| Latest Forum Topics / OneApex Last:0.295 -- |
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To Revalue Geo
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ysh2006
Supreme |
25-Aug-2018 09:32
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So see next week how market react to this announcement after lifting trade.
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SmallSmall
Supreme |
25-Aug-2018 09:22
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Relax. The company has more than $20 mil in cash. The proposed $8.5 mil div payout prior to completion is already mentioned in the term sheet earlier on. Not a question of whether a div would be paid. Rather the quantum. My guess it will still be $8.5 mil or $0.10 per share giving an aggregate "Nett Offer" of $0.2107+$0.10=$0.3107 :)
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ysh2006
Supreme |
25-Aug-2018 06:01
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Maybe cannot relax liow..the company no announcement of dividend and said the would be taker must see it has the $13.5M in bank than willing to take over.
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SmallSmall
Supreme |
24-Aug-2018 15:35
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Relax. Definitely there will be a payout before the GO. The major shareholder wouldn' t be so stupid to sell the company at @0.2107 if it is worth at least $0.29. The special payout was already previously agreed in the term sheet. Think they omitted this dividend in the Pre-Conditional Offer :)
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ysh2006
Supreme |
24-Aug-2018 13:46
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This type halt if good news very fast lifting halt ,if not bad news like no 10c dividend because of typhoon two months ago than will take some time than release....
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SmallSmall
Supreme |
24-Aug-2018 09:20
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Halted pending clarification (of dividend payments?)
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SmallSmall
Supreme |
22-Aug-2018 19:55
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The original deal was to pay $0.10 ($8.5mil/84.459mil shares) before the offer. It seems now they are setting aside $13.5mil instead ($5mil) more which translates to $0.159 per share. This is the part which needs clarification from the company. If indeed the special div is > $0.10 then this is indeed a golden egg :)
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ysh2006
Supreme |
22-Aug-2018 18:50
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So Chew must pay us 10c div before Chew offer at 21c to us har.. .
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SmallSmall
Supreme |
22-Aug-2018 17:48
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Relax. Based on the previous term sheet there is expected to be cash dividend payout of about $0.10 or $8.5 mil before the offer. Although this was not mentioned in the current offer, there is a an interesting part in the pre-conditions stated below. If this $13.5 mil (more in fact) is not intended as a payout prior to the offer, why would Fenghe wants that pre-condition as &ldquo freely useable and uncommitted cash&rdquo ? Fenghe procuring that the Company has no less than S$13.5 million in freely useable and uncommitted cash in the Company' s bank account(s) as at the date of Completion (&ldquo Retained Cash&rdquo )
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ysh2006
Supreme |
22-Aug-2018 16:54
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Why the offer only 21c ? the major owner has 68%.....if cannot get 90% the offer will cancell and terminate....I think offerer is wayang wayang only ,sure cannot successful in this take over exercise like wheel lock case....don' t intend to revise the offer price.
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SmallSmall
Supreme |
17-Aug-2018 13:33
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Buyers coming in to queue. Insiders know something about the long awaited deal? Or is it just an illusion?  | ||||
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SmallSmall
Supreme |
29-Jun-2018 09:07
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Expecting the company to come up with some updates soon. | ||||
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SmallSmall
Supreme |
21-Jun-2018 16:31
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Price action suggesting deal is on?
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SmallSmall
Supreme |
21-Jun-2018 15:47
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Tomorrow is D day. Deal or no deal?
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Berani
Elite |
11-Jun-2018 14:54
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tomorrow should cross 0.30
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SmallSmall
Supreme |
11-Jun-2018 10:03
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Possible offer for Chew' s @ $0.2107 by third party. If deal goes through, there will be a further payment of another special div of about $0.10 (or less) per share ($8.5 mil or less) prior to offer. Thereafter, thrid part will make a GO @ $0.2107. Looks straight forward with a manageable timeline. Parties will works towards definitive agreement within 2 weeks of non-binding agreement signed last Friday. Conditions looks easy to satisty. If all goes well, the nett offer price is $0.2107 + $0.10 (or stlightly lesser) -> $0.3107 (or lesser) DYODD |
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Berani
Elite |
27-Apr-2018 09:31
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0.58 - 0.35 special dividend left 0.23. now got 0.245.. those ppl still dun want sell. wait what. somemore this morning got ppl buy 0.36... damn funny
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Berani
Elite |
23-Apr-2018 14:33
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see ppl blok 0.595
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Berani
Elite |
23-Apr-2018 11:36
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if 0.6 can break... is time to buy up
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Berani
Elite |
23-Apr-2018 11:27
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got high dividend for this counter... I think will run up to 0.65
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