Fall right within mine expected target range, investors if don accept also die cos SMRT management concluded they cannot maintain 16% margin and even had difficulty hitting 5%. TH jia gao gao on long term investors. By the way noone short SMRT cos it low beta stock and too defensive. As usual long term investors lose gao gao on temasek linked stock lol.
the price will be around 1.68. don' t think it will go much higher
Serve the shortists right - sure panic cover now
Serve the shortists right - sure panic cover now
those who bought at $2, lose big liao
So cheap. Clever temasek. Those who bought at 1.8 before crisis jialut liao loh.
So cheap. Clever temasek. Those who bought at 1.8 before crisis jialut liao loh.
huat ahhhhhhhhhhhhhhhhhhhh
Temasek Holdings has proposed to buyout SMRT Corp at S$1.68 per share in a deal worth S$1.18 billion
1.68 privatize price
Target price by others is not realistic...
I can only say the price will be in the range of $1.65 to $1.85. anything higher is a bonus...
News should come out very soon...
For those who try to guess the new price, these are the benchmark, welcome to the real world.CIMB has cut its target price for SMRT shares from $1.40 to $1.17, Credit Suisse reduced its price target from $1.90 to $1.10, while OCBC revised its price from $1.55 to $1.45. Maybank cut its target price from $1.40 to $1.36. Phillip Capital analyst Richard Leow cut his target price from $1.42 to $1.35, citing " little upside for SMRT" under the new deal.
For those who try to guess the new price, these are the benchmark, welcome to the real world.
CIMB has cut its target price for SMRT shares from $1.40 to $1.17, Credit Suisse reduced its price target from $1.90 to $1.10, while OCBC revised its price from $1.55 to $1.45. Maybank cut its target price from $1.40 to $1.36. Phillip Capital analyst Richard Leow cut his target price from $1.42 to $1.35, citing " little upside for SMRT" under the new deal.
Stop trading?
Wait for confirmed sgx news better than guessing now. High chance th gona delist it, question is the offer price. Recent delisting offer price for companies sucks big time for long term investors, prepared mentally for realistic offer for those still holding on.
the money collected need to repay debt.
also to give the management a good bonus for helping the company to change into a new biz model.
Why will right issue...They sell asset got lots of money Liao....
If it not goes thru.Later SMRT propose to have Rights Issus at 1 for 1 at 1.20 and the price might fall for their collection.
Why will right issue...
They sell asset got lots of money Liao....
If it not goes thru.Later SMRT propose to have Rights Issus at 1 for 1 at 1.20 and the price might fall for their collection.
Sorry then in that case wouldn't both fund managers and retail vote not to accept the change in business model and sell the assets?? Then there could have to be a higher price for the asset sale and justify a higher valuation
