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28-06-2013, 10:49 AM
(This post was last modified: 28-06-2013, 05:53 PM by brattzz.)
25% bonus => 25% dilutions, expected share price adjustment... 42cts to 48cts?
200Milo notes issuance in progress.. debt..
Chairman buying back shares at 54cts... Mmmm...shows value!
Margin of safety needed...
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!
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http://infopub.sgx.com/FileOpen/Mencast%...eID=381199
Share placement to strengthen balance sheet.
(Not Vested)
Disclaimer: Please feel free to correct any error in my post. I am not liable for anything. Do your own research and analysis. I do NOT give buy or sell calls and stock tips. Buy and sell at your risk. I am not a qualified financial adviser so I do not give any advice. The postings reflects my own personal thoughts which may or may not be accurate.
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more dilutions, but in this current Maritime, O&G down-turn, not much choice left! :O
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!
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big gap downwards... now 15cts.... gosh... O&G woes has hit mencast hard.... hunker-down strategy too I guess...
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!
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Mencast's Subsidiary Secures Three-Year Contract from an Oil Supermajor*
Mencast Holdings Ltd announced that its wholly owned subsidiary, Mencast Offshore & Marine Pte. Ltd. ("MOM"), has secured a contract worth approximately S$24 million over a three-year period, from an oil Supermajor for the purchase of certain goods and services by the oil Supermajor from MOM, in connection with the MOM’s waste treatment business. The term of the Contract is approximately three-years, commencing from 1 February 2020 to 31 January 2023.
The Contract is expected to contribute positively to the Group but it has no material impact on the Group’s earnings per share and net tangible asset per share for the current financial year ending 31 December 2019.
* Supermajor is a term used to describe the world’s five largest publicly owned oil and gas companies and are usually considered to be BP plc, Chevron Corporation, ExxonMobil Corporation, Royal Dutch Shell plc and Total SA.
Specuvestor: Asset - Business - Structure.