Shares & Derivatives
What are the next stocks to be privatized?
By Singapore Stocks Investing (SSI)  •  December 8, 2015
NOL stock receives an offer of $1.30 per share. If investors can recall, the IPO of NOL stock back in year 1981 was $4 a share (you can view a newspaper article here). The offer hence represents a discount of 67.5% off the IPO price of NOL stock. Similarly, another Temasek-linked company, Tiger Airways receives an offer of $0.41 per share for the proposed delisting. Compares this offer with Tiger Airways IPO price of $1.50, the discount is around 72.66% off Tiger Airways’ IPO price. If there is a lesson for retail investors from the above episodes, it will be that a “Buy and hold them for dividends” strategy may not always be the Best, even if we are talking about blue chip stocks like the aforementioned two mentioned stocks. The proposed delisting of Tiger Airways and NOL will once again spark an interest ......
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By Singapore Stocks Investing (SSI)
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