K1 Ventures   

K1, result coming $$$119mil profit

Hi Teeth53, K1 still at 38c. Very difiicult to break out! Anyway, it is good news that Kephinace is buying more K1 shares.Will boost share price and sentiment in this stock.

 

Might be soon to announcment it 6 cents coming date, isit ???

 

Keppel Crop bot into K1, 20,083,000 shares for a consideration of $7.7mil www.sgx.com.sg

http://info.sgx.com/webcorannc.nsf/560dd4b031b97d27482571b20043d38c/a7588118a7430779482571e9000ca656?OpenDocument

 

Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest

A change in deemed interest due to:- Increased 37.01% to 38.04%

(i) a series of transactions by Keppel Corporation Limited ("KCL") group of companies. Temasek owns directly and indirectly approximately 22% of KCL; and

(ii) the issuance of shares by k1 Ventures Limited resulting in the increase of the issued share capital of k1 Ventures Limited from 1,896,933,003 shares as at 2 March 2006

to 1,897,528,003 shares as at 22 May 2006.  

 

Board of Directors (view here-repost)

MR STEVEN JAY GREEN

US Ambassador to S'pore from Nov 97 to Mar 2001. Mr Green spearheaded a number of strategic programmes that greatly enhanced US-S'pore relations in economic development, intellectual property, immigration and national security. Currently a Special Advisor to the S'pore Govt, and is also a Dir of TEC Worldwide, Inc., Knowledge Universe Learning Centers, Cardean Learning Group, Greenstreet Capital Management, Inc. and Long Haul Holding Corp.
Mr Green is the founder of merchant bank Greenstreet Partners, and the founding partner of a real estate investment company with real estate holdings throughout the United States. Mr Green has had 25 years of experience as an international industrialist leading major corporate restructurings and expansions in a host of manufacturing, housing, consumer products, retail and real estate enterprises. He served as Chairman and CEO of Samsonite Corporation from 1988 to 1996 where he oversaw the recapitalisation and subsequent turnaround of the company to a highly profitable business.
In addition to his corporate responsibilities, Mr Green is also active in national civic affairs. He serves as a contributing trustee for a number of community and national charities, including the Children?s Health Fund and the University of Miami Advisory Board. He is also the Chairman of the Green Family Foundation.


TOP
DR LEE SUAN YEW

MBBS from Cambridge University, Fellow of the Royal College of Physicians, Glasgow.
Dr Lee is a Director of Haw Par Corporation Ltd, and was previously a Director of the Singapore General Hospital, Hotel Properties Ltd and Premier Healthcare Services International, and was also a Member of the Singapore Government?s Review Sub-Committee on Specialists. He was past President of the Singapore Medical Council.
Dr Lee was appointed a Justice of Peace in 1998 and was conferred the Public Service Star in 1991 and the Public Service Star (Bar) in 2002.Board of Directors

 

Much of the boys i believe has taken profit just after announcment, I actually can not do any home work for any body, lossing money or alot of it is what most of them will go through, that including me too, that life is very personnal & decision made at that points in time. How ever u can do so by keeping it on a smaller scale that u can be comfort within, lossing some and win some, bottom line is have some kopi $$$. The biggest boy - Temasek holding hav't sell K1 stable yet and next big boys is Mr Green (former ambassdoiro to S'pore) K1 is into Gas & oil play, Board of Directors  (View here)

K1 VENTURES  (View here)

 

Tks for yr tips! Hmm, can you be my tutor to help me do my homework? Do I hav to lose lots of money to learn?

 

Yoz teeth, can you check if today rally is setup by the big boys? you posting of big boys entering really boost the confidences of us here who is still vested in K1.

 

Good times  is all depend on oneself prefer U you ur home work 1st for other stock, can consider stocks eg: CNersave and Mangus (buy on a dip).

 

Buy on dip and that depending on big boys (players) still remain vested, nearer to announcment date for payment, px is likely to move up a little.

 

Hey Teeth 53, how much vested interested do you have and what price you bought? Is it a good time to buy now?

 

That is a distribution not dividend, wonder if distribution needs to pay taxes?

Seriously, as a investment company, i rather K1 keep it to invest overseas and pay debts.

However, too bad its main shareholder is temasek which suck suck all the money away to pay for overpriced company oversea!

 

Hi all,

Anyone has any news when will they process their dividend?  Price has gone down since their last report.  Any of the gurus have insights?

Thanks.

 

starting to move again...

 

slight pullback as those sitting at 345c previous will probably cash out at 40c already.. hence must have patience as good stocks tend to move up slowly... if its too fast... no support level at all... right now the support at 37-38c...... i hope i am correct

 

Wishes all, good luck to all vested.

 

What is the TA like now? Close at $0.38

 

Thanks allantanhc,

Guess the price of this counter will be fluctuating around this range till then..

Enjoy the weekend.

 

  According to K1 Venture's posting on SGX, the date will be annunced later. I think it needs to go through the due process of seeking approvals.

 

Any idea when the capital distribution will be done?



Thanks.