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China Auto Electronics
13-12-2016, 12:40 PM.
Post: #11
RE: China Auto Electronics
Looks like a squeeze-out. Drop the free float below 10%, the stock suspends and the holdouts are stuck with no recourse.
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13-12-2016, 01:51 PM. (This post was last modified: 13-12-2016, 01:54 PM by brattzz.)
Post: #12
RE: China Auto Electronics
(13-12-2016, 12:40 PM)d.o.g. Wrote: Looks like a squeeze-out. Drop the free float below 10%, the stock suspends and the holdouts are stuck with no recourse.

not stuck yet until 20 Dec 2016, can still sell lah... just sell, else stuck as pte investors!!! :O :O :O
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2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 

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13-12-2016, 02:14 PM.
Post: #13
RE: China Auto Electronics
I already rec'd the pay-out. Sad What if they eventually up the offer price (although highly unlikely), will they apply to those who accepted early?

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13-12-2016, 02:21 PM. (This post was last modified: 13-12-2016, 02:23 PM by brattzz.)
Post: #14
RE: China Auto Electronics
(13-12-2016, 02:14 PM)hh488 Wrote: I already rec'd the pay-out. Sad  What if they eventually up the offer price (although highly unlikely), will they apply to those who accepted early?

they say they will not, so they cannot do it, in fact, the free-float suspension is a shrewd calculated push/move already! no need them to offer any higher anyway, just let SGX suspend, then all stuck investors become pte investors!! Tongue Tongue Tongue

Hope you have made money out of this counter is happy! bring ur family out for a good meal! Big Grin
=========== Signature ===========
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 

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