World Precision Machinery

assuming the industry veteran is spot-on, then does it not follow that the Bright World takeover offer will materialise (since the buyers are interested in another gem and is buying the listco as a matter of course)? If that is the case, does it not follow that at 45 cents, Bright World is an arbitrage opportunity as one will get paid 70 cents in due time?

Has anybody seriously studied the financials of the buyers of BRIGHT WORLD? Do they have the financial muscles to execute the deal? :laugh: :laugh:

macgyver, hv u seriously studied the financials? if yes, kindly share with us.... meantime, i copy here OCBC\'s \'buy\' call of Sept 8, yesterday.

My views on the Bright World takeover www.level13-analysis.blogspot.com Cheers!

Thanks, Level 13, for your analysis.

unusual jump this morning. up by 7 cents!