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Loyz Energy - Brewing ?
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Shifu8888
Supreme |
20-Oct-2017 07:14
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That?s why his name is ?劫 匪 ? (Jeffrey)- 人 如 其 名
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tchoonw
Master |
20-Oct-2017 05:57
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The young ceo is drawing a salary of aound 850k a year. Without the $ from right issues, how to keep on substain his package?
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Shifu8888
Supreme |
19-Oct-2017 16:50
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Come to think of it... if the rights are so good. Why must they back up with a list of stand by shareholders? If so good, Existing shareholders such as Rex, SSC and LL should subscribe and then the balance unpick up rights will not be so much right? If not so much, B.B. will not fry. No incentive to do so. Hence it?s a zero sum game.
Next, if u see their annual report, this hairman is also director of fortune short Long fund. Then u Google and will find the name of this gentleman called Tan Sze sing linked to this fund. He is also TOP shareholder. All kaki I think. All so funny... lol... Anyway, got to report cad to ask them check if they breach Any securities future act or not. So fishy. For me. Will be there next week.
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dav781
Senior |
19-Oct-2017 16:07
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Yes, I think so. Also, for rights issue, better to have irrevocable unwritting than not -- shows investors' confidence. Let' s see how this share price moves these few days. I am excited :-)
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Shifu8888
Supreme |
19-Oct-2017 15:31
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U think so? I hope so. Anyway thanks for the homework done. All the best.
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dav781
Senior |
19-Oct-2017 13:37
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Did some homework. The people who would be underwriting the rights issue: 1. Cheong Weixong -- Group Chief Executive Officer and Director of Sinjia Land Limited  2. Koh Wee Seng -- CEO of Aspial  3. Low Chui Heng -- Managing Director & Director at Hong Hock Hardware Pte Ltd  4. Wong Yat Foo -- Partner of Loyz for the investment JV. Investment veteran  5. Lim Chye Huat Bobby -- Former Executive Director at Tai Sin Electric Ltd  6. Lim Tiong Kheng Steven -- veteran millionaire investor The list looks good :-) |
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dav781
Senior |
19-Oct-2017 13:21
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With irrevocable undertaking, the share price would not fall below 0.9 cents. Now trading at 1.1/1.2 cents, there is definitely more upside to downside. One key line from the recent announcement -- For the avoidance of doubt, some of the Undertaking Persons do not hold Shares as at the date of this Announcement, and pursuant to the Irrevocable Undertakings, will become Shareholders at or prior to the Books Closure Date. Means some of them have to buy soon -- share price would be pushed up! As long as you are not buying on contra and have the extra cash to subscribe to the rights, Loyz looks good!! |
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Shifu8888
Supreme |
19-Oct-2017 10:10
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So 0.5 cents XR is becoming even more plausible now.
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gravity8888
Supreme |
19-Oct-2017 09:42
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Ya conned couNter.. Just wait for it to fall ba | ||||
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acetron
Member |
19-Oct-2017 09:30
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now better don' t chase the price , if interested, just buy a small quantiy and whack on the right issue at $0.009 | ||||
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Shifu8888
Supreme |
19-Oct-2017 09:29
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The B.B. chief name is in the top 10 shareholder list. All in ?cahoots.? Be careful.
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ifallgoeswell
Senior |
19-Oct-2017 09:17
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Bro how you arrive at $0.006.. after 3% comms should be $0.0087 no? But i get your point and agree there is something about these bunch.
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Shifu8888
Supreme |
19-Oct-2017 09:12
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Smart. Subscribe 555m at 0.9cents, get ?rebate? of $150k. Cost is only $0.006. Sure Win. Robber, right? Where is CAD?
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acetron
Member |
19-Oct-2017 09:06
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Directors not underwritting the rights issues, new shareholders are giving underwritting to fully subscribe.....got 3% commission somemore,  interesting... | ||||
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ifallgoeswell
Senior |
19-Oct-2017 08:47
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I didn't say it was good bro, i said they are brave so let them have it. Not encouraging anyone to participate it this. | ||||
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Shifu8888
Supreme |
19-Oct-2017 08:42
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Sure?
Firstly, boss name initial is the new company name they propose. It?s clear now. Collectively we xcel is just a smokescreen. B.B. identities are also exposed now. All linked to B.B.. now prepared that sub shareholders such as Rex, SSC and LL not picking up rights. If allowed this bunch of B.B. to collect at 0.9 cents, this will greatly benefit them. If I were Rex, SSC LL, I will dump it after they paid at 0.9 so that price will collapse to 0.5. On the other hand, they should also subscribe the rights to prevent rights shares fall in their hands. If the latter happens,the Mother shares will not cross 1.5 as it means they will have fast profit to dump. A third out of box angle is that someone needs to report this to CAD for corporate manipulation and cahoots. Insiders working with external B.B. My views. Stay out.
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ifallgoeswell
Senior |
19-Oct-2017 08:39
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Chairman and his friends so brave ah, providing irrevocable undertakings for rights n excess rights. Let them have it then! | ||||
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Shifu8888
Supreme |
18-Oct-2017 13:47
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Nothin new to me. I was lambasted in rpg forum last year for saying this rpg will go bust and if ever hit 6 cents I will strip naked and run round sgx. Where is rpg and its forum now? Well, same here, some subjective-minded adopted same method. Let?s see. Loyz is the last one standing from the Lee family, I think. Nothing against them. Let?s see how Long this will stand. If I am running the show, I will not do a rights, new shares will be better. Placing it to reputables make more sense, follow by cost cutting and focus on core competence. Yes. All these from me an anal list. No problem. Let?s see. All the best. | ||||
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bernardc
Elite |
18-Oct-2017 09:46
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you believe?? big bad wolf scaring people as usual.. n mind u..big bad wolf bought this lousy coy...n predicted it  to go down to .005 aftrer xd.. .because he has so much time/money he wanted to attend agm.. what a anal list
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vivacious
Supreme |
18-Oct-2017 09:31
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0.005 really coming? | ||||
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