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Based on my experience, unlikely. They alr have 51%. And the largest shareholder has accepted the offer. Think there is a clause that they may still acquire all the shares even though the acceptance level is less than 90%, subject to regulatory approval. Well I think I will just let it go and look for another.
AttasBoss ( Date: 13-Sep-2022 19:49) Posted:
| Dont know its final or will revise |
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Dont know its final or will revise
I will likely sell at 37c. It seems to me that the rationale for the offer is valid and the low liquidity of the counter is my biggest concern. And this seems to be the best option to realize the investment despite the low ball offer. Cheers.
Nowadays, in SGX, takeover offers are getting more and more ridiculous.
The problem is, many times, they can get away with it because the minor shareholders
here are too apathetic. Sigh.
Cheapo offer!
ahberngh ( Date: 13-Sep-2022 19:21) Posted:
37c is less than 10% of its most recent high of 35c, wtf.
ahberngh ( Date: 13-Sep-2022 19:18) Posted:
This is what I would call a low ball offer  .
Immediate reaction is, won' t accept |
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Why should I pay 37c for one share of the private consortium, what is so great about the private comsortium.
It seems to me that the private consortium is essentially the main shareholdes+others eating
up the minor shareholders, just passing the baton to them. Current price of SingMedical is only 32c.
In the event they achieve 90%, still have to accept bro?
ahberngh ( Date: 13-Sep-2022 19:18) Posted:
This is what I would call a low ball offer .
Immediate reaction is, won' t accept.
spursfan ( Date: 13-Sep-2022 18:43) Posted:
For Immediate Release
Private consortium seeks to privatise SMG at S$0.37 per offer share in cash
or one new share in the Offeror per offer share
https://links.sgx.com/1.0.0/corporate-announcements/IP8VAHTQL4BVMND0/731496_Offeror%20Press%20Release.pdf |
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37c is less than 10% of its most recent high of 35c, wtf.
ahberngh ( Date: 13-Sep-2022 19:18) Posted:
This is what I would call a low ball offer .
Immediate reaction is, won' t accept.
spursfan ( Date: 13-Sep-2022 18:43) Posted:
For Immediate Release
Private consortium seeks to privatise SMG at S$0.37 per offer share in cash
or one new share in the Offeror per offer share
https://links.sgx.com/1.0.0/corporate-announcements/IP8VAHTQL4BVMND0/731496_Offeror%20Press%20Release.pdf |
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This is what I would call a low ball offer
.
Immediate reaction is, won' t accept.
spursfan ( Date: 13-Sep-2022 18:43) Posted:
For Immediate Release
Private consortium seeks to privatise SMG at S$0.37 per offer share in cash
or one new share in the Offeror per offer share
https://links.sgx.com/1.0.0/corporate-announcements/IP8VAHTQL4BVMND0/731496_Offeror%20Press%20Release.pdf |
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How bosses? 37c, acceptable? Receive in cash or to continue investment in a private entity. Opinions pls. Cheers.
37c no bad
For Immediate Release
Private consortium seeks to privatise SMG at S$0.37 per offer share in cash
or one new share in the Offeror per offer share
https://links.sgx.com/1.0.0/corporate-announcements/IP8VAHTQL4BVMND0/731496_Offeror%20Press%20Release.pdf
Huat to all. No matter how many lots. Its time for the Company to unlock true value for the shareholders. cheers.
ahberngh ( Date: 13-Sep-2022 15:29) Posted:
Bro, power to you.
Good luck to us. 
kiseki_2818 ( Date: 13-Sep-2022 15:22) Posted:
hope 60c..huat huat. now i have 300 lots.
if 50c or above sell price and remove halt still below 40c, may be load another 300lots.
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Bro, power to you.
Good luck to us.
kiseki_2818 ( Date: 13-Sep-2022 15:22) Posted:
hope 60c..huat huat. now i have 300 lots.
if 50c or above sell price and remove halt still below 40c, may be load another 300lots.
chiachiawee ( Date: 13-Sep-2022 11:50) Posted:
| Yes. Finger cross. I' m ok with 49.5c too will happily sell to the buyer. Let' s pray. May 50c be with us. cheers |
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hope 60c..huat huat. now i have 300 lots.
if 50c or above sell price and remove halt still below 40c, may be load another 300lots.
chiachiawee ( Date: 13-Sep-2022 11:50) Posted:
Yes. Finger cross. I' m ok with 49.5c too will happily sell to the buyer. Let' s pray. May 50c be with us. cheers.
ahberngh ( Date: 13-Sep-2022 11:44) Posted:
Yes, this is the third day.
Something big, very likely privatisation.
Fingers crossed for a good price, at least 50c |
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Still waiting for the good news........pls show hand!!!
chiachiawee ( Date: 13-Sep-2022 11:50) Posted:
Yes. Finger cross. I' m ok with 49.5c too will happily sell to the buyer. Let' s pray. May 50c be with us. cheers.
ahberngh ( Date: 13-Sep-2022 11:44) Posted:
Yes, this is the third day.
Something big, very likely privatisation.
Fingers crossed for a good price, at least 50c |
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Yes. Finger cross. I' m ok with 49.5c too will happily sell to the buyer. Let' s pray. May 50c be with us. cheers.
ahberngh ( Date: 13-Sep-2022 11:44) Posted:
Yes, this is the third day.
Something big, very likely privatisation.
Fingers crossed for a good price, at least 50c .
chiachiawee ( Date: 13-Sep-2022 11:42) Posted:
| Wow. SMG still halting. Guess really big action coming. cheers. |
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Yes! Hope it is good news for all longist !!!
ahberngh ( Date: 13-Sep-2022 11:44) Posted:
Yes, this is the third day.
Something big, very likely privatisation.
Fingers crossed for a good price, at least 50c .
chiachiawee ( Date: 13-Sep-2022 11:42) Posted:
| Wow. SMG still halting. Guess really big action coming. cheers. |
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Yes, this is the third day.
Something big, very likely privatisation.
Fingers crossed for a good price, at least 50c
.
chiachiawee ( Date: 13-Sep-2022 11:42) Posted:
| Wow. SMG still halting. Guess really big action coming. cheers. |
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Wow. SMG still halting. Guess really big action coming. cheers.
