| Latest Forum Topics / Dyna-Mac |
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Dyna mac
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Eagle88
Supreme |
15-Oct-2024 14:57
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There can be another " Final Final Offer Price" by HW, if there' s or are other competitive offers !!! So dont take the Final Offer as really final !!!
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Eagle88
Supreme |
15-Oct-2024 14:54
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UOB wishes to announce, for and on behalf of the Offeror, that the Offeror is revising the Offer Price as follows: For each Offer Share: S$0.67 in cash (the " Final Offer Price" ). UOB wishes to announce, for and on behalf of the Offeror, that the Offeror does not intend to revise the Final Offer Price, save that the Offeror reserves the right to do so in a competitive situation. JUST IN CASE YOU HAVE MISSED OUT THIS PART !!! |
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Yanhuo
Member |
15-Oct-2024 14:53
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Looking back Friday reversal from 615 to 675....is now clear that it was triggered by news leak on HW sweetened offer of 670.    |
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bernardc
Elite |
15-Oct-2024 14:49
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Accept shares TO OFFER prior to X offer
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bernardc
Elite |
15-Oct-2024 14:42
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Expect the unexpected?? It happened here.
What kind of games. They are playing..
Just buy at discount to offer n accept offer prior to cd
it's not complicatrd
.
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s100125
Elite |
15-Oct-2024 14:31
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Hanwha stated that it has &ldquo no intention to increase or revise this improved offer&rdquo , meaning that this was the final opportunity for shareholders to realise their investment. | ||||
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Eagle88
Supreme |
15-Oct-2024 14:06
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Any potential offeror other than HW will have to show hand soon, else HW will be the winner once it has achieved 50.1% anytime between now and the closing of the offer period. 
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stlimst
Master |
15-Oct-2024 14:02
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That will be right. As far as Lim' s estate is concerned, converting the warrants without reducing their presesnt share holding will trigger a mandatory GO - this is something they want to avoid right now. So very likely the estate are selling some shares to pare down their holding then convert the warrants to mother share. This is what they have done the other day. Could explain the share price movement today. Looks like HW has definitely boosted their holding and might be able to secure the 50% withthe latest sweetened offer of $0.67. However, my take is that this may not be the end of it. Still have time to assess the situation. Good Luck!
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Eagle88
Supreme |
15-Oct-2024 13:56
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These shares sold below offer price of 670 are ANG POW given by Estate, pick as much as you want before all gone !!! 
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Eagle88
Supreme |
15-Oct-2024 13:55
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Very soon, 655 may be gone !!!
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Eagle88
Supreme |
15-Oct-2024 13:53
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Once 655 cleared, then it will be 660, then 665 and then 670 !!! May go beyond 670 if the wild card or joker appears !!! LOL | ||||
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Eagle88
Supreme |
15-Oct-2024 13:49
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Agree. Estate didnt say they are not going to make any offer. Just that due to technicallity of the share holding and SGX rules, they have to reduce their share holding a bit in order to convert the warrants to be mother shares and still meeting the SGX rules. 
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Eagle88
Supreme |
15-Oct-2024 13:45
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Estate may choose MS if any offer by MS is much better than HW !!! Retail investors may get higher premium for exiting if wanted even though retailers may not have much say in deciding who eventually gives the BEST OFFER PRICE !!! 
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Giant8888
Senior |
15-Oct-2024 13:43
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I interpret differently. They want to exercise warrants which increases their holdings but they don't wishvto trigger mandatory offer at this stage while exploring all possible options..warrant exercise has a deadline while exploring options can wait till Nov deadline. Anything is still possible
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Eagle88
Supreme |
15-Oct-2024 13:33
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If MS is increasing its holding beyond 7% by buying at 650/655 and above today, MS can and may counter offer with higher offer price, as the offer price by HW is still not 20% to 30% premium above the VWAP.  | ||||
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SmallSmall
Supreme |
15-Oct-2024 13:21
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Estate not going to offer. Read their Meida release : The Estate holds a number of the abovementioned warrants. It is the intention of the Estate to exercise the warrants that it holds prior to the Warrant Exercise Deadline. In order to avoid such exercise of warrants triggering an obligation on the Estate to make a mandatory general offer for Dyna-Mac, the Estate will need to divest of a portion of its shares before exercising its warrants. The Estate remains steadfast in its belief in the growth potential of Dyna-Mac.
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Yanhuo
Member |
15-Oct-2024 13:05
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Thanks...BinderyT for your insightful sharing    |
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Giant8888
Senior |
15-Oct-2024 12:59
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In my opinion, the base price is already set by the offeror. Lim estate or other parties are likely to offer better deal or find a win win solution with HW at 0.67. . Especially Lim estate is unlikely to sabotage the offer and destroy value if they cannot find a better alternative going forwards. If that happens they will face the wrath of market and screw themselves. So insurance at 0 67 is secured although "conditional".
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BinderyT
Elite |
15-Oct-2024 12:49
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Risk premium and carry cost.  
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Eagle88
Supreme |
15-Oct-2024 12:46
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HW just want to have 50.1% to control the management, so with whatever that it already have, the balance that it needs to achieve 50.1% is just about 25% only. 
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