Starburst Holdings

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
#81
Results out. The star is falling... And I'm surprised that management glossed over the big drop in revenue and net loss.

(not vested)

http://infopub.sgx.com/Apps?A=COW_CorpAn...0032260b4c

Sent from my D5503 using Tapatalk
Reply
#82
A falling star indeed.

OCBC ceases coverage on Starburst

SINGAPORE (March 9): OCBC Investment Research is ceasing coverage on firearms-training facilities provider Starburst Holdings due to lack of market liquidity.
http://www.theedgemarkets.com.sg/article...-starburst
Reply
#83
Nordic Group is buying the 69.7% controlling block from the 2 founders/EDs - Mr Edward Lim Chin Wah and Mr Yap Tin Foo - and has made a voluntary conditional offer at $0.238/share with the view to privatise Starburst Holdings..
https://links.sgx.com/FileOpen/Announcem...eID=697008

Another promising company to be delisted from SGX!

While Lim and Yap are giving up their combined ambition to build Starburst's well-established business as a listed enterprise and apparently now prefer to be just salary managers under Nordic Group, a relevant question for Starburst's minority shareholders : Is $0.238/share a fair price or good enough?
Reply


Forum Jump:


Users browsing this thread: 4 Guest(s)