| Latest Forum Topics / Neptune Orient L Rg |
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NOL
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jackson5
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10-Jun-2016 13:30
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Time has proven who actually is another boot licker who suck up to cma like what he claimed ??????????  
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serious
Master |
10-Jun-2016 13:05
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Just look at what he said in this thread here , said so much nonsense for what ? |
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JDAmateur
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10-Jun-2016 12:55
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Just another prata king |
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serious
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10-Jun-2016 12:30
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He said CMA very desperate to delist ,, and so on...... Now he wants to accept 1.30 . Talked so much for what ? |
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chemster
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10-Jun-2016 12:21
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Yeah he mentioned how we should be holding on and yet he is the first to give in? Lol. I'm holding on to mine. Held on for so long, and I've no immediate need for the cash. Will see what unfolds. | ||||
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serious
Master |
10-Jun-2016 12:07
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If CMA is confident to obtain 90% , they would not have to extend offer closing date. |
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snooty
Senior |
10-Jun-2016 11:57
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yupz ill hold on to mine. As mentioned earlier, no incentive for me to let go now at 1.30. Ill still get my 1.30 later on if really thats the final final final. |
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patson
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10-Jun-2016 11:45
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take bribes is it? badminton huh? no standard. 
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JDAmateur
Member |
10-Jun-2016 11:42
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Well said Lecithin, will hold till force acquisition and had told my families to do exactly. Unity is Strength !!!  
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JDAmateur
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10-Jun-2016 11:39
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Exactly my sentiment, he had earlier suggested to hold until force acquisition and now he is taking the offer.  If his stake is high by taking CMA offer is helping them achieve their 90% target, by then you think CMA will up the offer after that??  
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serious
Master |
10-Jun-2016 11:17
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Hi sgng , You were confident CMA would need to raise offer prcie to get 90% of the shares and now you are going to accept the offer price of 1.30 ?
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Lecithin
Member |
10-Jun-2016 10:50
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Today press release from SGX website stated that - CMA CGM currently owns approximately 78.07%2 of all NOL shares, and does not intend to preserve the listing status of NOL. This is a very important message to all shareholders. As we understand from the listing rules under SGX, to delist a company they must acquire at least 90% from shareholders. Failing of the 90% threshold, NOL cannot be delisted unless CMA revise their offer price to garner more shareholders buy in before 18 July 16 which is the new extended deadline. All shoreholders of NOL, let us please unite together not to tender our hard earned shares at S$1.30. I am very certain and confident once the target of 90% threshold not reached, CMA has to counter-offer a better offer price. This is the same as Tiger Air, OSIM...etc.... Brothers and Sisters.... let us unite as ONE.... so that we as minority shareholders are not short changed by temasek who has a bigger national interest to fulfil by accepting S$1.30/share for CMA to use Singapore as their Regional Shipping Hub after acquisition instead of the true value for NOL at S$1.50/share. Many thanks.  |
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sgng123
Supreme |
10-Jun-2016 09:05
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Offer go unconditional now, gone case for any possible offer increase. U received payment 7 days after cma receive ur letter, make it 1.5 weeks. Planning to submit mine letter since u still entitled to any offer incease or benefit if.   Offer extended too to 18 jul 16, most likely would get extended again since nol hard nut to break and cma unable to upp offer. Just don sell open else u lose right to any sweetener if any down the road. |
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sgng123
Supreme |
09-Jun-2016 10:32
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Next week should see more nol coverage after SIAS meeting and most likely offer would go unconditional when temasek submit bid. It a risky gamble by both CMA and Temasek assuming everyone would go with GO though nol had history of fail GO. A lot of effort need to put to ensurethis one go smooth since this one is biggest merger deal for this year |
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sgng123
Supreme |
08-Jun-2016 13:59
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If got extra majority wpuld go into ah peh cpf investment acct cannot get out too, so yes i think lot of cpf investors would hold out till better incentive to support deal. |
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sgng123
Supreme |
08-Jun-2016 13:56
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Quite a sizeable mostly in cpf acc, nol listed for over 30 years old timer cpf stock. Pioneer ah peh still holding .anyway now investor with blue form likely benefit die die got the 1.30 cash offer from cma, any extra is bonus. |
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snooty
Senior |
08-Jun-2016 13:54
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yeah bro, agree with you. There' s really no incentive to sell in the open market now. Worse come to worse, Ill still get 1.3 later on.
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KAMAL0883
Supreme |
08-Jun-2016 13:37
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Bro , national interest ?  how many Singreans holding into NOL compare to non holders and non shares investment Singreans ? most 2% of total Singreans holding NOL so why only benefit the 2% ?  what did the 98% Singrean gain ?  
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sgng123
Supreme |
08-Jun-2016 13:23
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By the way don sell on open else u might miss out the extra bonus since investors who sign off on offer also get to enjoy any extra benefit . This one is strictly benefit investors with the blue form, enjoy the drama if any. Don sign on too early, let pressure cma and temasek to squeeze out every goodies |
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sgng123
Supreme |
08-Jun-2016 13:19
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In first place it is temasek who reap off investor in favor of national interest so it fair to demand compensation from them. CMA not gona raise offer as deal is fixed and all conditions had already been fixed, cma gona support sg export by shifting their distribution centre here when cost is 3 times higher in west malaysia that why they demanded a discount on offer. But again if 90% hit then no issue, otherwise big drama |
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