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MFG Reverse Take Over RTO of new businesses

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josemmm123
    05-May-2020 12:05  
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Look at Kitchen Culture rocket all the way... MFG is the next one... same theme.. acquiring new businesses.
 
 
josemmm123
    30-Apr-2020 17:45  
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hahahaha.. ok when it crosses 10 cents, i let u know :) dun envy me

shadow11      ( Date: 30-Apr-2020 17:18) Posted:

Haha don't worry.
This kind of sleeping counter no one interested.

U can buy all u can. Whhahaha

josemmm123      ( Date: 30-Apr-2020 14:40) Posted:

hahaha.. dun go load up mfg secretl


 
 
shadow11
    30-Apr-2020 17:18  
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Haha don't worry.
This kind of sleeping counter no one interested.

U can buy all u can. Whhahaha

josemmm123      ( Date: 30-Apr-2020 14:40) Posted:

hahaha.. dun go load up mfg secretly

shadow11      ( Date: 30-Apr-2020 13:42) Posted:

Iron teeth. I am waiting.


 

 
josemmm123
    30-Apr-2020 14:40  
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hahaha.. dun go load up mfg secretly

shadow11      ( Date: 30-Apr-2020 13:42) Posted:

Iron teeth. I am waiting.


josemmm123      ( Date: 30-Apr-2020 13:37) Posted:

hahaha.. ok.. i will wait.. one day this share price chiong to 20+ cents, i post here again and make u eat ur own words lo :


 
 
shadow11
    30-Apr-2020 13:42  
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Iron teeth. I am waiting.


josemmm123      ( Date: 30-Apr-2020 13:37) Posted:

hahaha.. ok.. i will wait.. one day this share price chiong to 20+ cents, i post here again and make u eat ur own words lo :)

shadow11      ( Date: 30-Apr-2020 13:27) Posted:

Diff from kitchen LA.
Kitchen got chn Kay.

Mfg got bo. Already chg Kay say no go.

Good luck waiting hor. 😂


 
 
josemmm123
    30-Apr-2020 13:37  
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hahaha.. ok.. i will wait.. one day this share price chiong to 20+ cents, i post here again and make u eat ur own words lo :)

shadow11      ( Date: 30-Apr-2020 13:27) Posted:

Diff from kitchen LA.
Kitchen got chn Kay.

Mfg got bo. Already chg Kay say no go.

Good luck waiting hor. 😂

josemmm123      ( Date: 30-Apr-2020 13:24) Posted:

Same as kitchen culture lo.. no volume = cheap.. at 7.x cents. When news annouced, chiong liao.. too late liao..22 cents.

Same as MFG, wait until got volume means the news is out and chiong liao.. and I say MFG wants to acquire new business is not rumours, is clearly stated in their annual report.

Just a matter of whether u want to wait :


 

 
shadow11
    30-Apr-2020 13:29  
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I anyhow pick metax or 3cenergy for 50-100% also win ur Mfg lor.

Lol Mfg value trap la
 
 
shadow11
    30-Apr-2020 13:27  
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Diff from kitchen LA.
Kitchen got chn Kay.

Mfg got bo. Already chg Kay say no go.

Good luck waiting hor. 😂

josemmm123      ( Date: 30-Apr-2020 13:24) Posted:

Same as kitchen culture lo.. no volume = cheap.. at 7.x cents. When news annouced, chiong liao.. too late liao..22 cents.

Same as MFG, wait until got volume means the news is out and chiong liao.. and I say MFG wants to acquire new business is not rumours, is clearly stated in their annual report.

Just a matter of whether u want to wait :)

commando      ( Date: 30-Apr-2020 13:21) Posted:

No vol....buy liao stuck


 
 
josemmm123
    30-Apr-2020 13:24  
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Same as kitchen culture lo.. no volume = cheap.. at 7.x cents. When news annouced, chiong liao.. too late liao..22 cents.

Same as MFG, wait until got volume means the news is out and chiong liao.. and I say MFG wants to acquire new business is not rumours, is clearly stated in their annual report.

Just a matter of whether u want to wait :)

commando      ( Date: 30-Apr-2020 13:21) Posted:

No vol....buy liao stuck

josemmm123      ( Date: 30-Apr-2020 13:08) Posted:

wow.. this one no one interested? once the annoucement of new business out , it will chiong like Kitchen Culture :


 
 
josemmm123
    30-Apr-2020 13:22  
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Annabeth Leow[email protected]@AnnabethLeowBT


CATALIST-LISTED property management company OEL (Holdings) plans to diversify into early childhood childcare and health education in Singapore, as well as the healthcare industry, through a share placement to investors led by controlling shareholder Zhang Jian.

OEL NTA is 0.83 cents, curently  trading at 2.4 cents.  So the " meat" is not there since share price to NTA ratio is high.

For  MFG, it' s NTA is 8.6 cents,   RNAV should be around 13 cents considering the 3.5 cents  in escrow and the yishun property valuation  much higher than book value.

So  if u based on  OEL trading at  3x it' s NTA, MFG upon RTO would be trading at 24cents.

Usually based on past  history, whenever a cash rich company does a  RTO, it would return excess cash back to shareholders. I think Chew company which undergone RTO can serve as a guide. 


gregtan123      ( Date: 30-Apr-2020 13:11) Posted:

Jose what about OEL? Similar story?

josemmm123      ( Date: 30-Apr-2020 13:08) Posted:

wow.. this one no one interested? once the annoucement of new business out , it will chiong like Kitchen Culture :


 

 
commando
    30-Apr-2020 13:21  
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No vol....buy liao stuck

josemmm123      ( Date: 30-Apr-2020 13:08) Posted:

wow.. this one no one interested? once the annoucement of new business out , it will chiong like Kitchen Culture :)

josemmm123      ( Date: 30-Apr-2020 10:18) Posted:

Looking at how Kitchen Culture share price rocketted once they annouce acquire new businesses. MFG is potentially a multibagger

In it' s latest annual report, they are seeking new businesses. So hopefully a RTO is on the card and see the share price rocket.

In the latest annual report.



 
 
gregtan123
    30-Apr-2020 13:11  
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Jose what about OEL? Similar story?

josemmm123      ( Date: 30-Apr-2020 13:08) Posted:

wow.. this one no one interested? once the annoucement of new business out , it will chiong like Kitchen Culture :)

josemmm123      ( Date: 30-Apr-2020 10:18) Posted:

Looking at how Kitchen Culture share price rocketted once they annouce acquire new businesses. MFG is potentially a multibagger

In it' s latest annual report, they are seeking new businesses. So hopefully a RTO is on the card and see the share price rocket.

In the latest annual report.



 
 
josemmm123
    30-Apr-2020 13:08  
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wow.. this one no one interested? once the annoucement of new business out , it will chiong like Kitchen Culture :)

josemmm123      ( Date: 30-Apr-2020 10:18) Posted:

Looking at how Kitchen Culture share price rocketted once they annouce acquire new businesses. MFG is potentially a multibagger

In it' s latest annual report, they are seeking new businesses. So hopefully a RTO is on the card and see the share price rocket.

In the latest annual report.


 
 
josemmm123
    30-Apr-2020 10:40  
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yes, ,will look into it :) thanks

The key thing is to buy BEFORE news are out.. U see kitchen culture.. when news out.. too late to go in liao.. so best find all those
with multibagger potentials :)

westpoison      ( Date: 30-Apr-2020 10:35) Posted:

Must well look at OUE Lippo Healthcare. No volume. But their AGM coming up in 2 weeks. Potential another healthcare pump dump. So get in earlier first.

 
 
josemmm123
    30-Apr-2020 10:39  
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This is happening to Kitchen culture. In terms of share price etc.. Kitchen culture similar to MFG.. MFG potential 3.5 cents dividend in August and is debt free, so it has the ability to acquire a good business. Cheers

Look at the posting in kitchen culture.


westpoison      ( Date: 30-Apr-2020 10:35) Posted:

Must well look at OUE Lippo Healthcare. No volume. But their AGM coming up in 2 weeks. Potential another healthcare pump dump. So get in earlier first.

 

 
westpoison
    30-Apr-2020 10:35  
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Must well look at OUE Lippo Healthcare. No volume. But their AGM coming up in 2 weeks. Potential another healthcare pump dump. So get in earlier first.
 
 
gregtan123
    30-Apr-2020 10:35  
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If that' s the case, OEL lei? They DOUBLE inject BIZ lei. Still 2 cents. OEL can go 0.20?

josemmm123      ( Date: 30-Apr-2020 10:32) Posted:

u see kitchen culture.. also no volume... was 7+ cents.. then when they annouce the news that they are acquiring a new business.. share price shoot to 22 cents.

I see the same with MFG :)

westpoison      ( Date: 30-Apr-2020 10:31) Posted:

This one no trading volume. 


 
 
josemmm123
    30-Apr-2020 10:34  
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Can refer to Kitchen Culture to see the same thing happening to MFG once MFG annouce the new business.

http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=19472& searchString=& msgbdName=Kitchen Culture& topicTitle=Married Trade
 
 
 
josemmm123
    30-Apr-2020 10:32  
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u see kitchen culture.. also no volume... was 7+ cents.. then when they annouce the news that they are acquiring a new business.. share price shoot to 22 cents.

I see the same with MFG :)

westpoison      ( Date: 30-Apr-2020 10:31) Posted:

This one no trading volume. 

 
 
westpoison
    30-Apr-2020 10:31  
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This one no trading volume. 
 
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