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United Engineers
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FaceTheFact
Member |
05-Aug-2017 10:35
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Oxley has indicated in the same announcement it would NOT be a takeover! | ||||
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FaceTheFact
Member |
05-Aug-2017 10:35
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Oxley has indicated in the same announcement it would NOT be a takeover! | ||||
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junction
Master |
05-Aug-2017 10:24
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Offer from Oxley?   Unlikely as its gearing would scare the lenders.
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TigTig
Master |
04-Aug-2017 21:31
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Thought I saw in the SGX filing that Oxley bought at $2.65.   Looks like it' s gonna be a takeover battle shaping up.     | ||||
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lausk22
Veteran |
04-Aug-2017 10:42
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Agree. Deja vu, Oi C Bui C did it again like they did to F& N.  
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not_98percent
Senior |
04-Aug-2017 10:13
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Natural justice ...... how can small guys/minority be just steam-rolled-over!! Makes some folks (the old-boys club) looks silly once again ....... and makes you as a investor as to how they run businesses ..... sigh The profile/composition of the offerors is obvious as to their end-game for UE ......... split the spoil eventually ............. and it will not be that easy (and though GSS is here but out of fashion ..... so it will not be cheap). Hope another party/parties emerge ....... to let the show get more interesting and exciting. |
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hfjdhy
Member |
04-Aug-2017 09:28
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7.11% and his Deputy Eric Lim 1.02% so total in concert is 8.13%. Another 1.87% will cross the 10% threshold. Get ready the pop corn....
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DinoBullBear
Member |
04-Aug-2017 09:03
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So Oxley is the BB, wonder how it translate to the market | ||||
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AttasBoss
Elite |
04-Aug-2017 08:50
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its the first time for oxley buying quoted shares and with such huge investment, short term trading is unlikely
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newbie86
Member |
04-Aug-2017 08:47
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Sorry 7.11%
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newbie86
Member |
04-Aug-2017 08:45
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Oxley revealed itself.. BB buying for the open market.. that constitutes 7.7% of UE's issued shares which is worth around 120 millions SGD. May not see much of connection yet. | ||||
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triphopper
Senior |
04-Aug-2017 08:27
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Oxley chief is the BB. First IHC, now UE!
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AttasBoss
Elite |
04-Aug-2017 08:22
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Very interesting...Oxley bought 45mil shares from open market for consideration of $120m, represent 7.11% of UE share cap. | ||||
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investshare
Supreme |
03-Aug-2017 21:02
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I admit that i didn't expect it to go above 2.7. Sold at 2.62. But i still expect it to go below 2.6 when the offer lapse. | ||||
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lglg666
Supreme |
03-Aug-2017 20:50
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Turned bullish again......Super tricky BB. Crap 💩
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DinoBullBear
Member |
03-Aug-2017 18:07
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Most likely got BB coming in to take stake. But again, the white knight may not wan to pay high price like 2.9x or 3. Even if they do, they can take their own sweet time. The noble 5% stake run up also took a while to buy in before the announcement. And that is ONLY if the knight keen for > 5%. If the BB stay @ 4.9%, then they will never be surface and punter could be stuck. Rowsley & other > 5% cases are announce thats why we know, there are many 4.9% stake which need not announce and we dont know. So my 2cts worth is.. be caution if betting on stake buy in.. the bull could turn out to be a bulldog only.. But again, for long time shareholder like us, it make no different  other than smiling at the 2.60 offer..
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tonylim
Master |
03-Aug-2017 17:23
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The offer at 2.60 will be a total failure.   It hit a high of 2.75 today !   Moving towards $3 ?
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DinoBullBear
Member |
03-Aug-2017 14:03
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Pump & Dump or Taking Stake? Only the later is a bit more beneficial to us being shareholders, it make the offer docu I just recieve look silly.. | ||||
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lglg666
Supreme |
03-Aug-2017 13:55
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Crap.....gone quiet again, very tricky BB.
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subaru
Senior |
03-Aug-2017 13:32
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UE company culture is do things very slowly, not efficient. I know this very well as I have  a share  in UE Square.   |
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