Yes. The ability to cash out greatly boost the value of it. Especially when it is trading way way below its NAV. At closing price of $0.29. Pan Hong share is close to like FOC after distribution. Expect it to surge closer towards its NAV in the weeks ahead. 
This distribution  will probably take minimum a couple of weeks to settle. So expect to hold.
This distribution  will probably take minimum a couple of weeks to settle. So expect to hold.
bernardc ( Date: 28-Aug-2017 12:14) Posted:
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put hong..
bah bah
explode
bah bah
explode
Morello ( Date: 28-Aug-2017 12:59) Posted:
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step 1 - pan hong, step 2- lao hong, step 3 - bo hong...joking only
yeah..i agree..
some may say this is just readjustment where/how value is distributed..
any way one great way of releasing the value of the asset back to the shareholders..
u decide whether to cash out...rather then just a line in the  coy asset.
some may say this is just readjustment where/how value is distributed..
any way one great way of releasing the value of the asset back to the shareholders..
u decide whether to cash out...rather then just a line in the  coy asset.
furnaces ( Date: 28-Aug-2017 11:31) Posted:
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pan hong par value reduced??
no... sino harbour par value is reduced..it is just a accountant games..to return shares to you
no... sino harbour par value is reduced..it is just a accountant games..to return shares to you
bernardc ( Date: 28-Aug-2017 11:56) Posted:
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the par value is reduced from hk.6 to hk.1...
this is done so that the share distribution is carried out to overcome certain rules..please read the reason in the whole ..rather then pick a sentence n start a rumour..
so par value reduce..money then   transfered to   sharepremium account ..then give shares instaed of money..
the accountants can explain better..somethin glike that..
this is done so that the share distribution is carried out to overcome certain rules..please read the reason in the whole ..rather then pick a sentence n start a rumour..
so par value reduce..money then   transfered to   sharepremium account ..then give shares instaed of money..
the accountants can explain better..somethin glike that..
fruitty ( Date: 28-Aug-2017 11:18) Posted:
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Once the distribution of Sino Harbour is complete, I believe the next step will be delisting from SGX and probably relist on HKSE or SSE.
Assuming current price of S$0.29 of Pan Hong and HKD$0.40 Sino Harbour.
1 share of Pan Hong will yield you about S$0.245 worth of Sino Harbour shares. You can sell the Sino Harbour shares in HKSE for instant cash if you dont wanna hold. So your cost price is about $0.29-$0.245= $0.045. The NTA of Pan Hong after distribution is about RMB$1.26 per share which is about S$0.252 per share.
So you are like using $0.045 to buy $0.252 worth of Pan Hong. 
The above is subject to price fluctuations. But based on current price, it should be calculated as such.
Assuming current price of S$0.29 of Pan Hong and HKD$0.40 Sino Harbour.
1 share of Pan Hong will yield you about S$0.245 worth of Sino Harbour shares. You can sell the Sino Harbour shares in HKSE for instant cash if you dont wanna hold. So your cost price is about $0.29-$0.245= $0.045. The NTA of Pan Hong after distribution is about RMB$1.26 per share which is about S$0.252 per share.
So you are like using $0.045 to buy $0.252 worth of Pan Hong. 
The above is subject to price fluctuations. But based on current price, it should be calculated as such.
not sure about this but if this is the case wud it mean not much upside to p36 from here? initially was thinking anything below 30 was a buy.....not vested yet
edwinjup ( Date: 28-Aug-2017 09:52) Posted:
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Anyone read that part in the report on how pan hong will reduce its value to worth of 0.1hkd or so after distribution of sh shares?
if pan hong has gone up to close to 30c, is it still worth buying?
congrats to those who held before the report! This is one rare good company that enhances shareholders' value.
 
if pan hong has gone up to close to 30c, is it still worth buying?
congrats to those who held before the report! This is one rare good company that enhances shareholders' value.
 
yeah..u are right..disregard my last post all worng ..hhahhah7.01
so hk40 cts is S$0.071 cts..
wah 1 for 3.5  mean s..3.5x7.1 cts=24.85 cts...
wah huart arghhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh
so hk40 cts is S$0.071 cts..
wah 1 for 3.5  mean s..3.5x7.1 cts=24.85 cts...
wah huart arghhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh
furnaces ( Date: 28-Aug-2017 11:07) Posted:
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Actually exchange rate is 1sgd to 5.7hkd. the value is much more.
bernardc ( Date: 28-Aug-2017 11:05) Posted:
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3.5 lots of sino harbour at hk 0.4=hk 14000
is around s$2000..exchange aound 7 to 1..
$2k per 1000 pan hong shares...waooo...cts per panhong share...
 
is around s$2000..exchange aound 7 to 1..
$2k per 1000 pan hong shares...waooo...cts per panhong share...
 
bernardc ( Date: 28-Aug-2017 10:39) Posted:
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Sino Harbour Holdings Group Ltd
HKG: 1663 - 28 Aug, 10:18 AM GMT+8
0.40HKD
0.03 (5.81%)
bernardc ( Date: 28-Aug-2017 10:22) Posted:
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wah...spin off..
great value i booked  aplace already...
great value i booked  aplace already...
edwinjup ( Date: 28-Aug-2017 09:52) Posted:
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Do expect a 50% drop for both p36 and sino after xall..supply more than demand....
furnaces ( Date: 28-Aug-2017 09:30) Posted:
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Wah. This share quite crazy. Every unit of Pan Hong gives out 3.5 unit of Sino Harbour.
If I have 50000 shares of Pan Hong, I get 175000 shares of Sino Harbour. Sino Harbour is trading at $0.43hkd. Meaning total worth about. $75250hkd or about $13200sgd.
Every share give out about $13200/50000=$0.264sgd. crazy, Pan Hong share like become free. But no sellers for this share.
If I have 50000 shares of Pan Hong, I get 175000 shares of Sino Harbour. Sino Harbour is trading at $0.43hkd. Meaning total worth about. $75250hkd or about $13200sgd.
Every share give out about $13200/50000=$0.264sgd. crazy, Pan Hong share like become free. But no sellers for this share.
Interesting company. Property development in China, and quite high dividends paid.      
Ho seh liiao...Its like a 1 for 1
Huat la
It' s the right time to enter this counter now.