Lantrovision

[BlueKelah]

getting off topic so I've just PM'ed you pianist about the Choya.

[swn]

Delisting offer approved by SGX but why there are still sellers at $3.07?? Sotongs in the market?

[dydx]

The sotongs are now mostly in the fishermen's nets..

[swn]

The sotongs are now mostly in the fishermen's nets..

May be I should join in for some fun!

[melissa]

The sotongs are now mostly in the fishermen's nets..

May be I should join in for some fun!

Is it because there are people out there who think that the delisting will not succeed?

[MOV]

LinkedIn just opened a new data center in Singapore, cementing our little red dot as a DC hub.


http://www.zdnet.com/article/linkedin-op...singapore/

Mirait is getting this business for a cheap price less than 1.5 P/NTA, no debt and cashcow!! 

Maybe the 'fishermen' are right, don't be blur like sotong..

[BlueKelah]

Lol fisherman and sotong. 

anyways its not doing $3.25 as only small lots for sale due to lack of interest in this counter. if u wanna buy like 50 lots also difficult and likely push the price all the way up to $3.25.

I see the sell queue now only 4 lots @ 3.10. Buy queue only 1lot @ 3.09. 

All the current trading we are seeing is likely by those trading computer, nothing much to get excited about.

[dydx]

Just based on the 144.1 lots done so far today and $3.06 (the lowest price done today), total proceeds of $440.9k have changed hand so far today - this is not a small potato!

I guess the main thing to note is that the sotongs have made money in this case, and the fishermen who have bought in at the current price level and would go vote 'FOR' in the coming EGM, should stand to make a very decent 5+% gain on a relatively safe bet.

[greatgrowth]

$3.25/share, considering the growth potential of the company (business mainly in south east asia), not very justified IMO. But that is just based on the valuation model that I used and the growth rate that I feel it should be at.

The demand for network cabling works in SEA should still remain relatively strong (especially when data centres are sprouting in many countries) to cope with the demand for cloud storage. I have a friend who interned at a bank where he happened to see them engaging LantroVision as the contractor for cabling works. He said that they are rather efficient in doing their works.

Of course minority shareholders will not have much say to the issue of the offer price though. In addition, some may feel is justified and offer their shares to them.

[MOV]

Officially delisted on 17 June 2016:

http://infopub.sgx.com/Apps?A=COW_CorpAn...1fa8c63feb

A pity for a good honest Singaporean company.