| Latest Forum Topics / K1 Ventures |
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k1 Ventures
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Ahboi90
Member |
25-Aug-2017 00:51
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Pre school was a  hot- button issue raised in a National Day Rally as the number of childcare places has been steadily increasing these years. Get ready for gov to pump in more funding into this sector!
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antifragile
Senior |
25-Aug-2017 00:42
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Knowledge Universe Education LP (KUE) is a leading global education company with a network of more than 3,000 locations worldwide, with over 40,000 education professionals operating early childhood education centres, international schools, large online schools and school management systems.  KUE maintains its international headquarters in Singapore, and has over 200 locations in Singapore, Malaysia, India and the UK, primarily operating under the brands Busy Bees, Learning Vision, Learning Horizon, Pat&rsquo s School House, The Children&rsquo s House and the Canadian International School. PRE-SCHOOL!!! |
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Ahboi90
Member |
25-Aug-2017 00:39
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Income Statement FY2013     FY2014       FY2015       FY2016      FY2017 Total Revenue       95.938      31.644      60.618            195.081      94.16 Gross Profit           70.107      31.644      42.393             187.574      87.502 Net Income             54.57        12.772      24.929            140.566       149.982  Maybe it' s time to add this gem back into watchlist! |
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waters
Senior |
02-Apr-2017 18:27
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Is Guggenhiem a fund manager or an acounting firm? |
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Owl793
Member |
02-Apr-2017 18:09
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How would your valuation be if it is preferred stock (Preference shares)  unlike common stock (Ordinary shares)- because K1 is vested in preferred stock of Guggenheim of about 5% & NOT common stock as per circular. Appreciate your comments as I have no accounting background.
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Owl793
Member |
22-Mar-2017 10:34
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You made a good point here, but not many retail investors understand this number. That' s why the sell down. local brokerage CIMB is blur.
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Owl793
Member |
22-Mar-2017 10:31
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K1 initial investment in these two  disposed entities are recorded at original cost, so book value at 44c is not the sales proceeds which is pending further announcement. But it is not unusual to see profitable business selling at 2 to 3 times book. The final sales proceed figures is causing  anxiety  & confusion bcos it is unknown. 
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furnaces
Veteran |
22-Mar-2017 10:28
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K1 Ventures, is it supposed to be worth this little? Guggenheim Partners has an estimated AUM of US$260 billion according to its website. Typically a asset manager valuation is about 2% of AUM, but for such a well-run asset manager like Guggenheim, it could be about 3.5-5% of AUM. Blackrock is valued around 7% of AUM. Assuming we take 3.5% valuation of AUM of US$260billion, Guggenheim is worth about USD$9.1billion. Now, K1 Ventures invested USD$100million in Guggenheim in 2011.     |
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alishan
Senior |
21-Mar-2017 19:52
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According to https://finance.yahoo.com/quote/BLT.SI/key-statistics?p=BLT.SI   Book value of K1 Venture is $0.44.   Why buy at $0.68, if K1 Venture will be shell company?  
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Owl793
Member |
21-Mar-2017 18:45
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EGM : Wednesday 29 March 2017 Venue & Time: Four Seasons Hotel, 2pm -------------------------------------------------------------- NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of k1 Ventures Limited (the &ldquo Company&rdquo ) will be held at Four Seasons Hotel, Four Seasons Ballroom (Level 2), 190 Orchard Boulevard, Singapore 248646 on 29 March 2017 at 2.00 p.m. (Singapore time), for the purpose of considering and, if thought fit, passing with or without modifications, the following resolutions: Ordinary Resolutions 1. Approval for the Proposed Divestment of the Company&rsquo s Interests in KUE 3 LP (&ldquo KUE Interests&rdquo ) 1.1 RESOLVED THAT: (a) the proposed disposal by the Company of its entire KUE Interests and (b) in the event that the Company exercises the put option granted to the Company in respect of the KUE Interests, such exercise of the put option for the disposal of the KUE Interests, be and are hereby approved on the terms to be determined by any director of the Company (&ldquo Director&rdquo ). 1.2 FURTHER RESOLVED THAT the Directors and any one of them be and are hereby authorised to do all acts and things and to execute all such documents as he or she may consider necessary or expedient to give effect to this Resolution. 2. Approval of the Proposed Divestment of the Company&rsquo s Interests in Guggenheim Capital, LLC (&ldquo Guggenheim&rdquo ) 2.1 RESOLVED THAT: (a) the proposed disposal by the Company of its entire interests in Guggenheim, including any additional common units in the capital of Guggenheim issued to the Company from time to time, be and is hereby approved and (b) the exercise by the Company of the put option granted by Guggenheim in respect of the Company&rsquo s disposal of its ownership interests in Guggenheim, be and is hereby confirmed and ratified, on terms to be determined by any Director.   |
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Owl793
Member |
21-Mar-2017 18:36
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Destruction of shareholders' value here. Down from 90c to 68c just  couple of  weeks ago. Mgt is so  dumb to issue such a circular without full disclosure -  K1 anounced that it had  sold its last 2 businesses but the consideration (selling price) is still  unknown to-date.  So what is the residual value after disposal available for distribution is a big question mark. How can  mgt sought shareholders' approval on disposal without full disclosure of selling price which is causing the confusion to many retail investors. SGX is  closing one eye  just bcos it is a GIC or TLC.    
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pnuklis
Master |
17-Mar-2017 09:57
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The recent share price drop is in anticipation that they will get approval on AGM for asset sale and distribution of dividend on that account. When you sell assts and give it back then obviously the share price drops by that tune. It is natural. As it is already factored in when it happens there wont be any change. THis has been the policy of this company run by Keppelite' s since long time I have seen this stock. Already earned back what I have invested by way of dividends.  |
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yummysukiyaki
Veteran |
17-Mar-2017 09:43
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Never knew Keppel has such a junk stock! |
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arkan1111
Veteran |
16-Mar-2017 14:06
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I recalled back the last time before it gave 0.21 divident the share price also drop to 0.78, but after annoucement of 0.21 divident the next day immediately went up above 0.9
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HB8289
Master |
16-Mar-2017 13:51
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maybe going back to  marine business where the price now is dirt cheap |
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lausk22
Veteran |
16-Mar-2017 12:56
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The Board and management have been canabalising the company to sell off  assets  through the years. At least, they distributed some of the sales proceeds to shareholders..  
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yummysukiyaki
Veteran |
16-Mar-2017 12:39
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Look bad n had been holding this stock for many years 
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pnuklis
Master |
15-Mar-2017 14:12
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Are dividend announced subject to approval? If that is the case then the reduction makes sence. Not sure if dividend announced? |
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yummysukiyaki
Veteran |
15-Mar-2017 14:09
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Meeting will be served only coffee or tea, no more vouchers
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pnuklis
Master |
12-Dec-2016 13:13
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Dividends are all in 9.5 cents. Now needs to move up after capital reduction. Stable stock. |
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