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Latest Posts By Blanchard - Senior      About Blanchard
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05-Jun-2013 17:30 Midas   /   Midas       Go to Message
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http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_046FF687E13B1D6A48257B810030DE12/$file/NewsRelease-MidasNPRTConsortium.pdf?openelement

Good. Keep the momentum going!
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04-Jun-2013 10:42 Yongnam   /   Yong nam       Go to Message
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Good chance to get the contract for Yong Nam.

Would know the final outcome in Oct 13?
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03-Jun-2013 19:55 Pacific Andes   /   pac andes       Go to Message
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Saw this  info at Undercurrent News about Pacific Andes International Holdings (the mother of China Fish & Pac Andes RD) : http://www.undercurrentnews.com/2013/06/03/pacific-andes-hopes-to-complete-german-fish-finger-plant-deal-by-end-of-july/

Guess Pac Andes RD price drop due to overall market sentiment...
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31-May-2013 16:17 SPH   /   SPH       Go to Message
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SPH's adopted Polar Bear in its new $8 million enclosure...

One suggestion: SPH could consider adopting  several bulls in our zoo to bring more  good luck to the company & our market. Just for some laughter. (Not vested)

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31-May-2013 02:47 Ezra   /   Ezra       Go to Message
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DIVESTMENT OF 40 MILLION ORDINARY SHARES  IN EZION HOLDINGS LIMITED ON 31 MAY 13

 

The Company will realise an estimated net gain of approximately US$65.7 million from the Divestment subject to any other accounting adjustments which may be necessary upon finalization of the transaction.

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_2EDA1EA295A3D85348257B7B005E75BC/$file/Chapter10_Divestment_of_Ezion_Shares.pdf?openelement

 

 

 

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30-May-2013 19:23 Thomson Medical   /   dancing with former remiser king       Go to Message
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Note: NAV only 3.6 cents...
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29-May-2013 17:31 Midas   /   Midas       Go to Message
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MIDAS’ JV COMPANY NPRT WINS RMB420 MILLION TRAIN CONTRACT

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NPRT to supply 56 train cars to Shenzhen Metro Line 4

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http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_48F8B9AE5EE0BE3E48257B7A0032116C/$file/NewsRelease-MidasNPRTShenzhen.pdf?openelementLifts value of NPRT’s year-to-date contract wins to over RMB1.4 billion

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29-May-2013 14:34 Asian Pay TV Tr   /         Go to Message
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Going towards 0.90?
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29-May-2013 01:12 Midas   /   Midas       Go to Message
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Good luck to Midas...
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27-May-2013 18:30 YZJ Shipbldg SGD   /   Cruising with the ship ..Yangzijiang       Go to Message
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" Priced to imperfection" ??? Blessing in disguise???

Just for some laughter...
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27-May-2013 15:29 Indofood Agri   /   Indofood Agri Resources       Go to Message
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NAV is ~1.25.

Current price is 1.025 - 1.03, a discount of ~18% from NAV.
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24-May-2013 23:39 China Fishery   /   China Fishery - Low PE       Go to Message
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China Fish is “currently reviewing its options in light of the Cermaq and Copeinca announcements and will update the market in due course.”

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_34984830C0BF939048257B7500267AC3/$file/CFGL-CopeincaAnnouncement-240513.pdf?openelement

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24-May-2013 02:06 China Fishery   /   China Fishery - Low PE       Go to Message
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Re-post

UPDATE FROM THE BOARD OF DIRECTORS OF COPEINCA ASA IN CONNECTION WITH THE VOLUNTARY OFFERS



http://www.reuters.com/article/2013/05/23/idUSnHUGd6gy+70+ONE20130523
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24-May-2013 01:43 China Fishery   /   China Fishery - Low PE       Go to Message
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The current status looks something like this:

China Fish's Copeinca Shares and rights to Copeinca Shares

Dyer-Coriat family's Copeinca Shares

Cermaq's Copeinca Shares

Remainder's Copeinca Shares

  ~35.8%

  ~32.6%

  ~20%

  ~11.6%

China Fish needs to have at least ~14.21% more. But got some update from the Copeinca Board:[Tough to acquire this valuable Copeinca? Would China Fish give up?]

" The Board has been informed by each of Dyer Coriat Holding SL (" DCH" ) and Weilheim Investments SL (" Weilheim" ) that each of them will not accept the current offer from CFGL. Together with the announcement from Cermaq, this means that shareholders controlling 51.5% of Copeinca's outstanding shares will not accept the current offer from CFGL and the Board consequently recognises that the CFGL offer condition of minimum 50.1% acceptance will not be satisfied.

The Board will reinitiate a process which will seek to maximise value for all Copeinca's shareholders by soliciting interest from parties potentially interested in acquiring Copeinca. The Board is confident that Cermaq, DCH and/or Weilheim would consider favourably any transaction that may result from such process, provided that this would be in the best interest of all Copeinca's shareholders."

http://www.benzinga.com/pressreleases/13/05/tr3616446/update-from-the-board-of-directors-of-copeinca-asa-in-connection-with-

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24-May-2013 00:44 China Fishery   /   China Fishery - Low PE       Go to Message
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  1. Cermaq said it would not complete the bid for Peruvian fishfeed firm Copeinca, in line with its shareholders wishes, but that it also would not accept the present voluntary offer on its Copeinca stake from China Fishery Group. Cermaq  holds about 20% Copeinca's shares.

http://www.reuters.com/article/2013/05/23/cermaq-copeinca-idUSWEB005QM20130523

http://www.undercurrentnews.com/2013/05/23/cermaq-opens-talks-with-others-as-marine-harvest-readies-higher-bid/

2. Still awaiting any new offer from China Fish. Would it be enough for China Fish to obtain the minimum acceptance level of 50.01%?

[The acquisition of Copeinca by China Fish would be transformational, elevating China Fish   to become Peru’s largest producer, as well as among the world’s largest producers, of fishmeal and fish oil. And Peru is the largest producer and exporter of fishmeal and fish oil by volume in the world.]

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23-May-2013 18:30 YZJ Shipbldg SGD   /   Cruising with the ship ..Yangzijiang       Go to Message
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One way of looking at today's price: STI rose 5.9% vs YZJ dropped 4.7% since 2 Jan 13.

YZJ, 油 ....
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23-May-2013 11:10 Rotary Engg   /   Time to move       Go to Message
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Current price of Rotary is 0.48. I remember the Chairman/CEO bought Rotary at a price between 0.6 to 0.7 more than a year ago. For our reference...

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23-May-2013 10:52 China Fishery   /   China Fishery - Low PE       Go to Message
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China Fish's current offer will expire after today. Guess a new offer would be out by tonite?

Marine Harvest's offer might be out today too?

serialain      ( Date: 23-May-2013 10:31) Posted:

now i wonder when China Fishery will unveal their new offer for Copeinca. Just hurry up and snap them up already! I can't wait for the price overhang to be removed

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23-May-2013 10:15 ComfortDelGro   /   ComfortDelGro       Go to Message
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The sale caused some Discomfort... wonder who is/are the buyers from SLF?
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22-May-2013 11:08 Rotary Engg   /   Rotary       Go to Message
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thumb - rotaryRotary was highlighted in the latest issue of Share Investment guide:

http://www.sharesinv.com/articles/2013/05/17/is-rotary-engineering-on-a-recovery-track/

The article mentioned that Oman Investment Fund is among the top substantial shareholders, holding a deemed interest of 21.38% in Rotary as of 8 Mar 13. And Omani government last year announced the largest outlay ever, a total of US$100 billion gross investment in the oil and gas sector over the next 10 years, to sustain oil and gas production in the country over the long-term... I agree that    Rotary is showing encouraging signs of making a turnaround in its financial performance.

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