Latest Posts By pharoah88
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25-Mar-2010 12:22 |
Keppel
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keppel Corp
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what PRiCE is jUstifiable fOr Entry?
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25-Mar-2010 12:19 |
GLD USD
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Gold going up this year?
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iF Oil Carter WiLL sEll thEir crUdE at USD40, GOLD PRiCE WiLL TANG may bE tO USD 400 Or bElOw. Palm Oil cOmpanies and sOft cOmmOditiEs' cOmpanies' sharE PRiCE WiLL TANG by 50% STAY Out Of sOft cOmmOditiEs iF yOu bEliEvE crUdE Oil PRiCE WiLL TANG tO USD40. |
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25-Mar-2010 12:13 |
Chemoil Ene USD
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CHEMOIL
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Shun Zi says, "tO WIN, One mUst nOt lOse." |
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25-Mar-2010 12:09 |
Chemoil Ene USD
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CHEMOIL
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DOUBLE yOur hOlding. this WiLL iNcrEasE the Public Float if EvEryOnE dOEs thE samE
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25-Mar-2010 11:54 |
Chemoil Ene USD
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CHEMOIL
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i WiLL bUy sOme mOre if SELL QUEUE is USD0.345 or belOw. GuarantEEd prOfit at USD0.345 Or bElOw |
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25-Mar-2010 11:50 |
Chemoil Ene USD
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CHEMOIL
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REWARD RISK RATIO at USD0.360 is EXCELLENT. HIGHEST POTENTIAL REWARD & lOwest RiSK at USD0.360
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25-Mar-2010 11:47 |
Chemoil Ene USD
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CHEMOIL
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EvEry OnE "HOLD ON TO YOUR HORSE" tOgEthEr, wE have 11.67% On Our Own and nEEd nOt dEpEnd On iTOchU. I jUst DOUBLED my HOLDiNG at thE chEapO PRiCE. thE Only cOst yOu lOse its the OnE TiME BUY-iN brOkEragE iF EvEryOnE DOUBLES thE HOLDING, tOgEthEr wE WiLL havE 23.34% On Our Own.
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25-Mar-2010 11:39 |
Chemoil Ene USD
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CHEMOIL
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by Ronnie Lim Chemoil likely to remain listed after mandatory offer FROM all indications, mainboard-listed marine fuel supplier Chemoil Energy is likely to stay publicly listed on the Singapore Exchange (SGX) - unlike home-grown Singapore Petroleum Company which was bought by oil giant PetroChina last year. Swiss-headquartered commodity giant Glencore International, which completed its purchase of the founding Chandran family's 50.81 per cent of Chemoil late last month, said as much in subsidiary Singfuel Investment's Feb 26 announcement of a mandatory unconditional cash offer for the rest of Chemoil's shares. Singfuel said: 'It is the current intention of the offeror to maintain the listing status of the company on SGX, following completion of the offer.' The offer document is expected to go out around mid-March. The other major shareholder of Chemoil is Japanese trader Itochu Group with 37.5 per cent. A free float accounts for the remaining 11.69 per cent. In a conference call with the media last week to announce Chemoil's FY2009 results, chairman and CEO Mike Bandy said that it would be inappropriate for him to comment on what Itochu intends to do with its Chemoil stake. But an industry observer noted: 'Glencore and Itochu share the same (trading) space and any talks between the two will likely be more strategic, like how to synergise some of their businesses where each may have its own respective strengths. It's like an arranged marriage, and the indications are that Glencore will like to keep Itochu on as a shareholder.' Energy consultant Ong Eng Tong agrees that Itochu will want to stay on as a shareholder in Chemoil, which offers it oil storage space, including at the Helios Terminal on Jurong Island and in Los Angeles. Itochu apparently also has an officer in Chemoil's Monte Carlo office to conduct its Mediterranean business, he said. In mid-2009, Itochu was reported to have taken 100,000-120,000 cubic metres of the 450,000 cu m Helios Terminal to store fuel oil as part of a joint venture with Chemoil. 'So there's a lot of synergy, and besides Itochu won't sell its Chemoil stake given Glencore's low offer price,' Mr Ong said. Glencore has offered 35.52 US cents a share for the remaining Chemoil shares - the same as it paid for the Chandran family's stake. This values Chemoil at US$459 million. 'Time will tell what will eventually happen to Chemoil,' the industry observer said, but if the percentage of Chemoil shares in public hands does fall below 10 per cent during the mandatory unconditional cash offer - causing a suspension of trading here - Glencore could then issue more shares to raise this above the 10 per cent cut-off. Apart from maintaining Chemoil's public listing here, Glencore generally seems keen to raise its public profile and is reportedly considering an IPO in the second half of this year after the credit crisis last year and tumbling commodity prices threatened to curb its funding. London reports cited Glencore saying last December that it sold as much as US$2.2 billion of bonds to investors including BlackRock and the Government of Singapore Investment Corp, with the bonds convertible upon an IPO.
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25-Mar-2010 11:35 |
Chemoil Ene USD
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CHEMOIL
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~~ SPEAK TO THE HORSE ~~ *plEase CALL DBS fOr fUll dEtails: DBS Bank Ltd (Mergers & Acquisitions) Mr. YIP Wei Mun Senior Vice President Mr. Shelino Suripin Vice President Tel: (65) 6678 8658 Fax: (65) 6678 5676 PS: iF nObOdy accEpts the CASH OFFER, thE LiSTiNG carriEs On as UsUal |
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25-Mar-2010 11:31 |
Chemoil Ene USD
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CHEMOIL
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*HOLD ON TO YOUR HORSE FOR THE BIG RACE* frOm the fOrum, yOu knOw that yOu WiLL nOt bE alOnE. I WiLL fOllOw yOu and HOLD ON TO THE HORSE |
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25-Mar-2010 11:24 |
PineAgritech
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handon trading...
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CHINESE can bring mOney Out tO GAMBLE in SingapOre. WHY CAN'T CHINA COMPANY REMIT FUNDS TO REDEEM BONDS? WHO ARE nOt dOing thEir dUtiEs ? tchoonw ( Date: 15-Mar-2010 17:01) Posted:
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25-Mar-2010 11:13 |
PineAgritech
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handon trading...
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ZHi Zi says "TRUST tUrns tO RUST as Time passEs." |
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25-Mar-2010 11:10 |
PineAgritech
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handon trading...
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T R U S T TRUST ??????????? anOther blOOdy jOkE |
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25-Mar-2010 11:07 |
PineAgritech
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handon trading...
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SingapOre has CASE TRUST UpgradEd tO EDU TRUST. WHY nO REMITTANCE TRUST ? DIRECTOR TRUST ?? GOVERNANC TRUST ??? INTEGRITY TRUST ???? DUE DILIGENCE TRUST ????? GOVERNMENT TRUST ?????? FRAUD TRUST ??????? BOND TRUST ???????? DIVIDEND TRUST ????????? AUDITOR TRUST ?????????? |
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25-Mar-2010 11:01 |
PineAgritech
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handon trading...
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## in July, after citing possible technical difficulties in remitting funds to bond holders outside China. ## iF the abOVe statement is TRUE ? MAS, SGX, Corporate Directors, Bankers, Auditors are extremely SLACK in their Due Diligence and Corporate Governance. Shun Zi says, "To WIN, One mUst nOt lOse." ZHi Zi says, "To Remit foreign funds into CHINA, One must be able to Remit the SAME funds OUT of CHINA" Once Upon a TiME, the whOle wOrld knEw that PriOr ApprOval mUst bE Obtained frOm CHINA FX AuthOrity befOre any CHINA BANK WOuld prOcess an Outward Remittance Application. Best Of ALL, EvEn Ah Beng and Ah Lian alsO knOw abOut this tOday. Any mOre EXCUSE pOssiblE and accEptablE ???? |
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25-Mar-2010 10:44 |
PineAgritech
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handon trading...
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ZHi zi says, "iN cOrpOrate WARS, bOnd hOlders and sharEhOldErs arE On OppOsitE sidEs"
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25-Mar-2010 10:34 |
Keppel Land
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Kepland
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SOURCE: TODAY Friday: 19th March 2010 Keppel Land $3.65 | Buy CLSA initiates coverage with a $4.80 target price, which it saysis set at par to NAV and does not factor in significant price or rental inflation going forward. While broker cautious on S’pore office sector as a whole, it says Keppel Land should be well placed as its office building portfolio boasts good locations. The house is positive on Keppel Land’s businesses in China and Vietnam, two of the fastest-growing property markets in Asia. |
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25-Mar-2010 10:24 |
Healthway Med
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healthway, healthy?
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3rd Position TOP VOLUME CHART nO End Of sElling nO End Of bUying thE shOw gOes On managEmEnt shOuld bE mOrE prOdUctivE than thiS |
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25-Mar-2010 10:21 |
S i2i
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MediaRing
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what is HSI? is it RSI?
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25-Mar-2010 10:10 |
S i2i
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MediaRing
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the FiRE has startEd | |||||||||||
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