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It's a ripoff. Clearly Jurong Point is worth more than this 20% premium to last traded price. Valuebuddies recommend: Reject! hope Lee Kim Tah do better. :p

I am not going to accept. Book value is $1.01 and I am not surprised the RNAV could be more. Will work out over the weekend!

(21-06-2013, 07:04 PM)psolhawk Wrote: [ -> ]It's a ripoff. Clearly Jurong Point is worth more than this 20% premium to last traded price. Valuebuddies recommend: Reject! hope Lee Kim Tah do better. :p

I totally agree with you. Screw them, I am not letting go. Buying in at 12% below NTA. What a joke. I was expecting maybe like 95-98 range. I know what the IFA is going to say: fair but not compelling.

Write Complaint letter to IDs and newspapers quickly. Bitching about it at VB won't help.
By the time IFA report is out. Game over Liao.

sometimes, bitching at VB does help! have to get the BT's correspondences to write in her BT Sunday time!


If Guthrie is worth 88cts at a ripoff price... then... LKT....!! WAOS!

BT don't have Sunday Times..hahaha.

(21-06-2013, 08:32 PM)opmi Wrote: [ -> ]BT don't have Sunday Times..hahaha.

oh paiseh, it's the sunday time biz corner, the lady corrospondent, last time she quoted VB for the a country's property thread, and then VB kanna lawyer letter and her blog also, her articles ruffles some feathers!

I m letting go, I been to the agm, the chairman is a sentimental person, when kana wack on why the rational to keep the " cannot make it " engineering division , he cited the people have a long history there...so not easy to let go.
We are in business to make $, not for sentimental value.

(21-06-2013, 09:28 PM)doggy77 Wrote: [ -> ]I m letting go, I been to the agm, the chairman is a sentimental person, when kana wack on why the rational to keep the " cannot make it " engineering division , he cited the people have a long history there...so not easy to let go.
We are in business to make $, not for sentimental value.

once privatised, $$$ talk, no more sentimental value.

Not so familiar with the company but looking at the historical prices, wats the reason for offer only now? Thought should have offered like 1-2 years ago when the price was much lower... Maybe Jurong Lake District going to boost valuations? Or before the white site opposite Jurong Point gets sold?