Reply to @kbl : My name is not so long........................................................................ I think over a long, long time into the future (I do not when...??) OCBC will want take GE private. In fact, OCBC has been trying to do so all this while. Buy a bit at a time as it gets expensive As you pointed out, that was already two years ago. Based on your numbers, buying off 685,400 shares at $24.90 is already a $17m price tag, and only increase the percentage by 0.15%. But again, I don't think it is the priority. I think OCBC is more interested in regional expansion than taking GE private. So, wait long, lomg...
Reply to @edsim : True. Not just the trade war alone. Many things can affect the final results. The trade war adds more uncertainties to the equation and elevate the overall risk level.
Excellent sharing. Thanks. Also think they are gunning for expansion in greater bay area.
Lately, there is a trend of naming a place 'greater' to create hype.
Singapore has 'Greater' southern waterfront. Why is it 'greater' nobody knows.
Reply to @DareDevil : I also think so. Our 'Greater' is completely different scale compare to China's 'Greater'. Any 2nd-tier city would have population more than 5 million.
Good Happy Monday Morning Big Boss BrennenPak sir and All In IN....wave...
GreatEastern Holding-
On 17th Aug 2017 OCBC bot 685,400shares at S$24.90 per share.
The purchase has increased OCBC bank's shareholding in GEH from 87.75% to 87.90%
https://links.sgx.com/1.0.0/corporate-anno...
https://links.sgx.com/FileOpen/Great%20Eas...
Vested Oldpot OCBC and GEH. Not a call to Buy or Sell and Katek
Reply to @kbl : My name is not so long........................................................................ I think over a long, long time into the future (I do not when...??) OCBC will want take GE private. In fact, OCBC has been trying to do so all this while. Buy a bit at a time as it gets expensive As you pointed out, that was already two years ago. Based on your numbers, buying off 685,400 shares at $24.90 is already a $17m price tag, and only increase the percentage by 0.15%. But again, I don't think it is the priority. I think OCBC is more interested in regional expansion than taking GE private. So, wait long, lomg...
nav, eps will be deluted as more shares flood the market
Reply to @edsim : True. Not just the trade war alone. Many things can affect the final results. The trade war adds more uncertainties to the equation and elevate the overall risk level.
Excellent sharing. Thanks. Also think they are gunning for expansion in greater bay area.
Lately, there is a trend of naming a place 'greater' to create hype.
Singapore has 'Greater' southern waterfront. Why is it 'greater' nobody knows.
Reply to @DareDevil : I also think so. Our 'Greater' is completely different scale compare to China's 'Greater'. Any 2nd-tier city would have population more than 5 million.