First day of trading after being lifted for resuming trading saw a gap down and closed lowered at 1.92 coupled with high volume looks rather negative!
If 1.90 cannot hold then she may likely go further down to 1.87 then 1.80 with extension to 1.73.
Pls dyodd.
Chart wise, bullish mode!
Likely to see further upwards movement!
Short term wise, I think likely to rise up to retest 1.60 again!
A nice breakout smoothly accompanied with high volume that may likely drive the price higher towards 1.66 then 1.70.
Pls dyodd.
Chart wise, she is gaining momentum and likely to rise further up from the current price level.
Short term wise, I think she is rising up to retest 1.21+1.22 again! A nice breakout smoothly plus good volume that may likely drive the price higher towards 1.25 with extension to 1.32.
Estimating yearly dpu of 8.5 cents. Yield is about 7.1% at 1.19 looks rather interesting!
Pls dyodd.
Chart wise, bullish mode!
Likely to continue to trend higher!
Short term wise, I think likely to move up to 1.94!
A nice breakout of 1.94 smoothly plus good volume that may likely drive the price higher towards 2.00 then 2.05 with extension to 2.10.
Pls dyodd.
Wah, the verdict is out!
MCT is buying over Mnact at an offer price of :
satisfied by either:
Plan A.
0.5963 new MCT Units (the “Consideration Units”) at an issue price of S$2.0039 per
MNACT Unit (the “Scrip-Only Consideration”); or
Plan B.
a combination of 0.5009 Consideration Units and S$0.1912 in cash (the “Cash-and-Scrip
Consideration”)
This implies a gross exchange ratio of 0.5963x. By way of illustration, if the Trust Scheme becomes
effective in accordance with the terms, an MNACT Unitholder holding 10,000 MNACT units will
receive 5,963 MCT Units should they elect to receive the Scrip-Only Consideration or 5,009 MCT
Units and S$1,912 in cash should they elect to receive the Cash-and-Scrip Consideration.
The aggregate Scheme Consideration (the “Total Scheme Consideration”) is S$4,215.6 million,
comprising a combination of no more than S$417.3 million in cash (the “Cash Consideration”)
(being 9.9% of the Total Scheme Consideration) .
Most probably I will go for Plan B.
If got Plan C all cash offer, I would certainly go for it.
Pls dyodd.
Both counters trading halted pending announcement, looks rather interesting!
I think market are waiting anxiously for the company announcement! It might be a M&A or ...
I think this might be something quite similar to previous cmt & cct merging into one entity!
I think if M&A offering price may be around 1.50-1.60 range..
Not a call to buy or sell.
Pls dyodd.
Chart wise, she is slowly rising up looks rather interesting!
Short term wise, I think likely to rise up to retest 2.75. A nice breakout smoothly plus good volume that may likely drive the price higher towards 2.82 then 2.90 with extension to 2.97.
Result is due on 25th Jan 2022, dividend is coming!
Pls dyodd.
