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
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!
i do agree that retail investors r taken for a ride...
but thats how the game is setup
not a fair world
good luck
Reply to @ThumbTackInvestor : Yes hehe and they deserve it fully because they bought it willingly
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
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.