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Contel Corp
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terencee
Master |
12-Apr-2013 21:31
Yells: "I don't entertain trolls." |
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all AGMs should have info on audited results. Its the SOP. They need to pass it.
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SG_001
Member |
12-Apr-2013 21:29
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I read the section 5 many many times but just couldn't figure out head or tail. Bro Sri analysis sounds logical. | ||||
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srichipan
Master |
12-Apr-2013 20:58
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Read section 5 of the announcement. Especially part Two. The whole chunk about issuing new shares. Why need to decide on this now and not previously.
The deal is already sealed in my opinion. Just a matter of when they will announce (Monday 15april or after AGM on 30april) I will think they will announce the deal tonight or Monday. But will subject to approval of shareholders during AGM. |
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srichipan
Master |
12-Apr-2013 20:49
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The unaudited results is just for them to vet nothin too significant.
If AGM comes before confirmation not weird meh? Since if the deal is not confirmed yet so they cant mention much about it during the AGM. Rather if AGM comes after the deal, the company can brief shareholders and to vote/decide on matters that arose from the deal. |
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clickshop1628
Veteran |
12-Apr-2013 20:00
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Likely extended again. If done deal, should be announced already why wait until last minute? Some more, AGM called to pass the audited results? May be after AGM??? |
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SG_001
Member |
12-Apr-2013 19:56
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Guess most of us here won't know the answer. Any experienced bro or sis care to share ur opinion?
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laopokca
Member |
12-Apr-2013 19:52
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So will there be any announcement or delay or wait till AGM? | ||||
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theyoungone
Member |
12-Apr-2013 19:06
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If anything is mentioned about RTO, announcement date will not be set on 15/4 alr. It will be today -.-
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laopokca
Member |
12-Apr-2013 19:04
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Care to share wat is the something that is too big??? Wonder the dated 15april how come never even mention the RTO... Push back again or deal gone
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gelu2279
Member |
12-Apr-2013 18:48
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something so large will be posted by end of day | ||||
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Huatahearnmoney
Senior |
12-Apr-2013 18:22
Yells: "Rich is ruthless, share the wealth ,share your insider news!" |
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Announcement dated 15 apr.
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laopokca
Member |
12-Apr-2013 18:12
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In the announcement, never mention anything abt RTO... In this case, i scare no news is bad news | ||||
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1963411
Member |
12-Apr-2013 18:04
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Srichipan, is this the announcement that you are referring to? Notice for AGM? http://info.sgx.com/webcorannc.nsf/AnnouncementToday/6B62E409E773C7C948257B4B0012821A?opendocument
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srichipan
Master |
12-Apr-2013 17:29
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can be earlier or later
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gelu2279
Member |
12-Apr-2013 17:20
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is the company liable to report on the very day on 15th? |
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srichipan
Master |
12-Apr-2013 17:17
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Don't know good news or not. But confirm got announcement
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SG_001
Member |
12-Apr-2013 17:16
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Quite a disappointing close. Bro Sri, got announcement means good news right?
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srichipan
Master |
12-Apr-2013 17:10
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okay market closed liao. means announcement coming | ||||
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enrou_dan
Member |
12-Apr-2013 16:32
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With the naked short sellers money at 2 bids higher than the prevailing market bid, 1000 bucks fine and brokerage fees :)
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srichipan
Master |
12-Apr-2013 16:29
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huh? i thought buy in is referring those naked short sellers who must cover back for each day? And not referring to the shares that SGX buy
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