Wing Tai Holdings

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Cheng himself can also vote on the offer. He just needs 10% to Vote Yes.
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Just to confirm - to vote AGAINST on the purple form

I just need to enter the number of my shares under Section A "Against" box and sign off? No need to fill up on Section B?
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If you are voting against, you do no need to fill up PArt B
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Buying back e lots which were sold to mr cheng...
Thanks you Mr Cheng!
The thing about karma, It always comes around and bite you when you least expected.
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Bought at $1.25 ytd! And now still thinking whether to buy more or not!
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(05-06-2012, 02:18 PM)propertyinvestor Wrote: Bought at $1.25 ytd! And now still thinking whether to buy more or not!

thought you are against in selling 15% of your holdings to Cheng? Or praying he will up the offer?
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(05-06-2012, 03:18 PM)nitro Wrote:
(05-06-2012, 02:18 PM)propertyinvestor Wrote: Bought at $1.25 ytd! And now still thinking whether to buy more or not!

thought you are against in selling 15% of your holdings to Cheng? Or praying he will up the offer?

He wont up the offer. He will just buy through the market. And if the market drops, good for him. His dividend yield will be higher.
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IF the Cheng fellows get his 15% unconditional buy, they will become the controlling shareholder (>50.1%).Will they still buy from the open market? If still buying, shall we follow suit? Or they just want to make sure no one can suddenly becomes the controlling shareholder except themselves? Wait and see lol!
i am not buying any now because my weighted average is only 99 cents (2008/2009 price). but i may start to buy more if Cheng Fellows continue to buy.Big GrinTongue
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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WTF, I knew it. The funds were depressing the price!
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Is it possible to know who is buying?
If Mr Cheng bought he has to declare to sgx ya?
The thing about karma, It always comes around and bite you when you least expected.
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