Excelpoint

[beau]

??? pte placement paid 52.5cts, when u can get from market at 35.5cts??? :O :O :O

why would anyone  do such a deal???!!!

Seriously though, why would they do this? Is there an educated reason?

[desmondxyz]

??? pte placement paid 52.5cts, when u can get from market at 35.5cts??? :O :O :O

why would anyone  do such a deal???!!!

Seriously though, why would they do this? Is there an educated reason?

Usually ppl pay higher premium for large stake in a good company, not sure why excelpoint...

[beau]

EXCELPOINT DELIVERS A STRONG 3Q WITH 81.2% INCREASE IN NET PROFIT


http://infopub.sgx.com/FileOpen/ETL_Pres...eID=427416

[beau]

??? pte placement paid 52.5cts, when u can get from market at 35.5cts??? :O :O :O

why would anyone  do such a deal???!!!

After observing Excelpoint for a while now, I believe the reason for the private placement is probably because of liquidity. Excelpoint is simply too thinly traded for any external company to acquire a large stake in via the open markets. Even for a small retail investor, it is difficult to accumulate a substantial position because of liquidity problems. I believe this is also the reason why Excelpoint is undervalued at currently $0.41.

[cyclone]

Excelpoint's Wholly-owned Subsidiary, PlanetSpark, Undertakes an Investment of US$2 Million in Meridian Innovation

SGX mainboard-listed Excelpoint Technology Ltd. announced that its wholly-owned subsidiary, PlanetSpark Pte. Ltd., the Group’s entrepreneurial and investment arm, has undertaken an investment of US$2 million in Meridian Innovation Pte. Ltd., a Singapore-based company developing Thermal Imaging Sensor based solutions for commercial and consumer applications that will enable safer and better living.

With its design house incubated in Singapore, Meridian’s thermal sensors are the first to be integrated with the Complementary metal–oxide–semiconductor ("CMOS") technology, allowing the manufacturing process for their thermal cameras to be easily scaled for high volume production. Since they surfaced at the recent CES show in Las Vegas, their products have gained the attention of big players within the industry. This week, Meridian is also exhibiting at the Shanghai CES show.

More details in https://links.sgx.com/FileOpen/Meridian_...eID=563264