Back

Latest Forum Topics / Hafary    Last:0.48 --

Post Reply

Hafary Post Reply Rate topic
Jimmykohkk Master	23-Jan-2015 19:27        Jimmykohkk About Contact  Quote this Post!
x 0   x 0  Alert Admin	Right now market price CE is 22 cents. After XE,  the price will drop  to 20 cents. Reason:  24 cents (51% offer) + 20 cents (49% remain to be sold in open market) average = 22 cents (current price). So if u dun sell, there is a very high chance, ALL ur shares will only be worth 20 cents after XE. So one way to save urself is to sell ALL ur shares now at 22 cents during CE. I think it works like CE for warrants or rights.. everknight      ( Date: 23-Jan-2015 16:40) Posted: Hi, am overseas now and unable to receive the form. Just a question...what will happen if I do not take action and do not submit the form?
Useful To Me  Not Useful To Me
HVRRVH Elite	23-Jan-2015 16:48        HVRRVH About Contact  Quote this Post!
x 0   x 0  Alert Admin	Which mean you do not accept the offer. everknight      ( Date: 23-Jan-2015 16:40) Posted: Hi, am overseas now and unable to receive the form. Just a question...what will happen if I do not take action and do not submit the form?
Useful To Me  Not Useful To Me
everknight Member	23-Jan-2015 16:40        everknight About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Hi, am overseas now and unable to receive the form. Just a question...what will happen if I do not take action and do not submit the form?
Useful To Me  Not Useful To Me
lalala Member	22-Jan-2015 19:14        lalala About Contact  Quote this Post! Style: Fundamental   Yells: "Any profit is better than a loss :)"
x 0   x 0  Alert Admin	First time tio green form sia.. I see section A is voting, Section B is acceptance through FAA.. Any peeps can tell me whats the difference? TIA!
Useful To Me  Not Useful To Me
edwinjup Supreme	21-Jan-2015 09:13        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro..try to sell excess...most likely they might took.all....congrats Jimmykohkk      ( Date: 21-Jan-2015 09:04) Posted: by the way, any hafary shareholders here? have u receive the form for the offer? If I buy now will i still be able to sell my 51% at 24 cents? when is the cut off date?
Useful To Me  Not Useful To Me
Jimmykohkk Master	21-Jan-2015 09:04        Jimmykohkk About Contact  Quote this Post!
x 0   x 0  Alert Admin	by the way, any hafary shareholders here? have u receive the form for the offer? If I buy now will i still be able to sell my 51% at 24 cents? when is the cut off date?
Useful To Me  Not Useful To Me
Jimmykohkk Master	21-Jan-2015 09:01        Jimmykohkk About Contact  Quote this Post!
x 0   x 0  Alert Admin	u see the price traded today is still 21.5 cents.. I think the XE price will be less than 20 cents.. so that 51% at 24 cents + 49% at 20 cents ==> average of 21.5 cents.. Be careful goodman      ( Date: 20-Jan-2015 22:36) Posted: Plus the dividend that the company had given out. Hehe
Useful To Me  Not Useful To Me
goodman Senior	20-Jan-2015 22:36        goodman About Contact  Quote this Post!
x 0   x 0  Alert Admin	Plus the dividend that the company had given out. Hehe
Useful To Me  Not Useful To Me
Jimmykohkk Master	20-Jan-2015 22:04        Jimmykohkk About Contact  Quote this Post!
x 0   x 0  Alert Admin	haha.. congrat. BUT is 51% of ur shares at 24 cents.. meaning u sell half ur share at 24 cents, but IF the market price drop below 20 cents, u can only sell at below 20 cents for ur other half, in the end, average only 22 cents. So still some risks involved. So u wait for  book closure  date (XE)  and hope the price dun drop below 20 cents upon XE :)   goodman      ( Date: 20-Jan-2015 21:32) Posted: HUAT AH!!! Now becomes unconditional. Sure make money.
Useful To Me  Not Useful To Me
goodman Senior	20-Jan-2015 21:32        goodman About Contact  Quote this Post!
x 0   x 0  Alert Admin	HUAT AH!!! Now becomes unconditional. Sure make money.
Useful To Me  Not Useful To Me
Jimmykohkk Master	16-Jan-2015 08:38        Jimmykohkk About Contact  Quote this Post!
x 0   x 0  Alert Admin	maybe takeover hits problem? they need 51% willing to accept and 50% approval from shareholders.. but looks jialat, the price getting back below 20 cents soon.. buyers very little while seller queue thousands lots   sheerluck      ( Date: 15-Jan-2015 13:56) Posted: Trading way below 24cts now.   Weird?
Useful To Me  Not Useful To Me
sheerluck Supreme	15-Jan-2015 13:56        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	Trading way below 24cts now.   Weird?
Useful To Me  Not Useful To Me
Jimmykohkk Master	09-Jan-2015 02:42        Jimmykohkk About Contact  Quote this Post!
x 0   x 0  Alert Admin	i think i know why hafary is trading at less than the partial offer price of 24 cents. They are preventing the price of hafary from going up as they want shareholders to accept the partial offer of 24 cents. no wonder the sell queue is so " heavy" at 22.5 cents to 24 cents.. They are say " hey, u sell now at 22 cents, not worth, best for u to accept the partial offer of 24 cents" .. Becos this is a conditional offer, they say must have 51% acceptance plus 50% shareholders approval then will become unconditional, so they blocking the price from going up inorder to encourage shareholders to accept the partial offer..
Useful To Me  Not Useful To Me
Woods30 Veteran	31-Dec-2014 20:42        Woods30 About Contact  Quote this Post!
x 0   x 0  Alert Admin	hi bro...i dont understand how that works...can explain ...interested in buying shs warrants too. hope it is not tooo late..not been follwing ..but know this is a good coy.... edwinjup      ( Date: 31-Dec-2014 15:46) Posted: I rather buy 1000 lots shs wrt....earn more..lol Jimmykohkk      ( Date: 31-Dec-2014 14:42) Posted: The partial offer is not a mandatory offer, means it is subjects to terms and conditions. So if u buy 22.5 cents now, u can sell to them 51% of ur holdings at 24 cents only AFTER 1) they have received more than 51% of acceptance and 2) 50% shareholders agreeing. So basically u are going to earn 1.5 cents if u buy 22.5 cents for 51% of ur capital vs the risk of if the offer fails due to the 2 conditions above. And the whole process takes a few months. Eg: If I buy 10 lots 22.5 cents, $2250 capital. Then after a few mths with the 2 conditions satisfied, I can sell to them 5.1 lots at 24 cents, and the rest of the 4.9 lots I keep or sell in open market which at the moment is 22.5 cents. So I stand to gain 1.5 cents profit x 5.1 lots = $76.50 and assuming if the market price remains at 22.5 cents for me to sell my 4.9 lots. $76.50 minus away brokerage, i will be left with around $50... Worth? of course if u buy 1000 lots, capital $22500, then profit will be around $600+... but u need to wait a few mths and also hope that the 2 conditions are approved. Worth?   Quote: (i) the Partial Offer is not a mandatory offer under Rule 14 of the Code (ii) the Offeror confirms and undertakes in its application for consent that it and its concert parties did not and will not acquire any voting shares (excluding voting shares acquired by the Offeror and its concert parties via a rights issue and/or bonus issue without increasing their aggregate percentage shareholdings) in the Company: (a) in the six months prior to the Announcement Date (and confirms this fact in the Announcement) (b) in the period between submitting the application for the SIC&rsquo s consent and the making of the Partial Offer (c) during the offer period (except pursuant to the Partial Offer) and (d) during a period of six months after the Closing Date, if the Partial Offer becomes unconditional as to acceptances (iii) the Partial Offer is conditional, not only on the specified number or percentage of acceptances being received, but also on approval by the Company&rsquo s shareholders. The Offeror, parties acting in concert with it and their associates are not allowed to vote on the Partial Offer. Voting should be: (a) if a general meeting is convened, by way of a poll on a separate ordinary resolution on the Partial Offer. The Partial Offer must be approved by shareholders (present and voting either in person or by proxy) of more than 50 per cent. of the votes cast or (b) if it is on the form of acceptance for the Partial Offer, in a separate box with the number of voting shares indicated. The Partial Offer must be approved by shareholders of more than 50 per cent. of the votes received. Upon the close of the Partial Offer, the receiving agent must confirm in writing to the SIC that it has done the necessary checks and verification to ensure that votes (if any)   cast by shareholders of the Company not allowed to vote, are disregarded and excluded for the purpose of determining shareholders' approval for the Partial Offer
Useful To Me  Not Useful To Me
Jimmykohkk Master	31-Dec-2014 15:59        Jimmykohkk About Contact  Quote this Post!
x 0   x 0  Alert Admin	hahaha. i rather Henry launch a takeover for SHS at 40 cents.. :) hahahahaha.. I think these few days u buying up all the warrants right wait for hafary to issue warrants too :) edwinjup      ( Date: 31-Dec-2014 15:46) Posted: I rather buy 1000 lots shs wrt....earn more..lol Jimmykohkk      ( Date: 31-Dec-2014 14:42) Posted: The partial offer is not a mandatory offer, means it is subjects to terms and conditions. So if u buy 22.5 cents now, u can sell to them 51% of ur holdings at 24 cents only AFTER 1) they have received more than 51% of acceptance and 2) 50% shareholders agreeing. So basically u are going to earn 1.5 cents if u buy 22.5 cents for 51% of ur capital vs the risk of if the offer fails due to the 2 conditions above. And the whole process takes a few months. Eg: If I buy 10 lots 22.5 cents, $2250 capital. Then after a few mths with the 2 conditions satisfied, I can sell to them 5.1 lots at 24 cents, and the rest of the 4.9 lots I keep or sell in open market which at the moment is 22.5 cents. So I stand to gain 1.5 cents profit x 5.1 lots = $76.50 and assuming if the market price remains at 22.5 cents for me to sell my 4.9 lots. $76.50 minus away brokerage, i will be left with around $50... Worth? of course if u buy 1000 lots, capital $22500, then profit will be around $600+... but u need to wait a few mths and also hope that the 2 conditions are approved. Worth?   Quote: (i) the Partial Offer is not a mandatory offer under Rule 14 of the Code (ii) the Offeror confirms and undertakes in its application for consent that it and its concert parties did not and will not acquire any voting shares (excluding voting shares acquired by the Offeror and its concert parties via a rights issue and/or bonus issue without increasing their aggregate percentage shareholdings) in the Company: (a) in the six months prior to the Announcement Date (and confirms this fact in the Announcement) (b) in the period between submitting the application for the SIC&rsquo s consent and the making of the Partial Offer (c) during the offer period (except pursuant to the Partial Offer) and (d) during a period of six months after the Closing Date, if the Partial Offer becomes unconditional as to acceptances (iii) the Partial Offer is conditional, not only on the specified number or percentage of acceptances being received, but also on approval by the Company&rsquo s shareholders. The Offeror, parties acting in concert with it and their associates are not allowed to vote on the Partial Offer. Voting should be: (a) if a general meeting is convened, by way of a poll on a separate ordinary resolution on the Partial Offer. The Partial Offer must be approved by shareholders (present and voting either in person or by proxy) of more than 50 per cent. of the votes cast or (b) if it is on the form of acceptance for the Partial Offer, in a separate box with the number of voting shares indicated. The Partial Offer must be approved by shareholders of more than 50 per cent. of the votes received. Upon the close of the Partial Offer, the receiving agent must confirm in writing to the SIC that it has done the necessary checks and verification to ensure that votes (if any)   cast by shareholders of the Company not allowed to vote, are disregarded and excluded for the purpose of determining shareholders' approval for the Partial Offer
Useful To Me  Not Useful To Me
edwinjup Supreme	31-Dec-2014 15:46        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	I rather buy 1000 lots shs wrt....earn more..lol Jimmykohkk      ( Date: 31-Dec-2014 14:42) Posted: The partial offer is not a mandatory offer, means it is subjects to terms and conditions. So if u buy 22.5 cents now, u can sell to them 51% of ur holdings at 24 cents only AFTER 1) they have received more than 51% of acceptance and 2) 50% shareholders agreeing. So basically u are going to earn 1.5 cents if u buy 22.5 cents for 51% of ur capital vs the risk of if the offer fails due to the 2 conditions above. And the whole process takes a few months. Eg: If I buy 10 lots 22.5 cents, $2250 capital. Then after a few mths with the 2 conditions satisfied, I can sell to them 5.1 lots at 24 cents, and the rest of the 4.9 lots I keep or sell in open market which at the moment is 22.5 cents. So I stand to gain 1.5 cents profit x 5.1 lots = $76.50 and assuming if the market price remains at 22.5 cents for me to sell my 4.9 lots. $76.50 minus away brokerage, i will be left with around $50... Worth? of course if u buy 1000 lots, capital $22500, then profit will be around $600+... but u need to wait a few mths and also hope that the 2 conditions are approved. Worth?   Quote: (i) the Partial Offer is not a mandatory offer under Rule 14 of the Code (ii) the Offeror confirms and undertakes in its application for consent that it and its concert parties did not and will not acquire any voting shares (excluding voting shares acquired by the Offeror and its concert parties via a rights issue and/or bonus issue without increasing their aggregate percentage shareholdings) in the Company: (a) in the six months prior to the Announcement Date (and confirms this fact in the Announcement) (b) in the period between submitting the application for the SIC&rsquo s consent and the making of the Partial Offer (c) during the offer period (except pursuant to the Partial Offer) and (d) during a period of six months after the Closing Date, if the Partial Offer becomes unconditional as to acceptances (iii) the Partial Offer is conditional, not only on the specified number or percentage of acceptances being received, but also on approval by the Company&rsquo s shareholders. The Offeror, parties acting in concert with it and their associates are not allowed to vote on the Partial Offer. Voting should be: (a) if a general meeting is convened, by way of a poll on a separate ordinary resolution on the Partial Offer. The Partial Offer must be approved by shareholders (present and voting either in person or by proxy) of more than 50 per cent. of the votes cast or (b) if it is on the form of acceptance for the Partial Offer, in a separate box with the number of voting shares indicated. The Partial Offer must be approved by shareholders of more than 50 per cent. of the votes received. Upon the close of the Partial Offer, the receiving agent must confirm in writing to the SIC that it has done the necessary checks and verification to ensure that votes (if any)   cast by shareholders of the Company not allowed to vote, are disregarded and excluded for the purpose of determining shareholders' approval for the Partial Offer   edwinjup      ( Date: 31-Dec-2014 12:58) Posted: No..the co wan 51% only...partial.offer..
Useful To Me  Not Useful To Me
kirana Senior	31-Dec-2014 15:38        kirana About Contact  Quote this Post!
x 0   x 0  Alert Admin	Is this the company with office in a small building in Balestier?
Useful To Me  Not Useful To Me
Jimmykohkk Master	31-Dec-2014 14:42        Jimmykohkk About Contact  Quote this Post!
x 0   x 0  Alert Admin	The partial offer is not a mandatory offer, means it is subjects to terms and conditions. So if u buy 22.5 cents now, u can sell to them 51% of ur holdings at 24 cents only AFTER 1) they have received more than 51% of acceptance and 2) 50% shareholders agreeing. So basically u are going to earn 1.5 cents if u buy 22.5 cents for 51% of ur capital vs the risk of if the offer fails due to the 2 conditions above. And the whole process takes a few months. Eg: If I buy 10 lots 22.5 cents, $2250 capital. Then after a few mths with the 2 conditions satisfied, I can sell to them 5.1 lots at 24 cents, and the rest of the 4.9 lots I keep or sell in open market which at the moment is 22.5 cents. So I stand to gain 1.5 cents profit x 5.1 lots = $76.50 and assuming if the market price remains at 22.5 cents for me to sell my 4.9 lots. $76.50 minus away brokerage, i will be left with around $50... Worth? of course if u buy 1000 lots, capital $22500, then profit will be around $600+... but u need to wait a few mths and also hope that the 2 conditions are approved. Worth?   Quote: (i) the Partial Offer is not a mandatory offer under Rule 14 of the Code (ii) the Offeror confirms and undertakes in its application for consent that it and its concert parties did not and will not acquire any voting shares (excluding voting shares acquired by the Offeror and its concert parties via a rights issue and/or bonus issue without increasing their aggregate percentage shareholdings) in the Company: (a) in the six months prior to the Announcement Date (and confirms this fact in the Announcement) (b) in the period between submitting the application for the SIC&rsquo s consent and the making of the Partial Offer (c) during the offer period (except pursuant to the Partial Offer) and (d) during a period of six months after the Closing Date, if the Partial Offer becomes unconditional as to acceptances (iii) the Partial Offer is conditional, not only on the specified number or percentage of acceptances being received, but also on approval by the Company&rsquo s shareholders. The Offeror, parties acting in concert with it and their associates are not allowed to vote on the Partial Offer. Voting should be: (a) if a general meeting is convened, by way of a poll on a separate ordinary resolution on the Partial Offer. The Partial Offer must be approved by shareholders (present and voting either in person or by proxy) of more than 50 per cent. of the votes cast or (b) if it is on the form of acceptance for the Partial Offer, in a separate box with the number of voting shares indicated. The Partial Offer must be approved by shareholders of more than 50 per cent. of the votes received. Upon the close of the Partial Offer, the receiving agent must confirm in writing to the SIC that it has done the necessary checks and verification to ensure that votes (if any)   cast by shareholders of the Company not allowed to vote, are disregarded and excluded for the purpose of determining shareholders' approval for the Partial Offer   edwinjup      ( Date: 31-Dec-2014 12:58) Posted: No..the co wan 51% only...partial.offer... Jimmykohkk      ( Date: 31-Dec-2014 12:46) Posted: oh.. surprisingly the price did not shoot up. i tihnk cos the offer is CONDITIONAL i think, that why did not shoot up. Has to gather more than 51% in order for the offer to be unconditional. If cannot get 51% or more, then offer will lapse. maybe this is the reason why price never chiong..
Useful To Me  Not Useful To Me
goodman Senior	31-Dec-2014 13:50        goodman About Contact  Quote this Post!
x 0   x 0  Alert Admin	Based on the announcement stated, HS is an upstream in which they are into properties and etc. hafary is to leverage on their stronghold. Also Not forgetting hafary is also associated with Oxley. To add on further, hafary is a ssh of Smj holdings. Hence making hafary an indeed flooring package, stones and marbles supplier! Sounds like a Blumont structure. Not speculative but sustainable company.
Useful To Me  Not Useful To Me
edwinjup Supreme	31-Dec-2014 12:58        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	No..the co wan 51% only...partial.offer... Jimmykohkk      ( Date: 31-Dec-2014 12:46) Posted: oh.. surprisingly the price did not shoot up. i tihnk cos the offer is CONDITIONAL i think, that why did not shoot up. Has to gather more than 51% in order for the offer to be unconditional. If cannot get 51% or more, then offer will lapse. maybe this is the reason why price never chiong..
Useful To Me  Not Useful To Me

                                                         First   < Newer   81-100 of 357   Older>   Last