| Latest Forum Topics / Best World |
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THE BEST IS YET TO BE
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MrBear12
Supreme |
25-May-2024 12:57
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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I thot the offer might just be raised to 2.55. Best world out-did my prediction by 1 cent. Best World raises exit offer price to S$2.56 per share in final offer (businesstimes.com.sg)
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Kilatkilat
Veteran |
25-May-2024 11:52
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Yes. Share price will go above $2.50 and i must admit that i have exited all my holdings. This is a dishonest management where i attended the AGM and they said they would not increase any further exit offer but within 1 month they fail their promise. I will not trust this company anymore. Dydd.
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GGTTAANN
Senior |
20-May-2024 09:13
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Price go above 2.50 liao.   |
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like2learn
Veteran |
07-May-2024 16:25
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it' s not a VGO, it' s delisting. BB hold the cards - if they approve delisting, all minorities shares will be cancelled. we no choice one.
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Kilatkilat
Veteran |
07-May-2024 06:37
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Company should revise exit offer now and not next year. Else exit exercise sure fail this round. | ||||
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MrBear12
Supreme |
02-May-2024 17:17
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Choose, certain 2.50 or uncertain anything. Everyone has to make a decisive choice. and move on |
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edison21
Member |
02-May-2024 17:06
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Anyone know if they did a share buyback again.😀 I just don't understand the purpose, instead of saving the money and making us a better offer for the egm which has a better chance to succeed. | ||||
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Kilatkilat
Veteran |
02-May-2024 10:53
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They said they wanted peace in mind and not to get short seller attack again. But is this the valid reason for kicking minor shareholders out? We are in the same boat. Id there is a headwind, let us face together. Do not abandone us. | ||||
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Kilatkilat
Veteran |
01-May-2024 21:52
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Anyone knows when is EGM? We must stay united not to agree to the exit offer price. Let it failed, price crash, they raise offer price at $3 next year. Huat ah! | ||||
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Kilatkilat
Veteran |
30-Apr-2024 09:54
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Someone started to trigger the sell off..never mind, let them sell. | ||||
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MrBear12
Supreme |
29-Apr-2024 18:48
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Way too cheap is two golden. Dollars.
If can fiight for three , 👍 👍 |
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Kilatkilat
Veteran |
29-Apr-2024 17:42
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That will be next year event. As of now, they cannot increase the offer price. I think price will drop back beliw $2 if the SCR failed. Personal view only. We on long term will ride through any waves! Cheers.
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MrBear12
Supreme |
28-Apr-2024 18:13
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Waiting is free.
Fight for a better deal. Those cannot hold can just sell on sgx. SMILE WIDELY
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Sgvale
Supreme |
28-Apr-2024 13:24
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That means $2.50 is low offer. Maybe beef up tp $4
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Alignment
Elite |
28-Apr-2024 11:08
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I' m not sure that is the reason. In fact buying back shares works against the prospect of getting 75%. Because they are buying back shares from those who would have otherwise voted yes (by definition, given the price). These shares then no longer can vote. This then means that those who always were going to vote no effectively accrete, meaning the likelihood of them reaching 25% to block the deal increases. Of course the company may not recognise that this is what is actually happening when doing the buyback. If so they are being badly advised. |
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Kilatkilat
Veteran |
28-Apr-2024 10:21
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They just to maximise buy back in order to increase the chances they will siceed in getting minor shareholders to pass 75% support for SCR. These are selfish move and we as minor shareholders should stand firm to condenm this act.
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Alignment
Elite |
28-Apr-2024 09:58
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  " the company will make extra effort to beef up the offer, although this process would take another year as repatriation of Best World' s retained earnings take place yearly." Not sure that this repatriation is a hard and fast rule. Sounds a bit dubious to me.  |
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edison21
Member |
28-Apr-2024 05:47
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https://www.shareinvestor.com/news/news.html?source=regional_sgxnet&nid=515571976
Do note, n the PDF file dated 19 April. They say they use $68m so which is correct. They are trying to mislead
us. In context they should follow that post and use the remaining amount they have set aside for this exercise. And in this kind of exercise, they kind of confuse their target audience.
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Kilatkilat
Veteran |
27-Apr-2024 23:32
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For those who attended AGM, i fotgot to ask why company spent $6mil plus to buy back at $2.47 while this amount was not catered for in the cash usage chart they showed on that day? | ||||
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MrBear12
Supreme |
27-Apr-2024 22:05
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Exciting times indeed! You got me excited too. Yes, shareholders may say NO to the offer and wait it out. But no guarantees any beefed up offer will come along. It all depends on market conditions in the future as stated in that last sentence. If waiting is free, why not wait? Another year perhaps?? But if you want the money ASAP, just accept. Even if a better offer came along next year, it might just be 2.55. Would it be worth it? I don' t know.
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