Latest Forum Topics / Frencken Last:1.18 -0.02 | Post Reply |
Frencken Group Ltd
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Bon3260
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24-Oct-2012 09:29
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Frencken has bot over Juken Tech finally. We  give u a yr time 2 improve. Show us... Note: Frencken close 0.195 as @ 23-Oct-2012. ('',) |
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Bon3260
Supreme |
15-Oct-2012 13:52
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Bingo!!! ('',)   E28 (Frencken)
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Bon3260
Supreme |
15-Oct-2012 12:30
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  Got buyer Q 250 lots buy @ 0.193. Later expecting'll hv seller sell 1-shot @ 0.193. Qns' who's e buyer & who's e seller??? ('',) Too obvious liao... |
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Bon3260
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28-Sep-2012 08:54
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I'm @ Q Buy 20 lots Frencken 0.180. ('',) Wish me luck ya...
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Bon3260
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27-Sep-2012 11:39
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0.191 liao!!! I'm waiting 0.180... Sell me pls... ('',)
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Bon3260
Supreme |
26-Sep-2012 16:22
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0.193 liao!!! Cm on drop sm more pls... I'm Queuing... ('',) Kekeke...
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Bon3260
Supreme |
26-Sep-2012 14:31
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If u thk Frencken now's cheap. & u got monies hold long term. U can start buying... Note: Frencken close 0.195 as @ 25-Sep-2012. ('',) |
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Bon3260
Supreme |
14-Sep-2012 08:53
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If Frencken today open 0.205 close 0.200. Means BBs r still inside... If today open 0.205 & close higher. Means BBs r pushing... ('',) Frencken nowadays has no more Daily Share Buy Back... : (
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mcking
Member |
28-Aug-2012 20:29
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As  one of the conditions in  Frencken's takeover of Juken, the two directors and one substantial shareholder  MUST accept the share exchange (instead of cash) up to a minimum of 27.6 million Frencken shares. The cap on the issue of new Frencken shares for the share exchange is 27.7m.  This simply means that the new shares are already fully taken up by the undertaking Juken shareholders/directors.  Of course, it make no sense for the other shareholders to accept the share exchange instead of accepting cash.  And becos the new Frencken shares are already fully taken up by Juken directors, there is no reason to " boost up" the stock price to make it any more attractive for the other shareholders to accept the share exchange. The Juken directors has agreed to accept the Frencken shares despite the market price disadvantage.  Perhaps one can infer that they also feel that Frencken share is grossly undervalued. Frencken has 14 market days from the announcement date to officially launch the GO for Juken shares.  By then, we have the exact timeline for acceptance. |
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Bon3260
Supreme |
28-Aug-2012 10:26
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Looks like not much selling ley... ('',) |
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tradehuathuat
Veteran |
28-Aug-2012 07:53
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Yep it safe, much lower than the 32.4 conversion....hopefully it can go to ard 25cents...i be happy to realise my trades
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tradehuathuat
Veteran |
28-Aug-2012 07:50
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Let say you are the director of juken tech, Would you rather accept 18cents or              1.8 juken shares to 1 FRENCKEN......            1.8*0.18 < 0.215 (market price)?...If the director accept the shares, they have to boost it up by using all means such as sharebuybck, investor meeting, contracts....etcs......
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tradehuathuat
Veteran |
28-Aug-2012 07:48
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i trade intra-day........Let see today how.......
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tea444u
Master |
28-Aug-2012 07:13
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hi there thank u for your help.. another two q- any timeline for the take over thingy? Also, it is safe investment now indeed where Frencken is concerned at the current price as the price is expected to rise to ard 32 cents thereabouts when the two ss convert their juken shares then? thank u!!
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mcking
Member |
28-Aug-2012 03:55
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The number of Frencken shares to be exchanged for Juken Shares is capped at 27.7 million shares.  The two directors and a substantial shareholder  of Juken has already provided an undertaking to take up at least 27.6 million Frencken shares in exchange for their existing Juken shareholdings. So...there is no need to " boost up its stock price" to " tempt" Juken shareholders to choose the share exchange over cash. In any case, at 0.215, I agree the share is grossly undervalued. |
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tea444u
Master |
28-Aug-2012 01:07
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hi mr tradehuathuat....how long will the whole thing take do u know? is it safe fro me to buy   frencken share now and hold until the takeover of juken is complete? thanks so much for your earlier explanation....  | |||||||||||||||
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tedsokny
Senior |
27-Aug-2012 22:14
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Mr Tradehuathuat, are you going in as " hit & run" for it to gap up to 0.32 or for long?  To me, frencken is very much exposed, impacted by down of euro/RM....   
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tradehuathuat
Veteran |
27-Aug-2012 21:14
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FRENCKEN going issue new share for the acqusition of JUKEN tech $0.18 the conversion rate for 1.8 JUKEN = 1 NEW FRENCKEN                                                                 1.8  x $0.18 (takeover price) = $0.324  new frencken share price HOW COME the market only trading at $0.215? .......to complete the acqusition, it has to make  the conversion rate for tempting for juken shareholders to convert their old share into new  FRENCKEN share.  WILL  frencken pay for cash  to JUKEN shareholder or cheaper to issue new shares?......So FRENCKEN has to boost up its stock prices. 
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tea444u
Master |
27-Aug-2012 18:20
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hi there...can help clarify what you mentioned? i am keen on vesting   in Frencken...
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tradehuathuat
Veteran |
27-Aug-2012 17:21
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Closed $0.215 | |||||||||||||||
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