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Latest Posts By iPunter - Supreme      About iPunter
First   < Newer   21-40 of 844   Older>   Last  

12-Jun-2010 09:06 Parkway   /   Parkway       Go to Message
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Well, the thrill lies in the betting...

And rewards will be great if the bet is correct...

And if it is not, then that's not a problem as long as one is ready to dump it away... Smiley
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12-Jun-2010 02:28 Parkway   /   Parkway       Go to Message
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And if they dun?
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11-Jun-2010 14:49 Parkway   /   Parkway       Go to Message
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BUY Parkway Holdings

Company Update One step closer to a bidding war

Price $3.77

Target $4.03

ST Index 2,745.8

What’s New

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Its board has also approved a debt mandate of up to US$1.3b, subject

to shareholders’ approval. With the potential financial supplements,

our scenario analysis shows that Fortis may be able to launch a

counter bid as high as S$5.05/share, assuming a partial offer of up to

51%.Fortis Healthcare plans to raise up to US$585m by issuing new shares.

Our View

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allowed to make a partial counter offer for Parkway, according to

Singapore’s Takeover Code. However, it may apply to the Securities

Industry Council for an exemption to the takeover rules.Having bought Parkway shares in the past six months, Fortis is not

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most plausible case in our scenario analysis is that it could offer up to

S$5.05/share in a counter offer for a 51% partial control.Assuming Fortis succeeds in its application for an exemption, the

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US$2.3b for the 74.7% of shares that it does not own (based on

S$3.78/share). Even with the financial supplements announced

yesterday, the group is still short of the amount required unless it

taps on the combined fortunes of the Singh brothers.In a general offer, however, Fortis will need to fork out at least

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we estimate that it can counter Khazanah Nasional with S$7.04/share

in a general offer or S$20.45/share in a 51% partial offer.In the extreme scenario where Fortis were to tap on personal wealth,

Action & Recommendation

In our view, the downside to share price is limited by Khazanah’s offer at

S$3.78/share, but the upside potential is unlimited due to the impending

bidding war between Khazanah and Fortis. Based in our SOTP valuations,

our target price is $4.03. Reiterate BUY.

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11-Jun-2010 04:57 Parkway   /   Parkway       Go to Message
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Fortis preparing for counter battle?
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09-Jun-2010 16:08 Parkway   /   Parkway       Go to Message
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amazing, 3.780.    hope can go up some more.  

niuyear      ( Date: 03-Jun-2010 09:43) Posted:

taking chances here, shall wait for it to go above 3.7.  since waited for mths.  no harm.  :) 

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03-Jun-2010 09:43 Parkway   /   Parkway       Go to Message
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taking chances here, shall wait for it to go above 3.7.  since waited for mths.  no harm.  :) 
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02-Jun-2010 16:49 Parkway   /   Parkway       Go to Message
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Agree. I sold mine too.
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01-Jun-2010 22:41 Parkway   /   Parkway       Go to Message
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FOLLOW THE INSIDERS..THEY KNOW WHAT THEY R DOING...

I'M OUT ALREADY...:)


 


Parkway directors pare stakes in open market


By ANGELA TAN

SINGAPORE - Two of Parkway Holdings' directors have pared their stakes in the healthcare group in the open market.


Robert Kwok, the director of Radiology Consultants Pte Ltd, an indirect subsidiary of Parkway, has sold 50,000 Parkway shares, representing a 0.004 per cent interest, at $3.71 (US$2.65) per share. After the sale, Dr Kwok is left with a 0.013 per cent interest, or 148,000 shares in Parkway.

According to Parkway's statement released to the Singapore Exchange, Foo Moh Lee, a director of a number of the group's subsidiaries including Parkway Healthcare (Mauritius) Ltd, also sold some shares in the open market.

Dr Foo sold 20,000 shares, representing a 0.002 per cent interest, at $3.78 a share. After the sale, Dr Foo now holds 138,290 shares, representing a 0.012 per cent stake, in Parkway.

One director, Ho Kian Guan, however, bought 30,000 Parkway shares at $3.70 each.

Mr Ho now holds 1.61 million shares, or a 0.142 per cent interest, in Parkway.

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31-May-2010 23:27 Parkway   /   Parkway       Go to Message
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Today Parkway did a huge gap up and opens at $3.62 from the previous price of $3.02 Thursday. However it did not managed to close near the high of $3.79 despite having such high trading volume of 11.1 million shares.

A white candle stick with long upper shadow indicated that investors are reluctant to continue buying up and choose to profit take as recommended by some intuitions.

RSI & MACD indicators are bullish as RSI pass through 60% and MACD performing a “golden cross”

Important Resistance of Parkway: $3.75

Immediate Support of Parkway: $3.62

We do not suggest to buy this stocks now but instead encourage profit taking once it drop below the support of $3.62 if vested.

 SEE CHARTS 

Just my 2 cents for reference
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31-May-2010 16:54 Parkway   /   Parkway       Go to Message
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Congratulations on the windfall!
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31-May-2010 16:32 Parkway   /   Parkway       Go to Message
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I am at 3.17 . Bought ever since your call . I 'tombang' my friends account  that time when i told him to  buy and i was not at my computer.   Hope he dont 'eat up' my 3 lots.    LOL!



ozone2002      ( Date: 31-May-2010 09:20) Posted:

M'sia boleh...ahaha

3.78..make $0.6 for nothing..



ozone2002      ( Date: 26-May-2010 09:03) Posted:

CHIONG AH!!!

3.17..

better than the fella who bot @ 3.55..hahaha



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31-May-2010 14:32 Parkway   /   Parkway       Go to Message
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Mars and Jupiter

minotaur      ( Date: 31-May-2010 13:45) Posted:

Will the takeover offer benefits Parkway life REIT too? Any pro out there pls advise...

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31-May-2010 13:45 Parkway   /   Parkway       Go to Message
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Will the takeover offer benefits Parkway life REIT too? Any pro out there pls advise...
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31-May-2010 10:51 Parkway   /   Parkway       Go to Message
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Whats the offical date for the takeover? Will fortis have the $$$ to counter bids?
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31-May-2010 09:35 Parkway   /   Parkway       Go to Message
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Parkway Holdings: Khazanah makes a partial offer.

shares in Parkway to increase its stake to 51.5%. At S$3.78/share, the offer is a 25.2% premium to the last traded price

on 26 May 26 of S$3.02/share. Fortis, a major shareholder with a 25.3% stake, would have to make a full general offer

to fend off Khazanah.
Khazanah has made a partial offer to acquire 313m(Source: The Business Times)

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31-May-2010 09:32 Parkway   /   Parkway       Go to Message
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I buy based on recommendation.  Luckily, I hold on and didn't cut loss.

SINGAPORE

13 May 2010Company Update Results MITA No. 010/06/2009

Maintain

BUY

Previous Rating: BUY

Current Price: S$3.35

Fair Value: S$3.71

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31-May-2010 09:20 Parkway   /   Parkway       Go to Message
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M'sia boleh...ahaha

3.78..make $0.6 for nothing..



ozone2002      ( Date: 26-May-2010 09:03) Posted:

CHIONG AH!!!

3.17..

better than the fella who bot @ 3.55..hahaha



ozone2002      ( Date: 25-May-2010 15:37) Posted:



vest 3.11...

better off than the fella who bought @ 3.55..hahha


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29-May-2010 12:04 Parkway   /   Parkway       Go to Message
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Dogs eat dogs...even if it is a group of singapore doctors, do you think they will give you discount ? As long as it is efficiently run and competitive, it can remain the race. If not, there will always be new players coming in ..
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29-May-2010 03:44 Parkway   /   Parkway       Go to Message
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Ordinary Singaporeans do not visit Parkway for medical treatment.  We should worry about the charges imposed by government hospitals and polyclinics.

Singapore ministers and President need high salaries to make a living; we shareholders too need profits to survive.  Over the decades, the Government's policies have caused our medical costs in public hospital to rise to an unbelievable level.  PRs and foreign employees do not pay substantially more than citizens.  Lets throw nationalism out of the window!

Sell our Parkway shares to the highest bidder!
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28-May-2010 22:35 Parkway   /   Parkway       Go to Message
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well, those who bought before the counter was halted on thursday must be elated to reap a windfall surely. for that, i am happy for them.

what if khazanah, a malaysian government sovereign fund succeeds in getting management control of parkway holding. What's the implication on long term healthcare costs for singaporeans when they need it badly especially when they are older and need to consume more healthcare services. Moreover, will our erthswhile neighbour under a different less friendly government use healthcare services to pressure singaporeans like they use water to  squeeze us in the past. I am really concern about the implications of khazanah getting majority control here.

In fact in malaysia, they do not allow foreigners to have majority control of their hospital groups there. IF i remembered correctly, a few years ago, Parkway had a majority stake in malaysia's Pantai Group of hospitals but had to transfer their big stake to Khazanah because of malyasian govt restriction on majority owning. I wonder why our singapore govt keep quiet here leh?

I really worry when we grow old, we all at mercy again of future malaysian govt. Die die more future quarrels with our neighbour if this deal go through.
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