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Ha ha, learning has no miles stone one.
As far as one lives, fr infant to snr citizen, like AK, ampteen new and interesting stuff to learn and ponder about. And subsequently, filter and archieve them, until d last 8 bits of data memory used up in both right and left brain.
Cheers.
maxcty ( Date: 14-Jul-2009 08:08) Posted:
Thanks AK..once again for sharing information with me..newbies really have alot things to learn.
cheers and hope u have a good trading day today.
STI cheong arhhhh
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Thanks AK..once again for sharing information with me..newbies really have alot things to learn.
cheers and hope u have a good trading day today.
STI cheong arhhhh
Ha ha, brother, u only worry if u hold Evergro share, esp u got it above 29cts. If u got it below 29 cts, then your call to forgo your existing holding to take in profit, esp u dun believe KepLand will cheong, in future, after the merger.
On the other hand, if u believe that KepLand will spear into the right track of biz, then opting the converting script is not a bad idea liao, esp u got d burger above 29 cts, couples of mth back.
Above, only AK veiw, no calling.
maxcty ( Date: 14-Jul-2009 00:58) Posted:
| so what should I do with currently shares of kepland I holding? sorry, do not understand much about exit offer... |
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so what should I do with currently shares of kepland I holding? sorry, do not understand much about exit offer...
News For Kepland Investor:
Keppel Land: Buy (DMG, 13 July)
Keppel Land announced the proposed delisting of Evergro Properties, its 85.4%-owned subsidiary. Under the delisting proposal, KepLand will make an exit offer for the 14.6% of Evergro's share capital which it does not own. KepLand’s exit offer consideration involves either (1) 0.1429 shares in Keppel Land or (2) S$0.29 (16.0% premium to last closing price of S$0.25) in cash for every unowned Evergro share. Management believes the move will help to combine both companies' extensive networks, operational expertise and industry knowledge, thus providing Keppel Land with a stronger platform to maximize the potential of their existing portfolio and collective strengths. Given that the counter is thinly traded (~ 50,000 – 80,000 shares traded per day on a three to six month basis) and its last closing price already represents its 52-wk high trading price, we implore Evergro shareholders to take up Keppel Land’s exit offer. We maintain our BUY rating for Keppel Land at S$2.98, at parity to its end-FY10 RNAV.
can still hold above $2 today...
thanks AK for sharing and enlighten me...
AK_Francis ( Date: 13-Jul-2009 10:08) Posted:
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The benefits:
'By combining the operational expertise, industry knowledge and extensive networks of both companies, Keppel Land will be in an even stronger position to capture opportunities and growth in China,' said Kevin Wong, group chief executive officer of Keppel Land.
'It provides us with a stronger platform to maximise the potential of our existing portfolio and collective strengths as we continue to grow Keppel Land as the choice developer of homes in China.'
D date of EOGM not fix yet, till share holders rcv d option's letter, in due course. As trading usual, entitlement would be given before XD of any offer. As for payment and other entitlement as endorsed, will be different.
A share of EP for 29 cts cash or 0.1429 share of KepLd ord share, your choice liao, if u dun take d abovementioned benefits in future.
maxcty ( Date: 13-Jul-2009 09:12) Posted:
can anyone please enlighten me about this 'EXIT OFFER'. what does this actually means to Keppeland?
as an investor, what benefits or disadvanage we have or facing?
thanks for sharing.
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guess its time to go in again soon....hopefuuly sti can go lower to -100points today...will be a good catch...
The benefits:
'By combining the operational expertise, industry knowledge and extensive networks of both companies, Keppel Land will be in an even stronger position to capture opportunities and growth in China,' said Kevin Wong, group chief executive officer of Keppel Land.
'It provides us with a stronger platform to maximise the potential of our existing portfolio and collective strengths as we continue to grow Keppel Land as the choice developer of homes in China.'
D date of EOGM not fix yet, till share holders rcv d option's letter, in due course. As trading usual, entitlement would be given before XD of any offer. As for payment and other entitlement as endorsed, will be different.
A share of EP for 29 cts cash or 0.1429 share of KepLd ord share, your choice liao, if u dun take d abovementioned benefits in future.
maxcty ( Date: 13-Jul-2009 09:12) Posted:
can anyone please enlighten me about this 'EXIT OFFER'. what does this actually means to Keppeland?
as an investor, what benefits or disadvanage we have or facing?
thanks for sharing.
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thats for evergro.. nt for kepland's shareholders
maxcty ( Date: 13-Jul-2009 09:12) Posted:
can anyone please enlighten me about this 'EXIT OFFER'. what does this actually means to Keppeland?
as an investor, what benefits or disadvanage we have or facing?
thanks for sharing.
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can anyone please enlighten me about this 'EXIT OFFER'. what does this actually means to Keppeland?
as an investor, what benefits or disadvanage we have or facing?
thanks for sharing.
will i be entitied the exit offer if i buy the shares after the announcements? can't seem to find any info except the following:
Exit Offer remaining open for at least:
(A) 21 days after the date of the despatch of the Exit Offer Letter if the Exit Offer Letter is despatched after Shareholders’ approval for the Delisting has been obtained; or
(B) 14 days after the date of the announcement of Shareholders’ approval of the Delisting if the Exit Offer Letter is despatched on the same date as the Circular.
Btw this week will be an interesting week with quite a number of news affecting the STI index to be released.
May have positive impact on Kepland too, if the news are positive one. Let monitor first. 
freeme ( Date: 12-Jul-2009 23:09) Posted:
Hi dealer, My view is similar with other birds in this kind of case. Plus a one more point to further support my view: 1st - TA: uses 50MA, last 2 days, kepland fail to hold above 50MA. Tracking the performance of other blue chip property counter, most of them fall below 50MA also. 50MA might become a temp. resistance px for these property counters together with weaker mkt sentiment, it will find it hard to cross back above in short term. And MACD nt yet in sight of turning. But I believe its correction will soon be over. Standby your ammo if you are interested in this counter.. ;)
dealer0168 ( Date: 12-Jul-2009 22:53) Posted:
| Hi freeme, btw i'm not sure if yr view is similar to those old birds form the forum. If not the same...... pls correct me. |
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usually share price of company that's making the acquisition falls, but market may take growth opportunities as positive in this case
jgeneie ( Date: 12-Jul-2009 22:35) Posted:
base on what that it will slide since this is good news. Should't it cheong?
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Hi dealer,
My view is similar with other birds in this kind of case. Plus a one more point to further support my view:
1st - TA: uses 50MA, last 2 days, kepland fail to hold above 50MA. Tracking the performance of other blue chip property counter, most of them fall below 50MA also. 50MA might become a temp. resistance px for these property counters together with weaker mkt sentiment, it will find it hard to cross back above in short term. And MACD nt yet in sight of turning.
But I believe its correction will soon be over. Standby your ammo if you are interested in this counter.. ;)
dealer0168 ( Date: 12-Jul-2009 22:53) Posted:
| Hi freeme, btw i'm not sure if yr view is similar to those old birds form the forum. If not the same...... pls correct me. |
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Hi freeme, btw i'm not sure if yr view is similar to those old birds form the forum. If not the same...... pls correct me.
BTW the symtoms they mentioned is fr when one company acquired the other company.
Actually I am a investor for Kepland also, i hope this news got instant positive impact on its stock value.
dealer0168 ( Date: 12-Jul-2009 22:45) Posted:
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Ooo, besides from freeme, i also heard from some old birds in the forum say such symtoms may occurred.
But may not happen also lah. Let see tomorrow how Kepland react.
jgeneie ( Date: 12-Jul-2009 22:35) Posted:
base on what that it will slide since this is good news. Should't it cheong?
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Ooo, besides from freeme, i also heard from some old birds in the forum say such symtoms may occurred.
But may not happen also lah. Let see tomorrow how Kepland react.
jgeneie ( Date: 12-Jul-2009 22:35) Posted:
base on what that it will slide since this is good news. Should't it cheong?
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base on what that it will slide since this is good news. Should't it cheong?
Emm i will say a slide in price b4 reverse. A further fall sound too expensive for acquiring of other company (which should be a positive news).
BTW my opinion on Kepland, is currently it is still under correction. Now let see what the impact of this news to the stock.
Let continue monitoring & see first.............
freeme ( Date: 12-Jul-2009 22:07) Posted:
i tink wont affect much. but kepland's share px seems likely to fall further b4 reverse..
Peg_li ( Date: 12-Jul-2009 21:17) Posted:
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How will it affect kepland shares prices?good or bad?
any advice? |
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