31-01-2013, 08:36 PM
(13-09-2012, 08:14 PM)VestedInterest Wrote: So if the offer becomes unsuccessful, the price will fall to between 11-12 cents. This would be a good buying opportunity. The div yield would be more than 4%. Keppel and Steve Green could still up the offer if they wanted the company bad enough. They almost nearly got it in the bag. I think a 1- 2 cent increase will persuade the nos. needed to take K1 private to throw in the towel.
It's share price has been rising steadily with the market. Got queried by SGX today! Think some people are expecting some kind of ang pow from this company this CNY. Lucky those who held on to their shares from last year.