Shares & Derivatives
GL Limited: Voluntary Conditional General Offer at $0.70
By Alpaca Investments  •  January 30, 2021
Disclaimer: This post is only intended for informational and discussion purposes and should not be taken as financial advice. I am merely sharing my rationale for buying GL Limited shares, and may acquire more shares and/or divest my positions without updating this article. Please do your own due diligence and/or consult a licensed financial advisor before dealing with shares in GL Limited. Overview On 15th Jan 2021, GL Limited announced a voluntary conditional general offer from GuocoLeisure Holdings Limited, at an offer price of $0.70 per share. GL Limited is a company that operates in the hospitality, oil & gas, and property development segments. Following the announcement, analysts from Lim & Tan Securities have suggested that GL Limited could be worth as much as $1.16, as reported by the Business Times. https://www.businesstimes.com.sg/companies-markets/gl-has-deeper-value-than-just-70%C2%A2-a-share-analysts In this article, I would be discussing the various segments of the company, and also my rationale for purchasing shares of GL Limited at $0.725, which is above the offer price....
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By Alpaca Investments
I'm currently an undergraduate studying accountancy in one of the local universities. My ideal career would be either in private equity or venture capital, as the analytical process involved greatly interests me. I believe in working hard, while concurrently putting our money to work. I currently have a low five-figures portfolio, accumulated from working part-time jobs, my National Service allowance and my savings.
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