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

Counter NameLastChange
AEM Holdings2.2700.050
AusGroup0.052-
Avi-Tech Electronics0.4400.020
Best World Int.1.360-
CEI1.010-
China Sunsine0.4550.010
CNMC GoldMine0.2600.005
CSE Global0.565-0.005
Eagle HTrust USD0.525-0.005
Food Empire0.750-0.015
Golden Energy0.1700.001
GSS Energy0.098-0.005
ISDN Holdings0.1990.001
ISOTeam0.215-
JB Foods0.625-0.010
KSH Holdings0.4000.005
Miyoshi0.0310.004
Moya Asia0.080-0.002
Nordic Group0.300-0.005
Oxley Holdings0.345-
Procurri0.325-0.005
REX International0.200-0.005
Riverstone1.0500.040
Roxy-Pacific0.370-
Sing Holdings0.410-
SingMedical0.3200.015
Straco Corp.0.570-
Sunningdale Tech1.290-0.010
Sunpower Group0.560-
The Trendlines0.1310.001
Tiong Seng0.2000.002
Uni-Asia Group0.690-
Yangzijiang Shipbldg1.0400.020

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