definitely gaps up upon announcement! Surely limit up day before day announcement.. Is a super good deal for sapres selling his APIIT even just for 200 million.. only small part of the co.. ^^
Good time to collect!!! The stock offer potential price appreciation to shareholders.
An offer of 300mil = 2.15 per share (65% upside) 350mil = 2.50 per share (90% upside) 400mil = 2.85 (120% upside)
Even at current price, the stock is only trading @ 0.5x book value. This provide a good margin of safety to potential shareholders. Current market cap is only 180mil.
What are u guys talking about?!! Confusing people lah like this.... Deal is on the apiit school lah. Ekuinas want to divest their education portfolio this year. They can get better valuation if they can acquire 49% of apiit from Sapres. Apiit is the main contributor to Ekuinas' education portfolio. If they don't get the remaining interest, will not be able to make a lot of money when divest. Just wait for announcement. Should be soon.
Just have to be a bit patient. Heard that Ekuinas has already started acquiring the other minority interest of the other education companies like Tenby, Unitar and Klmu in preparation for their divestment. Apiit is the only one still pending. Amongst all the education companies, Apiit is the most profitable one.
2016 will be the 6th year of Ekuinas' investment in ILMU consisting of Unitar, Cosmopoint, Tenby and APIIT. This will be the last year where they will need to divest their ILMU portfolio. Delaying divestment will effect their IRR result ( which is the main matrix to measure their performance)
They actually started their ipo process in 2015 but faces delay which i assume was due to delay in acquiring the remaining minority stakes. From what i heard, they have acquired all the other minority stakes in their other education companies except for APIIT.
Ekuinas would want to acquire the remaining shares of APIIT since it is the biggest profit contributor in ILMU. Without it they will not get a high valuation for ILMu when they want to exit.
Currently they are also looking at the possibility of divesting via trade sales. Be it ipo or trade sale, they still need apiit to get a higher exit valuation.
hhahaha...those who chase until 1.60 can shake themselves tonite...who wanna buy this company at that price man...only the company untung la...u think they gonna share u the money ah?!?!?....sohai
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....
pelaburuntung
233 posts
Posted by pelaburuntung > 2016-01-22 17:12 | Report Abuse
anything you know from insider mr bone?