ValueBuddies.com : Value Investing Forum - Singapore, Hong Kong, U.S. › ValueBuddies.com › Singapore Listed Companies › G - G v
Guthrie GTS

Guthrie GTS

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
nsengkia Offline
Member
***
Posts: 91
Threads: 2
Joined: Sep 2010
Reputation: 13
#221
15-08-2013, 06:33 AM
Took the other track - have sent in the acceptance form and gotten the (slightly less) money but paid no brokerage fees. The discount is an option because if the offer is subsequently raised, I will qualify for the additional payment. And if not, have switched to another undervalued counter.
Find
Reply
Wildreamz Offline
Long-term Investor
*****
Posts: 1,507
Threads: 29
Joined: Jan 2013
Reputation: 33
#222
15-08-2013, 02:43 PM
(15-08-2013, 06:33 AM)nsengkia Wrote: Took the other track - have sent in the acceptance form and gotten the (slightly less) money but paid no brokerage fees. The discount is an option because if the offer is subsequently raised, I will qualify for the additional payment. And if not, have switched to another undervalued counter.

When will you receive the cash? Sorry haven't really read through the details of the offer.
Find
Reply
cif5000 Offline
Senior Member
****
Posts: 564
Threads: 2
Joined: Sep 2010
Reputation: 17
#223
15-08-2013, 04:17 PM
(15-08-2013, 02:43 PM)Wildreamz Wrote:
(15-08-2013, 06:33 AM)nsengkia Wrote: Took the other track - have sent in the acceptance form and gotten the (slightly less) money but paid no brokerage fees. The discount is an option because if the offer is subsequently raised, I will qualify for the additional payment. And if not, have switched to another undervalued counter.

When will you receive the cash? Sorry haven't really read through the details of the offer.

Within 10 days as stated in the document.
For me, it was ON the 10th day at about 5pm! No free lunch eh?
Find
Reply
Wildreamz Offline
Long-term Investor
*****
Posts: 1,507
Threads: 29
Joined: Jan 2013
Reputation: 33
#224
16-08-2013, 12:41 AM
Thank you.

In that case, yeah, not that bad.

If I knew that, I might have sold it to them when I received the option to sell.
Find
Reply
palantir Offline
Member
***
Posts: 80
Threads: 1
Joined: May 2012
Reputation: 0
#225
16-08-2013, 06:25 PM
With 80+% acquired.... The free float will be affected even if they didn't manage to get > 90% will become an illiquid stock?
Find
Reply
brattzz Offline
Posting Freak
*****
Posts: 2,512
Threads: 24
Joined: Sep 2010
Reputation: 19
#226
16-08-2013, 09:55 PM (This post was last modified: 16-08-2013, 09:56 PM by brattzz.)
i bet no more up offer, then offer expire... and try again next time... Tongue

Will accumulate after offer lapsed and Guthrie is still listed. Tongue
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! 
Find
Reply
LOVE YOURSELF Offline
Junior Member
**
Posts: 40
Threads: 0
Joined: Aug 2013
Reputation: 1
#227
17-08-2013, 08:29 PM
(16-08-2013, 09:55 PM)brattzz Wrote: i bet no more up offer, then offer expire... and try again next time... Tongue

Will accumulate after offer lapsed and Guthrie is still listed. Tongue


What do you think the share price would be? Up or down?
Find
Reply
desmondxyz Offline
Senior Member
****
Posts: 609
Threads: 1
Joined: Jan 2013
Reputation: 12
#228
17-08-2013, 10:35 PM
(17-08-2013, 08:29 PM)LOVE YOURSELF Wrote:
(16-08-2013, 09:55 PM)brattzz Wrote: i bet no more up offer, then offer expire... and try again next time... Tongue

Will accumulate after offer lapsed and Guthrie is still listed. Tongue


What do you think the share price would be? Up or down?

I bet down....look at FNN
Find
Reply
LOVE YOURSELF Offline
Junior Member
**
Posts: 40
Threads: 0
Joined: Aug 2013
Reputation: 1
#229
19-08-2013, 05:02 PM
(07-08-2013, 06:30 AM)shn Wrote: Each one will have to make his/her decision. I am inclined to think that the offer will be revised upward because there is still a lot of meat left for the controlling shareholders even if the offer is revised upward by 10% to 97 cents.

Assume that the controlling shareholders made an offer at 97 cents to start with, other shareholders would still expect a revision of the offer; hence, if I am the controlling shareholders, I will also first offer a price lower than the final price I am willing to offer, and then revise the price upward later.

I believe 97 cents is fair to both parties. I am one who bought more at 88 cents from the market after weighting the risk and reward.


What is your strategy?
Find
Reply
edragon Offline
Member
***
Posts: 284
Threads: 2
Joined: Sep 2010
Reputation: 3
#230
19-08-2013, 05:11 PM
(17-08-2013, 10:35 PM)desmondxyz Wrote: I bet down....look at FNN

FNN wants to remain listed whereas this coy want to delist, just the opposite.
Find
Reply


Forum Jump:


Users browsing this thread: 33 Guest(s)