mother 4% return, son 5% return (excluded brokerage, fees etc) within a month, but has risk of offer price readjustment and cancellation lah, which i think chances of these occurrences are small.
Hovid directors only hold around 35% of Hovid shares. 65% or more than 533 million Hovid shares are in the hands of other shareholders. If the directors can buy Hovid shares in the open market at 37.5 sen or below, it will be a great saving to them.
this david ho's intention to privatise is no play play one. why would he waste time to make offer if he has no confidence to do it? if he feels current offer couldnt make the deal go through, he would revise to a higher offer price i think.
Hovid will be delisted then but you can still choose to be a shareholder if you want to. Should you decide to sell your shares after delistment, it would be at the director's discretion how much to offer you, maybe 20sen.
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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....
ahpan80
107 posts
Posted by ahpan80 > 2017-10-09 22:31 | Report Abuse
Agree ....hold hold hold....