Kingsmen Creatives

[Musicwhiz]

It is good to note that Kingsmen continues to expand and broaden its reach, this announcement sees it setting up a subsidiary in Kunshan (China) with a paid-up capital of US$3 million.

[dydx]

As one of the laggards in the current market advance, Kingsmen hit a new high of $0.775 this Friday afternoon. Would Mr Market lift this prime-prime counter higher towards its justified fair value? I certainly hope so. Based on the longer 'buy' queue when compared with the 'sell' queue, it does give me quite a bit of confidence.

[FFNow]

A short clip on Robinsons, one of Kingsmen's clients. Good to see Robinsons expanding into the suburbs. When its clients do well, Kingsmen does well.

http://info.channelnewsasia.com/videopla...eymind.gif

[ngcheeki]

Trading is halted pending for an announcement. Good news is coming up???

http://info.sgx.com/webcorannc.nsf/Annou...endocument

[RBM]

For me ............. I hope this morning's trading halt announcement is related to a major contract win rather than a G.O. Kingsmen has so much further upside to realise on its own ............. before being bought-out.

I'm mindfull of the surge in Kingsmen's share price towards the end of Friday's Trading Session (ref. dydx's posting # 652 on this thread). So lets see!

Just my two cents.
Vested

Trading is halted pending for an announcement. Good news is coming up???

http://info.sgx.com/webcorannc.nsf/Annou...endocument

[dydx]

It is really not a matter of "if" but "when" the 2 founders will sell their combined controlling stake, and when they do so, it should be at a good price, and a GO to privatize Kingsmen will follow as a matter of course.

[yeokiwi]

Monday halt means that a deal has been put together over the weekend.
The friday surge is also implying that some had gotten some clues of a deal going on.

A GO is highly possible or a share placement(but, Kingsmen does not really need any more capital)

With a good FY12, it is highly likely some may want to buy Kingsmen before they declare the dividends and record earning.

[brattzz]

if it's GO, i hope the offer price is GREAT for this GREAT little company! yeah!
$1.20!!

[Musicwhiz]

I was surprised to see the Trading Halt this morning. A few possibilities come to mind:-

1) Placement of Shares - A new strategic substantial shareholder emerges who owns >5% of the Company (besides the Dutch Fund). Placement is to raise funds for acquisition of new premises for 2016 when their current lease expires.

2) Rights Issue - Quite unlikely as the two founders own 50% and would have to cough up a lot of their own money to support this.

3) Major Contract Win - A high probability as theme parks news has been active these past few months around the region.

4) M&A by Kingsmen - Also a possibility as they would be looking to expand through acquisitions and not just organically, though from my communications with the Company I feel that they prefer to grow organically. Hence, not a high chance.

5) Privatization of Kingsmen - A distinct possbility, though I would not bet on a good price being offered at this juncture.

Let's wait and see.

[valuestalker]

Acquire property for new hq? But then the timing is awkward.