Post Reply
461-480 of 542
hope so!
johnnow123 ( Date: 20-Jun-2014 15:52) Posted:
Sam goi is one of the most successful investors in Singapore. He won' t take the placement for fun. Price should push nearer to nav at 0.30 (accounting for dilution already). And whatever they raised the money for, Sam goi thought it would help the company grow. Acquisition or expansion. Announcement should follow over weekend or soon.
|
|
If they use the available cash to buy some co (instead of organic growth) it could end up with an expensive buy at this juncture. Oso
this placement seems redundant (unless they are buying some co) + no synergies betwwen poh piah & liquor sellers vs plastic manufacturers at all.
I hv reduced position to play safe. DYODD
AddLuck ( Date: 20-Jun-2014 14:21) Posted:
Maybe GSH and the Brandy seller see good value of their placemnt px against NAV/NTA.
Jackpot2010 ( Date: 20-Jun-2014 13:39) Posted:
Why need placement cash of $25m now?
When cash bal is high now = $87m
Inventory + Receivable = $180m vs. Payables & Bank loan = $150m, nett = $30m +ve
Quite disappointed, announcement did not detail the use of this $25m
|
|
|
|
Looking at the MD should close at 181 - 183 today..
Sam goi is one of the most successful investors in Singapore. He won' t take the placement for fun. Price should push nearer to nav at 0.30 (accounting for dilution already). And whatever they raised the money for, Sam goi thought it would help the company grow. Acquisition or expansion. Announcement should follow over weekend or soon.
Maybe GSH and the Brandy seller see good value of their placemnt px against NAV/NTA.
Jackpot2010 ( Date: 20-Jun-2014 13:39) Posted:
Why need placement cash of $25m now?
When cash bal is high now = $87m
Inventory + Receivable = $180m vs. Payables & Bank loan = $150m, nett = $30m +ve
Quite disappointed, announcement did not detail the use of this $25m
|
|
Why need placement cash of $25m now?
When cash bal is high now = $87m
Inventory + Receivable = $180m vs. Payables & Bank loan = $150m, nett = $30m +ve
Quite disappointed, announcement did not detail the use of this $25m
Highly dilutive at 20% more shares n too cheap a price. Price may drop n consolidate for some time now till some BB decides to push.
Open high but price underpressure........ striking higher later???
I sold mine away first. I contra so i dunno when the price will go up. Sell first.
Unfortunately..what stocks he enters recently, price stalls for a long while- JB foods- i wonder if this will happen here too? the debt level is a worry for this small compay.
nqing87 ( Date: 20-Jun-2014 09:33) Posted:
ppl still like sam goi:)
nqing87 ( Date: 19-Jun-2014 23:13) Posted:
dilution which means share price theoretically should go down.. but hard to say one ' cos depends on few factors like who are the placees and purpose of proceeds.. if some big shot like tamesek are the investors, then likely lift sentiment up & move up.. instances where shares price goes up after placement like hacylon, counters that sam goi invested in and some others.. recent one like vallianz drop after placement, partly i think ' cos halt too long, contra players need to clear.. YZJ chairman ren also one of its investors, which maybe market dont like.. so if sunningdale halt too long, maybe also drop..
|
|
|
|
hope to see higher prices
woonie ( Date: 20-Jun-2014 10:33) Posted:
The company has restructured and turnaround. Added market liquidity and institutional support make it dynamic and flight ready. Everything seems pointing to a bull run.
WanSiTong ( Date: 20-Jun-2014 09:43) Posted:
Published June 20, 2014
Koh Boon Hwee ropes in Popiah King, Yarwood into Sunningdale
SUNNINGDALE Tech said its chairman, Koh Boon Hwee, has roped in two new investors - Yarwood Engineering & Trading and Singapore Popiah King, Sam Goi - to raise S$24.99 million in gross proceeds for the company.
The company said on Friday that it has placed 153.02 million new shares at S$0.1633 each to Yarwood and Mr Goi.
The share issue represents about 20 per cent. of its existing issued and paid-up share capital, and about 16.66 per cent. of the enlarged issued and paid-up share capital.
The two investors, who were approached separately by Mr Koh, will subscribe for 76.51 million shares each, representing 8.33 per cent of its enlarged share capital.
|
|
|
|
moving back to 18.7
blitz99 ( Date: 20-Jun-2014 10:25) Posted:
just now breakout above 18.7.
now pullback already
luckieball ( Date: 20-Jun-2014 09:59) Posted:
I' m may be wrong but retailers do love Koh BH & Sam Goi. Let the flushing be done and observe the price action after lunch. dyodd.
|
|
|
|
The company has restructured and turnaround. Added market liquidity and institutional support make it dynamic and flight ready. Everything seems pointing to a bull run.
WanSiTong ( Date: 20-Jun-2014 09:43) Posted:
Published June 20, 2014
Koh Boon Hwee ropes in Popiah King, Yarwood into Sunningdale
SUNNINGDALE Tech said its chairman, Koh Boon Hwee, has roped in two new investors - Yarwood Engineering & Trading and Singapore Popiah King, Sam Goi - to raise S$24.99 million in gross proceeds for the company.
The company said on Friday that it has placed 153.02 million new shares at S$0.1633 each to Yarwood and Mr Goi.
The share issue represents about 20 per cent. of its existing issued and paid-up share capital, and about 16.66 per cent. of the enlarged issued and paid-up share capital.
The two investors, who were approached separately by Mr Koh, will subscribe for 76.51 million shares each, representing 8.33 per cent of its enlarged share capital.
|
|
New placement shares priced at only 16.33cts only. Current share price at 18.4cts. That means overvalued???
just now breakout above 18.7.
now pullback already
luckieball ( Date: 20-Jun-2014 09:59) Posted:
I' m may be wrong but retailers do love Koh BH & Sam Goi. Let the flushing be done and observe the price action after lunch. dyodd.
|
|
I' m may be wrong but retailers do love Koh BH & Sam Goi. Let the flushing be done and observe the price action after lunch. dyodd.
Buy on rumour Sell on News. WIll this happen today???
Published June 20, 2014
Koh Boon Hwee ropes in Popiah King, Yarwood into Sunningdale
SUNNINGDALE Tech said its chairman, Koh Boon Hwee, has roped in two new investors - Yarwood Engineering & Trading and Singapore Popiah King, Sam Goi - to raise S$24.99 million in gross proceeds for the company.
The company said on Friday that it has placed 153.02 million new shares at S$0.1633 each to Yarwood and Mr Goi.
The share issue represents about 20 per cent. of its existing issued and paid-up share capital, and about 16.66 per cent. of the enlarged issued and paid-up share capital.
The two investors, who were approached separately by Mr Koh, will subscribe for 76.51 million shares each, representing 8.33 per cent of its enlarged share capital.
ppl still like sam goi:)
nqing87 ( Date: 19-Jun-2014 23:13) Posted:
dilution which means share price theoretically should go down.. but hard to say one ' cos depends on few factors like who are the placees and purpose of proceeds.. if some big shot like tamesek are the investors, then likely lift sentiment up & move up.. instances where shares price goes up after placement like hacylon, counters that sam goi invested in and some others.. recent one like vallianz drop after placement, partly i think ' cos halt too long, contra players need to clear.. YZJ chairman ren also one of its investors, which maybe market dont like.. so if sunningdale halt too long, maybe also drop..
crotciv ( Date: 19-Jun-2014 17:59) Posted:
|
|
|
my broker say its actually a ositive news considering what sam goi buys always rise.
