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i think if one read the takeover pre-conditions carefully, one would naturally be cautious how the takeover outcome would pend out.
some might think wa.. a 10c gain from arbitrage but in life, sometime cannot be so sure. Just use jade as a learning lesson. some big investors also thought they had a sure arbitrage winner and plonked in alot, eventually losing millions when the deal ended.
candle ( Date: 23-Jul-2008 13:01) Posted:
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wah 60c..take over price 70c..so good deal earn 10c for nothing..
who takeover ?
taking over price is at 70cents so.why the drop.
can someone shed some light.
Huh, privatisation is on the trend now........ What will be next company? Keep guessing........ Any suggestion?
SupremeA ( Date: 22-Jul-2008 15:46) Posted:
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wow, what a jump in share price
Gd news for Bright World. A US-Listed special purpose acq party is offering $0.70 in cash, rising to $ 0.75 if more than 90% of Bright World's shares are acquired. Congrats to all birght world shareholders. Not vested.
Any juicy news on Bright World? Mr Wang seems to be accumulating a lot over the last 3 months.
sharp rise today.
Any news ? Anyone knows why?
http://finance.yahoo.com/q/bc?s=B49.SI&t=1d&l=on&z=m&q=l&c=
Please help , can anyone explain why insiders are buying and selling so quickly? Is my interpretation correct>
ex Wang Weiyao sells at 0.64054 on 05-07-2007
http://info.sgx.com/webcorannc.nsf/560dd4b031b97d27482571b20043d38c/393d7b0f8b05e68d4825731000163d10?OpenDocument
But he had just bought at 0.5939 on 07-06-2007
http://info.sgx.com/webcorannc.nsf/560dd4b031b97d27482571b20043d38c/3b92631f0571374c482572f400161da6?OpenDocument
Please help, Am i reading the disclosures correctly?
new report on bright world today
http://www.remisiers.org/research//bwpm030707buy%20tp%200.82%20dbs.pdf
12 month target 0.82
EV/EBITDA 2006: 8
ROAE 2006: 33
No long term debt, 19% earnings growth expected, 2-3% div yeild
Looks to me like a cheap good stock, will continue to hold.
I humbly admit that I can not predict if a stock will go up or down over the next year.
My strategy is simply to buy good businesses cheap and not worry if the price falls or rises..
I have been holding bright world for some time and intend to keep doing so until it crosses my sell valuation point ( usually around 20 PE for a small company)
Insider buying is agood sign, but this is a small company with wide fluctuations in q to q results. If your time period is less than 1 year you may be disappointed.
That posting above by kloolaloola when Bright World was around 41 cts.
Today, it's 60 cts!
The market is a humbling place....One's mind should always stay open & be less pedantic.
Wang Weiyao, boss of Bright World, has bought another 1,424,000 shares at close to 60 cts.
see announcement today: http://info.sgx.com/webcorannc.nsf/ef3ba6cb188613ea482571b2003641d3/3b92631f0571374c482572f400161da6?OpenDocument
hi,
anyone has any comment about BW? i'm thinking of letting go of my lots. it's simply not moving much. also, am concern about the reduction of tax relief for the company next yr.
Hey can you share on the piece of takover news? were u get it from?
TIA
think there will be a rerating of this stock once takeover of Amtek unveils!
think this is what happened:
SGX: 27/04/07
BRIGHT WORLD RECORDS 39.5% INCREASE IN YEAR-ON-YEAR NET PROFIT FOR 1Q07
hi,
does anyone know any reason why Bright World's price been going higher these 2 days other than it's dividends distribution in early May?
Thanks!
Prudential Asset Management sells 598,000 shares on 13 March
Stake 6.0150% reduced to 5.8655%