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tea444u Master	13-Aug-2013 23:46        tea444u About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	good... wished had bought more...now hold on to see this grow...  mcking      ( Date: 08-Aug-2013 06:37) Posted: No, they did  not buy recently.  And they probably cannot as it is within one month of announcing their final results for the year.    Should be a very interesting final year result or corporate action within the result, judging by the fact they converted all their warrants although the expiry date is 4 1/2 years away.  Also the company is already flushed with cash, there is very little logic of cash injection via warrant conversion by the 87% controlling shareholder.
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mcking Member	13-Aug-2013 05:30        mcking About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Errr.... what happened to your " wait for FY results" and " hold on for privatisation" ????  I think the next time you write any letter to a CEO, he will ignore you for sure. edwinjup      ( Date: 12-Aug-2013 11:19) Posted: Well done..haileck....i have lock in all profit liao..thanks
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edwinjup Master	12-Aug-2013 11:19        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Well done..haileck....i have lock in all profit liao..thanks
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mcking Member	08-Aug-2013 06:37        mcking About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	No, they did  not buy recently.  And they probably cannot as it is within one month of announcing their final results for the year.    Should be a very interesting final year result or corporate action within the result, judging by the fact they converted all their warrants although the expiry date is 4 1/2 years away.  Also the company is already flushed with cash, there is very little logic of cash injection via warrant conversion by the 87% controlling shareholder.
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tea444u Master	06-Aug-2013 02:31        tea444u About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	hi folks...anyone here can tell me if cheng bought back shares recently at 255   ? i cannot open the file on sgx thanks ...
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jackson5 Member	31-Jul-2013 20:52        jackson5 About Contact  Quote this Post!
x 0   x 0  Alert Admin	What if the Chengs take private, pay a premium and share price shoot up to 0.40 ?
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tonylim2 Senior	31-Jul-2013 12:11        tonylim2 About Contact  Quote this Post!
x 0   x 0  Alert Admin	What if Chang BP not interested to take private ? Many retail investors will panic and dump, share will  fall back  to 0.20.
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edwinjup Master	28-Jul-2013 12:38        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	If someone scope up more than 5% hl share now..maybe the counter will be susp and pending for actions as available for public fall below ten percent jackson5      ( Date: 28-Jul-2013 11:33) Posted: Hope someone with strong financials , scoop up more than 10.1% of HL shares and upset Cheng's privatization plan,  like what is happening to Hong Leong Cap in Malaysia , then we minority can even hope for a better offer from Cheng. Still hopeful on this !
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edwinjup Master	28-Jul-2013 12:21        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	U really make everyone a happy weekend..let see any actions after fy result...cheer jackson5      ( Date: 28-Jul-2013 10:30) Posted: If the offer price is not more than 0.35, The chengs are unlikely to succeed to take private.
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jackson5 Member	28-Jul-2013 11:33        jackson5 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hope someone with strong financials , scoop up more than 10.1% of HL shares and upset Cheng's privatization plan,  like what is happening to Hong Leong Cap in Malaysia , then we minority can even hope for a better offer from Cheng. Still hopeful on this !
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edwinjup Master	28-Jul-2013 11:27        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	U really make everyone a happy weekend..let see any actions after fy result...cheer jackson5      ( Date: 28-Jul-2013 10:30) Posted: If the offer price is not more than 0.35, The chengs are unlikely to succeed to take private.
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jackson5 Member	28-Jul-2013 10:30        jackson5 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If the offer price is not more than 0.35, The chengs are unlikely to succeed to take private.
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tea444u Master	27-Jul-2013 22:59        tea444u About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	sorry ..should be more diplomatic ... yahoo. tea444u      ( Date: 27-Jul-2013 13:41) Posted: yipppppeeeeeeeeeee!!!! thank you Jackson..... made my day!!! jackson5      ( Date: 27-Jul-2013 11:55) Posted: The chengs spent almost S$9 millions to convert the warrants 4  and 1/2 years before the expiry of it ? For the dividend ? Maybe but highly unlikely because every 1 cent will give them 68K extra of dividend. Take private ? Maybe but highly likely because it can save millions yearly and can operate with more freedom and flexibilities. After all HL is a very small listed company and HL do not need  a listing status to give a good and high profile for borrowing monies from banks. If the chengs want to have effective control over HL , all they need is just 50% plus one share , and the rest of the expenses are shared by the minorities. Now they hold about 86% , practically they bear more of the expenses , not really shared by the minorities. Hold on to your shares for the privatization, the chengs will have to pay a premium to take private.
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tea444u Master	27-Jul-2013 13:41        tea444u About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	yipppppeeeeeeeeeee!!!! thank you Jackson..... made my day!!! jackson5      ( Date: 27-Jul-2013 11:55) Posted: The chengs spent almost S$9 millions to convert the warrants 4  and 1/2 years before the expiry of it ? For the dividend ? Maybe but highly unlikely because every 1 cent will give them 68K extra of dividend. Take private ? Maybe but highly likely because it can save millions yearly and can operate with more freedom and flexibilities. After all HL is a very small listed company and HL do not need  a listing status to give a good and high profile for borrowing monies from banks. If the chengs want to have effective control over HL , all they need is just 50% plus one share , and the rest of the expenses are shared by the minorities. Now they hold about 86% , practically they bear more of the expenses , not really shared by the minorities. Hold on to your shares for the privatization, the chengs will have to pay a premium to take private.
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edwinjup Master	27-Jul-2013 12:07        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks...but may need to wait a while as cheng might not be able to buy or sell any share around one month before fy result..expected in 26aug jackson5      ( Date: 27-Jul-2013 11:55) Posted: The chengs spent almost S$9 millions to convert the warrants 4  and 1/2 years before the expiry of it ? For the dividend ? Maybe but highly unlikely because every 1 cent will give them 68K extra of dividend. Take private ? Maybe but highly likely because it can save millions yearly and can operate with more freedom and flexibilities. After all HL is a very small listed company and HL do not need  a listing status to give a good and high profile for borrowing monies from banks. If the chengs want to have effective control over HL , all they need is just 50% plus one share , and the rest of the expenses are shared by the minorities. Now they hold about 86% , practically they bear more of the expenses , not really shared by the minorities. Hold on to your shares for the privatization, the chengs will have to pay a premium to take private.
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jackson5 Member	27-Jul-2013 11:55        jackson5 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The chengs spent almost S$9 millions to convert the warrants 4  and 1/2 years before the expiry of it ? For the dividend ? Maybe but highly unlikely because every 1 cent will give them 68K extra of dividend. Take private ? Maybe but highly likely because it can save millions yearly and can operate with more freedom and flexibilities. After all HL is a very small listed company and HL do not need  a listing status to give a good and high profile for borrowing monies from banks. If the chengs want to have effective control over HL , all they need is just 50% plus one share , and the rest of the expenses are shared by the minorities. Now they hold about 86% , practically they bear more of the expenses , not really shared by the minorities. Hold on to your shares for the privatization, the chengs will have to pay a premium to take private.
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jackson5 Member	27-Jul-2013 10:25        jackson5 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The cheng will give offer before they decide to cross 90%. An EGM will be called , and  the circular will state the Cheng will apply SGX listing Section xxx after crossing 90%. I was shareholder of PST , I refused to accept PIL's offer , thought worst case scenario for me was to hold the shares in an unlisted company like CK Tang , but this Section xxx is just like property Enbloc rule , if the offeror  apply it  , game over for all minority. Even I did not sign any consent letter, CDP deducted my PST shares from my CDP account and transfer it to PIL, and PIL just sent me a bank draft few days later.
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edwinjup Master	27-Jul-2013 08:36        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi tea..still not sure ceo actions..just need to wait for fy result in end aug to get cue..cheer and stay cool... tea444u      ( Date: 27-Jul-2013 01:53) Posted: not mandatory... voluntary... rite? tea444u      ( Date: 26-Jul-2013 20:51) Posted: also cheng holds 87 percent...bit more mandatory takeover
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tea444u Master	27-Jul-2013 01:53        tea444u About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	not mandatory... voluntary... rite? tea444u      ( Date: 26-Jul-2013 20:51) Posted: also cheng holds 87 percent...bit more mandatory takeover? jackson5      ( Date: 26-Jul-2013 10:00) Posted: Cheng will take private and delist it, can save millions yearly .
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tea444u Master	27-Jul-2013 01:13        tea444u About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	hi to delist he would still haf to pay a small premium above the last traded price right? jackson5      ( Date: 26-Jul-2013 22:40) Posted: Cheng need another 3-4%  to cross 90% , game over for all minorities .  HL will be privatised and delisted automatically.
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