WING TAI MALAYSIA BERHAD

KLSE (MYR): WINGTM (2976)

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Last Price

1.79

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

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1 person likes this.

211 comment(s). Last comment by GuShen 2017-08-01 20:51

Lancome

7 posts

Posted by Lancome > 2017-05-27 21:53 |

Post removed.Why?

Posted by Parkson8888 > 2017-05-28 21:59 | Report Abuse

steveooikp hopefully Parkson can be privatised also. Offer price must be above RM 1 or 1.2-1.5.

steveooikp this one should be under UMA.
listed companies bosses really know how to make money...
just 1 words privatize.... can make money...

there are so many counter current price are far under the NTA.
so all these bosses can announce privatize...

fk lor... see YTLE - privatize and very damn......
24/05/2017 16:19

calvintaneng

53,341 posts

Posted by calvintaneng > 2017-05-28 22:07 | Report Abuse

Hi guys,

Just to let you know the power of Sifu Walter Schloss

Walter Schloss

WALTER SCHLOSS – PROVEN SUCCESS – A TESTAMENT TO GRAHAM NET NET METHOD WORKS

For 40 long years Walter Schloss (The Most Faithful Disciple of Ben Graham in NET NET VALUE INVESTING) Bought Undervalue Shares. He bought it year in, year out; year after year. He doesn’t care about the business itself. He said that if he can buy a share with deep discount to NTA something good might come out of it. He doesn’t care whether it is monday or friday; he doesn’t care whether it is the beginning of the year or end of the year; he doesn’t care if it’s January,May or December.

In year 2005 (12 years ago I bought DNP at 40 sen with NTA over Rm1.00) I saw its condo called Lanson Place in Ampang.

Today this stock is taken private at Rm1.78 for 345% upside in 12 years or 28.7% a year.

So following Value Investing is correct!!

cefiro22

383 posts

Posted by cefiro22 > 2017-05-29 08:30 | Report Abuse

thanks for sharing,...yes pick them up when they are in the "dumps" with good NTA to support and just be patient. ..see this

http://www.thestar.com.my/business/business-news/2017/05/27/takeover-offer-for-wing-tai-malaysia-seen-undervalued/

Posted by lirhahs199 > 2017-06-05 23:25 | Report Abuse

Wing tai taoverprice is fixed no effect because the shareholder have their mandate to private oledy upon lapse then so no more activity I think this stock

pharker

1,081 posts

Posted by pharker > 2017-06-14 10:36 | Report Abuse

Rumour higher offer coming...today some lots are done at 1.81

pharker

1,081 posts

Posted by pharker > 2017-06-14 10:43 | Report Abuse

Strategy..controlling holder first buy from market at 1.78n 1.79...so they accumulate..then left some stubborn minority holders that still dun sell or accept..then offer higher for the remaiming lesser lots...save cost..just like UK developers offer to take over OLD buildings for rebuild..offer starts small..then final higher offer to remaining stubborn holder

pharker

1,081 posts

Posted by pharker > 2017-06-14 10:44 | Report Abuse

Sorry its HK developer

cefiro22

383 posts

Posted by cefiro22 > 2017-06-15 09:12 | Report Abuse

Interesting announcement yesterday in Bursa Company Announcement>

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5460745
Maybank Inv Bank had to announce that they acquired in open market a total of 10,875,900 shares at 1.80/share on June 14-2017.

I have not noticed any announcement earlier by Maybank IB of those who bought earlier at 1.78/1.79 in bulk.Who were they?...Am I correct that this is the first announcement ever made that WTM has bought in the open market?

san3

48 posts

Posted by san3 > 2017-06-20 17:02 | Report Abuse

Do anyone know what happen if they unable to do the private placement? will they convene an egm or will the price drop back to $1.20 before the offer was made

GuShen

141 posts

Posted by GuShen > 2017-08-01 20:51 | Report Abuse

可以考虑买一点Wingtai. 这是一家从事房地产和服装(UNIQLO) 业务的公司。Wingtai Singapore 以RM1.80全面收购这家公司。Offer 展延至8月8日。如果没有在期限里收购到足够的票数,Wingtai Singapore 就不能够进行强制性全面收购,过后将会除牌。没有把手上的票卖掉的股东将继续成为这家公司的小股东。

Scenario 1: 成功全面收购
- 以RM1.81价钱购买的票会以RM1.80退回

Scenario 2: 没有成功进行强制性全面收购
- 公司将会除牌成为Wingtai Singapore (新加坡上市公司)的子公司。
- 六个月后可能会再offer 更高的价钱购买你手上的票。
- 公司每股的资产超过RM3.60。如果公司售卖产业得到现金很大可能发股息,小股东也一起收益。


目前为止,Wingtai Singapore 还需要2000张的票展开强制性全面收购。以RM1.81购买每股超过RM3.60资产的公司成为这间公司的小股东决对值得!

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