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 Holdings4.220-0.070
AusGroup0.023-0.001
Avi-Tech Electronics0.465-
Best World Int.1.360-
CEI0.9150.005
China Sunsine0.315-0.005
CNMC GoldMine0.3600.015
CSE Global0.525-0.010
Food Empire0.560-0.010
Golden Energy0.155-
GSS Energy0.062-0.002
ISDN Holdings0.3950.030
ISOTeam0.141-
IX Biopharma0.2900.010
JB Foods0.5650.015
KSH Holdings0.340-0.005
Medtecs Intl0.970-0.030
Moya Asia0.070-0.002
Nordic Group0.2200.010
Oxley Holdings0.215-
Procurri0.300-
REX International0.184-0.003
Riverstone4.6900.160
Roxy-Pacific0.3250.005
Sing Holdings0.370-0.005
SingMedical0.2600.005
Straco Corp.0.495-
Sunningdale Tech1.180-0.020
Sunpower Group0.530-0.005
The Trendlines0.108-0.002
Tiong Seng0.160-
Uni-Asia Group0.470-
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