Pan Hong
Last:0.048
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Nav$0.64 div 2c mktcap$90m sharepx18c.low pe
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sino harbour is hk 0.48 currently..on th emove again...
bernardc ( Date: 26-Sep-2017 17:25) Posted:
today closed at 31 cts...
ready for fireworks anytime now.. |
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today closed at 31 cts...
ready for fireworks anytime now..
look like sino harbour is leading the charge....rebounded from th elow of 40 cts..
huart arghhhhhhhhhhhhhhhhhhh
blurtrader ( Date: 26-Sep-2017 15:36) Posted:
Sinoharbour trading at 47.5c HKD now, equivalent to 8c SGD. 3.51 shares = 28c
Current Pan Hong price now after distribution (31c - 28c = 3c), firing sale huh? |
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Sinoharbour trading at 47.5c HKD now, equivalent to 8c SGD. 3.51 shares = 28c
Current Pan Hong price now after distribution (31c - 28c = 3c), firing sale huh?
Good! But when is SGM?
sino harbour hkd 0.45
3,5 x..45 =hkd 1.571= 27cts sing..
pna hong trading at 30 cts..
hahhaah after dividen..pay only 3 cts for pan hong...wah no brainer
blurtrader ( Date: 20-Sep-2017 11:10) Posted:
no1 wants to buy now at 30.5c
wait till distribution confirmed, price breaks 34.5c all buyers will start to come in for free SH shares
bernardc ( Date: 18-Sep-2017 12:03) Posted:
| intereting dev....huart arghhhhhhhhhhhhhhhh |
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no1 wants to buy now at 30.5c
wait till distribution confirmed, price breaks 34.5c all buyers will start to come in for free SH shares
bernardc ( Date: 18-Sep-2017 12:03) Posted:
intereting dev....huart arghhhhhhhhhhhhhhhhh
blurtrader ( Date: 18-Sep-2017 11:14) Posted:
| Sino Harbour already at 44.5c from 41 |
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intereting dev....huart arghhhhhhhhhhhhhhhhh
blurtrader ( Date: 18-Sep-2017 11:14) Posted:
Sino Harbour already at 44.5c from 41c
bernardc ( Date: 18-Sep-2017 10:48) Posted:
just be patient..
if price tank..collect more..
when distribution is approved..ho sei liow |
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Sino Harbour already at 44.5c from 41c
bernardc ( Date: 18-Sep-2017 10:48) Posted:
just be patient..
if price tank..collect more..
when distribution is approved..ho sei liow |
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just be patient..
if price tank..collect more..
when distribution is approved..ho sei liow
not true. have bot some but will limit it as that, based on such thinking below. lidat can make informed decision to allot funds to other counters
bernardc ( Date: 15-Sep-2017 15:06) Posted:
you think too much..end up no decision..or opportunity passes..
Morello ( Date: 15-Sep-2017 15:03) Posted:
| ha..just wanna have a better idea what im in fo |
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you think too much..end up no decision..or opportunity passes..
Morello ( Date: 15-Sep-2017 15:03) Posted:
ha..just wanna have a better idea what im in for
bernardc ( Date: 15-Sep-2017 14:55) Posted:
WAH.. hahaha/...the more u predict..the lower the price. |
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ha..just wanna have a better idea what im in for
bernardc ( Date: 15-Sep-2017 14:55) Posted:
WAH.. hahaha/...the more u predict..the lower the price..
Morello ( Date: 15-Sep-2017 14:43) Posted:
| nope, mistake..market value should be 23.8 + 12.9 (50% of 25.5) = 36.7 cents. But based on SH at 30 hk cents at xd, it would be even lower. 30 hk = 5.1 cents which is 17.85 cents for 3.5 SH shares. Hence 17.85 + 12.9 = 30.75 cents. We' re about there lol |
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WAH.. hahaha/...the more u predict..the lower the price..
Morello ( Date: 15-Sep-2017 14:43) Posted:
| nope, mistake..market value should be 23.8 + 12.9 (50% of 25.5) = 36.7 cents. But based on SH at 30 hk cents at xd, it would be even lower. 30 hk = 5.1 cents which is 17.85 cents for 3.5 SH shares. Hence 17.85 + 12.9 = 30.75 cents. We' re about there lol |
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nope, mistake..market value should be 23.8 + 12.9 (50% of 25.5) = 36.7 cents. But based on SH at 30 hk cents at xd, it would be even lower. 30 hk = 5.1 cents which is 17.85 cents for 3.5 SH shares. Hence 17.85 + 12.9 = 30.75 cents. We' re about there lol
nope, mistake..market value should be 23.8 + 12.9 (50% of 25.5) = 36.7 cents. But based on SH at 30 hk cents at xd, it would be even lower. 30 hk = 17.85 cents. Hence 17.85 + 12.9 = 30.75 cents. We' re about there lol
Morello ( Date: 15-Sep-2017 13:53) Posted:
Don' t understand the price action so far. Even if Sino is at 40 hk cents, which is our 6.8 cents and after capital reduction each PH share is entitled to 3.5 sino shares (rounded down to simplify), each PH share will be entitled to SH shares worth 23.8 cents. This is just looking purely at price and not considering transaction costs and other factors. Upon XD, assume PH share will trade at 50% discount to its post-capital reduction NTA of RM1.26 per share = ~ 25.5 cents. So current market value for PH could be 23.8 + 25.5 cents = 49.3 cents. Or a cool 56% above current price!
Note PH had rarely traded above 25c in the two years prior to this cap reduction exercise, so it' s anyone' s guess on the price of PH at xd or whether there should be a larger discount to nav. Could be shares were trading at too severe a discount to nta as market was mispricing its intrinsic value and therefore management' s decision to carry out this distribution. Wanted to pose/post this when ph was recently trading at 28 cents (vested some) but now is still a good time as any cos there is still so much upside potentially. Any views anyone? |
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yes, individuals looking to offload on the hkex, that partly explains it. also recent SH px looks like played up by interested parties.
edwinjup ( Date: 15-Sep-2017 14:21) Posted:
Sino may trade below hk 30c after xall... supply much more than demand...
Morello ( Date: 15-Sep-2017 13:53) Posted:
Don' t understand the price action so far. Even if Sino is at 40 hk cents, which is our 6.8 cents and after capital reduction each PH share is entitled to 3.5 sino shares (rounded down to simplify), each PH share will be entitled to SH shares worth 23.8 cents. This is just looking purely at price and not considering transaction costs and other factors. Upon XD, assume PH share will trade at 50% discount to its post-capital reduction NTA of RM1.26 per share = ~ 25.5 cents. So current market value for PH could be 23.8 + 25.5 cents = 49.3 cents. Or a cool 56% above current price!
Note PH had rarely traded above 25c in the two years prior to this cap reduction exercise, so it' s anyone' s guess on the price of PH at xd or whether there should be a larger discount to nav. Could be shares were trading at too severe a discount to nta as market was mispricing its intrinsic value and therefore management' s decision to carry out this distribution. Wanted to pose/post this when ph was recently trading at 28 cents (vested some) but now is still a good time as any cos there is still so much upside potentially. Any views anyone? |
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Sino may trade below hk 30c after xall... supply much more than demand...
Morello ( Date: 15-Sep-2017 13:53) Posted:
Don' t understand the price action so far. Even if Sino is at 40 hk cents, which is our 6.8 cents and after capital reduction each PH share is entitled to 3.5 sino shares (rounded down to simplify), each PH share will be entitled to SH shares worth 23.8 cents. This is just looking purely at price and not considering transaction costs and other factors. Upon XD, assume PH share will trade at 50% discount to its post-capital reduction NTA of RM1.26 per share = ~ 25.5 cents. So current market value for PH could be 23.8 + 25.5 cents = 49.3 cents. Or a cool 56% above current price!
Note PH had rarely traded above 25c in the two years prior to this cap reduction exercise, so it' s anyone' s guess on the price of PH at xd or whether there should be a larger discount to nav. Could be shares were trading at too severe a discount to nta as market was mispricing its intrinsic value and therefore management' s decision to carry out this distribution. Wanted to pose/post this when ph was recently trading at 28 cents (vested some) but now is still a good time as any cos there is still so much upside potentially. Any views anyone? |
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Don' t understand the price action so far. Even if Sino is at 40 hk cents, which is our 6.8 cents and after capital reduction each PH share is entitled to 3.5 sino shares (rounded down to simplify), each PH share will be entitled to SH shares worth 23.8 cents. This is just looking purely at price and not considering transaction costs and other factors. Upon XD, assume PH share will trade at 50% discount to its post-capital reduction NTA of RM1.26 per share = ~ 25.5 cents. So current market value for PH could be 23.8 + 25.5 cents = 49.3 cents. Or a cool 56% above current price!
Note PH had rarely traded above 25c in the two years prior to this cap reduction exercise, so it' s anyone' s guess on the price of PH at xd or whether there should be a larger discount to nav. Could be shares were trading at too severe a discount to nta as market was mispricing its intrinsic value and therefore management' s decision to carry out this distribution. Wanted to pose/post this when ph was recently trading at 28 cents (vested some) but now is still a good time as any cos there is still so much upside potentially. Any views anyone?
Sino Harbour had already hit 3 months high at 46c HKD, 7.82c SGD
Awaiting for distribution confirmation annoucement to be out, PH should break 34.5c, 52 weeks high soon
