Fischer Tech

[GenS70]

Based on the last full year result, my computation of Fischer tech 4x EV/EBITDA will be $2.40

I believe Spindex is being privatized at 3.8x EV/EBITDA, which I believe one has to see it as cheap or at least attractive otherwise I would not privatise it if I am the Tans, when they are already the controlling shareholder

Glad there is a closure now, take out at > 4x EV/EBITDA.

so who is next? 

or who is the cheapest plastic play now?

[cyclone]

Fischer Tech Ltd will be delisted from the Official List of the SGX-ST with effect from 7 November 2017.