An analyst has indicated that Wheelock Properties is the only stock which fits all the criteria for delisting or privatisation in an article in a leading local financial magazine. For retail investors who believe in this prospect and buy into Wheelock Properties, the acquisition of Hotels Properties Limited by Wheelock Properties may turn out to be interesting but still as an acquirer, the stock price of Wheelock Properties has also headed north though not as much as Hotels Properties Limited.
My analysis shows two common senses of thought. First, Wheelock Properties has no intention to delist or privatise. Second, Wheelock Properties may want to acquire more properties like those in Hotels Properties Limited before it decides to delist. So which camp of thought are you at?
I think many investors would still have preferred CapitaMalls Asia to be listed as it is an excellent proxy to China’s consumerism, backed by ......