| Latest Forum Topics / Mercurius Last:0.016 -- |
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MERCURIUS CAPITAL INVESTMENT
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noobnub
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03-Aug-2021 16:29
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nmv 3 bids nia tomorrow see got opp to short
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tofudidi
Supreme |
03-Aug-2021 16:26
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why cut bro? bb just entered
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noobnub
Supreme |
03-Aug-2021 16:25
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pour back out my container 58
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noobnub
Supreme |
03-Aug-2021 16:24
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cut all 58 lose 3 bids
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kktan13
Member |
03-Aug-2021 15:52
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here we go. sit tight! | ||||
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tofudidi
Supreme |
03-Aug-2021 15:52
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reversal play. good job to those that gotten cheap! tomorrow wll be a good show | ||||
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george78
Member |
03-Aug-2021 10:30
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Another Sheng SIong in the making! Hope they will declare stable dividends subsequently... | ||||
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newbie1118
Master |
02-Aug-2021 17:20
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The Acquisition will be satisfied entirely through the allotment and issuance of 200 million new ordinary shares in the capital of the Company (&ldquo Consideration Shares&rdquo ) at an agreed issue price of S$0.18 per Consideration Share. The share price is only S$0.057 now. How they come out with S$0.18 per share?  
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kktan13
Member |
02-Aug-2021 16:52
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if is via placement or rights issue... isnt it better that the share price is higher? 
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newbie1118
Master |
02-Aug-2021 16:41
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How they going to finance the buyout and to finance the expansion? Thru Placement shares or Right Issue?
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kktan13
Member |
02-Aug-2021 16:30
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i think that is why the acqusition of the super market chain is on point. it is mentioned in the company announcement that song mart as exisiting has 3.1million nett profit. 
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newbie1118
Master |
02-Aug-2021 16:18
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Is Mercurius finally on the right track by diversifying into grocery retailing?16 Jul 2021 09:00
By Raphael Lim SHARES of Mercurius Capital Investment have seen active trading since it announced a planned diversification into the grocery business and ambitions for a network of over 500 stores across the region. The proposed acquisition of a chain of grocery stores in Malaysia could provide some relief for the investment holding company, which currently focuses on property development and investment. The company has not generated any revenue in at least the past four years. In FY2020, it incurred a net loss of S$2 million. As at end-2020, it had net current liabilities of S$4.2 million. Its independent auditor' s report contained a disclaimer of opinion, with the auditors highlighting losses and liabilities that cast doubt on the group' s ability to continue as a going concern. |
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wiltay
Master |
02-Aug-2021 15:59
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Must see whether they can make profit over the new business. Now still too early to say.
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kktan13
Member |
02-Aug-2021 15:51
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durian season going to be over soon. this might be the end season lelong than no more. hopefully!
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lp2000
Elite |
02-Aug-2021 15:31
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why is this slipping down with all the good news about the grocery business?
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chewsw
Member |
02-Aug-2021 15:28
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Can just carry the whole durian tree away easier, else its massively dropping, very messy.
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tofudidi
Supreme |
02-Aug-2021 15:19
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need ask bb noobnoob bring his basket collect... maybe too much durian 
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Bull_Runner
Member |
02-Aug-2021 15:18
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I cut at 58 already. Gonna switch counter. No eye see for now. Sad.....
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chewsw
Member |
02-Aug-2021 14:28
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Regardless, Msia is so big, you will need the physical stores to be near to each district such that the delivery platform can carry out efficiently. For such a big country, it does not make any cow sense to deliver from just one HQ. So 500 stores will make monies from both physcial walk in & online orders. Moreover with MCO, only grocery stores are allowed to open, so unlikely this investment is a wrong one.
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kktan13
Member |
02-Aug-2021 11:20
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https://www.google.com/search?q=song+mart& rlz=1C1CHBF_enSG832SG832& sxsrf=ALeKk02230H3LO3YzmuC5BZcI7Z9MzEH4w:1627874119781& source=lnms& tbm=isch& sa=X& ved=2ahUKEwiPxZfVr5HyAhUTgtgFHQ-sD6QQ_AUoAnoECAIQBA& biw=1369& bih=734& dpr=2 i googled song mart... their 12 mini mart as stated in the news looks bigger than our sheng shiong outlet....  |
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