Good morning valubuddies.
Wish you a happy new year ahead and may your 2025 be a better year than before.
Some thought on my recent delisted stock.
#1 Eu Yan Sang - this is a good one. Reasonable return of annual return of 15% thanks to Mitsu and Rohto for acquisition. I do hope that EYS could flourish with the synergy from Mitsu and Kohto.
Actually, EYS return is more than 15% annually because there was a dividend paid too.
#2 Boustead Project - this is a good one. I did not accept the offer and now a proud owner of Boustead Project. I had a hunch that one day, the Eu Yan Sang stories might repeat itself.
#3 Hai Leck - I had a strong feeling (gratitude) for this one. My annual return of 5.5% is considered good - as I had very low expectation on Hai Leck.
Low expectation is for once, I felt that trap of having a 'value trap'. Being experience first hand that something I wanted to sell but not able to sell at *market* price and feeling really stuck is ...
When I saw the announcement from Hai Leck "halted", I was preparing for the worst scenario aka major restructuring.
When I saw the offer, I was delighted and sold all my Hai Leck soon.
Not saying I'm a top 20 shareholders, but you could imagine how terrible it could turn up without the offer.
#4 Silverlake Axis - This company always post "halt" announcement. So, it's just another "halt" announcement although seems out of usual timing. I paid a lot of attention to the "combi" option which returns 30cents and after 5 years return 18cents.
When I read between the line, it's clear to me that the "combi" option could gives a annual return of 22%. However, I couldn't believed it.
Our famous axioms of "if somethings looks too good to be true, it is a scam" rings in my head. Sure enough, when I share this great tips with my friend, most of them concluded it as a scam too.
However, what surprised me the most is: most people refused to think about the returns. I meant: when I share the maths / calculations of various sources (including from the SGX announcement with included the risk premium etc), most people are not interested in the maths / calculations.
My conclusion: most people just wanted stock tips and shunt from thinking (hard)
I could be wrong but that's my experience.
There were two game plans.
A) Silverlake Axis stocks that I own before announcement. This is no brainer. I just choose "combi" option and my annual return should be roughly 5%.
B) Silverlake Axis stocks that I did not own but I could buy from the market. This market operation would need to depends on the market price. What's rather surprised me was the market was selling at 36.5 - 37 cents. It was a surprise because if I could buy the share at 37 cents and I choose "combi" option, I would get the 30 cents return soon and then the 7 cents will become 18 cents after 5 years.
That was the part that I repeatedly ping / trying to discuss with my friends. Unfortunately, most concluded that this is a scam.
5 years later, I shall update everyone again on the annual returns.
#5. TalkMed - This is a great company with exceptional capable founding doctors. I can tell you this: I'm watching it like a HAWK
Enjoy: Tony Robbins
Gratitude!
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