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Wilton Resources (5F7)

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Shareskiat89
    04-Mar-2020 16:12  
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i think by now, most shorts already covered back.

this 1 today so strong, who dare to leave it to closing to cover

Starwar88      ( Date: 04-Mar-2020 15:53) Posted:

Shortist need to cover. If BB absorbed all the shorts, shortist will be forced to cover higher. Looks like the case now as prices stable around 44/45.

Grubber      ( Date: 04-Mar-2020 15:52) Posted:

wow many shortists today can close 50 n above


 
 
Lucas4
    04-Mar-2020 16:10  
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ips and amplefied traders all come here
 
 
superstartup
    04-Mar-2020 16:08  
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I think this guy is reading this forum.
Changed Ask to 1.9m instead after my posting.

superstartup      ( Date: 04-Mar-2020 16:05) Posted:

Fake Ask observed at 48.
Just now was at 47.
(That 2m Sell is so suspicious.)

My observations.

 

 
Lucas4
    04-Mar-2020 16:08  
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power counter today
 
 
easywin
    04-Mar-2020 16:07  
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Before SGX query must  push up  fast.
 
 
superstartup
    04-Mar-2020 16:05  
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Fake Ask observed at 48.
Just now was at 47.
(That 2m Sell is so suspicious.)

My observations.
 

 
Gknight
    04-Mar-2020 16:02  
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spec stock... up or down? already 58%..
 
 
easywin
    04-Mar-2020 16:02  
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already 4pm liow, BBs action please .
 
 
Starwar88
    04-Mar-2020 16:01  
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Lol. If really like what u hope for, think can easily break 50 nearer to 5pm.

superstartup      ( Date: 04-Mar-2020 15:58) Posted:

No la.
Still early.
Shortists should consider double Shorts. Triple better.

Lai.

Starwar88      ( Date: 04-Mar-2020 15:53) Posted:

Shortist need to cover. If BB absorbed all the shorts, shortist will be forced to cover higher. Looks like the case now as prices stable around 44/45


 
 
superstartup
    04-Mar-2020 15:58  
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No la.
Still early.
Shortists should consider double Shorts. Triple better.

Lai.

Starwar88      ( Date: 04-Mar-2020 15:53) Posted:

Shortist need to cover. If BB absorbed all the shorts, shortist will be forced to cover higher. Looks like the case now as prices stable around 44/45.

Grubber      ( Date: 04-Mar-2020 15:52) Posted:

wow many shortists today can close 50 n above


 

 
easywin
    04-Mar-2020 15:56  
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Hope can earn easy money from this counter, waiting to unload to BBs
 
 
Starwar88
    04-Mar-2020 15:53  
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Shortist need to cover. If BB absorbed all the shorts, shortist will be forced to cover higher. Looks like the case now as prices stable around 44/45.

Grubber      ( Date: 04-Mar-2020 15:52) Posted:

wow many shortists today can close 50 n above

 
 
Grubber
    04-Mar-2020 15:52  
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wow many shortists today can close 50 n above
 
 
SmallSmall
    04-Mar-2020 15:48  
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Wilton Resources still owns 92.86% listed Indonesina Wilton Makur Indonesia Tbk after monetizing about 1.85% comprising 287,313,500 shares @ IDR 209 raking in proceeds of S$5.83 mil on 28 Feb 2020.
Its 92.85% stake in listed Wilton Makur is still worth a whopping S$448 mil based on clsoing price IDR 320) translating to  S$0.175  per Wilton Resrces share. (based on Wilton Resources outstanding shares of 2,561,700,000) 
And these are marketable JSE listed company shares and not some unquoted securities.
Stricting on NTA play, this company is grossly undervalued. Perhaps this is the reason why Pheim Asset Management took a 125 mil placement last Oct @ $0.0261
This is pretty similar to IPS initial stage where a major positive event triggers off interests in an otherwise illquid dead stock leading to its explosive upwards moves.
First mover advantage. Your money your call :)

superstartup      ( Date: 04-Mar-2020 15:35) Posted:

Wilton sold 1.85% (one point eight-five %) holdings in listed subsidiary for around S$5.9m (announced via SGX on 28 Feb 2020).

Remaining stakes = 92.86%

BTW, the sale of 1.85% stake is at Rp 209 per share.
The price for the listed subsidiary is now Rp 320 per share (see market price).


(Just sharing. Am vested)
 

superstartup      ( Date: 03-Mar-2020 16:15) Posted:

28 February 2020

Wilton' s wholly owned subsidiary sold  287,313,500 shares of  PT Wilton Makmur Indonesia TBK (&ldquo PT WMI&rdquo ) (formerly known as PT Renuka Coalindo TBK) at Rp209 per share via transfer of share agreement. This is a small % of Wilton' s holdings. Sold 1.85% only.
Wilton' s effective shareholding interest in PT WMI has decreased from 94.71% to 92.86% immediately after the Sale. 

Sale Proceeds =  287.313.500 x Rp209
= Rp60 Billion
= S$ 5.9m, using exchange rate of 10,200
(for 1.85% holdings only)


28 February 2020

RELEASE OF ANNOUNCEMENT BY A SUBSIDIARY ON THE INDONESIA STOCK EXCHANGE - INFORMATION DISCLOSURE OF CERTAIN SHAREHOLDER IN RELATION TO DISPOSAL OF SHARES IN SUBSIDIARY   

The board of directors (&ldquo Board&rdquo ) of Wilton Resources Corporation Limited (the &ldquo Company&rdquo ) wishes to inform shareholders of the Company that PT Wilton Makmur Indonesia TBK (&ldquo PT WMI&rdquo ) (formerly known as PT Renuka Coalindo TBK), the Company&rsquo s subsidiary listed on the Indonesia Stock Exchange (&ldquo IDX&rdquo ), had on 28 February 2020, released an announcement on the IDX entitled &ldquo Information Disclosure of Certain Shareholders&rdquo (&ldquo IDX Announcement&rdquo ). The IDX Announcement is required of PT WMI as a listed company on the IDX, pursuant to Financial Services Authority Number 60 / POJK.04 / 2015. The IDX Announcement contains, inter alia, the disclosure of information of certain shareholder of PT WMI, namely Wilton Resources Holdings Pte. Ltd. (&ldquo WRH&rdquo ) (a wholly-owned subsidiary of the Company), in respect to WRH&rsquo s disposal of 287,313,500 shares of PT WMI (&ldquo WRH Share Sale&rdquo ). An english translated version of the IDX Announcement is attached with this announcement. The IDX Announcement can be found on PT WMI&rsquo s corporate website in the link below:- http://www.wilton.id The Company&rsquo s effective shareholding interest in PT WMI has decreased from 94.71% to 92.86% immediately after the WRH Share Sale. 

https://links.sgx.com/FileOpen/Wilton_Information%20Disclosure%20of%20Certain%20Shareholders.ashx?App=Announcement& FileID=598543

(Please perform your own due diligence)


 
 
superstartup
    04-Mar-2020 15:35  
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Wilton sold 1.85% (one point eight-five %) holdings in listed subsidiary for around S$5.9m (announced via SGX on 28 Feb 2020).

Remaining stakes = 92.86%

BTW, the sale of 1.85% stake is at Rp 209 per share.
The price for the listed subsidiary is now Rp 320 per share (see market price).


(Just sharing. Am vested)
 

superstartup      ( Date: 03-Mar-2020 16:15) Posted:

28 February 2020

Wilton' s wholly owned subsidiary sold  287,313,500 shares of  PT Wilton Makmur Indonesia TBK (&ldquo PT WMI&rdquo ) (formerly known as PT Renuka Coalindo TBK) at Rp209 per share via transfer of share agreement. This is a small % of Wilton' s holdings. Sold 1.85% only.
Wilton' s effective shareholding interest in PT WMI has decreased from 94.71% to 92.86% immediately after the Sale. 

Sale Proceeds =  287.313.500 x Rp209
= Rp60 Billion
= S$ 5.9m, using exchange rate of 10,200
(for 1.85% holdings only)


28 February 2020

RELEASE OF ANNOUNCEMENT BY A SUBSIDIARY ON THE INDONESIA STOCK EXCHANGE - INFORMATION DISCLOSURE OF CERTAIN SHAREHOLDER IN RELATION TO DISPOSAL OF SHARES IN SUBSIDIARY   

The board of directors (&ldquo Board&rdquo ) of Wilton Resources Corporation Limited (the &ldquo Company&rdquo ) wishes to inform shareholders of the Company that PT Wilton Makmur Indonesia TBK (&ldquo PT WMI&rdquo ) (formerly known as PT Renuka Coalindo TBK), the Company&rsquo s subsidiary listed on the Indonesia Stock Exchange (&ldquo IDX&rdquo ), had on 28 February 2020, released an announcement on the IDX entitled &ldquo Information Disclosure of Certain Shareholders&rdquo (&ldquo IDX Announcement&rdquo ). The IDX Announcement is required of PT WMI as a listed company on the IDX, pursuant to Financial Services Authority Number 60 / POJK.04 / 2015. The IDX Announcement contains, inter alia, the disclosure of information of certain shareholder of PT WMI, namely Wilton Resources Holdings Pte. Ltd. (&ldquo WRH&rdquo ) (a wholly-owned subsidiary of the Company), in respect to WRH&rsquo s disposal of 287,313,500 shares of PT WMI (&ldquo WRH Share Sale&rdquo ). An english translated version of the IDX Announcement is attached with this announcement. The IDX Announcement can be found on PT WMI&rsquo s corporate website in the link below:- http://www.wilton.id The Company&rsquo s effective shareholding interest in PT WMI has decreased from 94.71% to 92.86% immediately after the WRH Share Sale. 

https://links.sgx.com/FileOpen/Wilton_Information%20Disclosure%20of%20Certain%20Shareholders.ashx?App=Announcement& FileID=598543

(Please perform your own due diligence)

 

 
SmallSmall
    04-Mar-2020 15:32  
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Last call to the shortists to cover. Try double long instead :)
 
 
Starwar88
    04-Mar-2020 15:28  
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Support at 43 looks strong. If short maybe 45 and cover 44. Not much meat for shortist.

uiop1223      ( Date: 04-Mar-2020 15:13) Posted:

I tried... not easy and not worth the efforts to monitor

Wind22i      ( Date: 04-Mar-2020 15:12) Posted:

can short this sucker? u know this company is nothing good... just artificial pump up


 
 
Grubber
    04-Mar-2020 15:19  
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lai 50
 
 
superstartup
    04-Mar-2020 15:15  
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Confirm can.
Lai.

Wind22i      ( Date: 04-Mar-2020 15:12) Posted:

can short this sucker? u know this company is nothing good... just artificial pump up

 
 
uiop1223
    04-Mar-2020 15:13  
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I tried... not easy and not worth the efforts to monitor

Wind22i      ( Date: 04-Mar-2020 15:12) Posted:

can short this sucker? u know this company is nothing good... just artificial pump up

 
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