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(20-12-2012, 08:46 AM)corydorus Wrote: If I am muddy, once shares are released back, I will start to buy the mother share to take advantage on the bounce back. Take profit by shorting first then force olam and temasek to support, and then buy more of the mother share to enjoy the ride up. Afterwhich, another attack by selling to take profit again.
It will be difficult for MW to try this trick repeatedly and still gain profit.
Since this whole issue came to light, the brokers and financial institutions have been paying attention to who is the party borrowing shares for shorting. Once they know its MW again, they will front-run MW anticipated actions and thus the impact/profit won't match what MW had earlier on.
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This transaction just 1,000 shares By temasek ?
http://info.sgx.com/webcoranncatth.nsf/V...900524920/$file/20Dec2012-InterestChange_Form3-Temasek.pdf?openelement
“risk comes from not knowing what you’re doing.”
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(20-12-2012, 09:54 AM)cfa Wrote: This transaction just 1,000 shares By temasek ?
http://info.sgx.com/webcoranncatth.nsf/V...900524920/$file/20Dec2012-InterestChange_Form3-Temasek.pdf?openelement
A case of showing support without committing too much funds.
Then again, the previous transaction was 200,000 shares. Perhaps they intended to buy 201,000 in total but missed out the last 1,000.
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(20-12-2012, 09:19 AM)level13 Wrote: (20-12-2012, 08:46 AM)corydorus Wrote: If I am muddy, once shares are released back, I will start to buy the mother share to take advantage on the bounce back. Take profit by shorting first then force olam and temasek to support, and then buy more of the mother share to enjoy the ride up. Afterwhich, another attack by selling to take profit again.
It will be difficult for MW to try this trick repeatedly and still gain profit.
Since this whole issue came to light, the brokers and financial institutions have been paying attention to who is the party borrowing shares for shorting. Once they know its MW again, they will front-run MW anticipated actions and thus the impact/profit won't match what MW had earlier on.
Short sellers will sell as quietly as possible like super top secret, after building up their positions, they will talk down the counters that they short. They will cover back their positions when price head south. MW should have covered most of their positions few days after the release of their research report to the public.
“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
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not exactly only 200,000 or 1,000.
if you see the change of ownership, Temasek bought more than 24 million. the 200K or 1K just for reporting purpose only, not reflecting the actual change of ownership.
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20-12-2012, 12:01 PM
(This post was last modified: 20-12-2012, 12:06 PM by cif5000.)
(20-12-2012, 10:18 AM)freedom Wrote: not exactly only 200,000 or 1,000.
if you see the change of ownership, Temasek bought more than 24 million. the 200K or 1K just for reporting purpose only, not reflecting the actual change of ownership.
Some may already knew this but allow me add on.
Substantial shareholders are required to file for their change of interest only when the difference amount to a full percentage point change. In this case, Temasek filed when it hit 17% and then again at 18%. It's the last transaction that triggers the change that requires the filing. What goes on in between don't have to be reported.
So from 18% onward, Temasek can buy from the market and still remain quiet until it hits 19%.
Requirements for CEO and Directors are different. They have to report whenever they make a market transaction.
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(20-12-2012, 12:01 PM)cif5000 Wrote: (20-12-2012, 10:18 AM)freedom Wrote: not exactly only 200,000 or 1,000.
if you see the change of ownership, Temasek bought more than 24 million. the 200K or 1K just for reporting purpose only, not reflecting the actual change of ownership.
Some may already knew this but allow me add on.
Substantial shareholders are required to file for their change of interest only when the difference amount to a full percentage point change. In this case, Temasek filed when it hit 17% and then again at 18%. It's the last transaction that triggers the change that requires the filing. What goes on in between don't have to be reported.
So from 18% onward, Temasek can buy from the market and still remain quiet until it hits 19%.
Requirements for CEO and Directors are different. They have to report whenever they make a market transaction.
Excellence info from cif5000, To add-on
The requirements are from Securities and Futures Act (Cap. 289) Part VII (Disclosure of Interests). The requirements had been simplified and enhanced recently (i.e. Nov 2012)
Previously the disclosure requirements are in separate acts and rules, but now it is streamlined into one, only in SFA.
The previous corresponding rules in listing manual had been obsoleted after Nov 2012. This is the reason we saw new format of the disclosure
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(20-12-2012, 09:19 AM)level13 Wrote: (20-12-2012, 08:46 AM)corydorus Wrote: If I am muddy, once shares are released back, I will start to buy the mother share to take advantage on the bounce back. Take profit by shorting first then force olam and temasek to support, and then buy more of the mother share to enjoy the ride up. Afterwhich, another attack by selling to take profit again.
It will be difficult for MW to try this trick repeatedly and still gain profit.
Since this whole issue came to light, the brokers and financial institutions have been paying attention to who is the party borrowing shares for shorting. Once they know its MW again, they will front-run MW anticipated actions and thus the impact/profit won't match what MW had earlier on.
Institutions can borrow without actually shorting. You wil have to pay borrowing cost to the lenders. Only the custodian will know whether you shorted the inventory
(21-12-2012, 02:35 PM)CityFarmer Wrote: (20-12-2012, 12:01 PM)cif5000 Wrote: (20-12-2012, 10:18 AM)freedom Wrote: not exactly only 200,000 or 1,000.
if you see the change of ownership, Temasek bought more than 24 million. the 200K or 1K just for reporting purpose only, not reflecting the actual change of ownership.
Some may already knew this but allow me add on.
Substantial shareholders are required to file for their change of interest only when the difference amount to a full percentage point change. In this case, Temasek filed when it hit 17% and then again at 18%. It's the last transaction that triggers the change that requires the filing. What goes on in between don't have to be reported.
So from 18% onward, Temasek can buy from the market and still remain quiet until it hits 19%.
Requirements for CEO and Directors are different. They have to report whenever they make a market transaction.
Excellence info from cif5000, To add-on
The requirements are from Securities and Futures Act (Cap. 289) Part VII (Disclosure of Interests). The requirements had been simplified and enhanced recently (i.e. Nov 2012)
Previously the disclosure requirements are in separate acts and rules, but now it is streamlined into one, only in SFA.
The previous corresponding rules in listing manual had been obsoleted after Nov 2012. This is the reason we saw new format of the disclosure
Any changes to the "creeping rule" in the new regime in Nov 2012?
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
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(22-12-2012, 01:09 AM)specuvestor Wrote: Any changes to the "creeping rule" in the new regime in Nov 2012?
"creeping rule" as major shareholder creeping via placement without seeking approval from shareholders?
I did not go into detail, but worth to take a look...
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For bonds , no need at all.
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