Shares & Derivatives
The next Singapore stock for privatisation?
By Singapore Stocks Investing (SSI)  •  April 26, 2014
SMRT stock grabbed the headlines of Singapore stocks for the week of 21 April to 25 when it stock price headed up by almost 20%. It was thought that the increase in its stock price was due to the thinking that SMRT would benefit from a new regulatory railways framework or possibly be privatised or nationalised. Another stock which made headlines albeit not on the scale for the above week was PACC or POSH stock. POSH stock headed up by just 0.5 cents on its first day of debut. Prior to its trading, many investors are saying that the IPO price is probably too high above its Net Asset Value. For the third consecutive week of publication, a local financial magazine carried articles of possible privatisation and among the potential stocks cited are Tiger Airways and Dyna-Mac stock. I was thinking perhaps we could count NOL stock in, since ......
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By Singapore Stocks Investing (SSI)
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