| Latest Forum Topics / Vard |
 Post Reply
|
|
Vard Holdings
|
|||||
|
Fintrade
Member |
08-Mar-2017 10:17
|
||||
|
x 0
x 0 Alert Admin |
Can MVN block the deal? Let it float in market |
||||
| Useful To Me Not Useful To Me | |||||
|
razmy3
Member |
08-Mar-2017 10:13
|
||||
|
x 0
x 0 Alert Admin |
...might be down to accumulate..i guess |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
sheerluck
Supreme |
08-Mar-2017 09:47
Yells: "Work for your money first then let your money work for you" |
||||
|
x 0
x 0 Alert Admin |
Fincaniteri is playing hard ball with the market. The worse case is they forgo the privatisation. Judging from the market reaction to their latest announcement, I think the one that it might be MVN that is going to suffer in the end. |
||||
| Useful To Me Not Useful To Me | |||||
|
shadow
Veteran |
08-Mar-2017 09:29
|
||||
|
x 0
x 0 Alert Admin |
NO SELL.... fight till the end ! |
||||
| Useful To Me Not Useful To Me | |||||
|
sheerluck
Supreme |
08-Mar-2017 09:04
Yells: "Work for your money first then let your money work for you" |
||||
|
x 0
x 0 Alert Admin |
See if the Italian is playing mind game with the market. Maybe last minute declare new offer price. Who knows. If not, then they are going head on against MVN. Maybe they really ready to forgo the privatisation if cannot get 24cts and see if market really hold up the price. If so Fincaniteri gain from higher VARD share price. If not MVN kanna. So is either Fincaniteri wins or MVN lose. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
ZeroByDivide
Member |
08-Mar-2017 08:58
|
||||
|
x 0
x 0 Alert Admin |
If you want to cash out, selling to the market is so much more profitable
|
||||
| Useful To Me Not Useful To Me | |||||
|
Fintrade
Member |
08-Mar-2017 08:13
|
||||
|
x 0
x 0 Alert Admin |
Vard offer stays at 0.24. Selling? |
||||
| Useful To Me Not Useful To Me | |||||
|
tthsteve
Member |
07-Mar-2017 11:04
|
||||
|
x 0
x 0 Alert Admin |
Die die no sell !
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
pnuklis
Master |
06-Mar-2017 13:51
|
||||
|
x 0
x 0 Alert Admin |
Italians will have to raise their offer price, otherwise they cannot get the company off the sgx. |
||||
| Useful To Me Not Useful To Me | |||||
|
razmy3
Member |
06-Mar-2017 13:10
|
||||
|
x 0
x 0 Alert Admin |
...don' t think its going down any moment...as they have just secured another new contract...maybe can hit .30 before end Apr. |
||||
| Useful To Me Not Useful To Me | |||||
|
sheerluck
Supreme |
01-Mar-2017 09:36
Yells: "Work for your money first then let your money work for you" |
||||
|
x 0
x 0 Alert Admin |
VARD just reported another quarter of losses. No wonder Fincantieri happy-triggering extenion after extension. Very " 狠 " . Now they wait and see if Market will push down the share price to help them....but...but....only MVN is active now, isn' t it? |
||||
| Useful To Me Not Useful To Me | |||||
|
shadow
Veteran |
23-Feb-2017 16:35
|
||||
|
x 0
x 0 Alert Admin |
then Fincantieri has only MVN as a Private Equity in the new private company to deal with ... whether Fincanttieri want to totally buy them out again , all this will be undisclosed private interest , no one will bother anymore is a private company affair ! no need filing to exchange, no need answer to public shareholders whatever , is a private deal aftermath.. Why would MVN want to fight for all the small investors in this case? They would be in a better position to negotitate as a PE.... right?
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
shadow
Veteran |
23-Feb-2017 16:18
|
||||
|
x 0
x 0 Alert Admin |
You will never know what is up in MVN' s mind? They may decide to join Fincantieri later to ' combine' their total holding on hand for a compulsory takeover delisting later .. (can?) MVN can then be a private investor in the ' new' private company form with Fincantieri... This is similar to Biosensor takeover..
|
||||
| Useful To Me Not Useful To Me | |||||
|
shyeo1223
Master |
23-Feb-2017 16:11
|
||||
|
x 0
x 0 Alert Admin |
But by forcing people to sell in the open market, Fincantieri also cannot get the shares they want so what' s the point. |
||||
| Useful To Me Not Useful To Me | |||||
|
shadow
Veteran |
23-Feb-2017 16:00
|
||||
|
x 0
x 0 Alert Admin |
Sooner or later many will just surrender and throw in the towel. How long we have to wait with all the dirty tricks. Will give until next week to see Vard' s result to decide to join to offload.... |
||||
| Useful To Me Not Useful To Me | |||||
|
Dostalgia
Member |
23-Feb-2017 15:53
|
||||
|
x 0
x 0 Alert Admin |
decided not to wait, offloaded at 0.275... Thank you Vard for the ride! Hopefully Vard doesnt get delisted as it has lots of potential, and if it does get delisted, a raised offer!!! Good luck to all who are still vested! |
||||
| Useful To Me Not Useful To Me | |||||
|
Benjamin_29
Member |
22-Feb-2017 17:52
|
||||
|
x 0
x 0 Alert Admin |
Still holding and have not sold. Shall leave it to market to decide the outcome. But potentially Vard shd do well in long term to come |
||||
| Useful To Me Not Useful To Me | |||||
|
katak88
Master |
22-Feb-2017 17:18
|
||||
|
x 0
x 0 Alert Admin |
MVN Asset Management raises stake in Vard HoldingsWednesday, February 22, 2017 - 08:18 by CLAIRE HUANG
 LONDON-based MVN Asset Management has acquired a further 806,000 shares of Vard Holdings at S$0.27, boosting its stake in the Singapore-listed yard group to 6.0119 per cent. Vard on Wednesday said in a filing to the Singapore Exchange (SGX) that the purchase was made on Tuesday. MVN first emerged as a significant shareholder in Vard on Jan 18 after buying over 1.19 million shares, lifting its stake then to 5.0188 per cent. This fuelled speculation that the London-based asset management outfit could be interested either in driving up Italian shipbuilding group Fincantieri' s offer for Vard, or blocking the Italian group from delisting its yard subsidiary. Fincantieri, which owned 55.62 per cent of Vard, was set on delisting its Singapore-listed subsidiary with an offer of S$0.24 per share. |
||||
| Useful To Me Not Useful To Me | |||||
|
Holland
Member |
22-Feb-2017 09:22
|
||||
|
x 0
x 0 Alert Admin |
The good news is that MVN continues to buy whatever shares it can. Latest bought at $0.27 and it now owns more than 6% of VARD. We are either going to see a revised offer or the delisting bid will fail. I prefer the latter as this company is seriously undervalued (PB is 0.75) and analysts view is that NAV should be $0.36. It operates in a fairly niche market within the shipbuilding sector and I await the full year results on 1 March with real interest. Keep hold of your shares!! |
||||
| Useful To Me Not Useful To Me | |||||
|
Holland
Member |
17-Feb-2017 16:19
|
||||
|
x 0
x 0 Alert Admin |
I have written to MAS as it is their responsibility, not SGX, to ensure fair play in accordance with their Take-over Code.Relevant extract is posted below. Clearly Fincantieri is not conducting this attempted take-over in accordance with the Code: The Take-over Code seeks to ensure that take-overs and mergers are conducted in accordance with good business practice for the fair and equal treatment of all shareholders |
||||
| Useful To Me Not Useful To Me | |||||