Latest Forum Topics / Robinson | Post Reply |
Robinson
|
|
zhenxian
Senior |
22-Jan-2008 11:36
|
x 0
x 0 Alert Admin |
ya, if Robinson reject the deal, this counter may dive even further south along with current market sentiment trade with care |
Useful To Me Not Useful To Me | |
limhpp
Veteran |
22-Jan-2008 11:26
|
x 0
x 0 Alert Admin |
If the deal is not confirm than it is risky to buy at such high price. |
Useful To Me Not Useful To Me | |
|
|
zhenxian
Senior |
22-Jan-2008 11:22
|
x 0
x 0 Alert Admin |
So for now, i think the deal is not comfirm yet... Now is just this announement that push up the price. |
Useful To Me Not Useful To Me | |
zhenxian
Senior |
22-Jan-2008 10:49
|
x 0
x 0 Alert Admin |
According to the newspaper, Robinson was informed of this very suddenly also. Now their board still deciding wheather to accept this offer. |
Useful To Me Not Useful To Me | |
limhpp
Veteran |
22-Jan-2008 09:25
|
x 0
x 0 Alert Admin |
Is it a confirm deal for $6.25 per share? Didn't see the announcement unlike Ascott. |
Useful To Me Not Useful To Me | |
|
|
EastonBay
Master |
22-Jan-2008 09:09
|
x 0
x 0 Alert Admin |
problem is we would never know. This particular one was very tight.. there was not even market rumours where usually the px runs up a little. This one has very low volume prior to the announcement, i.e. the info was very private. |
Useful To Me Not Useful To Me | |
zhenxian
Senior |
21-Jan-2008 19:18
|
x 0
x 0 Alert Admin |
Ok Thanks EastonBay :) Guess if next time got this kind news its better to buy first cause it surely go up ya. |
Useful To Me Not Useful To Me | |
sarahlkh
Senior |
21-Jan-2008 18:24
|
x 0
x 0 Alert Admin |
hmm if there is price war on the upside.. that will be good. any idea who will be competiting? |
Useful To Me Not Useful To Me | |
|
|
hlayar
Senior |
21-Jan-2008 18:20
|
x 0
x 0 Alert Admin |
Price war coming? Arabs versus Indos? |
Useful To Me Not Useful To Me | |
hlayar
Senior |
21-Jan-2008 17:15
|
x 0
x 0 Alert Admin |
I think this move trapped the riadys? Just read that they got 29.9% stake at $7.90? |
Useful To Me Not Useful To Me | |
EastonBay
Master |
21-Jan-2008 17:02
|
x 0
x 0 Alert Admin |
I wonder if they are shooting themselves now given how badly the broadmarket has dropped. Even if they offer it at $5, people would gladly take it! Of course, they might see value that we don't. For me, I just hope that the offer stays and gladly get cash back. Robinson is no longer a dividend stock like it was before since Lippo got that 29%. It had a long record of generous dividend payout. That stopped last year. The new management decided to plough back those cash to expand business instead. I see that there is going to be boardroom tussle between Lippo and this Middle Easteran company ALF. Their target is more than 50% and they've received irrevocable undertakings from institutional shareholders (namely, Silchester International Investors Ltd, Aberdeen Asset Management Asia Limited and Tecity Pte. Ltd) representing approximately 23.18% of the issued share capital of RCL. Zhenxian: market force will ensure that px will be close to 6.25 and not the 4+ last traded price. Unless one is lucky to have bought it before halt. |
Useful To Me Not Useful To Me | |
zhenxian
Senior |
21-Jan-2008 14:24
|
x 0
x 0 Alert Admin |
Hi Sarahlkh, I am still new to the stock market so just wanted to find out more about all these news posted by the company, whether they are good news or bad news. So by asking the ppl here if these are good deals so i can learn and make a better desicion in investing in any stocks in the future. Not to induce any buy or sell though... |
Useful To Me Not Useful To Me | |
|
|
sarahlkh
Senior |
21-Jan-2008 14:11
|
x 0
x 0 Alert Admin |
zx, i dun know which side are u on. if u got a good bargain, u should maintain it that way! guess u r not trying to do that on this blog. wonder why... |
Useful To Me Not Useful To Me | |
zhenxian
Senior |
21-Jan-2008 13:54
|
x 0
x 0 Alert Admin |
Hi francisd, Then we should get it at the current price right? cause its something like the Ascott case where Capitalland is offering a higher price to take over it. Hi hlayar, Even if it makes no finacial sense, for me a short term player, i can just sell it at $6.25 for a good capital gain right? |
Useful To Me Not Useful To Me | |
francisd
Veteran |
21-Jan-2008 13:21
Yells: "BUY LOW SELL HIGH" |
x 0
x 0 Alert Admin |
It is a good deal, considering todays market conditions. If you see the charts Robinson was always in the range of 5.5-6$ stock with good divid. payout. The deal can be better with its operating model and positive cash flow. Come on guys who are they kidding? |
Useful To Me Not Useful To Me | |
hlayar
Senior |
21-Jan-2008 10:08
|
x 0
x 0 Alert Admin |
Need to know the price that Auric pays last time for that 29.9% stake, if it makes financial sense. |
Useful To Me Not Useful To Me | |
787180
Master |
21-Jan-2008 09:56
|
x 0
x 0 Alert Admin |
Buy Auric Pacific which controls 29% of Robinson...very gd dividend from Auric too...gd for CPF stock |
Useful To Me Not Useful To Me | |
zhenxian
Senior |
20-Jan-2008 20:46
|
x 0
x 0 Alert Admin |
Hi, Does this means that for every share we have now, they are going to offer us $6.25 to buy back our shares? Isnt this a very good deal now as the share price is only at $4.46? Thanks for sharing~! |
Useful To Me Not Useful To Me | |
zhenxian
Senior |
20-Jan-2008 20:07
|
x 0
x 0 Alert Admin |
Is this a good thing? |
Useful To Me Not Useful To Me | |
zhenxian
Senior |
20-Jan-2008 20:04
|
x 0
x 0 Alert Admin |
VOLUNTARY CONDITIONAL CASH OFFER BY ALF GLOBAL PRIVATE LTD. FOR SHARES IN ROBINSON AND COMPANY LIMITED KEY HIGHLIGHTS Offer Price of S$6.25 per share Premium of 40.1% to last transacted price Irrevocable undertakings to accept the Offer received from institutional shareholders in respect of 23.18% stake http://info.sgx.com/webcorannc.nsf/ef3ba6cb188613ea482571b2003641d3/14636bf0164c2bd7482573d6001a2421?OpenDocument |
Useful To Me Not Useful To Me |