| Latest Forum Topics / Cacola |
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NoNameAtAll
Member |
28-Mar-2017 15:02
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Till now still no news. left 3 days |
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nakhoda
Member |
27-Mar-2017 12:01
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correct. so do expect the news later this week. i wont be surprise if company only provide the exit offer with only a couple of trading days left.
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Just4win
Supreme |
27-Mar-2017 11:51
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I thot SGX wants to delist this counter by end of this month. So mgmt will hv to submit proposal before then. Hence, co anytime now will probably release some update. Whatever, since Nav is greater than 0.001, I hope to see offer price is more than this. Else it wont be fair to current shareholders.  
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steven1976
Senior |
27-Mar-2017 10:45
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Still no update on whether approved by SGX to continue or exist offer |
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lingua101
Veteran |
21-Mar-2017 15:58
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wah SGX plays hard ball le.    no one want to buy this shares even at 0.1 cents.  I thought someone said good buy?   how about other china counter like china hongxin....   |
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nakhoda
Member |
21-Mar-2017 14:03
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appeal rejected last week. now mgmt in discussion with sgx on the next best move in the interest of shareholders.
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yagami
Senior |
21-Mar-2017 13:39
Yells: "Lets make money together from market :)" |
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I just hope exit offer is 0.002. By right it is not logical to give 0.001 exit offer. But if got 0.001 then I lose on commission only lor. No risk no gain
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Just4win
Supreme |
21-Mar-2017 13:05
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If it is 2 wks, then anytime now should due liao leh
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ysh2006
Supreme |
21-Mar-2017 11:36
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Appeal usually take two weeks for Sgx to decide and that is final...Sgx will ask them to calculate the amont and gather a meeting with share holders ?...to scold them..
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steven1976
Senior |
21-Mar-2017 11:26
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agree. LEt see how next week. Will be interesting |
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nakhoda
Member |
21-Mar-2017 11:22
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if i am the mgmt/bb, i will wait until there are at least 900mil shares on asking price. cos then i will have 51% of the company. but this scenario is only likely to happen in the last few trading days of the counter. so expect a lot of action next week.
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steven1976
Senior |
21-Mar-2017 11:19
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Then it is strange why people are selling.. Let see how is the situation. Soon to be announce |
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nakhoda
Member |
21-Mar-2017 11:14
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0.002
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steven1976
Senior |
21-Mar-2017 11:13
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what is 2p? |
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nakhoda
Member |
21-Mar-2017 11:13
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valid. according to FT cacola' s cashflow per share is 2.5p, while tangible book value is 3.9p. these figures are based on the most recent FY 2016 (unaudited). so i will not be surprised if the exit offer will be anywhere from 2p - 3.5p per share. having said that, anything can happen. coz the company will also look at selected closing price in the last 6 months.   indeed if i have cash, i will swallow whatever i can buy at 0.001.
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steven1976
Senior |
21-Mar-2017 10:55
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My thought is if the exit offer is better than 0.001, no one should be selling at 0.001 If i am the management, i will eat up all the 0.001, so that i can pay less number of shareholders Is my logic valid? |
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steven1976
Senior |
21-Mar-2017 10:29
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i thought they are doing good in China.   |
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buysellbuysell
Master |
21-Mar-2017 10:26
Yells: "someone please sell down low so that others can buy low" |
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Another annica lah. 400 million shares no takers.
This one even worse. Deals in Furniture some more. |
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nakhoda
Member |
21-Mar-2017 10:24
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more will try to dump as the deadline nears
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steven1976
Senior |
21-Mar-2017 10:18
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142M Sell Volume. Let still hope SGX give chance to a committed Management. |
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