Nothing new to add on the potential undervaluation, which can be found on the internet. In general, the driver for privatisation always seems to be undervaluation by the stock market. Would be interested to see the board recommendation.
I did read your comments and do understand your point of view. One thing I wasn't so sure though - if you feel the offer price is fully valued, doesn't it make sense to sell after the suspension? It sounds like you are still invested although there doesn't seem to be much upside left.
Stock: [KIANJOO]: KIAN JOO CAN FACTORY BHD
2013-12-23 22:26 | Report Abuse
Nothing new to add on the potential undervaluation, which can be found on the internet. In general, the driver for privatisation always seems to be undervaluation by the stock market. Would be interested to see the board recommendation.
I did read your comments and do understand your point of view. One thing I wasn't so sure though - if you feel the offer price is fully valued, doesn't it make sense to sell after the suspension? It sounds like you are still invested although there doesn't seem to be much upside left.