Post Reply
321-340 of 6571
UBS sold to me at $3.29. Still waiting to fill another 15 lots under separate accounts.
AndyLoss ( Date: 14-Jul-2017 15:24) Posted:
|
I ask myself, how long u gonna wait somemore? how much different if I dun sell now?. I sold at 3.3 and I think it doesn't make any much different if the statement of 3.38 is true. Even though if 3.38 is not true, I strongly believe it won't go to any much further. Sometimes enough is enough. 贪 字 得 个 贫 。 bye bye glp。 Thanks so much.
guess someone needs to unlock the money, doesn' t want to wait that long (or they have waited long enough)
CK_Noobie ( Date: 14-Jul-2017 15:08) Posted:
| how come the opening can lower than $3.38? i thought will not lower than..or at least at $3.35... |
|
You are right! The world is very uncertain. What happen the war breakout. North Korea send another big missile into the sea. The flash point of South China Sea spratly islands conflict between 2 giant. GLP risk remain until april 2018.
halleluyah ( Date: 14-Jul-2017 15:28) Posted:
long wait till april 2018 then will get 3.38........ppl take profit first n invest in others....safer as dunno wat will happen........
wandererr ( Date: 14-Jul-2017 15:11) Posted:
| Cause there is still a risk that the scheme of arrangement wont go through. And the market takes into account the risk. But quite sure it will go through. |
|
|
|
Looks like it might not be the end of this story:
" Singapore sovereign wealth fund GIC, which owns a 36.84 per cent stake in GLP, has given an undertaking to support the bid, which will be carried out through a scheme of arrangement. GIC' s undertaking, however, allows the investor to accept a higher competing bid if it comes along before the scheme meeting."
http://www.businesstimes.com.sg/companies-markets/hot-stock-glp-jumps-22-to-s330-with-s338share-bid-on-the-table
Time value of money.
CK_Noobie ( Date: 14-Jul-2017 15:08) Posted:
| how come the opening can lower than $3.38? i thought will not lower than..or at least at $3.35... |
|
from one of the news report, the chinese consortium already got loan approvals from local and overseas bank, whereas those smaller bidders who withdrew from bidding had faced difficulties securing loans from the banks to participate in the bidding.
CK_Noobie ( Date: 14-Jul-2017 15:14) Posted:
Don' t think there will be any factor cause the scheme not go through gua...GIC already undertake to vote yes liao...Or there is restriction in China on fund outflow?
wandererr ( Date: 14-Jul-2017 15:11) Posted:
| Cause there is still a risk that the scheme of arrangement wont go through. And the market takes into account the risk. But quite sure it will go through. |
|
|
|
GLP&rsquo s largest shareholder, Singapore sovereign wealth fund GIC Pte which owns about 37 percent of the company, has given an irrevocable undertaking to vote in favor of the offer, the statement said. However, GIC said it could accept an unsolicited, higher bid that isn&rsquo t matched by the Chinese-led group.sun233 ( Date: 14-Jul-2017 15:29) Posted:
| Pls lah offer could even be increased as suggested by Bloomberg and BT. Offer is on the table as of now........ |
|
Pls lah offer could even be increased as suggested by Bloomberg and BT. Offer is on the table as of now........
long wait till april 2018 then will get 3.38........ppl take profit first n invest in others....safer as dunno wat will happen........
wandererr ( Date: 14-Jul-2017 15:11) Posted:
Cause there is still a risk that the scheme of arrangement wont go through. And the market takes into account the risk. But quite sure it will go through.
CK_Noobie ( Date: 14-Jul-2017 15:08) Posted:
| how come the opening can lower than $3.38? i thought will not lower than..or at least at $3.35... |
|
|
|
loaded more at 3.31 :)
Congrats
The offer price will not be reduced by GLP' s proposed dividend of six Singapore cents per share, which was announced on May 19. BUSINESS TIMESFATABA ( Date: 14-Jul-2017 15:12) Posted:
Yes....those who hold till the XD date of 3rd Aug. ( means sell from 4th Aug) will have the 0.06 cent dividend.
Which is why u seel the traded price now is very close to the offer of 3.38 ....factoring in the dividend .
Shortist covering will buy in quickly now.
taybc1071 ( Date: 14-Jul-2017 14:49) Posted:
|
|
|
Don' t think there will be any factor cause the scheme not go through gua...GIC already undertake to vote yes liao...Or there is restriction in China on fund outflow?
wandererr ( Date: 14-Jul-2017 15:11) Posted:
Cause there is still a risk that the scheme of arrangement wont go through. And the market takes into account the risk. But quite sure it will go through.
CK_Noobie ( Date: 14-Jul-2017 15:08) Posted:
| how come the opening can lower than $3.38? i thought will not lower than..or at least at $3.35... |
|
|
|
Yes....those who hold till the XD date of 3rd Aug. ( means sell from 4th Aug) will have the 0.06 cent dividend.
Which is why u seel the traded price now is very close to the offer of 3.38 ....factoring in the dividend .
Shortist covering will buy in quickly now.
taybc1071 ( Date: 14-Jul-2017 14:49) Posted:
sorry, $3.38
taybc1071 ( Date: 14-Jul-2017 14:47) Posted:
IgIg, in order to get the div, need to hold until after ex-div, we still get $2.28, right?
|
|
|
|
Cause there is still a risk that the scheme of arrangement wont go through. And the market takes into account the risk. But quite sure it will go through.
CK_Noobie ( Date: 14-Jul-2017 15:08) Posted:
| how come the opening can lower than $3.38? i thought will not lower than..or at least at $3.35... |
|
how come the opening can lower than $3.38? i thought will not lower than..or at least at $3.35...
wonder can the americans still counter offer for the cheese...
Wah! Really those who still holding, super duper Huat arh!!
ExDate 3 Aug, do not sell on 2nd Aug.
taybc1071 ( Date: 14-Jul-2017 14:49) Posted:
sorry, $3.38
taybc1071 ( Date: 14-Jul-2017 14:47) Posted:
IgIg, in order to get the div, need to hold until after ex-div, we still get $2.28, right?
|
|
|
|
sorry, $3.38
taybc1071 ( Date: 14-Jul-2017 14:47) Posted:
IgIg, in order to get the div, need to hold until after ex-div, we still get $2.28, right?
lglg666 ( Date: 14-Jul-2017 14:30) Posted:
| $3.38 plus div.....total $3.44. Yes.....it's a life saver ha ha. Huat Ah to all still holding this |
|
|
|
