| Latest Forum Topics / Polaris Last:0.001 -- |
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Polaris really going big time!
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isaacsgx
Elite |
16-Jul-2014 15:06
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Bro JJ' s TP is 26! If later more and more sell volume at 22 coming in, dont be frighten! I guess the 23 are moving down to 22.   So 23 should be lesser volume and easier to break!
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isaacsgx
Elite |
16-Jul-2014 15:03
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EGM resolution will definitely passed on 30 July!   And with this Polaris is going to make huge gains! So share price will definitely move up!
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crashburner
Member |
16-Jul-2014 15:00
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so what' s the TP?   |
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seanpent
Supreme |
16-Jul-2014 14:52
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bro isaacsgx ..... seems that your 26 may be coming earlier than expected, hopefully .....
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seanpent
Supreme |
16-Jul-2014 14:08
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is there new or further company developments ?  looks like it' s moving ...
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seanpent
Supreme |
16-Jul-2014 09:25
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looks like it' s gonna be a strong  move for Polaris  today, hopefully ..... Adventus moving nicely too .....
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isaacsgx
Elite |
15-Jul-2014 21:00
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Reference to today EGM notice: 1. Polaris acquire 504,359,000 shares in Trikomsel at a consideration of S$65,832,122.   This works out to the benefit of Polaris as it was acquire at a discount of $1,596,977.   The current share price of Trikomsel is Rp1,265/share (equivalent to S$0.1337/share using an exchange rate of Rp9,462/S$1.00) This is not yet taking into account the estimated annual dividend payout of Rp20/share which equates to $1,066,072 annual dividend income.   I have not taking into account the exchange gains should rupiah strengthened against Sing dollar. Is it possible, yes! 2. The issue of new ordinary shares in the capital to Tres Maria Capital Ltd of 6,521,739,130 @ $0.023/share = S$150,000,000.   Whether for repayment of loan (if there is any) or for working capital, Polaris stand to gain from having to borrow and paying loan interest. 3. The current share price as at today $0.022/share is definitely worth buying as we (retailer or BB, not Polaris) sure buy at a discount as compared to what Tres Maria and Trikomsel is paying (S$0.023)! Such a good deal for both to Polaris and us (retailer and BB), why are they dumping the shares at $0.022!   Polaris share price should be alot higher than $0.023! |
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danielngel
Senior |
15-Jul-2014 13:56
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Wow. Look at the MD also sian | ||||
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seanpent
Supreme |
15-Jul-2014 12:35
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with huge population and potential  in Mynmar, do you find Polaris very underrated ?
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yummysukiyaki
Veteran |
15-Jul-2014 12:06
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dragonn....Thz for the update, will hold on....Cheers! |
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danielngel
Senior |
15-Jul-2014 11:20
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Bro. That's mean not for contra right ?
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seanpent
Supreme |
15-Jul-2014 08:10
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TA wise, yesterday' s white candle is gonna give it a very strong booster in the coming days ..... probably a very nice U-turn upwards .....
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dragonn
Veteran |
14-Jul-2014 23:58
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Probably x0.5 to x2 growth can be seen in the coming months to a year havent went in depth yet
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seanpent
Supreme |
14-Jul-2014 23:25
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bro .. will Polaris be a potential multi-bagger ?
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isaacsgx
Elite |
14-Jul-2014 23:01
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Bro, thanks for sharing.
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dragonn
Veteran |
14-Jul-2014 22:55
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Lol, I did research much long ago and shared with everyone. This is to boost up Polaris base and is beneficial to shareholders over long run.   Bull Shootup can happen if there' s BB who is genuine interested in Polaris buisness, expanding Polaris will help draw interest by many investors.
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isaacsgx
Elite |
14-Jul-2014 22:28
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Trikomsel today closing is rp 1265 (equivalent to $0.1345/share). Yes u are right, trikomsel is a profitable company. EPS is abt rp111 ($0.0118).
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isaacsgx
Elite |
14-Jul-2014 22:10
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Looks like polaris buying trekomsel shares from tres maria capital. And polaris is issuing polaris shares to tres maria capital in exchange.
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dragonn
Veteran |
14-Jul-2014 21:50
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Anyone can explain what does this means? TRES MARIA CAPITAL LTD --> Interested in Polaris?   http://infopub.sgx.com/FileOpen/Polaris-Rainbow-LQN-Announcement-14-07-2014.ashx?App=Announcement& FileID=305289     POLARIS LTD. Company Registration No. 198404341D (Incorporated in the Republic of Singapore) (A) PROPOSED ACQUISITION OF SHARES IN PT TRIKOMSEL OKE TBK. (B) PROPOSED SUBSCRIPTION OF 6,521,739,130 NEW ORDINARY SHARES IN THE SHARE CAPITAL OF POLARIS LTD. BY TRES MARIA CAPITAL LTD All capitalised terms used and not defined herein shall have the same meanings given to them in the announcements dated 3 July 2014 and 9 July 2014 in relation to the Acquisition and the Subscription. The board of directors (the &ldquo Board&rdquo or the &ldquo Directors&rdquo ) of Polaris Ltd. (the &ldquo Company&rdquo ) refer to the Company&rsquo s announcements dated 3 July 2014 and 9 July 2014. The Directors wish to announce that the Company&rsquo s Sponsor has on 14 July 2014 obtained the listing and quotation notice from the Singapore Exchange Securities Trading Limited (the &ldquo SGX-ST&rdquo ) for the listing and quotation of the Consideration Shares and the Subscription Shares on the Catalist of the SGX-ST (the &ldquo LQN&rdquo ), subject to the following: (i) compliance with the listing requirements of the SGX-ST and (ii) Shareholders&rsquo approval being obtained for the Acquisition and the Subscription. The LQN is not to be taken as an indication of the merits of the Acquisition, the Subscription, the Consideration Shares, the Subscription Shares, the Company, its subsidiaries and their securities. In relation to the extraordinary general meeting to be convened to seek approval of the Shareholders for the Acquisition and the Subscription, a circular to Shareholders containing, inter alia, the financial effects of the Acquisition and the Subscription and the advice of the IFA to the Audit Committee in relation to the Acquisition as an interested person transaction will be issued by the Company in due course. By Order of the Board Ang Chuan Hui, Peter Executive Director & CEO 14 July 2014 2 This announcement has been prepared by the Company and its contents have been reviewed by the Company&rsquo s sponsor, Stamford Corporate Services Pte. Ltd. (the &ldquo Sponsor&rdquo ), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the &ldquo SGX-ST&rdquo ) Listing Manual Section B: Rules of Catalist. The Sponsor had not independently verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Mr Yap Wai Ming. Telephone number: 6389 3000. Email: [email protected] |
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isaacsgx
Elite |
14-Jul-2014 17:36
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Today still a white candle even not very white. Tomorrow shall see if can open at 23 and chiong from there. Inside news that jokowi is likely to be the next president.
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