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Godwinlow Elite	16-Aug-2021 17:09        Godwinlow About Contact  Quote this Post!
x 0   x 0  Alert Admin	Today closing ESR shares price is 22.3 HKD. So I think for me, better to go out now. As things could be ugly. Especially STC share price rallied mainly because of the deal.  Godwinlow      ( Date: 16-Aug-2021 17:05) Posted: Esr PE ratio is over 30. It' s not that cheap. Somemore with the US keep hitting record high. Any small decline from the US side. Esr shares won' t be spared. This is just my thinking.  Godwinlow      ( Date: 16-Aug-2021 17:03) Posted: I just feel the risk now outweighs the returns. Due to ESR share price. It had plummeted since esr announce its acquisition of ARA. Once it dip below the 20% market, 21.6 hkd for 10 consecutive trading days: the deal will be over.
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Godwinlow Elite	16-Aug-2021 17:05        Godwinlow About Contact  Quote this Post!
x 0   x 0  Alert Admin	Esr PE ratio is over 30. It' s not that cheap. Somemore with the US keep hitting record high. Any small decline from the US side. Esr shares won' t be spared. This is just my thinking.  Godwinlow      ( Date: 16-Aug-2021 17:03) Posted: I just feel the risk now outweighs the returns. Due to ESR share price. It had plummeted since esr announce its acquisition of ARA. Once it dip below the 20% market, 21.6 hkd for 10 consecutive trading days: the deal will be over.  PhillipTan      ( Date: 16-Aug-2021 16:53) Posted: Cool, grats to you I was still thinking of picking up some more and you sold lol
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Godwinlow Elite	16-Aug-2021 17:03        Godwinlow About Contact  Quote this Post!
x 0   x 0  Alert Admin	I just feel the risk now outweighs the returns. Due to ESR share price. It had plummeted since esr announce its acquisition of ARA. Once it dip below the 20% market, 21.6 hkd for 10 consecutive trading days: the deal will be over.  PhillipTan      ( Date: 16-Aug-2021 16:53) Posted: Cool, grats to you I was still thinking of picking up some more and you sold lol
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PhillipTan Supreme	16-Aug-2021 16:53        PhillipTan About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Cool, grats to you I was still thinking of picking up some more and you sold lol
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Godwinlow Elite	16-Aug-2021 14:35        Godwinlow About Contact  Quote this Post!
x 0   x 0  Alert Admin	Cheers to you all those who are holding. Hope you huat huat!
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Godwinlow Elite	16-Aug-2021 14:34        Godwinlow About Contact  Quote this Post!
x 0   x 0  Alert Admin	As i am   typing now, ESR share price is 22.2 HKD. It is not far away from the 20% level of 21.6 HKD. Give the risk and reward in the near term, i decided to sell all my holdings today and take profit.  Godwinlow      ( Date: 16-Aug-2021 14:32) Posted: Termination The Acquisition Agreement may be terminated at any time prior to Completion (and for so long as the relevant Material Adverse Effect is, or in the case of a Material Adverse Effect under limb (b) of the definition of Material Adverse Effect by 1pm (Hong Kong time) on the seventh Business Day of it, subsisting) by notice in writing: (i)   by ARA Cayman to the other parties if a Material Adverse Effect occurs with respect to the Group (ii)   by the Company to the other parties if a Material Adverse Effect occurs with respect to the ARA Group and/or (iii)   by the Company to the other parties if a Material Adverse Effect has occurred with respect to the Group pursuant to limb (b) where the closing price per Share on the Stock Exchange falls 20% or more below the Company Agreed Share Price (being HK$27.00) for any consecutive 10 trading day period after the date of the Acquisition Agreement on or before the date falling 45 calendar days after the date of the Acquisition Agreement.
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Godwinlow Elite	16-Aug-2021 14:32        Godwinlow About Contact  Quote this Post!
x 0   x 0  Alert Admin	Termination The Acquisition Agreement may be terminated at any time prior to Completion (and for so long as the relevant Material Adverse Effect is, or in the case of a Material Adverse Effect under limb (b) of the definition of Material Adverse Effect by 1pm (Hong Kong time) on the seventh Business Day of it, subsisting) by notice in writing: (i)   by ARA Cayman to the other parties if a Material Adverse Effect occurs with respect to the Group (ii)   by the Company to the other parties if a Material Adverse Effect occurs with respect to the ARA Group and/or (iii)   by the Company to the other parties if a Material Adverse Effect has occurred with respect to the Group pursuant to limb (b) where the closing price per Share on the Stock Exchange falls 20% or more below the Company Agreed Share Price (being HK$27.00) for any consecutive 10 trading day period after the date of the Acquisition Agreement on or before the date falling 45 calendar days after the date of the Acquisition Agreement.
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Godwinlow Elite	16-Aug-2021 14:30        Godwinlow About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi guys! today i sold all my 36,300 shares in Straits trading.
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PhillipTan Supreme	14-Aug-2021 22:42        PhillipTan About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	I think it would be a bit difficult Seems to have stabilised above 3   investshare      ( Date: 14-Aug-2021 09:58) Posted: Wonder got chance to buy below $3.00 anymore..
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SlothSG Veteran	14-Aug-2021 15:36        SlothSG About Contact  Quote this Post!
x 0   x 0  Alert Admin	good luck to us  I am holding tightly, waiting for it to realize it' s full value dyodd  RyanAB      ( Date: 14-Aug-2021 11:54) Posted: I dont think so.....you can just buy when market opens. Undervalue by eps and pb.....i intend to add some on monday before analyst shout buy...😄 😄 😄 Good luck to me. investshare      ( Date: 14-Aug-2021 09:58) Posted: Wonder got chance to buy below $3.00 anymore..
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RyanAB Member	14-Aug-2021 11:54        RyanAB About Contact  Quote this Post!
x 0   x 0  Alert Admin	I dont think so.....you can just buy when market opens. Undervalue by eps and pb.....i intend to add some on monday before analyst shout buy...😄 😄 😄 Good luck to me. investshare      ( Date: 14-Aug-2021 09:58) Posted: Wonder got chance to buy below $3.00 anymore..
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investshare Supreme	14-Aug-2021 09:58        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wonder got chance to buy below $3.00 anymore..
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SlothSG Veteran	14-Aug-2021 05:12        SlothSG About Contact  Quote this Post!
x 0   x 0  Alert Admin	amaze by this robust result. more to come PhillipTan      ( Date: 14-Aug-2021 03:09) Posted: Straits Trading H1 profit jumps to S$122.6m from S$5.5m Stronger contributions from real estate and resources helped The Straits Trading Company post a net profit of S$122.6 million for the first half of this year. That is roughly 22 times its year-ago net profit of S$5.5 million, according to the mainboard-listed group' s results announced on Friday evening. Earnings per share stood at 30.1 Singapore cents for the six months ended June 30, up from 1.3 cents in the corresponding period last year. Total revenue increased 62.2 per cent to S$219 million, from S$135 million in the first half of 2020. Chew Gek Khim, Straits Trading executive chairman, said: " Despite the global pandemic, our group' s performance in H1 2021 demonstrated the resilience of our strategy as a conglomerate-investment company with both operations as well as financial investments in real estate, hospitality and resources." Property revenue grew 18.3 per cent on the year to S$23.5 million during the first half. The real estate segment' s higher profit was mainly from fair value gains from the logistics properties portfolio in Australia as well as higher share of profits from a joint venture in South Korea. Straits Real Estate (SRE), which became a wholly-owned subsidiary this April after the group acquired JL Family Office' s 10.5 per cent stake, delivered " a robust performance" , Straits Trading said. Meanwhile, tin mining and smelting revenue climbed 69.8 per cent to S$195.6 million for the half year. Malaysia Smelting Corp' s Pulau Indah smelting facility in Port Klang is expected to be fully commissioned by late 2021 or early 2022, Straits Trading said. " The longer-term outlook for tin remains promising, driven by increasing consumer and industrial demand for electronics," the group added. Tin prices have risen amid soaring demand for tin solder and global supply disruptions. However, the hospitality segment continued to be affected by the Covid-19 crisis, reporting a slightly higher loss for H1 2021 compared with the year-ago period. No dividend was declared for the six months ended June 30, as the company does not have a standing practice of declaring dividends for the first half of the financial year. Shares in Straits Trading fell 0.6 per cent or S$0.02 to finish Friday at S$3.09, before it released its results.
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PhillipTan Supreme	14-Aug-2021 03:09        PhillipTan About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Straits Trading H1 profit jumps to S$122.6m from S$5.5m Stronger contributions from real estate and resources helped The Straits Trading Company post a net profit of S$122.6 million for the first half of this year. That is roughly 22 times its year-ago net profit of S$5.5 million, according to the mainboard-listed group' s results announced on Friday evening. Earnings per share stood at 30.1 Singapore cents for the six months ended June 30, up from 1.3 cents in the corresponding period last year. Total revenue increased 62.2 per cent to S$219 million, from S$135 million in the first half of 2020. Chew Gek Khim, Straits Trading executive chairman, said: " Despite the global pandemic, our group' s performance in H1 2021 demonstrated the resilience of our strategy as a conglomerate-investment company with both operations as well as financial investments in real estate, hospitality and resources." Property revenue grew 18.3 per cent on the year to S$23.5 million during the first half. The real estate segment' s higher profit was mainly from fair value gains from the logistics properties portfolio in Australia as well as higher share of profits from a joint venture in South Korea. Straits Real Estate (SRE), which became a wholly-owned subsidiary this April after the group acquired JL Family Office' s 10.5 per cent stake, delivered " a robust performance" , Straits Trading said. Meanwhile, tin mining and smelting revenue climbed 69.8 per cent to S$195.6 million for the half year. Malaysia Smelting Corp' s Pulau Indah smelting facility in Port Klang is expected to be fully commissioned by late 2021 or early 2022, Straits Trading said. " The longer-term outlook for tin remains promising, driven by increasing consumer and industrial demand for electronics," the group added. Tin prices have risen amid soaring demand for tin solder and global supply disruptions. However, the hospitality segment continued to be affected by the Covid-19 crisis, reporting a slightly higher loss for H1 2021 compared with the year-ago period. No dividend was declared for the six months ended June 30, as the company does not have a standing practice of declaring dividends for the first half of the financial year. Shares in Straits Trading fell 0.6 per cent or S$0.02 to finish Friday at S$3.09, before it released its results.
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SlothSG Veteran	13-Aug-2021 23:53        SlothSG About Contact  Quote this Post!
x 0   x 0  Alert Admin	no need coverage so long as company is making $$$ the rest will take care of itself. on track to become blue chip ..... akan datang    n3wbie      ( Date: 13-Aug-2021 22:55) Posted: The issue is that no other brokers apart from DBS cover the stock. Given that DBS is an adviser on the ESR/ARA transaction, they are restricted to provide an update on ST. Prior to the deal, their TP was alr $3.90 with a lower valuation of ARA. Once they are able to resume coverage, the TP should easily hit low to mid $4. Hopefully some other brokers see the gem and initiate coverage on this stock.
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n3wbie Elite	13-Aug-2021 22:55        n3wbie About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	The issue is that no other brokers apart from DBS cover the stock. Given that DBS is an adviser on the ESR/ARA transaction, they are restricted to provide an update on ST. Prior to the deal, their TP was alr $3.90 with a lower valuation of ARA. Once they are able to resume coverage, the TP should easily hit low to mid $4. Hopefully some other brokers see the gem and initiate coverage on this stock.
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Godwinlow Elite	13-Aug-2021 22:50        Godwinlow About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ohhhhh i see. Thanks n3wbie      ( Date: 13-Aug-2021 22:46) Posted: Presumably there will be some cash realisation but they will also own c.4+% of ESR should the transaction goes through, of which that should be marked to market? Not sure if my understanding is correct though. Godwinlow      ( Date: 13-Aug-2021 22:43) Posted: Check does it mean they going to reflect in STC book? Or are they planning to sell its stake? More like reflecting in its books righ
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n3wbie Elite	13-Aug-2021 22:46        n3wbie About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Presumably there will be some cash realisation but they will also own c.4+% of ESR should the transaction goes through, of which that should be marked to market? Not sure if my understanding is correct though. Godwinlow      ( Date: 13-Aug-2021 22:43) Posted: Check does it mean they going to reflect in STC book? Or are they planning to sell its stake? More like reflecting in its books right n3wbie      ( Date: 13-Aug-2021 21:43) Posted: If we look at the SGX announcement, Note 24 - it also states that on completion of the ESR' s proposed acquisition of ARA, Straits Trading is expected to realise approximately US$845.3m (S$1.14b). Should expect a windfall for FY21 building on the strong set of 1HFY21 results.
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Godwinlow Elite	13-Aug-2021 22:45        Godwinlow About Contact  Quote this Post!
x 0   x 0  Alert Admin	The carrying value of ARA on Straits Trading&rsquo s book is S$430 million as at 30 June 2021. Godwinlow      ( Date: 13-Aug-2021 22:43) Posted: Check does it mean they going to reflect in STC book? Or are they planning to sell its stake? More like reflecting in its books right n3wbie      ( Date: 13-Aug-2021 21:43) Posted: If we look at the SGX announcement, Note 24 - it also states that on completion of the ESR' s proposed acquisition of ARA, Straits Trading is expected to realise approximately US$845.3m (S$1.14b). Should expect a windfall for FY21 building on the strong set of 1HFY21 results.
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Godwinlow Elite	13-Aug-2021 22:43        Godwinlow About Contact  Quote this Post!
x 0   x 0  Alert Admin	Check does it mean they going to reflect in STC book? Or are they planning to sell its stake? More like reflecting in its books right n3wbie      ( Date: 13-Aug-2021 21:43) Posted: If we look at the SGX announcement, Note 24 - it also states that on completion of the ESR' s proposed acquisition of ARA, Straits Trading is expected to realise approximately US$845.3m (S$1.14b). Should expect a windfall for FY21 building on the strong set of 1HFY21 results.
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