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Tropical Senior	08-Sep-2012 00:29        Tropical About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thank you. Now at the price of 0.66/0.67...looks like I hv no choice but to keep it. Dunno how long to wait for it to shoot up.   Hoping it don't go down further. investor38      ( Date: 07-Sep-2012 12:37) Posted: Sorry to hear about your paper loss.  This is a very speculative counter.  Always dangerous to buy following a run-up.  Long term, the company is doing well.  I have been vested since the US financial crisis and I  have not been dissappointed. Palm oil as a commodity will always be in demand. But more importantly, is ," Has the company been profitable and well-run?"   So far it has not dissapoint me..        The bond issue should not worry you at all.  Even when fully converted to shares,  it will constitute only 3.9% of the company share capital.    As mentioned, at  90 cents , this is about 34 % from current levels! What is most import to me is whether management will make use of these capital wisely for more strategic acquisitions and hence enhance the value of the company. Tropical      ( Date: 07-Sep-2012 12:12) Posted: Is it a good thing? Sorry to ask as I don't understand abt the bond things. Quite worry as I vested n bought @0.74 last month. Now made a loss of 0.07 cts.
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jamesng Veteran	07-Sep-2012 19:45        jamesng About Contact  Quote this Post!
x 0   x 2  Alert Admin	seem like going to drop further based on technical
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investor38 Senior	07-Sep-2012 12:37        investor38 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sorry to hear about your paper loss.  This is a very speculative counter.  Always dangerous to buy following a run-up.  Long term, the company is doing well.  I have been vested since the US financial crisis and I  have not been dissappointed. Palm oil as a commodity will always be in demand. But more importantly, is ," Has the company been profitable and well-run?"   So far it has not dissapoint me..        The bond issue should not worry you at all.  Even when fully converted to shares,  it will constitute only 3.9% of the company share capital.    As mentioned, at  90 cents , this is about 34 % from current levels! What is most import to me is whether management will make use of these capital wisely for more strategic acquisitions and hence enhance the value of the company. Tropical      ( Date: 07-Sep-2012 12:12) Posted: Is it a good thing? Sorry to ask as I don't understand abt the bond things. Quite worry as I vested n bought @0.74 last month. Now made a loss of 0.07 cts.
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Tropical Senior	07-Sep-2012 12:12        Tropical About Contact  Quote this Post!
x 0   x 0  Alert Admin	Is it a good thing? Sorry to ask as I don't understand abt the bond things. Quite worry as I vested n bought @0.74 last month. Now made a loss of 0.07 cts.
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investor38 Senior	07-Sep-2012 11:49        investor38 About Contact  Quote this Post!
x 1   x 0  Alert Admin	I view this bond issue as positive for shareholders.  If fully subscribed, it will provide the company with a cheaper source of funding and working capital.  With a conversion price of 90 cents,  there can only be dilution of share price if GAR price is above 90 cents!  This implies an upside of 34% before any  dilution kicks in.      Unlike rights issue, shareholders need not come out any cash at all!   Cheers
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wesely2k Veteran	07-Sep-2012 10:33        wesely2k About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Thanks rutheone1905      ( Date: 07-Sep-2012 10:22) Posted: mho, sell if u in profit. wait till fomc over then decide buy or sell further.  wesely2k      ( Date: 07-Sep-2012 10:16) Posted: So.......is buy or dont't buy ??? Hahahh.....
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rutheone1905 Veteran	07-Sep-2012 10:22        rutheone1905 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	mho, sell if u in profit. wait till fomc over then decide buy or sell further.  wesely2k      ( Date: 07-Sep-2012 10:16) Posted: So.......is buy or dont't buy ??? Hahahh.....
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wesely2k Veteran	07-Sep-2012 10:16        wesely2k About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	So.......is buy or dont't buy ??? Hahahh.....
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cashiertan Elite	07-Sep-2012 09:34        cashiertan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Issue Size : US$400,000,000 in aggregate principal amount of  Convertible Bonds. Issue Price : 100 per cent. of the principal amount of the  Convertible Bonds.  Form and Denomination : The Convertible   Bonds will be issued in registered  form in the denomination of US$200,000 each.  Settlement and Payment : Subject to fulfilment of the conditions set out in the  Subscription Agreement, settlement and payment for  the Convertible Bonds is expected to take place on or  about 4 October 2012 (the " Closing Date" ) or such  other date as the Company and the Joint Lead  Managers shall agree.  Interest : The Convertible Bonds will bear interest at the rate of  2.50 per cent. per annum, payable semi-annually in  arrears.  Maturity Date : 4 October 2017 (the " Maturity Date" ).  Yield to Maturity : 2.50 per cent. per annum, calculated on a semi-annual  basis.  Initial Conversion Price : S$0.8896 for each new Share (using a fixed exchange  rate of S$1.2479 : US$1.00) (the " Initial Conversion  Price" ).   Conversion Premium : 28 per cent. over the closing price of the Shares  quoted on the Singapore Exchange Securities Trading  Limited (the " SGX-ST" ) on 5 September 2012, which  was S$0.695.  Conversion Period : Convertible at the option of the holder of each  Convertible Bond (the " Bondholder" ), at any time on  and after 14 November 2012 up to the close of  business (at the place where the bond certificate  evidencing such Convertible Bond is deposited for  conversion) on 27 September 2017 (but, except as  provided in the Terms and Conditions, in no event   - 3 -  thereafter), or if such Convertible Bond shall have  been called for redemption before 27 September 2017,  then up to the close of business (at the place aforesaid)  on a date no later than seven business days (at the  place aforesaid) prior to the date fixed for redemption  thereof.  If the conversion date in respect of a Convertible  Bond would otherwise fall during a Book Closure  Period, such conversion date shall be postponed to the  first Stock Exchange Business Day after the expiry of  such Book Closure Peri
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edchai Senior	07-Sep-2012 09:29        edchai About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	" Bond issues are not right issues. It's optional if existing shares holder like to take them up. The bond conversion is set at a premium to the existing price at ~0.90 . Hope it helps." Yes.  But just wondering the bond is fully redeemable or irredeemable.
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ragmop15 Member	06-Sep-2012 14:21        ragmop15 About Contact  Quote this Post!
x 0   x 0  Alert Admin	thanks, when will they lift the trading halt? InvestNotTrade      ( Date: 06-Sep-2012 13:48) Posted: http://www.reuters.com/article/2012/09/06/goldenagri-convertibles-idUSL4E8K613A20120906 inca   in case u haven saw... oops, hopefully no meltdown then.  ragmop15      ( Date: 06-Sep-2012 13:05) Posted: where is the link to the news? thank
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phkong Member	06-Sep-2012 14:12        phkong About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	Bond issues are not right issues. It's optional if existing shares holder like to take them up. The bond conversion is set at a premium to the existing price at ~0.90 . Hope it helps. edchai      ( Date: 06-Sep-2012 13:35) Posted: Oops .... means existing shareholders have to pump in more money ?   merlin_magic      ( Date: 06-Sep-2012 12:50) Posted: most likely issuing convertible bonds to raise fund.... If that is the case, there won't be a positive impact on the share px...most likely going down...sian
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InvestNotTrade Member	06-Sep-2012 13:48        InvestNotTrade About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	http://www.reuters.com/article/2012/09/06/goldenagri-convertibles-idUSL4E8K613A20120906 inca   in case u haven saw... oops, hopefully no meltdown then.  ragmop15      ( Date: 06-Sep-2012 13:05) Posted: where is the link to the news? thanks merlin_magic      ( Date: 06-Sep-2012 12:50) Posted: most likely issuing convertible bonds to raise fund.... If that is the case, there won't be a positive impact on the share px...most likely going down...sian
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edchai Senior	06-Sep-2012 13:35        edchai About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Oops .... means existing shareholders have to pump in more money ?   merlin_magic      ( Date: 06-Sep-2012 12:50) Posted: most likely issuing convertible bonds to raise fund.... If that is the case, there won't be a positive impact on the share px...most likely going down...sian
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ragmop15 Member	06-Sep-2012 13:05        ragmop15 About Contact  Quote this Post!
x 0   x 0  Alert Admin	where is the link to the news? thanks merlin_magic      ( Date: 06-Sep-2012 12:50) Posted: most likely issuing convertible bonds to raise fund.... If that is the case, there won't be a positive impact on the share px...most likely going down...sian
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merlin_magic Senior	06-Sep-2012 12:50        merlin_magic About Contact  Quote this Post!
x 0   x 0  Alert Admin	most likely issuing convertible bonds to raise fund.... If that is the case, there won't be a positive impact on the share px...most likely going down...sian
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cashiertan Elite	06-Sep-2012 12:47        cashiertan About Contact  Quote this Post!
x 0   x 0  Alert Admin	omg. i spotted this company like sakari. wanted to wait and buy it after market cool down. M& A again. argh. lol
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bishan22 Elite	06-Sep-2012 12:19        bishan22 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Think is merger and acqusition.. some financial term. Haha.  Tropical      ( Date: 06-Sep-2012 12:02) Posted: May I know what is M & A? Another one like Sakari? Thks.
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rutheone1905 Veteran	06-Sep-2012 12:17        rutheone1905 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	mergers and acquisitions http://en.wikipedia.org/wiki/Mergers_and_acquisitions  Tropical      ( Date: 06-Sep-2012 12:02) Posted: May I know what is M & A? Another one like Sakari? Thks.
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Tropical Senior	06-Sep-2012 12:02        Tropical About Contact  Quote this Post!
x 0   x 0  Alert Admin	May I know what is M & A? Another one like Sakari? Thks.
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