To attend, do I need to bring any forms or just IC?
HiFive123 ( Date: 18-Jul-2017 12:19) Posted:
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US banks and investment companies like accumulating.
HiFive123 ( Date: 20-Jul-2017 16:55) Posted:
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10.617 Million shares of $3.325 were done in 6 transactions.
HiFive123 ( Date: 20-Jul-2017 16:42) Posted:
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| Price | Trade | Volume | Buy | Sell |
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3.320
|
472
|
2,643,400
|
2,443,400
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0
|
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3.325
|
6
|
10,617,000
|
0
|
0
|
|
3.330
|
574
|
2,214,800
|
0
|
2,214,800
|
TMW1986 ( Date: 20-Jul-2017 15:40) Posted:
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Next week should see 3.36 at least. Patience. Dividends coming.
HiFive123 ( Date: 20-Jul-2017 13:18) Posted:
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STRONG BUYING seen at:
BUY   3.32   (42.0m) /   SELL   3.33   (7.3m)
BUY   3.32   (42.0m) /   SELL   3.33   (7.3m)
snoopybrown ( Date: 20-Jul-2017 13:04) Posted:
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more buyers than sellers at different price range, with 41 millions at buy queue $3.20
Hope the below article assures your concern:
http://www.straitstimes.com/business/companies-markets/buyout-offer-for-glp-seen-as-decent-given-its-past-results-news-analysis
Buyout offer for GLP seen as decent, given its past results
17.07.2017
"   It is also encouraging that the deal, which will lead to a delisting in Singapore, has no financing ties to the mainland: Beijing' s shifting stance on whether to allow capital to leave the country for overseas mergers and acquisitions could have proven problematic."
 
http://www.straitstimes.com/business/companies-markets/buyout-offer-for-glp-seen-as-decent-given-its-past-results-news-analysis
Buyout offer for GLP seen as decent, given its past results
17.07.2017
"   It is also encouraging that the deal, which will lead to a delisting in Singapore, has no financing ties to the mainland: Beijing' s shifting stance on whether to allow capital to leave the country for overseas mergers and acquisitions could have proven problematic."
 
laksaman57 ( Date: 19-Jul-2017 16:01) Posted:
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https://www.google.com.sg/amp/deadline.com/2017/07/chinese-regulators-block-banks-from-lending-to-dalian-wanda-for-overseas-deals-1202129913/amp/
laksaman57 ( Date: 19-Jul-2017 15:24) Posted:
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Any chance of China regulator blocking deal like they blocked Wanda ?
Has such counter-bid happened to other previous takeover exercises by other stocks before? 
HiFive123 ( Date: 19-Jul-2017 14:59) Posted:
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As long as the Scheme has not been approved   yet,
there is still a chance of another new counter bid coming in,
afterall the previous bid of Warburg was still higher than the current takeover bid.
there is still a chance of another new counter bid coming in,
afterall the previous bid of Warburg was still higher than the current takeover bid.
snoopybrown ( Date: 19-Jul-2017 14:50) Posted:
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possible that parties are milking the 6 cents div since the wait is just few weeks out. Ex Div may bring out the ' true color' of the various parties. I suspect the competing team to the Offeror, not able to get all the business details especially for the China portion, maybe asking for business gurantee in their bid which GLP independent team do not favor as transaction is not clean. Just my thoughts...... I am holding on till ex Div, and then decide base on price then.
Today' s annoucement indicates that Merrill Lynch acquired 448,400 shares at $3,31, $3.32 and $3.33 yesterday. The total number of shares owned is 720,626,045 or 15.34%. What do you guys think, if there is a purpose for accumulating shares now or they are simply profiting $0.11 as GLP shares valued at $3.44 inclusive of dividend.
Fellow GLP investor......if u assume they hv not sold ....Blackstone, Warburg etc shld all add up above 25% alrdy.
But the question is ..Do u think they will sell or still hold to fight??    Honestly the 3.38 ( add 6c divd) is a relatively good offer.
Dont forget some of this fund are really here to make $$ and not to run GLP .    Min and his team are more interested to run GLP
as this is his career and investment a long time ago.
JUst.....if the angmo side can gang up and dont sell....then its better for share price as it wild result in a price war .
Which I dont think wld happen at this moment.  Just my view.
But the question is ..Do u think they will sell or still hold to fight??    Honestly the 3.38 ( add 6c divd) is a relatively good offer.
Dont forget some of this fund are really here to make $$ and not to run GLP .    Min and his team are more interested to run GLP
as this is his career and investment a long time ago.
JUst.....if the angmo side can gang up and dont sell....then its better for share price as it wild result in a price war .
Which I dont think wld happen at this moment.  Just my view.
HiFive123 ( Date: 19-Jul-2017 13:25) Posted:
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Percenatge held by:
BofAML - 10.98%
Elliot Capital 6.433%
Merrill Lynch 11.22%
Not sure if the holdings of BofAML & Merrill Lynch are the same as all are under #8
BofAML - 10.98%
Elliot Capital 6.433%
Merrill Lynch 11.22%
Not sure if the holdings of BofAML & Merrill Lynch are the same as all are under #8
gopguppy ( Date: 19-Jul-2017 12:27) Posted:
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Today' s SGX report indicates the percentage has increased to 15 plus. Are the americans accumulating shares to hit 25% and above so that the chinese will not hit the 75% they need to privatise?
nea03177 ( Date: 17-Jul-2017 19:24) Posted:
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they would have got a better price if not for that Clause.
HiFive123 ( Date: 18-Jul-2017 16:59) Posted:
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Look like the Chinese consortium has this one in their bag with their offer price. Btw they are also very into the business and played a major part in it too. So I'm good and happy to sell to them.
counter bid unlkely to come so early...
AndyLoss ( Date: 18-Jul-2017 16:00) Posted:
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