Chasen    Last:0.185    -0.002

Chasen holdings could be the next big multiplier

Polos may come in later

 

Doubt that it will reach $0.243. Buy/Sell trade only $0.066. If can rocket up from this price, a lot of shareholders who are still holding this counter will benefit.

 

book value only $0.16. Sale above book value.

Chansenghoe1971      ( Date: 25-Dec-2023 22:16) Posted: Yeap. This sale will bloat the book value to $0.243 ($94m/387m shares). Will gap up at opening. No need speculation. Just watch it.

 

For those in single digit, I believe high chance to at least double

eddyeddy      ( Date: 26-Dec-2023 07:00) Posted: After holding for 2 yrs , finally the reward is coming.

 

After holding for 2 yrs , finally the reward is coming.

 

Do you know fake news can also pump the price up? Aspen Released a fake Honeywell give contract. Remember this? Chasen board members are of high integrity. They are professional and kept this under lid. No irregular movement. They would not announce if nothing concrete. (Go check my much much earlier post).
Using brain and not using brain, we will see.

machidrain      ( Date: 25-Dec-2023 18:51) Posted: use your brain to think la. why they want to spend this amount to takeover. just slowly accumulate from outside market is good. since ssh only 13%. this deal is fishy.

 

Yeap.
This sale will bloat the book value to $0.243 ($94m/387m shares). Will gap up at opening. No need speculation. Just watch it.

 

CHASEN: Eye-catching buyout is Xmas present for shareholders?

https://www.nextinsight.net/story-archive-mainmenu-60/946-2023/15497-chasen-eye-catching-buyout-is-xmas-present-for-shareholders
 

 

I don' t doubt the deal but I just doubt Chasen will reward the shareholders in the end 

machidrain      ( Date: 25-Dec-2023 18:51) Posted: use your brain to think la. why they want to spend this amount to takeover. just slowly accumulate from outside market is good. since ssh only 13%. this deal is fishy.

 

Ok. You may short when it is going up.

machidrain      ( Date: 25-Dec-2023 18:51) Posted: use your brain to think la. why they want to spend this amount to takeover. just slowly accumulate from outside market is good. since ssh only 13%. this deal is fishy.

 

use your brain to think la. why they want to spend this amount to takeover. just slowly accumulate from outside market is good. since ssh only 13%. this deal is fishy.

 

It used to be 30/40 cents shares in the past.
Let s enjoy the show.

SmallSmall      ( Date: 25-Dec-2023 18:42) Posted: The point is if the deal goes through (which I do believe it is likely), the high NAV / cash value is irrelevant if they are not going to reward shareholders by giving special dividend. Nothing was mentioned about declaring special payouts to shareholders and I doubt they will u less proven otherwise.   Chansenghoe1971      ( Date: 25-Dec-2023 18:05) Posted: Total in the hands of vested parties are way more than that. Anyway, not many people buy this for dividends. If want dividend probably Venture is a better bet. True to certain extent about 50 odd percent in public hands and this will offer liquidity for some players to come in.

 

The point is if the deal goes through (which I do believe it is likely), the high NAV / cash value is irrelevant if they are not going to reward shareholders by giving special dividend.
Nothing was mentioned about declaring special payouts to shareholders and I doubt they will u less proven otherwise.

 

Chansenghoe1971      ( Date: 25-Dec-2023 18:05) Posted: Total in the hands of vested parties are way more than that. Anyway, not many people buy this for dividends. If want dividend probably Venture is a better bet. True to certain extent about 50 odd percent in public hands and this will offer liquidity for some players to come in. SmallSmall      ( Date: 25-Dec-2023 17:31) Posted: Only issue I have with Chasen is the SS shareholdings.  The biggest SS holds only 13.15% of the company. So it is not in his interest to distribute special dividends to the shareholders (if one can remember what happened to Advanced Holding and Jubilee) They would rather retain the cash within the company and " utilize" it for certain party' s interests. So special dividends if any would be tiny.

 

reminds me of addvalue tech. that time want to sell for 330Milliion. chiong up then down till now. dyodd. deal high chance wont go through.

 

Total in the hands of vested parties are way more than that. Anyway, not many people buy this for dividends. If want dividend probably Venture is a better bet. True to certain extent about 50 odd percent in public hands and this will offer liquidity for some players to come in.

SmallSmall      ( Date: 25-Dec-2023 17:31) Posted: Only issue I have with Chasen is the SS shareholdings.  The biggest SS holds only 13.15% of the company. So it is not in his interest to distribute special dividends to the shareholders (if one can remember what happened to Advanced Holding and Jubilee) They would rather retain the cash within the company and " utilize" it for certain party' s interests. So special dividends if any would be tiny.

 

Lian Beng, many stocks that delisted with majority owner of over 50 percent only act with their own interests, and totally ignored minority shareholders interest . Isn' t it worst. At least chasen ceo don' t hold majority, so he can' t do anything he likes. 

SmallSmall      ( Date: 25-Dec-2023 17:31) Posted: Only issue I have with Chasen is the SS shareholdings.  The biggest SS holds only 13.15% of the company. So it is not in his interest to distribute special dividends to the shareholders (if one can remember what happened to Advanced Holding and Jubilee) They would rather retain the cash within the company and " utilize" it for certain party' s interests. So special dividends if any would be tiny.

 

Only issue I have with Chasen is the SS shareholdings. 
The biggest SS holds only 13.15% of the company.
So it is not in his interest to distribute special dividends to the shareholders (if one can remember what happened to Advanced Holding and Jubilee)
They would rather retain the cash within the company and " utilize" it for certain party' s interests.
So special dividends if any would be tiny.
 

 

Don?t worry. Such big story. There are a number of boutique players mopping it tmr. Retail buyers will be left in the dust. Expect sgx query to follow soon. Should have some legs to run for days and even weeks if reply to query has positive vibes.

Godwinlow      ( Date: 25-Dec-2023 13:38) Posted: Those who long chasen, buy. Those talk down chasen, short. Those who want nothing with chasen but got existing share, can sell to break even. Make all your words become actions!

 

Moment of truth tmr....

Roll the dice

Once get out, don get stuck again

Merry Christmas everyone

Godwinlow      ( Date: 25-Dec-2023 13:35) Posted: Tomorrow big day

 

Those who long chasen, buy. Those talk down chasen, short. Those who want nothing with chasen but got existing share, can sell to break even. Make all your words become actions!