| Latest Forum Topics / POSH |
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POSH breaking out?
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fatpanda
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08-Nov-2019 10:06
Yells: "Another wonderful day!" |
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Always have doubts if " businessman" talks. I would rather trust more if entrepreneur seek fund for expansion through IPO, rather than rich businessman. This is what I learnt from POSH, and paid by huge losses in POSH. | ||||
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VoteDown
Member |
08-Nov-2019 10:01
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POSH chairman, KUOK KHOON EAN said many times during mutiple AGM/EGM that " it will be unethical to take the company private especially the retailed investors had invested in us and incurred losses" . Many minority shareholders (me included) have bought into this stock during the IPO because of the honesty and integrity of Robert Kuok. (EAN' s father) The offer price on the table is less than 20% of the IPO price, 5years ago. All unhappy shareholders are encourage to attend the EGM to VOTEDOWN the OFFER Resolution. With the new SGX delisting ruling whereby the majority shareholder & all concerted parties are not allowed to vote, there is a good chance to WIN so long as there are sufficient shareholders in attendance. GOOD LUCK to all minority POSH shareholders.   |
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fatpanda
Supreme |
05-Nov-2019 14:11
Yells: "Another wonderful day!" |
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Bro, You lost is small. clear this junk stock, let themtake back and move on. 
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yangxi
Member |
05-Nov-2019 14:05
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last yr maybulk offer RM0.65 (S$0.22) my cost.    but now privatize buy back  S$0.216 . what should i do , sell or wait fighting nego highter price??? Please help. |
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vivacious
Supreme |
05-Nov-2019 09:31
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sigh, bought at more than twice the offer price... 
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vivacious
Supreme |
05-Nov-2019 09:26
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whats happening? privatization? | ||||
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fatpanda
Supreme |
05-Nov-2019 08:24
Yells: "Another wonderful day!" |
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Why would they IPO the company if the business generates profit for the businessman? Need fund for expansion? Probably not as the fund might not an issue for them. So, why would they want to share their profit with others before IPO? IMHO, think twice if the businessman wants to list their companies through IPO.   
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ysh2006
Supreme |
05-Nov-2019 07:35
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When downturn those bosses sell we hope but if upturn coming they privatise all at low price!!....if don't sell will be like Tee Int or Indo Agri...
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fatpanda
Supreme |
04-Nov-2019 22:36
Yells: "Another wonderful day!" |
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IPO about 6 months before the O&G downturn started , and buy back now at the low. So, you knows how the businessman transfer out the risk before crisis, and let others bear the losses. | ||||
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iinvestor
Veteran |
04-Nov-2019 22:12
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Wah...this one ipo at $1.15...cant believe they are buying back at $0.215...Kuok really good timing... Means Oil and gas upturn liao.....Aramco also IPO...lookout for O& G counters...OSVs, subsea, liftboats lai liao.. |
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SmallSmall
Supreme |
04-Nov-2019 22:01
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Bingo ! Voluntary conditional offer from KUOK at $0.215 
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Farmer
Master |
04-Nov-2019 21:51
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Unless there are further announcement.... Looks like the trading Halt is intent for the 3Q results release.  
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investshare
Supreme |
03-Nov-2019 11:22
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If they want to privatize they would not distribute the shares in the first place.
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Farmer
Master |
03-Nov-2019 10:29
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If it is privatisation, offer has to be 》 22cts - price cpy paid to buy over MBC shares.
It may likely be a m&a involve its sister cpy... kerry logistic. However, lets hope it is likely to be good news.
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SmallSmall
Supreme |
03-Nov-2019 09:25
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Still no announcement yet. Likely to be a major announcement. Hopefully not for the wrong reason.
Looking at a privatization as the Kuok has the resources prices are low enough.
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Farmer
Master |
02-Nov-2019 15:49
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Not going that way... trade up @12.7 cts before halt Chairman last bought 180k @~12.4 cts Cpy last award share grant @1.71 cts Cpy last share buy back @19 cts Privatisation or M& A on the card?
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Stocky901
Supreme |
02-Nov-2019 15:13
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Hope not another Ezion or Kris Energy?
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SmallSmall
Supreme |
02-Nov-2019 15:08
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Halted since Thursday. Let?s hope they privatise the company. | ||||
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investshare
Supreme |
23-Sep-2019 09:00
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Hope you heed my warnings. | ||||
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investshare
Supreme |
14-Jun-2019 06:23
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I have warned you.
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