@sitia, sorry if I bring unpleasant feelings to you but I am trying to let you know the risks. That's all. I'm not from Hovid and the reason I created this account is also to join in this conversation. I'm also same as you hoping that the acceptance rate doesnt reach 75%. But the difference between us is that I'm hoping HSS doesnt make higher offer while you will definitely hope for a higher offer. Anyways, let's wait till 29th see how la. =) All the best!

@sitia My advice is to sell out in the open market now and cash out your profit, and look for opportunity to buy back at discount on January. what makes you think that HSS will want to "make sure to delist no matter what"? The company current PE ratio is -88! If your purchase price is less than 36cents, I will say just cash out now in the open market since the downside risk is greater than the upside potential gains. As for waiting for a higher offer price, I do not see much possibility since RM is quite strong now, the cost is already much higher than what the major shareholder expected and SGD to MYR conversion is costlier now. I believe 29th December is the final deadline for the take over offer. What if it doesnt reach 75%? You are expecting HSS to raise their offer price but from what I see, it's better to be safe than sorry.

If the major shareholders still remain the price and can't reach 75% by 29th Dec, I bet the share price will be thrown down to around 20 cents on 2nd Jan 2018 when market reopens. I'm waiting for the bargain to collect some and keep for 2-3 years for the profit to start kicking in. A great company to keep in the long term!