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ecekca Elite	15-May-2016 16:42        ecekca About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	the french company that is going to takeover NOL good luck to them.. in a couple of years time..   famouspinky      ( Date: 15-May-2016 15:53) Posted: What will 1 do when u see a seabed of thrash when low tide? Remember, don't litter.
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famouspinky Supreme	15-May-2016 15:53        famouspinky About Contact  Quote this Post!
x 0   x 0  Alert Admin	What will 1 do when u see a seabed of thrash when low tide? Remember, don't litter.
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famouspinky Supreme	15-May-2016 15:30        famouspinky About Contact  Quote this Post!
x 0   x 0  Alert Admin	Disaster is winding up due to incapable mgmt. Shareholders/ citizens r nt paid a dime for contributions for a better way to manage. Captains are mgmt and leaders. War Lords are front line personnels dealing direct with customers. ThisIsMe      ( Date: 15-May-2016 09:34) Posted: Sorry, I tried hard but dont understand what you mean. Can you please explain what you mean. Who is the captain and who is the person not paid a dime?  > > Why wait for disaster to struck while clearing the water frm the ship?  > > The captain in the 1st place should steer the ship well.  > > Well, I' m not paid a dime..nt a dime for a solution to the mess that the captain had made.  > > Captains, warlords..business and politics is different.  ThisIsMe      ( Date: 15-May-2016 09:32) Posted: Sorry, I tried hard but dont understand what you mean. Can you please explain what you mean. Who is thee captain and who is the person not paid a dime?
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sgng123 Supreme	15-May-2016 12:43        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	It the dumb scholarship system that cause all the problems in sg currently, high IQ but zero EQ. The system should long time changed to study loan type where students from poor familie who meet the entry bar benefit instead of people chasing for the title
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ThisIsMe Member	15-May-2016 09:34        ThisIsMe About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	Sorry, I tried hard but dont understand what you mean. Can you please explain what you mean. Who is the captain and who is the person not paid a dime?  > > Why wait for disaster to struck while clearing the water frm the ship?  > > The captain in the 1st place should steer the ship well.  > > Well, I' m not paid a dime..nt a dime for a solution to the mess that the captain had made.  > > Captains, warlords..business and politics is different.  ThisIsMe      ( Date: 15-May-2016 09:32) Posted: Sorry, I tried hard but dont understand what you mean. Can you please explain what you mean. Who is thee captain and who is the person not paid a dime?
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ThisIsMe Member	15-May-2016 09:32        ThisIsMe About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	Sorry, I tried hard but dont understand what you mean. Can you please explain what you mean. Who is thee captain and who is the person not paid a dime?
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famouspinky Supreme	15-May-2016 07:48        famouspinky About Contact  Quote this Post!
x 0   x 0  Alert Admin	Why wait for disaster to struck while clearing the water frm the ship? The captain in the 1st place should steer the ship well. Well, I'm not paid a dime..nt a dime for a solution to the mess that the captain had made. Captains, warlords..business and politics is different. sgng123      ( Date: 14-May-2016 22:48) Posted: That explain the anger of CPF investors, temasek using NOL to do national service for PSA and US business. Hope the share swap happen soon and CMA take over and time to do massive headcut maybe takeout 80% of existing workforce through divestment of port terminals. Th no balls to d8vest cos psa and us labor union pressure. Sell everything and strip NOL asset portfolio to just ships then u see profit
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sgng123 Supreme	14-May-2016 22:48        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	That explain the anger of CPF investors, temasek using NOL to do national service for PSA and US business. Hope the share swap happen soon and CMA take over and time to do massive headcut maybe takeout 80% of existing workforce through divestment of port terminals. Th no balls to d8vest cos psa and us labor union pressure. Sell everything and strip NOL asset portfolio to just ships then u see profit
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famouspinky Supreme	14-May-2016 12:57        famouspinky About Contact  Quote this Post!
x 0   x 0  Alert Admin	This is a diff between business and national service/ government. National service/ gvt no need so much pay cos no profits to justify. serious      ( Date: 14-May-2016 12:27) Posted: CMA has no choice but to try to delist. Listed NOL will only give them more liability  . sgng123      ( Date: 13-May-2016 21:09) Posted: U need like 90% vote for those major decision as it involve asset relocation and need to hold special shareholder meeting. Most likely minority shareholders would block it to protect their interest
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serious Master	14-May-2016 12:27        serious About Contact  Quote this Post!
x 0   x 0  Alert Admin	CMA has no choice but to try to delist. Listed NOL will only give them more liability  . sgng123      ( Date: 13-May-2016 21:09) Posted: U need like 90% vote for those major decision as it involve asset relocation and need to hold special shareholder meeting. Most likely minority shareholders would block it to protect their interest
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speechless Member	13-May-2016 23:22        speechless About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks! sgng123      ( Date: 13-May-2016 22:23) Posted: Sgx website. 10.36% dated 13 may 16. Today cma buy over 5.8mil 1.29 in aĺ l cma had spent over 350mil that shown the urgency to delist nol, prepared for show in june hope no misjudgement on both side on offer price and give a good farewell to our national shipping line
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sgng123 Supreme	13-May-2016 22:23        sgng123 About Contact  Quote this Post!
x 1   x 0  Alert Admin	Sgx website. 10.36% dated 13 may 16. Today cma buy over 5.8mil 1.29 in aĺ l cma had spent over 350mil that shown the urgency to delist nol, prepared for show in june hope no misjudgement on both side on offer price and give a good farewell to our national shipping line
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speechless Member	13-May-2016 21:58        speechless About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hello, may I know where can we see how much shares CMA has managed to obtain? Thanks! sgng123      ( Date: 13-May-2016 21:22) Posted: 10.14% dated 12 may 16, today might increased some more
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sgng123 Supreme	13-May-2016 21:22        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	10.14% dated 12 may 16, today might increased some more
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sgng123 Supreme	13-May-2016 21:09        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	U need like 90% vote for those major decision as it involve asset relocation and need to hold special shareholder meeting. Most likely minority shareholders would block it to protect their interest
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jackson5 Master	13-May-2016 21:03        jackson5 About Contact  Quote this Post!
x 0   x 0  Alert Admin	if delist fail , why can't CMA merge it's operation and divest non core assets ? thanks for sharing . sgng123      ( Date: 13-May-2016 17:08) Posted: Similar delist offer in 2004 fail horrible with temasek offer 1.2x pb, 33% voted against offer and privatisation fail. This time offer only 1x pb, might repeat history unless cma willing to make concession. That why cma able to buy from open marker but it take like 5 months to gather 9.3% very hard since those who want to sell at 1.3 range most likely sold in open. CPF investor pain in the ass as they very stubborn and willing to kamikaze since cpf money is more or les locked for life. CMA biggest loser if delist fail and get into big debt cos cannot merge ops and divest non core asset to par down debt.
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sgng123 Supreme	13-May-2016 17:08        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Similar delist offer in 2004 fail horrible with temasek offer 1.2x pb, 33% voted against offer and privatisation fail. This time offer only 1x pb, might repeat history unless cma willing to make concession. That why cma able to buy from open marker but it take like 5 months to gather 9.3% very hard since those who want to sell at 1.3 range most likely sold in open. CPF investor pain in the ass as they very stubborn and willing to kamikaze since cpf money is more or les locked for life. CMA biggest loser if delist fail and get into big debt cos cannot merge ops and divest non core asset to par down debt.
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GoldNugget Elite	13-May-2016 11:44        GoldNugget About Contact  Quote this Post!
x 0   x 0  Alert Admin	Appreciate if You can help me understand how would the cpf ppl kill the deal? From what I know the two condition to be fulfilled to make the offer firm are 1) CMA in control of 50% +1 share and 2) Anti Trust cleared. Assuming that anti trust is cleared and temesek has agreed to sell 66.8% to CMA, wouldn' t the deal be firm? And the remaining question is if CMA could get 90% to delist NOL.             sgng123      ( Date: 13-May-2016 11:22) Posted: Unless u need money else can save on brokerage fee, antitrust approval would come just need patience since general offer is scheduled on june. Fear is miscalculation on offer price by cma and cpf investors which might kill off the deal like what happen in 2004
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sgng123 Supreme	13-May-2016 11:22        sgng123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Unless u need money else can save on brokerage fee, antitrust approval would come just need patience since general offer is scheduled on june. Fear is miscalculation on offer price by cma and cpf investors which might kill off the deal like what happen in 2004
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serious Master	13-May-2016 09:32        serious About Contact  Quote this Post!
x 0   x 0  Alert Admin	Some of my friends are already selling in open market  now due to long waiting , long wait means uncertainty . But I will wait till the final result out .
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