Latest Forum Topics / GES | Post Reply |
Did anyone catch it on CNA today?
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sandbox
Senior |
08-Nov-2006 15:36
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Touched 1.25 today but retreated to 1.24. How is it that there is still so much interest in buying into this counter at 1.24 since Venture's cash payments will be based at 1.25? Can any of the gurus kindly explain this? And may I ask the meaning of CE as well? Thanks. |
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singaporegal
Supreme |
07-Nov-2006 20:49
Yells: "Female TA nut" |
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will probably remain stagnant for some time... | |||||||||||||||||||
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Nostradamus
Supreme |
07-Nov-2006 19:17
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Venture is poised to complete its acquisition of GES later this month after the High Court approved the deal, GES said in a statement. Following the court approval, GES said the scheme for Venture to buy GES will become effective on Nov 24. GES shareholders are to receive Venture's cash payments no later than Dec 15. Upon completion of the deal, GES will be delisted from the Singapore Exchange. | |||||||||||||||||||
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sandbox
Senior |
22-Oct-2006 00:11
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Venture shareholders have approve the takeover.. Looks like this counter will be heading north towards 1.25 shortly. | |||||||||||||||||||
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teeth53
Supreme |
21-Sep-2006 11:47
Yells: "don't learn through life, learn to grow with life " |
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Mr Goh Lik Tuan a very happy man liao.. seeing alot $$$ into bank end 2006. | |||||||||||||||||||
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teeth53
Supreme |
21-Sep-2006 11:45
Yells: "don't learn through life, learn to grow with life " |
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Venture said GES is a very buy. "Mai pan lao Kui Mah..."Trying to boost each other morale so to say is a good buy mah.....px now $1.22 | |||||||||||||||||||
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teeth53
Supreme |
07-Sep-2006 13:54
Yells: "don't learn through life, learn to grow with life " |
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Up side +5cents, down side, don't really know, Dec 2006 still along long way to go, anything can happen. It now benefiting one way only..., d other party is not, i see GES may be heading into more air pocket as px is always so artifical been prop up, further to this px of $1.25, it seem px is fixed on willing to buy and willing to sell basic, so buyer may seem to be at disadvantage as mkt saying it quite high a px to pay for close to a Billion $$$, Question is GES worth a billion dollars???. Tell that to d Dir concern and they have many un-answer ???. So rekon that buying parties may want to RE-NEG further down the road if not then....see, sort of more air pocket coming....... | |||||||||||||||||||
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Nostradamus
Supreme |
06-Sep-2006 23:53
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On SGX website, the Company confirmed that it is not aware of any basis for such rumours. Like I said before, as there is no rival bids, price will not go above $1.25. |
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teeth53
Supreme |
06-Sep-2006 21:52
Yells: "don't learn through life, learn to grow with life " |
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Price tag at $1.25 cents, given today knee jerking reaction, px is stable again back to $1.20 by d big boys. Look like it's not going smooth for GES, worst secenrio if px grop it jaw again. This time it benefit Venture's considering px tag og $980 mil, a 10% drop mean a saving of 98 mil for Venture's, a huge saving. Rite now it oni one way-benefiting GES, so rekon GES will hit alot more air pocket and trouble ahead as Dec 2006 is still a long long way. Avoid and take profit. | |||||||||||||||||||
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teeth53
Supreme |
06-Sep-2006 21:18
Yells: "don't learn through life, learn to grow with life " |
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VENTURE Purchase $1.25. Vol look very SUSPICIOUS. It look like something brewing...., and it can oso mean no good... or good...??? look at the volume and price drop....Is the deal off?? Better to avoid liao.
Broker info: 1547 [Dow Jones] GES off 2.5% at S$1.17 with broker saying there''s talk company "may have lost a major customer" which could affect Venture''s recent S$980 million takeover bid. GES executives in meetings, not immediately available to comment. Most heavily traded stock on market with 32.4 mil shares changing hands. Support at S$1.17 with over 1.1 mil bids at that price. Venutre flat at S$11.60 on thin volume of 53,000 shares. If deal is off, GES could goes underwater $1.00.
Never wrong to take profit. Reposted: Where is all d big boys?. Gone liao isit!! Stock seem laggard just awating for time to past and waiting for Venture to buy over. |
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DanielXX
Member |
06-Sep-2006 17:53
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My my, doesn't look good indeed. Very abnormal volume. Definitely something going on. Something in the market to keep us interested every day nowadays :-) |
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sandbox
Senior |
06-Sep-2006 16:47
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Thanks tandnj, May I ask where did you get this piece of info? Thanks. |
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tandnj
Member |
06-Sep-2006 16:44
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Rumour on GES - "there's talk company "may have lost a major customer" which could affect Venture's recent S$980 million takeover deal for GES; deal values GES at S$1.25/share. GES executives in meetings, not immediately available to comment; Venture's corporate communications department not answering calls". |
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sandbox
Senior |
06-Sep-2006 15:24
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Not too sure.. Hopefully not.. Am vested. Wonder if the big boys are playing mind games... offloading to bring down the price to load up again nearer the confirmation date.. Looking out on this counter... |
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terencefok
Master |
06-Sep-2006 15:21
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could the takeover be off? | |||||||||||||||||||
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sandbox
Senior |
06-Sep-2006 15:19
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Thought that the price will remain stable till Dec when the confirmation is done.. Can't seem to find any info leading to the drop and the accumulation... Very strange.. | |||||||||||||||||||
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terencefok
Master |
06-Sep-2006 15:17
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me too. i m puzzled | |||||||||||||||||||
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sandbox
Senior |
06-Sep-2006 15:11
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Very high volume today but price dropping... any insights as to why this is happening? Haven't had this kind of volume ever since the announcement of the take-over by Venture.. Thanks. |
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teeth53
Supreme |
18-Aug-2006 21:28
Yells: "don't learn through life, learn to grow with life " |
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teeth53
Supreme |
05-Aug-2006 19:12
Yells: "don't learn through life, learn to grow with life " |
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An attempt by big boys to push it share px up is due to it good result announcement of a 30% profit as see fit at this moment, however it seem the px has been sort of stag, a possible option is waiting for uncertanty to settle down it option by Venture to buy at a consideration px of $1.25 cents hich is subject to board approval, a px which deem to be a bit on the high side while awaiting for more buyers to buy and take over from Venture offer price and w/o much offer from others except Venture and that is why it attemp and stag and stay at it current px. Happy trading to those who is either vested or interested. Have a nice week end yah.. ($^_^$) |
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