| Latest Forum Topics / Neptune Orient L Rg |
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CICT - New Directions Together
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lglg666
Supreme |
08-Dec-2015 09:06
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Dumping by the contra players and those disappointed shareholders. Me incl lol.
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HazardKoh
Master |
08-Dec-2015 09:05
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ok la.. buy now at $1.23, can earn 7 cents which is around 5.5% yield. better than fixed deposit but not much meat left liao  
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dingbat
Veteran |
08-Dec-2015 09:04
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Dumping or shorting? Mkt spitting at the sale price and the wait... |
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gsasgx
Member |
08-Dec-2015 09:04
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good bye NOL .... thanks for coffee $$$...
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HazardKoh
Master |
08-Dec-2015 09:03
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I think they cannot scoop becos they sign the deal so they will have to satisfy all the preconditions before offering to buy over from the rest of the shareholders in June 2016..
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makdatok
Supreme |
08-Dec-2015 09:03
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Shorties r in a panic mode...they shorted since below $1 n now wondering how much their loss..how to bring px down?...they hardly can...hiak3 | ||||
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tchoonw
Master |
08-Dec-2015 09:02
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CMA will scopping as much as possible to save $$$
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AndyLoss
Master |
08-Dec-2015 09:02
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u r right...we r stuck for another 6 months..:) oprn price is 1.23
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HazardKoh
Master |
08-Dec-2015 09:01
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Told u already. Now trading at $1.225 Dun understand why u keep shouting $1.30
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HazardKoh
Master |
08-Dec-2015 09:00
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They cannot .. becos they can only do so in June 2016 when it becomes UNCONDITIONAL. SIA buying over tigerair is different becos SIA is buying DIRECTLY from all the shareholders while CMA is buying over from TEMASEK and then rest of shareholders in June 2016
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HazardKoh
Master |
08-Dec-2015 08:58
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Quote: SINGAPORE: Flagship carrier Singapore Airlines (SIA) said on Friday (Nov 6) that it has launched a takeover offer for budget airline Tiger Airways. SIA is currently Tigerair&rsquo s largest shareholder with a stake of 55.8 per cent. The intention is to delist and privatise the budget airline through the offer, SIA said. It is offering shareholders of Tigerair S$0.41 in cash per share, a premium of 32 per cent from the budget airline' s last traded price of S$0.31 on Thursday. Tigerair shareholders will also get the option to subscribe for SIA shares at S$11.1043 per share. SIA shares closed at S$11.15 on Thursday.    Tigerair is buying DIRECTLY from shareholders while CMA is buying over TEMASEK shares in NOL. There is a difference. So for other shareholders of NOL, u will have to wait till June 2016 before the offer is extended to ALL shareholders lo.. there is a difference. That is my understanding. I may be wrong  
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Fangqq
Member |
08-Dec-2015 08:55
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If CMA accumulating NOL share from the open market, then share price should be close to $1.30
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Demostation
Supreme |
08-Dec-2015 08:54
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Always must beware of any trap...
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HazardKoh
Master |
08-Dec-2015 08:54
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Yes, u can buy now and wait for 6 mths. There are a few possibilities 1) 10% chance:  Another bidder comes in to counter bid = huat  = looking at $1.50 2) 10% chance: The Deal hits obstacle , maybe some regulatory objection encounter, so deal off = Gone case = looking at below $1 3) 80% chance: Deal is on, so becomes unconditional in June 2016 = $1.30 U will have to account for opportunity costs becos u will have to buy now and hold on for at least half a year. Cheers. Not vested, just my analysis
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AndyLoss
Master |
08-Dec-2015 08:51
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but tigerair offer was also conditional, then why were wew able to sell at the offer price of 0.41 in the open market ?
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tchoonw
Master |
08-Dec-2015 08:49
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then buy and accept the offer...who knows another contender will be bidding higher...
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HazardKoh
Master |
08-Dec-2015 08:46
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There is NO WAY $1.30, the price will trade from $1.15 to $1.26 for the next 6 mths. I wonder why so some ppl keep shouting $1.30 where is close to impossible for a CONDITIONAL offer. $1.30 is only possible for UNCONDITIONAL offer
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HazardKoh
Master |
08-Dec-2015 08:43
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I told u already.. u cannot get $1.30.. U will be lucky even to get $1.25..  
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Fangqq
Member |
08-Dec-2015 08:43
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If CMA accumulating, the it should be $1.30
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tchoonw
Master |
08-Dec-2015 08:42
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good for hungry predators...
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