20-05-2014, 02:48 PM
The worst I had swallowed was with Hersing. The takeover price valued the company at <$150m and the guy quickly sold the agency business within the next 12 months with an asking price of $150m. How/why did minority shareholders (including one substantial SH) accept the offer in double-quick time I don't know. I don't believe everyone is stupid.
http://www.stproperty.sg/articles-proper...m/a/131641
What to do? Luckily for people like us, we have other stocks to choose from. Looking back, it's actually a blessing because the money had been forced to go into better stocks...despite the "loss" from unrealizable profits.
http://www.stproperty.sg/articles-proper...m/a/131641
What to do? Luckily for people like us, we have other stocks to choose from. Looking back, it's actually a blessing because the money had been forced to go into better stocks...despite the "loss" from unrealizable profits.