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alexchew Master	07-Dec-2016 17:31        alexchew About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi, can share whats the reason for their complicated share buyback? It' s e first time i see such things... not sure what' s the net benefit.    mariners      ( Date: 07-Dec-2016 17:16) Posted: ok attended, next week receive letter on the procedures for applying the buyback, expected many angry people lol but then have their rationale lah. i accepted their reasoning but guess not many like me.
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mariners Senior	07-Dec-2016 17:16        mariners About Contact  Quote this Post! Style: Combined   Yells: "FA tells me what to buy, TA tells me when to buy"
x 0   x 0  Alert Admin	ok attended, next week receive letter on the procedures for applying the buyback, expected many angry people lol but then have their rationale lah. i accepted their reasoning but guess not many like me.
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investshare Supreme	30-Nov-2016 12:05        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	Logically share price should drop on Ex-date. The HOPE is price rise before Ex-date.  MichaelSchenker      ( Date: 30-Nov-2016 11:35) Posted: Say, there is an ' Ex' date for this Equal Access Offer, what should be expected of the share price a day after the ' ex' date. Base on logical thinking, price will drop, and if if does, can' t imagine if it goes below 0.15. Current price is already bad enough. On hindsight, this Equal Access Offer is really a very bad move by the management. It clearly reflects the capability of the management about bringing wealth to the company in general. Next AGM, we should all try to vote out the directors. It' s really bad.
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edwinjup Supreme	30-Nov-2016 11:59        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Will accept all offers and apply excess...maybe got extra 10-20% more...should tell mgt..priority should give to minority shareholders..lol.....will lock in profit if good..lol edwinjup      ( Date: 30-Nov-2016 09:41) Posted: Tikam some at 168
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MichaelSchenker Master	30-Nov-2016 11:35        MichaelSchenker About Contact  Quote this Post!
x 0   x 0  Alert Admin	Say, there is an ' Ex' date for this Equal Access Offer, what should be expected of the share price a day after the ' ex' date. Base on logical thinking, price will drop, and if if does, can' t imagine if it goes below 0.15. Current price is already bad enough. On hindsight, this Equal Access Offer is really a very bad move by the management. It clearly reflects the capability of the management about bringing wealth to the company in general. Next AGM, we should all try to vote out the directors. It' s really bad.
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mariners Senior	30-Nov-2016 11:11        mariners About Contact  Quote this Post! Style: Combined   Yells: "FA tells me what to buy, TA tells me when to buy"
x 0   x 0  Alert Admin	shaking out weak holders?
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mepkoh Elite	30-Nov-2016 10:21        mepkoh About Contact  Quote this Post!
x 0   x 0  Alert Admin	directors wake up... WAKE UP N DO SOMETHING.. THE REWARD TO SHAREHOLDERS...IS SHITTING BADLY investshare      ( Date: 30-Nov-2016 10:19) Posted: Let's spread awareness. Anyone has doubt please raise. sheerluck      ( Date: 29-Nov-2016 21:20) Posted: Indeed but there will be some blur kings and queens out there.
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investshare Supreme	30-Nov-2016 10:19        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	Let's spread awareness. Anyone has doubt please raise. sheerluck      ( Date: 29-Nov-2016 21:20) Posted: Indeed but there will be some blur kings and queens out there. investshare      ( Date: 29-Nov-2016 08:25) Posted: Even if anyone is against the scheme, it is Illogical not to tender in the shares if the scheme is approved
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edwinjup Supreme	30-Nov-2016 09:41        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tikam some at 168
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gravity8888 Supreme	30-Nov-2016 09:41        gravity8888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just short to .15 if allowed
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MichaelSchenker Master	30-Nov-2016 09:03        MichaelSchenker About Contact  Quote this Post!
x 0   x 0  Alert Admin	Holders be reminded that the EGM is on the 7 December 2016 Suntec Singapore Convention & Exhibition Centre Level 3.
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sheerluck Supreme	29-Nov-2016 21:20        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	Indeed but there will be some blur kings and queens out there. investshare      ( Date: 29-Nov-2016 08:25) Posted: Even if anyone is against the scheme, it is Illogical not to tender in the shares if the scheme is approved. sheerluck      ( Date: 28-Nov-2016 20:08) Posted: If all turned in, each get 3.4% of their shares buy back. If 50% turned in, each get 6.8% of their shares buy back. If 10% turned in, each get 34% of their shares buy back. If 3.4% turned in, each get 100% of their shares buy back. So you are so lucky that no one turned in except a few of you, you might get to sell all 31.5cts.
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n3wbie Elite	29-Nov-2016 20:56        n3wbie About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	is anyone still following this company? seems to be finding a new low everyday after the disposal and announcement of reward. am really clueless as to what' s happening to this - is it manipulated or simply a case where the market don' t understand them?
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MichaelSchenker Master	29-Nov-2016 08:30        MichaelSchenker About Contact  Quote this Post!
x 0   x 0  Alert Admin	True, therefore the logical thing to do is to apply 100% of the shares you are holding, let DeClout sort out how much they want to give you.
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investshare Supreme	29-Nov-2016 08:25        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	Even if anyone is against the scheme, it is Illogical not to tender in the shares if the scheme is approved. sheerluck      ( Date: 28-Nov-2016 20:08) Posted: If all turned in, each get 3.4% of their shares buy back. If 50% turned in, each get 6.8% of their shares buy back. If 10% turned in, each get 34% of their shares buy back. If 3.4% turned in, each get 100% of their shares buy back. So you are so lucky that no one turned in except a few of you, you might get to sell all 31.5cts.
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MichaelSchenker Master	29-Nov-2016 08:23        MichaelSchenker About Contact  Quote this Post!
x 0   x 0  Alert Admin	I guess it could be quite similar to a rights issue whereby you are allowed to subscribe excess of the 3.4% entitlement. In the end, you will be granted your entitled subscription plus, if any of your excess application. (If there are shareholders who decline their entitlement). Should be distributed evenly. Ex date of subscription is not defined as there is still an EGM to pass. Just a thought, I may stand corrected. Best is wait for further announcement. HVRRVH      ( Date: 28-Nov-2016 20:48) Posted: Not very clear as to the time line. I know there is a EGM to approve the payout? When is book closure day to accept the kind gesture? Supposedly after book closure if other shareholders diehard support didn't accept the kind gesture then other shareholders can apply for the 'excess' and revive more kind gesture than the 3.4% eligible?
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HVRRVH Elite	28-Nov-2016 20:48        HVRRVH About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not very clear as to the time line. I know there is a EGM to approve the payout? When is book closure day to accept the kind gesture? Supposedly after book closure if other shareholders diehard support didn't accept the kind gesture then other shareholders can apply for the 'excess' and revive more kind gesture than the 3.4% eligible?
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sheerluck Supreme	28-Nov-2016 20:08        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	If all turned in, each get 3.4% of their shares buy back. If 50% turned in, each get 6.8% of their shares buy back. If 10% turned in, each get 34% of their shares buy back. If 3.4% turned in, each get 100% of their shares buy back. So you are so lucky that no one turned in except a few of you, you might get to sell all 31.5cts.
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n3wbie Elite	28-Nov-2016 19:15        n3wbie About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	definitely don' t think it is great as seen by the share price performance post the announcement.. mepkoh      ( Date: 28-Nov-2016 12:08) Posted: coy rewards itself... u have to sell shares to them.. rewards means give u something ..money eg.. decloud mgt definition of reward is u sell SHARES to them.. money out..shares in..coy rewarding itself.. what a great accounting procedure to reward shareholders..SHIT n3wbie      ( Date: 28-Nov-2016 11:54) Posted: no, I believe it depends on the total number of shares being handed over to the Group. there are 674m outstanding shares, so if only half of those shares (337m) are being surrendered back to the Group, existing shareholders will have about 50% of your script handed over to Group since the deal is structured to be pro-rated. (or at least from my understanding). the buy-back of 23m shares just represents 3.4% of the total no. of outstanding shares.
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mepkoh Elite	28-Nov-2016 12:08        mepkoh About Contact  Quote this Post!
x 0   x 0  Alert Admin	coy rewards itself... u have to sell shares to them.. rewards means give u something ..money eg.. decloud mgt definition of reward is u sell SHARES to them.. money out..shares in..coy rewarding itself.. what a great accounting procedure to reward shareholders..SHIT n3wbie      ( Date: 28-Nov-2016 11:54) Posted: no, I believe it depends on the total number of shares being handed over to the Group. there are 674m outstanding shares, so if only half of those shares (337m) are being surrendered back to the Group, existing shareholders will have about 50% of your script handed over to Group since the deal is structured to be pro-rated. (or at least from my understanding). the buy-back of 23m shares just represents 3.4% of the total no. of outstanding shares. ysh2006      ( Date: 28-Nov-2016 11:37) Posted: Can clarify buy back 3.4% mean if I have 10000 shares they will buy back 340 shares from me at 31.5c ? am I correct ...?
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