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Kingsmen Creatives

Kingsmen Creatives

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cyclone Offline
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#691
15-01-2013, 06:15 PM (This post was last modified: 15-01-2013, 06:19 PM by cyclone.)
A even nicer number $1.68. But I think it's daydreaming.
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Share Investor Offline
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#692
15-01-2013, 06:27 PM
More like 88 cents.
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corydorus Offline
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#693
15-01-2013, 06:29 PM
This is more and more like Striking "ToTo" at group level. LOL

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Musicwhiz Offline
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#694
15-01-2013, 06:31 PM
I think this is getting to be more and more of a guessing game.

What I will suggest is for all of us to be patient and wait 1-2 more days and we will be able to see the reason for the trading halt. Big Grin
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l0nEr Offline
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#695
15-01-2013, 08:49 PM (This post was last modified: 15-01-2013, 08:49 PM by l0nEr.)
Well... i guess its tonight or tomorrow...
SGX listing rules say trading halt maximum of 3 days.

http://rulebook.sgx.com/net_file_store/n...2011_2.pdf
A Trading Halt is a short term trading stoppage requested by an issuer to disclose material information. It is generally requested for a minimum of 30 minutes to a maximum of three market days. When a Trading Halt is being lifted, a stock will enter into the phase that the market is then in.

==> if not become suspended.
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Nick Offline
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#696
15-01-2013, 08:52 PM
(15-01-2013, 08:49 PM)l0nEr Wrote: Well... i guess its tonight or tomorrow...
SGX listing rules say trading halt maximum of 3 days.

http://rulebook.sgx.com/net_file_store/n...2011_2.pdf
A Trading Halt is a short term trading stoppage requested by an issuer to disclose material information. It is generally requested for a minimum of 30 minutes to a maximum of three market days. When a Trading Halt is being lifted, a stock will enter into the phase that the market is then in.

==> if not become suspended.

They have up to Thursday morning since the halt was issued on Monday morning.

(Vested)
Disclaimer: Please feel free to correct any error in my post. I am not liable for anything. Do your own research and analysis. I do NOT give buy or sell calls and stock tips. Buy and sell at your risk. I am not a qualified financial adviser so I do not give any advice. The postings reflects my own personal thoughts which may or may not be accurate.
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CityFarmer Offline
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#697
15-01-2013, 09:41 PM
Is it going to be sleepless nights for KC shareholders till Thursday? The sleepless nights are not due to worry, but due to anticipation... Tongue

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pianist Offline
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#698
15-01-2013, 10:07 PM
(15-01-2013, 06:15 PM)cyclone Wrote: A even nicer number $1.68. But I think it's daydreaming.
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MrValue Offline
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#699
15-01-2013, 10:51 PM
Halted for 2 days, very good chance that it is a GO.

Hope we have a cash rich trade buyer making the offer
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FFNow Offline
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#700
16-01-2013, 12:43 AM
(15-01-2013, 03:26 PM)Musicwhiz Wrote: If I were to make a guess, I would say the offerors would not pay more than a 25% premium over last done, which means a $1/share offer.

I remember reading somewhere that the average premium paid for Singapore companies that are acquired is 35%.

If this is really a GO, I should say the acquirer has gotten in at the right time before FY12's results announcement (which would have created a possible run-up in price, considering FY12's numbers should be better than last year's).
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