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mrwise Supreme	29-Jun-2020 10:04        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Congrats to all who bought this! May have further upside as price still not that fantastic!
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SmallSmall Supreme	29-Jun-2020 09:55        SmallSmall About Contact  Quote this Post!
x 0   x 0  Alert Admin	Congrats PRESS RELEASE Page 1 of 6 Accordia Golf to acquire Accordia Golf Trust&rsquo s 88 golf courses in Japan for S$804.1 million &bull Follows a wide market testing process involving solicitation of competing proposals by the Joint Financial Advisors, on behalf of AGT&rsquo s Independent Committee &bull Purchase Consideration of JPY 61,800 million (S$804.1 million1 ) translates to an implied purchase consideration of S$0.732 per unit of AGT2 (&ldquo Unit&rdquo ), which represents: o a premium of 5.1% and 12.9% over AGT&rsquo s adjusted net asset value3 of JPY 58,787 million (S$764.9 million) and adjusted net tangible assets3 of JPY 54,741 million (S$712.3 million) as at 31 March 2020, respectively o a premium of 21.8%, 28.0%, and 31.5% over the VWAP of the Units in the 1-month, 3-month, and 6-month periods prior to and including the closing unit price on 27 November 20194 , respectively &bull Preliminary indication of the TK Interests Valuation5 from D& P, a valuer appointed by AGT&rsquo s Independent Committee, is between JPY 52,052 million (approximately S$677.3 million) and JPY 59,497 million (approximately S$774.2 million) as at 31 May 2020. Purchase Consideration represents a premium of between 3.9% and 18.7% to the Indicative TK Interests Valuation Range5 &bull Opportunity for AGT unitholders to receive cash distribution from the proceeds6
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pkli899 Supreme	29-Jun-2020 09:54        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agree with u. Halt may not necessarily means offer is on the table. Can be call off of offer. Touch wood.  Hope they also announce the special dividend. chengwh1      ( Date: 29-Jun-2020 09:47) Posted: Yeah bros,.... Hmm.... AGT can announce one of four things though... 1) a good offer at or above 71c p unit. 2) a bad offer below 71c p unit. 3) a No-Go for this initiative. 4) a request for further extension for more studies needed. 1) and 2) above will be highly likely since a Trading Halt has been called. 3) is a possiblity, but if it' s a No-Go, the Trustee-Mgr would just outright say it' s a No-Go without calling for a halt to jam unit price movement. If it' s a 4).... hehehe,... the whole world will laugh at our regulators,... Ann' t should be around lunchtime today or slightly beyond lunchtime if trading is to resume at 2 pm. Sorry for the font-irregularities,... I actually shared over some details in the above from another chat group and after copying and pasting, the fonts turned out like this.
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chengwh1 Elite	29-Jun-2020 09:47        chengwh1 About Contact  Quote this Post!
x 1   x 0  Alert Admin	Yeah bros,.... Hmm.... AGT can announce one of four things though... 1) a good offer at or above 71c p unit. 2) a bad offer below 71c p unit. 3) a No-Go for this initiative. 4) a request for further extension for more studies needed. 1) and 2) above will be highly likely since a Trading Halt has been called. 3) is a possiblity, but if it' s a No-Go, the Trustee-Mgr would just outright say it' s a No-Go without calling for a halt to jam unit price movement. If it' s a 4).... hehehe,... the whole world will laugh at our regulators,... Ann' t should be around lunchtime today or slightly beyond lunchtime if trading is to resume at 2 pm. Sorry for the font-irregularities,... I actually shared over some details in the above from another chat group and after copying and pasting, the fonts turned out like this.
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laksaman57 Supreme	29-Jun-2020 09:40        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Japan retail reit are finished. Golf Trust is priceless https://www.straitstimes.com/business/economy/japan-retail-sales-fall-sharply-in-may-as-lockdown-measures-hit-demand "TOKYO (REUTERS) - Retail sales in Japan tumbled at a double-digit pace for the second straight month in May as the coronavirus pandemic and lockdown measures delivered a heavy blow to consumer confidence."
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prophetjul Master	29-Jun-2020 09:13        prophetjul About Contact  Quote this Post!
x 0   x 0  Alert Admin	Very excited!  HHope the offer will be good!  chengwh1      ( Date: 29-Jun-2020 07:52) Posted: Morninrg bros,... REQUEST FOR TRADING HALT ! Things are getting excitnig,....  sometimes,.. investing is not all abt the money. It' s the excitement too,... Maslow' s Hierarchy of Needs,...
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gabrielloh87 Member	29-Jun-2020 08:27        gabrielloh87 About Contact  Quote this Post!
x 0   x 0  Alert Admin	good luck to all here. Huat ah! chengwh1      ( Date: 29-Jun-2020 07:52) Posted: Morninrg bros,... REQUEST FOR TRADING HALT ! Things are getting excitnig,....  sometimes,.. investing is not all abt the money. It' s the excitement too,... Maslow' s Hierarchy of Needs,...
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chengwh1 Elite	29-Jun-2020 07:52        chengwh1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Morninrg bros,... REQUEST FOR TRADING HALT ! Things are getting excitnig,....  sometimes,.. investing is not all abt the money. It' s the excitement too,... Maslow' s Hierarchy of Needs,...
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chengwh1 Elite	29-Jun-2020 01:36        chengwh1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Actually,... if you read the ann' ts carefully,... AGT has one more right to ann' ts by this end-June : they can still announce an extension to their due diligence activities by end-June, which means they needed more time to work on this. But,... this time, they have to give a final date to provide a go or no-go decision. Calmroom      ( Date: 29-Jun-2020 00:05) Posted: If called off, shouldn' t there be a juicy compensation on top of the special distribution? :P chengwh1      ( Date: 28-Jun-2020 23:57) Posted: This is true. .. That' s why I said a few days ago,.. this deal may be called off,... with Hibiki in the picture now,... buyer may hesitate to offer a low price,... hence, better not to offer,... jmho
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Calmroom Master	29-Jun-2020 00:05        Calmroom About Contact  Quote this Post!
x 0   x 0  Alert Admin	If called off, shouldn' t there be a juicy compensation on top of the special distribution? :P chengwh1      ( Date: 28-Jun-2020 23:57) Posted: This is true. .. That' s why I said a few days ago,.. this deal may be called off,... with Hibiki in the picture now,... buyer may hesitate to offer a low price,... hence, better not to offer,... jmho. Goldfinger      ( Date: 28-Jun-2020 22:23) Posted: The big difference now - is that we may have found a strong and anti-Accordia Golf low-ball offer champion in Hibiki. And that makes the world of difference I think.
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chengwh1 Elite	28-Jun-2020 23:57        chengwh1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	This is true. .. That' s why I said a few days ago,.. this deal may be called off,... with Hibiki in the picture now,... buyer may hesitate to offer a low price,... hence, better not to offer,... jmho. Goldfinger      ( Date: 28-Jun-2020 22:23) Posted: The big difference now - is that we may have found a strong and anti-Accordia Golf low-ball offer champion in Hibiki. And that makes the world of difference I think.
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Calmroom Master	28-Jun-2020 23:18        Calmroom About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hmm. A new thought: Trading volume was 4,345,500 units on 24th. 4,396,100 units combined for 25th and 26th. So maybe contra buyers got ' sabotaged' by plunging US indices and dumped what they bought on 24th as market sentiment soured.
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Goldfinger Supreme	28-Jun-2020 22:23        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	The big difference now - is that we may have found a strong and anti-Accordia Golf low-ball offer champion in Hibiki. And that makes the world of difference I think.
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chengwh1 Elite	28-Jun-2020 22:05        chengwh1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The price couldn' t advance further because of selling pressure. If the sell volume is big, it only means the mkt in general does not believe a good GO is coming,... which means,... either the offer would be called-off,.. or the offer price is very low which may then cause the offer to be voted out too. Times are getting bad again,... this is also effecting sentiments. OTOH, if the selling volume is small,... then related parties to the buyer may be at play here. Calmroom      ( Date: 28-Jun-2020 21:36) Posted: If sellers keep blocking the rally, it could make even a low offer look acceptable. :( But imagine the pressure on the buyer if the last traded price is near $0.70 before the trading halt. :) Why not let the price rally first, then dump to get better profits if they believe the deal is off? Wonder whose side these sellers are on....
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Calmroom Master	28-Jun-2020 21:36        Calmroom About Contact  Quote this Post!
x 0   x 0  Alert Admin	If sellers keep blocking the rally, it could make even a low offer look acceptable. :( But imagine the pressure on the buyer if the last traded price is near $0.70 before the trading halt. :) Why not let the price rally first, then dump to get better profits if they believe the deal is off? Wonder whose side these sellers are on....
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pkli899 Supreme	26-Jun-2020 20:01        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Laugh die me!  Starship      ( Date: 26-Jun-2020 17:29) Posted: pkli899      ( Date: 26-Jun-2020 11:17) Posted: Agreed. Don' t expect top dollar offer.....likely a cheapo one. In that case, we will need Hibiki to initiate action
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pkli899 Supreme	26-Jun-2020 19:59        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	This about 10% above NAV. gabrielloh87      ( Date: 26-Jun-2020 17:14) Posted: Looking at minimum of 80 cents would be a reasonable offer.
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Starship Supreme	26-Jun-2020 17:29        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	pkli899      ( Date: 26-Jun-2020 11:17) Posted: Agreed. Don' t expect top dollar offer.....likely a cheapo one. In that case, we will need Hibiki to initiate action. Goldfinger      ( Date: 26-Jun-2020 09:22) Posted: Actually - Hope they go away and start a bidding war with some China players.  Accordia unlikely to pay top dollar. But, very very good to see that Hibiki is not on Accordia camp, and may actually be quite distrustful.  We may have a champion that can rally us all.  And they can be a very decisive block.
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Starship Supreme	26-Jun-2020 17:28        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	mrwise      ( Date: 26-Jun-2020 16:40) Posted: $1 coming!
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Starship Supreme	26-Jun-2020 17:26        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	Calmroom      ( Date: 26-Jun-2020 17:00) Posted: Start from $0.88. Then Hibiki writes a " lovely" letter. Then offer shoots up to  $1.88. LOL... mrwise      ( Date: 26-Jun-2020 16:46) Posted: The Final show time! $1
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