20-11-2015, 08:20 AM
http://www.valuebuddies.com/thread-5501-...#pid122719
In hindsight, FCL bought ALZ well and is systematically developing and extracting value from ALZ's asset heavy and asset light platforms...
Since the mega acquisitions in late 2014, ALZ has featured prominently not withstanding A$ declining from 1.15 to a recent par levels. Should the veteran prediction comes true... one can expect tailwind for ALZ in terms of currency exposure.
If I recall correctly FCL-ALZ is by far the largest exposure that any SGX listco can find.
Pls correct me if I m wrong
Vested
Core
GG
In hindsight, FCL bought ALZ well and is systematically developing and extracting value from ALZ's asset heavy and asset light platforms...
Since the mega acquisitions in late 2014, ALZ has featured prominently not withstanding A$ declining from 1.15 to a recent par levels. Should the veteran prediction comes true... one can expect tailwind for ALZ in terms of currency exposure.
If I recall correctly FCL-ALZ is by far the largest exposure that any SGX listco can find.
Pls correct me if I m wrong
Vested
Core
GG