(11-06-2012, 11:19 PM)propertyinvestor Wrote: [ -> ]You should spare a thought for the poor retail investors who bought above $1.50. 
the retail investors stuck should do everything they can to block the partial offer. With the chengs having 50%, they will be stuck forever as no one can help unlock the value of wing tai.
(12-06-2012, 07:23 PM)freedom Wrote: [ -> ] (11-06-2012, 11:19 PM)propertyinvestor Wrote: [ -> ]You should spare a thought for the poor retail investors who bought above $1.50.
the retail investors stuck should do everything they can to block the partial offer. With the chengs having 50%, they will be stuck forever as no one can help unlock the value of wing tai.
We cant even gather 10% voting rights on this forum to requisition for an EGM to abort this offer or ask the independent director to seek out a better offer.
The best hope for retail investors is to sell to chengs at $1.39, use the money and buy back from the market cheaper.
(13-06-2012, 10:30 AM)propertyinvestor Wrote: [ -> ] (12-06-2012, 07:23 PM)freedom Wrote: [ -> ] (11-06-2012, 11:19 PM)propertyinvestor Wrote: [ -> ]You should spare a thought for the poor retail investors who bought above $1.50.
the retail investors stuck should do everything they can to block the partial offer. With the chengs having 50%, they will be stuck forever as no one can help unlock the value of wing tai.
We cant even gather 10% voting rights on this forum to requisition for an EGM to abort this offer or ask the independent director to seek out a better offer.
The best hope for retail investors is to sell to chengs at $1.39, use the money and buy back from the market cheaper.
to buy and to stuck more and longer?
what's the logic? better find another good company to invest.
(13-06-2012, 11:24 AM)freedom Wrote: [ -> ] (13-06-2012, 11:20 AM)propertyinvestor Wrote: [ -> ] (13-06-2012, 10:43 AM)freedom Wrote: [ -> ] (13-06-2012, 10:30 AM)propertyinvestor Wrote: [ -> ] (12-06-2012, 07:23 PM)freedom Wrote: [ -> ]the retail investors stuck should do everything they can to block the partial offer. With the chengs having 50%, they will be stuck forever as no one can help unlock the value of wing tai.
We cant even gather 10% voting rights on this forum to requisition for an EGM to abort this offer or ask the independent director to seek out a better offer.
The best hope for retail investors is to sell to chengs at $1.39, use the money and buy back from the market cheaper.
to buy and to stuck more and longer?
what's the logic? better find another good company to invest.
Like what? Metro? St******?
you can only buy value traps?
lol.
ok lah, buy high growth companies like TT international, GSH Corp, Federal and Jasper Investments
The offer document has mentioned that the offeror does not intend to revise the offer price. This means that even if Cheng wants to up his price now, he cant.
Really poor thing.
Woo hoo, offer is going to be extended till end of the month or maybe if they want to push it, 60 days
if offer is really extended, they better up their offer, otherwise, the Chengs can continue to dream