$Indofood Agri(5JS.SI)

Salim group will fooled all Singaporean shareholders to giving up your holdings.. if this shrewd business group could privatise successfully.. no only will they laught all the way to the bank.. they will be laugthing all the way to the moon, the star and the sun. Please please.. dont let that happen..

1. If you are a broker / Remisier- tell your clients not to accept, not to sell.. buy more if got 0.275, even better. They have very low risks buying more.
Think of your clients.. dont just earn that small comms and ripe off them.. dont persuade them to sell.

2. If you are Institutional shareholders - Contact Indoagri and bang table upside down, threaten to write a nasty emails to the press.

3. If you are retail shareholders - get our act together and ready to fight.. We demand honest, fair value proposition.

Look at the past 10 yr data from Bloomberg. Did you notice only market cap had gone down multifold from listing all the way to below $0.20. Look carefully at the 10yr trend - cash balance, prefered shares , debt balance first. You noticed cash balance is not in a very critically low level, in fact, it is very healthy. Most cash had been spent buying assets over the years.. Salim did that on purpose so that cash level looked low.. Indoagri assets is so huge.. I wont be surprise if it can match Wilmar.
Next, debt level.. no change...very constant, very healthy.
Prefered share actually came down over time.
Hence, the company is as healthy now as 10 yrs ago.. why we are all offer 0.28 per shares while it was valued over 1.00 to 3.00 10yrs ago?

Look at next level shareholder , only slight above 1%, balance 20% or more are retailers. Retailers have no muscle to push prices up. This is Salim group strategy to keep the demand so low, so illiquid, keep on pressing the price down so low for one simple reason. To privatise the company cheap... so cheap.

If you are a shareholder.. you need advise and cant find anyone.. talk to me! Dont be silly pls pls

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4 likes
15 comments
ThumbTackInvestor

i do agree that retail investors r taken for a ride...
but thats how the game is setup
not a fair world
good luck

Hanzo

Reply to @ThumbTackInvestor : Yes hehe and they deserve it fully because they bought it willingly

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richardtan00

yep, offer price is too low. controlling group has been keeping profits low to take private cheap. since no hyflux deploy funds here to buy low. many foreign funds are out earlier

Alchemist

Quote
"Salim group will fooled all Singaporean shareholders to giving up your holdings.. if this shrewd business group could privatise successfully.. no only will they laught all the way to the bank.. they will be laugthing all the way to the moon, the star and the sun." Unquote 😡

If ever they can reach the sun, they will be charred beyond recognititon, into minute ashes!

Just my humble opinion.

Ccm

Though I am not vested, quite piss off with these companies who take advantage of minority shareholders to press the price down.
SGX should compel delisting price should also always reference to current asset value

Sporeshare

i think 56 cents and above then consider

Sporeshare

Reply to @Indomee : oic! what is your avg price? lets see how mkt reacts

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Hanzo

So is this a fact or a bias opinion wink wink

Hanzo

Reply to @Indomee : It’s an opinion lol

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Hanzo

I think you go hong lim park better

layers

next victim after challenger

Master_GongJiaowei

Took a quick look at the financials , not surprised it is worth so little

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