Sino Grandness    Last:0.02   -

Relevant Information on Sino Grandness & Garden Fr

I seek the witness of everyone who view the thread here, I am not disturbing you in that thread and personally had taken the initiative to open another thread to discuss on Sino Grandness.

HHL: GET LOST.

thanks to all.

 

Think, I made myself veri clear, you may post what you want in that Sino Grandness thread.

I am not disturbing you there.

This thread, I opened mainly for those supporters to share relevant new information.

Unless, you really so thick skin, still wan come in a new thread to busybody, really loss of words ...

Thanks.
Please get lost.

HuathuatLeo      ( Date: 30-Jun-2017 15:58) Posted: wow, cheap getting cheaper leh. Can accumulate leh. now lower PE then 3 days ago. maybe park basket at 20cts to collect rambutan. SgTrader17      ( Date: 30-Jun-2017 15:23) Posted: As quoted: This is irrelevant information. Pls go to that history thread for history. Thank you.

 

wow, cheap getting cheaper leh. Can accumulate leh. now lower PE then 3 days ago. maybe park basket at 20cts to collect rambutan.

SgTrader17      ( Date: 30-Jun-2017 15:23) Posted: As quoted: This is irrelevant information. Pls go to that history thread for history. Thank you. pepperfox      ( Date: 30-Jun-2017 14:10) Posted: relevant info?  isnt taht what we have been doing? lol

 

As quoted:

This is irrelevant information.
Pls go to that history thread for history.

Thank you.

pepperfox      ( Date: 30-Jun-2017 14:10) Posted: relevant info?  isnt taht what we have been doing? lol

 

relevant info? 

isnt taht what we have been doing? lol

 

Yup. Often will share his views via that channel.

It's good for us to read and understand more, get more information.

With US Mkt down yesterday, today's shortfall of 1cts isn't any surprise at all.

Hope can see a reversal soon.

Superkilat      ( Date: 30-Jun-2017 11:52) Posted: I am awaiting loquat fan to publish its next article in nextinsight. Soon be coming soon.

 

I am awaiting loquat fan to publish its next article in nextinsight. Soon be coming soon.

 

The CB agreement is positive in that it puts SG on a stronger financial footing with the partial bond repayment and  extension of the balance over a longer period of 30 months and at a much lower interest rate.

The  main issue however lies in the uncertain timeframe of the IPO if ever it happens. It is quite interesting to note that  the IPO dream has been ongoing for several years now and yet there isn' t any light at the end of the tunnel yet. And even more interesting is that the bondholders who have been supporting SG since 2011 continue to believe that the IPO dream is still on. Given the fact that they would have done their due diligence and have access to more info than us about SG,  there is  reason to believe that the IPO is still a strong possibility. Of course, we must not forget that they are compensated by the 7% annual return in the event that the IPO does not materialise. But it  demonstrates their confidence in the company and its business fundamentals.

Another interesting point about the CB agreement is the allowance for  New Investor Qualifying Share which open the way for a new strategic investor to come in. The minimum subscription amount is equivalent to the amount owing to the bondholders. Is this in the immediste pipeline or merely an extra option for SG to consider?

​ Reducing its  debt burden and having a  stronger balance sheet  at the expense of faster growth can  actually be a good thing  as it better allow  SG to withstand any financial shocks and  business slowdown.  While the IPO dream is till ongoing, how well the price performs will be  dependent on how well SG executes its business strategy of diversifying into  non-beverage business and not being overreliant on a single product segment. 

 

I bought some at 0.27

SgTrader17      ( Date: 30-Jun-2017 10:31) Posted: Bought some at 0.26 Bought some at 0.245 Wait for news. investshare      ( Date: 30-Jun-2017 09:56) Posted: You accumulate further

 

Bought some at 0.26

Bought some at 0.245

Wait for news.

investshare      ( Date: 30-Jun-2017 09:56) Posted: You accumulate further? SgTrader17      ( Date: 30-Jun-2017 09:34) Posted: This thread is meaningful for all longists supporting Sino Grandness and believe in its growth going forward. . History is only in the classroom Hope today's price will show some strength. Accumulations still ongoing ...

 

You accumulate further?

SgTrader17      ( Date: 30-Jun-2017 09:34) Posted: This thread is meaningful for all longists supporting Sino Grandness and believe in its growth going forward. . History is only in the classroom Hope today's price will show some strength. Accumulations still ongoing ...

 

This thread is meaningful for all longists supporting Sino Grandness and believe in its growth going forward. .
History is only in the classroom

Hope today's price will show some strength.

Accumulations still ongoing ...

 

I like this counter, will accum using CPF

SgTrader17      ( Date: 29-Jun-2017 23:54) Posted: This thread is open by me now, to share information ongoing and updates on Sino Grandness and Garden Fresh developments. For Longists and investors of Sino Grandness and Garden Fresh. Those ppl who loves talking of history, there's another history thread available for you, pls refrain from posting history here, Cos I graduated from secondary school damn long time ago. Thank you. Longists and investors of Sino Grandness n Garden Fresh, good luck and huat ahh..... !!

 

This thread is open by me now, to share information ongoing and updates on Sino Grandness and Garden Fresh developments.

For Longists and investors of Sino Grandness and Garden Fresh.

Those ppl who loves talking of history, there's another history thread available for you, pls refrain from posting history here,
Cos I graduated from secondary school damn long time ago.

Thank you.

Longists and investors of Sino Grandness n Garden Fresh, good luck and huat ahh..... !!