ValueBuddies.com : Value Investing Forum - Singapore, Hong Kong, U.S. › ValueBuddies.com › Singapore Listed Companies › C - C v
CapitaMalls Asia

CapitaMalls Asia

Thread Rating:
  • 3 Vote(s) - 2.33 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Temperament Offline
Posting Freak
*****
Posts: 3,474
Threads: 95
Joined: Jul 2011
Reputation: 17
#261
29-04-2014, 10:24 PM (This post was last modified: 29-04-2014, 10:24 PM by Temperament.)
(29-04-2014, 09:44 PM)MINX Wrote: CMA is worth at least $2.50 to $2.60, don't shortchange yourself and sell for anything less.
Just receive the the circular of offer today.Common sense will tell you nobody going to offer you something better then " intrinsic" value. i always wait till the last minute to see what the market going to do . If the market agrees what can i do?
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Find
Reply
MINX Offline
Member
***
Posts: 232
Threads: 0
Joined: Apr 2013
Reputation: 3
#262
30-04-2014, 11:18 AM
(29-04-2014, 10:24 PM)Temperament Wrote:
(29-04-2014, 09:44 PM)MINX Wrote: CMA is worth at least $2.50 to $2.60, don't shortchange yourself and sell for anything less.
Just receive the the circular of offer today.Common sense will tell you nobody going to offer you something better then " intrinsic" value. i always wait till the last minute to see what the market going to do . If the market agrees what can i do?
I think it has more to do with a mindset. The shares are currently owned by you. If all minority shareholders do not accept the offer, they are forced to come back with a more compelling offer for the simple reason that CMA is simply worth it.
Find
Reply
intellect Offline
Member
***
Posts: 66
Threads: 0
Joined: Oct 2010
Reputation: 1
#263
01-05-2014, 12:51 AM
(25-04-2014, 08:28 PM)egghead Wrote: 70.3% as of today. Interestingly, out of 113 million shares transacted today, they only managed to buy 60 million shares. Who bought the other 53 millions?

Dealings Disclosure 25 Apr

Seem like they have stopped buying after reaching 70.51%. No further notice in SGX website.

Let see if they can get the remaining 9.49% through their offer.Sleepy
Find
Reply
starcraft_76 Offline
Member
***
Posts: 100
Threads: 2
Joined: Aug 2013
Reputation: 1
#264
01-05-2014, 05:40 AM
(01-05-2014, 12:51 AM)intellect Wrote:
(25-04-2014, 08:28 PM)egghead Wrote: 70.3% as of today. Interestingly, out of 113 million shares transacted today, they only managed to buy 60 million shares. Who bought the other 53 millions?

Dealings Disclosure 25 Apr

Seem like they have stopped buying after reaching 70.51%. No further notice in SGX website.

Let see if they can get the remaining 9.49% through their offer.Sleepy

Should be remaining 19.49% to reach 90%. right?
Find
Reply
egghead Offline
Senior Member
****
Posts: 692
Threads: 1
Joined: Dec 2010
Reputation: 7
#265
01-05-2014, 10:55 AM
Most transactions this week are done at prices above the offer of $2.23/$2.21 which is beyond the reach of the current offer of $2.22/$2.2025 - meaning very few seller left willing to accept the offer.
Find
Reply
intellect Offline
Member
***
Posts: 66
Threads: 0
Joined: Oct 2010
Reputation: 1
#266
01-05-2014, 11:04 PM (This post was last modified: 01-05-2014, 11:06 PM by intellect.)
(01-05-2014, 05:40 AM)starcraft_76 Wrote:
(01-05-2014, 12:51 AM)intellect Wrote:
(25-04-2014, 08:28 PM)egghead Wrote: 70.3% as of today. Interestingly, out of 113 million shares transacted today, they only managed to buy 60 million shares. Who bought the other 53 millions?

Dealings Disclosure 25 Apr

Seem like they have stopped buying after reaching 70.51%. No further notice in SGX website.

Let see if they can get the remaining 9.49% through their offer.Sleepy

Should be remaining 19.49% to reach 90%. right?

Ops, fail my mental sum. Tongue

(01-05-2014, 10:55 AM)egghead Wrote: Most transactions this week are done at prices above the offer of $2.23/$2.21 which is beyond the reach of the current offer of $2.22/$2.2025 - meaning very few seller left willing to accept the offer.

A glimpse of hope for us. Smile
Find
Reply
lonewolf Offline
Senior Member
****
Posts: 650
Threads: 11
Joined: Dec 2010
Reputation: 7
#267
02-05-2014, 03:22 PM
Another 1,253,000 bought at $2.20 on 30 Apr 2014.

Total shares owned by concerted parties of CL = 2,743,155,708 (70.4%)

Dealing Disclosure dated 2 May 2014
Find
Reply
smallcaps Offline
Senior Member
****
Posts: 820
Threads: 12
Joined: Jun 2012
Reputation: 7
#268
02-05-2014, 05:47 PM
Summary for today from BTInvest
Majority of volume (87%) is by bigger players at above offer price.

   
Find
Reply
MINX Offline
Member
***
Posts: 232
Threads: 0
Joined: Apr 2013
Reputation: 3
#269
02-05-2014, 07:46 PM
(02-05-2014, 05:47 PM)smallcaps Wrote: Summary for today from BTInvest
Majority of volume (87%) is by bigger players at above offer price.
What does that mean? There is going to be a higher offer for CMA by a third party?
Find
Reply
MINX Offline
Member
***
Posts: 232
Threads: 0
Joined: Apr 2013
Reputation: 3
#270
05-05-2014, 02:36 PM
Temasek bought CMA shares at $2.22.
Find
Reply


Forum Jump:


Users browsing this thread: 9 Guest(s)