Chairman and CEO of OSIM International, Ron Sim, announced on 7 March 2016 that he plans to take the company private and offer to buy out remaining shareholders at $1.32 per share – a 7.8% premium to OSIM’s last traded price of $1.225 on 1 March.  Shortly after the announcement, OSIM surged to $1.38 per share – six cents higher then Sim’s offer price.  It seems investors are valuing the company higher than Sim’s $310 million cash offer. OSIM traded as high as $2.90 per share in 2014 but fell to as low as 77 cents in the last twelve months. The main reason for the drop is the poor performance in OSIM’s key markets, especially their largest market China. The company’s net profit dropped nearly 50% to $51.5 million in 2015 from $102.2 million the year before. This has pulled OSIM’s ......