F & N
Last:1.43
-0.01
F&N
Post Reply
281-300 of 972
Pak MT, though you are temporarily away.. you will always be remember and always be welcome here. There is always yin and yang, so just ignore whatever those bad stuff.. Another thing is why are you taking this so seriously? life is short bro, just do whatever you like, you like posting your prediction then post(nobody can stop you). Anyway, i enjoy reading your post. Cheers!!
MT,
We are awaiting for your 2nd set of Ultimate Prediction to be unveiled in near future. (As promised by you on 28/12)
Don't take thing so seriously.........stay on and continue your predictions.
Cheers!
MetalTrader ( Date: 28-Dec-2013 23:12) Posted:
This group of data will fail because NAV is millions, not per share NAV.
Read carefully as i always say.
Before the DIS and the Capital Reduction: 8,507 Millions.
I will not calculate for you. My 2nd set of Ultimate Prediction will be unveiled in near future.
Another thing to note: Share moved unpredictably, you are undermining F& N value by stating using data based on Millions.
There is still a long way for you to go, because you failed to include the potential of future FCL value by selling it too early.
WanSiTong ( Date: 28-Dec-2013 23:04) Posted:
F& N NAV per share based on the Pro Forma Financial Info provided by F& N dated 26/12/13 :
Before the DIS and the Capital Reduction : $ 5.90
After the DIS : $1.695
After the DIS and the Capital Reduction of 42c : $ 1.275
DIS : Distribution in specie of Frasers Centrepoint Limited (" FCL" ) shares
Hence, 1 FCL NAV = 5.90-1.695/2 = $ 2.10
***************************************************************************
PRO FORMA FINANCIAL EFFECTS OF THE CAPITAL REDUCTION
1. Assumptions. The pro forma financial effects of the Capital Reduction on the net asset value (" NAV" ) of the F& N Group, the share capital of the F& N Group and the leverage ratios of the F& N Group have been prepared based on the unaudited consolidated financial statements of the F& N Group for the financial period ended 30 September 2013 (" FY2013" ). The pro forma financial effects are purely for illustration purposes only and do not reflect the actual financial position of the F& N Group after the Capital Reduction. As the DIS has not been completed, the pro forma financial effects for FY2013 have been prepared on the assumption that the DIS and the Capital Reduction was completed on 30 September 2013.
2. NAV. The pro forma financial effects of the Capital Reduction on the NAV of the F& N Group for FY2013 are as follows: Pro forma |
Before the DIS and the Capital Reduction |
After the DIS |
After the DIS and the Capital Reduction |
NAV (S$ million) |
8,507 |
2,445 |
1,838 |
3. Share Capital. The Capital Reduction will not have any impact on the number of Shares held by the Shareholders. The pro forma financial effects of the Capital Reduction on the share capital of the Company for FY2013 are as follows: Shares (million) |
Value (S$ million) |
Share capital as at 30 September 2013 |
1,441.519 |
1,442 |
Pro forma adjusted issued share capital after the Capital Reduction and the Cash Distribution |
1,441.519 |
835 |
http://infopub.sgx.com/FileOpen/Capital_Reduction-26.12.13.ashx?App=Announcement& FileID=268972 (SGX Announcement 00068 dd 26/12/13)
|
|
|
|
Remember my post on the 9.7% minority shareholders. Some even held their shares since day 1. With the split of 1 for 5, imagine the increase in the value of their portfolio. Short term fluctuations has no significance for them. Waiting for your return.
MetalTrader ( Date: 30-Dec-2013 19:24) Posted:
| I will only be back when F&N rise to 3x above the "so called NAV". which I believe it will gradually rise above that value. |
|
Hi!
MT
Kindly cont yr posting we need yr view
as majority are fm the same school of thoughts
which cannot move market pz
we need extream view to disseminate infos
not view fm analysis with their chart works
to decide
With F& N open =S$3.35 low S$3.21 high=S$4.08 last=S$3.49 yr view r fantastic
Cheer....LOL
MetalTrader ( Date: 30-Dec-2013 19:17) Posted:
I will end all prediction, & give a ending remark later.
WanSiTong ( Date: 30-Dec-2013 17:30) Posted:
F& N today close at 3.49 which is 2.05x of NAV.....it's a great surprise to me .........
I don't think 3x NAV is a fair bet...........MT , in the first place I already mentioned that if I win you can still continue to do your predictions.
Hope everyone do not have any objection.
Huat arh!
MetalTrader ( Date: 29-Dec-2013 13:57) Posted:
I don't take back my word.
Once i spoken, it is never meant to take back :)
Your prize will be Metal Trader ceased to exist if you win.prediction, & give a ending remark later.
WanSiTong ( Date: 30-Dec-2013 17:30) Posted:
F& N today close at 3.49 which is 2.05x of NAV.....it's a great surprise to me .........
I don't think 3x NAV is a fair bet...........MT , in the first place I already mentioned that if I win you can still continue to do your predictions.
Hope everyone do not have any objection.
Huat arh!
MetalTrader ( Date: 29-Dec-2013 13:57) Posted:
I don't take back my word.
Once i spoken, it is never meant to take back :)
Your prize will be Metal Trader ceased to exist if you win.
WanSiTong ( Date: 29-Dec-2013 11:39) Posted:
Like that ah............ I still can't get any prize ?........
but don't delete " Metal Trader" as we still want to see your prediction . Huat arh |
|
|
|
|
|
|
|
MetalTrader will cease to exist from today, but will be back once F&N rise above $5.08. The day will come & then I will be back. All counters prediction will be halted with effective from today.
I will only be back when F&N rise to 3x above the "so called NAV". which I believe it will gradually rise above that value.
I wonder what will be the opening price of fcl on 9 jan....
I will end all prediction, & give a ending remark later. WanSiTong ( Date: 30-Dec-2013 17:30) Posted:
F& N today close at 3.49 which is 2.05x of NAV.....it's a great surprise to me .........
I don't think 3x NAV is a fair bet...........MT , in the first place I already mentioned that if I win you can still continue to do your predictions.
Hope everyone do not have any objection.
Huat arh!
MetalTrader ( Date: 29-Dec-2013 13:57) Posted:
I don't take back my word.
Once i spoken, it is never meant to take back :)
Your prize will be Metal Trader ceased to exist if you win.
WanSiTong ( Date: 29-Dec-2013 11:39) Posted:
Like that ah............ I still can't get any prize ?........
but don't delete " Metal Trader" as we still want to see your prediction . Huat arh |
|
|
|
|
|
well, I was surprised that it closed at $3.49, after reaching $4.08.
I would assume a rebound tomorrow after the selldown.
F& N today close at 3.49 which is 2.05x of NAV.....it's a great surprise to me ......... I don't think 3x NAV is a fair bet...........MT , in the first place I already mentioned that if I win you can still continue to do your predictions. Hope everyone do not have any objection. Huat arh! MetalTrader ( Date: 29-Dec-2013 13:57) Posted:
I don't take back my word.
Once i spoken, it is never meant to take back :)
Your prize will be Metal Trader ceased to exist if you win.
WanSiTong ( Date: 29-Dec-2013 11:39) Posted:
Like that ah............ I still can't get any prize ?........
but don't delete " Metal Trader" as we still want to see your prediction . Huat arh |
|
|
|
Is the price of 3.50 in negative or positive territory. Asia Newschannnel quote as +0.151 and SGX regards it as -2.88?
FCL not listed? luminol ( Date: 30-Dec-2013 16:42) Posted:
Well said Starlene... at the end of the day best is to DYODD. Hope MT bro can continue his predictions. They are quite informative.
starlene ( Date: 30-Dec-2013 16:34) Posted:
| Thk metaltrader for info on F&N n wansitong for the challenge with him-all in the matter of fun...winner or loser no big deal...most impt everyone here can benefit from sharing info...not just keeping info for oneself. . |
|
|
|
Well said Starlene... at the end of the day best is to DYODD. Hope MT bro can continue his predictions. They are quite informative. starlene ( Date: 30-Dec-2013 16:34) Posted:
Thk metaltrader for info on F&N n wansitong for the challenge with him-all in the matter of fun...winner or loser no big deal...most impt everyone here can benefit from sharing info...not just keeping info for oneself. ..
stockpro ( Date: 30-Dec-2013 16:06) Posted:
|
Your account has an hour left |
|
|
|
Agreed.
starlene ( Date: 30-Dec-2013 16:34) Posted:
Thk metaltrader for info on F&N n wansitong for the challenge with him-all in the matter of fun...winner or loser no big deal...most impt everyone here can benefit from sharing info...not just keeping info for oneself. ..
stockpro ( Date: 30-Dec-2013 16:06) Posted:
|
Your account has an hour left |
|
|
|
sell today still entitle 2 FCL shares right?
Not sure why 3x... MT would have been right with 2x
stockpro ( Date: 30-Dec-2013 16:06) Posted:
Your account has an hour left.
MetalTrader ( Date: 29-Dec-2013 13:57) Posted:
I don't take back my word.
Once i spoken, it is never meant to take back :)
Your prize will be Metal Trader ceased to exist if you win.
|
|
|
|
Your account has an hour left. MetalTrader ( Date: 29-Dec-2013 13:57) Posted:
I don't take back my word.
Once i spoken, it is never meant to take back :)
Your prize will be Metal Trader ceased to exist if you win.
WanSiTong ( Date: 29-Dec-2013 11:39) Posted:
Like that ah............ I still can't get any prize ?........
but don't delete " Metal Trader" as we still want to see your prediction . Huat arh |
|
|
|
So what price is exactly a reasonable valuation for F&N? Since starlene and wan si tong mention there isn't any further upside when it was about 3.90 and starlene sold out at 4 dollars? WanSiTong ( Date: 30-Dec-2013 14:45) Posted:
congratulations..........Huat arh!
starlene ( Date: 30-Dec-2013 11:26) Posted:
| Sold at $4..lucky .limited upside from here. ..pushing more for windows dressing. ..F&N PUBLISHING not doing very well...left the drinks n beverage biz...may drop back....as 3.9+3.28 +1.8x2=$10.46 >9.55 the final take over price...without the ppty biz not much upside plus Mynnmar lawsuit will weigh it down. ..take profit first |
|
|
|
Any lower is definitely a time to accumulate :) I suppose u shorted. WanSiTong ( Date: 30-Dec-2013 14:45) Posted:
congratulations..........Huat arh!
starlene ( Date: 30-Dec-2013 11:26) Posted:
| Sold at $4..lucky .limited upside from here. ..pushing more for windows dressing. ..F&N PUBLISHING not doing very well...left the drinks n beverage biz...may drop back....as 3.9+3.28 +1.8x2=$10.46 >9.55 the final take over price...without the ppty biz not much upside plus Mynnmar lawsuit will weigh it down. ..take profit first |
|
|
|
|
|
|
|
x 0 
x 0 