For MGO/ VGO, the minimum is 90% if not mistaken. When the founder disposed share at RM 1 to actis, he still kept 18%. In another word, if he want this company go private, he would have sold all in the first place.
Now, at currect price of 1.46, do you think the founder will sell 8% or all 18% at RM 1?
This very simple concept.
If you have ghl now, you can forget about the MGO and start focusing on the business.
Agreed with YiStock. I also feel there is going to be a major restructuring soon in the company after being taken over by Actis. Probably there will be merging of Actis' other businesses for synergistic benefits. Perhaps also some reshuffling in top management.
Agreed. Which idiot will sell the stock for RM1 while it is worth RM1.46? Just keep it as the Alipay will starting implementing next month. A good long run profit will come to GHLSYS.
melvintcs, dun ever listen to lee yih yeong, everything he said is just for fun n bullshit, suregain edi point tat out sometime ago, this guy keep changing his statement and keep saying things for nth.
n let's just accept it tat tis counter wouldn't fly in few mths, not sure whether it would rise again, but i m sure it wouldn't in few mths n might fall, just take it..coz we were greedy after all when we bought at ard 1.7
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Posted by UMA > 2017-04-22 11:10 | Report Abuse
1.46-30%=1.02