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Viva Industrial Trust
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tonylim70
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11-Jun-2018 11:06
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Haha 👍 i think so too but they dun overdo it by pressing price down, just dun overdo it..
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laksaman57
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11-Jun-2018 10:11
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I'm convinced the future of merger is bright. Will stay the course to vote 🙋 'FOR' , even if price fall. | ||||
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simpleguy123
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11-Jun-2018 09:53
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Thats provided if retail investors have enough votes.....
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tonylim70
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10-Jun-2018 11:21
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If the financial adviser overdoes it and make the share price super low, i think we small investors should join force and reject the merger!!!. I would vote against the merger becos prior to the annoucement of the merger, the share price of ESR and Viva were much higher than current share price. Dun think they can bully small investors. Look at how the small investors of Sabana managed to teach the management a lesson. If the share price continues to drop and ML continues to sell Viva, I think Viva shareholders should join force and demand ML and Viva management as well as ESR management to answer for it. Think is better off voting against the merger if the situation continues to worsen
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tonylim70
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10-Jun-2018 11:18
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I hope the financial advisers dun  let the share price drop too much, if not they will only anger the shareholders. Especially to ESR reit holders who paid 54 cents for the preferential shares. Viva shares was trading 94 cents after confirmation of the merger and the financial adviser go push the price down to 87 cents, even lower than the share price of 89 cents before the confirmation of the merger. They are too much really
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tonylim70
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10-Jun-2018 11:15
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30% only. Share price kana attacked by BB/Shortist fake sell queue and becos the financial adviser  trying to block the share price from rising by putting huge sell queues and sell whenever share price going to break 51.5 cents. I hope the financial adviser dun let it drop below 50 cents for too long. As one user mentioned, ML the financial adviser for viva  to the merger is selling viva shares, very obvious trying to make share price low artificially until EGM![]()
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damianlee
Member |
10-Jun-2018 08:40
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Thanks. I understand more now.
However, the share price of ESR is weak maybe due to high debt to equity ratio? ESR has Long term debt to equity ratio of 55%. I thought the this ratio should be less than 40%?
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tonylim70
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10-Jun-2018 07:04
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I spotted fake sell queue , shd be big boy' s work. At around 9:10am, the queue was 49.5 vs 50. Then suddenly 50 cents sell queue shoot to 2000+ lots to sell. So some small investors seeing this sudden huge selling queue become scared and cut loss at 49.5 cents at around 9.15am. So mission accomplished for BB. He/she/they manage to collect cheap at 49.5 cents. Then at 9:21am, 800+ lots withdrawn from the 50 cents sell queue. This trick has been used  many times in SGX :) Those who monitor share price closely will know this trick. Fake sell queue to " lure" innocent investors into selling and vice versa. Now esr and viva kana shortist and fake queue BB attention liao.. hai :( Another 2 mths to go. When merger approved obtained during EGM, then the pressing down of share price will be lifted , only then can we see share price of ESR-Viva starts to rise back to perhaps 58-60 cents. ![]()
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tonylim70
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10-Jun-2018 06:56
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hi, first the sell queue may be " fake" or just block to prevent the price from going up, thus there may not be genuine sellers Second, if u buy from open market at 49 cents, there is not enough shares for u to buy. The most u can buy maybe 5000 lots (100 units aka 500,000 shares) but Viva got 975,759,000 shares in circulation. Usually  once u start buying huge number of shares, the share price will rise. They purposely want to keep the share price low for ESR and Viva so that during the EGM, shareholders will vote for the merger becos they know shareholders will be desperate for the merger to succeed for the share price to rise. Give u a scenario: Case 1) Lets assume ESR trading at 60 cents and Viva at $1.20 .. (high share price) During EGM, ESR shareholders sure  will vote against the merger becos they will complain ESR trading at 60 cents but is only priced at 54 cents  when exchanging for Viva shares, not worth it.  Is like bitcoin is trading at $10k, but someone want me to value my bitcoin at $7k when using my bitcoin  to buy  his house for example, of course I will say no way. Same goes for Viva shareholders. They will vote against the merger becos they will complain why Viva shares only valued at 96 cents when it is trading at $1.20, so the deal is not worth it. Is like someone wants value my house at $960k and want me to sell to him when my house can fetch $1.2M in the open market, of course i say no way. So the share price is purposely kept low so that during the EGM, shareholders will be encourage to approve the merger so that re-rating will happen and share price will rocket. And most shareholders will be scared to vote against the merger becos they scare the share price will remain low if merger does not happen. Case 2) BUT if the share price is kept low ,there is a risk of attracting shortist or " fake sell queues" where Big Boys will put in huge fake sell queues to " scare" small innocent investors into selling to them cheap. Once ppl start selling, other ppl see share price falling will also cut loss. This creates a snowballing effect that causes the share price to keep dropping. So they will have a balancing act to perform. Allow the share price to  rise, too high share price may cause Case 1) to happen. Block the share price from rising and push the share price down (as  someone  mentioned ML is doing to Viva share price) may cause Case 2) to happen and I suspect Case 2) is happening now. I spotted fake sell queues for ESR on Friday.  
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damianlee
Member |
10-Jun-2018 00:00
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Also, viva holders might as well buy esr now at $0.49 instead of waiting for their shares to convert at $0.54? | ||||
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damianlee
Member |
09-Jun-2018 23:56
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The current price of esr snd viva is below the new share issue price.
So isnt it better for esr to buy viva shares in open market? If esr share price is still below $0.54 when the agm in aug, what will happen ? Will the merger still go ahead ? |
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tonylim70
Veteran |
09-Jun-2018 16:25
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Next  week we will have a clearer picture of how low the share price Merril lynch allows ESR and Viva to go.. As I mentioned before, i still think the lowest they allow is 50 cents for ESR and 87 cents for Viva. Lets hope that is the case and next week we see share price  bouncing back. Even if 50 cents is not the lowest, I hope it can be maintained at 49-50 cents and not break below that. For Viva I hope it does not break below 85 cents . By breaking the crucial support level, it may attract shortist which is not a good thing. Cheers. Monitor closely next week.. I have been monitoring ESR reits sell/buy queues. The queues are NOT NORMAL. It goes by thousands millions shares each time the queue appears. It cannot be ur small or retail investors. It must be those with powerful backing or having access to a huge quantity of shares. As one users notices, ML has been selling.. they are the financial adviser and they are selling Viva shares, dun make sense right? The only reason is they want to keep the share price low. BUT once merger approved during the EGM, then the artificial " block" will be removed and we  shd see the share price rocket.. BUT we have to endure this pressing down of share price for another 2 more months until Aug EGM. Good luck and stay positive.  
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tonylim70
Veteran |
09-Jun-2018 16:17
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Last time they purposely block the price of ESR at 54 cents for more than 2-3 mths becos they issuing ESR reit for Viva at 54 cents. U can refer to ESR thread for past posting about that. Now they are pushing the share price down so that shareholders are likely to vote for the merger. At first I thought they want the share price to range between 50-52 cents for ESR and 87-89 cents for Viva. But for the past 2 days, ESR dropped below 50 cents. Maybe due to the artificial pressing down of share price by placing HUGE sell blocks at 50.5 onwards atttracting BBs  placing fake sell queues to scare small investors into selling their shares cheap, so it creates a snowball effect until the share price keep dipping. As u observed, Merrill Lynch keep selling to press down the share price. I hope they dun overdo it becos if they overdo it, it attracts shortist, then it may not be good for the share price short term wise. Too low a share price will create FEAR and then shareholders start to blame the merger for the drop in share price and end up voting against the merger. So is a balancing act by Merrill Lynch. Too high share price cannot, too low share price also cannot. I hope for Viva the lowest they allow the share price to drop  is 87 cents and for ESR lowest is 49 cnets. U can go to the ESR Reit thread for more information. http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=18548& msgbdName=ESR-REIT& topicTitle=Merger between ESR and Viva basically agreed ....
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tonylim70
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09-Jun-2018 16:09
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![]() http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=18548& msgbdName=ESR-REIT& topicTitle=Merger between ESR and Viva basically agreed ....
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yeey3e
Member |
09-Jun-2018 16:04
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Merrill Lynch (Singapore) Pte. Ltd recently keep selling on their share, and cause the price is pushing down. I read the announcement posted however i am unable to understand what is the reason behind this company is selling their share below the proposed merger price?  Can anyone here explain? Thanks.  |
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laksaman57
Supreme |
24-May-2018 21:56
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https://www.theedgesingapore.com/post-merger-benefits-aplenty-viva-industrial-trust-unitholders-ocbc | ||||
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tonylim70
Veteran |
21-May-2018 18:50
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Think at 52 cents, should be low liao and will only starts to rise from here towards September when share price will cross 60 cents. Trading at a premium  (10%) above the combined NTA of ESR+VIVA =   51-52 cents . so should be trading at around 60 cents when merger completed. Ok.. all the best to u...
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pirateboy
Member |
21-May-2018 18:39
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will let the market decide what it will do and make my moves thereon.
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tonylim70
Veteran |
21-May-2018 18:21
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typical sell on news.... if u recall NOL and Global logistics and many others.. usually when news is out, ppl sell then then share price dip.. but after awhile share price stabilised then towards completion date slowly rises. Same pattern here for ESR and Viva. Sell on news... then next few days share price stabilised , ESR : 52-53 cents, Viva: 89-92 cents.. Then slowly as EGM approaches in Aug, share price rises and then stabilised.  Then  as completion in september approaches, share price chiong. So ESR will trade 52-55 cents for 2 mths until late july. Then start to rise towards 56-58 cents when EGM approaches in August. Then cross 60 cents when merger completed and then eventually 65 cents (when viva share delisted and viva shareholders will be holding ESR shares).
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pirateboy
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21-May-2018 18:07
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i' d say pretty poor initial response from market. esr down 2%, viva up 3.2%, just put it mildly. sign that market still uncertain abt benefits of sreit M& A. success of this merger is important to fuel future sreit M& A as a precedent. 
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