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Stock at 0.07, Cash Distribution at 0.08!!!
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AnthonyTan
Elite |
20-Apr-2010 10:51
Yells: "patience" |
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Pl. note that investors are very fast to take up any advantage situation.Don't notice any in this counter. (my opinion oni.)
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Hulumas
Supreme |
20-Apr-2010 10:16
Yells: "INVEST but not TRADE please!" |
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CASH distribution of Sgd. 0.08 is still an imagination I suppose.
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AnthonyTan
Elite |
20-Apr-2010 10:07
Yells: "patience" |
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A bird in hand is better than 2 in the bush. No guarantee hor,
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renzokun
Senior |
19-Apr-2010 23:01
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moreovr mayb there's ppl trying to sell dn creating fear so they cn collect..jz a thou..y not, anything cn happen in this mkt. 'scheming' | ||||
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blackstreams
Senior |
19-Apr-2010 21:18
Yells: "virtus; patiens; felicitas" |
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As the payout of the dividends is only upon the divestment of the remaining assets under SPA 4 and SPA 5, I believe the sellers do not wish to wait until the divestment is complete and just wish to let go of their holdings. This is because their cash is stuck here during the wait, while they feel it might be better invested elsewhere. Those who bought when it was less than 0.075 will probably have taken profits earlier. So these are buyers who probably bought in at 0.075 or 0.08 looking for a quick(er) buck. Cheers.
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ppdghius
Member |
19-Apr-2010 21:08
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How come there are many lots queuing to sell at 0.08? It doesn't make sense. | ||||
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blackstreams
Senior |
16-Apr-2010 16:03
Yells: "virtus; patiens; felicitas" |
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Like lawcheemeng stated, after the divestment of their holdings under SPA4 and SPA5. It's on the SGX announcement pages.
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blackstreams
Senior |
16-Apr-2010 16:00
Yells: "virtus; patiens; felicitas" |
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For a moment, I thought u were pharoah88 :)
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OctiOcti
Member |
16-Apr-2010 15:53
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They already confirmed tat they paying 0.08 div! It reali a gd deal, 0.075 to get 0.08 div!! Btw anyone know when they distribute the div?? |
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lawcheemeng
Master |
16-Apr-2010 14:41
Yells: "fly me to the mooon" |
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go sgx read their ann,.......lor..........hheehehe..........YES......once the deal.....of selling off their asset.......
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AnthonyTan
Elite |
16-Apr-2010 13:17
Yells: "patience" |
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Buy at $0.075 to get $0.08. Is this really confirmed??????
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lawcheemeng
Master |
13-Apr-2010 16:52
Yells: "fly me to the mooon" |
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the duel now is half way liao ..hehehe....add abit more today..hehehe.......everyone want this duel to go tru leh.....big holder small holder....the buyer of their business....hehehe...all want the duel to go tru......hehehe........coming sooon....more news.......hopefully faster lor..... | ||||
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blackstreams
Senior |
13-Apr-2010 16:32
Yells: "virtus; patiens; felicitas" |
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Hi guys, I'm back! Did u even notice I'm gone? Kingster - That's good news. I haven't had the time to go through the filings and announcements yet (just touched down), but it seems like SPA1, SPA2 and SPA3 are more or less settled. So we're left with the divestments SPA4 and SPA5 which are, I believe, still pending approval. Do fill us in if u come across any news regarding their statutory approval and conditional fulfillment. Cheers.
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kingster
Senior |
13-Apr-2010 13:27
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http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_DD8202BDC1CD8D50482577040018E294/$file/Eagle_Annct_of_receipt_of_second_tranche_consideration.pdf?openelement The Board of Directors of the Company refers to the Circular and the announcement released by the Company in relation to the results of the SGM held on 7 April 2010. Under the payment schedule of SPA1, SPA2 and SPA3, (a) an aggregate amount of RMB90,925,785.74 equivalent to 30% of the SPA1, 2 & 3 Consideration ( Consideration settlement of the Intercompany Payables and Intercompany Dividends pursuant to SPA2 and SPA3 were required to be paid to Peony within 3 working days following the date of the approval of the Shareholders at the SGM being obtained, being 12 April 2010. The Board is pleased to announce that on 9 April 2010, Peony has received the entire sum of the amount of RMB196,657,716.47 of the Second Tranche Consideration and the settlement of the Intercompany Payables and Intercompany Dividends pursuant to SPA2 and SPA3 from Foshan Xinli, which are in compliance with the terms of SPA1, SPA2 and SPA3 and the Intercompany Payables Agreement respectively.
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yummygd
Supreme |
09-Apr-2010 20:20
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hmmmmm u r right | ||||
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lawcheemeng
Master |
09-Apr-2010 20:16
Yells: "fly me to the mooon" |
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sure lah....anything can happen mah.....tomorrow ah k e da.........boom......ah mah re ka......every thing also gone liao lor.....hehehe.......Risk ......management...can handle than try lor....can handle......keep under pillow lor.....hehehe....joking hor.......... | ||||
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yummygd
Supreme |
09-Apr-2010 20:04
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can e re organisation be unsuccessful possible?? | ||||
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lawcheemeng
Master |
09-Apr-2010 19:50
Yells: "fly me to the mooon" |
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wah 67 pages read until i blur blur you use one paragraph thks you so much.....monday must load some more...hehehe |
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ppdghius
Member |
09-Apr-2010 12:19
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Eagle is selling its 3 subsidiaries to Shiwan Office. Shiwan Office owns Smart Asset (30 percent shareholder of Eagle). The reason why Eagle is selling its assets is because of the losses (subsidiaries A and B making losses, only subsidiary C is profitable) it makes over the years. The buyer Shiwan Office is confident of making use of its resources to make the subsidiaries profitable. The cash generated from the sales of these subsidiaries is distrbuted back to shareholders at $0.08 per share. After which, Eagle becomes a cash company. They can either look for new businesses to invest or become a RTO target.
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AnthonyTan
Elite |
09-Apr-2010 11:08
Yells: "patience" |
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What happen to this super sale of the century? Stock at 0.07 cts and cash distribution at 0.08 cts. Any forummers, pl. enlighten me, thank you. |
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