K1 Ventures

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#71
most remisiers//dealers are clueless anyway...
and I prefer to work with clueless ones...
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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#72
Helm Financial Corporation should start to roll after 8 years of rebuilding, write-downs & huge asset depreciation.
A US$50 million rebuild programme for 102 locomotives, majority
finishing in 2013.
also with news of Helm experiencing higher railcar utilisation.

What do you think the average locomotive is worth if Helm is spending close to US$0.5million on each locomotive?
Helm have 400 locomotives and another 18000 railcars.
IF each railcar is worth US$20,000 and locomotive is 0.5mill
0.5mil*400=200 , 18000*20,000=360
Total asset US$560million. minus the debt. is still, Worth more than the marketcap of K1 ventures.
Not counting the goodwill, leasing, rail yard and service asset, Rail environment solution.

What is your take ?

www.hlmx.com
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#73
Take a look at recent transactions at Guggenheim Partners

http://guggenheimpartners.com/services/s...tions.aspx
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#74
fee-based income from advisory and asset mgt should add $$$ to book value.

ask Green tomorrow lor....
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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#75
AGM today.

Don't expect our super smart and Honourable
Steven Green to tell you much.
Silence is Golden.

If you care to do a study on history of takeover
Since when, a takeover bid end up like K1 ,nothing happens
I am sure there will be another one cooking,
If not better still, a reverse takeover by KUE.

Even our legend Bruce Lee started out with ' ENTER THE DRAGON'
Well in the end he came back didn't he
for the blockbuster 'RETURN OF THE DRAGON'

This is just coffee shop talks, do your own research.
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#76
No more offer already coz the minority shareholders are positively reinforced. Meaning
by giving a thumb down to the previous offer, they are rewarded with more than 3 cents in dividends. The chance of any offer is low.

The upbeat and open tone of current annual report compared to 'ki chia liao' annual report last year.
Imply green has no intention liao.

KUE is better off listing in us. Education stocks valuation low in SG. No depth also.

Green was shareholder friendly during the years before the offer. The offer screwed up the alignment of interests temporarily. Now interests should be realigned.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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#77
Anyone attending the AGM? Live update?
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#78
(24-10-2013, 11:46 AM)opmi Wrote: No more offer already coz the minority shareholders are positively reinforced. Meaning
by giving a thumb down to the previous offer, they are rewarded with more than 3 cents in dividends. The chance of any offer is low.

The upbeat and open tone of current annual report compared to 'ki chia liao' annual report last year.
Imply green has no intention liao.

KUE is better off listing in us. Education stocks valuation low in SG. No depth also.

Green was shareholder friendly during the years before the offer. The offer screwed up the alignment of interests temporarily. Now interests should be realigned.

Timing of monetisation is interesting. My guess is Keppel wants to close shop. Greene was opportunistic. Now that offer failed Greene just had to proceed as per Keppel's wishes.

Good thing Keppel is anchor and value reputation more and K1V is but a rounding error to them. Else the GO could had been pass through with more "pattern" like some of the SME privatisations recently.
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward

Think Asset-Business-Structure (ABS)
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#79
Dear All...

Have Faith in that man
He will take us to the promised land.
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#80
Busy Bees Group sold

http://www.nurseryworld.co.uk/article/12...sions-fund
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