Latest Forum Topics / Kreuz | Post Reply |
Kreuz cruising back up?
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pnuklis
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29-Nov-2013 10:53
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looks like DL imminent and game over. Swiber is so kanchong to let go at such a low price | ||||
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LetsAllTuaHuat
Member |
11-Nov-2013 10:20
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This morning I was awoke by a fouled-mouth dog barking outside my house. Very irritating. I open my laptop and come into SJ forum and guess what! Anyway back to my purpose for this post. In case some no-brain poor-sighted kid has managed to cause misconception on my post, I stated that the fair value for Kreuz is higher than SEA9 offer price of 80cts but never said that the price will go higher than 80cts with the proposed acquisition (so this proved my point that some kid here has poor eye-sight). The ceiling is 80cts at acquisition. Everybody here can read the announcements, make use of analyst reports, evaluate what is the situation and decide what to do.   Poor kid can't read properly, go get a pair of good glasses. Some kid here keep saying he is posting comments back to me which are rubbish. Kid said it himself. What can I do? Lastly, I don't know there is a cock brain. Whoever said it can demonstrate using his own cock or brain how it looks like, it will certainly be an eye-opener for all of us. He may even get top hit in Youtube if he post it online. Link please? That dog is still barking. Very irritating. Don't know why. Anyway, I got some leftover chicken bones from last night. Doesn't smell very good already but still gave him some and he seems happy and stopped barking. Now I know why this dog mouth is so fouled. He walked away chewing those bones.   Peace at last but maybe not!   We'll see.   No problem.   I got lots of leftover chicken bones to feed him.
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Du_shen
Member |
09-Nov-2013 23:25
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Lol childish. Continue barking doggie :) | ||||
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kelvinLim123
Master |
09-Nov-2013 23:17
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If you d not believe u wait and see. The px will not rise abv the offer px and soon move down weeks later. Your money, your choice, good luck to you and the 2 cock brain. |
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kelvinLim123
Master |
09-Nov-2013 23:15
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Don't believe in analyst calling you to reject, wait the px move south, u kick your own backside. u shd have gone thro this before. Analyst are stuck, if they are smart, they wouldn't be analyst. u trust their call, might well go to casino.
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kelvinLim123
Master |
09-Nov-2013 23:11
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It is a done deal, even if shrholder reject,eventually BB win, they got so many way to get hold of the other stake..dont tell me u are like the 2 clown who are just in the mkt. I have been long in mkt to see this play out. U small share holder combine can never win over the BB, they got resoureces we dont. don't be stupid to stay and put your money here to rot like the 2 chap  below, put your money to roll elsewhere, we have got so many.
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kelvinLim123
Master |
09-Nov-2013 23:07
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U sotong head, u too think 1.13...u think analyst are smart, they are like u ...gondo..sotong, cock brain. U think 1.13..i sell you 90c u want? I dont invest, I trade, and i do not need to work, I make lot from penny, only sotong like u stay till 13333333333333333...wait long long till your son buried u at CCK cementery. or u prefer they burn you. so your cock brain can fly in the sky..1.13...hahahahaha
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kelvinLim123
Master |
09-Nov-2013 23:01
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Call yourself mature. Call yourself sotong, cock brain, 1.13...u wait long long for your sotong to be cuttlefish. sold and move on...who the heck are stupid to pay u this..u so smart , u will not be here. so long u post rubbish, u got rubbish comment...1.13 !!! go fly kite.
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Du_shen
Member |
08-Nov-2013 07:26
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Lol. Hes jus a dikhead :/ | ||||
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LetsAllTuaHuat
Member |
08-Nov-2013 07:20
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If you got half a brain at all, you are wasting it so you might as well not use it.   Go get a pair of glasses and colgate and do us all a favour and go get a job in some private equity firm so that we continue to have good companies to invest.   In which case just get colgate.   You go figure this out yourself but wait I forget that half your brain is wasted and cannot be of any good use. Also kiddy, please don't interrupt.   Mature adults having proper conversation here.
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onewhitemoth
Member |
07-Nov-2013 20:48
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Yes. Yes reject | ||||
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tea444u
Master |
07-Nov-2013 20:45
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sad that a good growing coy gets undersold like this! what a joke...what was swiber thinking? worked so hard to see kreuz grow then gif up and sell ....  still maybe they want to create anohter Kreuz in their new babay   Vallianz? that is good too...   but Kreuz shareholders should reject the offer...kreuz is a dollar stock at least... 
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Oldbird
Senior |
07-Nov-2013 15:40
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agreed , sir
kreuz is a solid growing company with good profit margin in a professional field, current PE is only 7 with very bright business outlook.. by offering 80¢ is undervalue kreuz especially to it future potential ! Hope it is not a done deal yet by majority..
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Du_shen
Member |
07-Nov-2013 14:42
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So many selling below 80. Mayb its not that peanut afterall. | ||||
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pnuklis
Member |
07-Nov-2013 14:25
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Every one must reject the offer which is peanuts. DO NOT ACCEPT THE OFFER | ||||
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GorgeousOng
Elite |
07-Nov-2013 14:03
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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Same as STX again??? 🙈 🙉 🙊 🙊 🙉 🙈 |
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Peter_Pan
Supreme |
07-Nov-2013 14:00
Yells: "did you order dunkin' donuts" |
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  OSK-DMG: " Decline 80-C Offer For Your KREUZ Shares"   Kreuz is the subject of a takeover offer by private equity fund SEA9 Pte Ltd at a price of SGD0.80 per share. Unusually, the method of acquisition is by scheme of arrangement, which aims to bypass a general offer. We believe that the offer price undervalues Kreuz, given its long-term growth potential. Our recommendation to shareholders is DO NOT ACCEPT, reiterating our SGD1.16 TP and DCF-value of SGD2.25 per share.  31% discount to TP, 64% discount to DCF-value.  The offer price values Kreuz at a mere 7.4x FY13F P/E, resulting from the interplay between a weak seller and a strong buyer.  The offer price implies a 31% discount from our 12-month TP, and a 64% discount from our DCF-value of the company at SGD2.25 per share, based on a 10.6% WACC.  Kreuz is worth SGD2.00+ in FY15 and beyond.  Factoring in the growth from the diving support vessels (DSVs) sector, we believe that Kreuz? earnings can grow to USD69.4m in FY15F and USD92.2m in FY16F from USD39.7m in FY12.  At those earnings, its shares will be worth SGD2.07-2.61 at the same 10x P/E. SEA9 stands to achieve a 226% return in three years by taking Kreuz private now and potentially re-listing it later at an even higher multiple than at takeover.  Swiber chooses jam now, peanuts later.  Swiber (SWIB SP, NR) will recognise a USD90.6m gain upon deal completion. However, we note that Kreuz accounted for 22-202% of the former?s earnings in the last six quarters, and 50% overall for FY12. Swiber is selling its crown jewel for a one-time gain at the expense of future growth and profitability.  David vs Goliath with a different outcome.  In this case, the combined stakes of Swiber?s and Kreuz? directors already stands at 73.69%, almost at the requisite 75% to achieve ?shareholder approval?.  The scheme of arrangement will then be brought to court, which can then sanction a compulsory acquisition of minority shareholders? stakes. In this case, the minorities have little chance against the Goliath of the majority, and we expect the deal to go through. We do, however, stand by our valuations and recommend that investors DO NOT ACCEPT. |
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teeth53
Supreme |
07-Nov-2013 08:43
Yells: "don't learn through life, learn to grow with life " |
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News in paper  mentioned Kruez is worth more then two dollars.... Nov 05, 2013 Proposed Acquisition By SEA9 Pte. Ltd. Of All The Issued And Paid-Up Ordinary Shares In The Capital Of Kreuz Holdings Limited By Way Of A Scheme Of Arrangement |
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Peter_Pan
Supreme |
06-Nov-2013 14:50
Yells: "did you order dunkin' donuts" |
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jj7007
Member |
06-Nov-2013 07:31
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Not vested, but 80c is already v high historically and is a good offer price. I haven't been touching stocks for a while, so the price I remembered of Kreuz is way too low.. Think about it when it was sama sama as Otto and Marco polo lol. Trade with care, protect your profits and HUAT TO ALL  |
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