Global Marine Energy Share Discussion Threads

[pbracken] 04/2/2008 14:34

steves - the offer document was not 'due today'; it's due on or shortly after 4 February.

brownson - read the announcements before you post; is that too much to ask? I might add that GME - amazingly - has outperformed the market this past 6 months. If that's your definition of foolish trading, more fool you.

[the_owl] 04/2/2008 13:43

Guys,give 'em a chance. There are blizzards in the far east.
Offer docs will be snowed in a post-box somewhere.

[brownson] 04/2/2008 11:56

From the Chairman's statement

"The recommended offer by EMER International Group Limited is progressing and it is expected that the offer document will be posted on or around 4 February 2008 "

[brownson] 04/2/2008 11:49

pbracken.

I was going to point out how wrong you have been over GME in the last year, and what a fool you have made of yourself but your contributions are without value so I will just filter you instead.

By the way, today is Feb 4th

[steves2] 04/2/2008 11:28

PB - I also remember something about the 4th Feb being mentioned......not sure where it was now...

[pbracken] 04/2/2008 10:35

"EMER now expects to hold its general meeting to approve the acquisition by the third week in March 2008. EMER will continue to work with all parties to bring this date forward. In view of the need to ensure that EMER's offer is capable of becoming wholly unconditional within the timetable set out in Rule 31.7 of the Takeover Code, the offer document will only be posted on or shortly after the day 42 days prior to the date of the EMER General Meeting. Assuming a meeting on 17th March 2008 the posting date would therefore be on or shortly after 4th February."

It would be more helpful if you reported the facts accurately, brownson.

[brownson] 04/2/2008 10:24

Offer document was due today.

[murtceps7] 01/2/2008 12:58

Still cant bring myself to trust any of them !

[pbracken] 01/2/2008 11:15

Offer document should be out this month which will confirm the 16p deal.

I'm surprised (and so is Fairfax) that the market is discounting a deal as good as 99.99% done by such a large percentage. So, with offer document close to being published, and with the risk-reward balance so much in favour of reward, it would be extravangant to overlook such an opportunity.

So I haven't.

[murtceps7] 24/1/2008 17:03

ssur

GME dosnt actually exist...Its all a bloody bad dream !

[pomp circumstance] 24/1/2008 08:35

no a suprise given GME have been giving them kit below cost price!!!

SINGAPORE (Thomson Financial) - Conglomerate Keppel Corp is expected to
report record earnings in 2007, with its net profit likely to exceed 1 billion
Singapore dollars for the first time, supported by robust demand for oil
exploration rigs and strong contributions from its property division.
Based on Thomson Financial's consensus estimate, Keppel Corp is expected to
report net profit of 1.05 billion Singapore dollars, with estimates by 18
analysts ranging from 974 million dollars to 1.2 billion dollars.
Keppel Corp posted a net profit of 758 million dollars in the nine months to
September, surpassing the 750.8 million dollars achieved in the whole of 2006.
The company is scheduled to announce its 2007 results on Thursday.
"Growth will come mainly from the offshore and marine engineering (O&M)
business," said Daiwa Institute of Research analyst Ang Soo Kee.
The O&M business benefited from strong demand for oil exploration rigs,
which resulted from a surge oil exploration activities as crude oil prices
soared toward the 100 US dollars a barrel level.
Keppel Corp's O&M orderbook currently stands at 13-14 billion dollars,
according to estimates made by DBS Vickers Securities.
"Visibility for the O&M division extends out to 2010, supported by its order
book," said DBS Vickers analyst Jesvinder Sandhu in a note to clients.
DBS expects Keppel Corp to report a net profit of 1.13 billion dollars in
2007, of which about 50 percent will be contributed by the O&M business and 17
percent will come from its property division.
Keppel Corp unit Keppel Land has been benefiting from the strong sales of
its residential property projects in Singapore, China and Vietnam. Keppel Land
has also been benefiting from rising office rents.
Analysts polled by Thomson Financial expect Keppel Land to post a full-year
2007 net profit of between 468 million dollars and 503 million dollars, compared
to 200.3 million dollars in 2006.
Keppel Land, which is 53 percent owned by Keppel Corp, will report its
full-year results on Tuesday.
Apart from property and O&M and property businesses, Singapore Petroleum Co
(SPC), which is 45 percent owned by Keppel Corp, also performed strongly in
2007. Based on estimates by four analysts, Thomson Financial expects SPC's net
profit to come in at 484 million dollars, compared to 285 million dollars in
2006.
A turnaround in Keppel Corp's infrastructure division and some exceptional
gains also bolstered earnings in 2007, analysts said.
(1 US dollar = 1.43 Singapore dollars)
[e-mail]
jb/nt

[pomp circumstance] 24/1/2008 08:22

people are more inclined to trust Gary Glitter with their son than to trust GME!

[ssur] 24/1/2008 08:20

Can anyone explain to me why these shares are trading at such a big discount to the cash offer of 16? On the face of it there is a return of over 20% available for a sub 2 month investment!

[steves2] 22/1/2008 12:44

Afternoon chaps...some information concerning EMER's purchase of Gartmores shares...



Company founder are you still around? Can you ask your contact if EMER intend to purchase all the share issue of GME as mentioned in the document above? I'd be keen to keep my holding in the new company as EMER seem to know what they are doing....i'd imagine once the deadwood at GME has been cleared out and production costs sorted things could improve very quickly. Oh and not sell there products at halve price....

[murtceps7] 21/1/2008 21:40

Don't worry ratty, its nothing personal....just a fear of your dungeon :-)

[loverat] 21/1/2008 21:13

'Smith is threatening to bring legal actions against another 42 people who he claims defamed him on ADVFN. He is also suing ADVFN for allegedly failing to remove a number of defamatory posts in a timely fashion'


Well, I don't know how he does it. I am sure that I haven't had as many as 42
people defaming my user name since I've been here, let alone my real name.

[pomp circumstance] 21/1/2008 21:03

a safe haven at a time of great stock market fear!!!

[nicandy] 19/1/2008 11:47

Any news or update?

[the_owl] 07/1/2008 11:32

Must be a masochistic tendency somewhere in there! ...lol ;-)

As a sub-par share (and ignoring the personnel links if that's possible), RAF actually not bad for an AIM share.

The vested interests mean a forthcoming cap. reorg has to work. £20m t/o, £3m gross profit (exc exceptionals), 29% margins, but a market cap of only £1.3m or so - worth a punt IMO with shares under nominal value. Apart from one 2.8m sell (which was me exiting Halifax as a broker!!, while also testing for sells), all buys in last few days...

[the_owl] 05/1/2008 21:53

Anything more happened here worthy of a buy?

Nope - back to RAF then. About to become active as consolidation, & capital reorg looming :-). Directors paid 10x, and 3rd party interests mean they must do something in shareholders (including them ...lol) interests.

DYOR

Best wishes for 2008 guys.

[chestnuts] 03/1/2008 19:24

Brownson
Have you found any details about Kensington Industrial