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Chasen
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Chasen holdings could be the next big multiplier
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msksmsks
Supreme |
23-Dec-2023 07:32
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Sure, bro
Congrats Merry Xmas
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hschsc
Master |
23-Dec-2023 07:22
Yells: "Invest in financially healthy companies" |
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CS  disclosed for the first time after the market closed on December 13 that it was negotiating an equity transaction involving some subsidiaries with an international company. The conditions have not yet been negotiated, and there is no guarantee that the transaction will eventually be realized. The day after the news was released, its share price soared 18% to 5.3 cents. On Friday, it fell back to 4.7 cents, slightly higher than the closing price of 4.5 cents on December 13. | ||||
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Chansenghoe1971
Elite |
22-Dec-2023 22:05
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Correction
They should book in huge gain from disposal perhaps $0.12 to $0.15 per share So nav likely be $0.28 Tuesday has to gap up more than $0.10 potentially crossing 0.12. Can t wait We will see
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Chansenghoe1971
Elite |
22-Dec-2023 17:51
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Tuesday gap to 7.
10 is easy target now. NAV 0.18
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Chansenghoe1971
Elite |
22-Dec-2023 17:47
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They jump step 3.
But step 3 will come soon.
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Chansenghoe1971
Elite |
22-Dec-2023 17:46
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So how? When I can be your guest?
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leemenghoe
Senior |
22-Dec-2023 17:45
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wow,chasen to get $59 millions dollars from the sale..no wonder chasen wants to build a 66millions dollars new facility..but still, if don't bui build it will be better for shareholders.imho | ||||
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Chansenghoe1971
Elite |
22-Dec-2023 17:45
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$59m / $387m
= $0.15 per share Sure? |
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Chansenghoe1971
Elite |
22-Dec-2023 17:42
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The Company wishes to refer to the holding announcement dated 13 December 2023.
On 13 December 2023, the Board of Directors (the ?Board?) of the Company announced that the Company was considering a potential transaction from an international company involving some of the subsidiaries of the Company which may or may not lead to the divestment of the abovementioned subsidiaries. The Board wishes to update that it has accepted an offer of price of SGD 67,401,360 from the international company, on a cash-free and debt-free basis for 72% of the consolidated shareholding structure of some of the subsidiaries of the Company. The net amount expected to be received by the Company will be approximately SGD 59,261,760.The offer is still subject to final agreements as well as the necessary approvals and clearances from all required governmental and regulatory bodies and any other third-parties and the shareholders of the Company. The Board wishes to emphasize that there is no certainty or assurance that any transaction will occur. If and when, there are any material developments which warrant disclosure, the Company will, in compliance with applicable rules, make further announcements as appropriate. The Board wishes to advise shareholders to exercise caution when dealing or trading in the shares of the Company. Shareholders should consult their stockbrokers, bank managers, solicitors or other professional advisers if they have any doubt about the actions they should take. The directors of the Company (including any director who may have delegated detailed supervision of the preparation of this announcement) have taken all reasonable care to ensure that the facts stated and opinions expressed in this announcement are fair and accurate and that there are no other material facts not contained in this announcement, the omission of which would make any statement in this announcement misleading. |
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Chansenghoe1971
Elite |
22-Dec-2023 17:34
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Good news! | ||||
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eddyeddy
Master |
15-Dec-2023 23:15
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Avoid this one ! | ||||
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msksmsks
Supreme |
15-Dec-2023 22:28
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Big boys, ...be my guest...
No free meals
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Chansenghoe1971
Elite |
15-Dec-2023 15:42
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Only big boys rush in. Nobody rush in.
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Chansenghoe1971
Elite |
15-Dec-2023 15:40
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They worked their sums. Rental cost and monthly instalment not much diff. At the end of it, still an asset.
By selling some non related company will unlock cash and re divert to this repayment. Why not?
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msksmsks
Supreme |
15-Dec-2023 15:38
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Those rushed in yesterday may kenna stuck again if no concrete developments
If those don wanna hold may start.selling down and get out. jus be careful. |
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eddyeddy
Master |
15-Dec-2023 15:24
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Any rushed in to buy at around 8 cts . Got stick and try to sell to new suckers . | ||||
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eddyeddy
Master |
15-Dec-2023 15:22
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Mistake to build the warehouse . Bank interest rate go up , no way to be able to pay 8nterests .
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Chansenghoe1971
Elite |
15-Dec-2023 15:08
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Boss stress and managed an array of companies. Looks so haggard and nothing wrong to pay himself well.
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eddyeddy
Master |
15-Dec-2023 14:25
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Profits go to feed the directors and the staff, nothing for shareholders | ||||
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Slowturtle
Senior |
15-Dec-2023 13:41
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This counter very illiquid. Perhaps needs a change in management strategy to revive from deep slumber. | ||||
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