Back

Latest Forum Topics / SMRT

Post Reply

SMRT Post Reply Rate topic
sgng123 Supreme	12-Aug-2016 10:45        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	It is a arranged deal, noticed how fast the delist come after selling the asset, on 29 sep when asset officially sold off the delist special meeting would follow. Everything would be completed as secheduled, retail players no say in this as big players control the game. Can jeep at 1.63 and get ur 2.5% yield guaranteed in nov, not much but very safe bet. But might miss the correction load up if there any in augvto sep period. Temasek and friends biggest winner, small retail do national service as per nol and tigerair, no escape.
Useful To Me  Not Useful To Me
JTWKSG Member	12-Aug-2016 09:02        JTWKSG About Contact  Quote this Post!
x 0   x 0  Alert Admin	This is what I suspected too. Thats why they use soa instead of the normal buyover route? This is what really disgusted me. Creating smoke and fear to sell down the price and value? Anyway, if what u stated is true, I have nothing to lose to vote NO. sgng123      ( Date: 12-Aug-2016 01:11) Posted: Talk big in forum is ok but reality would hit u hard, temasek is not paying a single cent to support smrt price as it is not a GO. 1.68 is delisting scheme package, once they managed to get 75% or 35% of total 46% they don owned. It gameover for every retail who stuck on high price even if u vote no. 1.63 actually breachec earlier today lol, bb sleeping but they quickly clear up the sellers lol. It a scheme by bb with support from temasek since th forbid to use cpf money under laws to directly buy stock open in market that why they had to go the long way using delisting method. Temasek only pay when 75% go and lot of bb gona support them as they made money dollar averaging their holding. Only need 75% not 90% to gameover everyone, not under our control u can pray only.
Useful To Me  Not Useful To Me
investshare Supreme	12-Aug-2016 08:05        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro, not sure what answer you want. But they have already explain the scheme. Goldfinger      ( Date: 12-Aug-2016 07:41) Posted: Think I'm still not getting the answer - no worries will wait for the SGX announcement. Hope they will be generous to minorities with the $1.9bn bus buyout. investshare      ( Date: 12-Aug-2016 07:35) Posted: Different scheme has different rules. General offer has its rules. Scheme of arrangement has its own rules
Useful To Me  Not Useful To Me
Goldfinger Supreme	12-Aug-2016 07:57        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	Put it this way - even if we vote against and lose - we will still get eaten up at $1.68 right? So what is there to lose? Further sometimes one votes "no" not because of financial fundamentals but it's a legitimate gameplan nonetheless. sgng123      ( Date: 12-Aug-2016 01:11) Posted: Talk big in forum is ok but reality would hit u hard, temasek is not paying a single cent to support smrt price as it is not a GO. 1.68 is delisting scheme package, once they managed to get 75% or 35% of total 46% they don owned. It gameover for every retail who stuck on high price even if u vote no. 1.63 actually breachec earlier today lol, bb sleeping but they quickly clear up the sellers lol. It a scheme by bb with support from temasek since th forbid to use cpf money under laws to directly buy stock open in market that why they had to go the long way using delisting method. Temasek only pay when 75% go and lot of bb gona support them as they made money dollar averaging their holding. Only need 75% not 90% to gameover everyone, not under our control u can pray only.
Useful To Me  Not Useful To Me
Goldfinger Supreme	12-Aug-2016 07:41        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	Think I'm still not getting the answer - no worries will wait for the SGX announcement. Hope they will be generous to minorities with the $1.9bn bus buyout. investshare      ( Date: 12-Aug-2016 07:35) Posted: Different scheme has different rules. General offer has its rules. Scheme of arrangement has its own rules. Goldfinger      ( Date: 12-Aug-2016 07:19) Posted: But don't the SGX rules still have to apply unless this is in the SGX listing rules
Useful To Me  Not Useful To Me
investshare Supreme	12-Aug-2016 07:35        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	Different scheme has different rules. General offer has its rules. Scheme of arrangement has its own rules. Goldfinger      ( Date: 12-Aug-2016 07:19) Posted: But don't the SGX rules still have to apply unless this is in the SGX listing rules? investshare      ( Date: 12-Aug-2016 07:09) Posted: No need as this is not a general offer. Only need 75% excluding TH
Useful To Me  Not Useful To Me
Goldfinger Supreme	12-Aug-2016 07:19        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	But don't the SGX rules still have to apply unless this is in the SGX listing rules? investshare      ( Date: 12-Aug-2016 07:09) Posted: No need as this is not a general offer. Only need 75% excluding TH. Goldfinger      ( Date: 12-Aug-2016 06:11) Posted: No one can as yet explain whether the 90% SGX delisting rule applies in this case??
Useful To Me  Not Useful To Me
investshare Supreme	12-Aug-2016 07:09        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	No need as this is not a general offer. Only need 75% excluding TH. Goldfinger      ( Date: 12-Aug-2016 06:11) Posted: No one can as yet explain whether the 90% SGX delisting rule applies in this case??? sgng123      ( Date: 11-Aug-2016 23:55) Posted: The 1.68 offer is basically force u to sell once 75% of all retail investor vote yes minus temasek. Smrt would be delist once 75% hit and money auto credit to investor acct. Lol not whether u want or not unless u control like 10% to screw the deal. Force sell once 75% hit like it or not got no say since we belong to the 0.005% type lose money also force to accept.
Useful To Me  Not Useful To Me
Goldfinger Supreme	12-Aug-2016 06:11        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	No one can as yet explain whether the 90% SGX delisting rule applies in this case??? sgng123      ( Date: 11-Aug-2016 23:55) Posted: The 1.68 offer is basically force u to sell once 75% of all retail investor vote yes minus temasek. Smrt would be delist once 75% hit and money auto credit to investor acct. Lol not whether u want or not unless u control like 10% to screw the deal. Force sell once 75% hit like it or not got no say since we belong to the 0.005% type lose money also force to accept.
Useful To Me  Not Useful To Me
sgng123 Supreme	12-Aug-2016 01:11        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Talk big in forum is ok but reality would hit u hard, temasek is not paying a single cent to support smrt price as it is not a GO. 1.68 is delisting scheme package, once they managed to get 75% or 35% of total 46% they don owned. It gameover for every retail who stuck on high price even if u vote no. 1.63 actually breachec earlier today lol, bb sleeping but they quickly clear up the sellers lol. It a scheme by bb with support from temasek since th forbid to use cpf money under laws to directly buy stock open in market that why they had to go the long way using delisting method. Temasek only pay when 75% go and lot of bb gona support them as they made money dollar averaging their holding. Only need 75% not 90% to gameover everyone, not under our control u can pray only.
Useful To Me  Not Useful To Me
JTWKSG Member	12-Aug-2016 00:12        JTWKSG About Contact  Quote this Post!
x 0   x 0  Alert Admin	Look at today' s news, SBS Transit 2Q earnings rise 19%.  http://www.theedgemarkets.com.sg/sg/article/sbs-transit-sees-2q-earnings-rise-19-73-mil Furthermore, LTA is going to pay SMRT close to $1.9b for the bus contracting model.  http://www.todayonline.com/singapore/govt-pay-sbs-transit-smrt-s53b-and-19b-respectively-run-bus-routes This further justify my belief of the transport business  bright spots. The only reason why SMRT FAILED and recent dismay financial performance is due to its mediocre management! It is a case of sure win business being managed horribly wrong due to job fit issue. Up till now, they are still keeping the army chief to helm the fort even after all the lapses. Talk about meritocracy?! It is not a matter if you buy at a lower price then you should not voice out your concerns. It is a matter of whether $1.68 is a fair price. Even the recent Sim Lian buy out offer is at 15% premium to the last closing price. For a resilient cash cow like SMRT, the mere 8.7% premium really doesn' t look like a sincere offer. So if the buyer is not sincere and keep wanting to lowball the price by telling everyone that the product has no value which is not true, why should the seller entertain the offer?
Useful To Me  Not Useful To Me
JTWKSG Member	12-Aug-2016 00:05        JTWKSG About Contact  Quote this Post!
x 0   x 0  Alert Admin	Same here.  Goldfinger      ( Date: 11-Aug-2016 23:12) Posted: Nope. Not interested to sell at $1.68. I am patient, well resourced and can wait. I just don't like being forced to sell unless it's under my own free will. sgng123      ( Date: 11-Aug-2016 22:29) Posted: Don worry too much 1.68 is a go due to low growth years ahead. Greed only happen in good year or when global growth pick up. Now Fear rule for next few years, stocks would only get cheaper by the days brexit basically guarantee it low growth till 2020. Old uncles and aunties cpf investors plus bb all would take up offer to hit 75% then kambo game over. Alway remember we in bad years low interest and low growth, dividend would get cut slowly so would share value. No point loading now when u get better deal further down.. Now focus on finding the next in line for offer. Today is sembmar rumour tomorrow need to guess
Useful To Me  Not Useful To Me
sgng123 Supreme	11-Aug-2016 23:55        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The 1.68 offer is basically force u to sell once 75% of all retail investor vote yes minus temasek. Smrt would be delist once 75% hit and money auto credit to investor acct. Lol not whether u want or not unless u control like 10% to screw the deal. Force sell once 75% hit like it or not got no say since we belong to the 0.005% type lose money also force to accept.
Useful To Me  Not Useful To Me
Goldfinger Supreme	11-Aug-2016 23:12        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	Nope. Not interested to sell at $1.68. I am patient, well resourced and can wait. I just don't like being forced to sell unless it's under my own free will. sgng123      ( Date: 11-Aug-2016 22:29) Posted: Don worry too much 1.68 is a go due to low growth years ahead. Greed only happen in good year or when global growth pick up. Now Fear rule for next few years, stocks would only get cheaper by the days brexit basically guarantee it low growth till 2020. Old uncles and aunties cpf investors plus bb all would take up offer to hit 75% then kambo game over. Alway remember we in bad years low interest and low growth, dividend would get cut slowly so would share value. No point loading now when u get better deal further down.. Now focus on finding the next in line for offer. Today is sembmar rumour tomorrow need to guess
Useful To Me  Not Useful To Me
sgng123 Supreme	11-Aug-2016 22:29        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Don worry too much 1.68 is a go due to low growth years ahead. Greed only happen in good year or when global growth pick up. Now Fear rule for next few years, stocks would only get cheaper by the days brexit basically guarantee it low growth till 2020. Old uncles and aunties cpf investors plus bb all would take up offer to hit 75% then kambo game over. Alway remember we in bad years low interest and low growth, dividend would get cut slowly so would share value. No point loading now when u get better deal further down.. Now focus on finding the next in line for offer. Today is sembmar rumour tomorrow need to guess
Useful To Me  Not Useful To Me
Goldfinger Supreme	11-Aug-2016 14:07        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	Well that's the problem when one makes pronouncements in absolute terms. I have learnt in my 20 odd years of investing that Mr Makert likes to surprise. And that its impt to have balanced views. To me, this is a 40-60 likelihood, with possibly 60 against given that they need 75% and the price premium is not generous. But just my own views. famouspinky      ( Date: 11-Aug-2016 13:46) Posted: Hmm this is a bad opinion. Goldfinger      ( Date: 11-Aug-2016 12:47) Posted: If you want this to go, u should sell your HDB flat and buy lots of shares to support the vote
Useful To Me  Not Useful To Me
famouspinky Supreme	11-Aug-2016 13:46        famouspinky About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hmm this is a bad opinion. Goldfinger      ( Date: 11-Aug-2016 12:47) Posted: If you want this to go, u should sell your HDB flat and buy lots of shares to support the vote. sgng123      ( Date: 11-Aug-2016 09:11) Posted: That why 1.68 offer is a go, sg gov gona take back control and operate smrt as non profit branch of temasek subsi. Hoping for higher offer is dreaming as th had to take into consideration future subsi on non profit term.
Useful To Me  Not Useful To Me
sgng123 Supreme	11-Aug-2016 13:08        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Only u think like that lol, those long time cpf investors most likely take gov offer and cash out. They need cash for theirretirement different from ur lol.
Useful To Me  Not Useful To Me
Goldfinger Supreme	11-Aug-2016 12:47        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	If you want this to go, u should sell your HDB flat and buy lots of shares to support the vote. sgng123      ( Date: 11-Aug-2016 09:11) Posted: That why 1.68 offer is a go, sg gov gona take back control and operate smrt as non profit branch of temasek subsi. Hoping for higher offer is dreaming as th had to take into consideration future subsi on non profit term.
Useful To Me  Not Useful To Me
Goldfinger Supreme	11-Aug-2016 12:45        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	I am so perfectly fine for this $1.68 offer to fail and then share price drops sharply to $1. I will then accumulate at that price point as any future attempt to privatise should be higher than $1.68 substantially. I am still relatively young and can wait. No? sgng123      ( Date: 11-Aug-2016 09:11) Posted: That why 1.68 offer is a go, sg gov gona take back control and operate smrt as non profit branch of temasek subsi. Hoping for higher offer is dreaming as th had to take into consideration future subsi on non profit term.
Useful To Me  Not Useful To Me

                                                         First   < Newer   321-340 of 2545   Older>   Last