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Alliance Mineral....The Next Lap. Post Reply Rate topic
cindy829 Member	13-Oct-2017 12:18        cindy829 About Contact  Quote this Post!
x 0   x 0  Alert Admin	It' s not appropriate to calcuate the value of the shares solely based on current sp,  so  better to treat cash and shares separetly.    No doubt lower sp is better for JL, since he obtains extra cash while keeps the same # of shares.   luanboo      ( Date: 13-Oct-2017 11:46) Posted: Folks, I don' t think it is true that JL wanted the SP to be as low as possible. Accordig to TheEdge article on 10 Jul 2017,  " The April 25 agreement also had a put and strike option. If AMA shares did not hit 50 cents six months after the agreement date, which is Oct 24 2017, Pramoko and LWMA would have to pay Lim the sum equivalent to the difference between the volume weighted average price of the seven days prior the date, and 50 cents." Scenario1 - VWAP = 20c. JL will get $23m ($9.2m in 46m shares, $13.8m cash) Scenario2 - VWAP = 30c. JL will get $23m ($13.8m in 46m shares, $9.2m cash) Scenario3 - VWAP = 50c. JL will get $23m ($23m in 46m shares) Scenario4 - VWAP = 60c. JL will get $27.6m ($27.6m in 46m shares) If SP remains 50c or below, JL will get $23m - the same under S1 or S2 or S3. Under S1 or S2, if he believes in AMAL' s future and wanted more shares, he can use the cash received to buy more in the market. If he wants more cash, he just offload his 46m shares. He wouldn' t want the share price to tank as he has 46m shares to offload. If SP goes above 50c (S4), JL stand to gain. So why would he (a shrew businessman) want to suppress the share prices when he clearly get 46m shares and stand to gain more when share price rises? andychew.eh      ( Date: 13-Oct-2017 09:50) Posted: Good play by J Lim ? Shooting AMAL down . The lower the price the more $ he gets.
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papayaface Supreme	13-Oct-2017 12:15        papayaface About Contact  Quote this Post!   Yells: "This is the best time to enter....when everythings uncertain"
x 0   x 0  Alert Admin	BB is distributing  at  35.5 cts now. Who else wants to buy? Yuuuhoooo. Good luck papayaface      ( Date: 13-Oct-2017 09:34) Posted: Distribution at 36. Good luck papayaface      ( Date: 13-Oct-2017 09:16) Posted: Sell down coming !!!! Short !!!! 355 cts  hiak hiak hiak. Good luck
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twinpower Member	13-Oct-2017 12:13        twinpower About Contact  Quote this Post!
x 0   x 0  Alert Admin	I agree with you that it is not JL's intention to push down the SP. At the same time, realistically, i also do not think there is sufficient time and news trigger to push the price up to 50c by 24 October. I sure hope i am wrong though haha.. timothylim890      ( Date: 13-Oct-2017 12:03) Posted: This is an interesting analysis, thanks for sharing luanboo. luanboo      ( Date: 13-Oct-2017 11:46) Posted: Folks, I don' t think it is true that JL wanted the SP to be as low as possible. Accordig to TheEdge article on 10 Jul 2017,  " The April 25 agreement also had a put and strike option. If AMA shares did not hit 50 cents six months after the agreement date, which is Oct 24 2017, Pramoko and LWMA would have to pay Lim the sum equivalent to the difference between the volume weighted average price of the seven days prior the date, and 50 cents." Scenario1 - VWAP = 20c. JL will get $23m ($9.2m in 46m shares, $13.8m cash) Scenario2 - VWAP = 30c. JL will get $23m ($13.8m in 46m shares, $9.2m cash) Scenario3 - VWAP = 50c. JL will get $23m ($23m in 46m shares) Scenario4 - VWAP = 60c. JL will get $27.6m ($27.6m in 46m shares) If SP remains 50c or below, JL will get $23m - the same under S1 or S2 or S3. Under S1 or S2, if he believes in AMAL' s future and wanted more shares, he can use the cash received to buy more in the market. If he wants more cash, he just offload his 46m shares. He wouldn' t want the share price to tank as he has 46m shares to offload. If SP goes above 50c (S4), JL stand to gain. So why would he (a shrew businessman) want to suppress the share prices when he clearly get 46m shares and stand to gain more when share price rises?
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luanboo Member	13-Oct-2017 12:10        luanboo About Contact  Quote this Post!
x 0   x 0  Alert Admin	You are really making a fool of yourself with all these twisted logic. I guessed you must have shorted the stocks and just wanted to create fear so that you can cover fast. With that, you want to buy more at a cheaper price. BH would not move this far without the expertise of Tawana and the initial A$20m investment into feasibility studies etc. There' s a chinese saying 过 河 拆 桥 - after AMAL went over all the difficulties, you now question why we partner Tawana for A$20m. If you have a secret recipe but don' t have the money and expertise to turn this secret recipe into a successful product, would you partner someone who can help bring you there and both parties succeed together or just hold your recipe tight tight and let it die? Come on, every companies like FB gave away shares to VCs and employees etc to grow into what they are today. If you really think this way, you are obviously not a business man.   andychew.eh      ( Date: 13-Oct-2017 10:16) Posted: And yet now they all valued BH project at more than $350 mil. So a 50% interest will logically be $ 175 mil at least. Give discount maybe $100 mil. $20 mil ?? andychew.eh      ( Date: 13-Oct-2017 10:14) Posted: Because if i were the ceo, i would not hsve agreed to a 50% interest to Tawana at only $20 mil . Something "fishy" .
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deedee6699 Member	13-Oct-2017 12:06        deedee6699 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Both Burwill and Tawana share price speak the truth. Tawana is up again today. And Burwill already commit to buy for 5 years for their factory.
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timothylim890 Veteran	13-Oct-2017 12:03        timothylim890 About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	This is an interesting analysis, thanks for sharing luanboo. luanboo      ( Date: 13-Oct-2017 11:46) Posted: Folks, I don' t think it is true that JL wanted the SP to be as low as possible. Accordig to TheEdge article on 10 Jul 2017,  " The April 25 agreement also had a put and strike option. If AMA shares did not hit 50 cents six months after the agreement date, which is Oct 24 2017, Pramoko and LWMA would have to pay Lim the sum equivalent to the difference between the volume weighted average price of the seven days prior the date, and 50 cents." Scenario1 - VWAP = 20c. JL will get $23m ($9.2m in 46m shares, $13.8m cash) Scenario2 - VWAP = 30c. JL will get $23m ($13.8m in 46m shares, $9.2m cash) Scenario3 - VWAP = 50c. JL will get $23m ($23m in 46m shares) Scenario4 - VWAP = 60c. JL will get $27.6m ($27.6m in 46m shares) If SP remains 50c or below, JL will get $23m - the same under S1 or S2 or S3. Under S1 or S2, if he believes in AMAL' s future and wanted more shares, he can use the cash received to buy more in the market. If he wants more cash, he just offload his 46m shares. He wouldn' t want the share price to tank as he has 46m shares to offload. If SP goes above 50c (S4), JL stand to gain. So why would he (a shrew businessman) want to suppress the share prices when he clearly get 46m shares and stand to gain more when share price rises? andychew.eh      ( Date: 13-Oct-2017 09:50) Posted: Good play by J Lim ? Shooting AMAL down . The lower the price the more $ he gets.
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deedee6699 Member	13-Oct-2017 12:02        deedee6699 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Read this : Elon Musk is building the world's largest lithium ion battery plant. He chooses South Australia because of the good quality lithium deposits. It also means lithium demand will be huge in Australia. Lithium price will go up. I wont be surprised if Burwill and Jiang Te take more stakes in Amal .
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WL123456 Supreme	13-Oct-2017 12:01        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	In that case everyone can throw their whole fortune in lol. Obviously you have not have been investing for long . How many times have this type of things happen only for people to chase and regret. Ask those old birds and they will tell you . deedee6699      ( Date: 13-Oct-2017 11:51) Posted: Just ignore that andychew. He is just a troll. Or he must have shorted before the trading halt. 1 week before 24 Oct, they may do another trading halt and another gap up. 50 cts is very possible to reach. And with HK funds support, it is almost a certainty.
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deedee6699 Member	13-Oct-2017 11:51        deedee6699 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just ignore that andychew. He is just a troll. Or he must have shorted before the trading halt. 1 week before 24 Oct, they may do another trading halt and another gap up. 50 cts is very possible to reach. And with HK funds support, it is almost a certainty.
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luanboo Member	13-Oct-2017 11:47        luanboo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Apologies, I posted twice, as the first message didn' t appear after I post. I thought it was lost - happened to me multiple times in the past. luanboo      ( Date: 13-Oct-2017 11:46) Posted: Folks, I don' t think it is true that JL wanted the SP to be as low as possible. Accordig to TheEdge article on 10 Jul 2017,  " The April 25 agreement also had a put and strike option. If AMA shares did not hit 50 cents six months after the agreement date, which is Oct 24 2017, Pramoko and LWMA would have to pay Lim the sum equivalent to the difference between the volume weighted average price of the seven days prior the date, and 50 cents." Scenario1 - VWAP = 20c. JL will get $23m ($9.2m in 46m shares, $13.8m cash) Scenario2 - VWAP = 30c. JL will get $23m ($13.8m in 46m shares, $9.2m cash) Scenario3 - VWAP = 50c. JL will get $23m ($23m in 46m shares) Scenario4 - VWAP = 60c. JL will get $27.6m ($27.6m in 46m shares) If SP remains 50c or below, JL will get $23m - the same under S1 or S2 or S3. Under S1 or S2, if he believes in AMAL' s future and wanted more shares, he can use the cash received to buy more in the market. If he wants more cash, he just offload his 46m shares. He wouldn' t want the share price to tank as he has 46m shares to offload. If SP goes above 50c (S4), JL stand to gain. So why would he (a shrew businessman) want to suppress the share prices when he clearly get 46m shares and stand to gain more when share price rises? andychew.eh      ( Date: 13-Oct-2017 09:50) Posted: Good play by J Lim ? Shooting AMAL down . The lower the price the more $ he gets.
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luanboo Member	13-Oct-2017 11:46        luanboo About Contact  Quote this Post!
x 1   x 0  Alert Admin	Folks, I don' t think it is true that JL wanted the SP to be as low as possible. Accordig to TheEdge article on 10 Jul 2017,  " The April 25 agreement also had a put and strike option. If AMA shares did not hit 50 cents six months after the agreement date, which is Oct 24 2017, Pramoko and LWMA would have to pay Lim the sum equivalent to the difference between the volume weighted average price of the seven days prior the date, and 50 cents." Scenario1 - VWAP = 20c. JL will get $23m ($9.2m in 46m shares, $13.8m cash) Scenario2 - VWAP = 30c. JL will get $23m ($13.8m in 46m shares, $9.2m cash) Scenario3 - VWAP = 50c. JL will get $23m ($23m in 46m shares) Scenario4 - VWAP = 60c. JL will get $27.6m ($27.6m in 46m shares) If SP remains 50c or below, JL will get $23m - the same under S1 or S2 or S3. Under S1 or S2, if he believes in AMAL' s future and wanted more shares, he can use the cash received to buy more in the market. If he wants more cash, he just offload his 46m shares. He wouldn' t want the share price to tank as he has 46m shares to offload. If SP goes above 50c (S4), JL stand to gain. So why would he (a shrew businessman) want to suppress the share prices when he clearly get 46m shares and stand to gain more when share price rises? andychew.eh      ( Date: 13-Oct-2017 09:50) Posted: Good play by J Lim ? Shooting AMAL down . The lower the price the more $ he gets.
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deedee6699 Member	13-Oct-2017 11:42        deedee6699 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Why don't we look it at another way ? That they will surely lift the share price to 50 cts by 24 Oct ? Or as close as possible like 45 cts ? HK and Australia funds will come in to support .
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luanboo Member	13-Oct-2017 11:36        luanboo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Folks. I don' t think that it is correct to say that JL wanted the SP to be as low as possible. Unless we are talking about him buay song with Tjandra. But being a shrew businessman, I believe his objective is make more money. Let' s revist TheEdge article that mentioned the strike price of 50c, quoted below " The April 25 agreement also had a put and strike option. If AMA shares did not hit 50 cents six months after the agreement date, which is Oct 24 2017, Pramoko and LWMA would have to pay Lim the sum equivalent to the difference between the volume weighted average price of the seven days prior the date, and 50 cents." Scenario1 - VWAP SP = 20c, JL will get $23m ($9.2m worth of 46m stocks plus $13.8m in cash)  Scenario2 - VWAP SP = 30c, JL will still get $23m ($13.8 worth of 46m stocks plus $9.2m in cash) Scenario3 - VWAP SP = 50c, JL will still get $23m ($23m worth of 46m stocks) Scenario4 - VWAP SP = 60c, JL will get $27.6m ($27.6m worth of 46m stocks) JL gets the same amount $23m when share price are equal or below 50c. Under S1 or S2, if he wants more stocks, he would use the cash received to buy more shares. If he wants cash, he can sell off the 46m shares. But net-net, he gets $23m. I can only see that he benefits when share price rises above 50c. So why would he intentionally sabotage the SP? andychew.eh      ( Date: 13-Oct-2017 09:50) Posted: Good play by J Lim ? Shooting AMAL down . The lower the price the more $ he gets.
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andychew.eh Senior	13-Oct-2017 10:56        andychew.eh About Contact  Quote this Post!
x 0   x 0  Alert Admin	BBs 操 作 not very good. BBs should do a HUGE FLUSHING....to 29 cts .... Flush out clean and clean.... Then easy to .....up I dont see any f
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WL123456 Supreme	13-Oct-2017 10:48        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Andy, everything is a big if . Anyway there?s a lot of people stuck at 0.35-0.42 during the last pump and dump that make so many stuck at that price , I m pretty sure there are many queuing to sell to recover some cash for holidays etc . andychew.eh      ( Date: 13-Oct-2017 10:45) Posted: He could be worth $150 mil if .....tawana..... Alvin2042      ( Date: 13-Oct-2017 10:27) Posted: Of course JL pocket deep lah! His investment is only the S$7m loan to Tj. Now he holds S$40m worth
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WL123456 Supreme	13-Oct-2017 10:45        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	At current prices , you are paying 10x nav 😱 which is shocking .
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andychew.eh Senior	13-Oct-2017 10:45        andychew.eh About Contact  Quote this Post!
x 0   x 0  Alert Admin	He could be worth $150 mil if .....tawana..... Alvin2042      ( Date: 13-Oct-2017 10:27) Posted: Of course JL pocket deep lah! His investment is only the S$7m loan to Tj. Now he holds S$40m worth. andychew.eh      ( Date: 13-Oct-2017 10:22) Posted: The impression i now deduced : J Lim pockets deep , stronger Other Bbs pockets a bit weak If J Lim short ir dump the share price , i doubt other bbs bullets can handle.
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andychew.eh Senior	13-Oct-2017 10:43        andychew.eh About Contact  Quote this Post!
x 0   x 0  Alert Admin	3.5 cts ? michaeltan      ( Date: 13-Oct-2017 10:29) Posted: What' s NAV of this company? papayaface      ( Date: 13-Oct-2017 10:27) Posted: 345/35  and going down to close the gap. Ready to close shorts guys. Good luck
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WL123456 Supreme	13-Oct-2017 10:41        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Michaeltan : the nav is 0.032 as of now . michaeltan      ( Date: 13-Oct-2017 10:29) Posted: What' s NAV of this company? papayaface      ( Date: 13-Oct-2017 10:27) Posted: 345/35  and going down to close the gap. Ready to close shorts guys. Good luck
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michaeltan Master	13-Oct-2017 10:29        michaeltan About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	What' s NAV of this company? papayaface      ( Date: 13-Oct-2017 10:27) Posted: 345/35  and going down to close the gap. Ready to close shorts guys. Good luck  papayaface      ( Date: 13-Oct-2017 09:34) Posted: Distribution at 36. Good luc
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