Ha..when spore1 said oversold...should increase stake leh. ^_^
from $2.28 to $2.47.good profit.
Wah lau, who says there are problem with the coy n kept selling down? I always mkt here controlled by chng kays. If they are not on the table u are in, u can wait till the cows come home n even diamond px will keep falling.
from $2.28 to $2.47.good profit.
from $2.28 to $2.47.
good profit.
Tdy good rally . Is gd to lock in profit
Wow very strong rebound. May be some Fund r buying
M1 is way too oversold. Look for a rebound soon.http://sporeshare.blog spot.sg/2016/01/m1.html
Will this = to insider trading if the keppel divestment is true?
LONG time didn' t see their director buying back share. I think this is rather a boost of confidence.. quite positive
orange pipe finally give ang bao after all the blood shed the last few months
Moving up the channel..
Wow very strong rebound. May be some Fund r buying
M1 is way too oversold. Look for a rebound soon.http://sporeshare.blog spot.sg/2016/01/m1.html
Hmm...^_^
LONG time didn' t see their director buying back share. I think this is rather a boost of confidence.. quite positive
Choo Chiau Beng bought 100,000 M1 shares at 2.32. Perhaps Keppel will be divesting M1 at a higher price...,
im surprise this M1 like only 10mil cash, and over 300mil debt that they need to pay this year.. maybe they will borrow fresh loans from bank to repay this year' s debt..
Dead cat bounced and .. died again :-b
Again trade SingTel better
(Bloomberg) -- Temasek Holdings Pte is discussing options for portfolio companies Keppel Corp. and Sembcorp Industries Ltd., ranging from divesting their non-core assets to selling shares, as the two Singaporean rig builders grapple with the oil-price slump, people with knowledge of the matter said.
The state investment company is weighing the possibility of Keppel selling its 19.1 percent stake in wireless operator M1 Ltd. and paring its 44.6 percent interest in office landlord Keppel REIT, the people said, asking not to be identified as the information is private. The Keppel holdings were worth S$1.6 billion ($1.1 billion) at Tuesday&rsquo s close, data compiled by Bloomberg show. M1 shares rose 4 percent, the most since November 2014, to S$2.33 at the close in Singapore on Tuesday.
Temasek executives also discussed the possibility of Keppel and Sembcorp Industries selling stock through rights offerings, the people said. The options, presented Monday during a regular meeting to review portfolio companies, focused on how Temasek can preserve the value of its investments amid a downturn in the oil-rig sector and will be shared with the two companies&rsquo boards, the people said.
Orders at Keppel and Sembcorp&rsquo s marine unit, the world&rsquo s No. 1 and No. 2 makers of oil rigs, dropped in 2015 to their weakest levels in six years as falling crude prices crimped demand for drilling equipment. The two companies also face cancellation risks from a major client in Brazil, which is embroiled in a corruption probe and hasn&rsquo t been able to pay the two Singapore companies since November 2014.
&ldquo This year, Keppel might need more working capital for their offshore and marine business,&rdquo Joel Ng, an analyst at KGI Fraser Securities Pte in Singapore, said by phone Tuesday. &ldquo The problems on the offshore and marine side are starting to become more evident now.&rdquo
