Latest Forum Topics /
Indofood Agri
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Indofood Agri Resources
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Observers
Elite |
11-Apr-2019 08:59
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Had a quick look at the 12 year chart. Basically anyone who bought before May 2018 would have lost money on this offer? Not sure if there were any corporate actions between 2007 and 2018. | ||||
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francisd
Master |
11-Apr-2019 08:56
Yells: "BUY LOW SELL HIGH" |
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Offer Price. The consideration for each Offer Share will be S$0.28 in cash (the &ldquo Offer Price&rdquo ). | ||||
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SmallSmall
Supreme |
11-Apr-2019 08:46
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This I agree 100% and is the correct approach indeed. Let the stock bottomed out and buy off the lows. Not necessarily at the low.
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AhLiang
Elite |
11-Apr-2019 08:36
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The lesson is never average down a falling stock. Wait till we think il is the bottom then buy it up. | ||||
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Qanghoo
Supreme |
11-Apr-2019 08:34
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I was playing the stock at ard 1.50+ in 2010-11 period.
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AhLiang
Elite |
11-Apr-2019 08:33
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I believe they are the supporters of the founder Papa. I first noticed this stock when it was at 0.57 a few years ago. GAR was at 0.42.
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TraderBen
Supreme |
11-Apr-2019 08:26
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Pity those who bought above $1 | ||||
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Qanghoo
Supreme |
11-Apr-2019 08:24
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Yes, px shot up 30% during the last two wks before the halt.
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Qanghoo
Supreme |
11-Apr-2019 08:22
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But TS' px has been more stable n traded within a narrower range of 32-50 cts over the last 18 mths.  IGAR px came down from > 50c to 19c.  True, after the last El Nino, CPO px weakened a lot to levels before the EN.  But before the EN, share px had remained > 40c even though results were badly impacted by dismal CPO px.  In fact, if my memory serves me right, I' ve not seen px below 30c over the last 10 yr, until 2018.  That' s why I get the uneasy feeling that somethng is not very right.    But does anybody ever bothered at all?  After all, the bourse still makes super profits.  Small fries can be condemned, who cares?
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SmallSmall
Supreme |
11-Apr-2019 08:04
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On a more comforting note at least the offeror did not say that the offe price is &ldquo final&rdquo . So there is room for revision if any | ||||
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AttasBoss
Elite |
11-Apr-2019 07:49
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Intention to privatization.
Let push up the price further shortlist and speculator! |
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SmallSmall
Supreme |
11-Apr-2019 07:45
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More like &ldquo Insiders&rdquo buying before halt lah.  
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ysh2006
Supreme |
11-Apr-2019 07:29
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The Tuan Sing also owned by Indo boss will he does the same to Tuan Sing too ?... GO at a low price ?
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AhLiang
Elite |
11-Apr-2019 07:28
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Not engineered - But only my dogs believe that.
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Eve2319
Member |
11-Apr-2019 07:23
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Not much meat.....
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AhLiang
Elite |
11-Apr-2019 07:23
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If not of the halt, looking at the price actions before the halt, the price might well be higher than 0.28 by now. But I wonder whether price will be higher than 0.28 today. Who would push : Could be shortists who believe DBS' target of 0.19 as published on 1 Mar 19 as well as the so-called 'poor results' of last quarter and have shorted? Or the wealthy long-term Indonesian supporters who are tu lan of this so-called cash offer? | ||||
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bayduck
Member |
11-Apr-2019 06:14
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Indofood is up ~50% from lows I believe. In a GO, prices do tend to rise ahead of the announcement, whether due to speculation or news leak.
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lukewong82
Master |
11-Apr-2019 06:09
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tat why over at Hong Fok thread, ppl say the owner will take it private as the share price rocket from 70+ to almost $1.. Dun think that is the case becos if owner want to take private, usually u will see share price dropping and not rocketing
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lukewong82
Master |
11-Apr-2019 06:07
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if u notice, 90% of the time, takeover/delisting/privatisation always happen after the share price dropped ALOT. Courts, Aztech, M1 etc... I wonder is it becos the share price dropped alot then it becomes undervalued or is it " engineered" ? But would SGX bothered to " check" ? answer is NO..
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Qanghoo
Supreme |
11-Apr-2019 01:21
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Really pity the long term holders.  This exchange might as well shut down altogether instead of allowing it to continue to be a platform to suck in small fries big time.
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