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81-100 of 100
Hehe, buy and keep under the bed.
leeeta ( Date: 04-Nov-2017 01:34) Posted:
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Buy and sleep soundly. Great stock. Price will move when accumulation is completed. Let market do its work.
TigTig ( Date: 04-Nov-2017 00:13) Posted:
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Presently, there seems to be some resistance in price movement for some reason or other. I noticed on 10 Oct 2016, after a presentation and Edge report, price shot to 36.5 cents on very high volume. Recently, on 19 Oct 2017, there was again a spike, touching 34 cents intra day. So one year, price has not moved, yet the news are different, seems to be better now that HNA has bought shares in Sapphire.
It' s puzzling, the share price movement. But I think this is a winner, and I agree that takeover is possibly on the cards in the future.
It' s puzzling, the share price movement. But I think this is a winner, and I agree that takeover is possibly on the cards in the future.
TigTig ( Date: 03-Nov-2017 23:03) Posted:
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Strange price action, and market depth shows a lot of sellers too. Where did these sellers come from?
Think next week will be higher. Hope drop a bit on Monday....
m waiting too....TP @ 0.5 is good
TP $0.50 for me.....this is a gem stock waiting to be gobble up by a larger corporation.
https://www.theedgesingapore.com/investing/sapphire-corp-track-win-more-rail-contracts-hna-backing
:)
:)
When? I think the potential is good for this co. Scully results not good, it' s also a good chance to buy. I think the long term is more impt.
Battle123 ( Date: 25-Oct-2017 22:54) Posted:
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Think have to wait for result see how lor
Very low trading volume, quiet now. Everyone chiong property.
TigTig ( Date: 23-Oct-2017 21:54) Posted:
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Quite impressed with the Chairman and CEO, so far have not come across such sharp wit.
I think have to wait a few more days
Contra selling and Short is
Contra selling and Short is
It is strange. But it is dropping.....
Thanks. I think it will do well too.
What would you want to ask? Sapphire has been doing well for the past 2 years thanks to their CEO restucturing efforts and RANKEN. They are reaching 100 million caps soon and my TP for Sapphire is $0.45 till end of 2018. Betting huge that Sapphire will be bough over and it seems HKIM might be the key figure.
jamesng ( Date: 23-Oct-2017 14:09) Posted:
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The article on Nextinsight seem interesting....Sapphire might be doing well soon....anyone had done research on it? Thanks
https://www.nextinsight.net/story-archive-mainmenu-60/939-2017/11819-sapphire-gets-new-substantial-shareholder
Any idea who is this HKICIM group and how will they be able to impact Sapphire' s business? How would Sapphire view this share swap?
SmallSmall ( Date: 19-Oct-2017 09:12) Posted:
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27% of the compant will change hands. New Substantial Shareholder is listed HKICIM part of the HNA Group.
Dawn of a new era for Sapphire !
The Board of Directors (the &ldquo Board&rdquo ) of Sapphire Corporation Limited (the &ldquo Company&rdquo ) wishes to announce that the Company&rsquo s substantial shareholders, Ou Rui Limited (&ldquo Ou Rui&rdquo ) and Best Feast Limited (&ldquo Best Feast&rdquo ), have entered into conditional sale and purchase agreements (&ldquo SPAs&rdquo ) with Hong Kong International Construction Investment Management Group Co., Limited (&ldquo HKICIM&rdquo ), a company listed on The Stock Exchange of Hong Kong Limited (Stock Code: 687) and Forestar Assets Limited, a wholly-owned subsidiary of HKICIM (as the &ldquo Purchaser&rdquo ). The Transactions Pursuant to the SPAs, Best Feast and Ou Rui have conditionally agreed to sell and HKICIM (through the Purchaser) has conditionally agreed to acquire 34,670,893 shares and 56,523,667 shares representing approximately 10.63% and 17.33% of the issued share capital of the Company as at the date of this announcement directly from the Best Feast and Ou Rui respectively via off-market transactions (the &ldquo Transactions&rdquo ). In consideration of the Transactions, HKICIM will issue and allot a maximum of 24,871,074 and 40,547,103 ordinary shares in the issued capital of HKICIM (the &ldquo Consideration Shares&rdquo ) to Best Feast and Ou Rui respectively at HK$4.08 each (the &ldquo Share Price of HKICIM for the Consideration Shares&rdquo ). Pursuant to the terms and conditions of the SPA, the number of Consideration Shares to be issued by HKICIM to Best Feast and Ou Rui for the Transactions are subject to adjustments (the &ldquo Adjustments&rdquo ) based on audited net profit for the Company and its subsidiaries (the &ldquo Group&rdquo ) for the 12-month period ending 30 June 2018 being not less than RMB64,750,000 (the &ldquo Financial Target for the Group&rdquo ). The Company has not conducted any independent review or verification of the assumptions, calculations or any information on the aforementioned Financial Target for the Group. The sale consideration payable to Best Feast and Ou Rui are HK$101,473,982 (approximately S$17,617,011) and HK$165,432,180 (approximately S$28,720,865) respectively if all the Consideration Shares are issued without adjustments (the &ldquo Sale Consideration&rdquo ). The Sale Consideration represents a share price of approximately S$0.51 per share (the &ldquo Share Price of the Company for the Transactions&rdquo ).
Dawn of a new era for Sapphire !
The Board of Directors (the &ldquo Board&rdquo ) of Sapphire Corporation Limited (the &ldquo Company&rdquo ) wishes to announce that the Company&rsquo s substantial shareholders, Ou Rui Limited (&ldquo Ou Rui&rdquo ) and Best Feast Limited (&ldquo Best Feast&rdquo ), have entered into conditional sale and purchase agreements (&ldquo SPAs&rdquo ) with Hong Kong International Construction Investment Management Group Co., Limited (&ldquo HKICIM&rdquo ), a company listed on The Stock Exchange of Hong Kong Limited (Stock Code: 687) and Forestar Assets Limited, a wholly-owned subsidiary of HKICIM (as the &ldquo Purchaser&rdquo ). The Transactions Pursuant to the SPAs, Best Feast and Ou Rui have conditionally agreed to sell and HKICIM (through the Purchaser) has conditionally agreed to acquire 34,670,893 shares and 56,523,667 shares representing approximately 10.63% and 17.33% of the issued share capital of the Company as at the date of this announcement directly from the Best Feast and Ou Rui respectively via off-market transactions (the &ldquo Transactions&rdquo ). In consideration of the Transactions, HKICIM will issue and allot a maximum of 24,871,074 and 40,547,103 ordinary shares in the issued capital of HKICIM (the &ldquo Consideration Shares&rdquo ) to Best Feast and Ou Rui respectively at HK$4.08 each (the &ldquo Share Price of HKICIM for the Consideration Shares&rdquo ). Pursuant to the terms and conditions of the SPA, the number of Consideration Shares to be issued by HKICIM to Best Feast and Ou Rui for the Transactions are subject to adjustments (the &ldquo Adjustments&rdquo ) based on audited net profit for the Company and its subsidiaries (the &ldquo Group&rdquo ) for the 12-month period ending 30 June 2018 being not less than RMB64,750,000 (the &ldquo Financial Target for the Group&rdquo ). The Company has not conducted any independent review or verification of the assumptions, calculations or any information on the aforementioned Financial Target for the Group. The sale consideration payable to Best Feast and Ou Rui are HK$101,473,982 (approximately S$17,617,011) and HK$165,432,180 (approximately S$28,720,865) respectively if all the Consideration Shares are issued without adjustments (the &ldquo Sale Consideration&rdquo ). The Sale Consideration represents a share price of approximately S$0.51 per share (the &ldquo Share Price of the Company for the Transactions&rdquo ).