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I was actually thinking of averaging down a bit days/weeks before the delisting plan announced but was rather hesitant. If I am more courageous, I would have lesser losses. :p lol.. just my luck.
Waiting for the money to be credited . hopefully credited this week after the exit offer expired.
Damn the Synear for taking advantage of us. Next time go China won't buy this Synear product. lol
buaypangsai ( Date: 15-Sep-2013 21:48) Posted:
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thanks happyharvest. I lost ~1k due to this crap.
anyway, you all got read this? fierce cai hong.
"
Mr Vincent Tan has also stated in the Letter that the ?Independent directors...have instead assisted majority shareholder Li Wei and his associates to to [sic] take the company private at a price that shortchanges minority shareholders?. The Independent Directors strongly refute any suggestion that they have in any way assisted Li Wei and his associates in the Proposed Delisting and Exit Offer and take a serious view of the above allegation by Mr Vincent Tan and reserve their rights accordingly."
Not sure. haven't received the money but in the cdp account, it is updated. maybe will call cdp to inquire more...
buaypangsai ( Date: 11-Sep-2013 23:06) Posted:
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Got it. Would we get a reply from CDP that they have received and approved the document?
happyharvest ( Date: 08-Sep-2013 20:08) Posted:
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That's what I did.
buaypangsai ( Date: 08-Sep-2013 18:42) Posted:
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can I check how to submit the form?
just write number of shares, date, sign and mail?
just write number of shares, date, sign and mail?
Lw Malaysians lackeys are also possibly transferring the Lw shares they been holding custodian for the past year back to him at 0.187. Then maybe next week Lw will present his Malaysian lackeys with cheques for help him fu_cked retail investors just like you here.
Lw of course. He doesn't want to waste time. he knows they are some old timers willing to go together with him to private speculating LW will relist in Hong Kong at double the price. So LW want to hit 90% to force these hardcore old timers to sell as 90% is involuntary force sell! Lw doesn't want to leave even bones for any body.
How do you receive payment if you submit the exit offer letter? Cheque ?
Who is still buying at 0.187?
At least we did give it a shot guys. Thanks everyone who voted!
So either the bigger minorities left like Roy either cave in or decide to go private with the company? If a 500 listed company in China does this, what about other smaller S-chips? S-chip definitely no no if SGX also close one eye to these companies open broad day light scamming.
Sad. Haiz. Consolation is at least can close the episode but with a sad ending. :(
Dabian ( Date: 04-Sep-2013 19:53) Posted:
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Results out, against only 4.78%
Lazyposter ( Date: 04-Sep-2013 17:22) Posted:
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Did anyone go for the meeting today?
Good luck everyone
What will happen to the share price if the vote against delist happens? Up or down or sideways?
buaypangsai ( Date: 03-Sep-2013 21:58) Posted:
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soon we will know
ok sending out the mail tmr!
screw lw!
After verify your form, they will chop received with date.