Next week fans. Next week will see whether Uncle Sam will Live or Die :) Same to his brother Uncle TG, next week will be their destiny determination week.
Frankly, with the full conversion of the ICULS, I just cannot see why SAM (Temasek) would want to dilute their shares further. I for one will be mighty glad if they continue to pay good dividend.
There is no dilution on the part of temasek. Since they owned practically all the outstanding ICULS, when they do convert, Which they eventually will since it expires sept 2017, temasek will end up owning more than 80+ % of SAM. Together with their CEO and parties in concert, easily 85% or more.
If I was temasek, aerospace engineering is their newest division yet showing the strongest growth with visible recognition from the clients. Therefore, it's simply makes great economic sense for them to privatize this now and then realist it later at even greater earnings multiple. Back of envelope calculation shows even if they were to offer $10 a share, that would only equate to RM 300 mil or SGD 100 mil - pittance for temasek
Otherwise, there is an often quoted speculation of a bonus or share split to address the illiquidity or free float. Whichever you lol at it, some corporate exercise is in the offing and as long as they can replenish that already huge order book, what is there not to like about this stock?
As I've said, I continue to load up on Sam on weakness at the support levels I've revealed before.
as i said.....next week monday gap up just my prediction
Posted by itudia > Nov 8, 2015 09:25 AM | Report Abuse
aiyo, what else do we want? price has more than doubled the last few mths!!!! u expect to double up again the next few weeks? ban ban tan! this is long term investment counter...certainly there will be snowstorms along the journey!!!! but the snow does not affect my journey!!!
Just because "price has more than doubled the last few mths!!!!", it doesn't means that next week monday cannot gap up
Posted by itudia > Nov 8, 2015 09:25 AM | Report Abuse
aiyo, what else do we want? price has more than doubled the last few mths!!!! u expect to double up again the next few weeks? ban ban tan! this is long term investment counter...certainly there will be snowstorms along the journey!!!! but the snow does not affect my journey!!!
RoseTan, Luxchem may look attractive, but as I take a glimpse beyond the curtain, I can't bury my infatuation with P.I.E. even though the moody Uncle Sam may grunt in disapproval.
Sorry for not join in the chorus while Luxchem sings.
I pray that my infatuation won't turn out to be a <Fatal Attraction>.
You're not shy; You get around; You wanna fly; Don't want your feet on the ground; Got fire in your veins; Burning hot, but you don't feel the pain; Your desire is insane; You can't stop, until you do it again;
Sometimes I wonder; When I look in you eyes; Maybe you're thinkin; Of some other guy; But I know, yes I know; How to treat you right; That's why you call me; In the middle of the night;
Yeah, looking at the last 3 years, their sept quarter report is usually out by end Oct or latest by 5 nov last year. Maybe this time, they have too much receipts and they are having a hard time counting the money. Hehehe
Judging from price today, looks highly likely will be out after market close. Last chance to top up?
heard Santa comes early this year, this year come as uncle SAM.. the upcoming quater report sure kaboom.. still reconsired to topup more. if got bonus/warrrant or split.. sure will slash rm 10
Passion will be paid soon.. I remember when I bought Inari after GE13.. that time market was so bad.. I don't know why I keep accumulating Inari in which my cost is below RM0.40.. I sold all around RM3.00.. Saving me 20 years hard saving income.. !!! So be passion.. you will be rewarded..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
greatful
1,644 posts
Posted by greatful > 2015-11-05 21:08 | Report Abuse
Next week fans. Next week will see whether Uncle Sam will Live or Die :)
Same to his brother Uncle TG, next week will be their destiny determination week.