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Guthrie GTS

Guthrie GTS

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nsengkia Offline
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#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.
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Wildreamz Offline
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#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.
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cif5000 Offline
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#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?
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Wildreamz Offline
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#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.
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palantir Offline
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#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?
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brattzz Offline
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#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! 
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LOVE YOURSELF Offline
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#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?
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desmondxyz Offline
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#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
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LOVE YOURSELF Offline
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#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?
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edragon Offline
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#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.
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