Block buying at 43.5, so watch it !
| Time | Last | Volume | Buy/Sell |
| 14:53:31 | 0.440 | 10,000 | Buy Up |
| 14:52:53 | 0.440 | 1,000 | Buy Up |
| 14:51:29 | 0.435 | 25,000 | Buy Up |
| 14:51:29 | 0.435 | 1,000 | Buy Up |
| 14:51:29 | 0.435 | 121,000 | Buy Up |
| 14:51:29 | 0.435 | 1,000 | Buy Up |
| 14:51:29 | 0.435 | 50,000 | Buy Up |
| 14:51:29 | 0.435 | 1,000 | Buy Up |
| 14:51:29 | 0.435 | 94,000 | Buy Up |
| 14:51:29 | 0.435 | 156,000 | Buy Up |
| 14:51:29 | 0.435 | 10,000 | Buy Up |
| 14:51:29 | 0.435 | 114,000 | Buy Up |
| 14:51:29 | 0.435 | 186,000 | Buy Up |
| 14:51:29 | 0.435 | 500,000 | Buy Up |
tonylim ( Date: 23-Oct-2012 13:57) Posted:
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This is very encouraging    :
| Time | Last | Volume | Buy/Sell |
| 13:03:43 | 0.435 | 100,000 | Buy Up |
| 13:03:39 | 0.430 | 20,000 | Sell Down |
| 13:02:54 | 0.435 | 1,000 | Buy Up |
| 13:02:45 | 0.430 | 100,000 | Sell Down |
| 13:01:58 | 0.430 | 41,000 | Sell Down |
| 13:00:32 | 0.430 | 25,000 | X |
| 13:00:32 | 0.430 | 10,000 | X |
| 13:00:32 | 0.430 | 1,000 | X |
| 13:00:32 | 0.430 | 50,000 | X |
| 13:00:32 | 0.430 | 1,000 | X |
| 13:00:32 | 0.430 | 1,000 | X |
| 13:00:32 | 0.430 | 100,000 | X |
| 13:00:32 | 0.430 | 1,000 | X |
| 13:00:32 | 0.430 | 1,000 | X |
| 13:00:32 | 0.430 | 20,000 | X |
| 13:00:32 | 0.430 | 100,000 | X |
| 13:00:32 | 0.430 | 18,000 | X |
| 13:00:32 | 0.430 | 19,000 | X |
| 13:00:32 | 0.430 | 65,000 |
The Thai Boss is just keeping quiet and waiting to reap the profit.
TP is 60 cents according to CIMB
 
tonylim ( Date: 23-Oct-2012 11:07) Posted:
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Inching up at 43 with high volumn.
shadowmoon ( Date: 22-Oct-2012 20:59) Posted:
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the Thai is relaxing ....hehe
Waiting for OUE to perform
They still got time to make donation...ha
SGX Bull Charge charity run contributions cross $1 million mark with ThaiBev donating $150,000
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_D52CE26C589F237248257A9F0000066E/$file/20121022_SGX_Bull_Charge_contributions_cross_1m_mark_as_ThaiBev_donates_150000.pdf?openelement
Thai group can counter any OUE bid for F&N: CIMB
WRITTEN BY DOW JONES & CO, INC
MONDAY, 22 OCTOBER 2012 14:17
OUE’s talks on a potential F&N offer may herald a bidding war, CIMB says, adding it will be positive for Thai Beverage as it will crystallise its 29% F&N stake’s value.
“We expect OUE to announce a higher bid, whether acting with another party or alone, and TCC to counter offer.” It notes F&N’s F&B business is “highly complementary” to ThaiBev’s non-alcoholic beverage business “TCC/ThaiBev will not want to lose it without a fight.”
It believes TCC Assets has the means to counter offer, noting a counter bid at $11.22/share, the high end of the independent financial advisor’s estimated fair-value range, would be a total consideration of $11.4 billion adjusted for the APB cash on F&N’s books, it would be an “achievable” $5.8 billion from TCC, it estimates.
“If TCC ends up losing, it will not reap the synergies, but enjoy a divestment gain. ThaiBev stands to gain between $300 million and $1.3 billion for a bid in the range of $9.50 to $12.” CIMB keeps ThaiBev at Outperform with $0.60 target. The stock is up 1.2% at $0.425.
Looks promising with high volumn of buy up at .425
tonylim ( Date: 22-Oct-2012 12:50) Posted:
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Thai will let go if the offer by OUE or other contender is good and compelling enough to reap huge profit.  Then we can benefit from a huge dividend I hope.
bikerlover ( Date: 22-Oct-2012 11:58) Posted:
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They will not let it go.
shadowmoon ( Date: 20-Oct-2012 18:12) Posted:
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Got this feel, the Thai will let go bro.
Let see how things move.
 
Rem the Thai Boss say b4 he will not spend too much to take over F& N.
N if he is interested, in beverage business. Singapore got some more better company to target.
 
Strong feeling as others, the Thai will cash out .....hehe..
Hope so. If that the case, THaiBev will cheong.
Cheerio  
sanuks ( Date: 19-Oct-2012 19:31) Posted:
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same thinking too..hehe
tonylim ( Date: 19-Oct-2012 18:50) Posted:
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Indonesia Billionaire VS Thai Billionaire.
Getting more interesting.... Kirin and OUE partnering... 
 
Yea! Past practice they give more than 50% of net profit as dividend :)
tonylim ( Date: 19-Oct-2012 18:50) Posted:
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Hope it sells to OUE for a huge profit and give out generous dividends!
skk888 ( Date: 19-Oct-2012 17:11) Posted:
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Take a punch of salt with terms like "may", and "one of the companies". It can mean "may not" and "one of the other companies", they have equal probabilities.
But it's kirin, it'll be very challenging for thaibev if they want to continue with the bid. Better option is to exit. Thaibev gearing is high and currently rated BBB..
But it's kirin, it'll be very challenging for thaibev if they want to continue with the bid. Better option is to exit. Thaibev gearing is high and currently rated BBB..
bluechip138 ( Date: 19-Oct-2012 17:04) Posted:
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(Reuters) - A Singapore hotel and property firm backed by Indonesia's Lippo Group may team up with Japan's Kirin Holdings to thwart a $7.2 billion takeover offer for Fraser and Neave Ltd (FRNM.SI) from companies linked to Thailand's third-richest man, sources said. In an unexpected move, Overseas Union Enterprise Ltd (OUE) (OVES.SI) said on Friday it is seeking partners in a potential takeover bid for F& N, without identifying the parties. Kirin Holdings Co Ltd (2503.T) is one of the companies involved in the preliminary discussions, said the sources, who spoke on condition of anonymity because the talks were private.
====
  So it is Kirin, exciting bidding war ahead?
If there is another buyer to bid up the price of F& N, thaibev has to pay more to take over, so it should be a bad news to thaibev unless it decided to sell and take profit.
It depends who the "certain parties" are. If its thaibev, then it's good for thaibev as oue has the track recors of managing properties in this region. If its kirin, then it spells trouble for thaibev.
Good for F& N. Bad for TB if it is the buyer but good if it decided to just sell it.
SINGAPORE |
Fri Oct 19, 2012 1:51am EDT
(Reuters) - A firm backed by Indonesia's Lippo Group said it may make a takeover bid for Singapore group Fraser and Neave Ltd (F& N) (FRNM.SI), already the subject of a $7.2 billion takeover bid by companies linked to Thai billionaire Charoen Sirivadhanabhakdi.
The unexpected move by Overseas Union Enterprise Ltd (OUE) (OVES.SI), a Singapore hotel and property group, comes after F& N rebuffed a S$1.4 billion ($1.1 billion) bid for its hospitality and serviced residences unit this month. Sources said the bid was made by OUE.
" OUE wishes to state that it is in discussions with certain parties and is considering all options with respect to F& N, including an offer for F& N shares," OUE said in a statement.
Shares of both OUE and F& N were suspended on Friday.
F& N declined to comment.
========
  After Japs, Dutch, Thai.... Indonesian have also joined the F & N party...
So good or bad for TB? :)
(Reuters) - A firm backed by Indonesia's Lippo Group said it may make a takeover bid for Singapore group Fraser and Neave Ltd (F& N) (FRNM.SI), already the subject of a $7.2 billion takeover bid by companies linked to Thai billionaire Charoen Sirivadhanabhakdi.
The unexpected move by Overseas Union Enterprise Ltd (OUE) (OVES.SI), a Singapore hotel and property group, comes after F& N rebuffed a S$1.4 billion ($1.1 billion) bid for its hospitality and serviced residences unit this month. Sources said the bid was made by OUE.
" OUE wishes to state that it is in discussions with certain parties and is considering all options with respect to F& N, including an offer for F& N shares," OUE said in a statement.
Shares of both OUE and F& N were suspended on Friday.
F& N declined to comment.
========
  After Japs, Dutch, Thai.... Indonesian have also joined the F & N party...
So good or bad for TB? :)
