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Sale of Raffles City

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teeth53
    13-Sep-2006 00:34  
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RH help run casino or help run the hotel??? I doubt RH run all d Sentosa IR and capital run nothing. Gut feeling something will be left for own ppl to compete with int 'l player come this 2nd round. 1st round no problem lah.....
 
 
chipchip66
    13-Sep-2006 00:28  
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CapitaLand is still in the hunt for Sentosa IR. Are there any bookmakers that accept bets for who is the winner? My bet is CaputaLand and another ang mo company that featured in the TODAY paper sometime back. RH will definitely help run the casino.
 
 
teeth53
    13-Sep-2006 00:25  
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Oni hope liao is to tompang into Capaital land and wave it magic wand.
 

 
teeth53
    13-Sep-2006 00:13  
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Shell company !!! d other shell dealing with oil-very rich. This one deal with hotel-nothing left. Near zero value.
 
 
lausk22
    12-Sep-2006 22:39  
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The demise of this counter is near. All assets have been stripped and sold off. Just a shell now.
 
 
chipchip66
    12-Sep-2006 21:18  
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Very sluggish bcos all waiting for the pay out in a month's time. Broking houses also no time to check this counter out. It is like watching pirates of the carribean II but this one don't know got part III or not!!
 

 
singaporegal
    12-Sep-2006 21:12  
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This is a very sluggish counter. Low volume and very stagnant.
 
 
chipchip66
    12-Sep-2006 20:48  
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How can such an iconic hotel like RH be trading at 2c?? There will be some surprises in store, just hav to wait and watch this movie unfold!!
 
 
chipchip66
    12-Sep-2006 20:40  
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I am thinking RH wil be offered a deal by CapitaLand like for every 1000 RH shares, you will be given 5 CapitaLand shares. This means that they will be able to buy into RH and operate the RH Casino without having to cough out cash! I think RH still got hope if CapitaLand offers more shares to sweeten the deal!!!!
 
 
teeth53
    12-Sep-2006 20:37  
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Imgine. A great hotel is oni 2cents worth, suggest better to delist it name Raffles Hotel ot change it name to Salad hotel, what a sad tale.
 

 
scotty
    12-Sep-2006 20:34  
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Hi chipchip66,

Could be no one wants to buy? Takes 2 hands to clap.
 
 
teeth53
    12-Sep-2006 20:33  
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One cents different btw $0.72 to $0.73. dose it matter then pay out $0.72 cents, then only one cent left to trade liao. maybe 2 cts worth.
 
 
chipchip66
    12-Sep-2006 20:25  
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Doe any body know why today selling volume is unusually high but volume in only 352 lots???
 
 
chipchip66
    08-Sep-2006 10:32  
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something baffles me, last done at 72c with its NTA at 73c. I think those who buy now has actually found out their NTA is probably higher than 73c?? For those who bought at 72c, could you share wuth us your calculations?
 
 
chipchip66
    07-Sep-2006 10:06  
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RH holding steady at 72c. 36 days more for pay-out of 70c. Does anybody know after the pay-out, will RH trade at 2c??
 

 
chipchip66
    04-Sep-2006 13:05  
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WoW, volume 7698k done at 72c. Looks like something major is happening in the coming weeks. If they revise their NTA of 73c upwards, then there will be more buying activity.
 
 
chipchip66
    01-Sep-2006 10:56  
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Yes, counting down to $700 capital distribution and dividend per lot.
 
 
chipchip66
    31-Aug-2006 15:05  
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10 lots done at 72cents. Up UP UP! Sorry, I got vested interest!
 
 
chipchip66
    31-Aug-2006 14:16  
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Tomorrow will be the completion of sale. Rh holding steady at 71.5 cents. I wonder if there will be a write up by business times tomorrow?NTA at 73cents. So from now till 13OCT, will we see some action?Is CapitaLand going to have 800 million in cash credited to their account that day? 
 
 
chipchip66
    30-Aug-2006 12:39  
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Hey guys, will Raffles Holdings be delisted or resume trading after xd period? There is no mention of any delisting from the SGX-announcement section. Enlighten me pls!
 
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