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HONG KONG (REUTERS) - A consortium led by top executives of Razer plans to value the Hong Kong-listed maker of gaming hardware at up to HK$35 billion (S$6.1 billion) in a deal to take it private

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Chairman Tan Min-Liang and non-executive director Lim Kaling, with a combined stake of nearly 60 per cent in Razer, lead the group offering up to HK$4 a share, the two sources said, or almost double its average price of HK$2.1 over the past month.


https://www.straitstimes.com/business/co...45-billion

Razer is not on the same growth trajectory as the US-listed tech companies such as SEA. I don't see how it can get a much higher valuation in New York.

Likely want a SPAC route

This brand is for gamer.
Gaming motherboard is normally has red colour on the motherboard.
No red colour, dont buy...ppl will say it is cheong one...

I saw 1 Razer highend mouse can sell at $200+
and 1 small highend Razer keyboard can sell near $300+.

Will you buy them?

I do not like the company.
6B valuations looks ridiculous.

But the report is credible.
They founders think HK market is bias against them and value them too cheap. If you compare with sky high valuations in US it is very very low..only because US market is expensive

If they can flip over to US from HK, they can make a few billion.

For this reason we can expect them to move and do this while the US market is hot.


I believe it will happen and company will be delisted at $4.

Put my money where my mouth is bought at $2.72

Gaming industry will be always there and even getting bigger etc due to future again new games , new consoles , new PC hardwares but will Razer hold its league? no doubt they sponsor lots of top gamers, etc marketing their products, same likewise Secretlab.

The future no body know.

(17-11-2021, 11:38 AM)[[ForeverAlone]] Wrote: [ -> ]Gaming industry will be always there and even getting bigger etc due to future again new games , new consoles , new PC hardwares but will Razer hold its league? no doubt they sponsor lots of top gamers, etc marketing their products, same likewise Secretlab.

The future no body know.

This is not about razer future ...which nobody can guess.
But whether such a deal makes sense. If it makes sense it will happen, if it does not it won't 

One just need to think clearly to decide.

The deal will come as it will bring profits. It js a matter of who partners with the founder to do it and what is exit offer for existing holders.




It will happen for the simple reason that it makes about 1-2B for the group by shifting the listing.

They should go metaverse

(17-11-2021, 11:42 AM)sgbuffett Wrote: [ -> ]This is not about razer future ...which nobody can guess.
But whether such a deal makes sense. If it makes sense it will happen, if it does not it won't 

One just need to think clearly to decide.

The deal will come as it will bring profits. It js a matter of who partners with the founder to do it and what is exit offer for existing holders.




It will happen for the simple reason that it makes about 1-2B for the group by shifting the listing.

for me I will not bother to look at Razer

(17-11-2021, 11:47 AM)[[ForeverAlone]] Wrote: [ -> ]for me I will not bother to look at Razer

Its not razer...but the deal....the deal will come

(17-11-2021, 11:34 AM)sgbuffett Wrote: [ -> ]Put my money where my mouth is bought at $2.72

Looking towards the meat from this point to the deal by end of the year. Given how hot Nasdaq is and SPAC method of moving listing into a Naddaq listing private quite firm are hungry for brand names to do this shift.

Razer is a logical bet. Just look at recent EV Rvian.IPO  SPAC route is a fast way to enter US listing..the US investors are ever ready to bite!

It doesn't matter what you think of Razer ...you should let that block you from making money.

(17-11-2021, 01:50 PM)sgbuffett Wrote: [ -> ]Looking towards the meat from this point to the deal by end of the year. Given how hot Nasdaq is and SPAC method of moving listing into a Naddaq listing private quite firm are hungry for brand names to do this shift.

Razer is a logical bet. Just look at recent EV Rvian.IPO  SPAC route is a fast way to enter US listing..the US investors are ever ready to bite!

It doesn't matter what you think of Razer ...you should let that block you from making money.

If u have high certainty the deal will come and upside potential, u shd buy big big bro. Wish u luck

(19-11-2021, 03:54 PM)Zannn Wrote: [ -> ]If u have high certainty the deal will come and upside potential, u shd buy big big bro. Wish u luck

Suppose I am 85% sure how much of my $$ should I bet?

BREAKINGVIEWS – Razer’s $4.5 bln buyout plan has a serrated edge
19 November 2021 11:58
(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.)

By Robyn Mak

HONG KONG, Nov 19 (Reuters Breakingviews) – Razer is reversing a familiar take-private playbook. In contrast to Chinese technology outfits that have decamped from New York to head closer to their home markets, the management of the Singaporean-American purveyor of pricey computer accessories may take the company private and swap ... its Hong Kong listing for one in New York.

Razer's $200 keyboards emblazoned with a neon green three-headed snake logo enjoy a cult following among hardcore gamers worldwide. The brand's popularity has swelled during the pandemic. Hardware sales, which include mice, laptops and chairs, surged https://doc.irasia.com/listco/hk/razer/i...tpress.pdf 77% year-on-year in the six months to June, to $677 million. That helped turn a small profit, compared to a net loss last year.

Minority investors are less enthusiastic. The stock has fallen as much as three-quarters below its 2017 initial public offering price. One recent drag may the broader Chinese technology sell-off: Razer tracks the local Hang Seng Index more closely than it does its competitors, per HSBC analysts who estimate the company generates only a tenth of its sales from the People’s Republic.

The mooted HK$4 offer price is nearly double the stock's one-month average before Monday, when Reuters reported plans of the deal. It values the enterprise at $4 billion – or 2.6 times annualised 2021 sales. That's roughly in line with Swiss rival Logitech and far above U.S.-listed competitors Corsair and Turtle Beach . Chairman Min-Liang Tan and non-executive director Kaling Lim, own over 50%. To buy the rest, they’d have to pay over $2 billion. Extra support could come from CVC Capital and KKR , Reuters reports.

There are two potential advantages to going West. The company's top market is the United States, where retail investors are piling into so-called meme stocks like cinema chain AMC Entertainment . Razer's mostly young and American fanbase might provide a similar stock boost. Tan boasted in an interview that gamers were asking “daily” why the company doesn't trade in the United States. Razer's nascent Southeast Asian payments unit might fetch a higher valuation stateside too, after the expected listings of regional super-apps Grab and GoTo.

Beyond investment fads, though, any sustainable valuation gains may depend on maintaining its pandemic-level growth. Razer’s buyout plan has an edge but its not the sharpest one.

Basically the founders and major shareholders believe they can double their money by shifting to Nasdaq based on Logitec's valuation.

If there is money to be made, they will be motivated to undertake the shift.

(19-11-2021, 04:14 PM)sgbuffett Wrote: [ -> ]Suppose I am 85% sure how much of my $$ should I bet?

That I will 40% in liao