"There is a high likelihood that IHC could acquire Jaya. We think that IHC could offer up to S$0.65/share for Jaya (its net assets excluding debt obligations), translating into 34% upside for Jaya’s share price."
Dear Forummers;
The stock came alive again. Am holding the shares until it is 30 cents.
Have sold some and recovered my capital. Whatever is left is pure profits.
A 80% returns so far on this stock.
I am not complaining.
gangho, what do you think of FUXING these days? Still attractive chances of being privatised (after what happened to CMZ). What in the world was CMZ? I had no clue of this small player.