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QTV - potential to go back to 50cts? Post Reply Rate topic
sunview Veteran	23-Jan-2017 12:10        sunview About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sorry some mistake in the calculation I am just taking the figures provided by  forumers to make a crude back-of -envelope calculation. Existing no of shares = 101,268,367 shares Advanced Holdings'   cash in hand = $38m NAV = $67m Purchase price = $200m Assume Advanced is going to pay 10% in cash ($20m) and the rest by issuing new shares at $0.50 per shares to the Agricole Global group, Agricole need to fork out $160m ($180m - 20m cash paid by Advanced) for 320m new shares. This brings the total no of shares in the NEW company to 421,268,367 shares, or ~ 76% control of the NEW company. The total asset of the NEW company includes ($67m - 20m) = $47m NAV from the to-be-acquired Advanced + $200m palm oil plantation and timber business.   sunview      ( Date: 23-Jan-2017 12:01) Posted: I am just taking the figures provided by  forumers to make a crude back-of -envelope calculation. Existing no of shares = 101,268,367 shares Advanced Holdings'   cash in hand = $38m NAV = $67m Purchase price = $200m Assume Advanced is going to pay 10% in cash ($20m) and the rest by issuing new shares at $0.50 per shares to the Agricole Global group, Agricole need to fork out $160m ($180m - 20m cash paid by Advanced) for 364m new shares. This brings the total no of shares in the NEW company to 465,268,367 shares, or ~ 78% control of the NEW company. The total asset of the NEW company includes ($67m - 20m) = $47m NAV from the to-be-acquired Advanced + $200m palm oil plantation and timber business.
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sunview Veteran	23-Jan-2017 12:01        sunview About Contact  Quote this Post!
x 0   x 0  Alert Admin	I am just taking the figures provided by  forumers to make a crude back-of -envelope calculation. Existing no of shares = 101,268,367 shares Advanced Holdings'   cash in hand = $38m NAV = $67m Purchase price = $200m Assume Advanced is going to pay 10% in cash ($20m) and the rest by issuing new shares at $0.50 per shares to the Agricole Global group, Agricole need to fork out $160m ($180m - 20m cash paid by Advanced) for 364m new shares. This brings the total no of shares in the NEW company to 465,268,367 shares, or ~ 78% control of the NEW company. The total asset of the NEW company includes ($67m - 20m) = $47m NAV from the to-be-acquired Advanced + $200m palm oil plantation and timber business.
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nngeeh Veteran	23-Jan-2017 10:50        nngeeh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro Edwin, I was looking at the Jaya announcement back in 2015. The purchase consideration was as per what you said ... $150M. At that time, Jaya has cash worth $18M. Meaning, if the RTO is succesful, the new business will be listed by injecting $150M worh of business, but also has access to Jaya' s asset of $18M cash, right? But for Advance, the purchase consideration is $180M, but in the RTO scenario, the new business will take over Advance' s asset which is estimated to be worth $67M ( NAV of 0.66 x total shares of 101268367). The share issue consideration of Jaya is 0.52 whereas Advance is 0.5. Am i right to say that it' s much expensive RTO deal for Advance if you compare with Jaya? edwinjup      ( Date: 23-Jan-2017 09:52) Posted: Jaya willing to pay $150m by share issue at 52c b4 conso..... edwinjup      ( Date: 23-Jan-2017 09:37) Posted: Think 2015 deal only $150m...now $180m.......think adv mgt better ask for profit gurantee....and why the family keep wanted to sell....?..50c is a bit misleading...i rem yuuzoo also 50c or $1 when.takeover....trade with extra car
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sunview Veteran	23-Jan-2017 10:07        sunview About Contact  Quote this Post!
x 0   x 0  Alert Admin	The proposed purchase is in the consideration  of $180 - 240m, my guess is the transaction would mostly be satified by the  allotment of new shares,  if the deal is successfully.
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nngeeh Veteran	23-Jan-2017 09:54        nngeeh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Advance has ard $38M Cash. The Purchase Consideration shall be satisfied in part by cash from the Company (& ldquo Cash Consideration& rdquo ) and in part by the issue and allotment of new ordinary shares. How much of the transcation will be in cash? The rest will be in share at $0.5. Integrity      ( Date: 23-Jan-2017 09:40) Posted: --- Post Removed by User ---
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edwinjup Supreme	23-Jan-2017 09:52        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Jaya willing to pay $150m by share issue at 52c b4 conso..... edwinjup      ( Date: 23-Jan-2017 09:37) Posted: Think 2015 deal only $150m...now $180m.......think adv mgt better ask for profit gurantee....and why the family keep wanted to sell....?..50c is a bit misleading...i rem yuuzoo also 50c or $1 when.takeover....trade with extra care sunview      ( Date: 23-Jan-2017 09:16) Posted:   Advanced Holdings to acquire Indonesian palm and timber plantations in RTO deal By  PC Lee  / theedgemarkets.com.sg   | January 23, 2017 : 7:44 AM MYT        SINGAPORE (Jan 23): Advanced Holdings is proposing the acquisition of the entire interest in Agricole Global for a purchase consideration of $180-240 million. The Agricole Global group collectively holds concessions to 23 parcels of agricultural permits in Indonesia to be cultivated into crude palm oil plantations, as well as two forestry concessions for timber management, subject to completion of a group restructuring exercise. The assets are held via Indonesian companies which are, or will be, subsidiaries of the target company. The target assets are located on Sulawesi Island, Indonesia and have a land permit area of 232,102 hectares. The purchase consideration will be satisfied in part by cash from the company and in part by the issue and allotment of new ordinary shares in the share capital of the company. The proposed acquisition is expected to result in a reverse takeover of the company under the listing rules of the Singapore Exchange. As the company continues to face challenging business and operating conditions, the proposed acquisition will provide an opportunity for the company to venture into a new business area that has potential for growth. The vendors of the shares are Hoch Ventures, Vertex DG, and a Mr Hery Hermawan Herijanto and his family members. Advanced Holdings will procure a written undertaking from its substantial shareholders, Dr Wong Kar Wong and Dr Choo Boy Lee Emily, who own a stake of 38.7% and 2.18% respectively in the company, to vote in favour of the proposed acquisition. Shares of Advanced Holdings closed at 24 cents.
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nngeeh Veteran	23-Jan-2017 09:39        nngeeh About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think we' ll need to wait for more details - how much cash will be used for this purchase? If it' s just issuing of  shares at indicative issue price of $0.5 ... it' ll be more straight forward. The Purchase Consideration shall be satisfied in part by cash from the Company (" Cash Consideration" ) and in part by the issue and allotment of new ordinary shares in the share capital of the Company (the " Consideration Shares" ) to the Vendors in proportion to the Vendors&rsquo respective shareholding interest in the Target Company at an indicative issue price of S$0.50 per share, in a proportion to be mutually agreed upon.
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edwinjup Supreme	23-Jan-2017 09:37        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Think 2015 deal only $150m...now $180m.......think adv mgt better ask for profit gurantee....and why the family keep wanted to sell....?..50c is a bit misleading...i rem yuuzoo also 50c or $1 when.takeover....trade with extra care sunview      ( Date: 23-Jan-2017 09:16) Posted:   Advanced Holdings to acquire Indonesian palm and timber plantations in RTO deal By  PC Lee  / theedgemarkets.com.sg   | January 23, 2017 : 7:44 AM MYT        SINGAPORE (Jan 23): Advanced Holdings is proposing the acquisition of the entire interest in Agricole Global for a purchase consideration of $180-240 million. The Agricole Global group collectively holds concessions to 23 parcels of agricultural permits in Indonesia to be cultivated into crude palm oil plantations, as well as two forestry concessions for timber management, subject to completion of a group restructuring exercise. The assets are held via Indonesian companies which are, or will be, subsidiaries of the target company. The target assets are located on Sulawesi Island, Indonesia and have a land permit area of 232,102 hectares. The purchase consideration will be satisfied in part by cash from the company and in part by the issue and allotment of new ordinary shares in the share capital of the company. The proposed acquisition is expected to result in a reverse takeover of the company under the listing rules of the Singapore Exchange. As the company continues to face challenging business and operating conditions, the proposed acquisition will provide an opportunity for the company to venture into a new business area that has potential for growth. The vendors of the shares are Hoch Ventures, Vertex DG, and a Mr Hery Hermawan Herijanto and his family members. Advanced Holdings will procure a written undertaking from its substantial shareholders, Dr Wong Kar Wong and Dr Choo Boy Lee Emily, who own a stake of 38.7% and 2.18% respectively in the company, to vote in favour of the proposed acquisition. Shares of Advanced Holdings closed at 24 cents.
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sunview Veteran	23-Jan-2017 09:16        sunview About Contact  Quote this Post!
x 0   x 0  Alert Admin	Advanced Holdings to acquire Indonesian palm and timber plantations in RTO deal By  PC Lee  / theedgemarkets.com.sg   | January 23, 2017 : 7:44 AM MYT        SINGAPORE (Jan 23): Advanced Holdings is proposing the acquisition of the entire interest in Agricole Global for a purchase consideration of $180-240 million. The Agricole Global group collectively holds concessions to 23 parcels of agricultural permits in Indonesia to be cultivated into crude palm oil plantations, as well as two forestry concessions for timber management, subject to completion of a group restructuring exercise. The assets are held via Indonesian companies which are, or will be, subsidiaries of the target company. The target assets are located on Sulawesi Island, Indonesia and have a land permit area of 232,102 hectares. The purchase consideration will be satisfied in part by cash from the company and in part by the issue and allotment of new ordinary shares in the share capital of the company. The proposed acquisition is expected to result in a reverse takeover of the company under the listing rules of the Singapore Exchange. As the company continues to face challenging business and operating conditions, the proposed acquisition will provide an opportunity for the company to venture into a new business area that has potential for growth. The vendors of the shares are Hoch Ventures, Vertex DG, and a Mr Hery Hermawan Herijanto and his family members. Advanced Holdings will procure a written undertaking from its substantial shareholders, Dr Wong Kar Wong and Dr Choo Boy Lee Emily, who own a stake of 38.7% and 2.18% respectively in the company, to vote in favour of the proposed acquisition. Shares of Advanced Holdings closed at 24 cents.
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sunview Veteran	23-Jan-2017 09:11        sunview About Contact  Quote this Post!
x 0   x 0  Alert Admin	Advanced Holdings to acquire Indonesian palm and timber plantations in a RTO deal. It is another  attempt by the Herijanto family after they failed to reach an agreement with Jaya Holdings in 2015. Please see SGX announcement.
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edwinjup Supreme	23-Jan-2017 08:23        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not sure about the new business...but i dont like the co wan to transfer to catalist.......wat meant to me is below 20c soon.....orelse why wan to transfer and waste money..
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edwinjup Supreme	22-Dec-2016 19:28        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	No bbs...i still waiting.... Integrity      ( Date: 22-Dec-2016 09:24) Posted: --- Post Removed by User ---
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edwinjup Supreme	11-Nov-2016 20:38        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	If above 25c...maybe locked in some good profit..and wait ....overall mkt no good Integrity      ( Date: 11-Nov-2016 20:33) Posted: --- Post Removed by User ---
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edwinjup Supreme	11-Nov-2016 20:30        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	9m loss 4.05c......😭 Integrity      ( Date: 11-Nov-2016 20:17) Posted: --- Post Removed by User ---
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edwinjup Supreme	07-Nov-2016 18:52        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ya..thanks Integrity      ( Date: 07-Nov-2016 18:00) Posted: --- Post Removed by User ---
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edwinjup Supreme	07-Nov-2016 17:49        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Profit warning again..that why....!!! Integrity      ( Date: 23-Sep-2016 10:32) Posted: --- Post Removed by User ---
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jlim777 Senior	23-Sep-2016 08:14        jlim777 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Don' t you see current liabilities are 48M? In the bad O& G weather, it is called prudent. Integrity      ( Date: 22-Sep-2016 23:34) Posted: --- Post Removed by User ---
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edwinjup Supreme	23-Sep-2016 04:09        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Maybe he wan to delist at cheap cheap price...just like otto and aztech.........delist cheap cheap after share con......i intend to pick up more today if still cheap cheap and looking for double digits return in near future... Integrity      ( Date: 22-Sep-2016 23:34) Posted: --- Post Removed by User ---
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edwinjup Supreme	22-Sep-2016 20:31        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Their bankers are.. ocbc dbs and uob....chairman is a ex lecturer from ntu...pls read up.more.b4 actions....willing to hold until ........... investshare      ( Date: 22-Sep-2016 20:17) Posted: Thanks for bringing up this. Do you know if their cash is in Singapore? Sometimes investors is skeptical about cash kept overseas esp China and India.
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investshare Supreme	22-Sep-2016 20:17        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks for bringing up this. Do you know if their cash is in Singapore? Sometimes investors is skeptical about cash kept overseas esp China and India.
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