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Yesterday I came back home to received a news that Peter Lim, after failing to secure Liverpool decided to buy a hospital – Thomson Medical
He made the general offer worth $513 million after his private firm Sasteria bought a 39.34 per cent stake in the company from its founder and largest shareholder, Dr Cheng Wei Chen and his family. Dr Cheng and his family sold their shares at $1.75 apiece for about $202 million.
This represents a 62% premium above the last traded price. I think those people that have been queuing 1 cent below to get the right price should be kicking themselves now.
I have reasons to be sad as well. I blogged about Thomson Medical having a good businss and a likely appreciating dividend. The problem is that I waited too long to buy into the stock and the price jumped to $1.
By then I was waiting for the stock to fall back from its highs to get in again, but it just never came. If not I will be sitting on a nice profit now.
A lot of friends told me don’t cry over this and really I think I got past that stage already. Its important to see if there is some lesson learnt: Read more...[caption id="attachment_3770" align="alignright" width="150" caption="Photo by peasap"][/caption]
Yesterday I came back home to received a news that Peter Lim, after failing to secure Liverpool decided to buy a hospital – Thomson Medical
He made the general offer worth $513 million after his private firm Sasteria bought a 39.34 per cent stake in the company from its founder and largest shareholder, Dr Cheng Wei Chen and his family. Dr Cheng and his family sold their shares at $1.75 apiece for about $202 million.
This represents a 62% premium above the last traded price. I think those people that have been queuing 1 cent below to get the right price should be kicking themselves now.
I have reasons to be sad as well. I blogged about Thomson Medical having a good businss and a likely appreciating dividend. The problem is that I waited too long to buy into the stock and the price jumped to $1.
By then I was waiting for the stock to fall back from its highs to get in again, but it just never came. If not I will be sitting on a nice profit now.
A lot of friends told me don’t cry over this and really I think I got past that stage already. Its important to see if there is some lesson learnt: Read more...
[/caption]
Yesterday I came back home to received a news that Peter Lim, after failing to secure Liverpool decided to buy a hospital – Thomson Medical
He made the general offer worth $513 million after his private firm Sasteria bought a 39.34 per cent stake in the company from its founder and largest shareholder, Dr Cheng Wei Chen and his family. Dr Cheng and his family sold their shares at $1.75 apiece for about $202 million.
This represents a 62% premium above the last traded price. I think those people that have been queuing 1 cent below to get the right price should be kicking themselves now.
I have reasons to be sad as well. I blogged about Thomson Medical having a good businss and a likely appreciating dividend. The problem is that I waited too long to buy into the stock and the price jumped to $1.
By then I was waiting for the stock to fall back from its highs to get in again, but it just never came. If not I will be sitting on a nice profit now.
A lot of friends told me don’t cry over this and really I think I got past that stage already. Its important to see if there is some lesson learnt: Read more...
