Post Reply
121-140 of 161
i guess most investors are locked on at the 5.5cts price for such a long time, like me, im still waiting to clear 1000lots!! :(
Thanks Ozone, just enough to buy 200lots at 0.041 and 50lots at0.043. hope to hold for 2 years and sell at S$4X250 for 1 Millions.. I must be day light dreaming but since I missed the ezyhealth when I was actually sold it after the RTO news and has been regret till today. Now another opportunities arose and Just want to fulfill this dream ... LOL
ozone2002 ( Date: 30-Jan-2012 11:16) Posted:
|
gd move..at least switch to a " rubbish" counter with better prospects :)
perfectstorm ( Date: 30-Jan-2012 11:03) Posted:
|
Hi, I just did a share swap using my other rubbish counters to unifiber, no harm as switching from rubbish to another rubbish and dreaming to find gems inside the rubbish.. hahaha
@0.043 cts. To me, this is 2nd round of buying after distribution for this morning trade.
Traders will average off up to point five decimal points.
Mentalk ( Date: 30-Jan-2012 09:56) Posted:
|
getting too crowded in trade...
will wait for the exuberence to subside b4 entering..
anyway haven't confirmed yet.. talk is cheap :) so wait la..
DYODD gd luck!
ozone2002 ( Date: 28-Jan-2012 11:42) Posted:
|
I do not think it is distribution.
To me, it is accumulation by blocking huge sell queue at 44 and 45 and 46.
To collect and at 43 now.
Seems like huge buy up is awaiting either through married deals or just normal buy up.
I may be wrong.
Lets just watch actions unfold later.
It is still early.
teeth53 ( Date: 30-Jan-2012 09:35) Posted:
|
For now, today morning trade, suggesting, seen to be doing distribution for on profit taking, up +10.3%
teeth53 ( Date: 30-Jan-2012 09:29) Posted:
|
Thk Qs, will do, when px is more settle, may venture a bit but not at this current traded px.
GMR bought at 31 US cents.
Thats equivalent to 36cents now.
So GMR is not making money by selling to Unifiber.
So meaning after ex consolidation , Unifiber has to be trading at higher than 36cents assuming 10:1
GMR will not sell. What if it reach $3.60 like Wilmar in 2013 once Unifiber changed name to PT Golden Energy and placed out new shares?
This is really exciting. Can be a ten fold investment if it follows Ezyhealth.
teeth53 ( Date: 30-Jan-2012 09:20) Posted:
|
The share price is currently suggesting more upside later.
Can it hit 5 today?
Sinar Mas father is Oei Hong Leong's father
Powerful tycoon
rabbitfoot ( Date: 30-Jan-2012 09:11) Posted:
|
Hope there's any sifu can elaborate on BBs, like...India's GMR Infrastructure, which holds 30 percent in Golden Energy, will be offered the opportunity to sell some or all its shares to United Fiber, the statement said. While it's biggest BBs said to be RTO at 0.035 cts
Why GMR selling when it can make ton of money...??. TQs
Why GMR selling when it can make ton of money...??. TQs
Sinar Mas is considered the BIGGEST in Indon
Unifiber will be left to rot if not for this super mega deal
At current 3.9cent, it is worth trying out as next Ezyhealth.
The fundamentals changed overnight with this huge RTO company.
They will be guarantee huge revenues and profits for years to come.
I feel it can hit 5-6 this week.
Share similar traits to Ezyhealth
Could be next Wilmar
Sinar Mas as powerful as Wilmar
Why would they list PT Golden Energy just few months ago and then decide to let a third liner Unifiber take a 67% stake and then list in
Singapore?
Simply because Singapore market is small and easy to raise funds by pushing the share price up.
They have to share consolidate and then placement another 10 percent to meet the listing requirements.
This could jolly well be the next Wilmar.
March is the completion date.
Could rise as much as Ezyhealth.
Unifiber shareholders finally see a silver lining.
6-7 cents likely
UNITED FIBER SYSTEM may soon morph from a pulp producer into a thermal coal miner through a second RTO (reverse takeover offer), giving shareholders another chance to unlock value in the stock which has been languishing since its first backdoor listing.
On Jan 27 before the market opened, Unifiber announced that it will be issuing 44.3 billion new shares at 3.5 cents each to buy over 67% stake in PT Golden Energy Mines (GEMS), in an RTO deal worth $1.55 billion. The new shares will represent 92.8% of the enlarged share capital.
The seller is PT Dian Swastatika Sentosa Tbk, the Jakarta-listed mining and infrastructure unit controlled by the Sinar Mas Group, one of Indonesia’s largest conglomerates in various resources businesses that include palm oil as well as pulp and paper. The conglomerate, founded by China-born Indonesian billionaire Eka Tjipta Widjaja, father of high profile corporate figure Oei Hong Leong, also has businesses in financial services, real estate and telecommunications.
First listed back in May 1997 as construction company Poh Lian Holdings, Unifiber shifted its focus to forestry and pulp production in April 2002 through its first RTO deal. Although the stock has plodded along after its first transformation, the new coal-mining business, if executed successfully, could provide Unifiber the lift it needs. Investors may remember it was through an RTO that Ezyhealth morphed into palm oil giant Wilmar International.
The announcement already pushed the stock to as high as 4.8 cents, its biggest increase since May 2003, from 2.8 cents, before closing the day at 3.9 cents with 112 million shares changing hands.
In its announcement via the Singapore Exchange, Unifiber notes that the GEMS group controls nearly 2 billion tonnes of thermal coal -- including reserves. “The development of extensive power plant industries including in China and India, which rely on medium and low calorie coal, has significantly increased demand for the commodity and the GEMS Group is well positioned to address the surge in demand for the commodity due to its competitive advantages over its competitors,” the company states.
These include lower stripping ratio, proximity of its mines to shipping facilities, and Indonesia itself is closer to the two main markets of India and China compared to Australia, the other leading coal exporter. “The Board is of the view that the Proposed Acquisition and resultant focusing of the Company on coal mining is appropriate given the growth opportunities they offer,” says Unifiber in its statement.
DMG & Partners Securities and Stamford Law Corporation are advising Unifiber on this deal, which the parties involved aim to complete by March 7.
Hope for the best,......
http://sg.finance.yahoo.com/news/2-sinar-mas-eyes-backdoor-042003786.html
Golden Energy, which has a market value of $1.7 billion and is part of conglomerate Sinar Mas, edged up 1.0 percent. Most companies list in Singapore because it gives them access to the capital market, and if the mkt is keen enough on the sector, it's quite easy for them to add on assets," said Carey Wong, commodities analyst at OCBC Investment Research in Singapore.
The owner continue to see.....to tap captial mkt here.
" Golden Energy is controlled by Indonesia's Widjaja family via its listed unit Dian Swastatika and raised about $245 million in Indonesia's biggest coal IPO last year."
GMR STAKE...(WHY selling??.)
Sinar Mas Group is one of Indonesia's largest conglomerates with interests in pulp and paper.
" The board is of the view that the proposed acquisition and resultant refocusing of the company on coal mining is appropriate given the growth opportunities that they offer," United Fiber said in a statement.
India's GMR Infrastructure, which holds 30 percent in Golden Energy, will be offered the opportunity to sell some or all its shares to United Fiber, the statement said.
Why GMR selling when it can make ton of money...??.
teeth53 ( Date: 27-Jan-2012 20:34) Posted:
|
Trust your own risk....going private, I think not.
Consolidated 10 to 1 later on..highly possible. (from Sinar Mas.) In all 4.43 billion shr floated. going for 0.350c a piece or more if n when later it happen.
why?? India's GMR Infrastructure, which holds 30% in Golden Energy, will be offered the opportunity to sell,
when they held 30% which can or will make so much, hope for the best.
don't take my word for it..
here's some history i dug up on Wilmar (fka Ezyhealth)
Wilmar's RTO of Ezyhealth valued Ezyhealth shares at $0.06/share (pre-consolidation), or S$16M for original 262M Ezyhealth outstanding shares.
consolidated 10 to 1 later on..
the rest is history..check wilmar share price now approx $6 that's almost 10 bagger if u consider the post consolidation.. :)
hope this helps..DYODD!!
ozone2002 ( Date: 27-Jan-2012 17:20) Posted:
|
Seow liao lahh.
All BBs, including owner agreed. Value at oni 3.5c a piece. in all 44.3 billion shr.
Unifiber is to issue at 3.5c a piece. Those bot beyond 4c - chia lat liao
ozone2002 ( Date: 27-Jan-2012 16:42) Posted:
|