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21-40 of 75
alot of rotation plays going on. counter not in play today and close at 9.5 cts
on volume of 21.6 million only. Once other counters quiet down, this one will
be 'in play' again.
josephyeo ( Date: 10-Sep-2013 11:32) Posted:
trading between 9.6 to 9.9 cts today
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trading between 9.6 to 9.9 cts today
I should go get that bank loan and buy over then? i could buy a landed proerty then...goodness... thank u penguinn...sounds interesting...i think they are going to move on to stg else.
penguinn ( Date: 09-Sep-2013 23:33) Posted:
Hi tea,
Not saying anything :p... Just something to think about. The proceed of the sale is larger than market capitalization even at 9.7 cents/share.
Hypothetically speaking, if I am super rich and I buy up the entire company at 9.7 cents/share ($64.8mil) , when I sell the distribution business i get back 10.5 cents/share (70mil) which is more than what I put in to buy the company which means I got the company free plus got paid 0.8 cents/share ($5.2mil) for my effort... make sense ??
Or I could get a bank loan of 64.8mil to buy the company and when I sell the distribution business for 70 mil, I use the proceed to pay back the bank and pocket the extra 5.2mil. And I now I have extra 5.2mil cash and a business to run... hmmm.. something smells too good here.. lol.
tea444u ( Date: 09-Sep-2013 23:12) Posted:
| hi penguinn...you are saying then the value of oakwell should be more than the closing today right? plus got special div coming |
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Hi tea,
Not saying anything :p... Just something to think about. The proceed of the sale is larger than market capitalization even at 9.7 cents/share.
Hypothetically speaking, if I am super rich and I buy up the entire company at 9.7 cents/share ($64.8mil) , when I sell the distribution business i get back 10.5 cents/share (70mil) which is more than what I put in to buy the company which means I got the company free plus got paid 0.8 cents/share ($5.2mil) for my effort... make sense ??
Or I could get a bank loan of 64.8mil to buy the company and when I sell the distribution business for 70 mil, I use the proceed to pay back the bank and pocket the extra 5.2mil. And I now I have extra 5.2mil cash and a business to run... hmmm.. something smells too good here.. lol.
tea444u ( Date: 09-Sep-2013 23:12) Posted:
hi penguinn...you are saying then the value of oakwell should be more than the closing today right? plus got special div coming?
penguinn ( Date: 09-Sep-2013 18:33) Posted:
What is the value of Oakwell ?
Price/share = (10.5 cents/share from selling subsidiary) + (value of remaining business= ??)
= 10.5 cents + ?? = > 10.5 cents
The question is how to value the remaining business, i.e. engineering and procurement for the Oil and Gas industry and shipbuilding.
So, is the closing price today (9.7 cents) cheap ? :roll: |
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hi penguinn...you are saying then the value of oakwell should be more than the closing today right? plus got special div coming?
penguinn ( Date: 09-Sep-2013 18:33) Posted:
What is the value of Oakwell ?
Price/share = (10.5 cents/share from selling subsidiary) + (value of remaining business= ??)
= 10.5 cents + ?? = > 10.5 cents
The question is how to value the remaining business, i.e. engineering and procurement for the Oil and Gas industry and shipbuilding.
So, is the closing price today (9.7 cents) cheap ? :roll: |
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they will gif dividends man...
penguinn ( Date: 09-Sep-2013 18:33) Posted:
What is the value of Oakwell ?
Price/share = (10.5 cents/share from selling subsidiary) + (value of remaining business= ??)
= 10.5 cents + ?? = > 10.5 cents
The question is how to value the remaining business, i.e. engineering and procurement for the Oil and Gas industry and shipbuilding.
So, is the closing price today (9.7 cents) cheap ? :roll: |
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What is the value of Oakwell ?
Price/share = (10.5 cents/share from selling subsidiary) + (value of remaining business= ??)
= 10.5 cents + ?? = > 10.5 cents
The question is how to value the remaining business, i.e. engineering and procurement for the Oil and Gas industry and shipbuilding.
So, is the closing price today (9.7 cents) cheap ? :roll:
back to 9.8 cts with 77.6 million shares traded.
josephyeo ( Date: 09-Sep-2013 10:36) Posted:
touched 10.3 cts this morning ...
tea444u ( Date: 07-Sep-2013 02:37) Posted:
| i think they are getting ard 7 cents right per share...which means they may gif dividends of ard 4cents perhaps which is quite heft for a 9/10 cents stock... plus they have some plan for some other biz which is another great thing to support stock price right |
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touched 10.3 cts this morning ...
tea444u ( Date: 07-Sep-2013 02:37) Posted:
i think they are getting ard 7 cents right per share...which means they may gif dividends of ard 4cents perhaps which is quite heft for a 9/10 cents stock... plus they have some plan for some other biz which is another great thing to support stock price right?
josephyeo ( Date: 30-Aug-2013 15:20) Posted:
Oakwell is selling it's subsudiary for $70 million.
This is equal to 10.5 cts per share based on Oakwell's 668.3 million shares.
Currently Oakwell is traded at 8 cts per share which is 2.5 cts lower than what it get from the sale of it's subsidiary.
Pls refer to their annoucement on the 21st aug 2013 in sgx.com.sg for details.
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i think they are getting ard 7 cents right per share...which means they may gif dividends of ard 4cents perhaps which is quite heft for a 9/10 cents stock... plus they have some plan for some other biz which is another great thing to support stock price right?
josephyeo ( Date: 30-Aug-2013 15:20) Posted:
Oakwell is selling it's subsudiary for $70 million.
This is equal to 10.5 cts per share based on Oakwell's 668.3 million shares.
Currently Oakwell is traded at 8 cts per share which is 2.5 cts lower than what it get from the sale of it's subsidiary.
Pls refer to their annoucement on the 21st aug 2013 in sgx.com.sg for details.
novice_trader ( Date: 30-Aug-2013 09:25) Posted:
| Something cooking inside???? |
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closed at 9.8 cts on volume of 105.7 million shares.
82 million shares were traded in the last hour (between 4.12 and 5.05pm).
firm at 9.5 cts as of 4.12 pm. 23 million shares traded.
josephyeo ( Date: 05-Sep-2013 00:25) Posted:
close at 9.0 cts on volume of 25.4 million shares.
josephyeo ( Date: 04-Sep-2013 13:12) Posted:
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close at 9.0 cts on volume of 25.4 million shares.
josephyeo ( Date: 04-Sep-2013 13:12) Posted:
now trading at 9.2 cts
josephyeo ( Date: 04-Sep-2013 08:43) Posted:
my guess is it is likely to move up above 9 cts before end oct or early nov, so long as
there is no hiccup on the completion of the sale of it's subsidiary. For your info in case
you miss it, the company is selling away it's subsidiary at for $70 million which work out
to be 10.5 cts per share. The deal is expected to be completed by end oct 2013.
Pls read their annoucement on 21st aug 2013 in www.sgx.com for details.
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now trading at 9.2 cts
josephyeo ( Date: 04-Sep-2013 08:43) Posted:
my guess is it is likely to move up above 9 cts before end oct or early nov, so long as
there is no hiccup on the completion of the sale of it's subsidiary. For your info in case
you miss it, the company is selling away it's subsidiary at for $70 million which work out
to be 10.5 cts per share. The deal is expected to be completed by end oct 2013.
Pls read their annoucement on 21st aug 2013 in www.sgx.com for details.
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my guess is it is likely to move up above 9 cts before end oct or early nov, so long as
there is no hiccup on the completion of the sale of it's subsidiary. For your info in case
you miss it, the company is selling away it's subsidiary at for $70 million which work out
to be 10.5 cts per share. The deal is expected to be completed by end oct 2013.
Pls read their annoucement on 21st aug 2013 in www.sgx.com for details.
U think possible for it to move up after going dn?
josephyeo ( Date: 03-Sep-2013 23:57) Posted:
Close at 9 cts today on a volume of 120 million shares.
Could be interesting if it drop some more. May pick some again n wait.
josephyeo ( Date: 03-Sep-2013 09:31) Posted:
Trading at 9.6 cts per share. 56 million shares traded as of 9.30am.
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Close at 9 cts today on a volume of 120 million shares.
Could be interesting if it drop some more. May pick some again n wait.
josephyeo ( Date: 03-Sep-2013 09:31) Posted:
Trading at 9.6 cts per share. 56 million shares traded as of 9.30am.
josephyeo ( Date: 02-Sep-2013 17:12) Posted:
Close at 9.8 cts on volume of 223 milion shares. Traded on a low of 8.0 cts and a high of 10.2 cts.
Now that it has run up so much, and is quite close to the cash they (Oakwell) are getting, the risk is
now higher. Do trade carefully.
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ppl doing by\uy test...1 lot 1 lot
drop to 9.4 cts with 104 million shares traded.
Trading at 9.6 cts per share. 56 million shares traded as of 9.30am.
josephyeo ( Date: 02-Sep-2013 17:12) Posted:
Close at 9.8 cts on volume of 223 milion shares. Traded on a low of 8.0 cts and a high of 10.2 cts.
Now that it has run up so much, and is quite close to the cash they (Oakwell) are getting, the risk is
now higher. Do trade carefully.
josephyeo ( Date: 02-Sep-2013 14:52) Posted:
top volume no 4, volume traded as of now (2.50pm) 175 million shares.
last traded 9.9cts ...
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