| Latest Forum Topics / Accordia Golf Tr |
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pkli899
Supreme |
25-Jun-2020 14:33
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From passed years the way they manipulate the DPU, can see a lot hanky panky. Really must scrutinize the deal. |
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pkli899
Supreme |
25-Jun-2020 14:28
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Yes, non binding and from interested party. Valuation also done joiningly by a related party. So much $$ spent.................very fishy, complicated affair.  |
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gabrielloh87
Member |
25-Jun-2020 14:26
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anything is a possibility but this is highly unlikely given the amount they have spent so far, it indicates that they are already at an advanced stage of discussions. If not , it would have terminated few months back. The silver lining is the offeror is the largest shareholder themselves so they are also inclined not to sink the whole boat.
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gabrielloh87
Member |
25-Jun-2020 14:15
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they don' t need to especially when it' s a non binding offer. Typically NDA' s are signed so they aren' t allowed to disclose information beyond the two parties.
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pkli899
Supreme |
25-Jun-2020 14:13
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LOL. True. So much effort, time and money spent already. I strongly believed the deal is on, from what the hint I got from the latest announcement. Now is only see at what price is the offer.  
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JoeJordan
Member |
25-Jun-2020 14:09
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I supposed when somebody expressed imterest in buying something, they need to show proof of a financial bank guarantee. Otherwise, who would want to open the books for them to do due diligence? |
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Calmroom
Master |
25-Jun-2020 14:00
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If that were true, I doubt they would have let things drag on for so long to reach the current advanced stage. Until Accordia ended up  with such a huge expense bill. But if they walk away, they should offer to foot  the SGD 4.7m bill plus add a generous ' tip' as compensation. Then investors can get double special distributions. :)  
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chengwh1
Elite |
25-Jun-2020 13:23
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I suspect the IFA may say the deal is a no-go ! The vendor may not have ' enough resources' in this climate,... | ||||
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Calmroom
Master |
25-Jun-2020 12:22
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Same opinion. Even with a crazy low ball offer of $0.70, that' s still 12.9% higher than the last done price at $0.62.  
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gabrielloh87
Member |
25-Jun-2020 09:26
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true, good point, now it' s just a waiting game.
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pkli899
Supreme |
25-Jun-2020 09:25
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According to their most recent announcement, latest by next Tuesday should hear from them. Those who want to gain from this stock must buy within this 4 sessions (including today). |
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pkli899
Supreme |
25-Jun-2020 09:10
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Probably will move only when see firm offer presented. Anyway, any offer that' s around it' s NAV should be rejected!
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Calmroom
Master |
25-Jun-2020 08:57
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Strange to see unit price trading so close to $0.60. After the SGD 4.7m spent (ouch) and the incoming ' special' dividend, do sellers truly believe the offer price could be so low as 60c plus?  
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laksaman57
Supreme |
25-Jun-2020 08:53
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VOTE NO !
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laksaman57
Supreme |
25-Jun-2020 08:19
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BIG difference is AGT is pandemic-proof while Challenger and other reits is not. Its dpu forever.
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gabrielloh87
Member |
24-Jun-2020 17:36
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realistically speaking, if the offer is at 0.76, i think most investors would say yes in current climate.  the most recent privatisation failure was for challenger and now their share price has tanked below the offer price.
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Starship
Supreme |
24-Jun-2020 16:00
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Goldfinger
Supreme |
24-Jun-2020 15:55
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They will delist here and relist in Japan at $1.50 per share.
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Starship
Supreme |
24-Jun-2020 15:53
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Calmroom
Master |
24-Jun-2020 15:18
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If they dare offer us only the NAV of $0.73, HIBIKI WILL SEND NINJAS to their head office! LOL!!!
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