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Yes, 6 months to show concrete proof of on going process to keep the listing.
If nothing going on, by end of 6 months, the delisting process starts.
If nothing going on, by end of 6 months, the delisting process starts.
ipolaris ( Date: 18-Feb-2019 11:03) Posted:
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Read somewhere and if memory didn' t fail me, by SGX rule, they only have less than one year to clinch any investment deal. Otherwise, it' s compulsory to delist. It should be shorter than one year as the delisting process will take a few months to settle but the overall process must not exceed one year. Anyone can confirm?
bobiewong ( Date: 18-Feb-2019 10:49) Posted:
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should RHT remain on SGX and not de-register, how much this shell company is worth will depend on what is their next investment plan.
To play safe, below 0.035 should hold as this is the more confirmed figure to be returned to unitholders after one year, if delisted.
Note that 0.035 is the overall figure. 0.0238 of this estimated 0.035 will be returned on 1 Mar 19.
Note that 0.035 is the overall figure. 0.0238 of this estimated 0.035 will be returned on 1 Mar 19.
qxlStocks ( Date: 17-Feb-2019 12:55) Posted:
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Ohhhhh icic so below .037 can hold and wait for dividends eh? Thanks!
ipolaris ( Date: 16-Feb-2019 23:40) Posted:
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0.039 per unit of shareholders money was previously retained. Written in circular about 10% will be deducted for operating cost for one year. So expected to receive 90% of 0.039 = 0.035 in future. Now returning 60% of the 0.039, i.e. 0.0238. Left 0.0112 XD.
If management is going to return shareholders based on NAV 0.042 (no guarantee), XD price 0.0182-10%= 0.0163.
So the possible value of the current price is 0.0351 to 0.0401 per unit.
I am of the opinion that 0.037 (i.e. between 0.0351 to 0.0401) and above is good. Dyodd.
If management is going to return shareholders based on NAV 0.042 (no guarantee), XD price 0.0182-10%= 0.0163.
So the possible value of the current price is 0.0351 to 0.0401 per unit.
I am of the opinion that 0.037 (i.e. between 0.0351 to 0.0401) and above is good. Dyodd.
qxlStocks ( Date: 16-Feb-2019 20:02) Posted:
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People were saying this $0.0238 is their own money previously retained by the shell company. I am also wondering why it is called dividend payment? It is actually cash distribution which rht don' t want to keep so much money from the shareholders to reinvest.
SmallSmall ( Date: 15-Feb-2019 09:35) Posted:
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Hmmm holding above what level should sell?
Berani ( Date: 15-Feb-2019 16:13) Posted:
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sold too early.... 0037 sold liao
next week after dividend try again
next week after dividend try again
Lucas4 ( Date: 15-Feb-2019 15:56) Posted:
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break 4 soon
7mil buyers suddenly appeared 😱
NAV still got 0.042....
now share is damn cheap now
now share is damn cheap now
SmallSmall ( Date: 15-Feb-2019 09:35) Posted:
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Another dividend payment of $0.0238.
Just bought a chunk @ 0.031. 
Mr Singh bought another 5mil @ $0.029 yesterday.
He too is reluctant to buy a lot at higher prices compared to previous days.
He too is reluctant to buy a lot at higher prices compared to previous days.
Congrats! Closed @ 0.032
Nice!
I have in the queue @ 0.03. 5M shares. Hahaha.
I have in the queue @ 0.03. 5M shares. Hahaha.
Bought at 31 200 lot.. Hope it move up
Hi all!
My first post here, moving here from HWZ.
Vested and still buying!
My first post here, moving here from HWZ.
Vested and still buying!
the bulk already distributed. with the share hovering at 2.5-3 cents and theoratically max of 3.5cents. the max loss from here on is that few cents x number of units held.
compare that to the potential upside that they start a new viable business. putting that few cents at stake of going to 0 is worth the risk.
compare that to the potential upside that they start a new viable business. putting that few cents at stake of going to 0 is worth the risk.
alexchew ( Date: 28-Jan-2019 16:03) Posted:
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