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
psolhawk Offline
Member
***
Posts: 165
Threads: 4
Joined: Feb 2012
Reputation: 3
#81
21-06-2013, 07:04 PM
It's a ripoff. Clearly Jurong Point is worth more than this 20% premium to last traded price. Valuebuddies recommend: Reject! Big Grin hope Lee Kim Tah do better. :p
Find
Reply
shn Offline
Member
***
Posts: 103
Threads: 0
Joined: Jun 2012
Reputation: 2
#82
21-06-2013, 07:20 PM
I am not going to accept. Book value is $1.01 and I am not surprised the RNAV could be more. Will work out over the weekend!
Find
Reply
Jacmar Online
Member
***
Posts: 476
Threads: 15
Joined: Sep 2010
Reputation: 17
#83
21-06-2013, 07:48 PM
(21-06-2013, 07:04 PM)psolhawk Wrote: It's a ripoff. Clearly Jurong Point is worth more than this 20% premium to last traded price. Valuebuddies recommend: Reject! Big Grin hope Lee Kim Tah do better. :p

I totally agree with you. Screw them, I am not letting go. Buying in at 12% below NTA. What a joke. I was expecting maybe like 95-98 range. I know what the IFA is going to say: fair but not compelling.
Find
Reply
opmi Offline
Posting Freak
*****
Posts: 2,744
Threads: 23
Joined: Mar 2013
Reputation: 25
#84
21-06-2013, 08:09 PM
Write Complaint letter to IDs and newspapers quickly. Bitching about it at VB won't help.
By the time IFA report is out. Game over Liao.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
Find
Reply
brattzz Offline
Posting Freak
*****
Posts: 2,512
Threads: 24
Joined: Sep 2010
Reputation: 19
#85
21-06-2013, 08:25 PM
sometimes, bitching at VB does help! Big Grin have to get the BT's correspondences to write in her BT Sunday time!
Big Grin

If Guthrie is worth 88cts at a ripoff price... then... LKT....!! WAOS! Big Grin
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
opmi Offline
Posting Freak
*****
Posts: 2,744
Threads: 23
Joined: Mar 2013
Reputation: 25
#86
21-06-2013, 08:32 PM
BT don't have Sunday Times..hahaha.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
Find
Reply
brattzz Offline
Posting Freak
*****
Posts: 2,512
Threads: 24
Joined: Sep 2010
Reputation: 19
#87
21-06-2013, 09:04 PM
(21-06-2013, 08:32 PM)opmi Wrote: BT don't have Sunday Times..hahaha.

oh paiseh, it's the sunday time biz corner, the lady corrospondent, last time she quoted VB for the a country's property thread, and then VB kanna lawyer letter and her blog also, her articles ruffles some feathers!
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
doggy77 Offline
Newbie
*
Posts: 3
Threads: 0
Joined: Dec 2010
Reputation: 0
#88
21-06-2013, 09:28 PM
I m letting go, I been to the agm, the chairman is a sentimental person, when kana wack on why the rational to keep the " cannot make it " engineering division , he cited the people have a long history there...so not easy to let go.
We are in business to make $, not for sentimental value.
Find
Reply
opmi Offline
Posting Freak
*****
Posts: 2,744
Threads: 23
Joined: Mar 2013
Reputation: 25
#89
21-06-2013, 09:34 PM
(21-06-2013, 09:28 PM)doggy77 Wrote: I m letting go, I been to the agm, the chairman is a sentimental person, when kana wack on why the rational to keep the " cannot make it " engineering division , he cited the people have a long history there...so not easy to let go.
We are in business to make $, not for sentimental value.

once privatised, $$$ talk, no more sentimental value.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
Find
Reply
smallcaps Offline
Senior Member
****
Posts: 820
Threads: 12
Joined: Jun 2012
Reputation: 7
#90
21-06-2013, 09:52 PM
Not so familiar with the company but looking at the historical prices, wats the reason for offer only now? Thought should have offered like 1-2 years ago when the price was much lower... Maybe Jurong Lake District going to boost valuations? Or before the white site opposite Jurong Point gets sold?
Find
Reply


Forum Jump:


Users browsing this thread: 8 Guest(s)