Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
WBL Corporation
27-11-2012, 01:06 AM.
Post: #11
RE: WBL Corporation Limited
From my understanding, you can either choose to receive $3.41 in cash or 1.07 shares of Straits Trading for your 1 share of WBL.
The offer is for all shareholders.

Please correct me if I'm wrong.
Specuvestor: Asset - Business - Structure.

http://www.valuebuddies.com
Website Find Reply
27-11-2012, 08:42 AM.
Post: #12
RE: WBL Corporation Limited
$3.41 is undervalued IMO.
You can count on the greed of man for the next recession to happen.

Find Reply
27-11-2012, 09:01 AM.
Post: #13
RE: WBL Corporation Limited
this ms chew is playing a bargain game with us i think..
offering 3.41 when market close last night was 3.48.

Find Reply
27-11-2012, 09:43 AM.
Post: #14
RE: WBL Corporation Limited
swapping WBL for STC is a good idea. STC now enjoys recurring revenue from their 20% stake in FEO hospitality management company.

Find Reply
27-11-2012, 05:48 PM. (This post was last modified: 27-11-2012, 06:01 PM by pianist.)
Post: #15
RE: WBL Corporation Limited
(27-11-2012, 09:43 AM)propertyinvestor Wrote: swapping WBL for STC is a good idea. STC now enjoys recurring revenue from their 20% stake in FEO hospitality management company.
why would i want 20% stake in that when I already own FEO shares directly?
STC doesn't look like a solid choice compared to WBL.
plus their cash offer at 3.41 really 'smells' when market was bidding at 3.83 before halt today.

Find Reply
27-11-2012, 06:28 PM.
Post: #16
RE: WBL Corporation Limited
(27-11-2012, 05:48 PM)pianist Wrote:
(27-11-2012, 09:43 AM)propertyinvestor Wrote: swapping WBL for STC is a good idea. STC now enjoys recurring revenue from their 20% stake in FEO hospitality management company.
why would i want 20% stake in that when I already own FEO shares directly?
STC doesn't look like a solid choice compared to WBL.
plus their cash offer at 3.41 really 'smells' when market was bidding at 3.83 before halt today.

If it smells, why did Aberdeen accept it? Why did Third avenue accept the offer? Big Grin

Find Reply
27-11-2012, 06:41 PM.
Post: #17
RE: WBL Corporation Limited
(27-11-2012, 06:28 PM)propertyinvestor Wrote:
(27-11-2012, 05:48 PM)pianist Wrote:
(27-11-2012, 09:43 AM)propertyinvestor Wrote: swapping WBL for STC is a good idea. STC now enjoys recurring revenue from their 20% stake in FEO hospitality management company.
why would i want 20% stake in that when I already own FEO shares directly?
STC doesn't look like a solid choice compared to WBL.
plus their cash offer at 3.41 really 'smells' when market was bidding at 3.83 before halt today.

If it smells, why did Aberdeen accept it? Why did Third avenue accept the offer? Big Grin
do you know if these fund houses are also getting 3.41 per share...

Find Reply
01-12-2012, 11:33 PM.
Post: #18
RE: WBL Corporation Limited
The stock closed at $3.84 last week. Is the market expecting a competing bid for WBL?

Find Reply
02-12-2012, 09:27 AM.
Post: #19
RE: WBL Corporation Limited
There is a cover story on WBL in most recent issue of The Edge Singapore. Titled as "The play for WBL"

It give an good overview and reason(s) to bid for WBL and future plan(s) of WBL
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡

Find Reply
02-12-2012, 10:51 AM.
Post: #20
RE: WBL Corporation Limited
(02-12-2012, 09:27 AM)CityFarmer Wrote: There is a cover story on WBL in most recent issue of The Edge Singapore. Titled as "The play for WBL"

It give an good overview and reason(s) to bid for WBL and future plan(s) of WBL
can u paste it here please?

Find Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)
Valuebuddies.com | Return to Top | Lite (Archive) Mode | RSS Syndication | CONTACT US: nas......@valuebuddies.com | | Share Buy-Back | Disclosure of Interest