GuthrieG   

Guthrie

still learning. can someone share with me the best and worst scenario for this case?

 

disappointing.  Was expecting at least 50cts.

 

39.5, it is an insult to shareholder...

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_FA1F385E73D67D604825725D00467FAD/$file/Offer_announcement.pdf?openelement

 

Any news on this?

 

Halted. Offer price should be out soon?

 

Should be quiet tomorrow. Will move up but need to hold.

 

Yes, price now have come down from the peak. Should have more upside. Not vested!

 

why downtrend so much today? got news?

 

Looks like going down...

 

shareowl, what price will you be selling? Thks

 

GUTHRIE GTS

Qualifies To Be A Reit Manager S$0.46-GUTH.SIS$0.46-GUTH.SI

http://www.remisiers.org/research//dailyex%20LT.pdf

 

Another solid day... price increase with large volumes. Very bullish sign.

 

Dear ezmoney

Assuming RNAV is 55 cts (including future profits from the Centris (near Boon Lay MRT) and new Tampines project (also near MRT), the buyer should not pay more than 50 cts or else there is not much incremental value left for the buyer. That is why share price is still around Friday's level of 46 cts. Target price (assuming rational market behaviour) is at most 50 cts in the near term. We need to bear in mind that Guthrie only has a 25% stake in the Centris and also a partial stake in the Tampines project. Lee Kim Tah and a big financial partner are the other stakeholders in the two projects.

Cheers

Sebastian Chong

http://www.shareowl.com 

 

be aware that there are always folks bragging "... I told you so to buy..." this & that. And it is always when the stocks had gone by alot when they published their purchases. Is it a brag or inducement to buy? Think for yourself.



PS: Not intended to point fingers at anyone though. Hmm... how come never see anyone admitting their mistakes... something like " yea... I called for a strong buy on Bio-T 2 months ago, see what's left..." hehehe...

 

if this is really true, i will wait for next week and decide. good luck to vested ppl

 

announcement will be next week, fm fren working in the company. since rnav =55, very likely the takeover price will be in the range 60-70. vested.

 

Let me share with you my following article which I uploaded on 15 Nov 2006 on my website Shareowl.com shortly after I bought 50 lots at 34.5 cts and a further 20 lots two days later.

GUTHRIE GTS LIMITED:

UNDISCOVERED GEM TRADING AT HEFTY DISCOUNT TO RNAV

 Last traded price: S$0.365     (15 Nov 2006, 12.25am)

12 month high 36.5 cents    12 month low 20.5 cents

Historical PE   21.4 times

Book value per share on 30 Sept 2006 (end of Q3)     46 cents

Rough estimate of RNAV   55 cents

Sebastian Chong

Provocateur, Shareowl.com

Mg Director, Financial Info Analysis Pte Ltd

Wed 15 November 2006

 In the late afternoon on 13 November 2006, I bought 50 lots of Guthrie GTS at 34.5 cents. On the same evening, I mentioned my purchase in the Forum. This morning I purchased another 20 lots at 36 cents. In the interest of timeliness, let me briefly explain why I bought the shares. It was highlighted weeks ago by a Forum member but at that time the share price was rather flat and that were other more enticing that equally great fundamentals but that were also on the move.

However, now that there is an increase in trading volume and signs of upward share price movement, it may be wise not to delay consideration of its purchase any longer. That is why I started buying two days ago and bought some more this morning.

The historical tangible book value was 46 cents as at 30 September 2006. Now the hot asset and income booster is Guthrie?s 25% stake in the Centris, a complex under development with 610 apartments in 12 blocks (12 storeys each) sitting on a retail podium that constitutes an extension of the highly successful Jurong Point shopping mall (which is jointly owned by Guthrie and Lee Kim Tah). Guthrie also has other investment properties in Singapore and hotels in Jakarta.

 Together with their stake in the Centris development, I estimate the RNAV (revalued net asset value) per share to be about 55 cents. In other words, the last traded price of 36.5 cents (at 11.25am Wed November 2006) represents a discount of 33.6% off RNAV. In other words, the stock is currently dirt cheap. It is an obviously overlooked gem.

Please see Appendices 1 to 5 to increase your understanding and insights of the worth of Guthrie GTS. Guthrie GTS also has a successful engineering division and a leisure (hotels) division. Please do read the appendices. (Appendices not reproduced here as they are far too long).

 All the best, Sebastian Chong, Provocateur, http://www.shareowl.com

Mg Director, Financial Info Analysis Pte Ltd

Feel free to check out my website.

 

 

Based on the recent transaction,  Parallax Venture Partners sold 112.59m share (10.48%) on 13 Dec 2006, married deal.

If it were related to the current discussion with EC [that have 20%], it is very likely that a general takeover is possible. Based on Guthrie profile, it would be a REIT interested in buying over the assets. Cheers...

 

I didn't expect it to move up so fast; thinking to buy last year when the price was at a discount from NAV. Now it is too late.

 

Hi raylew, I have been monitoring this stock and know that its NAV is 45 cents - that's why I dare to jump in to buy at 42 cents when I noticed the huge volume and price surge.  Furthermore, this is one of  the laggard property counter that has yet to move while others have surged.  Barring any unforeseen cirumstances, I think there should be more upside than downside.  I believe the general offer should materialise".  Good luck to all those vested !