Neratel

(10-09-2012, 10:19 PM)WolfT Wrote: Ah Yes! on 8 aug.It is only for a short while around 1426hrs. Managed to grab a hundred lot.

Hee.. from my records but not the entire 1Mil,

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NeraTel's market price exceeds the ST's offer price of $0.45/share, after the failure of the offer

It seem right choice to reject by the Neratel's minority shareholders. Neratel does worth more than ST's offer.

I believe some someone or some fund is buying on the sly...
hmmm...maybe ex-lover coming back.
damm, looks like to have my name published on their annual yr report is dash...

(12-09-2012, 04:55 PM)CityFarmer Wrote: NeraTel's market price exceeds the ST's offer price of $0.45/share, after the failure of the offer

It seem right choice to reject by the Neratel's minority shareholders. Neratel does worth more than ST's offer.

It seems like the right choice for an overwhelming majority present at the EGM. And technically speaking the offer from ST was 39c and not 45c. The additional 6c to be paid out from the company's account did not go down well with shareholders.

So based on ST's 39c offer, Neratel price has been above that level for the whole of 2012.

(12-09-2012, 06:29 PM)lonewolf Wrote: It seems like the right choice for an overwhelming majority present at the EGM.

It's thanks to shareholders like you that others like me get the chance to become a shareholder... A very big THANK YOU!

I was also fortunate to be able to make some quick decisions to become vested after the vote failed to get thro', as I was vested in STEng then and had done some studies on Neratel cos' of their proposed scheme. Really appreciate your sharing of what transpired during the Scheme meeting.

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(12-09-2012, 05:40 PM)WolfT Wrote: I believe some someone or some fund is buying on the sly...
hmmm...maybe ex-lover coming back.

I doubt that it's STEng. Their previous Scheme approach makes me think they were not that keen...

However, since Eltek (major s/h) is serious to sell (Neratel no longer fit into their area of focus - in Power Electronics) their stake of 50.05%(?), it's only a matter of time before they find a ready buyer. Let's hope they're not desperate enough (comply to Bank's schedule of Debts repayment) to sell at a lower price than the previous 39ct....

I wonder if Ceragon is interested?? Otherwise, why are they making a claim from Eltek after the STEng Scheme failure?? No further news since then...

Quote:looks like to have my name published on their annual yr report is dash...

Can take a look at 2ndChance, they list up to the Top 50...

Anyone know why there is a spike again?

(15-10-2012, 05:16 PM)WolfT Wrote: Anyone know why there is a spike again?

It's just the usual monthly spike... Hee...

At 50ct (yesterday's close), it's still an 8% Dividend Yield stock, assuming they continue to pay 4ct dividend. So far, I don't see any threat to this payout. Perhaps we'll see some signs from their Q3 results on 18-Oct. Biz slow down due to recessions? Or booming due to ASEAN (ex-Singapore) strong growth + 4G CAPEX??? Your guess is as good as mine! Also, no follow up news on the Ceragon claims at Eltek (on failure of STEng Scheme Offer for Neratel), almost 3mths already...

This spike is chicken-feet as compared with YHS.

(16-10-2012, 09:17 AM)yeokiwi Wrote: This spike is chicken-feet as compared with YHS.

but but ... i have a lot a lot of Neratel...
Maybe my 'a lot' may not be a lot to other people!
Neratel consist of 20% of my portfolio.
A lot of people can find good stocks but don't dare to punt enough to make a difference.
But doesn't matter lar,black or white cat, as long as can catch mice, it is a good cat!

(16-10-2012, 09:33 AM)WolfT Wrote:

(16-10-2012, 09:17 AM)yeokiwi Wrote: This spike is chicken-feet as compared with YHS.

but but ... i have a lot a lot of Neratel...
Maybe my 'a lot' may not be a lot to other people!
Neratel consist of 20% of my portfolio.
A lot of people can find good stocks but don't dare to punt enough to make a difference.
But doesn't matter lar,black or white cat, as long as can catch mice, it is a good cat!

Ah... yes... A very meaningful amount... Congrats!
I do know a lot of people who'll cling on to just their 1-2 lots of multi-baggers but somehow, they don't seem to be getting any richer cos' they never ever buy a meaningful amount due to FEAR of being wrong....

PS. I'd rather have 20% (10% is fine also) of my monies in a stock that went up 25% rather than 0.xx% in a stock that went up 100%... Go figure the Math...