tag:blogger.com,1999:blog-29462482.post5414684459346445099..comments2023-10-17T15:46:53.662+08:00Comments on nexttrade: ENG- privatization offer price lowered to RM2.00 a pieceAlex Luhttp://www.blogger.com/profile/08920196030603399063noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-29462482.post-68030905102724347662012-03-22T17:54:00.335+08:002012-03-22T17:54:00.335+08:00Hi Alex,
What is your view about Banalec, will it...Hi Alex,<br /><br />What is your view about Banalec, will it be rising after the expiry of Benalec-CA?<br /><br />How about Ancomlb? Its seem like moving today.<br /><br />Thanks.Unknownhttps://www.blogger.com/profile/12852237170093141876noreply@blogger.comtag:blogger.com,1999:blog-29462482.post-78254806273928013852012-03-21T17:07:53.697+08:002012-03-21T17:07:53.697+08:00Dear Alex,
Thanks for your swift reply.From what I...Dear Alex,<br />Thanks for your swift reply.From what I understand,both Lim KY and Lim Tze Tian who are directors of TSM are the main shareholders of the offeror,ie,WRC.Does that mean the chances of the deal going through is extremely high?<br />Thanks again,Alex.newbiehttps://www.blogger.com/profile/11662943720662588117noreply@blogger.comtag:blogger.com,1999:blog-29462482.post-75715831736987757372012-03-21T16:04:58.266+08:002012-03-21T16:04:58.266+08:00Hi newbie,
I agree with you on the disappointing ...Hi newbie,<br /><br />I agree with you on the disappointing offer to privatize TSM. The stock was badly beaten down due to the error of diversifying into the die-cast & precision operation. The management has discontinued that operation & recognized the losses. To offer to privatize the company at such a low price when it is on its knees strikes me as opportunistic.<br /><br />The major shareholders are Lim KY and his family members. Their stakes amount to 25%. This means that it is not easy to privatize this company, especially at such a low price.Alex Luhttps://www.blogger.com/profile/08920196030603399063noreply@blogger.comtag:blogger.com,1999:blog-29462482.post-29026357900220700832012-03-21T10:20:33.294+08:002012-03-21T10:20:33.294+08:00Dear Alex,
Touching on the subject of privatizatio...Dear Alex,<br />Touching on the subject of privatization,could you kindly offer your take on TSM?Its fate is currently hinging on the offer of RM1.25 from WRC.It's a very ridiculous offer,don't you think?Do you think it will go through?<br />Thank you in advance,Alex.newbiehttps://www.blogger.com/profile/11662943720662588117noreply@blogger.com