it may not be that bad, right? It may be a very good privatisation offer, or it may even be just an announcement on the insurance payout?
The privatisation offer price is 42 cts. Sad! Sad!
Official Announcement (link
here)
Looks like all the senior management are on board as well (pt 5 in the announcement). Oh well, it's been a good ride.
Yeah, it's been a good ride... got to find other cash generating machine...
(02-04-2012, 10:11 AM)kazukirai Wrote: [ -> ]Official Announcement (link here)
Looks like all the senior management are on board as well (pt 5 in the announcement). Oh well, it's been a good ride.
I had reviewed Adampak before, together with another stock, but i selected other stock instead. This is around mid-end 2010 time frame when it cost around 0.3
I believe i had missed a opportunity to get richer ;-)
I am doing a post-mortem review why i miss Adampak? is it a pure unlucky or there is repeatable lesson can be learned
Congrate to all shareholder... even you are not happy with the offer price... ;-P
Congrats to all holders, and thanks to dydx for highlighting this company for so long.
I missed it purely because I was not familiar or comfortable with the business model; and I am wholly to blame for my thumb-sucking and not seeking to expand my circle of competence.
Oh well, better luck next time.
I particularly like Adampak simply because there are many arguments on the decline of HDD and the rise of SSD.
Going by common logic, it does not make sense to hold on to Adampak since there are many pessimistic views on HDD.
But, I am quite that Adampak or equivalent is likely to be around for the next ten years. Apparently, the fund that is buying Adampak thinks so too.
The storage market is so large and getting larger that the current SSD technology is simply unable to take on the load.
Not to mention the high capital cost of building the semiconductor plant and the relatively ease of the HDD manufacturers to raise the storage capacity with ease.
Congrats! especially to those that bought AdamPak at a great price during 2009 - 2010 period. I think it was around 0.200. Along with the dividends, it is a great ride.