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Latest Posts By Blanchard - Senior      About Blanchard
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08-Mar-2013 17:33 China Fishery   /   China Fishery - Low PE       Go to Message
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Prices fluctuating due to financial crisis, company performance, analysts' call  etc.

Personally, I think the current price is very attractive.
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08-Mar-2013 17:13 China Fishery   /   China Fishery - Low PE       Go to Message
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Back then, its price was ~2.50.
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08-Mar-2013 10:36 China Fishery   /   China Fishery - Low PE       Go to Message
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Listing Date Jan 25, 2006, IPO Price 0.568, NAV for Group US$0.81, today price 0.575 - 0.580.
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07-Mar-2013 23:46 ThaiBev   /   up or down on debut?       Go to Message
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I was expecting it too.

Welcome back to STI since it was  dropped on 22 Sep 08.

The next review is scheduled for 6 Jun 13.
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07-Mar-2013 23:23 China Fishery   /   China Fishery - Low PE       Go to Message
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Came to know the following:

1. Copeinca, Peru's No. 2 fish exporter, said on  4 Mar 13  it has hired a team of financial advisors to " explore alternatives" after it received a $556 million unsolicited buyout bid from China Fishery Group.

2. On 4 Mar 13, the credit agency Fitch Ratings affirmed its BB- rating on China Fishery Group and removed it from its negative rating watch, saying no major deterioration or improvement is expected in the next 12 months. The decision reflects Fitch’s assessment that China Fishery – the fishing subsidiary of Pacific Andes International Holdings – " is not likely to suffer imminent substantial losses in its contract supply operations in Russia" , said Fitch.

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05-Mar-2013 23:34 Neptune Orient L Rg   /   NOL       Go to Message
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STI components review this Thurs. Wonder if there will be any change?
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05-Mar-2013 19:27 Rotary Engg   /   Rotary       Go to Message
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Missed buying more at 0.48 today. Will monitor it.
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05-Mar-2013 19:00 Vard   /   STXOSV       Go to Message
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Name is very important. Hope the new company name will bring even more good fortune to the company.

Good luck.
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05-Mar-2013 18:52 AusGroup   /   AUSGROUP: 1H09 revenue up 28.8% to reach A$260.5 m       Go to Message
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In addition,  looking forward to  Ausgroup giving a  favourable update on her listing on the ASX... within 6 months from today? or longer?
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05-Mar-2013 00:40 Tiger Airways Rg   /   TigerAir       Go to Message
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Sorry for the text all jumble up... please refer to SGX for the announcement.
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05-Mar-2013 00:38 Tiger Airways Rg   /   TigerAir       Go to Message
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Tiger Airways Holdings Limited (the “

Pursuant to the Rights Issue, up to 164,306,044

Pursuant to the Preferential Offering, up to S$220,000,000 in aggregate principal amount of 2.0 per cent. perpetual convertible capital securities (the “

The Issue Price of the Rights Shares represents a discount of approximately 34 per cent. to the last traded price of S$0.715 per Share on 4 March 2013, being the date of this announcement, and a discount of approximately 30 per cent. to the theoretical ex-rights price

The issue price of the Convertible Securities is 100 per cent. of the principal amount of the Convertible Securities (the “

The conversion price at which each Convertible Security can be converted to Conversion Shares (the “

The Conversion Price will be fixed at a premium of 15.0 per cent. above the volume weighted average price (“Issue Price of the Convertible Securities”).Conversion Price”) will be determined by the Company after trading closes on the price fixing date, which is expected to be two Business Days before the date of the close of the Preferential Offering (the “Price Fixing Date”).VWAP”) of the Shares over five (5) consecutive trading days ending on and including the Price Fixing Date (the “Reference Price”), and rounded down to the nearest whole multiple of 0.5 cent, subject to a minimum Conversion Price of S$0.650 (the “Minimum Conversion Price”) and a maximum Conversion Price of S$0.900 (the “Maximum Conversion Price”), and further subject to adjustments pursuant to the terms and conditions of the Convertible Securities (“ Terms and Conditions”).Company or “Tiger Airways”) wishes to announce that it is proposing to undertake a renounceable rights issue (the “Rights Issue”) and a nonrenounceable preferential offering (the “Preferential Offering”) to the Entitled Shareholders (as defined herein) to raise gross proceeds of approximately S$297 million.1 new ordinary shares in the capital of the Company (the “Rights Shares”) will be issued at an issue price of S$0.47 for each Rights Share (the “Issue Price of the Rights Shares”) on the basis of one (1) Rights Share for every five (5) existing ordinary shares in the capital of the Company (the “Shares”) held by shareholders of the Company (the “Shareholders”) as at a time and date to be determined by the directors of the Company (the “Directors”) for the purpose of determining the Shareholders’ entitlements under the Rights Issue (the “Books Closure Date”), fractional entitlements to be disregarded.Convertible Securities”) will be issued in the denomination of S$1.07 for each Convertible Security, on the basis of one (1) Convertible Security for every four (4) Shares held by Shareholders at the Books Closure Date, fractional entitlements to be disregarded. The Convertible Securities are convertible into fully paid-up new Shares (the “Conversion Shares”) based on the Conversion Price (as defined herein) and on such terms and conditions as set out in the Appendix.2 TERP”), of S$0.674 per Share.

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02-Mar-2013 13:09 China Fishery   /   China Fishery - Low PE       Go to Message
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Starlene, you shall make $$$ from your purchase.

I shall subscribe to my rights & have also bought Pac Andes. Agreed with steadylar.
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01-Mar-2013 19:41 Rotary Engg   /   Rotary       Go to Message
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Hope  this year will be the year of turnaround for Rotary.
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27-Feb-2013 22:23 Midas   /   Midas       Go to Message
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Glad to know that Midas still gives 0.25 cents dividend despite facing poor result... something good is better than nothing.

I am still holding onto mine at 0.85.
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27-Feb-2013 19:35 ThaiBev   /   up or down on debut?       Go to Message
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Full yr dividend is 0.28 Baht. Including the half yr dividend of 0.14 Baht, the yield is 3.15% at the price of 0.555. The company has a dividend policy of at least 50% of net profit. Good stock.
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27-Feb-2013 17:42 Vard   /   STXOSV       Go to Message
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LETTER FROM ERNST & YOUNG CORPORATE FINANCE PTE. LTD. TO THE INDEPENDENT DIRECTORS OF STX OSV HOLDINGS LIMITED

===========================================================================================

Shareholders may wish to sell their Shares in the open market if they are able to obtain a price higher than the Offer Price, net of related expenses (such as brokerage and trading costs).In summary, based on our analyses set out in this letter and after having considered carefully the information available to us and based on the market, economic, strategic and other relevant conditions prevailing as at the Latest Practicable Date, we are of the view that the Offer Price and the Options Proposal are, on balance, not attractive and there are generally insufficient compelling reasons to recommend the acceptance of the Offer and the Options Proposal. Accordingly, we advise the Independent Directors to recommend that Shareholders REJECT THE OFFER and that Optionholders REJECT THE OPTIONS PROPOSAL.

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27-Feb-2013 13:29 Vard   /   STXOSV       Go to Message
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As of now, the price of 1.22  could be a fair value to me if I were to make a crude comparison between STXOSV & Yangzijiang. But I do hope that STXOSV will not be delisted. This is just my thought.
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27-Feb-2013 10:18 Pacific Andes   /   pac andes       Go to Message
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Bought at 0.144 & 0.145. Good stock.
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26-Feb-2013 15:48 Pacific Andes   /   pac andes       Go to Message
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Considering  the rights issue & transformational acquisition by China Fishery, is the current price of Pac Andes @0.145 a good buy?
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26-Feb-2013 13:53 China Fishery   /   China Fishery - Low PE       Go to Message
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The acquisition would be transformational, elevating China Fishery to become Peru’s largest producer, as well as among the world’s largest producers, of fishmeal and fish oil.

Peru is the largest producer and exporter of fishmeal and fish oil by volume in the world.

A good deal?

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