Post Reply
1-10 of 10
Super bullrun today, up one cent to 13.5. Next target is 12.4! Huat!
This wonderful stock hits a new high of 13.4, on track to newer high of 12.2 before climax at 7c.
Possible chance to short? :P
Price free falls, to make it worst, it is not giving dividend for the first time in 4 yrs. Double whammy. Expect it to be punished severely today till single digit price
Game over, big fish made enough money, thai village going back to hibernation again at 7c. Hope to wake up in 2021 to rally till 8.5c
Think they will venture to other business soon.
Anyone reckon it will cross 20cents mark today?
Wah.... Hit 0.175 today!!!
lsk007 ( Date: 02-Sep-2013 20:48) Posted:
|
Cheapest restaurant on SGX.owever dont
Possible delisting due to low interest, as well as to protect from hostile takeover
However dont be too hopeful, likely the price might be 8c as it might use its NTA as the guide.
The worst is NOT over for Thai Village as it said that the operating environment for its restaurant business will become challenging due to rising costs of rents and manpower.
Thai Village Holdings has entered into a $296.4 million reverse takeover agreement with China Stationery Ltd. under which Thai Village will issue its shares to the Chinese company and in return get two units of China Stationery.
Thai Village said that it will issue 1.48 billion Thai Village shares to China Stationery at an issue price of $0.20 a share, a 29% premium over Wednesday's closing price of $0.155 a share.
China Stationery will in turn sell two of its units - Sunwealth Group Ltd. and Campus Developments Ltd. - to Thai Village. Both units are in the plastic stationery business.
If the deal is completed, China Stationery will hold an 87.7% stake in enlarged Thai Village and will have to make a mandatory open offer to buy the remaining shares in Thai Village that it doesn't already own.
OCBC is the financial adviser to the proposed acquisition.