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Godwinlow
    16-May-2021 21:02  
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The turning point came when the  Tans put in a bid for Straits Trading Company (STC) under Tecity  in January 2008, prompting a counter-bid from Lee&rsquo s investment holding firm, Lee Latex. 

At the time, the Lees owned 7 per cent of STC and controlled 33 per cent through OCBC and Great Eastern. The Lees counterbid twice before Tecity issued its final price in March 2008, valuing STC at about US$1.7 billion.
 
 
Godwinlow
    16-May-2021 18:27  
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And why only DBS giving their rating on straits trading. What is UOB and OCBC doing? 
 
 
Godwinlow
    16-May-2021 17:35  
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Somemore it doesn' t make sense current valuation is worth 1.04 billion. Given its ARA stake is worth that much or more 

SlothSG      ( Date: 16-May-2021 12:54) Posted:

noted .... we shall see if it materializes

thinking of adding up given the GSS pricing recently

long term hold   ..... personally believes it will eventually become a blue chip 

dyodd....smiley





 

Godwinlow      ( Date: 16-May-2021 12:43) Posted:

Cause Ck assets is an investors of Ara Assets management also. I belive they wont want to announce IPO when the Li Ka Shing wants to up its stake in Ck Assets. Probably out of respect for him. i brought 1000shares. I think this is my max i would like to buy. Now holding 34 400 shares at an average price of $2.66


 

 
Godwinlow
    16-May-2021 17:33  
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I really believe ARA will IPO this year and it' s soon. Given inflation keeps going up which is good for them. If they wait next year, interest rate most likely will hike then the opportunity for them slips away. This year IPO will be the best timing for them. High inflation, Low interest rate 

SlothSG      ( Date: 16-May-2021 12:54) Posted:

noted .... we shall see if it materializes

thinking of adding up given the GSS pricing recently

long term hold   ..... personally believes it will eventually become a blue chip 

dyodd....smiley





 

Godwinlow      ( Date: 16-May-2021 12:43) Posted:

Cause Ck assets is an investors of Ara Assets management also. I belive they wont want to announce IPO when the Li Ka Shing wants to up its stake in Ck Assets. Probably out of respect for him. i brought 1000shares. I think this is my max i would like to buy. Now holding 34 400 shares at an average price of $2.66


 
 
SlothSG
    16-May-2021 12:54  
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noted .... we shall see if it materializes

thinking of adding up given the GSS pricing recently

long term hold   ..... personally believes it will eventually become a blue chip 

dyodd....smiley





 

Godwinlow      ( Date: 16-May-2021 12:43) Posted:

Cause Ck assets is an investors of Ara Assets management also. I belive they wont want to announce IPO when the Li Ka Shing wants to up its stake in Ck Assets. Probably out of respect for him. i brought 1000shares. I think this is my max i would like to buy. Now holding 34 400 shares at an average price of $2.661

SlothSG      ( Date: 14-May-2021 22:45) Posted:

hopefully soonest .... why after CK assets completed buy back? did you buy more


 
 
Godwinlow
    16-May-2021 12:48  
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At $2.661 per share. Straits Trading is valued at $1.08 Billion. I believe its still at a cheap price. I am comfortable of holding even though it drop due to the governement annoucement of CB

Godwinlow      ( Date: 16-May-2021 12:43) Posted:

Cause Ck assets is an investors of Ara Assets management also. I belive they wont want to announce IPO when the Li Ka Shing wants to up its stake in Ck Assets. Probably out of respect for him. i brought 1000shares. I think this is my max i would like to buy. Now holding 34 400 shares at an average price of $2.661

SlothSG      ( Date: 14-May-2021 22:45) Posted:

hopefully soonest .... why after CK assets completed buy back? did you buy more


 

 
Godwinlow
    16-May-2021 12:43  
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Cause Ck assets is an investors of Ara Assets management also. I belive they wont want to announce IPO when the Li Ka Shing wants to up its stake in Ck Assets. Probably out of respect for him. i brought 1000shares. I think this is my max i would like to buy. Now holding 34 400 shares at an average price of $2.661

SlothSG      ( Date: 14-May-2021 22:45) Posted:

hopefully soonest .... why after CK assets completed buy back? did you buy more?

Godwinlow      ( Date: 14-May-2021 22:35) Posted:

Hopefully is in june. After CK assets completed buy back of shares. 


 
 
SlothSG
    16-May-2021 12:43  
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Looking interesting ..... May consider buy up 😜
 
 
SlothSG
    14-May-2021 22:45  
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hopefully soonest .... why after CK assets completed buy back? did you buy more?

Godwinlow      ( Date: 14-May-2021 22:35) Posted:

Hopefully is in june. After CK assets completed buy back of shares. 

 
 
Godwinlow
    14-May-2021 22:35  
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Hopefully is in june. After CK assets completed buy back of shares. 
 

 
Godwinlow
    14-May-2021 22:28  
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From my point of view, i think they will list at hong kong first.

SlothSG      ( Date: 12-May-2021 23:30) Posted:

impressive .....

still holding to to my stake .....

may take a bite on the ARA listing if listed in SG

 

 
 
SlothSG
    12-May-2021 23:30  
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impressive .....

still holding to to my stake .....

may take a bite on the ARA listing if listed in SG

 
 
 
Godwinlow
    12-May-2021 21:20  
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I brought 33 400 shares today at 2.66 SGD. Hope ARA IPO this coming months!!
 
 
SlothSG
    08-May-2021 07:26  
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positive contribution from MSC earning

anyone knows when the ARA listings will take place? 

 
 
 
Boatman
    16-Apr-2021 16:52  
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yeah
 

 
Boatman
    16-Apr-2021 14:26  
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great!
 
 
kelvin.cylee01
    16-Apr-2021 14:05  
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company buyback share news. Check it out.
yahoo..
 
 
Boatman
    16-Apr-2021 11:47  
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up
 
 
MBULLISH
    13-Apr-2021 08:59  
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This will climb to $3.50 probably around June
After the price of MSC is factored in.
Good to accumulate
 
 
SlothSG
    10-Apr-2021 17:52  
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count down to my annual dividend entitlements on 21 Apr 2021  yes
 
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