LimKokBoon

LimKokBoon | Joined since 2014-02-26

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Stock

2020-07-15 18:04 | Report Abuse

Not a direct announcement on purchase of Latexx but going to purchase a glove company or companies anyway

Already making gloves sales and income at the moment?

Stock

2020-07-14 14:21 | Report Abuse

NTA 0.07 plus listing status 0.03 totalled 0.10, this has been done a few times

Stock

2020-07-09 15:05 | Report Abuse

Just correction, any distribution?

Stock

2020-07-08 17:09 | Report Abuse

Mental fatigue set in just hours too early for SuperWisdom, wasted

Stock

2020-07-08 17:07 | Report Abuse

That Lee Fei Fei knew something.....

Stock

2020-07-08 14:24 | Report Abuse

Based on my limited understanding, I think there is no distribution because I see the Buy % is so high for all the prices

Stock

2020-07-08 09:23 | Report Abuse

Now there is decisiveness in the price movement that indicates a deal may be closed.

Stock

2020-07-07 17:04 | Report Abuse

Yes, the price movement lacking the decisiveness that indicates a deal is closed.

Maybe at this point the negotiation is progressing well whereby an initial understanding on major points has been reached but pending the ok from HQ.

Stock

2020-07-07 14:58 | Report Abuse

How a distribution stage looks like?

Stock

2020-07-07 14:53 | Report Abuse

SuperWisdom do you sense distribution? I am not good at this thing

Stock

2020-07-05 15:29 | Report Abuse

Need to have a basis to value MQTECH so that even if it has limit up upon announcement you still dare to buy....

Upon announcement of successful completion of the purchase one time limit up is almost certain as MQTECH will then be Latexx the gloves company.

Stock

2020-07-05 15:25 | Report Abuse

Another way to deal with the risk that the deal is aborted is to only buy upon announcement of the successful completion of the purchase.

In this case, what is basis to value MQTECH with the inclusion of Latexx?

Stock

2020-07-03 17:18 | Report Abuse

Looks like an ok deal.

Rather clean, just buying over the production plants and machinery.

Are the plants and machinery currently running and producing?

Stock

2020-07-03 16:37 | Report Abuse

Got announcement, Anzo deal is real, as such, giving confidence MQTECH purchase of Latexx will materialize.

Stock

2020-07-03 14:21 | Report Abuse

But Anzo shows RTO is workable

Stock

2020-07-03 14:21 | Report Abuse

Anzo cannot be with Semperit AG

Stock

2020-07-03 13:18 | Report Abuse

Anzo using just 50m to 60m must be RTO.

RTO same as MQTECH and Semperit for Latexx

Stock

2020-07-03 11:07 | Report Abuse

Negotiation appears still ongoing, else price would have collapsed.

Now, everyone is holding their breath, waiting.

Stock

2020-07-03 09:24 | Report Abuse

An avalanche of buying means negotiation is positive

An avalanche of selling means negotiation is negative

At the moment, it is in KIV mode.

No selling. No buying.

Stock

2020-07-02 14:51 | Report Abuse

Then... it is about time......

Stock

2020-07-02 14:50 | Report Abuse

Is mental fatigue setting in?

Stock

2020-07-02 08:34 | Report Abuse

If Semperit were to do anything on Latexx if will be with MQTECH.

TG already out of the picture.

Stock

2020-07-01 09:32 | Report Abuse

The two parties should have come to an understanding if the deal should proceed to next stage within a reasonable time.

What is a reasonable time?

In this case, think 1 month.

But this is just my guess.

We should look for other markers.

Based on timing, think Ms Lee came in wholly due to this deal.

Stock

2020-06-30 15:54 | Report Abuse

Actually it is TG which may have a problem buying Latexx

MQTECH has no such problem as ACE is more lenient as follows


There are no specific minimum eligibility requirements for admittance to the
ACE Market as there is no minimum operating track record or profit requirement.
Any type of company can be listed on the ACE Market provided the ACE Market
Listing Requirements, where relevant, have been complied with

Stock

2020-06-30 15:51 | Report Abuse

Action has moved to the WA, buying non stop

Stock

2020-06-30 09:13 | Report Abuse

People are selling because of the lousy quarter results.

Stock

2020-06-30 08:42 | Report Abuse

This is not a buy or sell call.

This is a reasonable deduction based on available information.

Stock

2020-06-30 08:33 | Report Abuse

NST reported only 2 options.

Option to outright sale to TG is denied by Semperit.

Option with MQTECH is confirmed by MQTECH BOD in an announcement.

The odd is in MQTECH favour.

Then, there is SIS ESOS being execised at 0.065 and Ms Lee Fei Fei.

Stock

2020-06-30 08:20 | Report Abuse

Now, if Semperit wants to do anything there is definitely no more TG.

One option only, MQTECH?

Stock

2020-06-30 08:14 | Report Abuse

As there was a plan to hive off Latexx, think, under Plan A not much fund was set aside for Latexx by Semperit.

Stock

2020-06-30 08:04 | Report Abuse

The plan to outright sale has changed.

Under Plan B now, Semperit now need to address its funding requirement to expand its production capacity to continue to supply to Austria in particular and to take the opportunity of rising demand.

Stock

2020-06-30 07:59 | Report Abuse

But Semperit AG has already had plan to restructure Latexx back in, think, mid 2019 before they sounded that Latexx is for sale in February 2020.

Stock

2020-06-30 07:50 | Report Abuse

The Semperit person who answered The Edge has actually directly confirmed that the outright sale of Latexx to TG option is not being considered anymore, is off the table.

Stock

2020-06-29 17:25 | Report Abuse

Matching to be a millionaire courtesy of Semperit because it always works

Stock

2020-06-29 17:22 | Report Abuse

Semperit – powerful and trustworthy, responding to the highest customer demands. ... Because Semperit comes from the Latin “semper it”, meaning “It always works”.

Stock

2020-06-29 11:09 | Report Abuse

Think the Edge writer doesn't even know what is RTO?

Semperit AG is actually planning to have a pure glove subsidiary separate from the industrial operations and it has hit maximum capacity.

MQTECH fit in nicely with Semperit AG plan.

Stock

2020-06-29 11:05 | Report Abuse

Appears so. Someone is accumulating at 0.045.

Stock

2020-06-28 17:58 | Report Abuse

At this moment, RM 50,000 can buy you 1,000,000 shares, can this 1,000,000 shares make u a millionaire?

Stock

2020-06-28 17:54 | Report Abuse

Well SIS ESOS exercised at 0.065 and big acquisition by Ms Lee does suggest there is a more than a fair chance MQTECH will be involved in some ways

Stock

2020-06-28 13:46 | Report Abuse

Putting what lickaje and greeberg posts together

Semperit AG cannot sell Latexx due to it is supporting Austrian government covid efforts in fact
it will need to expand itsproduction capacity as it is operating at maximum now.

RTO via MQTECH then to raise fund would look the most reasonable


We currently manufacture on a level of up to 28 million gloves in Malaysia per day, and that is basically the maximum output, close to the maximum output that we can deliver from the factory.


greenberg Q1 2020 Semperit AG Holding Earnings Call

Vienna Jun 26, 2020 (Thomson StreetEvents) -- Edited Transcript of Semperit AG Holding earnings conference call or presentation Wednesday, May 20, 2020 at 1:00:00pm GMT
Martin Füllenbach, Semperit Aktiengesellschaft Holding - Chairman of Management Board & CEO [16]

--------------------------------------------------------------------------------

Well, there was quite a number of questions.

Let me start with Sempermed. I think compared to last year, we have an uplift below 10% in the production volumes. But I think the most important thing is here the first time right number. We currently manufacture on a level of up to 28 million gloves in Malaysia per day, and that is basically the maximum output, close to the maximum output that we can deliver from the factory.

Stock

2020-06-26 17:40 | Report Abuse

Lawyer acting on behalf of Semperit AG?

Stock

2020-06-26 16:54 | Report Abuse

Why suddenly out of the blue do capital reduction?

Stock

2020-06-26 16:33 | Report Abuse

If MQTECH do this it will be part of the RTO process

Stock

2020-06-26 16:32 | Report Abuse

kh99892008 where do see?

Stock

2020-06-26 08:41 | Report Abuse

LimKokBoon Negotiations with Semperit AG must be ongoing and the employees know the progress and see a more than a fair chance that it will be successful

25/06/2020 5:37 PM

Stock

2020-06-26 08:40 | Report Abuse

Profit made by employees on SIS ESOS is subject to personal income tax as part of employment income

Profit from ESOS is calculated as follows:

MARKET PRICE at exercise date minus offer price

So when you see in the announcement market price 0.065 that means personal tax payable for exercising the ESOS is as follows:

(0.065 - 0.032) x income tax rate

So the higher the market price at exercise date the higher the personal tax the employee has to pay

For eg if market price on exercise date is 2.00 the personal tax payable is (2.00 - 0.032) x personal tax rate which is so much higher then when market price is 0.065

So employees quickly exercised while MQTECH price is still low at 0.065 in anticipation MQTECH price will go up higher to avoid paying more personal tax

So now do you understand?



LimKokBoon See if you can understand this...

Staff quickly exercised their Share Issuance Scheme, SIS now to quickly lock in the market price in order to pay a lower tax because they anticipate MQTECH price will go up a lot soon.

25/06/2020 5:15 PM

Stock

2020-06-25 17:37 | Report Abuse

Negotiations with Semperit AG must be ongoing and the employees know the progress and see a more than a fair chance that it will be successful

Stock

2020-06-25 17:21 | Report Abuse

All the while the SIS the ESOS were there but the employees did not want to exercise but quickly do it now, why?

Stock

2020-06-25 17:17 | Report Abuse

What do you think the employees think will push up MQTECH price by a lot??

Stock

2020-06-25 17:15 | Report Abuse

See if you can understand this...

Staff quickly exercised their Share Issuance Scheme, SIS now to quickly lock in the market price in order to pay a lower tax because they anticipate MQTECH price will go up a lot soon.