| Latest Forum Topics / STATS ChipPAC |
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OCEANUS (No.1 in abalone farming): Venturing into
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edwinjup
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30-Dec-2014 19:44
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Think.still.got.some conditions.need to.be make.....think better.sell.46c in open market and.move on....look.for.others counters...maybe can earn back the loss
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e33cider
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30-Dec-2014 19:37
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stockclinic
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28-Dec-2014 13:18
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STATS ChipPAC book value per share $0.54 and TMS selling at below book value price of 0.45 , which means 20% discount you called that offer ?? TMS not bother call for  revise new offer prices. As minor shareholder very disappointed  TMS decision..
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tasidev
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27-Dec-2014 17:18
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Looking at their money coffers they can affort 0.30 US$ per share (0.3974 S$).
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tch77_pt75
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26-Dec-2014 22:26
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Is it selling below the IPO price? | ||||
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Qanghoo
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26-Dec-2014 12:55
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If successful, then shdn' t have much downside, right.  I mean if a firm offer is made at => 45.2 can' t envisage huge unloading below that, can we?
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tch77_pt75
Veteran |
26-Dec-2014 10:31
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Judging from the current sentiment, there is more potential on the downside as compared to going north, be it successful or unsuccessful on the takeover.....
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ysh2006
Supreme |
24-Dec-2014 09:08
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Still early to say TH will sell got one week more to go, maybe again extension   till after CNA like LC Dev MA, extend and extend till nothing heard out ?...
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sharemalls
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24-Dec-2014 00:58
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Ha ha. This mess is a reflection of the kind of talents we have inside Temasek. It is shameful and is the reason why they need to sell this mess away quickly, to save their own skins. |
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tch77_pt75
Veteran |
23-Dec-2014 20:18
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Limited upside. No point buying now
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ysh2006
Supreme |
23-Dec-2014 10:24
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Why buy at this stage ? No comfirm deal that is what they announced, see on 31 dec deal done or not than decides...Think China side would not raise price ..High risk little return trade ...
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SOONEST
Member |
23-Dec-2014 10:23
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This is so so pathetic...want to play football and
after game started few months ago then start to assemble team...
then say they got not enuff money... why are
we even watching these circus clowns???!!!
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dippyboy
Member |
23-Dec-2014 01:12
Yells: "Plsdoyourownhomework.Personalopinion,Disclaimerapplies." |
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Theres rumors of DBS or other banks in talks to provide refinancing of existing debt meaning if the Singapore side gets refinanced, the chinese wont have to come up with $1b usd. Now this low ball offer by the chinese is very shrewd by maintaining the pretence of not buying and no obligatory offer(where in fact they are quite desperate to get foreign tech and networking to side step western technology transfers restrictions) and the implicit max possible offer price from the $660usd financing(still in discussion). I have to highlight the fact that this is just wishful thinking from the chinese side alone that Singapore is dumb enough to sell their state of the art semi conductor plant for a song below bookvalue at the worst possible time since inception after investing heavily building up a strong foundation. Do not forget OLAM saga. Investment for the long term is always the objective. Its always in the interest of asset managers to maintain a high asset price under management , it is more likely a high offer is made to inflated market prices with the excuse of long term investment than instead of realizing paper losses in which managers will have to be held accountable directly. Do not forget stats spent much to absorb the Thailand flood losses, restructure and close the malaysia plant and almost a billion to finish their state of the art Korea plant which is possibly due next yearend and thereafter the revenue spike from new orders will come and cost will come down. What is possible is that the talks will fails and the stock fall back to 31c support, This i believe is in the best interest of Singapore to solicit decent offers or just to keep it for the turn around just round the corner. | ||||
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tasidev
Member |
22-Dec-2014 22:50
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But who provides more finances to Bidco (" entity carrying out the Proposed Acquisition" ) when it already gets shareholder loan? Who finances gap of 120 Mio US$ when ownership structure is already defined? " Under the Co-investment Agreement, Holdco A and the IC Fund will make a total capital contribution of the RMB equivalent of US$510 million and US$10 million respectively to subscribe for, respectively, 98.08% and 1.92% equity interest in Holdco B. In addition, the IC Fund is committed to providing Holdco B with a shareholder&rsquo s loan of US$140 million and is entitled, at any time after the third anniversary of the date on which Bidco becomes a shareholder of STATS ChipPAC, to convert its shareholder&rsquo s loan into the equity of Holdco B in accordance with the Co-investment Agreement. Bidco was established as a wholly-owned subsidiary of Holdco B and will be the entity carrying out the Proposed Acquisition (if and when the Proposed Acquisition proceeds)."
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guiren
Veteran |
22-Dec-2014 22:26
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May be this is the cash portion, the rest through finance
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tasidev
Member |
22-Dec-2014 22:04
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Now CO-INVESTMENT AGREEMENT is out @ SGX! But Company that buys has only capital of 660 Mio U$! Any clue?
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tch77_pt75
Veteran |
22-Dec-2014 20:22
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In this current climate, it might be a bit hard due to low takeover price. The price per share is low and it seems like this counter doesn't have much bargaining power!
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SOONEST
Member |
22-Dec-2014 16:38
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56.78 is enuff for me.... i will all out and never return
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guiren
Veteran |
22-Dec-2014 15:13
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Christmas Season,, let all the retail shareholders " happy " and at least, save our "   pride " ,, it is cruel to upset all the old folks this season  ,,  support ruready :    Finally coming . Hoot it until 60
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ysh2006
Supreme |
22-Dec-2014 14:32
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Buy or no buy also the same lah...1/2 c difference from MA price, if talk fail, back to original price..High risk no return...Buy TOTO better!
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