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Aztech minority shareholders
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ysh2006
Supreme |
03-Mar-2017 07:44
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Why SGX can allow coy to delist only 80%....if they declare fat dividend or bonus do private investor have ?
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HazardKoh
Master |
02-Mar-2017 20:28
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i hope those investors who became private investors can update us in this thread what happens eventually.. Are they offered a better deal after delisting or are they stuck with their paper share script and cannot sell aka write off their shares.
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littleones
Veteran |
15-Feb-2017 23:11
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  I understand they managed to acquired about 81% of the shares only.
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HazardKoh
Master |
15-Feb-2017 22:27
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Usually before a super crash is a super bull :) History will verify this statement
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Sporeguy
Elite |
15-Feb-2017 21:13
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Looks like starting of a bull, but why so many retrenchment? |
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HazardKoh
Master |
15-Feb-2017 17:10
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I dun know whether u all have sold or decided to keep Aztech as a private company. But i mentioned before why not give up this lousy  tree and look for other trees in this big  jungle especially when bull comes, the other " trees" can grow and u can recover what u lost. Now the market is getting bullish. It would be wise to  have sold  Aztech awhile ago  and use the money switching to other  counter. Right now is a bull market, imagine the agony of watching the whole chiong like a bull but u are stuck with aztech and got trapped. Just my humble opinion for any other next time when a counter is being delisted. Cheers   |
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lmc001
Member |
25-Jan-2017 08:46
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Here is the latest update: 1) Closing Date for the Exit Offer will be extended from 5.30 p.m. (Singapore time) on 6 February 2017 to 5.30 p.m. (Singapore time) on 13 February 2017 (the " Closing Date" ). 2) As at 5.00 p.m. (Singapore time) on 24 January 2017, the total number of (A) valid acceptances of the Exit Offer and (B) Shares owned, controlled or agreed to be acquired by the Offeror and the Concert Parties, amount to an aggregate of 35,078,789 Shares, representing 72.17% of all the Shares (excluding treasury Shares). It would appear that there are still many diehard minority shareholders not budging ........ |
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HazardKoh
Master |
24-Jan-2017 20:15
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U like to own private Aztech share which CANNOT BE SOLD openly ??? is like having ur ex-gf body and not her heart. ok nvm.. i too busybody liao.. Keep Aztech if u want, just warning u that Aztech shares as a private company is very difficult to be sold and u are at the mercy of the Muns where there is no rules/laws to restrict/govern them, the Muns are the law/rules/king, u are at their mercy. They have no obligation to buy over ur shares and u will be stuck with the shares perpetually and if that is what u want, then good luck to u then. Wow.. trying to prevent u all from getting stuck with illiquid Aztech shares when it goes delisted and kana scolding from u all. ok then... u all can keep Aztech shares u want.. cheers.. I better shut up. Getting stuck becos of one tree and giving up the whole jungle.. really unbelievable.  
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littleones
Veteran |
24-Jan-2017 20:07
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There is no comparison.   How can you compare something that is non monetary to something that is monetary.   I agreed once your gf decide to leave you, you should leave her but has Aztech shares decided to leave you?   You can own Aztech share perpetually if you want but you cannot do that with your ex-gf, can you? Stupid comparison
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HazardKoh
Master |
24-Jan-2017 18:55
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If my ex-gf is going away with a guy who is more " powerful" than me, I rather give up the fight and find another new girlfriend and have a new beginning :) rather than trying to fight it out with that " powerful" guy :) Cheers Just my perspective of life. |
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HazardKoh
Master |
24-Jan-2017 18:53
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hahaha... u know some man are miserable for their whole life becos they cant forget their ex-gf and they always think that no other woman can replace their ex-gf and they get themselves drunk everyday :) If u so sentimental and think that ur " ex-gf" aka Aztech  who is going to leave SGX is the best, no others can replace her aka Aztech, then i wish u all the best with ur Aztech :) Just trying to talk some sense into u but seems that u are really deeply in love with Aztech. Too bad another guy " the Muns" is snatching ur gf away from u .... :) Hope u can win her back from the Muns. All the best.  
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mepkoh
Elite |
24-Jan-2017 18:20
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at the end of the day..the comclusion is sgx scam market... minority shareholders always taken to slaughter house.. |
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sh0rthere
Senior |
24-Jan-2017 18:15
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Wow you are not vested in aztech yet you are one of the top posters in this thread. How kind of you to pull out research to help those vested. Lmao.
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lmc001
Member |
24-Jan-2017 17:55
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You are very optimistic about finding a better girl friend. Just to let you know that the new girl friend might end up worse than the first  .
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HazardKoh
Master |
24-Jan-2017 15:49
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I can understand some of them invested alot already in Aztech. Alot of $$$, alot of time and alot of feeling in Aztech. They dun bear to part with it. They are sentimental type. They cant let go.... But in share market,  falling in love TOO DEEPLY with a counter  may be  fatal i feel.  
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HazardKoh
Master |
24-Jan-2017 15:46
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This Aztech case very easy to find comparison. Those who die die wants to hold on to their Aztech shares knowing that the shares are going to be delisted is like having a ex-girlfriend who dun love u anymore but u already invested so much time and $$ and feeling that you are not willing to give up. U will keep trying to win her heart back even though u know that this may cost u your youth and u know that the chance is quite low since once a woman changes her heart, very difficult to change it back. In the end, u may lose her and when u want to find another woman, u too old already. Compare to another camp who will say nevermind, u (the ex-girlfriend) is not the only tree in the jungle, there are many more better trees in the jungle, I better find a better tree when i am still young and develop a new love, who knows this new tree may be better than the old tree...   U (ex-gf)  want to leave,  just get lost.   So my mentality is " there are many other better trees in the jungle" , why becos of 1 tree miss out the whole jungle. Hope it clarifies my stand. I am not linked to the muns... |
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alexchew
Master |
24-Jan-2017 15:45
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once the company taken private, the minority shareholders definitely will lose out. They will embark on massive share dilution exercise to dilute all of them eventually. They are not subjected to scrutiny any longer. |
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HazardKoh
Master |
24-Jan-2017 15:34
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I find it strange that there are people attacking me for voicing out my views. Some even linked me to the Muns .. haha.. If I am related to the Muns, I would be happy to the heaven. I am just ur average person who managed to learn from the share market after trading/investing for many years. Taking CK Tang for example. In 2009, those ppl who had sold their CK Tang shares and had invested in other shares would have huat big big liao. Imagine those who had sold CK Tang in 2009 and bought other shares CHEAP (bear market during 2009), they would have earn a few times over  their capital already as bull run was from 2011 to 2014 and they should have already sold and profited must be laughing to the bank. Compared this to those minority shareholders who are still holding on to their stock today. They cant sell and they miss out the 2012-2014 bull run. Fast forward to 2020, imagine this scenario. Those who sell Aztech and buy say eg: Ezra now cheap at 4 cents. Their 4 cents will become 40 cents when bull run arrives in the year 2020. Those who insist of holding on to their Aztech will still be stuck with their Aztech shares in the year 2020, missing out on the next bull run. Just my humble opinion. I am not vested in Aztech and I am not linked in anyway to the Muns.  
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mistiq88
Veteran |
24-Jan-2017 14:35
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I can' t comment much, only read up about it yesterday. They tried to delist 3 times, successful on the 3rd try. I think the offer price was way below NTA. And after so many years, there are still minority shareholders holding to their stock today.
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SeePehJiaLat
Senior |
24-Jan-2017 08:44
Yells: "Can or not?" |
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Could you share the scenario of CK Tang ?
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