Indofood Agri Stock Forum

cowpehcowmoo OP : They attempted to low ball a GO couple of years ago at <36 cents offer and failed

何時我的第一桶金 cowpehcowmoo OP : 28c

cowpehcowmoo OP 何時我的第一桶金 : Indomie maker's revised offer for Indofood Agri 'not fair but reasonable': IFA
My bad 32.75 + dividend that year I think it came close to 33

何時我的第一桶金 cowpehcowmoo OP : This indochin taukay is quite stingy in a way. Most probably they will try another round GO since they hold substantial shares and no benefit for them to raise money ownself

cowpehcowmoo OP 何時我的第一桶金 : I actually think they will GO this year. Trading volume has been very low the past many years and taking it private will save them loads of money and free them from reporting compliances. SG market is dead, I hope they privatize it and go list in HK so that I could trade their stock there in future if it does happen. But I doubt the remaining shareholders will accept a price lower than 55 cents since many of us are long term holders and cash rich. It wouldnt be easy to shake us off even if US market starts crashing.  Needless to say, I rejected the last GO offer and I am prepared to hold for as long as they do not offer something which is reasonable. And of course dont trust the analyst if it ever comes to GO since nobody will safeguard your interest except yourself so we have to do our own valuation and prepare to fight a long battle/war