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Hope will not issue rights no money to buy lah..
edwinjup ( Date: 03-Dec-2017 14:29) Posted:
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Will they cook after 4 dec?? If not...gone...if share swap..massive...if no...jialat..
guards80 ( Date: 23-Nov-2017 22:06) Posted:
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Time for a Monday rebound
0.06 is coming.
beforw the boat fly, you know what to do
0.06 is coming.
beforw the boat fly, you know what to do
This share value is at 035 only. There isn' t much prospective news to generate. Play cautiously.
Market Depth:
Market Depth:
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no more ppl buy... alamak
Berani ( Date: 24-Nov-2017 10:02) Posted:
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where is Hoe Leong gang ??
Berani ( Date: 24-Nov-2017 09:47) Posted:
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so quiet?
Quite scary, I remember Serrano also went up similarly from .002 to .08 cents in a few days and then suspend, ppl were warning but many entered positions and got stuck. Hope this counter does not go through same situation.
Observers ( Date: 22-Nov-2017 09:32) Posted:
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Hoe Leong Corporation plans to restructure debts into vessel loans, spare part loans
HEAVY equipment supplier Hoe Leong Corporation has unveiled more details on its plans to restructure nearly S$80 million in debts owed to creditors.
The mainboard-listed group told the Singapore Exchange on Thursday that it has proposed a scheme of arrangement to certain banks and its controlling shareholder, Hoe Leong Co.
Hoe Leong owes around S$63 million to the bank creditors, and S$14 million to Hoe Leong Co.
Under the scheme, Hoe Leong will restructure debts amounting to S$20.7 million into vessel loans and spare part loans to be repaid by the group, it said.
The remaining S$56.3 million in debts will be " extinguished" through the allotment, issuance and distribution of new ordinary shares. The issue price of these shares will be calculated by reference to the volume weighted average share price traded in the
immediate 22 trading days before the share distribution, per scheme share to the scheme creditors.
The loans amounting to S$14 million granted by Hoe Leong Co will similarly be converted into new shares.
The scheme is subject to a number of conditions being met, including the approval by a majority or three-fourths in value of each class of scheme creditors casting their votes, as well as a court sanction.
Hoe Leong added it has applied to the court to seek a moratorium on creditors taking action against the company or its relevant subsidiaries.
In an announcement last Friday, Hoe Leong said that it has despatched the scheme document to its creditors, who are to submit their vote on the scheme by Dec 4, 5pm.
Hoe Leong shares were down 4.2 per cent, or 0.2 Singapore cent, to 4.6 Singapore cents as at 3.30 pm on Thursday, after the announcement was made at noon. http://businesstimes.com.sg/companies-markets/hoe-leong-corporation-plans-to-restructure-debts-into-vessel-loans-spare-part
immediate 22 trading days before the share distribution, per scheme share to the scheme creditors.
The loans amounting to S$14 million granted by Hoe Leong Co will similarly be converted into new shares.
The scheme is subject to a number of conditions being met, including the approval by a majority or three-fourths in value of each class of scheme creditors casting their votes, as well as a court sanction.
Hoe Leong added it has applied to the court to seek a moratorium on creditors taking action against the company or its relevant subsidiaries.
In an announcement last Friday, Hoe Leong said that it has despatched the scheme document to its creditors, who are to submit their vote on the scheme by Dec 4, 5pm.
Hoe Leong shares were down 4.2 per cent, or 0.2 Singapore cent, to 4.6 Singapore cents as at 3.30 pm on Thursday, after the announcement was made at noon. http://businesstimes.com.sg/companies-markets/hoe-leong-corporation-plans-to-restructure-debts-into-vessel-loans-spare-part
EW uptrend formation.
EW 39-w1 46-w2 40-w3?51-w4?47-w5?54 abc w4.
Now on w3.
EW break if touch 39.
Ride the waves.
EW 39-w1 46-w2 40-w3?51-w4?47-w5?54 abc w4.
Now on w3.
EW break if touch 39.
Ride the waves.
SgYuan ( Date: 23-Nov-2017 15:50) Posted:
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Cook up for banker vote?? Trade with care after vote
shorted.
After a EW end.
It is hard to determine next EW up or down.
Now it looks like a up formation.
EW 39-w1 46-w2?
It is hard to determine next EW up or down.
Now it looks like a up formation.
EW 39-w1 46-w2?
golddigger95 ( Date: 23-Nov-2017 12:37) Posted:
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Today announcement in Sgx look like company doing a delay tactic one year the bank and debtors cannot make it chapter 11 lah..!
golddigger95 ( Date: 23-Nov-2017 12:37) Posted:
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Based on your previous posting it reached wave C and afterwards is up wave. So should rebound from here right?
Now is at abc cycle.
Wave c tgt is near w4, 44.
It is not w4.
Wave c pass 44, reach 40.
EW end.
Wait for new formation.
Wave c tgt is near w4, 44.
It is not w4.
Wave c pass 44, reach 40.
EW end.
Wait for new formation.
SgYuan ( Date: 22-Nov-2017 13:08) Posted:
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So now considered w4 reached?
One complete EW consists of 8 waves.
It can range from 3days to month.
Some EW has extended waves, it becomes 12, 16, 20 waves.
Small waves will combine to become bigger wave using day/week chart.
Hi-p wave goes for 9 months.
See my posting, u will know.
It can range from 3days to month.
Some EW has extended waves, it becomes 12, 16, 20 waves.
Small waves will combine to become bigger wave using day/week chart.
Hi-p wave goes for 9 months.
See my posting, u will know.
golddigger95 ( Date: 22-Nov-2017 23:12) Posted:
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Hmm generally quite a lot of counters rallied but stumbled this afternoon.
SgYuan ( Date: 22-Nov-2017 21:36) Posted:
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Usually each wave last for how Long?