I think the adjustment in the mother shares will be more than compensated by the premium fetched in the free warrants,I will hold until the whole corporate exercise is over.
With disposal of Sengencs + sell of some Inari shares + upcoming RI Insas will have a huge cashpile/warchest. It is now up to the the Board how best to use the cashpile/warchest to make acquisition and growth the profit.
Insas share price will only rise if the Board pays out higher dividend and increase payout frequency. Two sen and only once a year will forever make Insas a tortoise.
Or a hostile takeover or aggressive shareback Many companies in US including big tech companies hardly give dividend but their share price shoot up many folds.If I am not mistaken, even Berkshire Hathaway doesn't give dividend.However it is usually trading at a premium to its nett asset due mainly share buyback.
At current covid induce difficult time, many business are selling their assets at depress price to stay afloat. With cash in hand Insas is spoil for choice what to buy.
Inari will continue give increasing share of profit. DGSB and Hohup if everything go well will generate increasing share of profit. M&A need to grow the advisory services to both ACE and main board listing. ICL will continue generate interest income. Investment division need to be more aggressive and more profitable. Omesti will be the next associate company to generate share of profit. Insas tech need to acquire or incubate more tech start up. Cash need to be employed into buying more assets that generate income
Dear Sslee, hope you don't mind me asking. Are you going to sell the OR to lower your insas cost ? or you are taking up the rights, and sell either the RPS or the warrants to lower your Insas cost ?
The price of PR is basically the price of 2.5 warrants. If you are prepared to buy the warrant at 10sen,then PR would be 25sen.At 5sen the warrant would be extremely cheap at 2sen. So how much is the warrant worth? Thats the question
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Bgt 9963
7,445 posts
Posted by Bgt 9963 > 2021-01-29 16:50 |
Post removed.Why?