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Guys:)
Good luck:)
calvin123 ( Date: 13-Oct-2013 12:15) Posted:
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Missed ur call at 0.125
i heard this counter before and did survey before but cox of its vol low...i did not enter
but no doubt,after reading its company report was very interesting.
will try to enter on monday at 0.140 if can.
ckmoney ( Date: 08-Oct-2013 13:34) Posted:
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COMING WEEKS BELONG TO MEDI-FLEX
Closing at 0.130
For secure u can buy below 0.150 and wait for further announcement
But for sure it will grab by others easily with tht price
For secure u can buy below 0.150 and wait for further announcement
But for sure it will grab by others easily with tht price
commando ( Date: 13-Oct-2013 07:51) Posted:
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Privatize at 15 cents....Game over?
Guys buy before too late ya
I will load some agn:)
I will load some agn:)
Hope you get it:)
tea444u ( Date: 11-Oct-2013 23:22) Posted:
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ic..if monday still ard 13 cents plus i will load ....
ckmoney ( Date: 11-Oct-2013 21:37) Posted:
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They will announce further news.
if u read MEDI-FLEX recently q report u will find out they are doin better and much better and offer dividend but price not moving .
and today of it full year report is awesome.
They hope to privatise it.
tea444u ( Date: 11-Oct-2013 21:30) Posted:
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what is the fair value you think for this medi flex? i neber follwo this coy.i shall check sgx now. Interesting.So if the ten percent don want the offer px, then they cannot take over right?
ckmoney ( Date: 11-Oct-2013 21:26) Posted:
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If you read the full announcement and FY$ report and you will find out this counter with offer 0.150 SGD IS not a fair price and it current closing price were 0.130
And Offeror must get at least 90% or more of the total Shares to agree.
the game should be over now right as the offer is already made? price still can cheong?
ckmoney ( Date: 11-Oct-2013 20:07) Posted:
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hi ckmoney...good call!
ckmoney ( Date: 08-Oct-2013 10:23) Posted:
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Game just started:)
Hope you guys reward^^
Singapore, Friday, 11 October 2013 ? Medi-Flex Ltd (?Medi-Flex? or ?The Company?) announced today its results for the financial year ended 31 August 2013 (?FY2013?), which saw its revenue increase 19% to RM200.8 million from RM169.3 million in the last financial year, and net profit surge 133% to RM24.7 million, compared to RM10.6 million a year ago.
Medi-Flex Limited (the ?Company?) and Top Glove Sdn. Bhd. (the ?Offeror?) wish to
jointly announce that the Offeror has presented to the directors of the Company (the
?Directors?) a formal proposal (the ?Delisting Proposal?) to seek the voluntary
delisting of the Company (the ?Delisting?) from the Catalist of the Singapore
Exchange Securities Trading Limited (the ?SGX-ST?) pursuant to Rules 1307 and
1308 of the SGX-ST Listing Manual Section B: Rules of Catalist (the ?Catalist
Rules?).
1.2 In connection with the Delisting Proposal, Oversea-Chinese Banking Corporation
Limited (?OCBC?), as the Financial Adviser to the Offeror, will make for and on behalf
of the Offeror, a cash offer (the ?Exit Offer?) to purchase all the issued ordinary
shares (excluding treasury shares) in the capital of the Company (?Shares?), other
than those Shares already held by the Offeror, its related corporations or their
respective nominees (the ?Offer Shares?), on the terms and subject to the conditions
set out in this Joint Announcement and the Exit Offer Letter (as defined in paragraph
5.5 below), in accordance with Section 139 of the Securities and Futures Act (Cap.
289) and the Singapore Code on Take-overs and Mergers (the ?Code?).
1.3 The Delisting and the Exit Offer will be conditional on the Delisting Condition (as
defined in paragraph 4.2 below) being satisfied.
1.4 The Directors have reviewed the Delisting Proposal and have resolved to (i) apply to
the SGX-ST for the Delisting and (ii) convene an extraordinary general meeting of
the Company (?EGM?) to seek the approval of the shareholders of the Company (the
?Shareholders?) for the Delisting (the ?Delisting Resolution?), pursuant to Rule
1307 of the Catalist Rules.
The offer price for each Offer Share is S$0.15 in cash (the ?Exit Offer Price?)
If the Offeror acquires such number of Shares which, together with Shares held by it,
its related corporations and their respective nominees, comprise 90% or more of the
total Shares, Shareholders who have not accepted the Exit Offer have a right to
require the Offeror to acquire their Shares at the Exit Offer Price in accordance with
Section 215(3) of the Companies Act. Shareholders who have not accepted the
Exit Offer and who wish to exercise such right are advised to seek their own
independent advice.
http://infopub.sgx.com/FileOpen/Joint_Announcement_Proposed_Voluntary_Delisting_of_Medi-Flex_Limited.ashx?App=Announcement& FileID=259534
http://infopub.sgx.com/FileOpen/Mediflex_4Q2013_financialresult.ashx?App=Announcement& FileID=259528
can have a look from here ya:)
i share with u guys on tuesday but no one reply:(
This counter is goin to fly better then innopac!
a good full year result is out as well
http://sgx.i3investor.com/servlets/anpth/128003.jsp
Ann3332 ( Date: 11-Oct-2013 18:49) Posted:
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seems like you already know goods news is coming on Friday, it is good news for those still vested
http://sgx.i3investor.com/servlets/anpth/127997.jsp
ckmoney ( Date: 11-Oct-2013 16:34) Posted:
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