Shares & Derivatives
Croesus Retail Trust – Time to say Good "Buy"?
By Mr. IPO  •  August 26, 2017
It was an interesting week, where i "received" two privatisation offers - Lafe Corporation and Croesus Retail Trust. Not all privatisation offers are good and Lafe Corporation was one great wealth destructor Lafe Corporation was for my dad and listed with much fanfare back in April 2000 with a market cap of $460m. The market cap today was $22m and for every $1 invested in the Company, it
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By Mr. IPO
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
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