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Tuan Sing
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PRIVATISE AT 50CENTS
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ysh2006
Supreme |
03-Apr-2020 11:14
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It still recently share buyback so not yet file for Chp 11.....
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kusje58
Member |
03-Apr-2020 11:01
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I have lost so much money here that i wanna cry. But i still believe in the value. how do you know goldman is in it?
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tritonyeah666
Elite |
03-Apr-2020 10:20
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I think most flaky retailers have now been flushed out from this stock. And this stock is now only played by the bbs (Goldman), 63% owned by the TS owners, and some very long term holders. | ||||
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easywin
Supreme |
24-Mar-2020 14:46
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Very slow mover, still can buy? | ||||
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tritonyeah666
Elite |
24-Mar-2020 13:20
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One last shot at this sleeping giant loaded 100 lots at 0.205. | ||||
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tritonyeah666
Elite |
19-Mar-2020 17:57
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Please change thread title to bankrupt at 0.05 | ||||
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Goldfinger
Supreme |
19-Mar-2020 16:09
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The collapse is probably due to the AUD collapsing. All the counters will AUD exposure are collapsing today. | ||||
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Starship
Supreme |
19-Mar-2020 15:51
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Maybe shd ask the AGM whether they' re waiting to privatise at 5 cents.  ![]()  
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tritonyeah666
Elite |
19-Mar-2020 15:18
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10 cents soon. | ||||
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tritonyeah666
Elite |
18-Mar-2020 20:38
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When is the AGM? see you guys there. | ||||
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WBdisciple
Elite |
17-Mar-2020 22:57
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I prefer a proactive apporach than to be stuck in a value trap....all the best! | ||||
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tritonyeah666
Elite |
17-Mar-2020 20:22
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Quartz Capital has Harvard Chi has been the activist fund, but to no avail..think they also stuck n losing in this stock since they entered hoping for 18 Robinson top fireworks but nothing happened..lol | ||||
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kusje58
Member |
17-Mar-2020 17:38
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Can ask a lot of questions. Any point if they give a lousy ans without repurcussions? | ||||
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Goldfinger
Supreme |
17-Mar-2020 17:30
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Please ask about the huge plot of Fuzhou land that has been sitting there idle for years in the countryside after having bought at multi-millions from related party Habitat Properties years back.
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WBdisciple
Elite |
17-Mar-2020 16:58
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The independent directors have a fiduary duty to shareholders...we need to ask them what they have been doing, are they asking the right questions to the management team? If we have a more proactive board and shareholders, we can get voices heard from various sources...write to SGX, SPH, SIAS.  This will bring in activist funds whom probably can move the needle, especially when there is value within the company. |
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tritonyeah666
Elite |
17-Mar-2020 16:46
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So what are some of the tough questions you guys gonna ask at AGM? They will definitely deflect the questions like selling Gultech or SP Corp away. | ||||
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kusje58
Member |
17-Mar-2020 16:35
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They own so much of the company and are not intending to sell... so low share price doesn' t affect them. Maybe even better for them if they can buy over our shares at low price.
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paul1688
Veteran |
17-Mar-2020 12:29
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Totally agree. Very passive management in terms of unlocking minority shareholder value. 
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Goldfinger
Supreme |
17-Mar-2020 11:47
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The driving down of global interest rates to near zero should be a positive. Other than that - it is likely collateral damage and contagion from the flu. | ||||
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WBdisciple
Elite |
17-Mar-2020 11:40
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Tuan Sing property assets are mainly freehold and in prime districts in Singapore and there are only hidden value inside such as their electronics manufacturing business and listed SP Corp.  The Group is obviously suffering from a congolmerate discount and i am going to the AGM to ask the board to seriously look at ways to unlock value for shareholders. dividends are also pititful...  A simple REIT of their property assets will give shareholders an uplift in value... The share price performance should be a wake up call for the board and management team.   |
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