Shares & Derivatives
Metro Holdings – Why I think Management Will Not Accede To Activist Shareholder Quarz Capital Management’s Demands
By SG ThumbTack investor  •  October 5, 2016

There hasn’t been any updates on SG TTI for over a week, but I’ve been busy doing deep research and accumulating shares in a company. It’s been rather rewarding in fact, and I’m in the midst of writing up my investing thesis when I noticed that Metro Holdings’ share price shot up from $0.915 to $0.99 today!

A quick search and I found the reason why. This is the headline news from Yahoo!:

“Quarz Capital Management, Ltd. Sends Letter to Metro Holdings to Engage on the Proposals to Unlock a Total Potential Return of 40% in Metro’s Share Price through the Distribution of an Extraordinary Cash Dividend of SGD 0.21/Share (Dividend Yield of 23%) and to Provide Clearer Communication of Corporate Strategy”

Readers of SG TTI would’ve known by now that I was a long time shareholder of Metro Holdings, and have just recently divested a ...

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By SG ThumbTack investor
I am a Singaporean male in my mid-30s, and this blog chronicles my investing ideas and activities. I hope to search for and find contrarian and deep value investing ideas and will chronicle all these ideas here, both the successes and the failures. (hopefully less of the latter) ...
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