ogawa & joes: U seem to be tracking Samko/ what do you see in this stock? sometimes, beauty is in the eyes of the beholder. currently, i see a stock whose valuation is steep!
Sampoerna forestry bought 1500 of samko yesterday I did not manage to sell mine at 24.5 today but the closing today is good. I wonder could it be delisted one day by Sampoerna since they owned so many shares and has been buying.
It's possible that Sampoerna may get tired of the SG market --- however, valuation wise, the stock is not greatly undervalued is it? YThis business has been loss- making until recently.
Possible for Sampoerna to delist it one day, but it is also possible that S will go another direction 0-- ie, sell equity to the market. It buys now and sells later at a higher price -- all businessmen think like that.
