
to share my view. the fair value for sakari is at $2.2. coal price has drop alor from the peak and now maybe due for reversal. since they paid sakari at 2.80 before. let them pay at higher price than current. it is not as if the mines will run away. now with 2 new development. sakari fourtune may change in the mid term.
Till date, PTT have only accumulate 51.70% from 45.27% open market buy...
Strongly don't think they can acquired 90% coz the offer price of $1.90 is way too Under-price ..
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Game over for this stock.
chanting ( Date: 29-Aug-2012 13:43) Posted:
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Throw the proposal to rubbish bin unless you bought below $1.90....Not to forget its not $1.90, its $1.875 coz you need to deduct off the 2c div.
ppcc77 ( Date: 29-Aug-2012 08:39) Posted:
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Good quality coal mine, good operation team react when crisis,
2 good div yearly.
After elections, many believes India and other emerging Asian nations can push coal prices back to their highs and beyond ???
Many still think whether to chop the coconut tree take the fruit or keep the tree collect the fruit yearly ???, 1.9 super under value fruit  ????? So.........................
 
Those who played this stock are " mou tintin fart dart" (had an unexpected windfall)... lol.. 

 
nothing personal against ur comments or the stock..
i have no position in this stock or even the market now..
but just wanna cautious..
dont expect PPT or the big boys always do the right thing and always earn $$..
u will be surprised sometimes such big decisions are being made in a stupid/careless manner.. and big boys can still suffer from big losses..
anyway, congras to those who dare to jump in.. u have made ur fortune especially those who have cashed out.. the $ is urs and safe..
Nowadays there are seldom competition when someone wants to offer all the shares of a company.  This is natural because there is no point fighting one another, the normal thinking of the big boys. Why benefit the public share holders?  The primary purpose of a takeover is to make big money it is when a company is going to make tons that taking over and then privatisation comes in.  We shareholders are always the suckers.  When a company is having cash difficulties the right issues will come in.  When a company is making or going to make (insider knowledge) big money, shareholders are kicked out.  Just for a few citings: CourtsSp, SPC,CKTang,Robinsons, etc.  These companies are making big money now in private.
I am also vested in this.  As I never encountered such takeover offer by a major shareholder, anyone know what are the possible outcomes?
Yes I am also not selling.
I'm not selling to them at $1.875 coz the offer is 'too cheap' Sakari is a good company, unique business...high chance is PTT will not aquire the 90% from the market unless they can offer higher......
1.9$,still under value.8.8PE,want to aquire all ordinary shares, impossible.
compare with same business aquirement, the PE should be around 20, so offer price should be around 3$.\
hope PPT could not aquire more than 90%, hope Sakari still can list in sgx.
Later, Indonesia government take back the coal field.
Dont think got  gold,   gas maybe ??? 
unless Japanese hide the ww gold or Marcos hide there
If sakari  no value, will PPT    put the offer ???
Thermal coal Mines  or   coal price  in Au , in china, india have different type of problems .
  Will AJ1  soon  show more clolor.....................
WHAT A P T??????
stevenlim109 ( Date: 28-Aug-2012 10:39) Posted:
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MISCELLANEOUS :: BUSINESS DEVELOPMENT INITIATIVES
Sakari Resources Limited (SGX: SAR) is pleased to announce two developments for its coal business in the Asia Pacific region.  
 
  That may be the upside of the business.  PTT is smart, rather than paying dividends out getting it privatize will yield more returns internally.  Anyway they are funded by the government, so $ is not an issue for them... :-)
 
maybe they discover gold in their coal pit 

aimtowin ( Date: 28-Aug-2012 10:30) Posted:
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Whether it is under value or not, price is fixed at 1.90.  The other option is they are not able to acquire more than 90% thus unable to privatize sakari, which also means it will still be listed in SGX.
 
Many feel 1.9 Under value ???
Sakari will made more people rich???