Osim stock, which was delisted from Singapore Stocks Exchange would be seeking a listing on the Hong Kong stocks markets as V3 stock. This is of interest to me since when Osim was delisted from Singapore stocks markets, I have thought that Osim would be kept as a private entity. I understand that proceeds from the V3 IPO would be used to repay a loan of $321.9 million obtained by Osim as well as for the acquisition in Futuristic, a Singapore-based store fixtures manufacturer, of a 69% stake.
Sunday, April 9, 2017
Sunday, March 19, 2017
The news that M1’s three largest shareholders are reviewing their stakes in M1 has led to speculation on the possible privatization of M1 stock. M1 stock responded in return, soaring some 7.9% on 17 Mar 2017 before the trading halt of the stock. It was reported that talks of potential divestment of listed Telco firms has come as early as last year as the major Telco players brace themselves for the fourth Telco player into the stocks markets. Singtel and Starhub stocks also benefitted from the speculation, with each rallying last Friday. I believe the stocks markets are in the mood for looking at other possible names of privatization candidates too. There are many of these being floated around and I list below some of these potential privatization candidates:
Friday, March 3, 2017
Bukit Sembawang stock, a sleepy stock rallied by almost 8% after DBS issued a report, crowning it the “Landlord King”. There has been speculation that Bukit Sembawang stock would finally be taken private after years of speculation, given that this is an undervalued stock (however with yesterday’s price rally, the stock has a Price-to-Book ratio of 1.062 now). Many think that the recent in property stocks may finally pave the way open for the privatization of the often-cited property plays in Bukit Sembawang stock, Wing Tai Properties and Ho Bee Properties Limited stock. Let us take a look at the fundamentals of these stocks.
Friday, December 9, 2016
Against the current economy backdrop, we have seen many stocks have been taken private in year 2016 to-date. Most of the parent companies which have privatized their company counters made use of the low valuation of the stocks as an opportunity to delist their stocks in the current stocks markets environment. Some investors like to buy stocks which are good candidates for privatization due to the perceived capital appreciation should these stocks be privatized. And if the stocks were to pay dividends, investors could reap these dividends while waiting for capital appreciation.
Friday, August 12, 2016
Singapore stocks were trading in a lacklustre manner until the proposed privatization of SMRT stock and then Sim Lian stock which adds to the element of speculation (of which are the next stocks to be privatized) in the Singapore markets among the investing community. In the post of 10 Aug 2016, I have listed three such potential stocks: Ying Li international, Wheelock Properties and Ho Bee Land. As what I have expected, there are much interest in unraveling which are the next potential stocks to be privatized and an article which I have read sums it all well by listing not just a few of these potential stock but a galore of eighteen of them and here they are:
Wednesday, August 10, 2016
Following the proposed delisting of SMRT stock, another stock will be taken private next. This time round, it is Sim Lian stock whose founder decided to delist the company with an offer of $1.08. Today, Sim Lian stock rallied up by around 13.3% to close the trading day at $1.065.
Sunday, July 24, 2016
SMRT stock has resumed trading after the announcement that Temasek Holdings will be taking SMRT stock private. The offer price is $1.68 and SMRT stock rallied after the trading halt to trade close to the offer price. Investors who went in definitely wanted to get SMRT stock for as close a price to SMRT’s last traded price before the trading halt but I would not be surprised if some investors choose to buy at a price very close to the offer price, say at $1.66. Why is that so?
Thursday, July 21, 2016
From what I have noticed, whenever there is a buyout of a Temasek-linked company by Temasek Holdings, there will be interest in the stocks of other Temasek-linked companies as some investors speculate whether they will be buyout targets by Temasek next. Their speculation might send the stock price of these stocks surging.
Wednesday, July 20, 2016
Today, SMRT and Temasek announced that Temasek Holdings will be taking SMRT private, buying the remaining of the shares that it does not currently own at an offer price of $1.68 per share. The price “One Six Eight” will naturally be linked, in mandarin to “Yi Lu Fa” (meaning prosperity all the way) and not only that, “Lu” is “Road” in mandarin, hence I thought that is all the more, the “right” price for SMRT stock.
Wednesday, March 30, 2016
Courts Asia stock rallied by a good 7.7% on 29 Mar 2016. Courts Asia stock is a “sleepy” stock and while others may be wondering what attributes to the rally of the stock, I am not surprised. Why? Well, there have been talks that Courts Asia could be privatized after Osim (you can read the article here . In a stocks markets where there are not many bullish factors, some investors may invest on potential privatization plays and possible privatization plays always include stocks which are trading below book value and which have good fundamentals; these include Wheelock Properties stock, Ho Bee Land stock and etc.
Sunday, March 13, 2016
Following OSim’s founder bid to take his firm private, it is inevitable that some investors are turning their focus on identifying the next possible Singapore privatization plays. This is especially so against the current stocks markets environment where there are not much of a catalyst for buying. So what are the next possible Singapore stocks which could be privatized next?
Friday, March 11, 2016
So we have Osim stock, which will become privatized if shareholders approve of the delisting decision. The potential delisting of Osim stock is yet another delisting of a good stock in the Singapore stocks markets but more importantly, it points to one fact of the SGX, collectively with many earlier delisting of stocks in Singapore such as Goodpack: that apart from not being able to attract new IPOs, there can be a trend of the current listed companies deciding to delist off SGX. There could be a couple of reasons behind each and every stock seeking a delist but I would not be surprised that low trading liquidity in the Singapore stocks markets could be a reason.
Tuesday, January 5, 2016
Following an article which I have read online, I would think that my previous sharing with readers on the possibility of more privatization of Singapore companies, especially those whose share prices have been lacklustre is still valid. Looking at how TigerAir (IPO price: $1.50) has an exit offer of $0.45, NOL (IPO price: $4) with an exit offer of $1.30; it is still possible for a Temasek-linked company in Sembcorp Marine to be privatized, even though its stock price has languished. For the record, Sembcorp Marine stock traded at $1.72 yesterday (4 Jan 2016), back in year 2011, the stock was trading at a high of $5.88.
Tuesday, December 8, 2015
NOL stock receives an offer of $1.30 per share. If investors can recall, the IPO of NOL stock back in year 1981 was $4 a share (you can view a newspaper article here). The offer hence represents a discount of 67.5% off the IPO price of NOL stock. Similarly, another Temasek-linked company, Tiger Airways receives an offer of $0.41 per share for the proposed delisting. Compares this offer with Tiger Airways IPO price of $1.50, the discount is around 72.66% off Tiger Airways’ IPO price.
Monday, December 29, 2014
As I read my April 2014 posts of SSI in a bid to conclude my posts on SSI for the year, I noticed how April 2014 was a month when many investors turned speculative, speculating on which of the stocks on SGX will be taken private next. We have Hotel Properties Limited, Capital Malls Asia and Goodpack as some of the stocks on SGX which were taken private for year 2014. Going forward to 2015, some analysts predict that there will still be some mergers, acquisitions and consolidation in the stock companies as companies with good fundamentals and trading at a good discount off their book value are being bought over by cash-rich investors.
Sunday, August 31, 2014
OCBC is in talks to acquire United Engineers and this has sent United Engineers stock price up by around 25% to close at $2.85, this is a price level many feel is around the acquisition price to be paid by OCBC, provided that the acquisition goes through. While the spotlight is on United Engineers stock, some analysts have pointed out that UE E&C, the engineering and construction subsidiary of United Engineers could be divested by United Engineers so as to significantly lower its $2.7 million debt burden, which stems largely from its takeover of WBL Corporation last year. They also believed that selling off UE E&C, a non-core business of United Engineers could allow United Engineers to become a pure property firm and would minimise any “conglomerate discount” on its valuation if UE is sold to the Thai tycoon.
Sunday, June 8, 2014
Singapore’s e-commerce stocks have been rallying ever since Ali Baba, the company bought a stake in Singapore Post, tapping on Singapore Post’s capabilities in e-commerce and this acquisition of stake was even before Ali Baba’s IPO listing. One other e-commerce stock which enjoyed the same rallying was Asia Travel.com as it was reported that some Chinese firms are looking into buying a stake in the company. And definitely, we must not forget W corp stock which enjoyed the same rallying following its reverse take-over of Yuuzoo. And so are there any other e-commerce stocks listed in Singapore which may see the same rallying?
Friday, June 6, 2014
Since the beginning of year 2014, we have watched a lot of mergers & acquisitions in play involving Singapore Stocks. It started off with Capitaland making a bid for CapMalls Asia, then a bid by Wheelock Properties and Tycoon Ong Beng Seng for Hotel Properties Limited. In the middle of May 2014, we have KKR making an offer for Goodpack. Amidst all these mergers & acquisitions are potential candidates which are said to be in talks with interested parties, these are UE E&C stock and Biosensors International Group. And these two stocks are joined by StatsChip Pac and Petrogas stock which rallied up on reports of talks with privatisation players.
Saturday, April 26, 2014
SMRT stock grabbed the headlines of Singapore stocks for the week of 21 April to 25 when it stock price headed up by almost 20%. It was thought that the increase in its stock price was due to the thinking that SMRT would benefit from a new regulatory railways framework or possibly be privatised or nationalised. Another stock which made headlines albeit not on the scale for the above week was PACC or POSH stock. POSH stock headed up by just 0.5 cents on its first day of debut. Prior to its trading, many investors are saying that the IPO price is probably too high above its Net Asset Value.
Monday, April 21, 2014
Dear Readers, I have been posting a lot of posts with regards to stocks which could be candidates for privatisation, acquisition , delistings or mergers. Besides my own personal posts, there have also been many more analyst reports being doled out and not to mention that a leading local respected financial magazine has also been running articles on potential privatisation stocks for two consecutive editions! Indeed, could more stocks be undergoing privatisation?
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