but already announced 15/10? so today can sell wat
BullishTempo ( Date: 18-Oct-2010 09:33) Posted:
If she really sells today, so close to results date, it means quarterly results really suck. It will cause a sell-down after that.
BullishTempo ( Date: 18-Oct-2010 09:20) Posted:
If she wants to sell today, it means announcement date is at least 2 weeks away. But today GSP trend looks quite stable. Immediate resistance at 2.12, 7.9 millio
If she really sells today, so close to results date, it means quarterly results really suck. It will cause a sell-down after that.
BullishTempo ( Date: 18-Oct-2010 09:20) Posted:
If she wants to sell today, it means announcement date is at least 2 weeks away. But today GSP trend looks quite stable. Immediate resistance at 2.12, 7.9 million
No good support at the moment, sellers from 2.10 to 2.12 outnumber buyers from 2.07 to 2.09 by 3 times.
BullishTempo ( Date: 18-Oct-2010 09:20) Posted:
If she wants to sell today, it means announcement date is at least 2 weeks away. But today GSP trend looks quite stable. Immediate resistance at 2.12, 7.9 million
If she wants to sell today, it means announcement date is at least 2 weeks away. But today GSP trend looks quite stable. Immediate resistance at 2.12, 7.9 million
cannotfind ( Date: 18-Oct-2010 09:17) Posted:
so means she will be dumping the price today????
BullishTempo ( Date: 18-Oct-2010 09:12) Posted:
I pasted the securities act below. She is not allowed to sell 2 weeks before announcement date. But she can sell immediately after announcement date if she wants to.
I pasted the securities act below. She is not allowed to sell 2 weeks before announcement date. But she can sell immediately after announcement date if she wants to.
I pasted the securities act below. She is not allowed to sell 2 weeks before announcement date. But she can sell immediately after announcement date if she wants to.
17.6.6 The Securities and Futures (Amendment) Act 2009 has introduced a further requirement that corporate entities take reasonable steps to prevent market misconduct (which includes insider trading) by their employees. Rule 1207 of the SGX-ST Listing Manual also provides that a listed company should state in its annual report whether and how the company has adopted an internal compliance code to provide guidance to its officers with regard to dealings by the company and its officers in its securities. The annual report should also state whether the listed company and its officers dealt in the company's securities during the no-dealing period which commences two weeks before the announcement of the issuer's results for the first three quarters of its financial year or one month before the announcement of the half year or financial year results, as the case may be, and ending on the date of announcement of the relevant results. However, adherence to the guidelines and to any additional internal codes adopted by the company does not provide a defence to an action for insider trading under s 218 and 219 of SFA.
Option usually has expire date right?? Can't hold too long... best is to converter to Share at its lowest price. Correct me if i am wrong :)
bladez87 ( Date: 18-Oct-2010 08:10) Posted:
there you have it! bull analysed for us liao. she plans to sell at the spike. meaning the 3rd qtr should be good enough to cause a bull run but might not sustain?
cannotfind ( Date: 18-Oct-2010 01:15) Posted:
errr... means good or not... tired la... cannot analyse.... I am flying again on Tuesday morning
She can only sell 4 weeks after she exercised her share options, which coincides with the results announcement date. My take is that she plans to sell some shortly after the spike when the results are announced.
Ah_Seng ( Date: 17-Oct-2010 07:58) Posted:
NOTICE OF A DIRECTOR'S (INCLUDING A DIRECTOR WHO IS A SUBSTANTIAL SHAREHOLDER) INTEREST AND CHANGE IN INTEREST *
* Asterisks denote mandatory information
"DISCLAIMER:- This announcement was prepared and issued by the below mentioned listed issuer to the Exchange. The Exchange assumes no responsibility for the correctness of any of the statements made, opinions expressed or reports contained in this announcement and is posting this announcement on SGXNET for the sole purpose of dissemination only. In the event of any queries or clarification required in respect of any matters arising from this announcement, such queries are to be made to the listed issuer directly and not to the Exchange. The Exchange shall not be liable for any losses or damages howsoever arising as a result of the circulation, publication and dissemination of this announcement."
Name of Announcer *
GENTING SINGAPORE PLC
Company Registration No.
003846V
Announcement submitted on behalf of
GENTING SINGAPORE PLC
Announcement is submitted with respect to *
GENTING SINGAPORE PLC
Announcement is submitted by *
Christine Tan
Designation *
Assistant Secretary
Date & Time of Broadcast
15-Oct-2010 17:49:22
Announcement No.
00075
>> ANNOUNCEMENT DETAILS
The details of the announcement start here ...
>> PART I
1.
Date of notice to issuer *
15-10-2010
2.
Name of Director *
Tan Sri Lim Kok Thay
3.
Please tick one or more appropriate box(es): *
Notice of a Director's (including a director who is a substantial shareholder) Interest and Change in Interest. [Please complete Part II and IV]
>> PART II
1.
Date of change of Interest
14-10-2010
2.
Name of Registered Holder
Tan Sri Lim Kok Thay
3.
Circumstance(s) giving rise to the interest or change in interest
Exercise of Share Options/Convertibles
# Please specify details
4.
Information relating to shares held in the name of the Registered Holder
No. of Shares held before the change
987,600
As a percentage of issued share capital
0.008 %
No. of Shares which are subject of this notice
2,971,000
As a percentage of issued share capital
0.024 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received
0.1579
No. of Shares held after the change
3,958,600
As a percentage of issued share capital
0.033 %
>> PART III
1.
Date of change of [Select Option]
2.
The change in the percentage level
From % To %
3.
Circumstance(s) giving rise to the interest or change in interest
[Select Option]
# Please specify details
4.
A statement of whether the change in the percentage level is the result of a transaction or a series of transactions:
>> PART IV
1.
Holdings of Director , including direct and deemed interest :
Direct
Deemed
No. of shares held before the change
987,600
0
As a percentage of issued share capital
0.008 %
0 %
No. of shares held after the change
3,958,600
0
As a percentage of issued share capital
0.033 %
0 %
Footnotes
(1) The amount of consideration per share referred to above is in US$.
(2) The percentages of interest referred to before the change are computed based on 12,169,718,207 issued shares as at 12 April 2010.
(3) The percentages of interest referred to on and after the change are computed based on 12,179,365,207 issued shares as at 14 October 2010.
Singapore shares may see a weak start on Monday after the Dow Jones <.DJI> fell on concerns over bank exposure to the US mortgage market and the Singapore Exchange(SGXL.SI) reported a worse-than-expected fall in quarterly net profit. Singapore’s Straits Times Index gained 0.3% to 3,204.27 on Oct 15.
Shares of Singapore Exchange, Asia’s second-largest listed bourse by market value, may open lower after it reported its July-September net profit fell 21% to $74.2 million due to lower trading volumes and higher technology-related expenses.
Here are some other stocks and factors to watch:
Shares of Global Logistic Properties (GLPL.SI) could jump by up to 10% when it debuts in Singapore on Monday, according to a median forecast of five analysts polled by Reuters. The firm said its initial public offering of 1.13 billion shares, the second-biggest ever in the city-state, was heavily over-subscribed.
Singapore Airlines (SIAL.SI), the world’s second-biggest airline by market value, said on Friday it filled 69.9% of the space available on its planes for passengers and cargo in September. The figure was higher than 68.1% recorded in August, but lower than 70.3% in September 2009.
Property developer GuocoLand (GUOC.SI) said its net profit for the three months ended Sept 30 was up 9% at $13.4 million. Its revenue rose 15% to $109.9 million from $95.7 million due to higher contribution from residential projects in Singapore.
GuocoLeisure (GLL SP): The hotel and investment group with businesses in the UK, US and Asia said first-quarter profit increased 39% to US$16.7 million ($21.7 million). Guocoleisure lost 0.7% to 67.5 cents.
Wastewater treatment firm United Envirotech (UNIT.SI) said it will issue 32 million Taiwan depository receipts at NT$15.60 (66.2 cents), with each TDR representing 1.25 ordinary shares.
Parkway Life Real Estate Investment Trust (PREIT SP): The trust partly-owned by Asia’s biggest hospital operator is considering investing in the local nursing-home market, the local press reported, citing Chief Executive Officer Yong Yean Chau. Its shares rose 0.6% to $1.66.
there you have it! bull analysed for us liao. she plans to sell at the spike. meaning the 3rd qtr should be good enough to cause a bull run but might not sustain?
cannotfind ( Date: 18-Oct-2010 01:15) Posted:
errr... means good or not... tired la... cannot analyse.... I am flying again on Tuesday morning.
bladez87 ( Date: 17-Oct-2010 08:12) Posted:
lets see, if she expects genting to soar nonstop, then she will not be in a rush to convert.
but if she expects the price to soar and dip after that, then that would explain why she convert cause she plans to sell after the bull run. which might mean the 3rd qtr results not that good.
or it can be that she just happy happy convert to increase holdings.
Wow, assistant secretary with almost 4 million shares. It is worth more than $8 million at current market value. She can retire young after this if she wants to already.
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