no more counter offer.
These are folks who are not sure whether the deal will go thru, hence they sell while the price is still above $2.
$warrior ( Date: 03-Feb-2019 09:57) Posted:
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Perhaps those who sold ar 205 sold out of desperation- it happens sometimes to newbies eho are not sure of the situation
bullrun6088 ( Date: 03-Feb-2019 08:20) Posted:
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Got people sell at 2.05 which is very unusual! Their broker should tell them NOT TO. Maybe the work of syndicates very fishy. No one should be forced to sell their shares and there is no reason why anyone can be left in a bind.
KAMAL0883 ( Date: 01-Feb-2019 12:19) Posted:
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Buy 2.05 vs Sell 2.06
KC/SPH and their Bankers very smart to force holders surrender to them
KC/SPH and their Bankers very smart to force holders surrender to them
Just curious don't mind asking in what way are you vested?
Qanghoo ( Date: 31-Jan-2019 21:13) Posted:
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I believe even Asiata are having reservations in making a counter offer.  Px shd drop after offer closes.  Also, all the speculation abt TPG, M1' s +ve future, etc remain only speculation.  Fact is, telcos' future here is challenging.  That' s why all the telcos have tanked so much.  DYODD of course.  But for me, best option is accept the offer n reinvest the funds freed.  Remember, there is an opportunity cost in sticking on n also the adage -  a bird in hand has that realised value .....
This offer is a low ball offer that is not acceptable by stakeholders.
The future profits for M1 is good with its new NB-IoT network for smart nation projects and contracts in coming years. TPG with no capability in IoT business will not last long.
gopguppy ( Date: 31-Jan-2019 11:10) Posted:
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Time for all still holding M1 shares to consider whether to continue or cut......
ya. if m1 remains listed most likely price will drop. below offer price.
MichaelSchenker ( Date: 31-Jan-2019 16:57) Posted:
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In the first place, did Konnectivity indicate their intention to take M1 Private? If no, means M1 likely to remain listed, and current shareholders who did not wish to tender will continue to remain as shareholders.
Just a recap what happened to UE. Though not exactly similar circumstances, still good to draw precedence from.
UE is still listed, albeit change of majority shareholder. Current price still lower than offer price.
Just a recap what happened to UE. Though not exactly similar circumstances, still good to draw precedence from.
UE is still listed, albeit change of majority shareholder. Current price still lower than offer price.
I using their 4g now....OK only lah...Not as good as m1
gopguppy ( Date: 31-Jan-2019 11:10) Posted:
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Accept the offer as outlook still looks murky for M1, says OCBC
31/01/19, 01:02 pm
SINGAPORE (Jan 31): Keppel Corp and Singapore Press Holdings (SPH), through offer vehicle Konnectivity, and together with concert parties and valid acceptances, have amassed a total stake of 34.41% in M1.
A total stake of 50% is needed for the offer to turn unconditional.
The offeror also announced that it does not intend to increase the offer price of $2.06/share under any circumstances and has extended the offer to Feb 18.
This follows on the heels of the IFA&rsquo s &ldquo fair and reasonable&rdquo opinion that has since been published.
In a Tuesday report, OCBC Investment Research says Konnectivity is unlikely to be keen on engaging in a bidding war, which could otherwise lead to them overpaying to obtain a majority stake.
In OCBC analyst Joseph Ng&rsquo s view, the overriding aim for offeror is to extract value from its legacy investments.
One way of achieving this is through the current offer, but a higher bid would also allow them to achieve that same aim via an exit at a higher price.
https://www.theedgesingapore.com/accept-offer-outlook-still-looks-murky-m1-says-ocbc
 
My sense is even though TPG Spore is a separate entity compared to TPG Australia, this news will have a serious implication on what TPG Aust intends to do going forward. This will indirectly impact TPG Spore' s budget, and strategy moving forward as well. With TPG' s very limited capital outlay for infrastructure, couple with this news, TPG' s survival is really up in the air. All analyst reports serously doubts TPG will provide an effective alternative telco.
TenPips ( Date: 31-Jan-2019 10:38) Posted:
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What happened to TPG Singapore? 
Here' s TPG in her homeland -  https://www.channelnewsasia.com/news/technology/australia-s-tpg-telecom-halts-mobile-network-rollout-over-huawei-11178046
Here' s TPG in her homeland -  https://www.channelnewsasia.com/news/technology/australia-s-tpg-telecom-halts-mobile-network-rollout-over-huawei-11178046
Thanks - looks interesting.
alidaud ( Date: 31-Jan-2019 08:39) Posted:
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Red and blue square is strong support or ressistance . Just enter current price we can know the support, resisstance, entry price, target price, stop loss and etc.
$warrior ( Date: 29-Jan-2019 23:05) Posted:
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With so much churning, might as well get out with as little damage as possible and save on the anxiety.
Very typical of matland............. close eyes pretend not to see/hear/know or simply kick the can down the road till no more road to kick........

" Axiata sees that there isn&rsquo t enough time left to pull together its own counteroffer, the people said. The Malaysian company also considers it unlikely a rival bidder will emerge at this point, one of the people said. Still, Axiata plans to wait until close to the Feb 18 deadline before making a final decision to accept, the person said, asking not to be identified because the information is private.
Ultimately, Axiata may have little choice which path to take. Keppel and SPH have a waiver from the Singapore bourse allowing them take M1 private if the free float falls below 10%. If Axiata rejects the offer, it could get stuck holding 28.7% of an unlisted company languishing in last place among Singapore&rsquo s wireless carriers."
Maybe making excuses only.  Maybe they think not worth making higher offer cos they figure that sg' s telco sector too crowded liao at penetration rate of 1.5 mobile lines? 
gopguppy ( Date: 30-Jan-2019 09:45) Posted:
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