Latest Forum Topics / ShanghaiAsia | Post Reply |
ShanghaiAsia Red hot by Kim Eng
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Octavia
Elite |
01-Apr-2013 09:56
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Based on a quick calculation there is no point chasing this counter.If delisted  one would get close to the same amt given in the capital reduction  base on current price. Thanks.
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guoyanyunyan
Elite |
01-Apr-2013 09:36
Yells: "uncertainty always exist" |
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...No intention... according to announcement, the Company has up to 25 April 2013 to enter into a definitive agreement for a   new business that meets the requirements for a new listing as provided in Rule. … ...left less than $2M only after capital reduction… seems set for delilsting … unless someone consider doing a RTO… |
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Octavia
Elite |
01-Apr-2013 08:52
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GYYY,are you planning to invest? Any idea what happens to the share if the company is planning to delist?
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guoyanyunyan
Elite |
31-Mar-2013 21:06
Yells: "uncertainty always exist" |
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.... tomorrow 1st April ....  | ||
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guoyanyunyan
Elite |
31-Mar-2013 21:04
Yells: "uncertainty always exist" |
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... this counter liquidity quite low.... ... cash distribution higher than share price .... really? no mistake.... that's interesting ....  |
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elizlow
Senior |
31-Mar-2013 20:38
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Shanghai Asia just announced proposed cash distribution of $0.0973 ($97.3 for 1,000 shares)  in cash for each ordinary share. Gd luck to all holders. God bless. | ||
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elizlow
Senior |
13-Aug-2012 21:22
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Shanghai Asia Holdings just announced divd of 0.085 cts per share. Good luck to all holders. God bless. | ||
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bsiong
Supreme |
05-Jan-2011 11:11
Yells: "The Greatest Wealth is Health" |
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Shanghai Asia Holdings Ltd (“the Company”) clarified that the initial negotiations centres on the disposal of substantially the whole of the Company’s businesses, including the Company’s printing business for an aggregate price of RMB1 billion. Subsequently, Shantou Wanshun Package Material Co., Ltd. (“SWP”) and Gemguard Technologies Pte. Ltd. (“GTPL”) entered into a strategic partnership to jointly acquire all of the Company’s businesses. There is no equity relationship between SWP and GTPL. The total price of the proposed sale of substantially all of the assets, liabilities and businesses of the Company remains at RMB1 billion but divided into two (2) transactions consisting of SWP’s portion of RMB750 million and GTPL’s portion of S$50 million (agreed equivalent to RMB250 million at the time of execution of the Sale and Purchase Agreements). As a result, the Sale and Purchase Agreements were executed. It has also appointed DMG & Partners Securities Pte. Ltd. (“DMG”) as the independent financial adviser in relation to the Transaction. |
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knightrider
Elite |
29-Nov-2006 15:19
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Shanghai Asia is a cigarette packager servicing first-tier tobacco companies in China. The company?s new aluminium mill JV is poised to contribute from 2007 onwards, which will underpin 3-year earnings CAGR of 19% through 2009. Vis-à-vis Vision Grande (listed in Hong Kong), Shanghai Asia?s investment merit is more compelling on grounds of growth potential and valuations. We recommend a buy on the stock. Our target price of $0.33 per share is based on 9x FY07 P/E, which is still a considerable discount to the peer group range of 16x P/E. |
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