Posts: 9,841
Threads: 711
Joined: Mar 2012
Reputation:
64
(22-04-2016, 12:09 AM)corydorus Wrote: If the quarter figure has been good, minority shareholders will ask for more. Of course it has not been doing well recently after many quarters of goodness. But Sim believe in cyclic so we need to assume the business will come back. 
btw i cannot fully comprehend the logic of de-listing will improve operation since he already has firm control of the company.
Minority shareholder cannot change his decisions anyway so I am not sure answering shareholders queries will impact how he is going to run the business. Care to enlighten ?
One important point to note for listed companies i.e. all corporate actions are subjected to public (not necessary only the shareholders) scrutinization, and formal procedures. The companies gain liquidity and ease of capital raising with the chores.
The same logic for the privatization of Dell not too long ago. Mr. Dell decision is right, at least one year after went private.
http://www.wsj.com/articles/michael-dell...1416872851
Will Osim fares better as a private company? Well, Mr. Sim is betting on that obviously...
(not vested)
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
Posts: 3,733
Threads: 6
Joined: Oct 2012
Reputation:
95
22-04-2016, 01:32 PM
(This post was last modified: 22-04-2016, 01:39 PM by specuvestor.)
Notwithstanding that I am skeptical of Osim, it is usually the norm that before a takeover from OPMI the PnL are usually weak. Conversely to IPO a company and raise money from OPMI, the PnL is usually strong
I'm sure people will be stoning me on questioning auditors and accountants. I'm not... it's people are mistaken in their assumption. Like I always say, the accounting figures are a pale reflection of reality but people assume they are reality itself. They trust numbers rather than look at how over time the business is doing, even though these numbers are 4 snapshots out of 365 days.
For those old enough you will remember that SIP has been bleeding money when Singapore was a 65% majority holder. After Singapore reduced to 35% ownership SIP immediately turned profitable after 7 years of losses and became such a success that LKY went to commemorate the 10th (?) anniversary touting it as a success between Singapore and China government.
And maybe another clarification on the nomenclature: delisting does not necessarily mean private company. It is possible to be an unlisted public company with more than 50 shareholders.
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
Posts: 2,512
Threads: 24
Joined: Sep 2010
Reputation:
19
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!
Posts: 9,841
Threads: 711
Joined: Mar 2012
Reputation:
64
The case is closed...
TWG, its founder lose court case against OSIM
25 Apr 2016 09:00
By Anita Gabriel
OSIM International scored big in a two-year- long legal battle on Friday after the Singapore High Court dismissed all claims against the firm by The Wellness Group (TWG) and its chairman Manoj Murjani for oppressive conduct and conspiracy to injure in relation to the lifestyle firm's shares in TWG Tea.
...
Source: Business Times
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
Posts: 3,176
Threads: 630
Joined: Sep 2010
Reputation:
26
Ron Sim applies to list V3 in Hong Kong
Thursday, April 6, 2017 - 11:26
by ANGELA TAN
OSIM International, which was delisted from the Singapore Exchange last August, has re-emerged as V3 which is seeking a listing on the Stock Exchange of Hong Kong.
In a filing on Wednesday, V3 is described as an Asian luxury group in lifestyle and wellness business. Its management team is headed by Singapore's Ron Sim, who is also Osim's founder, executive chairman and chief executive officer.
More details in
http://www.businesstimes.com.sg/companie...-hong-kong
Specuvestor: Asset - Business - Structure.
Posts: 1,767
Threads: 14
Joined: Jan 2011
Reputation:
15
Is a surprise but not surprise. All the while i doubt his de-list motives or reasoning.
Posts: 26
Threads: 0
Joined: Mar 2017
Reputation:
0
Listing on the HKExch does fetch a better valuation than that on SGX where many companies are trading at below NAV! Like that SGX will shrink further going forward!
Homepage
PR Newswire
