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Business Times - 08 Dec 2010
Temasek raises stake in Amtek to 5.39%
SINGAPORE - Temasek Holdings has increased its stake in recently listed electronics components maker Amtek Engineering, to 5.39 per cent from 4.86 per cent, a regulatory filing showed.
Aranda Investments, a unit of Singapore state investor Temasek, bought 2.9 million Amtek shares from the open market at an average of $1.0086 a share, adding to the 26.4 million shares it already owned.
Amtek shares were last traded at $0.965 around 0415 GMT.
Amtek shares have traded below their IPO price of $1.30 since they made their stock market debut on Dec 1.
Morgan Stanley, the stabilising manager, has been buying Amtek shares to prop up the price. -- REUTERS |
IF only CPIB were to dig into all the bank accounts of these "wise people" - see if any unexplained sums were credited....ianong ( Date: 08-Dec-2010 21:01) Posted:
| I can't believe that Temasek actually invested in such a company. And these are so called "wise people".... a joke. |
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I can't believe that Temasek actually invested in such a company. And these are so called "wise people".... a joke.
This is a biggest failure this year for Temasick IPO as compare with it recently success - MIT IPO.
W/o much support. Temasick is doing a lone battle along side Morgan Stanley.
Sad for those small IPO buyers who hold oni a few lots at $1.30c
again my advise is don touch, don touch and don touch
Temasek CEO should be held fully accountable for losing our public monies/CPF etc in Amtek.
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December 8, 2010, 12.47 pm (Singapore time) 
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Temasek raises stake in Amtek to 5.39%
Aranda Investments, a unit of Singapore state investor Temasek, bought 2.9 million Amtek shares from the open market at an average of $1.0086 a share, adding to the 26.4 million shares it already owned.
Amtek shares were last traded at $0.965 around 0415 GMT.
Amtek shares have traded below their IPO price of $1.30 since they made their stock market debut on Dec 1.
Morgan Stanley, the stabilising manager, has been buying Amtek shares to prop up the price. -- REUTERS
SINGAPORE - Temasek Holdings has increased its stake in recently listed electronics components maker Amtek Engineering, to 5.39 per cent from 4.86 per cent, a regulatory filing showed.
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Amtek 6th day, Hi-0.985c, low-0.945c, most changed hands at 0.955c to 0.96c. Closed at 0.96c
| Amtek |
CPF |
|
0.985 |
0.960c |
-0.020c |
-2.0% |
Vol-13,783,000 |
90,000 |
0.955 |
0.960 |
81,000 |
Amtek 5th day. Hi - $1.00 and low of 0.98c, most deal changed hands at 0.99c, some bot at 0.985 and at 0.995c. An attempted to closed at 0.99c
| Amtek |
CPF |
|
1.000 |
0.980c |
-0.015c |
-1.5% |
Vol-4,169,000 |
434,000 |
0.980 |
0.985 |
45,000 |
Amtek 4th trading day, High - 1.02c and low of 0.99c, most deal changed hands at 0.995c to a $1/-
| Amtek |
CPF |
|
1.010 |
0.995c |
-0.015c |
-1.5% |
Vol-4,540,000 |
770,000 |
0.990 |
0.995 |
227,000 |
Dear 53, tks for your invaluable info on ds burger. AK delisted it fr my monitor list liao. Cheers.
teeth53 thot - Getting less ammo to fire, but don assume this type of BBs don have ammo.
STABILISING ACTION IN RELATION TO THE INITIAL PUBLIC OFFERING (THE "OFFERING") OF SHARES
("SHARES") REPRESENTING UNDIVIDED INTERESTS IN AMTEK ENGINEERING LIMITED
Pursuant to Regulation 3A(13) of the Securities and Futures (Market Conduct)
(Exemptions) Regulations 2010, we, Morgan Stanley Asia (Singapore) Pte., the Stabilizing Manager in respect of the Offering, hereby announce
that we have, either as principal or through dealers on our behalf, purchased the following number of shares in Amtek Engineering Limited.
Date of Purchases: 3 December 2010
Total number of Units purchased: 800,000
Price Range of Purchases: S$1.01 to S$1.03
Vested IPO BBs bot $1-$1.02c, anything more is profit taking, note - 3rd day vol is much less then 1st day.
Expecting it won't get worst, nor get better, but after ammo run out, for stablizing after T+5 and or within 30 days, less ammo liao, or none to fire, just run out of ammo for stablizingly, there after...will BBs still pump and dump ?.
Thing may fall into places and soon to be forgotten.
Will punters still remember this is a expensive stock even if it is trading at half it offer price?.
Interest arising from grant of the over-allotment option to Morgan Stanley in connection with the IPO.
Increase in Shares held or in respect of which Morgan Stanley may exercise right to rehypothecate or dispose of.
Dec 1, 2010 Shares were purchased from market by Morgan Stanley. 8,281,000 million or 1.5244 % at $1.0093c
http://forum.channelnewsasia.com/viewtopic.php?p=4065198#4065198
(note date)
( Date: 01-Dec-2010 23:11-Wed) Posted: Opened $1.05
(Still on a high side), then goes up a little, then end of the day, stock goes for more profit taking.
Posted: Thu Dec 02, 2010 8:15 pm. After T+5 and after 30days - forgotten stock counter.
teeth53 - Another round coming, diving lower aft T+5 trading period when over, expecting to go lower after this initial support ammo run out.
(Date: 03-Dec-2010) Posted:
| Amtek |
CPF |
|
Opened-1.040c |
Last Done-1.010c |
Down-0.020c |
-1.9% |
Volume-4,507,000 |
Raffles Nominees (Pte) Limited (holding for the benefit of Standard Chartered Private Equity Limited)
| No. of Shares held after the change |
142,703,173 |
| As a percentage of issued share capital |
26.3 % |
| No. of shares held after the change |
0 |
164,430,173 (deemed) |
| As a percentage of issued share capital |
0 % |
30.3 % (Deemed Interest) |
In addition, Mr Daniel Yeong Bou Wai has been granted 2,884,615 fully paid ordinary shares in the capital of the Company, or the equivalent in cash, or a combination of both, pursuant to the Company's Restricted Share Plan ("Awards"). The Awards have not yet vested.
Sheila Ng Won Lein (Director) Shares held after d changed 2,950,641 or 0.54%. In addition, Ms Sheila Ng has been granted 540,750 fully paid ordinary shares in the capital of the Company, or the equivalent in cash, or a combination of both, pursuant to the Company's Restricted Share Plan ("Awards"). The Awards have not yet vested.
Peter Ho Kheong Chun (Director) Shares held after d changed 1,357,655 or 0.25%. In addition, Mr Peter has been granted 257,692 fully paid ordinary shares in the capital of the Company, or the equivalent in cash, or a combination of both, pursuant to the Company's Restricted Share Plan ("Awards"). The Awards have not yet vested.
Note - Allotment of 43,000 reserved shares during the initial public offer at 1.30c or 0.01% to 0.25%
Peter share held before change - 1,314,655 or 0.24%
Name of Registered Holder
|
HSBC (Singapore) Nominees Pte Ltd |
|
Daniel Yeong Holdings , including direct and deemed interest : |
 |
Direct
|
Deemed
|
| No. of shares held before the change |
24,785,376 |
0 |
| As a percentage of issued share capital |
4.56 % |
0 % |
| No. of shares held after the change |
24,785,376 |
0 |
| As a percentage of issued share capital |
4.56 % |
0 %
|
Percentages shareholdings are calculated based on an issued share capital of 543,213,028 shares as at 1 Dec 2010.
This's 3rd day for Amtek traders and punters. 1st 2mins (1.04 to 1.03), next 1.02>1.01 by 12:30pm, finally the whole afternoon till after 5pm - last done at $1.01c.
| Amtek |
CPF |
|
Opened-1.040c |
Closed-1.010c |
-0.020c |
-1.9% |
Volume-4,507,000 |
Most deals prefer to changed hand at $1.01c and on lower volume today.
PDF 1: AMTEK ENGINEERING LTD (Notice - DBS as Substantial Shareholder's Interest)
http://pdf.reuters.com/sgxnews/sgxnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20101203:nSNC310971
i) 29,800,000 million share bot at
$1.30c, 5.4859% plus (bot on offer)
ii) 199,000 share bot at
$1.02c, 0.00366% (bot from open market)
DBS Nominees pte ltd, now own total 29,999.000 million share or
5.5225%
Highly agree with U. Expecting it won't get worst, nor will get better, but after ammo run out, for stablizing after T+5 and or within 30 days...A lot less ammo liao, or even none to fire, just run out of ammo for stablizingly.
Limited to 30,000,000, and do not treat it as able to short or buy as more re-enforcement (money can be pump in again) by BBs vested in Amtek.
Anyway this stock will be volatile in nature and my personnal expection is, it can fall further.
Oredi red flag is planted, and warning is given.
See page 28 or not?. See pg-28 for more info...Our Share price may(teeth53 thot - can deline)decline or be volatile in the future.
The price of our Shares after the Offering may fluctuate widely and rapidly, depending on many factors,
some of which are beyond our (Err...it beyond their control here) control
bladez87 ( Date: 30-Nov-2010 22:20) Posted:
| high possibility of gap down since nobody willing to buy?
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Opened 1.05c, 1st few mins, went 1.01c/1.02c, then lower to 0.995c, b4 recover to closed of $1.03c (unchanged)
| Amtek |
CPF |
|
1.050c |
1.030c |
|
|
Vol-24,544,000 |
3,000 |
1.020 |
1.030 |
454,000 |
1.050 |
0.995 |
PDF 1: AMTEK ENGINEERING LTD (Miscellaneous :: Stabilization Trades In Respect Of Amtek Engineering Ltd)
http://pdf.reuters.com/sgxnews/sgxnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20101202:nSNC221011 Morgan Stanley Asia (Singapore) Pte., the Stabilizing Manager in respect of the Offering, hereby announce that we have, either as principal or through dealers on our behalf, purchased the following number of shares in
Amtek Engineering Limited.
Date of Purchases: 2 December 2010
Total number of Units purchased: 2,030,000
Price Range of Purchases: S$1.00 to S$1.04
The Stabilising Manager
may over-allot Shares or effect transactions which may stabilise or maintain the market price of our Shares at levels above those that would otherwise prevail in the open market. Such transactions may be effected on the SGX-ST and in other jurisdictions where it is permissible to do so,
in each case in compliance with all applicable laws and regulations, including the Securities and Futures Act, and any regulations thereunder.
Such transactions may commence on or after the Listing Date, and, if commenced, may be discontinued at any time and shall not be effected after the earlier of
(i)
the date falling 30 days from the Listing Date or
(ii) the date when the Stabilising Manager (or its appointed agent) bought, on the SGX-ST, an aggregate of
30,000,000 Shares, representing 15.0% of the total Offering Shares, to undertake stabilising actions.
| Amtek off 1.9%; Valuation not enticing: Kim Eng |
| WRITTEN BY DOW JONES & CO, INC |
| THURSDAY, 02 DECEMBER 2010 14:31 |
Amtek Engineering (M1P.SG) off 1.9% at $1.01, extending 20.8% loss yesterday on debut, as investors still wary of contract manufacturer’s IPO valuations.
But downside likely limited with Morgan Stanley Asia helping to stabilise share price. Underwriter bought 8.3 million shares at $0.99-$1.05 each yesterday, expected to continue purchase during Amtek’s first month of listing if price weakens further. With $1.30/share IPO price translating to 4.1x P/B, “valuation appeared relatively expensive,” says Kim Eng Securities; “with an abundance of (technology) stocks trading at attractive valuations, we can see why Amtek did not find favour with investors.”
Prefers InnoTek (M14.SG), which trades at 9.2% dividend yield, UMS Holdings (558.SG), which trades at 6.2x P/E. Orderbook quotes suggest yesterday’s $0.985 intraday low not likely tested.
/theedgesingapore/
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