sitia

sitia | Joined since 2017-05-28

Investing Experience -
Risk Profile -

Followers

1

Following

2

Blog Posts

0

Threads

1,261

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
1,261
Past 30 days
0
Past 7 days
0
Today
0

User Comments
Stock

2017-12-14 16:04 | Report Abuse

I don't mind keeping the shares too. I'll be happy to collect low too.

Stock

2017-12-14 15:35 | Report Abuse

They will adjust the price???

Stock

2017-12-12 16:33 | Report Abuse

any price at 7 /75 is go to go in

Stock

2017-12-12 16:28 | Report Abuse

Yup, the chart show strong changes of turning up

Stock

2017-12-12 15:59 | Report Abuse

simon2020, why do you quoted in Sg dollar? U from Sg?

Stock

2017-12-11 23:06 | Report Abuse

Need time to digest

Stock

2017-12-11 23:04 | Report Abuse

The coming 15 Dec, is crucial

Stock

2017-12-11 10:41 | Report Abuse

@Micheal Wong, its quite low for 2

Stock

2017-12-11 10:21 | Report Abuse

Micheal Wong, so how much do you think FGV should settle?

Stock

2017-12-11 10:09 | Report Abuse

those wait long long for 1.50/60.....what if the price is going from 2.50? NO?

Stock

2017-12-11 10:08 | Report Abuse

When many think the price will drop, that is usually time it will rise

Stock

2017-12-10 23:37 | Report Abuse

dam82, how do u see the shares are still undervalued? Please explain

Stock

2017-12-10 20:57 | Report Abuse

By 15th Dec, direction is CLEARER.

Hope HSS can give a better offer please.

Stock

2017-12-10 20:54 | Report Abuse

ah_kit @sitia, sorry if I bring unpleasant feelings to you but I am trying to let you know the risks. That's all. I'm not from Hovid and the reason I created this account is also to join in this conversation. I'm also same as you hoping that the acceptance rate doesnt reach 75%. But the difference between us is that I'm hoping HSS doesnt make higher offer while you will definitely hope for a higher offer. Anyways, let's wait till 29th see how la. =) All the best!
08/12/2017 19:35

why do you hope they HSS doesn't make higher offer???

I think any humanbeing will want a better offer price right?

Can you explain please? You have sold your shares right? (because you hope they don't offer higher price?

Stock

2017-12-10 20:52 | Report Abuse

ah_kit If the major shareholders still remain the price and can't reach 75% by 29th Dec, I bet the share price will be thrown down to around 20 cents on 2nd Jan 2018 when market reopens. I'm waiting for the bargain to collect some and keep for 2-3 years for the profit to start kicking in. A great company to keep in the long term!

Stock

2017-12-10 20:51 | Report Abuse

* Note:
Why the offerors gave a higher premium of 45.02% for Warrants compared to only 20.55% for Ordinary Shares?, why the disparity in premium offered for Warrants & Ordinary Shares?, if they offer the same premium of 45.02% for Ordinary Shares, the offer price should be 45 sens.
simon2020

Stock

2017-12-10 20:41 | Report Abuse

Key note is JO (JOINT OFFEROR) by 27 Dec,

If their offer achieved 75% or NOT (by 50%),
*
*
If JO still keep price at 38 cents (assuming they REFUSED to change the price or increase the price)
*
*
like it or not, once they reached >50% OR >75%,
JO have the power to delist thro approval from Bursa.
*
*
WHOEVER DIDN'T SELL THEIR SHARES ARE FORCED TO SELL AT 38 CENTS REGARDLESS!
..........
(Am I correct?)

from simon2020,
What it basically means is that:
i). If HSS announce that they have achieved 75% or more by 27 December, the offer automatically becomes unconditional (means those who have accepted the offer at the prevailing offer price i.e. 38 sens or more if the offer price is revised will be paid the offer price). However, HSS can also revise the Acceptance Level to lower than 75% but not less than 50%, to make the Offer Unconditional in order to keep the shares (acquired at a relatively cheap price of 38 sens) of those who accepted the offer earlier and pay the prevailing offer price i.e. 38 sens or more).

Stock

2017-12-10 03:35 | Report Abuse

At wallstreet101, good question. This company have not really turnaround at the moment

Stock

2017-12-10 03:23 | Report Abuse

I need a final clarification. If Hovid failed to delist, those who have accepted the offer, will they have their shares refunded ..?

Stock

2017-12-08 21:29 | Report Abuse

I have withdrawn my acceptance and it's going to stay that way. Either Hovid will accept more than 75% is no longer my concern now. Like many, I'll keep it long term.

ah_kit, you're most welcome to join us for follow ups and sharing on Hovid.

Notes taken on you and simon2020.

Stock

2017-12-08 19:02 | Report Abuse

Wah... u wait until 88 only u sound here lah. Now back to 69. Wah.....

Stock

2017-12-08 18:59 | Report Abuse

Ah-kit; your boss should know better ; his company cannot be this cheap ma

Stock

2017-12-08 18:57 | Report Abuse

Just go back tell your boss; any intention of bringing down the price I will buy...

Stock

2017-12-08 18:57 | Report Abuse

Ah-kit ; I think you are on HSS side. U just created new ID to comment on Hovid.
Are u from Hovid ?

Stock

2017-12-08 16:31 | Report Abuse

why explode no comment one? Talk so much

Stock

2017-12-08 16:22 | Report Abuse

My opinion, they will make sure to delist no matter what

Stock

2017-12-08 16:18 | Report Abuse

I was thinking the same too

Stock

2017-12-08 15:31 | Report Abuse

Looks like everybody is wanting a piece of FGV and calling for price to fall.

Stock

2017-12-08 15:24 | Report Abuse

dgsb have found the bottom so far. Ensure will stay to break out soon

Stock

2017-12-08 14:45 | Report Abuse

simon2020, why got people like ak kit think this way? Can share?

Stock

2017-12-08 14:42 | Report Abuse

elvin88, how to pm u?

Stock

2017-12-08 14:40 | Report Abuse

it doesn't make any sense if the shares will down to 20 cts.

HSS have set a benchmark, and it is very lightly will go under.

Stock

2017-12-08 14:18 | Report Abuse

ah_kit, this is scary. Some of us holding at 33-37......

Stock

2017-12-07 19:57 | Report Abuse

Az Muzick, better don't tarnish somebody with no evident. I have fate with elvin88

Stock

2017-12-07 19:37 | Report Abuse

Joshk and Kahlen, still in "proposed"

Stock

2017-12-07 17:55 | Report Abuse

What is the benefit to transfer to main board?

Stock

2017-12-07 17:54 | Report Abuse

On behalf of the Board of Directors of Oceancash (“Board”), Affin Hwang Investment Bank Berhad (“Affin Hwang IB”) wishes to announce that the Company proposes to undertake the following:



(i) proposed transfer of the listing of and quotation for the entire issued shares of Oceancash from the ACE Market to the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“Proposed Transfer”); and



(ii) proposed amendment to the Constitution of Oceancash to facilitate the implementation of the Proposed Transfer (“Proposed Amendment”);



(collectively referred to as the “Proposals”).



Please refer to the attachment for further details on the Proposals.





This announcement is dated 7 December 2017.

Stock

2017-12-07 16:54 | Report Abuse

I will wait towards 15 Dec then

Stock

2017-12-07 16:41 | Report Abuse

simon2020,

That is "future earning prediction" whist it's not evident for the price to be 76 cents yet.

Stock

2017-12-07 15:35 | Report Abuse

Thanks Simn2020, for adding the clarity to Hovid shares transaction.

Nobody for now willing to buy Hovid at 38 cents and if this continuous, what other direction are we anticipating ?

How can Hovid price be pushed up besides a better offer by HSS?

Stock

2017-12-07 15:30 | Report Abuse

stay strong OCNCASH. If you keep selling down at 76/8, there is no point.

Stock

2017-12-07 15:25 | Report Abuse

Elvin88, very high possibility you will be selling it

Stock

2017-12-07 15:25 | Report Abuse

If it's just a formation of head and shoulder....then, it's not good still.

Stock

2017-12-07 15:23 | Report Abuse

Elvin88, 2 cts is positive. But for a chart to turn back uptrend, need to break at least 30 cts

Stock

2017-12-07 15:23 | Report Abuse

ocncash, a darling stock yet?

Stock

2017-12-07 15:21 | Report Abuse

Curious2, do look into the annual reports dated Feb 2017.
Substantial holders are mainly made of foreigners and EPF inclusive of Great Eastern , KWAP, EPF too.

They have been there all these while.

Another good information as to why Media will bleed another round.

Maturity of the borrowing debts this coming 11th and 28th DEC 2017.

Director have resigned and anticipate restructuring.

Let's see how much the price will find its bottom first.

I can only conclude: MS BUYING MEDIA HAS NO BENEFIT TO RETAILERS.

Stock

2017-12-06 16:04 | Report Abuse

Hold tight tight

Stock

2017-12-06 16:03 | Report Abuse

who was the guy who said MBSB 1.05???????