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(11-06-2012, 11:19 PM)propertyinvestor Wrote: You should spare a thought for the poor retail investors who bought above $1.50. ![Rolleyes Rolleyes](https://www.valuebuddies.com/images/smilies/rolleyes.gif)
the retail investors stuck should do everything they can to block the partial offer. With the chengs having 50%, they will be stuck forever as no one can help unlock the value of wing tai.
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(12-06-2012, 07:23 PM)freedom Wrote: (11-06-2012, 11:19 PM)propertyinvestor Wrote: You should spare a thought for the poor retail investors who bought above $1.50. ![Rolleyes Rolleyes](https://www.valuebuddies.com/images/smilies/rolleyes.gif)
the retail investors stuck should do everything they can to block the partial offer. With the chengs having 50%, they will be stuck forever as no one can help unlock the value of wing tai.
We cant even gather 10% voting rights on this forum to requisition for an EGM to abort this offer or ask the independent director to seek out a better offer.
The best hope for retail investors is to sell to chengs at $1.39, use the money and buy back from the market cheaper.
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(13-06-2012, 10:30 AM)propertyinvestor Wrote: (12-06-2012, 07:23 PM)freedom Wrote: (11-06-2012, 11:19 PM)propertyinvestor Wrote: You should spare a thought for the poor retail investors who bought above $1.50. ![Rolleyes Rolleyes](https://www.valuebuddies.com/images/smilies/rolleyes.gif)
the retail investors stuck should do everything they can to block the partial offer. With the chengs having 50%, they will be stuck forever as no one can help unlock the value of wing tai.
We cant even gather 10% voting rights on this forum to requisition for an EGM to abort this offer or ask the independent director to seek out a better offer. ![Rolleyes Rolleyes](https://www.valuebuddies.com/images/smilies/rolleyes.gif)
The best hope for retail investors is to sell to chengs at $1.39, use the money and buy back from the market cheaper. ![Rolleyes Rolleyes](https://www.valuebuddies.com/images/smilies/rolleyes.gif)
to buy and to stuck more and longer?
what's the logic? better find another good company to invest.
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(13-06-2012, 11:24 AM)freedom Wrote: (13-06-2012, 11:20 AM)propertyinvestor Wrote: (13-06-2012, 10:43 AM)freedom Wrote: (13-06-2012, 10:30 AM)propertyinvestor Wrote: (12-06-2012, 07:23 PM)freedom Wrote: the retail investors stuck should do everything they can to block the partial offer. With the chengs having 50%, they will be stuck forever as no one can help unlock the value of wing tai.
We cant even gather 10% voting rights on this forum to requisition for an EGM to abort this offer or ask the independent director to seek out a better offer. ![Rolleyes Rolleyes](https://www.valuebuddies.com/images/smilies/rolleyes.gif)
The best hope for retail investors is to sell to chengs at $1.39, use the money and buy back from the market cheaper. ![Rolleyes Rolleyes](https://www.valuebuddies.com/images/smilies/rolleyes.gif)
to buy and to stuck more and longer?
what's the logic? better find another good company to invest.
Like what? Metro? St******? ![Rolleyes Rolleyes](https://www.valuebuddies.com/images/smilies/rolleyes.gif)
you can only buy value traps?
lol.
ok lah, buy high growth companies like TT international, GSH Corp, Federal and Jasper Investments
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The offer document has mentioned that the offeror does not intend to revise the offer price. This means that even if Cheng wants to up his price now, he cant. ![Sad Sad](https://www.valuebuddies.com/images/smilies/sad.gif) Really poor thing.
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Woo hoo, offer is going to be extended till end of the month or maybe if they want to push it, 60 days
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if offer is really extended, they better up their offer, otherwise, the Chengs can continue to dream
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