This is the 3rd company in my portfolio being privatized after Sim Lian and ARA Asset Management. I have blogged about “ The Good or The Bad “ of privatization before (here ).
As I mentioned before “ Whether privatization is good or bad for shareholders, I’m sure it depend on your entry price and in the eye of beholder.”
In most of the case , the offer price for company being taken private will be higher than last trading price or premium over NAV. As such , some investors tend to spot or try to identify which company will be the target of privatization in order to enjoy the price different of before and after announcement of privatization.
At least , these are the target given by some of the brokerage house in Apr 2016 :
14 listed firms most likely to be privatized or