Perennial China Retail Trust
17-03-2014, 10:14 AM
They valued PCRT at 0.70 but people are selling at 0.555 ?
“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. 
17-03-2014, 10:16 AM
(17-03-2014, 10:14 AM)cfa Wrote: They valued PCRT at 0.70 but people are selling at 0.555 ? coz it is paid using 'monopoly money' not cold hard cash?
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
17-03-2014, 10:24 AM
(17-03-2014, 10:03 AM)greengiraffe Wrote: So Basically the formula if anyone is looking to peg PCRT shares to St James is as follows: Hello gg , u meant PCRT only worth 0.03669 ?
“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.
17-03-2014, 10:33 AM
(17-03-2014, 10:24 AM)cfa Wrote:(17-03-2014, 10:03 AM)greengiraffe Wrote: So Basically the formula if anyone is looking to peg PCRT shares to St James is as follows: Correction: PCRT = St James X 50 X 0.5242
17-03-2014, 10:34 AM
(17-03-2014, 09:58 AM)opmi Wrote: As per this morning annc, I thot the placement share issue to Ron Sim cancelled.... Is it a Ordinary Resolution or Special Resolution? It should be a Special Resolution base on changes in the proposal, IMO.
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
17-03-2014, 10:39 AM
(17-03-2014, 10:33 AM)greengiraffe Wrote:(17-03-2014, 10:24 AM)cfa Wrote:(17-03-2014, 10:03 AM)greengiraffe Wrote: So Basically the formula if anyone is looking to peg PCRT shares to St James is as follows: So PCRT =1.834 ?
“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.
17-03-2014, 10:44 AM
Previous swap price of St James is at $1.176 compared to revised this morning at $1.3553. Whereas the value of PCRT is previously at $0.70, after revising the factor to 0.524, they deem PCRT at $0.7102. In this way, PCRT shareholders are swapping at a much higher price than before..
Secondly, you don't know what their main motive and game plan is for the folks above. Much discount to be given for this risk..
17-03-2014, 10:46 AM
(17-03-2014, 10:39 AM)cfa Wrote:(17-03-2014, 10:33 AM)greengiraffe Wrote:(17-03-2014, 10:24 AM)cfa Wrote:(17-03-2014, 10:03 AM)greengiraffe Wrote: So Basically the formula if anyone is looking to peg PCRT shares to St James is as follows: That's true. but think again.. St James after share conso - $0.07 x 50k = $3.50 PCRT = $1.834 vs St James = $3.50 ?? Arbitrage?
17-03-2014, 10:51 AM
(17-03-2014, 10:34 AM)CityFarmer Wrote:(17-03-2014, 09:58 AM)opmi Wrote: As per this morning annc, I thot the placement share issue to Ron Sim cancelled.... looking at past RTO: globalinvscom, yingli, smsummit. Only Ordinary Resolutions approval level is needed.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
17-03-2014, 10:52 AM
(17-03-2014, 10:46 AM)DP28 Wrote:(17-03-2014, 10:39 AM)cfa Wrote:(17-03-2014, 10:33 AM)greengiraffe Wrote:(17-03-2014, 10:24 AM)cfa Wrote:(17-03-2014, 10:03 AM)greengiraffe Wrote: So Basically the formula if anyone is looking to peg PCRT shares to St James is as follows: in terms of 'monopoly money'...which is a matter of perception anyway...hahaha...
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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