We have to look at bigger picture. If you are major shareholder, would you stop paying dividen as you know profit generated from ghlsys will be part of actis profit. Futhermore, ESOS can boost employee productivity and make them give more to company and is a very good sign. Actis intend to delist or privitization because they aware GHLSYS is a very profitable company. Who knows they are going to declare bonus later?
Mature companies with strong positive cash flow & no investment opportunity will pay dividends. Growth companies need cash to expand in order to be the market leaders. GHLS is a growth company and I don't by GHLS for dividend.
Actis as at closing last Friday already owned 63.51%. What if Actis offer Loh Wee Hian &/or his son for the remaining 12% to total 75% with uplift 20-30% from RM1.00 ? Minority shareholders are advised to reject RM 1.00 offer and Loh & son may take opportunity to negotiate higher offer for them to sell their balance holding to Actis. Somebody can advise of such senario ?
From what Actis RM1 offered price to public we already can guess what is the offered price to Loh or his son before mgo ended. Before mgo ended, the average share price is < RM1.50. After mgo, average price is > RM1.50. Do you think Actis still can offer higher price? Corporate activity like mandatory take over can only happen once because it will affect company reputation and I believed Actis already talked to Loh before mgo.
Either cut loss, or take profit. Easy. No need worry so much.. before mgo also worry, after mgo also worry... then better stay away.. go other safe counter.
Major shareholders are NOT "normal investors". They are "experts" in the field of business of GHL (see the excepts of the report below) and will be able to bring their expertise and resources to help GHL to grow leaps and bounds. The failure of the MGO provides the opportunity for other investors like us to benefit from this company's success.
EXCEPTS OF THE REPORT: Actis has extensive experience in growth markets payments, having invested in and helped build out leading payments platforms that have spanned more than 50 countries.
Commenting on the investment, Hossam Abou Moussa, Partner at Actis, said: "Investing in market leading businesses in the sectors we understand is a core pillar of our growth markets investment strategy. We are extremely excited by the opportunity to partner with Simon and the management team and bring what we have learned in other markets to help GHL to scale and cement its position as a regional leader."
Simon Loh, Excutive Vice Chairman of GHL, added: "I am very excited to welcome Actis as a partner. They bring an impressive track record in the payments sector, especially in emerging markets. Together, we are fully aligned in our ambition to become the leading end-to-end payment service provider in ASEAN by deploying world-class payment infrastructure, technology and to further expand our growing footprint into new ASEAN markets."
Ali Mazanderani, Actis's Fintech lead added: "Investing in South East Asia and in GHL is a continuation of Actis' strategy to be integral to and support the buildout of landmark payments platforms across our markets. It follows on from our investments in Emerging Market Payments in Africa and the Middle East, PayCorp in Africa and DLP Payments in Latin America."
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ckyap17
54 posts
Posted by ckyap17 > 2017-05-13 21:37 | Report Abuse
Lexie1221, Iam sure Actis will benefit GHLSYS