How will the stock price of K1 Ventures behave next week? This whole takeover exercise has interestingly (and probably unintentionally, as far as Mr Green & Company are concerned) shone the light on the deep value in the stock. Certainly it is worth more than 13.1 cents (closing today) and 13.5 cents (the Offer price).
Vested investors should go to the AGM of k1 Ventures next month, October.
Lots of tough questions to ask Mr Green and his board. (After that, enjoy the sumptious spread. Last year was at Four Seasons Hotel.)
What's next? How about S-chips? Why this year no spree of privatisation of S-chips --- yet?
Just one S-chip and the whole sector will turn hot.
Mark my words. I don't believe there isn't any in the works. Not when a no. of good S-chips are trading at ridiculously low low valuations. The subst shareholders must be fed up, ok, so it's this bad we might as well try to privatise.!!!
Juken takeover offer is on the way to a fitting closure.
As at 5.00 p.m. on 17 September 2012, the Offeror had received valid acceptances amounting to 146,241,774 Juken Shares, representing approximately 58.45% of the total number of issued Juken Shares.
Juken takeover offer is on the way to a fitting closure.
As at 5.00 p.m. on 17 September 2012, the Offeror had received valid acceptances amounting to 146,241,774 Juken Shares, representing approximately 58.45% of the total number of issued Juken Shares.
Why would the CEO/ major shareholder,privatise? Firstly they dont have money, and even if they do its difficult to remit the money out of China because of stringent rules. There are also costs and risks. Isn't it better to keep on collecting fat salaries/bonus for years to come ?
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[yeh 17-09-2012]:
What's next? How about S-chips? Why this year no spree of privatisation of S-chips --- yet?
Just one S-chip and the whole sector will turn hot.
Mark my words. I don't believe there isn't any in the works. Not when a no. of good S-chips are trading at ridiculously low low valuations. The subst shareholders must be fed up, ok, so it's this bad we might as well try to privatise.!!!
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