Will the privatisation offer be reasonable to Dukang supposed value? or the low offer as what i read about Synear. Just started out my investment journey.
Even though Dukang has good growth prospects, the share price doesnt reflect it. Other than the fact that the chairman disposed his holdings and none of the directors now have substantial holdings in company. Weird.
Dukang share price jumped to 48 cents on news of Fidelity having become a S. Shareholder. The stock is cheap isn't it at a PE of less than 5. The growth potential for Dukang baijiu is excellent.
A good positive is that Dukang collects cash on delivery for its Dukang baijiu. It helps to explain why the cash pile in Dukang is so high. But it's hard to understand why no dividend has been paid out!
