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Polaris really going big time! Post Reply Rate topic
pericolly Member	19-Oct-2015 10:44        pericolly About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	High volume and going down. Probably gonna drop another 2 pips today
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pericolly Member	19-Oct-2015 10:40        pericolly About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	Will shoot up? What kind of logic is this? treetops      ( Date: 19-Oct-2015 10:33) Posted: Will shoot up anytime today! Speculating now. Play at your own rsik. =P
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treetops Elite	19-Oct-2015 10:33        treetops About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Moments Today, Memories Tomorrow!"
x 0   x 1  Alert Admin	Will shoot up anytime today! Speculating now. Play at your own rsik. =P
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wxp8838 Veteran	19-Oct-2015 10:31        wxp8838 About Contact  Quote this Post!
x 0   x 0  Alert Admin	POLARIS LTD: (S$0.015) Potential default of 44.9% owned Trikomsel may wipe out its equity 16/10/2015 Polaris' 44.9% owned PT Trikomsel Oke has disclosed that the company may not be able to meet its financial obligations indefinitely, following the general slowdown in the Indonesian economy and the depreciation in the rupiah. The ailing company is an Indonesia-based mobile-phone distributor and retailer. The company previously issued $115m worth of three-year corporate bonds in May ' 13 at 5.25%, and is now seeking to discuss with bondholders on possible restructuring options. Credit rating agency S& P has cited that the potential default of Trikomsel would be a rare event that has not occurred in Singapore' s corporate bond market since the global financial crisis. As of 31 Dec ' 14, Polaris recorded a book value of $318.5m for its investment in Trikomsel, which makes up a whopping 94% of the group' s entire equity value of $338.6m. If Trikomsel fails to restructure its debts, Polaris may potentially see a massive wipeout of its book value. By Clement Ho
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wxp8838 Veteran	15-Oct-2015 17:13        wxp8838 About Contact  Quote this Post!
x 0   x 0  Alert Admin	UPDATE: Trikomsel invites bondholders for meeting SINGAPORE, Oct 15 (IFR) - Indonesia' s Trikomsel has invited holders of its Singapore dollar bonds to a meeting on October 26 for an update on its financial position. The mobile phone distributor said the bondholder meeting through a conference call would also present its business plan, as well as discuss possible debt-restructuring options. " While the circumstances are undoubtedly challenging, the group expects to present a compelling business case for your continued support under a realistic re-profiling of its financial obligations," the company said in statement today. This will involve all holders of its two outstanding Singapore dollar bonds - a S$115m 5.25% 3-year sold in May 2013 and a S$100m 7.875% 3-year sold in May last year. The company emphasised that it had, to date, substantially met its obligations as they fell due, but might not be able to do the same indefinitely. A sharply weaker rupiah against the US dollar had taken a toll on the company' s financial performance, reducing earnings and significantly lowering cash flows. Trikomsel will set up an informal steering committee made up three to five substantial bondholders. It has invited investors to join the committee. FTI Consulting has been appointed as financial adviser on the debt restructuring. (Reporting By Kit Yin Boey editing by Dharsan Singh) (([email protected]
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bishalnb Master	15-Oct-2015 09:36        bishalnb About Contact  Quote this Post!
x 0   x 0  Alert Admin	or time to buy more  wxp8838      ( Date: 14-Oct-2015 16:29) Posted: So this is a kind of bad news? treetops      ( Date: 14-Oct-2015 14:23) Posted: If i not wrong, Stratech also did a restructure before....
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wxp8838 Veteran	14-Oct-2015 16:29        wxp8838 About Contact  Quote this Post!
x 0   x 0  Alert Admin	So this is a kind of bad news? treetops      ( Date: 14-Oct-2015 14:23) Posted: If i not wrong, Stratech also did a restructure before....
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treetops Elite	14-Oct-2015 14:23        treetops About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Moments Today, Memories Tomorrow!"
x 0   x 0  Alert Admin	If i not wrong, Stratech also did a restructure before....
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wxp8838 Veteran	14-Oct-2015 14:12        wxp8838 About Contact  Quote this Post!
x 0   x 0  Alert Admin	did you mean the news is bad? bishalnb      ( Date: 14-Oct-2015 11:49) Posted: its nutral, selling is todays market sentiment + reaction to the news wxp8838      ( Date: 14-Oct-2015 10:45) Posted: Is debt restructuring a bad thing?
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bishalnb Master	14-Oct-2015 11:49        bishalnb About Contact  Quote this Post!
x 0   x 0  Alert Admin	its nutral, selling is todays market sentiment + reaction to the news wxp8838      ( Date: 14-Oct-2015 10:45) Posted: Is debt restructuring a bad thing?
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wxp8838 Veteran	14-Oct-2015 10:45        wxp8838 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Is debt restructuring a bad thing?
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wxp8838 Veteran	13-Oct-2015 18:16        wxp8838 About Contact  Quote this Post!
x 0   x 0  Alert Admin	good or bad news?if bad ,now Eur index drops huge ,tomorrow ,this polaris bear will be dead bear.
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wxp8838 Veteran	13-Oct-2015 17:27        wxp8838 About Contact  Quote this Post!
x 0   x 0  Alert Admin	POLARIS LTD. (Company Registration No.: 198404341D) (Incorporated in the Republic of Singapore) HOLDING ANNOUNCEMENT The Board of Directors (the &ldquo Board&rdquo ) of Polaris Ltd. (the &ldquo Company&rdquo ) wishes to inform shareholders that its associated company, PT Trikomsel Oke Tbk. (&ldquo Trikomsel&rdquo ) has appointed FTI Consulting as its professional adviser for a debt restructuring plan. Further announcements will be issued by the Company in the event that there are any further material developments regarding the above subject matter. In the meantime, shareholders of the Company are advised to refrain from taking any action in respect of their shares in the Company which may be prejudicial to their interests, and to exercise caution when dealing in the shares of the Company. In the event of any doubt, shareholders of the Company should consult their stockbrokers, bank managers, solicitors, accountants or other professional advisers. By Order of the Board Ang Chuan Hui, Peter Executive Director & CEO Date: 13 October 2015 This announcement has been prepared by the Company and its contents have been reviewed by the Company&rsquo s Sponsor, Stamford Corporate Services Pte Ltd, for compliance with the relevant rules of the SGX-ST. The Company&rsquo s Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Mr Yap Wai Ming: Tel: 6389 3000 Email: [email protected]
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wxp8838 Veteran	12-Oct-2015 14:16        wxp8838 About Contact  Quote this Post!
x 0   x 0  Alert Admin	drop again?
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justinjustin Member	12-Oct-2015 09:27        justinjustin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hmm thick wall
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justinjustin Member	11-Oct-2015 21:15        justinjustin About Contact  Quote this Post!
x 0   x 0  Alert Admin	hmm will monday have slight gap up
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isaacsgx Elite	11-Oct-2015 09:16        isaacsgx About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hopely 20 and then 23. Too fast may not be good. justinjustin      ( Date: 11-Oct-2015 07:31) Posted: Hmm Monday 19c?
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justinjustin Member	11-Oct-2015 07:31        justinjustin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hmm Monday 19c?
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isaacsgx Elite	09-Oct-2015 19:54        isaacsgx About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes slow is good but consistently hor! Now can change and promoted to Polar Mini Bull!
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ahjuma Member	09-Oct-2015 17:27        ahjuma About Contact  Quote this Post!   Yells: "annyeonghaseyo"
x 0   x 0  Alert Admin	Yes. anyway my holding for this Polar Bear is very little only compare to the rest. But at least it' s GREEN now and i' m happy. =) treetops      ( Date: 09-Oct-2015 17:16) Posted: Don' t need to see. Just park there will do. See it keep going up slowly... I still vested and park there till year end, see how it go... ahjuma      ( Date: 09-Oct-2015 16:57) Posted: hello treetops  slow and steady.... patience! waiting till neck a bit long liao but is worth it. =)
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