so much potential
i cry also no tears.now shorting noble,trying to fake up
pratically given this price..he earn much on selling TMC to rowsley...insane run up in 2 days....
timothylim890 ( Date: 20-Jul-2017 14:31) Posted:
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PL will be the richest man in the entire Asean.
timothylim890 ( Date: 20-Jul-2017 14:31) Posted:
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5.6b don' t even include the warrants that are certaint to converted to shares at 9c a piece, market cap will be 15b if this stays at current price range with warrants converted. 
But this is a peter lim counter, its not supposed to be rational.
But this is a peter lim counter, its not supposed to be rational.
ahhuat08 ( Date: 20-Jul-2017 14:16) Posted:
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Corrections:
4), should be ... + $0.12 * 60b = $15.3b
5) PL' s final stake worth $14b
7) PL sells 40.3% stake for $6.2b
4), should be ... + $0.12 * 60b = $15.3b
5) PL' s final stake worth $14b
7) PL sells 40.3% stake for $6.2b
timothylim890 ( Date: 20-Jul-2017 14:25) Posted:
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insane man, can close 0.20 today!
I think ur understanding of the warrants issues is superb.
Very well written.
 
Very well written.
 
timothylim890 ( Date: 20-Jul-2017 14:25) Posted:
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If our calculation is correct, that is to say.
ahhuat08 ( Date: 20-Jul-2017 14:22) Posted:
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I' m not vested but have been following this couple of days and this has just piqued my interest...can someone correct my math below if I' m wrong?
1) Peter Lim sells TMC to Rowsley for $1.9b. Rowsley pays by issuing stock at 7.5c a share (25.3b shares)
2) Rowsley then issues 2 bonus warrants for each existing share at 9c (Current existing: 4.7b. After TMC, 30b. After 60b 1st bonus warrants, 90b shares outstanding)
3) Again, Rowsley issues piggback warrants (1 for every bonus warrant) at 12c. (60b bonus warrants issued in 1st round, so additional 60b issued). Total shares outstanding = 90b + 60b = 150b shares.
4) Total market cap of Rowsley = $0.18 * 4.7b (current price) + $0.075 * 25.3b + $0.09 * 60b + $0.12 * 30b = $11.74b.
5) Prior to the deal, Peter Lim owns 45% of Rowsley (2.1b shares). After the deal, he' ll have 2.1b + 25.3b + 54.8b (1st bonus issue) + 54.8b (2nd bonus issue) = 137b shares (91.3% stake) worth $10.9b.
6) Rowsley' s current largest shareholder (Joseph Lim) owns 2.1b shares. After the whole deal and bonus issues, his stake will be reduced to 0.01%. Peter Lim effectively controls the entire company.
7) Technically, since conservatively you' d need 51% to control the company, PL could sell a 40.3% stake for $4.73b (depending on share price at that time in the future)
8) In conclusion, Peter Lim took TMC public via a reverse takeover via Rowsley (save IPO, advisory costs etc.), and he can flip his bonus shares for a $4.7b gain?
Again, do correct me if I' m wrong. I just find the math fascinating.
1) Peter Lim sells TMC to Rowsley for $1.9b. Rowsley pays by issuing stock at 7.5c a share (25.3b shares)
2) Rowsley then issues 2 bonus warrants for each existing share at 9c (Current existing: 4.7b. After TMC, 30b. After 60b 1st bonus warrants, 90b shares outstanding)
3) Again, Rowsley issues piggback warrants (1 for every bonus warrant) at 12c. (60b bonus warrants issued in 1st round, so additional 60b issued). Total shares outstanding = 90b + 60b = 150b shares.
4) Total market cap of Rowsley = $0.18 * 4.7b (current price) + $0.075 * 25.3b + $0.09 * 60b + $0.12 * 30b = $11.74b.
5) Prior to the deal, Peter Lim owns 45% of Rowsley (2.1b shares). After the deal, he' ll have 2.1b + 25.3b + 54.8b (1st bonus issue) + 54.8b (2nd bonus issue) = 137b shares (91.3% stake) worth $10.9b.
6) Rowsley' s current largest shareholder (Joseph Lim) owns 2.1b shares. After the whole deal and bonus issues, his stake will be reduced to 0.01%. Peter Lim effectively controls the entire company.
7) Technically, since conservatively you' d need 51% to control the company, PL could sell a 40.3% stake for $4.73b (depending on share price at that time in the future)
8) In conclusion, Peter Lim took TMC public via a reverse takeover via Rowsley (save IPO, advisory costs etc.), and he can flip his bonus shares for a $4.7b gain?
Again, do correct me if I' m wrong. I just find the math fascinating.
this stock is really going insane..me just watching show on the sidelines
If our assumption, and have not taken into consideration of free warrants conversion.
Very soon, Rowsley will be one of the STI index stock.
Mark my word.
lololol
 
Very soon, Rowsley will be one of the STI index stock.
Mark my word.
lololol
 
HazardKoh ( Date: 20-Jul-2017 14:19) Posted:
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ya.. my calculation did not include the current rosley shares..
ya lo.. this is crazy.. and u see SO MANY CHEERLEADERS... hahaha.. wow..
Those who listen to these cheerleaders and think that buying now and later the price will chiong to 48 cents etc really going to be in for a rude shock. They better take profit if they can and not hold until the BBs start dumping
ya lo.. this is crazy.. and u see SO MANY CHEERLEADERS... hahaha.. wow..
Those who listen to these cheerleaders and think that buying now and later the price will chiong to 48 cents etc really going to be in for a rude shock. They better take profit if they can and not hold until the BBs start dumping
ahhuat08 ( Date: 20-Jul-2017 14:16) Posted:
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hahaa.. this is very scary.. so many cheer leaders out.. wow.. i think in the end, MANY innocent investors will kana stuck in this counter..
God bless.
God bless.
nezoshins ( Date: 20-Jul-2017 14:15) Posted:
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My own calculation: PL injects 1.9 Billion of assets into Rowsley, at 7 cts apiece, rowsley must issue 1.9 B/.07 ie 27 B shares to PL, and existing shareholdings in Rowsley is 4.7 B shares, so altogether total shares in Rowsley shall be around 31.7B shares.
At .179 pricing now, total market cap will be around 5.6B sing dollars.
Are u paying  such hefty price for thomson medical group plus roweley existing biz plus msian medical group.
RMG is only 2.26 B with 2 hospitals and many clinics around sg and hK,
Which one would you choose if u wanna buy into now?
U be your own judge hor.
Stockmarket is a place whereby, it can remain insane longer than u can remain solvent.
lolol
 
At .179 pricing now, total market cap will be around 5.6B sing dollars.
Are u paying  such hefty price for thomson medical group plus roweley existing biz plus msian medical group.
RMG is only 2.26 B with 2 hospitals and many clinics around sg and hK,
Which one would you choose if u wanna buy into now?
U be your own judge hor.
Stockmarket is a place whereby, it can remain insane longer than u can remain solvent.
lolol
 
HazardKoh ( Date: 20-Jul-2017 14:07) Posted:
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WA huat ah, i no 30cent no sell
Raffles medical a larger and more reputable cap is only $1.73B only.
Thomson worth $1.9B and some say 30 cents rosley worth $8B...
Wow.. those who buying now at > 15 cents, u are buying at valuation of thomson at around $4B???
 
Thomson worth $1.9B and some say 30 cents rosley worth $8B...
Wow.. those who buying now at > 15 cents, u are buying at valuation of thomson at around $4B???
 
Boatman ( Date: 20-Jul-2017 14:03) Posted:
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Same thinking as u.. if u buy at $8b how many years takes to breakeven
HazardKoh ( Date: 20-Jul-2017 14:00) Posted:
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Raffles Medical Group Market Cap:
$1.733B for July 18, 2017HazardKoh ( Date: 20-Jul-2017 14:00) Posted:
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PL sells thomson at $1.9 billion and to be paid by shares  issue price of $0.07  each share.
Total number of shares to be issued = $1900000000 divided by 0.07
= 27,142,857,143 shares to be issued.
Some of u say it will reach 30 cents. So 27,142,857,143 x 0.3 = $8,142,857,142 = $8 billion market capitalisation for thomson hospital
hmm......
 
Total number of shares to be issued = $1900000000 divided by 0.07
= 27,142,857,143 shares to be issued.
Some of u say it will reach 30 cents. So 27,142,857,143 x 0.3 = $8,142,857,142 = $8 billion market capitalisation for thomson hospital
hmm......