| Latest Forum Topics / Neptune Orient L Rg |
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NOL
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Sinari
Member |
24-Apr-2016 17:13
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Confirm the anti trust outcome will be announced in a few days? i thought it is only for Europe. Have they got the approval from China and US already? |
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serious
Master |
24-Apr-2016 11:17
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Just few more days to go for anti trust outcome. Have been waiting since last december . Free floeat really limited  ! CMA has about 74% only as off last reported . |
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jackson5
Master |
23-Apr-2016 00:04
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Hope some BBs queue to buy at 1.31 , G.O. for CMA to delist NOL , unless CMA raises its offer price . |
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sgng123
Supreme |
22-Apr-2016 23:00
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Wait till antitrust approvals and temasek ink the share transfer with CMA then all can start speculate the general offer price for delist. NOL delist not so simple it fail at 1.2x PB offer in 2004, hope CMA can put a better offer since they get a big discount on temasek stake  |
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KAMAL0883
Supreme |
22-Apr-2016 16:24
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may be 1.4 to 1.5
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famouspinky
Supreme |
22-Apr-2016 16:04
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1.6
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ONONONON
Senior |
22-Apr-2016 15:58
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I am day dreaming to have 1.50 |
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jackson5
Master |
22-Apr-2016 15:53
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1.29 also done ! |
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waters
Senior |
22-Apr-2016 14:41
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Yes Bro Taxi Uncle.   Usually the difference is due to the time value (similar concept to option valuation) and as it nears the maturity as certainty gets higher, the value will converge towards the CMA offer price.  |
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taxiuncle
Veteran |
22-Apr-2016 14:24
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Seems like is edging towards 1.30 soon.... |
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sgng123
Supreme |
21-Apr-2016 09:18
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Cma grabbing in open market, sense of urgency and no double deck q stack on both bid offer. Stay chilled and enjoy cma desperato move to control NOL once anti trust approval and they seal deal with temasek and general offer begin. Race against deadline on Ocean Alliance  |
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jackson5
Master |
21-Apr-2016 09:04
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1.285 now ! |
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sgng123
Supreme |
21-Apr-2016 00:51
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New alliance formed by CMA, Cosco, Evergreen and OOCL called Ocean Alliance . Now CMA might step up it effort to grab as much NOL shares in open market to smoothen 90%Delist req, they more desperate to delist NOL and merger of operation for new alliance. New alliance expected to be operating Apr 2017, if NOL delist hit resistance would drag out their grand plan since u need like 6 months to streamlined merged liner operation. Very tight time frame for CMA to get ready for new alliance |
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sgng123
Supreme |
20-Apr-2016 23:59
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Enjoy the last buffet loh, maybe if CMA fail to take NOL private then we get to enjoy french next year
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serious
Master |
20-Apr-2016 20:36
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Today' s AGM like farewell party to all. Managment avoid talking bout CMA . |
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sgng123
Supreme |
19-Apr-2016 21:24
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Future betting on stock future price level or put it simple insurance on any big stock movement. They hedge by shorting or long on certain time frame. It like how airline control fuel price, they buy or short future oil price to reduce over explosure to open market. In NOL cases banks supporting CMA are controlling price within range through shorting or long to deter speculator or rival trying to spoil the deal |
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jackson5
Master |
19-Apr-2016 12:03
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Hi sgng123 , Please enlighten what is hedge covering ? Thanks.  
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sgng123
Supreme |
19-Apr-2016 00:25
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It might be just hedge covering as traders who bet on antitrust disapproval pull out as approval look inevitable we near month end. The way CMA buy NOL in open market, they dead bent on delist it and chance of showdown with rest of investors grows. More hedge covering till anti trust approval come and ship would shoot to cma offer price. |
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jackson5
Master |
18-Apr-2016 23:31
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Today trade done more tham 6m shares but CMA only scooped up 1.9M , so others were buying even more aggressively . Looks like CMA has to raise its offer prcie to cross 90% |
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1oopls
Master |
18-Apr-2016 21:37
Yells: "I love my evil cute cute darling" |
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Buy before raised offer px? |
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