ValueBuddies.com : Value Investing Forum - Singapore, Hong Kong, U.S. › ValueBuddies.com › Singapore Listed Companies › S - S v
SuperBowl Holdings

SuperBowl Holdings

Thread Rating:
  • 1 Vote(s) - 5 Average
  • 1
  • 2
  • 3
  • 4
  • 5
crabcrab Offline
Member
***
Posts: 271
Threads: 5
Joined: Dec 2010
Reputation: 3
#31
05-10-2013, 08:42 PM
No news, yet??
Find
Reply
CY09 Offline
Moderator
*****
Posts: 2,302
Threads: 27
Joined: Jul 2012
Reputation: 41
#32
05-10-2013, 11:31 PM (This post was last modified: 05-10-2013, 11:33 PM by CY09.)
I guess we have to wait till mon 8 am plus to hear the news. Hopefully its a takeover bid at a good price (>75 cents). but the incident seems to be badly handled by Superbowl, it seems like the stock was running up quickly the few days prior to this trading halt. It was only after the trading query that superbowl seems to notice it and put a trading halt immediately

<vested>
Find
Reply
camelking Offline
Member
***
Posts: 342
Threads: 2
Joined: Jul 2011
Reputation: 0
#33
06-10-2013, 08:53 AM
probably rushing out the offer letter/terms last couple of days...

look at 80 cents at least.....
Find
Reply
crabcrab Offline
Member
***
Posts: 271
Threads: 5
Joined: Dec 2010
Reputation: 3
#34
06-10-2013, 11:18 AM (This post was last modified: 06-10-2013, 11:31 AM by crabcrab.)
Maybe or perhaps, they were caught off guard not monitoring their screen on the morning when there is a sudden run up of shares price... Hmm, maybe $0.75, $0.80, $0.85, $0.90, $0.95, $1.00, $1.05, $1.10, $1.15 or $1.20 or >$1.20 when trading halt lifted.?
Find
Reply
crabcrab Offline
Member
***
Posts: 271
Threads: 5
Joined: Dec 2010
Reputation: 3
#35
06-10-2013, 04:54 PM
May be a failed bid if offer price less than $1.00...
Find
Reply
camelking Offline
Member
***
Posts: 342
Threads: 2
Joined: Jul 2011
Reputation: 0
#36
06-10-2013, 08:50 PM
even if the offer fails, the price post offer won't be at 50cents anymore...

Smile
Find
Reply
crabcrab Offline
Member
***
Posts: 271
Threads: 5
Joined: Dec 2010
Reputation: 3
#37
07-10-2013, 10:46 AM
Halt almost 1 week already still not announce anything??
Find
Reply
camelking Offline
Member
***
Posts: 342
Threads: 2
Joined: Jul 2011
Reputation: 0
#38
07-10-2013, 11:13 AM
guess the longer the wait, the better it is...
no?
Find
Reply
crabcrab Offline
Member
***
Posts: 271
Threads: 5
Joined: Dec 2010
Reputation: 3
#39
07-10-2013, 07:30 PM
(07-10-2013, 11:13 AM)camelking Wrote: guess the longer the wait, the better it is...
no?

Today is the 6th day of trading halt, till now no news yet...... then it must be a very very substantial 'corporate restructuring exercise'... Tongue
Find
Reply
TheMillennium Offline
Member
***
Posts: 108
Threads: 3
Joined: Apr 2013
Reputation: 2
#40
07-10-2013, 09:32 PM
PRE-CONDITIONAL VOLUNTARY GENERAL OFFER

For each SuperBowl Share, S$0.75 in cash (the “Offer Price”).

http://infopub.sgx.com/FileOpen/Pre_Cond...eID=258922
Patience is a virtue.
Find
Reply


Forum Jump:


Users browsing this thread: 2 Guest(s)