SPH   

Wisdom in SPH restructuring

i own only 3,000 shares of SPH. I would like to hear fr u Sirs if there is no better than by 16 Nov, i plan to sell all of my sph after 22 nov as 22 is SPH xd. I m not interested to get odd lots of sph reit n keppel reits. Moreover,if i sell in the open market, i can get over 6 K cold hardcash. Kc offer is just 2.6K. Sirs, m i correct? kindly advise. Thanks.

 

So the truth is out, you owned 5000 shares of SPH?  Why then you go to Kep Infra, Singtel, Sembcorp, oceanus and other forum and stir shit? You not scared short sellers like yourself go short sell SPH shares??

Sorry investors of SPH, this id " investshare" had been stirring shit in other forums while not owning any shares of from those forums and likely " it" is a short seller and wanna create fear in those shares so " it" could benefit from it.  I only have issue with this " investshare" and have no issue with all the investors of SPH.

investshare      ( Date: 12-Nov-2021 14:29) Posted: I am ok with reit but not 2 odd lots especially when I only 5000 shares Sph .. I likely to sell in market if no all-cash offer. jlong0005      ( Date: 12-Nov-2021 13:39) Posted: Likewise, I don' t like the reits. Wii hold on till the last day of the offer. Maybe, can get a few more cts if both reits are up. Take the 3 cts dividend first. Judging Kepcorp price drop, very likely a new offer coming

 

I am ok with reit but not 2 odd lots especially when I only 5000 shares Sph .. I likely to sell in market if no all-cash offer.

jlong0005      ( Date: 12-Nov-2021 13:39) Posted: Likewise, I don' t like the reits. Wii hold on till the last day of the offer. Maybe, can get a few more cts if both reits are up. Take the 3 cts dividend first. Judging Kepcorp price drop, very likely a new offer coming. tonylim      ( Date: 12-Nov-2021 13:24) Posted: Hope there will be all cash offer. I don?t want to end up with odd lots which are difficult to trade

 

Getting more interesting

 

If the prices of the Keppel and Temasek offers are too close - could lead to both being tabled and a split vote
Result in a failed buyout. Hence I think TH will now be aggressive or decisive. If TH walks away / the deal may still fail due to Keppel and Sph shareholders both being
unhappy for different reasons.

 

Likewise, I don' t like the reits. Wii hold on till the last day of the offer. Maybe, can get a few more cts if both reits are up. Take the 3 cts dividend first.
Judging Kepcorp price drop, very likely a new offer coming.

tonylim      ( Date: 12-Nov-2021 13:24) Posted: Hope there will be all cash offer. I don?t want to end up with odd lots which are difficult to trade tonylim      ( Date: 12-Nov-2021 13:19) Posted: Only consider cash offer. Otherwise those shares offer will result in odd lots which are not tradable resulting in losses.

 

Hope there will be all cash offer. I don?t want to end up with odd lots which are difficult to trade

tonylim      ( Date: 12-Nov-2021 13:19) Posted: Only consider cash offer. Otherwise those shares offer will result in odd lots which are not tradable resulting in losses. jlong0005      ( Date: 12-Nov-2021 13:12) Posted: 16/1

 

Only consider cash offer. Otherwise those shares offer will result in odd lots which are not tradable resulting in losses.

jlong0005      ( Date: 12-Nov-2021 13:12) Posted: 16/11 investshare      ( Date: 12-Nov-2021 12:58) Posted: Anyone know when is the last date others can put in rival bid?

 

16/11

investshare      ( Date: 12-Nov-2021 12:58) Posted: Anyone know when is the last date others can put in rival bid?

 

Anyone know when is the last date others can put in rival bid?

 

Upside:
1. Higher bid
2. Sphreit and Keppel reit higher price

Downside:
1. Sphreit and Keppel reit lower price

What do you think?

 

Wow I bought at $1.28!
Too bad only 5,000 shares.
Think about it, so close yet so far.

 

trading halt for sph and keppel n related reits.

 

Nice but I would still vote NO. If they saw the value, why did they give such a Low ball offer in the first place.

spursfan      ( Date: 10-Nov-2021 01:56) Posted: Media Release - Keppel improves Scheme Consideration for SPH by increasing cash component from S$0.668 to S$0.868 per share, representing a total Revised Scheme Consideration of S$2.351per share..https://links.sgx.com/1.0.0/corporate-announcements/MW4R72DF7FX5S8TP/690038_Revised%20Privatisation%20Proposal%20for%20SPH%20by%20Keppel%20-%20Media%20Release.pdf

 

Media Release - Keppel improves Scheme Consideration for SPH by increasing cash component from S$0.668 to S$0.868 per share, representing a total Revised Scheme Consideration of S$2.351per share..https://links.sgx.com/1.0.0/corporate-announcements/MW4R72DF7FX5S8TP/690038_Revised%20Privatisation%20Proposal%20for%20SPH%20by%20Keppel%20-%20Media%20Release.pdf

 

So if both are on the table, both will fail. The vote will be split.

investshare      ( Date: 09-Nov-2021 07:11) Posted: I would prefer a all-cash offer. One share already troublesome, this one come with two some more. n3wbie      ( Date: 08-Nov-2021 23:23) Posted: If you recall, KREIT and SPH REIT prices tanked following the announcement of the scheme by Keppel, presumably from the overhang with the expected increase in free float. Upon the new all-cash offer by Cuscaden Peak, both KREIT and SPH REIT probably saw short-covering and prices rallied. If the company chooses Keppel' s offer for whatever reason, then wouldn' t KREIT and SPH REIT collapse again? Perhaps we might find ourselves debating whether we are better or worse off with either proposal. Best case for shareholders is another higher offer then win-win for all

 

I would prefer a all-cash offer.
One share already troublesome, this one come with two some more.

n3wbie      ( Date: 08-Nov-2021 23:23) Posted: If you recall, KREIT and SPH REIT prices tanked following the announcement of the scheme by Keppel, presumably from the overhang with the expected increase in free float. Upon the new all-cash offer by Cuscaden Peak, both KREIT and SPH REIT probably saw short-covering and prices rallied. If the company chooses Keppel' s offer for whatever reason, then wouldn' t KREIT and SPH REIT collapse again? Perhaps we might find ourselves debating whether we are better or worse off with either proposal. Best case for shareholders is another higher offer then win-win for all. FATABA      ( Date: 08-Nov-2021 10:35) Posted: Yes, you are correct, if Kep Corp just push up say Kep Reit or SPH reit prices .....the offer will auto goes up ( say 2.15)  In this case, it will be much higher then cash offer of 2.10 ....Kep dont even need to counter another offer  Dyod

 

If you recall, KREIT and SPH REIT prices tanked following the announcement of the scheme by Keppel, presumably from the overhang with the expected increase in free float. Upon the new all-cash offer by Cuscaden Peak, both KREIT and SPH REIT probably saw short-covering and prices rallied. If the company chooses Keppel' s offer for whatever reason, then wouldn' t KREIT and SPH REIT collapse again? Perhaps we might find ourselves debating whether we are better or worse off with either proposal. Best case for shareholders is another higher offer then win-win for all.

FATABA      ( Date: 08-Nov-2021 10:35) Posted: Yes, you are correct, if Kep Corp just push up say Kep Reit or SPH reit prices .....the offer will auto goes up ( say 2.15)  In this case, it will be much higher then cash offer of 2.10 ....Kep dont even need to counter another offer  Dyodd investshare      ( Date: 05-Nov-2021 11:48) Posted: If reit is higher price now, isn?t Keppel offer automatically higher since a portion of offer is in the reit share?

 

Super Low ball offer from Kep, think they will have to revise their offer price.
SPH now trading at 2.17-2.18 

investshare      ( Date: 08-Nov-2021 13:29) Posted: Seem like there is chance to hit 2.30 Shareking11      ( Date: 02-Nov-2021 10:15) Posted: LOL...SPH is worth at least 2.30 to 2.70 per share based on latest NAV, and the BOD has an obilgation to ensure that it acts in the benefit of its shareholders. They cannot let KEP get away with such a low offer.  Note that it has been 3 months since KEP made the first bid and SPH Reit' s value has increased significantly. Also SPH Reit Manager is not valued in the original offer which is worth at least 15 to 20 cents more. The way they have calculated NAV is misleading....

 

Seem like there is chance to hit 2.30

Shareking11      ( Date: 02-Nov-2021 10:15) Posted: LOL...SPH is worth at least 2.30 to 2.70 per share based on latest NAV, and the BOD has an obilgation to ensure that it acts in the benefit of its shareholders. They cannot let KEP get away with such a low offer.  Note that it has been 3 months since KEP made the first bid and SPH Reit' s value has increased significantly. Also SPH Reit Manager is not valued in the original offer which is worth at least 15 to 20 cents more. The way they have calculated NAV is misleading....