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(01-12-2021, 04:52 PM)Napoleon Porlumpar Wrote: obviously they couldn't lah
this kind of company will eventually bite the dust
Hi listing in HK was faster and done when company was smaller.
Now they are much bigger and similar companies like Logitec etc are commanding high valuation from investors who recognise the brand, they want to move to get $4B more in valuation.
All the major shareholders will be instant billionaire when they do this.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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(01-12-2021, 06:36 PM)sgbuffett Wrote: Hi listing in HK was faster and done when company was smaller.
Now they are much bigger and similar companies like Logitec etc are commanding high valuation from investors who recognise the brand, they want to move to get $4B more in valuation.
All the major shareholders will be instant billionaire when they do this.
Watch out dude. Share fall tells much
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(02-12-2021, 09:47 AM)Zannn Wrote: Watch out dude. Share fall tells much
The offer price js out $2.82 only 10cts higher than my purchase price. ..and lower than IPO price of $3.80.
The CEO is only good at selling over priced accessories but not good at getting a good deal for shareholders. Rather disappointing guy since he said many times his company is worth much more ...then how can such a low price be justified.
I will accept the offer but won't make much.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
>
(This post was last modified: 02-12-2021, 11:00 AM by
sgbuffett.)
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(02-12-2021, 10:57 AM)sgbuffett Wrote: The offer price js out $2.82 only 10cts higher than my purchase price. ..and lower than IPO price of $3.80.
The CEO is only good at selling over priced accessories but not good at getting a good deal for shareholders. Rather disappointing guy since he said many times his company is worth much more ...then how can such a low price be justified.
I will accept the offer but won't make much.
How come share price not reflective to $2.82? So much lower now at only $2.4? If deal goes thru buy now can easily make 20% why people not buying?
(This post was last modified: 02-12-2021, 11:12 AM by
Zannn.)
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(02-12-2021, 11:02 AM)Zannn Wrote: How come share price not reflective to $2.82? So much lower now
Shareholders don't want to wait for deal which takes 3-4 months. Some are speculator gamblers going for big score so they just dump as it did not go their way.
I am just considering whether to arbitrage as gap is 17%.
But I am out of HKD and will ahe to incur exchange rate plus fees and opportunity cost.
It's an easy 15-17% but market now has so many opportunities due to recent drop...and i already got some stuck inside due to earlier purchase so not so keen.
Some other time I would just buy....17% gain is not bad.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
>
(This post was last modified: 02-12-2021, 11:10 AM by
sgbuffett.)
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(02-12-2021, 11:09 AM)sgbuffett Wrote: Shareholders don't want to wait for deal which takes 3-4 months. Some are speculator gamblers going for big score so they just dump as it did not go their way.
I am just considering whether to arbitrage as gap is 17%.
But I am out of HKD and will ahe to incur exchange rate plus fees and opportunity cost.
It's an easy 15-17% but market now has so many opportunities due to recent drop...and i already got some stuck inside due to earlier purchase so not so keen.
Some other time I would just buy....17% gain is not bad.
Yes bro exactly
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I purchased at 2.72 and 2.42 for delisting at $2.82.
It is a miserable journey with delay after delay. Finally it goes to final vote.
Plse put investors out of their misery ...
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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