| Latest Forum Topics / Sino Grandness Last:0.02 -- |
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Relevant Information on Sino Grandness & Garden Fr
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HuathuatLeo
Elite |
10-Jul-2017 19:45
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last price check 23cts.. stil listed, no worries. huat ahhh
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SgTrader17
Elite |
10-Jul-2017 19:40
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Why need drag 11 mins then post again?
It's different name lah, no one will know two of you are from the same hole. And ... With thickened skin. Already asked to leave and post your nonsense in that history thread.
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fundamentalhero
Veteran |
10-Jul-2017 19:24
Yells: "I NEED HONEYS AND MONIES" |
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Oh and i have not even finished. the t and c says they are willing to convert to 9% preference shares int bearing from 2011 and 2012 tranche if terms are breached beyond 15 months for cornerstone investor. they the bondholders can have choice to convert up to 15% if they want to (may or may not)/ two ways of seeing. switching of cornerstone investors for listing where the bondholders can finally cash out OR [the shortists love this story]   - SHIT GS and the bond holders buay tahan already. they willing to take haircut just to get some pennies back. to which my common coins (cents/sense) says HAHA screw your reasoning. you know how refinancing works or not. stop with all the shit. stop spreading FAKE NEWS. MAKE GOOD KARMA MAMA and make your kids GREAT again by living conscientiously |
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fundamentalhero
Veteran |
10-Jul-2017 19:15
Yells: "I NEED HONEYS AND MONIES" |
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all these taunting... i been following up (vested small %) just want to say. somethings said makes sense somme doesn' t, mostly doesn t. effectively though in irritating me enough to come out to type. the conversion is a redemption of the series which shortist kept talking about saying how big F LI C K   this whole issue is with the high interest rate and all. Now redeemed also can talk cock and bull to try make people join your shorting movement. Read clearly. it says they converted most of the bulk to garden fresh shares. 2011 and 2012 one. with rest becoming preferential at 7% [HUGE HUGE cut in interest rates] Wake up la shortists. stop with the disinformation. your kids will not have good end if you keep doing this. store some good karma mama please. also bondholders have since converted to GF shares (yeah they won but it is win win for the risk return they took at the start) Meaning from now on RMB 210m is needed to list in HKEX which they talk so much about. Come on la. easy peasy to raise 50M dont need thais etc. 50000 retail investors at $1000each will make up this short fall already . but this is for bigboys only. with so much asset purchasing happening world wide. you think 50m a lot? sorry nope. not advising to long or short (rmb i am vested) dyodd. just F LI C K I N G     F E D U P with the disinformation |
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cccx123
Elite |
10-Jul-2017 18:56
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Probably alibaba just not the one owned by Jack Ma but one with only a single office in a forgotten village. Just like how company announced a tie up with wechat foods which turned out to have no relation to the popular app that we all know.
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HuathuatLeo
Elite |
10-Jul-2017 18:45
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quite keen to find out who will invest here.  - popiah king - nope - popiah king son - nope - Hui Yuan boss - nope nope - Alan Wang - nope nope nope - left liao - maybe Warren Buffer or Jack ma. hahahaha
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investshare
Supreme |
10-Jul-2017 18:32
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Quite weird, how come preference share got redemption one? | ||||
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Tonylee
Member |
10-Jul-2017 17:54
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Does anyone know whether the bondholder condition to issue New Qualifying Investor Shares refer to finding a new strategic investor within 15 mths or is it for issuance of new shares upon Garden Fresh IPO? | ||||
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SgTrader17
Elite |
10-Jul-2017 17:36
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Okay.
Restructuring Bonds agreement is a done deal. Officially entered into agreement today, announcement made via SGX. Including: Full redemption of 2011 SB1 & 2012 SB2 bonds Issue of Preference shares replacing the Bonds GF will do it's best efforts to make a formal application to listing on HK exchange. We shall wait for next step now. |
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SgTrader17
Elite |
10-Jul-2017 17:19
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Volume quite low for past 2 weeks.
This counter cannot be trade for contra now, cos it's short term movement seems limited by its stale in news on IPO and other progression. I am keeping it on a monitoring basis for next 2 months. Lowest I hold at 21cts. Not selling. Hope to hear some news soon, if in July 17 will be good. |
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SgTrader17
Elite |
10-Jul-2017 17:14
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Price check:
23cts - 23.5cts Difference: -1cts Volume: 1600+ Status: Listed 11 trades in last mins done at 23cts, total of 50,000 shares Each trade: abt 5,000 shares. |
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SgTrader17
Elite |
10-Jul-2017 01:06
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Thanks, bro.
The price check thingy, is just to let fellow ppl here know, the price trend. If as the days go, and the price increase 0.5cts per day ... We will notice the difference. Per week will be 3cts, in that sense. But, too early to give any conclusion. Let's see the week ahead first. Cheers.
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sheerluck
Supreme |
10-Jul-2017 00:50
Yells: "Work for your money first then let your money work for you" |
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It is ok to disagree.   As long as the counter-arguement is sound.   Perhap I am unclear and too quick to say " unlikely to move" .   A spike up is possible but it is likely to be just a " spike" .   Frankly 30 months is too much to ask for.   Market is 6 months forward looking.   Beyond 6 months, Market see nothing. Lastly, no point doing this price check thing.  
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Tommy12356
Master |
09-Jul-2017 21:14
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Support at 23.5
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SgTrader17
Elite |
09-Jul-2017 21:12
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Sorry, auto correct by phone.
30 months is 2 1/2 years.
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SgTrader17
Elite |
09-Jul-2017 21:11
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'no point trying to argue further', I mean
Cheers. Logistics .. good luck. A new week begins tomorrow. Hope to see some volume to come back and to hit back to 26cts/27cts again.
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SgTrader17
Elite |
09-Jul-2017 21:09
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If Sino Grandness re-submit IPO for GF, the share price will unlikely to move?
Hm ... Wait till it finally resubmit, we shall see. No worries, I will do price check here. Price movements can't be fake. We will know when the time comes. I don't agreed with what you said. I think price will sure spike up, as 2nd resubmission will give a higher possibility of listing, with a all queries answered. But, as we each have different views. So, just need the real share price to speak for itself, when the actual resubmission comes. After all, it's all about making $$ from our investment. No point trying to arrive further.
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SgTrader17
Elite |
09-Jul-2017 21:01
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I think, the words '30 months', which also means 2 1/2 hrs, throw away the hopes of short term investors. They would not wan to get their funds stucked in a longer period and thus sell off.
If the time frame is 30 months but it is to ensure sufficient information and compliance done to a eventual listing, I think it is still worth the investment. Of course, investors will choose to come back later, to pick up the shares when it starts to move. Deem as save time and funds will be available to buy other moving stocks. For me, I will just hold on. Say 30 months, if any news come earlier, still possible also. I don't want to miss the first boat when it starts sailing. At least, the ship is now well anchor. Waiting for the sail. |
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sheerluck
Supreme |
09-Jul-2017 17:55
Yells: "Work for your money first then let your money work for you" |
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If sinog business is deteriorating badly and is thinking of winding up, the differences between creditors, bondholders and shareholders will be important. But is sinog painting this kind of picture to the market?
If sinog turned out to be a fraud, creditors, bondholders and shareholders all will get nothing back. So at this juncture, whether you turn from bondholders to shareholders or vice versa really matter how much? I am beginning to think that even with resubmission of GF IPO, the price will unlikely to move since sinog already played this move before. Market should expect more than just IPO resubmission this round. Also what can prevent them from asking for 60months after that 30 month lapsed? I believe most longists/struckists expect quick resubmission but sinog throw shit bomb asking for 30 months. People said GF this round stronger better chance of ipoing. Was it then that it wasn't strong enough then? Obviously mgmt believe GF is strong enough to ipo before applying right? So now can question on mgmt judgement? Will they make the same mistake thinking this round they are strong enough but in fact they are still not strong enough?
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zandlery
Supreme |
09-Jul-2017 15:34
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So can I interpret as the bondholders have informations that shown confidence that GF has the take to IPO successfully?
Like some suggest, of cos those financial entity have higher tolerance for risk but they will not take unnecessary risk blindly. And we are talking bout few entity and not just one. Not easy to convince a few than one if SG do not have something attractive to offer I guess. Just purely speculating based on my prospective
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