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fooodball
    08-Jul-2013 20:23  
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how good is it gonna be
 
 
brillent88
    08-Jul-2013 14:33  
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Yap....Buy Transcu!

UPRR18      ( Date: 08-Jul-2013 08:08) Posted:

i was told today got announcement. hope it is something good ...

 
 
UPRR18
    08-Jul-2013 08:08  
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i was told today got announcement. hope it is something good ...
 

 
UPRR18
    07-Jul-2013 14:27  
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according to the article, the money (lifeline) should be in tomorrow latest. my invest paiseh i'm ikan belis fraction of 1%. Anyway just park there. Now monitor oyher counter, how you find cse one veteran said got potential ?

 

 
 
tenacious
    07-Jul-2013 12:02  
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Of course the AGT is not dumb, they are well advised  to invest US$3,500,000. Mine is  not even 1% of it, how about you UPRR18 ??? If the AGT invest such amount, the board will present their account, order book and whatever .... Mr Lawrence would also have tea with them. For us just ride on the coattail of the AGT cannot be that wrong, I guess. Question is when ??? Cheers

tenacious      ( Date: 06-Jul-2013 22:14) Posted:



UPRR18, you are absolutely right. None of our investment can beat what AGT has just invested US $3,500,000   in Transcu. So if we are dumb, can I say the AGT is dumber. Of course, they are well advised. Stay invested

SUBSCRIPTION OF BONDS BY AGT As mentioned in the 5 October 2012 announcement, the Company had set aside a portion of the proceeds from the Bonds Issue to assist TL in its rental repayments. As of the date of this announcement, AGT has informed the Company that it intends to subscribe for tranches of Bond Issue amounting to US$3,500,000 and the Company should expect to receive the proceeds within the next seven (7) days. The Company anticipates that part of the proceeds received from the Bond Issue to be sufficient to settle the Judgment Debt before the Agreed Standstill Deadline. Shareholders are advised to exercise caution in trading their Shares. The Company will make the necessary announcements when there are further developments. Shareholders are advised to read this announcement and any further announcements by the Company carefully. Shareholders should consult their stock brokers, bank managers, solicitors or other professional advisers if they have any doubt about the actions they should take.

By Order of the Board Transcu Group Limited

Lawrence Komo

Chief Executive Officer

2 July 2013

 
 
tenacious
    06-Jul-2013 22:14  
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UPRR18, you are absolutely right. None of our investment can beat what AGT has just invested US $3,500,000   in Transcu. So if we are dumb, can I say the AGT is dumber. Of course, they are well advised. Stay invested

SUBSCRIPTION OF BONDS BY AGT As mentioned in the 5 October 2012 announcement, the Company had set aside a portion of the proceeds from the Bonds Issue to assist TL in its rental repayments. As of the date of this announcement, AGT has informed the Company that it intends to subscribe for tranches of Bond Issue amounting to US$3,500,000 and the Company should expect to receive the proceeds within the next seven (7) days. The Company anticipates that part of the proceeds received from the Bond Issue to be sufficient to settle the Judgment Debt before the Agreed Standstill Deadline. Shareholders are advised to exercise caution in trading their Shares. The Company will make the necessary announcements when there are further developments. Shareholders are advised to read this announcement and any further announcements by the Company carefully. Shareholders should consult their stock brokers, bank managers, solicitors or other professional advisers if they have any doubt about the actions they should take.

By Order of the Board Transcu Group Limited

Lawrence Komo

Chief Executive Officer

2 July 2013
 

 
UPRR18
    06-Jul-2013 14:43  
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sorry post wrongly. pai seh
 
 
UPRR18
    06-Jul-2013 14:42  
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no wonder the price drop ... " fitch revises cf's outlook to negative"
 
 
UPRR18
    06-Jul-2013 14:21  
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my friens attended the egm said that they will update their website and publish info about the bme machine. i thought the initial order is 27 units. when the production is up and running. ho say huat ah  Smiley

rabbitfoot      ( Date: 05-Jul-2013 20:07) Posted:

C'mon transcu. Plse provide us clarity on your machine production !

 
 
rabbitfoot
    05-Jul-2013 20:07  
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C'mon transcu. Plse provide us clarity on your machine production !
 

 
UPRR18
    05-Jul-2013 18:45  
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not very cute, maybe a little bit. i think quite long den vested a little bit. with the bme machines got chance la bro. we also sometimes like that keep something at the right time den reveal. hopefully we can hear more good news .... cheers
 
 
brillent88
    05-Jul-2013 16:26  
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So cute....

UPRR18      ( Date: 05-Jul-2013 08:39) Posted:

ya lor nothing to be dismayed, no feeling wan lah ... only hope to make $$$. i bought sedikit, very little ...   budget. hope can get some returns. i think those big players bought a lot .. bee tang. huat ah  Smiley

 
 
UPRR18
    05-Jul-2013 08:39  
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ya lor nothing to be dismayed, no feeling wan lah ... only hope to make $$$. i bought sedikit, very little ...   budget. hope can get some returns. i think those big players bought a lot .. bee tang. huat ah  Smiley
 
 
tenacious
    05-Jul-2013 08:26  
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Brillent88, frankly nothing to be dismayed but something to look forward to ...   afterall a penny stock. The good news is there is a tremendous huge business awaiting the BB. Let the production quickly get ready and churn out ......



oldflyingfox      ( Date: 02-Jul-2013 09:15) Posted:

It is good that AGT has agreed to subscribe the bond within 7 days which will inject enough cash to repay the outstanding debt with SLD.

 
 
brillent88
    03-Jul-2013 10:08  
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I, however quite dismayed over the announcement of " Subscription of Bonds By AGT" .

Firstly, in order to ensure a transparent and strong governance of the company, Transcu has to update its shareholders timeliness of the material impacts & developments of the company etc. Evidently, Transcu has failed to do so. Likes most of the companies do, when they first served a Summon petition of a court case, the company has to immediately update its shareholders of its development.

Secondly, referring to the announcement " Subscription of Bond by ACT" , what does it tell the shareholders? Bond Subscription only??? Are the shareholders suppose to read the " fine line" in order to understand it's relating to a legal battling???

Thirdly, are the shareholders being informed what is all about Both " judgement Debt" & " Agreed standstill deadline" ??? There is no such earlier material announcement elaborating on its progress till then ???

Thank you

 

 
UPRR18
    02-Jul-2013 23:00  
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the lifeline should be in by the 9 july or maybe sooner. i'm sure the agt is not stupid to put money in during this time unless he is convinced that the bb is turning around.

SUBSCRIPTION OF BONDS BY AGT

As mentioned in the 5 October 2012 announcement, the Company had set aside a portion of the proceeds from the Bonds Issue to assist TL in its rental repayments. As of the date of this announcement, AGT has informed the Company that it intends to subscribe for tranches of Bond Issue amounting to US$3,500,000 and the Company should expect to receive the proceeds within the next seven (7) days. The Company anticipates that part of the proceeds received from the Bond Issue to be sufficient to settle the Judgment Debt before the Agreed Standstill Deadline.

 

 
 
saviola8
    02-Jul-2013 19:20  
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Just clarified the date typo.. 26 Jun 2013 instead of 24 April 2013..
@@ never check before submit huh...

brillent88      ( Date: 02-Jul-2013 10:46) Posted:



Per today announcement, judgment has been obtained by SLD against Transcu on 26th April 2013 for the sum of S$1,469,218.9/-. On the contrary, such important announcement has not been disclosed by Transcu to its shareholders prior to 26th April 2013 until today.  How about any past similar important announcement Transcu's shareholder was not informed timely too???

Can Transcu shareholder files a complain to SGX ??? Tks

 
 
oldflyingfox
    02-Jul-2013 16:40  
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1 cts q all gone before I could go in. :<
 
 
Tomique
    02-Jul-2013 15:02  
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Why complaining against your own interests?  

Actually, the announcement says they are in the negotiations mode.   Once they are ready and price going to climb, it would be settled.   It is always like that in the stock market. 

brillent88      ( Date: 02-Jul-2013 10:46) Posted:



Per today announcement, judgment has been obtained by SLD against Transcu on 26th April 2013 for the sum of S$1,469,218.9/-. On the contrary, such important announcement has not been disclosed by Transcu to its shareholders prior to 26th April 2013 until today.  How about any past similar important announcement Transcu's shareholder was not informed timely too???

Can Transcu shareholder files a complain to SGX ??? Tks

 
 
mb7269
    02-Jul-2013 14:58  
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Transcu is underperforming company!

No networth of keeping this stock. Just look at what happen after this company is released from Watch list.. Do you see any performance?

Now shareholders are all stuck in this counter due to high expectation that Transcu cannot deliver.

 
 
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