ShareJunction - Member Posts

Back

Latest Posts By dealer0168 - Elite

About dealer0168

First < Newer 981-1000 of 2601 Older> Last

05-Sep-2009 19:02

Fortune Reit HKD / Fortune Reit (HK)

Go to Message

x 0

U got yr points. But for currency exchange, i thk we will still be in upper hand as after all Sing dollars has been much stronger against HK dollars compare to last time.

Anyway......see first.

Cheers.

el7888 ( Date: 05-Sep-2009 16:15) Posted:

dearer0168, right issues will tight up my money for a month plus the risk of HK currency exchange. I will not consider to get in. I will prefer to look at another counter.

Good Post Bad Post

05-Sep-2009 18:52

FSL Trust / FSL Trust - starting to see value in it

Go to Message

x 0

USD 0.0127 Div (as stub distribution) for this Sep09, n follow by anyother divi this coming Oct09.

Still a much better counter compare to other Shipping Trust.

N using of the funds raised from placement for the acquisitions of vessels with leases or of companies holding such vessels (which yet to be identify), that will mean an increase in DPU fr future.

To be frank, I'm still confident with FSL management compare to other Shipping trust.

Good Post Bad Post

05-Sep-2009 18:32

FSL Trust / FSL Trust - starting to see value in it

Go to Message

x 0

Published September 5, 2009

First Ship Lease Trust to raise funds from placement

By VINCENT WEE

JUST days after winning some reprieve from its bankers, First Ship Lease Trust (FSLT) is now seeking to raise more funds with a 100 million unit placement exercise.

The trust plans to use funds raised for the acquisitions of vessels with leases or of companies holding such vessels.

The placement, to be arranged by CLSA Singapore, will not be underwritten. The issue price per new unit and number of new units to be issued will be determined by CLSA in consultation with the trustee-manager, FSL Trust Management (FSLTM), following a book-building process.

FSLTM said that the issue price will be between 52.5 cents and 57.5 cents unless otherwise agreed between CLSA and FSLTM but provided that it will not be at a discount of more than 20 per cent to the traded volume-weighted average price of 59 cents on the day before the agreement was signed.

The trustee-manager said that assuming that all the 100 million new units are issued at an assumed price of 59 cents each, FLST estimates that it will receive net proceeds of about $57.3 million.

The trust plans to use funds raised for the acquisitions of vessels with leases or of companies holding such vessels, although it has not identified any specific assets to be acquired as yet.

The new units are equivalent to about 19.28 per cent of the existing issued units and about 16.16 per cent of the enlarged issued units, assuming that all the 100 million new units are issued.

To ensure fairness to existing unit holders, FSLT will give a stub distribution, estimated at 1.27 cents, for the period July 1 to the day immediately preceding the date on which the new units will be issued instead of to Sept 30 as originally scheduled. The new units are expected to be issued on Sept 17, said FSLTM, adding that the next distribution following the stub distribution is expected to be for the period from the issue of the new units to Sept 30.

Good Post Bad Post

05-Sep-2009 12:22

Fortune Reit HKD / Fortune Reit (HK)

Go to Message

x 0

That means it worth around Sing $0.45 per rights (after conversion).

Btw still ok to go in now el7888??????????????? Seems like high up now the price.

el7888 ( Date: 31-Aug-2009 23:47) Posted:

Hi dealer0168,

You pay HK$2.29 per Rights Unit.

dealer0168 ( Date: 31-Aug-2009 21:52) Posted:

Btw, if to buy this one does it mean we pay in sing dollar. Current its price is HK dollar right?

Good Post Bad Post

05-Sep-2009 12:15

Others / DOW

Go to Message

x 0

Yesterday Dow performed well. Hope STI follow suit on Monday.

Cheers.

Good Post Bad Post

04-Sep-2009 22:46

Straits Times Index / STI to cross 3000 boosted by long-term investors

Go to Message

x 0

AFP - Saturday, September 5

BERLIN (AFP) - - The global economy "appears to be emerging" from a steep slump and countries should plan to wind down stimulus efforts, International Monetary Fund chief Dominique Strauss-Kahn said Friday.

"The global economy appears to be emerging at last from the worst economic downturn in our lifetimes," Strauss-Kahn said in a speech in Berlin.

The risks of the fragile recovery stalling appeared to be diminishing, as several advanced economies -- including France and Germany -- had already returned to growth and emerging economies were "recovering even more strongly," he said in prepared remarks.

But he warned that problems in the financial sector could persist or even intensify, particularly if efforts to restore banks to health are not completed.

In light of the fragility of the recovery, Strauss-Kahn cautioned there was "a real danger" countries may end their extraordinary monetary and fiscal crisis measures prematurely.

"Having said this, the time is right for policymakers to formulate their exit strategies," he added.

The former French finance minister said that international coordination of exit strategies would perhaps be even "more important" than the well-coordinated crisis response.

"Greater clarity in communicating policy intentions to the public is also essential to shore up confidence," he said.

Strauss-Kahn was due to travel to London later Friday for a two-day meeting of finance chiefs from the Group of 20 developed and developing countries in advance of a September 24-25 summit in the northeastern US city of Pittsburgh, Pennsylvania.

The global recovery, Strauss-Kahn said, would likely be "relatively sluggish," with unemployment continuing to rise through next year.

"A jobless recovery remains a risk. Having so many people out of work has significant economic costs, ranging from lower private demand to a decline in potential growth if structural unemployment rises," he said.

"The social consequences are potentially even more worrisome."

Regulatory reform momentum was lackluster, he noted, urging countries to avoid "complacency" as financial markes improve.

"The reform effort is not proceeding as quickly as is necessary to address the problems raised by the crisis," he said.

The IMF managing director addressed concerns about the international monetary system and

t the dollar's role as the world's reserve currency in the wake of the financial crisis.

Critics have noted the role of the dollar may have been "undermined" by US economic and financial troubles, he acknowledged.

"I note, however, that the US dollar actually strengthened during the crisis. In my view, this reflects the dollar's status as an unrivaled safe haven asset," said Strauss-Kahn.

Recent proposals have called for the creation of a new world reserve currency, possibly based on the IMF's composite currency, the SDR, or special drawing rights.

"Another possibility, and perhaps the least unlikely alternative, is for a multi-reserve currency system to emerge, with currencies like the euro, the yen and even the renminbi (Chinese yuan) serving as co-equal anchors," Strauss-Kahn said.

The IMF chief said the 186-nation institution could do more to support the international monetary system, suggesting its financial resources base "could be increased further."

Good Post Bad Post

04-Sep-2009 22:26

Others / DOW

Go to Message

x 0

Still thinking of getting rid of her.....hehe

Fang ta yi ge sheng ru ba...............haha

handon ( Date: 04-Sep-2009 21:03) Posted:

my boss ask how far DOW can CHEONG when no friday EFFECT....

long first win first.... hehe.... Smiley

Get rid of this PEGLI... Smiley

Good Post Bad Post

04-Sep-2009 21:03

Others / DOW

Go to Message

x 0

U.S. Index Futures Gain on Jobs Data; S&P 500 Poised to Trim Drop for Week

Good Post Bad Post

04-Sep-2009 19:37

Others / The unmoveable stocks

Go to Message

x 0

Abterra stock definately suit what u say. But its FA is one of the good one. Maybe it is in consolidation mode. But for how long, who knows. Jus have to wait loh

Cheers.

Good Post Bad Post

04-Sep-2009 19:14

China Fibretech / ChinaFibreT, is sometihng brewing...

Go to Message

x 0

After this week quite bad peformance from STI, this babe still standing quite steadily around there.

Hope next week, better performance from STI.......n fr china & US stock market. N ChinaFT continue to progress upwards

Cheers.

Good Post Bad Post

04-Sep-2009 19:10

FSL Trust / FSL Trust - starting to see value in it

Go to Message

x 0

Aiyo, when u guys/ gays inject your money into this baby, i believe u guys already calculated how long it takes to have the amt of money u vested in return.

And than fr when onwards, the DPU money will become extra income to u.

To me Shipping trust & reits are consider sort of saving stock. But if u invest based on short term trading, just to earn that few ten dollars/ hundreds/ thousand/etc in short term, than that different case.

Hahahaha, maybe let wait for FSL to disclose more first. No point scaring yrself at this time. Cheers.

Good Post Bad Post

04-Sep-2009 19:00

Abterra / Any comment for ABTERRA?

Go to Message

x 0

Don't know which joker everytime, make it down at close............sian. Seem like everyday....repeat n repeat......

Wasting people time leh.

Good Post Bad Post

04-Sep-2009 18:44

Goodpack / Earnings prospects

Go to Message

x 0

I thk it will rally only after the CD wording come out.

Emm anyway, this stock looks stable n good.

Cheers.

freeme ( Date: 04-Sep-2009 18:06) Posted:

so far didnt add more bec didnt fall much.. maybe than wk can see above $1 liao

Good Post Bad Post

04-Sep-2009 17:17

China PowerPlus / China PowerPlus, going to be awaken?

Go to Message

x 0

Finally break the 0.065. Today is 0.070 at closing.

Cheers.

Good Post Bad Post

04-Sep-2009 14:12

FSL Trust / FSL Trust - starting to see value in it

Go to Message

x 0

Actually should not worry so much. Btw, i thk i saw yr forum that u vested in Jade (that issue Rights recently). That one maybe more worrying. This one the company management not bad.

N I think it the first time FSL put up placement if i am not wrong. Those that frequent put up Right & Placement than u must take care.

Cheers.

pharoah88 ( Date: 04-Sep-2009 13:51) Posted:

Nowadays management are in vogue asking for more money without justification and some even when the company does not need the money.

It is really very, very LOOSE with Other People's Money [OPM].

This is OPM-Flu.

Severe Acute OPM-Flu Syndrome [SAOS]

BEWARE & BECARE of management who canNOT generate Operational CASH.

The RIGHT SOLUTION is to CHANGE MANAGEMENT [like OBAMA said] and NOT to give them MORE MONEY.

BEWARE & BECARE #### SAOS ....

Good Post Bad Post

04-Sep-2009 13:39

Straits Times Index / STI to cross 3000 boosted by long-term investors

Go to Message

x 0

Sorry should be:

Stocks, Bonds Seen in `Sweet Spot' as G-20 Officials Shun Stimulus Exit

dealer0168 ( Date: 04-Sep-2009 13:35) Posted:

Stocks, Bonds in ‘Sweet Spot’ as G-20 Refrains Exit

Good Post Bad Post

04-Sep-2009 13:35

Straits Times Index / STI to cross 3000 boosted by long-term investors

Go to Message

x 0

Stocks, Bonds in ‘Sweet Spot’ as G-20 Refrains Exit

Good Post Bad Post

04-Sep-2009 13:29

Abterra / Any comment for ABTERRA?

Go to Message

x 0

I will propose the idea of setting a TP for yr investment instead. Need not invest so many times................

Unless the share value drop, than u load somemore to average. If not, there is no necessities to do it monthly/ weekly/......

N preferable not to put all eggs in one basket.

Cheers, n trade with care.

keepnosecrets ( Date: 04-Sep-2009 08:51) Posted:

Then why are you saying 3 years?

dealer0168 ( Date: 04-Sep-2009 07:59) Posted:

Haha, u right freeme. Bc what if after 36 mth, still at 0.05. Wow that time dui- sin - kua.

Cheers.

Good Post Bad Post

04-Sep-2009 12:04

FSL Trust / FSL Trust - starting to see value in it

Go to Message

x 0

Let see how FSL speak up on the placement things. Hope they give us some positive directive answer that benefit us the investor.

elysian ( Date: 04-Sep-2009 11:57) Posted:

i agree that FSL management is wiser than Rickmer's - without a doubt.

Atleast FSL is giving a Stub distribtuion of 1.27 cts as goodwill to existing shareholders.
Even the stub is DOUBLE that of the miserly 0.6cts Rickmers distributed for the entire quarter.

Anyway, this isn't the time to acquire more vessels - i am not sure what they'll do with the money.

I suspect that there's more than meets the eye ...

Good Post Bad Post

04-Sep-2009 11:48

FSL Trust / FSL Trust - starting to see value in it

Go to Message

x 0

But the money got fr the placement share was used possibilily fr acquiring of more vessel, maybe to clear some debts, etc.

Basically what their doing, if acquire more vessel........... that would be resolve the problem of dillution. As the DPU will increase as well with more vessel acquiring.

It all depends. But definately FSL is much better in term of management compare to our dear Rickmer.

elysian ( Date: 04-Sep-2009 11:44) Posted:

They are issuing 100million new units - almost 20% of their current holdings Expect a price drop of up to 20% from current price - future DPUs will also see a drop, after the current guidance. First it was Rickmers who played investors out and now....

Good Post Bad Post

First < Newer 981-1000 of 2601 Older> Last

ShareJunction Version: 27 Nov 2020 ver - All Rights Reserved. Copyright ShareJunction Pte. Ltd. Disclaimer: All prices from are delayed. ShareJunction does not provide you with any financial advice. We are not into the business of providing any investment advice. See our Terms and Conditions and Privacy Policy of using this website. Data is delayed for varying periods of time depending on the exchange, but for at least 15 minutes. Copyright © SIX Financial Information Ltd. and its licensors. All Rights reserved. Further distribution and use by third parties prohibited. SIX Financial Information and its licensors make no warranty for information displayed and accept no liability for data and prices. SIX Financial Information reserves the right to adapt and/or alter this website at any time without prior notice.

Web design by FoundationFlux. Hosted with Signetique Cloud.