Thomson Medical    Last:0.055   -

Rowsley is brewing!

hit 16 

 

15!!! Surprise...

 

can expect more short covering especially those using cfd.

 

I guess most have covered back.
I think they must hv bot back at higher prices.
The actual qty will ony be known on next tues.
cfd shorts not included.
shortists cry til no tears

NextEvolution      ( Date: 20-Jul-2017 07:45) Posted: Yesterday over 32 million shares of Rowsley were shorted. Many got their tickets to visit Hor Lan

 

Secura

 

Spillover effect to otger PL 's counter.

 

there are other counters la.
kthxbye
 

 

Today will still top volume

Wind22i      ( Date: 20-Jul-2017 07:53) Posted: Shortist get burned yesterday... But rowsley up by 100% is a bit over done .. It can go the other way soon haha

 

Wow then when you buy stocks, other than greed for $$$?, what motivates you? Charity?

KopRed75      ( Date: 20-Jul-2017 07:49) Posted: These shortists deserve to be burnt. Anyhow short. Pure greed at play. NextEvolution      ( Date: 20-Jul-2017 07:45) Posted: Yesterday over 32 million shares of Rowsley were shorted. Many got their tickets to visit Hor Lan

 

Not forgetting those who borrowed shares or CFD to heavily short from over 12 to below 7 cents caught with pants and unties off & eye balls popped out ....LOL

KopRed75      ( Date: 20-Jul-2017 07:49) Posted: These shortists deserve to be burnt. Anyhow short. Pure greed at play. NextEvolution      ( Date: 20-Jul-2017 07:45) Posted: Yesterday over 32 million shares of Rowsley were shorted. Many got their tickets to visit Hor Lan

 

Shortist get burned yesterday...
But rowsley up by 100% is a bit over done ..
It can go the other way soon haha

 

These shortists deserve to be burnt. Anyhow short. Pure greed at play.

NextEvolution      ( Date: 20-Jul-2017 07:45) Posted: Yesterday over 32 million shares of Rowsley were shorted. Many got their tickets to visit Hor Lan

 

Yesterday over 32 million shares of Rowsley were shorted. Many got their tickets to visit Hor Lan

 

Rowsley shares have skyrocketed - nearly doubling - after controlling shareholder and billionaire Peter Lim unveiled plans to inject medical assets said to be worth up to $1.9 billion into the firm.

The counter shot up 6.8 cents, or 93.15 per cent, to 14.1 cents yesterday on news that Mr Lim will pour his 100 per cent stake in private firm Thomson Medical and 70.36 per cent stake in Malaysia-listed TMC Life Sciences into Rowsley.

The real estate firm was the most heavily traded counter, with 469.9 million shares changing hands.

It will fund the purchase by issuing Mr Lim new shares at 7.5 cents each. Rowsley's share base will balloon to five times what it is now.
If the deal proceeds as planned, Rowsley also proposes to give shareholders two bonus warrants for every one share they own, with an exercise price of nine cents.

For each bonus warrant exercised, shareholders will also get one more piggyback warrant that can be exercised at 12 cents.


On July 14, before a trading halt was called, Rowsley shares had already started to stir, jumping 10.61 per cent in one day.

The move may have caught many by surprise. As recently as last September, Mr Roy Quek, chairman of Thomson Medical private firm and chief executive of TMC Life Sciences, told The Business Times the Thomson Medical group was gunning for an initial public offering.

Rowsley shares have skyrocketed - nearly doubling - after controlling shareholder and billionaire Peter Lim unveiled plans to inject medical assets said to be worth up to $1.9 billion into the firm.

The counter shot up 6.8 cents, or 93.15 per cent, to 14.1 cents yesterday on news that Mr Lim will pour his 100 per cent stake in private firm Thomson Medical and 70.36 per cent stake in Malaysia-listed TMC Life Sciences into Rowsley.

The real estate firm was the most heavily traded counter, with 469.9 million shares changing hands.


It will fund the purchase by issuing Mr Lim new shares at 7.5 cents each. Rowsley's share base will balloon to five times what it is now.

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If the deal proceeds as planned, Rowsley also proposes to give shareholders two bonus warrants for every one share they own, with an exercise price of nine cents.

For each bonus warrant exercised, shareholders will also get one more piggyback warrant that can be exercised at 12 cents.


On July 14, before a trading halt was called, Rowsley shares had already started to stir, jumping 10.61 per cent in one day.

The move may have caught many by surprise. As recently as last September, Mr Roy Quek, chairman of Thomson Medical private firm and chief executive of TMC Life Sciences, told The Business Times the Thomson Medical group was gunning for an initial public offering.



The move may have caught many by surprise. As recently as last September, Mr Roy Quek, chairman of Thomson Medical private firm... told The Business Times the Thomson Medical group was gunning for an initial public offering.
He told BT: "If we were to do a listing now, we'd probably have a market capitalisation of $2 billion to $3 billion. I think we can do better. We're targeting $5 billion for a start and trying to grow that."

When contacted by The Straits Times, Mr Quek said he was unable to comment as talks are ongoing.

Thomson Medical owns the 190-bed women and children's hospital Thomson Medical Centre in Singapore. It had previously declared plans to add 300 beds to its capacity, but has yet to receive the relevant approvals from the Health Ministry to execute.

TMC owns the 200-bed Tropicana Medical Centre in Petaling Jaya, and plans to develop a 500-bed hospital, Thomson Iskandar, next to Rowsley's Vantage Bay Healthcare City in Johor Baru. Construction there has been delayed, pending regulatory approval.

Rowsley did not go into details about how Mr Lim's healthcare assets had been valued. The price will be finalised after due diligence.

TMC has a market cap of RM1.36 billion (S$433 million). Mr Lim bought Thomson Medical Centre for around $513 million in 2010.

Rowsley suffered a net loss in the quarter to March 31 due to staff costs jumping 19 per cent.

Justice888      ( Date: 20-Jul-2017 07:37) Posted: Latest from straits times. It says due dillgence will be done. HazardKoh      ( Date: 20-Jul-2017 05:56) Posted: $141million NTA in 2010 selling for $1.9b in 2017.. :)

 

Latest from straits times. It says due dillgence will be done.

HazardKoh      ( Date: 20-Jul-2017 05:56) Posted: $141million NTA in 2010 selling for $1.9b in 2017.. :)    choong      ( Date: 19-Jul-2017 23:32) Posted: So tomorrow up another 90 %?😄

 

So whats e fair value of rowsley???? Seems like e sky is e limit aka wilmar:::))))()

 

Now listed liao lo...

2010 PL take Thomson Medical  off SGX, now in 2017 back again thru Rosley.. this is like a reverse take over liao..

Soon they change Rosley name to Thomson-Rosley ltd :)
 

Justice888      ( Date: 19-Jul-2017 23:35) Posted: Found this business times article . http://www.businesstimes.com.sg/companies-markets/thomson-medical-eyes-spore-listing-in-near-term-0 choong      ( Date: 19-Jul-2017 23:32) Posted: So tomorrow up another 90 %?😄

 

$141million NTA in 2010 selling for $1.9b in 2017.. :) 
 

choong      ( Date: 19-Jul-2017 23:32) Posted: So tomorrow up another 90 %?😄 HazardKoh      ( Date: 19-Jul-2017 23:27) Posted: In 2010, thomson medical group was listed in SGX and then  it was taken  private. I read the 2010 financial report for Thomson Medical Group. http://infopub.sgx.com/FileOpen/Thomson%20Medical.ashx?App=Prospectus& FileID=10443 8.3 NAV of the Group We note that based on the Company&rsquo s unaudited consolidated financial statements for FY2010, the unaudited NAV of the Group as at 31 August 2010 was approximately S$141.7 million or approximately S$0.485 per Share, which includes the net revaluation surplus(1) of approximately S$22.6 million on the Group&rsquo s freehold property at 339 Thomson Road, Singapore (the &ldquo Revalued Asset&rdquo ) with an appraised market value of S$120 million. Please refer to Appendix VII of the Circular for more information on the open market valuation of the Revalued Asset. In addition, we understand from the Company that as at 31 August 2010, the Group has significant net cash and bank balances of approximately S$27.9 million (net of borrowings and minority interests&rsquo share of the cash balance) representing approximately 17.9% of the Group&rsquo s total assets as at 31 August 2010. Accordingly, the Group has net cash per Share of approximately S$0.095 as at 31 August 2010. In view thereof, we have also considered the NAV of the Group on an ex-cash basis (&ldquo Ex- Cash NAV&rdquo ) as derived after deducting the net cash holdings of the Group in assessing the Offer Price. The ex-cash Offer Price as derived from the above is approximately S$1.655 (&ldquo Ex-Cash Offer Price&rdquo ).

 

Never can tell what in PL's mind.......frankly with this move his kitty are going to be fully replenished by the billions of free money, and if really to leave his legacy in the footballing world then he can easily spend a couple of hundreds million and it's a small part of his paper profit for his gain from the stock market. Take a look at the today market he has almost double his money by just merely announcing his intention.

KopRed75      ( Date: 19-Jul-2017 18:31) Posted: Valencia may be buying some superstars in the transfer market soon and compete with Real Madrid and Barcelona for Spanish League title this coming season.

 

Must have sold short before noon today, thats why afternoon they got squeezed hard and was forced to cover above 14c.

peanut      ( Date: 19-Jul-2017 22:55) Posted: Have lah , SGX has the short sell data Rowsley avg short $0.122 Rowsley                                    32371200                      SGD          3950604.8 http://www.sgx.com/wps/wcm/connect/sgx_en/home/market_info/short_sale/short_sale_daily/DailyShortSell20170719.txt   sh0rthere      ( Date: 19-Jul-2017 19:55) Posted: You can also short stocks without reporting.