04-06-2014, 05:23 PM
(30-05-2014, 09:49 PM)greengiraffe Wrote: [ -> ]Unconditional...
http://infopub.sgx.com/FileOpen/HPL%20-%...eID=299439
GG...are you holding or going to accept?
(30-05-2014, 09:49 PM)greengiraffe Wrote: [ -> ]Unconditional...
http://infopub.sgx.com/FileOpen/HPL%20-%...eID=299439
(04-06-2014, 05:23 PM)investor2014 Wrote: [ -> ](30-05-2014, 09:49 PM)greengiraffe Wrote: [ -> ]Unconditional...
http://infopub.sgx.com/FileOpen/HPL%20-%...eID=299439
GG...are you holding or going to accept?
(04-06-2014, 05:42 PM)greengiraffe Wrote: [ -> ](04-06-2014, 05:23 PM)investor2014 Wrote: [ -> ](30-05-2014, 09:49 PM)greengiraffe Wrote: [ -> ]Unconditional...
http://infopub.sgx.com/FileOpen/HPL%20-%...eID=299439
GG...are you holding or going to accept?
Can 100 shares change anyone's life?
Odd Lots vested
GG
(02-06-2014, 11:38 PM)investor2014 Wrote: [ -> ](26-05-2014, 01:42 PM)greengiraffe Wrote: [ -> ]68 Hldgs getting stocks from punters that were betting further upside that is not coming through after a revision of initial offer.
Can't beat OBS unless you have stamina for the long hual...
just as current example for refernece:
a current example would be olam. after the offer of 2.23 closed, the share price traded below 2.23 for a few days.
however, it has traded around 2.30 for the past 2 days, with decent volume of almost 20 million last fri.
while olam is in a different sector from CMA, we could potentially use this as a reference.
(06-06-2014, 07:36 AM)greengiraffe Wrote: [ -> ]http://www.businesstimes.com.sg/premium/...d-20140606
PUBLISHED JUNE 06, 2014
No change in CIMB view despite higher HPL bid
Latest offer of $4.05, up from $4, still 'fair and reasonable'; no change in recommendations either
BYLYNETTE KHOO
lynkhoo@sph.com.sg @LynetteKhooBT
THE second revised buyout offer for Hotel Properties Limited (HPL) is deemed to be "fair and reasonable" by the independent financial adviser to HPL. 68 Holdings, a consortium led by tycoon Ong Beng Seng and Wheelock Properties, had raised its bid a second time to $4.05 per share last month.
CIMB's opinion on the offer is unchanged from its earlier report issued after the consortium first raised its offer price from $3.50 a share to $4. The updated report by CIMB was released in a supplementary letter to shareholders by HPL's board of directors yesterday.
On the second revised offer of $4.05 a share, CIMB's recommendations to HPL shareholders are also unchanged.
It said that those who wish to realise their investments in the near term should accept the offer or sell their shares in the open market, but those who are confident of their investments in HPL and the company's prospects should reject the revised offer.
(06-06-2014, 08:39 AM)opmi Wrote: [ -> ]Unlocking HPL value takes demolishing and construction.
So will take at least 3 years.
I still believe the car park will be gone. To be replaced by a multiple storey underground carpark and retail/hotel above.
Sent from my iPhone using Tapatalk