Post Reply
1-20 of 46
| Gallant | ___3 mths ended Sep 2009___ | Net Loss (S$M)___ | -$2.68 |
Gallant always shines when the market is uncertain, however you need to strike during intraday changes, as shortist cover at the end of the day. With such big volume increase, tomorrow will trigger an abnormal share price movement. Play it right tomorrow and you may earn some Starbuck money.
Big volume....2molo one long line, my money is on GREEN...fingers and toes crossed. Friday normally Red.. will see.
Game ON
| Financials | |||
| Date Updated | 30 Sep 2009 | Financial Year | 31 Dec 2008 |
| Current Year Profit (After Tax) $'000,000 |
0.557 | Previous Year Profit (After Tax) $'000,000 |
14.72 |
| Net Asset Per Share | 0.5 | Turnover $'000,000 | 268.37 |
| Current Year EPS (After Interest and Tax) |
0.0 | Previous Year EPS (After Interest and Tax) |
0.01 |
| PE Ratio (After Tax) | 0.0 | Times Covered | 0.0 |
| Price (at update time) | 0.37 | Dividend Yield | 0.0 |
Not exactly money losing, just breaking even. As stock market is forward looking, this one have plenty of room to improve. Hence high chance to go up (or down as per Newton's law) in the next quarter.
des_khor ( Date: 09-Oct-2009 23:56) Posted:
|
This one in red one right ?? we shouln't buy lost money company...
thomas_low ( Date: 09-Oct-2009 22:13) Posted:
|
Hehe...ready to be a sucker....game on..
thomas_low ( Date: 30-Sep-2009 22:04) Posted:
|
This one is for suckers, getting sucked, chewed and spit into bin, hehe..not vested but gonna be sucker soon when it hit support.
ruanlai ( Date: 29-Sep-2009 16:19) Posted:
|
wow buying volumes at 40.5cents being wacked down till 39cents....
Those who bought it at 40 and 40.5cents will get stuck liao...............
BBs very dirty in play......
Rights or Wrongs Issue? Pump it up before Rights comes out?
Hi there, any comment or update on Gallant's tomorrow likely performance? It ever shot up to $0.44 today and being in the top 10 volume. Something is brewing...
YanZii ( Date: 19-Sep-2009 18:23) Posted:
|
Hi There, any comment on the likely performance of Gallant next Tue? It has dropped from $0.465 to $0.415. Would Modi interest in buyout or cooperate the development in Bintan?
trueview ( Date: 30-Jul-2009 10:24) Posted:
|
????anyone...anyupdate?up 13% ...sell or buy ?cheeky stock.
The Straits Times / The Business Times News On Gallant Venture
Gallant invests US$20m in mining firm
Group has options to exit new venture if it chooses.By Conrad Tan
Jul 23, 2009
The Business Times
GALLANT Venture is investing US$20 million in an Indonesian iron ore miner as part of its strategy to expand into the resources sector there.
Gallant said its indirect subsidiary Gallant Power & Resources (GPR) has agreed to buy convertible bonds issued by PT Sebuku Iron Lateritic Ores (Silo) that can be converted into shares.
In return for the investment, GPR will gain 60 per cent representation on Silo's board of commissioners and board of directors.
The bonds may be converted into Silo shares at any time until they mature - two years after the date of issue. The bonds will be issued within two months of yesterday's agreement. If they are not converted into shares, they will be redeemed at maturity and the principal repaid.
The investment is being made through a complicated deal that includes various put and call options involving Gallant unit PT Batamindo Investment Cakrawala (BIC), which owns GPR.
Gallant's existing investments are mainly in Batam and Bintan, where it operates industrial parks, utilities and resorts. Its two largest shareholders are Sembcorp Industries and Indonesia's Salim Group. Gallant said it hopes to eventually integrate Silo into the group's utility business.
BIC has signed a put and call option agreement with Top Union International Industrial, a Salim Group member, that allows either party to force the sale of a 49 per cent stake in GPR by BIC to Top Union for US$9.8 million.
Similarly, BIC has signed a put and call option agreement with another Salim Group firm, Dornier Profits, for a 2 per cent stake in GPR. If exercised, Dornier would pay BIC US$400,000 for the GPR stake.
BIC has also signed a separate put option agreement with Dornier that allows it to sell all of GPR to Dornier if it chooses, for at least US$20 million - the value of GPR's initial investment in Silo.
The first two agreements are valid for the first six months after GPR's investment in Silo. Gallant said they give it the chance to sell part of its interest in the convertible bonds held through GPR, if need be.
The standalone put option agreement with Dornier is valid for two years and gives Gallant the choice to exit its investment in Silo completely, if it so chooses.
'Investment in the resources-related business is a new business venture for the company and will require considerable time and effort to integrate into the group's existing businesses,' Gallant said. 'There is no certainty that the integration will be completed successfully, as planned.'
Silo's mining operations are mainly on Sebuku Island in South Kalimantan, although it is expanding its activities to Sumatra. It exports its iron, including to China. Silo is also believed to have coal resources, Gallant said.
Finally some life is back, now Yudders has won the election, BB (Bintan and Batam) is going to be developed, so the BB (big boys) will buy up ..I think, this one if loose loose big big if win win big big...worth longing.
hey....dont keep on selling a few lots at 25.5 cents lah..1 time sell all...u been doing 10 x ..sorry no cheap sale...que up at 25.5cents to buy some more...heeeeee...
kepcorp so many action..how can sem corp remain mute..come on gallan...up 1.5 cents
2008 annual show the top 20 share holder.. surprise ..so many wat we call big brother holding this shre
on 29th ..beware of sell..as tis stock may going up ..dnt sell and buy back..sometime i also do tat...today volume is going up..if the volume continue high..is the opptunity of making money from tis stock...buy!
Dun understand what u mean. Got buy sure got sell leh...difference is which is stronger right? Beware the buy or the sell?
Vested.
trueview ( Date: 29-May-2009 14:48) Posted:
|