Posts: 229
Threads: 2
Joined: Feb 2012
Reputation:
0
This is looking really interesting. If Ben has to transfer all the stake of 15% to dad and there is really very few shares in the counter free float, it would be possible that Ben need to buy the shares in open market. If 46cts is considered by him a insider to be reasonable, who else out there is playing game with him.
He will be in trouble if nobody member help him in the vote. Dad will be putting some1 he trust more than the son on the board?
Who will it be? Looks like some1 other than Ben is playing the share up?
Posts: 20
Threads: 0
Joined: Sep 2011
Reputation:
0
[/quote]
My own deduction on CBB's recent purchases and the logic behind his actions is simply: (1) he still sees good enough value at $0.47/share, and (2) he does not want to lose out to others - including those known or unknown to him - who were buying at the $0.46/0.47 price level on 29Mar12.
[/quote]
I am sure he sees the value all along and not just last week. Truth is he could have bought earlier at cheaper if he had wanted to, when the volume started to pick up earlier last month, but he did not. Looks like for some reason he is portraying confidence.
Interesting to see what comes next...
Posts: 2,113
Threads: 19
Joined: Dec 2010
Reputation:
5
When there is divide between major shareholders, especially, almost equal shareholding, it is not really bad a thing. At least, the minority shareholders' voice will not fall on deaf ears. Just hope they would not try to destroy the company to prove their positions, that would be really bad.
Posts: 229
Threads: 2
Joined: Feb 2012
Reputation:
0
if really, tomorrow again Ben or Father accumulate we could well see action from market participant. Some1 will come up to support either 1 and try to make a deal. I suspect father stake will be sold. The son alrdy has a board that he have been working with sometime alrdy - so father really has got no choice but align with external party - may be take it private and enjoy the money in retirement?
Another issue going on is Super? Will it also boost Viz action if really leaks come out?
Posts: 20
Threads: 0
Joined: Sep 2011
Reputation:
0
Continue buying by Ben Chng:
Date of transaction: 2 April 2012
Number of shares: 156,000
Consideration per share: 0.495
Date of transaction: 2 April 2012
Number of shares: 159,000
Consideration per share: 0.500
GO soon...???
Posts: 2,950
Threads: 71
Joined: Sep 2010
Reputation:
51
After looking at the recent rise in the share prices of both Viz Branz and Super Group, I am just wondering whether Super Group could be interested to acquire and privatise Viz Branz in a part-cash and part-share deal ? Strategically, a merger of the 2 appears quite a good fit and synergistic, and allows Super Group to grow market share more quickly in countries like PRC, Myanmar and Vietnam. What do fellow forumers think?
Posts: 9,841
Threads: 711
Joined: Mar 2012
Reputation:
64
If it happen, then a cruel re-structuring may occur, since the two had substantially overlap on the SEA market, and in Instant Beverages biz
just my 2 cts
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
Posts: 2,113
Threads: 19
Joined: Dec 2010
Reputation:
5
05-04-2012, 02:41 PM
(This post was last modified: 05-04-2012, 02:41 PM by freedom.)
when super acquired owl brand, it also had overlap. different marketing strategy for different brand.
not that I am implying that super is going to or should buy over viz branz.
Posts: 229
Threads: 2
Joined: Feb 2012
Reputation:
0
Not sure how much Myanmar contribution to Viz Branz that he need payment to related party. Super is so hype up with the Myanmar and Viz Branz should not be too far behind in the game when Myanmar fully open up.
Suspect accumulation is also a Myanmar theme going on?
Homepage
PR Newswire
