x 0  Alert Admin	memories of midas reminded...
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machidrain Veteran	02-Jun-2020 19:46        machidrain About Contact  Quote this Post!
x 0   x 0  Alert Admin	tomorrow continue to cheong.
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Newkid93 Member	02-Jun-2020 15:44        Newkid93 About Contact  Quote this Post!
x 0   x 0  Alert Admin	100% gain.. Vertical rebound !  SmallSmall      ( Date: 02-Jun-2020 15:39) Posted: SmallSmall      ( Date: 02-Jun-2020 13:58) Posted: The net proceeds from the Proposed Transaction, after deducting all costs and expenses, is estimated to be approximately RMB 257,048,000. The net proceeds are intended to be used by the Group for any or all of the following purposes as determined by the Directors: (a) investments into infrastructure and water and environmental conservation (WEM) projects and transit-oriented development (TOD) projects, as and when opportunities arise (b) purchase of construction equipment by SYE for its leasing business (c) expansion of the building estate management (&ldquo BEM&rdquo ) business of CJPS, including investments into other companies undertaking the BEM business or by increasing the headcount of CJPS (d) contributions to Ranken Railway&rsquo s capital (whether by way of equity or debt) as required by Ranken Railway (e) contingency for reimbursement of any losses during the Audit Period as described in paragraph 3.3 &ldquo Salient terms of the Proposed Transaction &ndash Reimbursement of losses during the Audit Period&rdquo above and reimbursement of outstanding accounts receivables of Ranken Railway as described in paragraph 3.3 &ldquo Salient terms of the Proposed Transaction &ndash Guarantee of accounts receivables&rdquo above and (f) general corporate purposes including general working capital, financing of new business ventures through acquisitions and/or strategic investments as and when opportunities arise, and share buy-back exercises and dvidend distributions to Shareholders
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SmallSmall Supreme	02-Jun-2020 15:39        SmallSmall About Contact  Quote this Post!
x 0   x 0  Alert Admin	SmallSmall      ( Date: 02-Jun-2020 13:58) Posted: The net proceeds from the Proposed Transaction, after deducting all costs and expenses, is estimated to be approximately RMB 257,048,000. The net proceeds are intended to be used by the Group for any or all of the following purposes as determined by the Directors: (a) investments into infrastructure and water and environmental conservation (WEM) projects and transit-oriented development (TOD) projects, as and when opportunities arise (b) purchase of construction equipment by SYE for its leasing business (c) expansion of the building estate management (&ldquo BEM&rdquo ) business of CJPS, including investments into other companies undertaking the BEM business or by increasing the headcount of CJPS (d) contributions to Ranken Railway&rsquo s capital (whether by way of equity or debt) as required by Ranken Railway (e) contingency for reimbursement of any losses during the Audit Period as described in paragraph 3.3 &ldquo Salient terms of the Proposed Transaction &ndash Reimbursement of losses during the Audit Period&rdquo above and reimbursement of outstanding accounts receivables of Ranken Railway as described in paragraph 3.3 &ldquo Salient terms of the Proposed Transaction &ndash Guarantee of accounts receivables&rdquo above and (f) general corporate purposes including general working capital, financing of new business ventures through acquisitions and/or strategic investments as and when opportunities arise, and share buy-back exercises and dvidend distributions to Shareholders SmallSmall      ( Date: 02-Jun-2020 13:55) Posted: This deal is massive and it is massively positive for Sapphire. They will collect a total of RM 355.7 mil in cash which is about S$70.2 mil in Sing $. That would translate to a cash per share of $0.1722. Hopefully they can delcare a dividend to reward the shareholders. In addition they will still retain 48.82% of Ranken Railway which by then would be part of a    wholly-state-owned enterprise ! Buy some to hold for the plays expected over the next few days. :) Press Release today: Sapphire to Strategically Divest 43.87% Equity Stake of its Subsidiary, Ranken Railway, for a Cash Consideration of  RMB 280 Million  To Retain 48.82% Effective Interest in Ranken Railway after Divestment  With Ranken Railway& rsquo s (excluding the carved-out assets) transaction valuation of approximately RMB 638.2 million, Shandong Hi-Speed will purchase a 43.87% equity stake from Sapphire for RMB 280 million and subscribe for more shares in Ranken Railway, amounting to approximately 10.6% of the enlarged equity capital post-proposed transactions, for approximately  RMB 75.7 million   Shenzhen-listed Shandong Listco (Shandong Hi-Speed& rsquo s sole shareholder) has a market capitalisation of approximately RMB 5.24 billion as at 31 December 2019 and it is majority-owned by a ewholly-state-owned enterpris  in the PRC, hence Ranken Railway will become an indirect and partial SOE and it will be able to tender for key infrastructure projects in the PRC which require contractors or vendors to be state-owned  Upon the completion of the proposed transactions, Sapphire will retain 48.82% effective interest of Ranken Railway  The total consideration is 314% of Company& rsquo market capitalisation based on the closing price of the shares of the trading day prior to the date of this announcement From a financial perspective, the proposed transactions has positive financial effects on the Group and in particular, the Group&rsquo s net tangible assets (&ldquo NTA&rdquo ) per share will increase from RMB cents 131.82 to RMB cents 155.51  (NTA in S$ $0.307) (where retained interest in Ranken Railway is measured at fair value), and which the NTA of RMB cents 155.51 represents more than 5.6 times the closing price of the shares of the trading day prior to the date of this announcement and (ii) a gain of approximately RMB 58 million (where retained interest in Ranken Railway is measured at fair value)
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SmallSmall Supreme	02-Jun-2020 14:47        SmallSmall About Contact  Quote this Post!
x 0   x 0  Alert Admin	$0.11. More to come. Short sellers only beginning to sweat a bit.
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