Privatisation

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06 Sep 2019 07:18 #24998 by Kapitan
Privatisation was created by Kapitan
stocks with low liquidity
big discount to NAV
nice cashpile, or recurring cashflow
the much maligned category called S-Chips.

San Teh is an example. Just announced privatisation offer at 98% premium to stock price,

trading price 15 cents, when NAV 50 cents.

zero debt, cash $23 m, versus market cap $52 m

privatisation offer 28 cents,

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11 Sep 2019 14:29 - 11 Sep 2019 14:30 #25007 by Garak
Replied by Garak on topic Privatisation
Rex, on balance, is better off being a private company. Since its IPO, the market has not shown any appreciation for its "technology".nor its oil assets.

It values Rex at around its cash level currently.

Market cap now about S$106 million based on 8.2 cents share price.

Compare that to its liquid assets comprising cash, cash equivalents and quoted investments of a total of US$70.75 million (S$98.34 million, as at 30 June 2019).
Last edit: 11 Sep 2019 14:30 by Garak.

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22 Sep 2019 21:14 - 22 Sep 2019 21:15 #25022 by Poh
Replied by Poh on topic Privatisation
Sleepy stock World Precision Machinery has been for months & years.

But in the last 3 days, we saw increasing volume and price spike. Share price went from 17 cts to 21 cents.


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Last edit: 22 Sep 2019 21:15 by Poh.

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Share Prices

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AEM Holdings3.9100.020
Avarga0.335-
Avi-Tech Electronics0.460-
Best World Int.1.360-
CEI1.140-
China Sunsine0.4900.005
CNMC GoldMine0.275-
CSE Global0.485-
Food Empire0.7500.005
Golden Energy0.168-0.004
GSS Energy0.0590.001
ISDN Holdings0.630-
ISOTeam0.129-
IX Biopharma0.255-
JB Foods0.570-
KSH Holdings0.3650.005
Medtecs Intl1.1200.020
Moya Asia0.073-0.003
Nordic Group0.2450.005
Oxley Holdings0.230-0.010
Procurri0.290-
REX International0.156-0.001
Riverstone1.5000.010
Roxy-Pacific0.3550.005
SingMedical0.335-0.005
Sri Trang Agro1.2800.010
Straco Corp.0.5800.005
Sunningdale Tech1.5600.020
Sunpower Group0.945-0.030
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UG Healthcare0.7200.005
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