| Latest Forum Topics / Global Logistic |
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Global Logistic
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lynmin0197
Senior |
30-Jun-2017 17:10
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I am still holiding, actually abit scare :) | ||||
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investshare
Supreme |
30-Jun-2017 17:08
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I am still in | ||||
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subaru
Senior |
30-Jun-2017 17:04
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if sold, then just watch at the sideline ...
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moneyspinner
Veteran |
30-Jun-2017 16:36
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Sold.   A bird in hand is better than two in the bush. Looking at the price action it' s better to lock in profits first.😜 | ||||
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MekMiRic
Member |
30-Jun-2017 16:31
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TOP NEWS
Fri Jun 30, 2017 | 1:04 AM EDT Two groups in race to buy $10 bln-valued Global Logistic Properties - sources X The race to buy Global Logistic Properties is now between a Chinese consortium backed by the company's management and a rival group led by Warburg Pincus, sources said ahead of a Friday deadline to submit bids for the $10 billion-valued firm. The acquisition offers a chance for bidders to grab control of Asia's biggest warehouse operator which counts Amazon among its clients and is benefiting from rising demand for modern logistics facilities, driven by a boom in e-commerce business. |
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jeremiah71
Member |
30-Jun-2017 16:30
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For a deal that I' ve been told on numerous occasions is absolutely, definitely going to happen at 3, 3.20, even 3.60, I would say the price action is more than a little concerning... | ||||
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brchkho1
Master |
30-Jun-2017 16:28
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Oh..... that' s the case, all the hopeful will become hopeless in the expectation of buyout.
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HiFive123
Member |
30-Jun-2017 15:47
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By saying there is no gurantee of any deals what so ever is implying to the bidders that GLP will not accept low price bids... It has better to be reasonable and   good .
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twinpower
Member |
30-Jun-2017 15:37
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Yes agree. At most the number of bids received, or if lucky, the identities of the bidders, followed by a motherhood statement that the team is studying the bids and there is no guarantee of any deal.
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HiFive123
Member |
30-Jun-2017 15:33
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FATABA
Supreme |
30-Jun-2017 15:31
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I honestly DONT expect anything to happen. Maybe a report from GLP that bids are recevied and they are studying it seriously . This spell good news....if they are willing to look into the bids....if not worth looking /review, then means too low. It might take longer...patient is the game.
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rlong8288
Master |
30-Jun-2017 15:27
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than you will see a repeat of last Friday
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brchkho1
Master |
30-Jun-2017 15:23
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Wondering what will happen if nothing happen at day end.......
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FATABA
Supreme |
30-Jun-2017 15:18
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So far all the " reports" are hear say .....none are confirmed. Whatever, Warburgs and Chinese Consortium ( another 3rd party/Temasek) are world class .....know GLP business well. We are all speculating .....just end of today ALL bids are known. Whatever, it has to be worthy of the mths of effort and time ....if not do u think all parties are wasting so much time ......patient invetors will be rewarded and we were know about the bidders very soon. Happy waiting and happy investing.....a NICE weekend to all . :) |
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zillion
Master |
30-Jun-2017 15:04
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not true, sometimes there are other trade offs if there is a rebalancing of gic' s portfolio.
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HiFive123
Member |
30-Jun-2017 14:33
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The price will be revealed once its confirmed to be a Buyover .. and GLP will be gone soon
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rlong8288
Master |
30-Jun-2017 14:21
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they will not
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AndyLoss
Master |
30-Jun-2017 14:20
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will they reveal the bid price... ?  | ||||
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HiFive123
Member |
30-Jun-2017 14:15
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Back to $2.88 now
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twinpower
Member |
30-Jun-2017 14:06
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The china consortium, with glp ceo being part of the team and someone who is familiar with gic, will know that gic will not sell in the absence of a reasonable offer. Even if the china consortium ends up being the only party to submit a bid, i am very sure the price will be decent. Having said this, my concern is gic may still end up not awarding if they were to succumb to public allegations that the bidding process is unfair.
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