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02-04-2013, 10:28 PM
(This post was last modified: 02-04-2013, 10:33 PM by Stockerman.)
Breadtalk with NAV of only 28 cents is valued by Mr Market at $1 today…
As long as there is not much interest from the investment community on New Toyo, it WILL continue to languish below its NAV.
And with the tainted track records since its IPO (including the SAH saga, etc) , there is little reason to believe that it would ever raise its head high............
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nice to know tt yen yen buys some shares today
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It is indeed rare that New Toyo's internal directors/CEO buy shares of New Toyo...
If it is just for a meagre gain of a few cents, dont think the director/CEO will bother buying up...
this is a VERY STRONG signal that New Toyo is giving to its loyal investors/followers that BIG FAT SPECIAL dividends are on the way!
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If the share price is below the NAV, and with the amount of cash that New Toyo is holding, and the thin volume of trade, there's a chance of privatization.
(03-04-2013, 03:08 AM)Underdogger Wrote: It is indeed rare that New Toyo's internal directors/CEO buy shares of New Toyo...
If it is just for a meagre gain of a few cents, dont think the director/CEO will bother buying up...
this is a VERY STRONG signal that New Toyo is giving to its loyal investors/followers that BIG FAT SPECIAL dividends are on the way!
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Why privatize? And at what price? if the offer price is no good, there is more than enough minority votes to oppose the move..
(03-04-2013, 09:25 AM)Louhan Wrote: If the share price is below the NAV, and with the amount of cash that New Toyo is holding, and the thin volume of trade, there's a chance of privatization.
(03-04-2013, 03:08 AM)Underdogger Wrote: It is indeed rare that New Toyo's internal directors/CEO buy shares of New Toyo...
If it is just for a meagre gain of a few cents, dont think the director/CEO will bother buying up...
this is a VERY STRONG signal that New Toyo is giving to its loyal investors/followers that BIG FAT SPECIAL dividends are on the way!
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The offer price can be between current price and NAV. An example is Superior Multi-Packaging. The offer price of 14 cents was lower than NAV, and higher than the market price of 11 cents. The privatization went through. Privatization will save the cost of listing on SGX.
(03-04-2013, 11:46 AM)Stockerman Wrote: Why privatize? And at what price? if the offer price is no good, there is more than enough minority votes to oppose the move..
(03-04-2013, 09:25 AM)Louhan Wrote: If the share price is below the NAV, and with the amount of cash that New Toyo is holding, and the thin volume of trade, there's a chance of privatization.
(03-04-2013, 03:08 AM)Underdogger Wrote: It is indeed rare that New Toyo's internal directors/CEO buy shares of New Toyo...
If it is just for a meagre gain of a few cents, dont think the director/CEO will bother buying up...
this is a VERY STRONG signal that New Toyo is giving to its loyal investors/followers that BIG FAT SPECIAL dividends are on the way!
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if special dividend of 10 cents is declared, share price might shoot up to 40 cents and beyond, how to privatize at NAV and below?
(03-04-2013, 12:22 PM)Louhan Wrote: The offer price can be between current price and NAV. An example is Superior Multi-Packaging. The offer price of 14 cents was lower than NAV, and higher than the market price of 11 cents. The privatization went through. Privatization will save the cost of listing on SGX.
(03-04-2013, 11:46 AM)Stockerman Wrote: Why privatize? And at what price? if the offer price is no good, there is more than enough minority votes to oppose the move..
(03-04-2013, 09:25 AM)Louhan Wrote: If the share price is below the NAV, and with the amount of cash that New Toyo is holding, and the thin volume of trade, there's a chance of privatization.
(03-04-2013, 03:08 AM)Underdogger Wrote: It is indeed rare that New Toyo's internal directors/CEO buy shares of New Toyo...
If it is just for a meagre gain of a few cents, dont think the director/CEO will bother buying up...
this is a VERY STRONG signal that New Toyo is giving to its loyal investors/followers that BIG FAT SPECIAL dividends are on the way!
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03-04-2013, 08:32 PM
(This post was last modified: 03-04-2013, 08:33 PM by Underdogger.)
if the owners want to privatize New Toyo, be sure that they will do all kinds of things to make New Toyo look cheap...
1. stop regular dividends...
2. increase operating costs so as to depress profit artificially...
3. systematically release "bad" news into the market to depress share prices, etc
Then finally, give you a 10 to 20% premium to last traded price but is still far below the NAV....
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Ha ha, that really funny way to describe it.
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04-04-2013, 02:10 PM
(This post was last modified: 04-04-2013, 05:17 PM by Underdogger.)
Yen family needs to pledge their New Toyo shares for cash. Do u think they got money to take NT private?
Rather, father may urge son to urge NT board to pay hefty special dividends
you have to know the game plan for New Toyo. Why did New Toyo exist in the first place? How did New Toyo manage to secure business from BAT?
What did BAT do to help New Toyo cement their position as the dominant player in this region of Asia Pacific? How come Amcor pull out of Malaysia?
If u know this history and background, u can roughly guess what would likely be the ulimate game plan for New Toyo ?
(03-04-2013, 05:47 PM)Stockerman Wrote: if special dividend of 10 cents is declared, share price might shoot up to 40 cents and beyond, how to privatize at NAV and below?
(03-04-2013, 12:22 PM)Louhan Wrote: The offer price can be between current price and NAV. An example is Superior Multi-Packaging. The offer price of 14 cents was lower than NAV, and higher than the market price of 11 cents. The privatization went through. Privatization will save the cost of listing on SGX.
(03-04-2013, 11:46 AM)Stockerman Wrote: Why privatize? And at what price? if the offer price is no good, there is more than enough minority votes to oppose the move..
(03-04-2013, 09:25 AM)Louhan Wrote: If the share price is below the NAV, and with the amount of cash that New Toyo is holding, and the thin volume of trade, there's a chance of privatization.
(03-04-2013, 03:08 AM)Underdogger Wrote: It is indeed rare that New Toyo's internal directors/CEO buy shares of New Toyo...
If it is just for a meagre gain of a few cents, dont think the director/CEO will bother buying up...
this is a VERY STRONG signal that New Toyo is giving to its loyal investors/followers that BIG FAT SPECIAL dividends are on the way!
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