| Latest Forum Topics / AF Global |
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anyone has this one
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KAMAL0883
Supreme |
16-Feb-2015 09:56
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What are the quality stocks you have in mind please ? |
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Secret_Squirrel
Elite |
15-Feb-2015 13:23
Yells: "Stay curious but skeptical" |
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So far price stagnant at 32.5 cents. AF GLOBAL already had more than 50% of the shares. Don' t know long it will to turn the company around.   For me I would rather use the money to invest in other better quality stocks. 
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ysh2006
Supreme |
15-Feb-2015 09:12
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closed on 26 Feb if don't accept back to 25c is it? ....
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Secret_Squirrel
Elite |
14-Feb-2015 22:50
Yells: "Stay curious but skeptical" |
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Heard from my aunty that my uncle receive the payment about 1 week later aftrr sending the letter to accept the offer. I just sent out last friday. So would receive payment until after CNY.
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Secret_Squirrel
Elite |
07-Feb-2015 17:01
Yells: "Stay curious but skeptical" |
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Unaudited 2nd quarter result just out yesterday. Check it out at SGX WEBSITE. Interesting
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groovy
Member |
06-Feb-2015 14:25
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Or hold and ride with the new owners....
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KAMAL0883
Supreme |
06-Feb-2015 14:16
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that' s for sure ... small retails palyers can' t afford to buy 1 mio over lots |
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ytoh1688
Veteran |
06-Feb-2015 14:12
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there is nothing else to play here...sell and end the game...no bidders coming in to fight. thank god for frangrance n aspial , you are not screwed by the lums |
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groovy
Member |
06-Feb-2015 13:45
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Do you all understand the one queuing at 32.5ct is AF Global? Small guys won' t put 100mil shares! Sell backside ah? |
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ysh2006
Supreme |
06-Feb-2015 11:10
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The logic is if can buy at 32.5c at big vol can make money only hold less than a mth interest little onlyprofit better than bank lah...
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KAMAL0883
Supreme |
06-Feb-2015 10:56
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200 lots @ 0.325 = $65,000.00 200 lots @ 0.330 = $66,000.00 Net $1,000.00 less commission and less Loan amount ( unless you hv 66k in your bank account ) less interest profit how much ? Problem is you have to Q behind  1.3 mio  lots  you think you can get at 0.325 ? LOL |
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ysh2006
Supreme |
06-Feb-2015 09:44
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Good if you buy at bigger lot! ...eg 200 lots etc...sure win case Mr Koh supposed won't back out at this stage since Japanese surrendered.
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ysh2006
Supreme |
06-Feb-2015 09:36
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Good if you buy at bigger lot! ...eg 200 lots etc...sure win case Mr Koh supposed won't back out at this stage since Japanese surrendered.
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KAMAL0883
Supreme |
06-Feb-2015 09:22
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" Cannot understand the logic. Buy at 32.5 cents, then sell to AF GLOBAL Pte Ltd at 33 cents? " Brother , this is not the case , you need to pay commission and force out cash to hold then accept AF' s offer at 0.33. But who know AF laspes on last minutes owing to some reasons. So there s a risk also for 0.005 cents profit ( less comm. + funding cost )   |
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groovy
Member |
05-Feb-2015 23:47
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AF is the one queuing at 32.5c
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Secret_Squirrel
Elite |
05-Feb-2015 22:50
Yells: "Stay curious but skeptical" |
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Today ending shows that   there is a queue of   103,264,500 shares waiting to buy at 32.5 cents and   2,502,600 shares wanted to sell at 33 cents. Today volume traded is 188,300 shares. Cannot understand the logic. Buy at 32.5 cents, then sell to AF GLOBAL Pte Ltd at 33 cents? |
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Secret_Squirrel
Elite |
05-Feb-2015 19:53
Yells: "Stay curious but skeptical" |
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I think most people will wait and see. They will only decide when the closing date is closer. The second quarter results ending in december also not out yet.
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groovy
Member |
05-Feb-2015 10:23
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Are you selling to Koh? I know some people not selling esp those bought when it was trading much higher. I guess at most AF Global can only get 65% thereabouts.
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ysh2006
Supreme |
05-Feb-2015 10:14
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After Feb 26 if Mr Koh get 90% because since Japanese gave in , the Lum' s family only few % left...will be delisted lah , how to ride together with him ??..
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groovy
Member |
05-Feb-2015 10:06
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Most small shareholders are going to ride with the Kohs. Some will also buy at 33c for long term investment. Everyone is happy!  |
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