| Latest Forum Topics / Thomson Medical Last:0.055 -- |
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SAMUDERA SHIPPING LINE LTD
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HappyBunny
Senior |
18-Mar-2021 17:13
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PL needs about $600mil to make his Vantage Bay Health City plans takeoff. Previously he thought can issue rights & warrants plus piggy back warrants to raise these $$$$. But after Mahathir came into power and everything was held back in Johor, the projected plans had to be held back. Consequently, those who had the warrants didn?t exercise it resulting in only about 380million piggy back warrants issued. These will raise only about $40 million in total if everyone exercises it by next year Apr.
So, what?s next? Placement Shares! Push up TM shares to 30 cents and invite some big funds to take up shares in TM at a discount, say 20 cents. The total number of shares will have a diluting effect definitely. But it also means PL?s share percentage will go down and he doesn?t have to make an offer to take TM private. And after this, TM will consolidate the shares , so that each share will be, $2.50 maybe. Just my thinking hor.
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easywin
Supreme |
18-Mar-2021 17:08
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Rotation play.
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tofudidi
Supreme |
18-Mar-2021 17:06
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How come ?
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Contratrader
Elite |
18-Mar-2021 17:06
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This one a bit tight...I prefer main dish..
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easywin
Supreme |
18-Mar-2021 16:57
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Tomorrow FJ Benjamin
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Contratrader
Elite |
18-Mar-2021 16:55
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Dont play play ah...catch shortists liao
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choong
Senior |
18-Mar-2021 16:55
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out at 119. huat ah | ||||
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easywin
Supreme |
18-Mar-2021 16:54
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Haha... Ah Lim go all out to above 120  | ||||
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Contratrader
Elite |
18-Mar-2021 16:54
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wow 118/119.. | ||||
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Contratrader
Elite |
18-Mar-2021 16:33
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short squeeze? back to 115/116 | ||||
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Wanderer_JCHP
Senior |
18-Mar-2021 15:53
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HappyBunny, what is a " placement exercise" ? Thanks.
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HappyBunny
Senior |
18-Mar-2021 15:51
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PL is not interested in the Warrants as these are piggy back warrants and he doesn?t hold any. Even if all are converted , TM will only raise about $40 million in proceeds. My gut feel is that PL wants to bring in some heavy weights thru placement exercise .. and probably wants the price to go up to 30 cents at least before making announcements.
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HappyBunny
Senior |
18-Mar-2021 12:48
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Conversion price of Warrant is 11c. They have $100 million in kitty plus other bank facilities to fund expansions ( mostly in JB - Vantage Bay). But this VB is scheduled for completion between 2026-2028.
By then, very likely Thomson would have done share consolidation as PL wants the big funds to come in and they will want to invest in companies that is above $1.
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ysh2006
Supreme |
18-Mar-2021 12:21
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But the wrt expiring in next years...unless need money to ask people to convert at 12c ?
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easywin
Supreme |
18-Mar-2021 12:15
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Today Ah Lim' s counters mostly looking well, but this Thomson is main focus the rest probably giving accumpanying run only as pushing up all is not easy.
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eric998
Supreme |
18-Mar-2021 12:10
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120 should not be a problem.. collected some below 110.. hope everyone huat..
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Contratrader
Elite |
18-Mar-2021 12:04
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sideways trading at 102-107 for v long...if can break 12c..will be good sign..
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easywin
Supreme |
18-Mar-2021 12:01
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This time Ah Lim seriously  pushing up liow | ||||
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Wanderer_JCHP
Senior |
18-Mar-2021 11:58
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Is 0.17 coming? (:
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Contratrader
Elite |
18-Mar-2021 11:56
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Good...all waking up ..hopefully this is the beginning af the new wave... | ||||
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