(09-06-2012, 07:45 PM)freedom Wrote: [ -> ] (09-06-2012, 06:12 PM)propertyinvestor Wrote: [ -> ]My God! I just realised that if shareholders vote against the offer or if the offer somehow fails to go through, the possibility of Wing Tai crashing back to $1.10 is quite real! SInce the price has been artificially supported by the partial offer!
are you a joker hired by the Chengs to scare people to support the partial offer?
even the market price were to drop to below $1, the Chengs probably would not have any chance to buy a few percent of Wing Tai shares from open market @1.39.
lol.
Whats good for the Chengs is ultimately good for the minority shareholders like me
I urge all to vote in favour of this deal!
(11-06-2012, 12:49 PM)propertyinvestor Wrote: [ -> ]I urge all to vote in favour of this deal!
On the contrary! if Cheng Fellows fail in this operation, we the minority shareholders may get to see the Fox displays its tail. In other words Cheng Fellows got no choice may make another offer with higher price if they still want to be the majority shareholders. And i think this is a greater possibility. If not never mind lol, just hold, wait and see what the Fox Fellows and his supporters are going to do next. i bet they will definitely do something. If Cheng Fellows succeed, too bad then just like what the "OLD MAN" said, "Sinkaporeans are daft". Maybe true, but i hope not.
If the offer fails, what if Wing tai crashes back to $1? Who benefits then?
(11-06-2012, 10:04 PM)propertyinvestor Wrote: [ -> ]If the offer fails, what if Wing tai crashes back to $1? Who benefits then?
whoever wants to buy, but not the Chengs.
lol.
investors should always cheer when price goes cheaper as you are a net buyer than seller
You should spare a thought for the poor retail investors who bought above $1.50.
(11-06-2012, 11:19 PM)propertyinvestor Wrote: [ -> ]You should spare a thought for the poor retail investors who bought above $1.50.
To make it short and sweet for you instead of going round and round by you. Simply put those who have holding power should "win" because if the Cheng Fellows definitely want to be the main shareholders then if they fail in this present partial (cheapo) offer, they will have to offer higher. If not let us see who the Cheng Fellows are afraid off. They may offer higher than the Chengs.
If no other offer, then see how the Chengs bid up the price in the market lol. He who has holding power should win in this case, i will bet my last $ in Wing Tai by waiting.
