thanks for the info... any idea when will that be ? 1-2 months or more than that ? If its too long i might just sell on the open market
I think breadtalk will send u a form.
That time for GLP, i sign the form to accept the offer, then mail back. Got the money and save on the commission and clearing fees if u send on exchange
That time for GLP, i sign the form to accept the offer, then mail back. Got the money and save on the commission and clearing fees if u send on exchange
I currently hold some shares of breadtalk.
If i intend to hold on to it till it is privatise, 
- Is there anything i need to do from now ?
- when is the exact date I will be able to receive the cash proceeds ?
 
If i intend to hold on to it till it is privatise, 
- Is there anything i need to do from now ?
- when is the exact date I will be able to receive the cash proceeds ?
 
Exactly.. it will be shorted big time.. especially theres a technical breach on loan
pasttime ( Date: 28-Feb-2020 15:03) Posted:
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my thinking ..
the offer is a big favour to small shareholders and themselves.
if no action the share price will sink down down.
at least if privatise, they skip the violent market actions now. they can always relist in us for a much better price.
for small shareholders, so many good blue chips got sold down, with money and money is king now, one can easily buy other thing and recover back many x.
no vested interest, caveat emptor.
the offer is a big favour to small shareholders and themselves.
if no action the share price will sink down down.
at least if privatise, they skip the violent market actions now. they can always relist in us for a much better price.
for small shareholders, so many good blue chips got sold down, with money and money is king now, one can easily buy other thing and recover back many x.
no vested interest, caveat emptor.
There  could be share consolidation exercise along the  way since IPO
Justice888 ( Date: 27-Feb-2020 21:55) Posted:
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I tot their ipo price is $0.24
bullrun6088 ( Date: 27-Feb-2020 21:43) Posted:
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When need money high high IPO. When the founder made millions and millions then privatise and delist low low cheap cheap! Stop buying their roti and stop going to their restaurants! Let their revenue hit zero!
Now best time to take private....risk-off market.....and cheap cheap debt.....
Who' s next.........!
Who' s next.........!
Not to forget the commission and trading fees
If you are using $10,000 to buy just to earn the offer price by earning 1 pip
which is about just the ~ $100 profit.
Personally, I do not think worth invest.
There are other better stock unless you willing to wait and safe safe sure get a bit coffee $.
which is about just the ~ $100 profit.
Personally, I do not think worth invest.
There are other better stock unless you willing to wait and safe safe sure get a bit coffee $.
vivacious ( Date: 27-Feb-2020 10:29) Posted:
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actually buy now at 76 can make right? since buy over is 77
Roti gap up 76c now.....luckily bank didn' t demand for the $100M debts repayment....
ysh2006 ( Date: 26-Feb-2020 22:07) Posted:
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The boss planed long make sure price below $ (I think) than action so very unlikely revise offer price lah...
uiop1223 ( Date: 26-Feb-2020 21:57) Posted:
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I suppose the technical breach of the 100m loan made George to privatise and restructure the company..
Everything ok. Accept the offer bah.
Share halt will be lifted tmr 27 Feb 8.30am...
uiop1223 ( Date: 26-Feb-2020 21:30) Posted:
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I dont mind it need to unhalt. Prepared to short big time
ysh2006 ( Date: 26-Feb-2020 20:41) Posted:
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SGX disturb them want them declare not to be like second Hyflux default the debt notes and as going concern cannot survive than suspend it. ..Hope the boss get the money buy and privatise it.
ysh2006 ( Date: 26-Feb-2020 13:28) Posted:
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higher offer price!!!