Only update today is this one : http://preview.todayir.com.sg/croesusretail/attachment/2017053117542425977698.pdf 
 
 
The Intraday Chart showed Croesus just dived down !
Given the Super Low Japanese interest rates, I believe they will fund though loans or debt securities instead of dilutive rights. Anyway they have a very good track record and the market share price usually climbs past the rights price rapidly.
There is no announcement on rights issue. Though it happened in the past two years, it doesn' t mean it will this year.
Is there an imminent Rights issue? I guess I may have missed an announcement somewhere.
Then again, why would CRT do a Rights issue if there is going to be an impending sale. They are not expanding nor would need the money for working capital, afterall they are good financially.
But I agree it' s not going to look good if they really carry on with Rights issue.
Then again, why would CRT do a Rights issue if there is going to be an impending sale. They are not expanding nor would need the money for working capital, afterall they are good financially.
But I agree it' s not going to look good if they really carry on with Rights issue.
chengwh1 ( Date: 20-May-2017 14:13) Posted:
|
If no buyout, on top of waiting for dividend, must also prepare cash for the coming Rights Issue which normally comes in August or in November. Otherwise, if not taking up, sure,... we can sell our Rights in the mkt, but our holdings will be diluted ! Perhaps this is the downside of Croesus,...
  Buyout take quick cash no  buyout take divdend. Haha !!!
no big deal...just buy more if it moves down to 90+ cents...
this one pays good dividends and financial performance good... 
most holders are in fact worried that the buyout happens...
this one pays good dividends and financial performance good... 
most holders are in fact worried that the buyout happens...
Hmm,... looks to me more like speculations onto a strong buyout price,.... Careful of an ann' t later that the buyout is scrapped.
Start moving up again.
Cheer !
Cheer !
Company is in a good position based on it' s financials. 
Current price is about a 3-year high, notably having ran up quite a bit from mid-90 cents after news about it' s intention. So, not sure where they' ll draw the reference.
If I were to make a simplistic guess, it should not be more than 1.50, maybe 1.20 to 1.40? 
Btw, DBS group holdings own quite a huge chunk of CRT.
Current price is about a 3-year high, notably having ran up quite a bit from mid-90 cents after news about it' s intention. So, not sure where they' ll draw the reference.
If I were to make a simplistic guess, it should not be more than 1.50, maybe 1.20 to 1.40? 
Btw, DBS group holdings own quite a huge chunk of CRT.
Goldfinger ( Date: 18-May-2017 12:49) Posted:
|
Given the relentless price climb, despite the tepid market, I'm getting quite curious about the likely buyout price.
Today up 3 cts very strong.
Vol still high except for 8 & 9 of May.
 
Vol still high except for 8 & 9 of May.
 
| Date | Open | Range | Close | Change | Volume |
|---|---|---|---|---|---|
| 16/05/2017 | 1.01 | 0.855 - 1.02 | 0.995 | -0.005 (0.50%) | 3,532,100 |
| 15/05/2017 | 0.985 | 0.855 - 1.02 | 1.00 | +0.03 (3.09%) | 4,177,600 |
| 12/05/2017 | 0.97 | 0.855 - 0.98 | 0.97 | -0.005 (0.51%) | 2,838,400 |
| 11/05/2017 | 0.98 | 0.855 - 0.985 | 0.975 | -0.01 (1.02%) | 2,591,600 |
| 09/05/2017 | 0.985 | 0.855 - 0.99 | 0.985 | 0.00 (0.00%) | 784,700 |
| 08/05/2017 | 0.985 | 0.855 - 0.99 | 0.985 | 0.00 (0.00%) | 1,215,800 |
| 05/05/2017 | 0.98 | 0.855 - 0.99 | 0.985 | +0.005 (0.51%) | 2,030,100 |
| 04/05/2017 | 0.985 | 0.855 - 0.99 | 0.98 | -0.005 (0.51%) | 3,540,000 |
| 03/05/2017 | 0.985 | 0.855 - 0.99 | 0.985 | 0.00 (0.00%) | 3,194,400 |
| 02/05/2017 | 0.975 | 0.855 - 0.99 | 0.985 | +0.01 (1.03%) | 3,580,500 |
Just leave this one alone - it will grow and further enhance its value over time. Selling out now to an acquirer would be a mistake in my personal view.
This counter is really good at the moment.
Retraced to 0.995 yesterday, open at 1.000 today and took-off to hit 1.045 earlier.
Last done: 1.035
Looks like the upward pressure is still there..
Retraced to 0.995 yesterday, open at 1.000 today and took-off to hit 1.045 earlier.
Last done: 1.035
Looks like the upward pressure is still there..
MichaelSchenker ( Date: 15-May-2017 14:42) Posted:
|
Current: 1.010/1.015
Last done: 1.010
High: 1.020
Looks like getting too hot, to quick. Holders may want to re-consider what to do with their holdings. Continue to hold and wait out? Or cash out, hoping to correct back and then buy back at lower price?
 
Last done: 1.010
High: 1.020
Looks like getting too hot, to quick. Holders may want to re-consider what to do with their holdings. Continue to hold and wait out? Or cash out, hoping to correct back and then buy back at lower price?
 
But the issuer always can maneuver their way through, especially if they hold majority shares,... how far can we prevent the sale from happening ??
this is one of my best reit .... $1.4 maybe okay to sell.... $1.2 rather keep and collect dividend...
With the latest results - changed my mind. May not accept.
Goldfinger ( Date: 26-Apr-2017 20:01) Posted:
|
Glad to be here though joined late !!!