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M1
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triphopper
Senior |
27-Sep-2018 12:55
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SPH and Kepcorp rejected an offer by third party which resulted in the share price capitulation. Now they are offering to take it private at a much lower price than the initial offer by third party. What sort of governance is this? And what is the regulatory body doing about it? Something is not right. |
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shyeo1223
Master |
27-Sep-2018 12:45
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SGX jia sai one.  Their screw-ups have resulted in  the downfall  Spore stock market. So many people have lost money because of s-chips and a poorly regulated industry.
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Luzern
Supreme |
27-Sep-2018 12:29
Yells: "9" |
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Ouch!.....😜 😝
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Luzern
Supreme |
27-Sep-2018 12:27
Yells: "9" |
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Good one. 😄 😂
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SuperLuckyCorn
Supreme |
27-Sep-2018 12:22
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yes. seem like SGX more interested in get $$ for themselves. Feel like hammer SIA , when they said they will make tigerair profitable again...but only after they bought the small fishes shares at " super low" price. Same like many local companies. Another a bit different case is Hyflux...what has SGX done that are " useful" to small retailers?? Hyflux, Singapore company, another suckers...CEO ownself sold shares at high price. Then make Hyflux lose $$$$ and worst anyhow spend bond $$$$...face still so stick, not even mention about cutting high pay to tide over with the company. SMRT..saw saw...also ownself play ownself take..then end up... So now, know the world is ugly...sgx is dirty.....so we need to know the rules to earn big $$$$$.  
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john_ric
Supreme |
27-Sep-2018 12:17
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i dont think sgx is a  hero. need some activists to stand out.  any hero here??
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SuperLuckyCorn
Supreme |
27-Sep-2018 12:17
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Good to hear that " many will not sell" . See potential for M1. Need to force TPG into RED.....
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john_ric
Supreme |
27-Sep-2018 12:15
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nowadays sgx has become an easy scamming place.  no longer an investment place like in 1970s to 90s. ever since the ' red chip' came and gone (pushed down share price and delisted) in last decade, now all listed co learnt from them... pushed down and acquired under excuse of bad financial results ortough competitive environment. examples are aplenty- even T-related co like tiger air. now m1. later coud be starhub?    |
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mrwise
Supreme |
27-Sep-2018 12:07
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U can go ahead and sell... Many will not sell due to low offer... We shall see the outcome..
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SuperLuckyCorn
Supreme |
27-Sep-2018 12:02
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Hmm...2.06?? Too low. Not going to sell at this low value. Need 2.60~3.20 range. TPG going to fail, so KC & others start to take on. Minority has no say & SGX don' t care??   |
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mrwise
Supreme |
27-Sep-2018 11:53
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We shall see the power of starhub...
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cann777
Member |
27-Sep-2018 11:49
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u know what is starhub' s debt to equity ratio? u go check on this 1st...
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Qanghoo
Supreme |
27-Sep-2018 11:48
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Like I said, u can go on dreaming ....
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cann777
Member |
27-Sep-2018 11:48
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they have to come out with something 1st, to allow them to scoop from open market :) now they can openly buy from open market
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mrwise
Supreme |
27-Sep-2018 11:40
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Mad rush to buy starhub now...
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gopguppy
Veteran |
27-Sep-2018 11:39
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Just checked with a friend. This is a voluntary general offer, not a mandatory general offer . So you can choose not to sell even if KC/SPH has 90% shares. In this case, minority share holders will hold 10%. As long as KC/SPH has 50% shares, this offer of $2.06 can be made effective. KC/SPH is painting an adverse scenario for M1 due to impending TPG, to scare share holders to dump their shares and walk away. So at the end of the day, it is a question of how long share holders are willing to wait to see the real value of M1. DYODD.
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Luzern
Supreme |
27-Sep-2018 11:38
Yells: "9" |
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It also doesn' t make sense to have a 4th telco with Singapore consumer base.......... IDA just want to.....silent consumers' complaint,.....make $, shake up the telco market to spur innovation and creativity.....and if natural attrition (M& A, die off.....)takes place, then its not their problem, and this is the 2nd time they push for a 4th telco.  the first was Virgin.... which called it quit within 2 years.
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cann777
Member |
27-Sep-2018 11:26
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even if they have money, IDA may not approve it too... IDA wants to have 4th telco, wads the point of giving license to 4th telco and then allow TPG to bid for M1. doesnt make sense bro
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Luzern
Supreme |
27-Sep-2018 11:22
Yells: "9" |
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If TPG can buy over M1 or Starhub....... it will be a boost to the current 3 telco....... no need for aggressive price cutting promotion to gain enough market share to be viable.
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mrwise
Supreme |
27-Sep-2018 11:20
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Axiata can offer better than that... Dont think they will let go so easily...
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