Next privatisation stocks?

  • Guest2
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12 years 2 months ago #11053 by Guest2
Replied by Guest2 on topic Re:Next privatisation stocks?
They would want to privatize so that they can enjoy 100% share in the company for a low price and enjoy the full 100% share of dividends instead of having to split it among shareholders. Also, privatizing would allow them to be free from public scrutiny and being able to pay themselves as much salaries and bonuses as the company's finances would permit. 
Transferring money is not a problem, they do it all the time for dividends.  

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  • benson
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12 years 1 week ago #11985 by benson
Replied by benson on topic Re:Next privatisation stocks?
next one to go is Harry's Holdings. Offer at S$0.23 in cash, compared to stock price of around 17 cents. IPO price was 22 cents.

Privatisation so fast after being listed for less than 2 years and never made a mark on the investing community because the market cap is too tiny.

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  • Penny
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12 years 1 week ago #11988 by Penny
Replied by Penny on topic Re:Next privatisation stocks?
No one's going to miss Harry's Holdings with its ultra thin and ultra light profit.

There are numerous other stocks with far more compelling profit and growth potential -- take a look at Straco Corporation, which is already discussed in the forum 

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  • Benson
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11 years 11 months ago #12333 by Benson
Replied by Benson on topic Re:Next privatisation stocks?
China Farm Equipment -- with the chairman already controlling 88%, game over.
The buggers are buying bk the company so cheaply.

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11 years 8 months ago #13507 by yeng
CHINA FIBRETECH is a laggard in this rally. It's escaped a lot of people's attention but it is super undervalued.

Net cash is S$0.20 while its stock price is usually hovering at S$0.04. Very very sharp discount to its cash.

Investors who pick up this stock just need to wait for the next set of results or 2Q results for a turnaround in business -- and stock price!!!

I like the company's forward looking statement recently : "The Group had experienced a slowdown in demand for our fabric processing services in FY2012. However, the management is optimistic that the business will pick up based on the more upbeat customers’ feedback and enquiries received."

:-) good luck!

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