OLS Enterprise   

Transcu

This is the lines along which I am thinking too...I was actually waiting for .5 cents as well, now thinking to go in big at .6 and wait for the date! Wondering whether worth it to hold my trigger for a week or more before jumping in, but usually the market reacts a little early to news coming out a week or so later, as all thinking the same - not to jump in when the climb has already begun, rather when the climb seems imminent.

JMS213      ( Date: 04-Nov-2013 11:45) Posted: Rabbitfoot, your analysis may be flawed. I was thinking about what you said " I alrdy feeling numb with this trans San. Last fri before 5, someone just dumped big time. Already nimble, want to buy also, also bo lat alrdy"   You are RIGHT AND YET WRONG. You see ... The announcement was made TODAY, so those people who SELL might BE HAVING the same thinking as what you said ........ " FEELING NUMB" IF ONLY THEY KNEW THAT TRANSCU'S AGM AND EGM IS ON 20 NOV   ..... QUESTION IS WOULD THEY CHOOSE TO SELL AT 0.5 CTS ...  NOW THE TIDE IS CHANGING ... NOW I THINKING SHOULD I MOVE MY BUY TO  0.6 CTS INSTEAD

 

Rabbitfoot, your analysis may be flawed. I was thinking about what you said " I alrdy feeling numb with this trans San. Last fri before 5, someone just dumped big time. Already nimble, want to buy also, also bo lat alrdy"  

You are RIGHT AND YET WRONG. You see ...

The announcement was made TODAY, so those people who SELL might BE HAVING the same thinking as what you said ........ " FEELING NUMB"

IF ONLY THEY KNEW THAT TRANSCU'S AGM AND EGM IS ON 20 NOV   ..... QUESTION IS WOULD THEY CHOOSE TO SELL AT 0.5 CTS ... 

NOW THE TIDE IS CHANGING ... NOW I THINKING SHOULD I MOVE MY BUY TO  0.6 CTS INSTEAD 

 

Important thing is when the company is optimistic about the future, then it would be a good buy It should be saying something about this and because trust is very important, I will treat it at face value when they have spoken.

All directors of Singapore  listed companies must make it a point to make it  a practice  that their word is their honour!!!  Must create  credibility to have a good Singapore brand identification like the Singapore passport wanted by every foreigner.    Without honour and credibility they will pull the country down.

Hope against hope....

JMS213      ( Date: 04-Nov-2013 11:17) Posted: Veteran, if they don't sell how to buy cheap leh .... less than 15 days left .... I'm waiting for durians to drop ..... 0.5 cts Not forgetting the subscriber got in at around 0.6 cts  rabbitfoot      ( Date: 04-Nov-2013 10:09) Posted: I alrdy feeling numb with this trans San. Last fri before 5, someone just dumped big time. Already nimble, want to buy also, also bo lat alrdy

 

Veteran, if they don't sell how to buy cheap leh .... less than 15 days left .... I'm waiting for durians to drop ..... 0.5 cts

Not forgetting the subscriber got in at around 0.6 cts 

rabbitfoot      ( Date: 04-Nov-2013 10:09) Posted: I alrdy feeling numb with this trans San. Last fri before 5, someone just dumped big time. Already nimble, want to buy also, also bo lat alrdy

 

Pennies are considered the gateway to make it big in the stock market when they springs forth from their low valuation.

With pennies, the market flourishes, without them most retailer players would shy away leaving the long term buy hold investors. 

Make dreams come true.  Pennies spike, pennies spike and make it happy for the whole world. 

Joy of giving coming....Merry Christmas 20 days to go....

 

UPRR18      ( Date: 04-Nov-2013 09:03) Posted: All Seniors, please advise is this the time to enter .... now they have financial backing. I have exited before and have been waiting.  Today's Transcu's announcement ... Schedule for EGM and AGM. Is this the turning point ??? NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of TRANSCU GROUP LIMITED (the " Company" ) will be held at Lavender III Room, Hotel Fort Canning, 11 Canning Walk, Singapore 178881, on 20 November 2013 at 10:00 AM for the purpose of considering, and if thought fit, passing, with or without modifications, the following ordinary resolutions: All capitalized terms in this Notice which are not defined herein shall have the same meaning ascribed to them in the circular dated 4 November 2013 to Shareholders (" Circular" ). ORDINARY RESOLUTION 1: THE PROPOSED ISSUE OF 1.0% EQUITY LINKED REDEEMABLE STRUCTURED CONVERTIBLE NOTES DUE 2016 WITH AN AGGREGATE PRINCIPAL AMOUNT OF UP TO S$50,000,000 COMPRISING THREE TRANCHES TO ADVANCE OPPORTUNITIES FUND THAT approval be and is hereby given to the Directors: (a)                to create and issue to Advance Opportunities Fund (the " Subscriber" ) 1.0% equity linked redeemable structured convertible notes (" Notes" ) due 2016 with an aggregate principal amount of up to S$50,000,000 in three tranches of principal amounts of S$15,000,000 (" Tranche 1 Notes" ), S$15,000,000 (" Tranche 2 Notes" ) and S$20,000,000 (" Tranche 3 Notes" ) respectively, each comprising sub-tranches of (i) Tranche 1 Notes comprising 15 equal sub-tranches of S$1,000,000 each (ii) Tranche 2 Notes comprising ten (10) equal sub-tranches of S$1,500,000 each and (iii) Tranche 3 Notes comprising ten (10) equal sub-tranches of S$2,000,000 each, such Notes to be convertible, at the option of the holder thereof, into new ordinary shares of the Company (the " Conversion Shares" ) at a conversion price (the " Conversion Price" ) determined in accordance with the terms and conditions of the Notes and subject to such adjustments as the terms and conditions of Notes may provide and on such other terms and conditions as the Directors may decide and (b) to take such steps, make such amendments to the terms and conditions of the Notes or to any documents and exercise such discretion as they may from time to time deem fit, advisable, desirable, expedient or necessary to give full effect to this Resolution 1. ORDINARY RESOLUTION 2: THE PROPOSED ALLOTMENT AND ISSUE OF THE CONVERSION SHARES TO THE SUBSCRIBER OR SUCH HOLDERS OF THE NOTES THAT subject to and contingent upon the passing of Resolution 1, approval be and is hereby given to the Directors: (a)    to allot and issue: i.              such number of Conversion Shares as may be required or permitted to be allotted or issued on the conversion of the Notes, to the holders of the Notes on the conversion thereof, subject to and otherwise in accordance with the terms and conditions of the Notes, whereby such Conversion Shares shall rank pari passu in all respects with the then existing shares of the Company except for any dividend, rights, allotment or other distributions the record date for which is before the relevant conversion date of the Notes and ii.            on the same basis as paragraph (a)(i) above, such further Conversion Shares as may be required to be allotted and issued on the conversion of any of the Notes upon the adjustment of the Conversion Price in accordance with the terms and conditions of the Notes and (b)                to take such steps, make such amendments, alterations or modifications to any documents and exercise such discretion as they may from time to time deem fit, advisable, desirable, expedient or necessary to give full effect to this Resolution 2. ORDINARY RESOLUTION 3: THE PROPOSED ALLOTMENT AND ISSUE OF THE COMMITMENT SHARES TO THE SUBSCRIBER THAT subject to and contingent upon the passing of Resolution 1, approval be and is hereby given to the Directors: (a)                to allot and issue new ordinary shares of the Company to the Subscriber in satisfaction of the commitment fees in relation to the Proposed Issue (" Commitment Shares" )  equivalent to (i) S$150,000 in respect of Tranche 1 (ii) S$150,000 in respect of Tranche 2 Notes and (iii) S$200,000 in respect of Tranche 3 Notes, at the Commitment Issue Price, pursuant to which such Commitment Shares shall rank pari passu in all respects with the then existing shares of the Company except for any dividend, rights, allotment or other distributions the record date for which is before the relevant date of issuance of the Commitment Shares and (b)                to take such steps, make such amendments, alterations or modifications to any documents and exercise such discretion as they may from time to time deem fit advisable, desirable, expedient or necessary to give full effect to this Resolution 3. ORDINARY RESOLUTION 4: THE PROPOSED ALLOTMENT AND ISSUE OF THE CONVERSION SHARES AND THE COMMITMENT SHARES TO THE SUBSCRIBER CONSTITUTING THE TRANSFER OF A CONTROLLING INTEREST IN THE COMPANY TO THE SUBSCRIBER PURSUANT TO RULE 803 OF THE LISTING MANUAL THAT subject to and contingent upon the passing of Resolutions 1, 2 and 3, approval be and is hereby given to the Directors: (a)                allot and issue the Conversion Shares and the Commitment Shares to the Subscriber subject to, and in accordance with the terms and conditions of the Subscription Agreement and the terms and conditions of the Notes, such issuance of Conversion Shares and Commitment Shares to the Subscriber constituting the transfer of a controlling interest in the Company to the Subscriber pursuant to Rule 803 of the Listing Manual and (b)                to take such steps, make such amendments, alterations or modifications to any documents and exercise such discretion as they may from time to time deem fit, advisable, desirable, expedient or necessary to give full effect to this Resolution 4. BY ORDER OF THE BOARD TRANSCU GROUP LIMITED Lawrence Rikio Komo Executive Director and Chief Executive Officer 4 November 2013

 

DID THIS POST FOR CHINA FISHERY AND READ YOUR MESSAGES. AFTER THROUGH YOUR COMMENTS.   AGREED WITH SOME OF YOUR COMMENTS.  DECIDE TO JEEP JUST ENTER $2,000 LOTS. IF CONTINUE TO GO UP WILL JEEP MORE ....

WONDERFUL CHRISTMAS !!!

Lift your head high and hear what the Senior Executive of Goldman Sachs has to say,     " You look at corporates in the US, basically corporates in the world are in phenomenally good shape, they've got more cash on their balance sheet than they've had in a long period of time."   - Gary Cohn, Goldman Sachs president and chief operating officer THE US Federal Reserve is likely to begin tapering only in the second half of 2014 as the US economy remains sluggish, said Gary Cohn, Goldman Sachs president and chief operating officer. HAVE A WONDERFUL CHRISTMAS !!! CHEERS

 

I alrdy feeling numb with this trans San. Last fri before 5, someone just dumped big time. Already nimble, want to buy also, also bo lat alrdy

 

Just really want the senior bros' advise on the matter, so " bumped" the post up...finger is on the trigger, but very inexperienced so looking for a little guidance is all.

 

Bump? meaning? Pardon me for being ignorance

aj2invest      ( Date: 04-Nov-2013 09:32) Posted: Bump

 

Aj2invest, thanks ..... got you. Feel free to comment .... Cheers

 

Bump

 

ANYBODY, 

IT THIS THE " MOMENT OF TRUTH"   WE HAVE BEEN WAITING FOR .......

PLEASE COMMENT, ......... 

 

Yes, please do advise!

 

All Seniors, please advise is this the time to enter .... now they have financial backing. I have exited before and have been waiting.  Today's Transcu's announcement ... Schedule for EGM and AGM. Is this the turning point ???

NOTICE OF EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of TRANSCU GROUP LIMITED (the " Company" ) will be held at Lavender III Room, Hotel Fort Canning, 11 Canning Walk, Singapore 178881, on 20 November 2013 at 10:00 AM for the purpose of considering, and if thought fit, passing, with or without modifications, the following ordinary resolutions:

All capitalized terms in this Notice which are not defined herein shall have the same meaning ascribed to them in the circular dated 4 November 2013 to Shareholders (" Circular" ).

ORDINARY RESOLUTION 1:

THE PROPOSED ISSUE OF 1.0% EQUITY LINKED REDEEMABLE STRUCTURED CONVERTIBLE NOTES DUE 2016 WITH AN AGGREGATE PRINCIPAL AMOUNT OF UP TO S$50,000,000 COMPRISING THREE TRANCHES TO ADVANCE OPPORTUNITIES FUND

THAT approval be and is hereby given to the Directors:

(a)                to create and issue to Advance Opportunities Fund (the " Subscriber" ) 1.0% equity linked redeemable structured convertible notes (" Notes" ) due 2016 with an aggregate principal amount of up to S$50,000,000 in three tranches of principal amounts of S$15,000,000 (" Tranche 1 Notes" ), S$15,000,000 (" Tranche 2 Notes" ) and S$20,000,000 (" Tranche 3 Notes" ) respectively, each comprising sub-tranches of (i) Tranche 1 Notes comprising 15 equal sub-tranches of S$1,000,000 each (ii) Tranche 2 Notes comprising ten (10) equal sub-tranches of S$1,500,000 each and (iii) Tranche 3 Notes comprising ten (10) equal sub-tranches of S$2,000,000 each, such Notes to be convertible, at the option of the holder thereof, into new ordinary shares of the Company (the " Conversion Shares" ) at a conversion price (the " Conversion Price" ) determined in accordance with the terms and conditions of the Notes and subject to such adjustments as the terms and conditions of Notes may provide and on such other terms and conditions as the Directors may decide and

(b) to take such steps, make such amendments to the terms and conditions of the Notes or to any documents and exercise such discretion as they may from time to time deem fit, advisable, desirable, expedient or necessary to give full effect to this Resolution 1.

ORDINARY RESOLUTION 2:

THE PROPOSED ALLOTMENT AND ISSUE OF THE CONVERSION SHARES TO THE SUBSCRIBER OR SUCH HOLDERS OF THE NOTES

THAT subject to and contingent upon the passing of Resolution 1, approval be and is hereby given to the Directors: (a)    to allot and issue:

i.              such number of Conversion Shares as may be required or permitted to be allotted or issued on the conversion of the Notes, to the holders of the Notes on the conversion thereof, subject to and otherwise in accordance with the terms and conditions of the Notes, whereby such Conversion Shares shall rank pari passu in all respects with the then existing shares of the Company except for any dividend, rights, allotment or other distributions the record date for which is before the relevant conversion date of the Notes and

ii.            on the same basis as paragraph (a)(i) above, such further Conversion Shares as may be required to be allotted and issued on the conversion of any of the Notes upon the adjustment of the Conversion Price in accordance with the terms and conditions of the Notes and

(b)                to take such steps, make such amendments, alterations or modifications to any documents and exercise such discretion as they may from time to time deem fit, advisable, desirable, expedient or necessary to give full effect to this Resolution 2.

ORDINARY RESOLUTION 3: THE PROPOSED ALLOTMENT AND ISSUE OF THE COMMITMENT SHARES TO THE SUBSCRIBER THAT subject to and contingent upon the passing of Resolution 1, approval be and is hereby given to the Directors:

(a)                to allot and issue new ordinary shares of the Company to the Subscriber in satisfaction of the commitment fees in relation to the Proposed Issue (" Commitment Shares" )  equivalent to (i) S$150,000 in respect of Tranche 1 (ii) S$150,000 in respect of Tranche 2 Notes and (iii) S$200,000 in respect of Tranche 3 Notes, at the Commitment Issue Price, pursuant to which such Commitment Shares shall rank pari passu in all respects with the then existing shares of the Company except for any dividend, rights, allotment or other distributions the record date for which is before the relevant date of issuance of the Commitment Shares and

(b)                to take such steps, make such amendments, alterations or modifications to any documents and exercise such discretion as they may from time to time deem fit advisable, desirable, expedient or necessary to give full effect to this Resolution 3.

ORDINARY RESOLUTION 4:

THE PROPOSED ALLOTMENT AND ISSUE OF THE CONVERSION SHARES AND THE COMMITMENT SHARES TO THE SUBSCRIBER CONSTITUTING THE TRANSFER OF A CONTROLLING INTEREST IN THE COMPANY TO THE SUBSCRIBER PURSUANT TO RULE 803 OF THE LISTING MANUAL

THAT subject to and contingent upon the passing of Resolutions 1, 2 and 3, approval be and is hereby given to the Directors:

(a)                allot and issue the Conversion Shares and the Commitment Shares to the Subscriber subject to, and in accordance with the terms and conditions of the Subscription Agreement and the terms and conditions of the Notes, such issuance of Conversion Shares and Commitment Shares to the Subscriber constituting the transfer of a controlling interest in the Company to the Subscriber pursuant to Rule 803 of the Listing Manual and

(b)                to take such steps, make such amendments, alterations or modifications to any documents and exercise such discretion as they may from time to time deem fit, advisable, desirable, expedient or necessary to give full effect to this Resolution 4.

BY ORDER OF THE BOARD

TRANSCU GROUP LIMITED

Lawrence Rikio Komo Executive Director and Chief Executive Officer

4 November 2013

 

If they have $47 million cash after subscription, then they could be very capable of turning the around.

Shareholders should verify this with the company and request for an official statement via press release or press conference as the objective of listed companies to share important information should be paramount whenever such information becomes conflicting due to inherent written mistakes and that corrections being made are somewhat not crystal clear. 

Thus as always be cautious and seek the full disclosure before going in a big way. 

mb7269      ( Date: 01-Nov-2013 15:57) Posted: transcu should do roadshow to let investors know what exactly is their product and at what stage they currently are. give confidence to investors, where is the IR?

 

transcu should do roadshow to let investors know what exactly is their product and at what stage they currently are.

give confidence to investors, where is the IR? 

 

Applicable only to Singapore hoh. LOl

new6ie      ( Date: 01-Nov-2013 12:51) Posted: Transcu is a perfect example of how trading in stocks can make one very poor.   That's why I like people who have not touched to reconsider and reconsider and reconsider not to learn how to trade stocks.   Your father and his father before him had worked so hard to raise everyone, but if you go the stock trading way, all their hard work and family fortune could be wiped out just like snapping your fingers.

 

Transcu is a perfect example of how trading in stocks can make one very poor.   That's why I like people who have not touched to reconsider and reconsider and reconsider not to learn how to trade stocks.   Your father and his father before him had worked so hard to raise everyone, but if you go the stock trading way, all their hard work and family fortune could be wiped out just like snapping your fingers. 

 

almost there..... may be i should wait at .003 since .005 is very likey to achieve soon.

Lower can come lower.. 

mb7269      ( Date: 17-Oct-2013 23:53) Posted: waiting at 5 cts...