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student
    02-Apr-2013 18:26  
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Some here like to add a bit of spicing and blachan 'nonsense' to

brighten up an otherwise boring trading day of waiting and waiting. Lol. 
 
 
ruggerking
    02-Apr-2013 18:14  
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Kindly do not get offended with my post. I am stating it in general to anyone or everyone who is reading or planning to post.

And kindly understand what is the meaning of nonsensical  and emotional post along with posting in English for the benefit of everyone. I can extract out a few examples but i do not want to offend the users. 

P.S. nonsensical  or emotional post do not  relate  with possibility at all and neither did anyone claim it does thus i do not know how it co exist as quoted below..

" Possibilities are not emotion-based bias, not at all."  

Thanks and no offence. Let's stick to the main topic and decide individually when to buy and sell without influencing others.

Cheers 
 
 
student
    02-Apr-2013 16:15  
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Yes sifu is so right.

Also consider all possibility/probability of unknown fundamentals too.

It is best to " mau" oneself, rather than confidently urging others to buy or sell.


BummerHuat      ( Date: 02-Apr-2013 16:08) Posted:



In addition to possibilities, need to also factor in probability/likelihood.

Strike toto, end of the world, Singapore in the world cup are all possibilities..

 

 
BummerHuat
    02-Apr-2013 16:08  
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In addition to possibilities, need to also factor in probability/likelihood.

Strike toto, end of the world, Singapore in the world cup are all possibilities..
 
 
student
    02-Apr-2013 15:44  
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Possibilities are not emotion-based bias, not at all.

On the contrary, great optimism is often largely emotion-based.


 
 
WanSiTong
    02-Apr-2013 15:42  
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agreed, Smiley 29

ruggerking      ( Date: 02-Apr-2013 15:31) Posted:



Hi Guys,

Let's stick to insightful post rather then  nonsensical  posting or non evidence-base emotional bias remarks. And if possible, stick to English as it would be advantageous for every user reading this thread.

Cheers ) 

 

 
BummerHuat
    02-Apr-2013 15:38  
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I believe in the possibility. Question is at what price. Certainly not at 1.22 or 1.00


 




student      ( Date: 02-Apr-2013 15:21) Posted:

You don't believe the possibility of it being delisted.. privatised?

BummerHuat      ( Date: 02-Apr-2013 15:10) Posted:



Firstly, Fincantieri is owned by the It gov, but it is not the It gov itself. Just like the Singapore govt is a different entity from Capitaland, Keppel, etc.

And giving dividend is not about being generous to the public. If dividend is declared, Fincantieri is the one getting the most dividend as they hold the most shares. If I am Fincantieri and need money, all the more I will declare dividends. If not, the cash will be remain in VARD's books.

  At 1.22, less than 5% took up the offer, for which around 4% was by OZ who is looking to exit. Which means excluding OZ, less than 1% took up the 1.22 offer. At 1.00 how many do you think will take up the offer? Making a GO involve engaging professionals which is not cheap. Why would anyone make a unrealistic offer and incur expenses for it?


 
 
student
    02-Apr-2013 15:38  
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What is the worst case scenario?

guoyanyunyan      ( Date: 02-Apr-2013 15:31) Posted:

You are right... enitirely possible  Smiley

 
 
guoyanyunyan
    02-Apr-2013 15:37  
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... for the second point ...

... may be can open thread to cater to the need, like " Malay Chitchat Corner" , " Mandarin Chitchat Corner" etc     Smiley

ruggerking      ( Date: 02-Apr-2013 15:31) Posted:



Hi Guys,

Let's stick to insightful post rather then  nonsensical  posting or non evidence-base emotional bias remarks. And if possible, stick to English as it would be advantageous for every user reading this thread.

Cheers ) 

 
 
guoyanyunyan
    02-Apr-2013 15:31  
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You are right... enitirely possible  Smiley
 

 
ruggerking
    02-Apr-2013 15:31  
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Hi Guys,

Let's stick to insightful post rather then  nonsensical  posting or non evidence-base emotional bias remarks. And if possible, stick to English as it would be advantageous for every user reading this thread.

Cheers ) 
 
 
student
    02-Apr-2013 15:21  
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You don't believe the possibility of it being delisted.. privatised?

BummerHuat      ( Date: 02-Apr-2013 15:10) Posted:



Firstly, Fincantieri is owned by the It gov, but it is not the It gov itself. Just like the Singapore govt is a different entity from Capitaland, Keppel, etc.

And giving dividend is not about being generous to the public. If dividend is declared, Fincantieri is the one getting the most dividend as they hold the most shares. If I am Fincantieri and need money, all the more I will declare dividends. If not, the cash will be remain in VARD's books.

  At 1.22, less than 5% took up the offer, for which around 4% was by OZ who is looking to exit. Which means excluding OZ, less than 1% took up the 1.22 offer. At 1.00 how many do you think will take up the offer? Making a GO involve engaging professionals which is not cheap. Why would anyone make a unrealistic offer and incur expenses for it?

student      ( Date: 02-Apr-2013 13:48) Posted:



If the co is very lucrative, will the It gov want to give dividends to the public at all?

What if say one year later they make another GO at 1.00  ?

 


 
 
student
    02-Apr-2013 15:19  
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Lol.. Happy like fish... It won't  be so happy with hook in the cheek... lol. 

GorgeousOng      ( Date: 02-Apr-2013 14:24) Posted:

Wah! if it is 1.85 can buy many yachts lor!!! I am not so greedy , 1st round 1.35 it is enough to pay for my little sampan!"I will be happy like fish"!!!Heeheee


student      ( Date: 02-Apr-2013 14:10) Posted:

It can go very high too eg 1.85.  Then all will be " jia buay liao" (untong).


 
 
BummerHuat
    02-Apr-2013 15:10  
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Firstly, Fincantieri is owned by the It gov, but it is not the It gov itself. Just like the Singapore govt is a different entity from Capitaland, Keppel, etc.

And giving dividend is not about being generous to the public. If dividend is declared, Fincantieri is the one getting the most dividend as they hold the most shares. If I am Fincantieri and need money, all the more I will declare dividends. If not, the cash will be remain in VARD's books.

  At 1.22, less than 5% took up the offer, for which around 4% was by OZ who is looking to exit. Which means excluding OZ, less than 1% took up the 1.22 offer. At 1.00 how many do you think will take up the offer? Making a GO involve engaging professionals which is not cheap. Why would anyone make a unrealistic offer and incur expenses for it?

student      ( Date: 02-Apr-2013 13:48) Posted:



If the co is very lucrative, will the It gov want to give dividends to the public at all?

What if say one year later they make another GO at 1.00  ?

 

 
 
GorgeousOng
    02-Apr-2013 14:24  
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Wah! if it is 1.85 can buy many yachts lor!!! I am not so greedy , 1st round 1.35 it is enough to pay for my little sampan!"I will be happy like fish"!!!Heeheee


student      ( Date: 02-Apr-2013 14:10) Posted:

It can go very high too eg 1.85.  Then all will be " jia buay liao" (untong).

student      ( Date: 02-Apr-2013 14:02) Posted:

I can go very high too eg 1.85.  Then all will be " jia buay liao" (untong).


 

 
student
    02-Apr-2013 14:10  
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It can go very high too eg 1.85.  Then all will be " jia buay liao" (untong).

student      ( Date: 02-Apr-2013 14:02) Posted:

I can go very high too eg 1.85.  Then all will be " jia buay liao" (untong).


guoyanyunyan      ( Date: 02-Apr-2013 14:00) Posted:



... so far last done price $1.250 +0.020 with good vol 11,280 ...

... chances of better price to come is higher ....  Smiley


 
 
student
    02-Apr-2013 14:02  
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I can go very high too eg 1.85.  Then all will be " jia buay liao" (untong).


guoyanyunyan      ( Date: 02-Apr-2013 14:00) Posted:



... so far last done price $1.250 +0.020 with good vol 11,280 ...

... chances of better price to come is higher ....  Smiley

 
 
guoyanyunyan
    02-Apr-2013 14:00  
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... so far last done price $1.250 +0.020 with good vol 11,280 ...

... chances of better price to come is higher ....  Smiley
 
 
student
    02-Apr-2013 13:48  
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If the co is very lucrative, will the It gov want to give dividends to the public at all?

What if say one year later they make another GO at 1.00  ?

 
 
 
BummerHuat
    02-Apr-2013 13:40  
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Authority to issue share is a common agenda for listed company's AGM. It gives the company the authority to issue shares, but doesn't mean that it will be issuing. 

There won't be anymore dividends for FY2012. They have already paid out about 70+% of earnings as dividends for FY2012. Future dividends will need to come from FY2013's earnings and also dependent on whether there is a change in dividend policy now that key shareholder has changed.


jason-ice      ( Date: 02-Apr-2013 10:04) Posted:



Refering to the agm agenda that is on the websites  http://www.vard.com/investor/Pages/default.aspx  now, 

resolution number 6 ,

are they issuing new shares?

if they are , than what kind of share?

 

??

no dividend? 

 
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