@dragon errr, they did improve, performance so much better under the management of Scientex. Why they privatize, what’s the true intention, I do not know also but I’m pretty sure it’s way beyond the undervalue petty valuation play. I guess if you manage a company, it’s much easier to do things privatize, I believe under PJ Lim, it’s for the greater good, or Scientex wouldn’t have this run for the past 20 years since Pj lim is in the steering wheel, they would have privatize mid way, or go for easy money, rather than growing the company continuously for the past 20 years, it’s not easy, talk to someone in the scene, and you would know it’s remarkable, and holding Scientex, I believe PJ Lim is not the type who would cheat his shareholder, unlike *cough cough* V……..
Ofc with 2.7, there is room to go up, if not why do they want to privatize? Again, it’s undervalued, but fair. Besides, you can still own daibochi by buying Scientex, why so stubborn and let your ego drive you, anyway, seems to me such an easy way out, but so many stubborn investors. Privatization falls through or not, was a good sidetrack trade/investment for daibochi 2019-2021, handsome gains. Looking to continue grow with Scientex to newer heights!

@observatory your logic is based on the funds are rational, to me, they are acting emotional as I don’t think they are “tipped” beforehand and the privatization news is dropped to them same time like you ikan bilis-es. Boy oh boy you never see how Scientex grow for the past 20 years do you? I mentioned liquidity issue is that even if the funds want to continue this daibochi growth, they can’t just easily buy up that block of Scientex as Scientex is quite illiquid if you want to buy in 8-9digit sum. They think by challenging for the sake of challenging, they would gain something out of it, time will tell, but either way, why stress yourself out going against the giants when there is a much much easier route, which I mentioned, with almost guarantee a better outcome. Welp, you do you, I guess some ppl like the challenge in life, and some, like me, always go with the easy route.

Personally long term holder of Scientex and bought some daibochi together with Scientex takeover in 2019, now sold and swap to Scientex, as long as MR PJ LIM is steering the wheel, I will just follow him, so far proven never disappointed!

Lol, so much fuss within the ikan bilis here, just sell daibochi and switch to Scientex, then you own full daibochi and Scientex. The funds will have liquidity issue to swap but not you for you all. Pretty sure the idea behind the privatization is more strategic rather playing the cronies privatize low, relist high trick. All of you here arguing to have a higher valuation seems the be the petty one imo.