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Offer $1.25
Both Chuan Hup and PCI trading halt this morning.
new high, buy the strong share in the weak market
I highly doubt Chuan Hup will sell its shares in PCI limited given how well it has been doing and its growth potential. The only possible scenario is if the third party offers a price well above its current share price . However if i were them i will most likely just hold on it. This is just my view on it though. You can visit https://twoshrewdinvestors.com/2018/09/29/pci-limited-update/ for a quick update on PCI' s performance and what i think of it.
WHAT IS THE DEAL . IS THE COMPANEY SELLING , PLEASE TELL US THE STOREY
looks like this is done deal!
What other gems with such fundamentals, healthy financials , small share float, debt free and v profitable?
What other gems with such fundamentals, healthy financials , small share float, debt free and v profitable?
U must b joking 0.50!!!! That time it was trading up to $1.70 on rumor of takeover during Natelec and Omni times.....CH refused to let go!!! CH proven right and with current financials so strong and only about 200m shares any offer above $2 then should be considered!!! hahaha go do some research .... I m speaking as a long time shareholder!!!! One of the few stocks i like...healthy financials , small share float, debt free and v profitable....where to find such a gem tis days!!!!!.happy trading folks!!
gametheory99 ( Date: 19-Sep-2018 09:58) Posted:
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Was it 1.50 or 0.50?
marjohn ( Date: 19-Sep-2018 09:55) Posted:
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Any offer must be above $1.50 because previously CH rejected offer at about that price. Likely CH looking at $2/- above!!!! Happy trading folks.
marjohn ( Date: 14-Sep-2018 14:56) Posted:
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isittt... talk c@ck
Lucas4 ( Date: 19-Sep-2018 08:53) Posted:
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drop back to 1
Trading halt Liao.....good news for AEM, HI-p, venture
Like no news.. will drop back maybe
SmallSmall ( Date: 18-Sep-2018 21:54) Posted:
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The Board of Directors (?Board?) of Chuan Hup Holdings Limited (the ?Company?) refers to PCI Limited?s (?PCI?) announcement dated 18 September 2018 (?Announcement?) in relation to PCI?s responses to queries raised by the Singapore Exchange Securities Trading Limited (the ?SGX-ST?).
As stated in the Announcement, the Board wishes to announce that the Company, as the controlling shareholder of PCI, has been approached by a third party in connection with a potential transaction in relation to the securities of PCI.
Shareholders are advised that the discussions are on-going and there is no certainty or assurance whatsoever that these discussions will progress beyond the current stage or that any transaction will arise from these discussions.
Shareholders are further advised to exercise caution when dealing in the shares of the Company and to refrain from taking any action in respect of their investments which may be prejudicial to their interests. In the event that shareholders wish to deal in the shares of the Company, they should seek their own professional advice and consult with their own stockbrokers.
The Company will, in compliance with applicable rules (including the Corporate Disclosure Policy of the Listing Manual of the SGX-ST), make further announcements as appropriate.
As stated in the Announcement, the Board wishes to announce that the Company, as the controlling shareholder of PCI, has been approached by a third party in connection with a potential transaction in relation to the securities of PCI.
Shareholders are advised that the discussions are on-going and there is no certainty or assurance whatsoever that these discussions will progress beyond the current stage or that any transaction will arise from these discussions.
Shareholders are further advised to exercise caution when dealing in the shares of the Company and to refrain from taking any action in respect of their investments which may be prejudicial to their interests. In the event that shareholders wish to deal in the shares of the Company, they should seek their own professional advice and consult with their own stockbrokers.
The Company will, in compliance with applicable rules (including the Corporate Disclosure Policy of the Listing Manual of the SGX-ST), make further announcements as appropriate.
Likely to be third party. Chuan Hup Has been sheddig assets like CH Offshore. Just a guess. Not vested
BBBulll ( Date: 18-Sep-2018 19:37) Posted:
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Chuan Hup will privatise PCI?
tcshares ( Date: 18-Sep-2018 19:02) Posted:
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hope for some good news!
Halted along with Chuan Hup. Chuan Hup sold out? GO?
This is a good company.
I decided to sell all my PCI share because of share price raised about 30% within a month &
now the yield is less than 5%.
I decided to sell all my PCI share because of share price raised about 30% within a month &
now the yield is less than 5%.
marjohn ( Date: 14-Sep-2018 14:56) Posted:
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It s owned by listed company Chuan Hup....many offer to takeover but CH refused to let go.....it' s debt free , v profitable and the very few contract manufacturer left here. Potential for takeover offer v high!!! I m still holding the shares finally into the money . Have held it for almost 20 yrs!!!! hahaha Happy trading.
tcshares ( Date: 14-Sep-2018 14:17) Posted:
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