Shares & Derivatives
What to do with the conditional cash offer for my Sim Lian?
By Just my thoughts on investing  •  September 4, 2016
Sim Lian has offered at $1.08 to exit and will be delist from the exchange, and I have accepted the offer. What am I suppose to do, as a minority minority shareholder, it seems that we do not have much a choice. This is a stock with good dividend and discount to it's NAV, for most of the investors, it would be nice to keep it as a long term investment, enjoying it's dividend and as well as it's capital gains. Yes, on it's offer, this counter has given me a 25% capital gain from my initial buy price.

Why did I buy Sim Lian

  1. I noticed that the major shareholders, including it's founders were buying their own shares. If the owners have confidence in their own company, we should pay attention.
  2. Good dividend, my original intend was to buy and collect it's dividends.
  3. A bonus came along the ...
...
Read the full article
By Just my thoughts on investing
Me am simple man with simple needs.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance