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Global Logistic
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anthonykwong
Supreme |
02-Dec-2016 10:55
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agreed la... but i have done so much homework..... CEO in shanghai top guys groomed in shanghai.... heart know stomach understand
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jeremyow
Master |
02-Dec-2016 10:50
Yells: "Passionate business investor" |
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Haha! If dun think much, then it is much like gambling, taking a bet without knowing what one is in for! Many people have paid the price and got burnt in the stock market for not thinking much and only betting on news and noises which may not always be trustworthy. I take my own experience as an example. Not to boast here. But I have made consistent returns (without any loss in buying and selling any shares at the moment) and grown my investment portfolio size over a good period of time through making wise investment decisions. These decisions are carried out not by my own emotions or sentiments but based on careful thinking and analysis. Not to say that one must think until the head break or suffer damage, then can start investing. But a reasonable amount of due diligence still needs to be done in order to make prudent investment decisions. Each person may operate differently and I cannot insist (or force) another to follow my way. But my way of operation has worked for me so far so I am sharing what I think upon the current take over proposition. I am not insisting one must follow what I have shared. As always, pls dyodd and form one' s own independent opinion and investment decisions. 
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anthonykwong
Supreme |
02-Dec-2016 10:39
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i promote this stock a lot, some even question i question GIC not forthcoming something like that it shows i am right afterall ....GIC GLP denies on 2 Nov, now admit a bit   United Engineers next, dont say i dont give tips 
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amandayoung
Elite |
02-Dec-2016 10:37
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anthonykwong
Supreme |
02-Dec-2016 10:36
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think here think there , better dont invest  note : this is NOT those penny stock, it will not dive to $0.001  so upsides % a lot more than downsides  i bought a bit at 2.03, now adding more with GIC announcement 
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anthonykwong
Supreme |
02-Dec-2016 10:31
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when volume hit 60 mil today, kaboom to 2.28 |
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jeremyow
Master |
02-Dec-2016 10:31
Yells: "Passionate business investor" |
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http://www.bloomberg.com/news/articles/2016-11-02/cic-group-said-to-weigh-bid-for-6-billion-warehouse-owner-glp I did a rough calculation of the enterprise value per share for GLP and it is around $3.76. This means the consortium of Chinese buyers or any other suitors for a potential take over need to pay around $3.76 to acquire GLP for its true business value. Of course, a suitor may choose to bid lesser or higher to acquire GLP. Based on GLP' s business performance so far, it is reasonably good. It enjoys high gross (around 80%) and EBITDA (around 60%) margins. Debt/ equity ratio is healthy at 36.8%. It still continues to make reasonable good revenue and net income growths y-o-y considering it is a fairly large business owning and controlling close to around SGD 30 billion of assets. So, their business model is probably sustainable and should continue to drive further consistent growths in revenues and earnings going forward. With such an attractive proposition plus yesterday' s announcement by GLP, there is definitely a basis to speculate that a take over may happen in future as the company is currently doing strategic reviews of its business. However having said that, one must also factor in a chance that a take over may not materialise in future since nothing is confirmed at the moment. GIC our sovereign wealth fund which has a substiantial stake in GLP could reject a possible take over if they see that it is not a worthy transaction to sell GLP' s business yet. The potential suitors could also change their mind if discussions on the take over price, terms and conditions are not to their liking.  Unless there is further announcement of confirmation that a take over is going to happen, nothing is really confirmed yet. However, if one waits until confirmation news arrive, it may be too late to buy the shares of GLP since the shares would have already trade at a higher premium than now.  Questions to ask here? 1. How likely is a take over going to happen in future? 2. When is it likely to happen? Few months, one year or more than one year down the road? 3. What kind of price would be offered for a potential take over? At $3.76 per share (enterprise value per share). Less than $3.76 or more than that? 4. If one buys shares of GLP at current price of $2.20, is it considered overpaying too much premium for a not confirmed news of take over? Or is it still attractive to buy GLP shares at $2.20 based on its current business fundamentals and also fair valuation in the event the take over does not materialise in future?       As always, pls DYODD.
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amandayoung
Elite |
02-Dec-2016 10:28
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what ??
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Qanghoo
Supreme |
02-Dec-2016 10:23
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Mirror image appearing?
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amandayoung
Elite |
02-Dec-2016 10:20
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why u so hate anthony ?
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Qanghoo
Supreme |
02-Dec-2016 10:13
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Crack pot, no need for u to keep removing ur pants to fart.  I' ve already unearthed so many examples here to show that u are  nothing but  a valueless hallucinating thread hogger n spammer.  Please stop it cos u r such a pain to so many.
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FATABA
Supreme |
02-Dec-2016 10:09
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HAHA....hope they give an angpow soon ....:)) Happy investing.
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amandayoung
Elite |
02-Dec-2016 10:09
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if have keen parties, less than a month
willing buyer willing seller if CIC fail, got rmb no strategic asset, sigh g rmb going depreciate big time soon |
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KiLrOy
Elite |
02-Dec-2016 10:08
Yells: "I buy only what I can see." |
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" wld GIC request this if nothing is worth it  " Thats one factor i still keep HALF. ~ hehe    
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FATABA
Supreme |
02-Dec-2016 10:05
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It wld not and shld not be 3 years.  NOTE. Morgan and 4 independent directors " special commitee" ......shld be aro 6 mths at most. Not cheap to enlist morgain for so long.  So I am relatively certain something is cooking. Further this is " request from GIC" not an iniitative by GLP ...." this is a VERY important statement....wld GIC request this if nothing is worth it ...LOL
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lglg666
Supreme |
02-Dec-2016 10:03
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Forever you are right becoz you are really have totally no integrity and mentally ill 😷
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FATABA
Supreme |
02-Dec-2016 10:01
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For those who have bot some today ...appreciate you can share the sellers. Mine are mainly from CIMB.  ( no big house from USA ) |
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lglg666
Supreme |
02-Dec-2016 10:00
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Hello Mr Roti Prata......shouting loudly that it could be a trap!!! Now.....change idea and promoting this. Bloody nonsense.....biggest farter too.
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anthonykwong
Supreme |
02-Dec-2016 09:51
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keyword : approaches to various parties to evaluate the viability of options various parties means very good ! | |||||||
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seanpent
Supreme |
02-Dec-2016 09:36
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thanks  for sharing
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