Privatisation

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06 Sep 2019 07:18 #24998 by Kapitan
Privatisation was created by Kapitan
stocks with low liquidity
big discount to NAV
nice cashpile, or recurring cashflow
the much maligned category called S-Chips.

San Teh is an example. Just announced privatisation offer at 98% premium to stock price,

trading price 15 cents, when NAV 50 cents.

zero debt, cash $23 m, versus market cap $52 m

privatisation offer 28 cents,

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11 Sep 2019 14:29 - 11 Sep 2019 14:30 #25007 by Garak
Replied by Garak on topic Privatisation
Rex, on balance, is better off being a private company. Since its IPO, the market has not shown any appreciation for its "technology".nor its oil assets.

It values Rex at around its cash level currently.

Market cap now about S$106 million based on 8.2 cents share price.

Compare that to its liquid assets comprising cash, cash equivalents and quoted investments of a total of US$70.75 million (S$98.34 million, as at 30 June 2019).
Last edit: 11 Sep 2019 14:30 by Garak.

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22 Sep 2019 21:14 - 22 Sep 2019 21:15 #25022 by Poh
Replied by Poh on topic Privatisation
Sleepy stock World Precision Machinery has been for months & years.

But in the last 3 days, we saw increasing volume and price spike. Share price went from 17 cts to 21 cents.


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Last edit: 22 Sep 2019 21:15 by Poh.

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Share Prices

Counter NameLastChange
AEM Holdings1.640-
AusGroup0.020-0.001
Avi-Tech Electronics0.325-0.005
Best World Int.1.360-
CEI0.835-
China Sunsine0.3000.005
CNMC GoldMine0.1510.007
CSE Global0.3600.015
Eagle HTrust USD0.137-
Food Empire0.4600.015
Golden Energy0.1400.010
GSS Energy0.0420.001
ISDN Holdings0.155-0.005
ISOTeam0.1250.002
JB Foods0.3850.005
KSH Holdings0.275-0.005
Miyoshi0.025-
Moya Asia0.050-
Nordic Group0.2200.015
Oxley Holdings0.210-0.010
Procurri0.2350.015
REX International0.0900.001
Riverstone0.9050.060
Roxy-Pacific0.330-0.005
Sing Holdings0.3250.010
SingMedical0.2000.003
Straco Corp.0.4900.005
Sunningdale Tech0.8450.010
Sunpower Group0.350-
The Trendlines0.0720.004
Tiong Seng0.1570.012
Uni-Asia Group0.420-
Yangzijiang Shipbldg0.8500.020

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