MrSinkie95
Honorary Member
- Joined
- May 20, 2015
- Messages
- 144,581
- Reaction score
- 1,918
Woah congrats to all GLP holders. Past 2 weeks have been exciting and nerve wrecking, especially when price dropped sharply. Have a great weekend!
Nerve wrecking indeed. Now starts the path to privatisation and hopefully no more breaking story...
Any idea why it closed at 3.29 when the offer is 3.38?
Can really experience how the BBs greatly manipulate the prices during takeovers. Got 4 options now
1 Sell immediately
2 wait for 6c dividend (seems to be a good option, but not sure if price will drop by same amount when XD)
3 wait till Apr 2018 for takeover to complete
4 sell at a later date as price should move up gradually as it approaches Apr 2018
Risk of the deal not happening mah
Actually offer is 3.38+ 0.06 divvy. If confident of deal happening there's still meat but caveat emptor
tiagong master leong huat until blc...
Did a quick calculation, Capital gain 70.7%+6% dividend gain=76.7% divided over a 2 year holding period work out to a 38.35% return per year. Not too bad for an amateur investor, if I should say so myself. I stopped averaging down after I hit my position sizing limit, otherwise the gains would've been even better, but risk management always a priority. Give myself a pat on the shoulder :
Nerve wrecking indeed. Now starts the path to privatisation and hopefully no more breaking story...
"However, despite its undertaking, GIC is free to accept an unsolicited, higher competing bid if one comes in before the scheme meeting is convened and is not matched by Nesta, the terms in the joint agreement noted."
It will be another nerve wrecking experience if this happens
sad, yet another dividend stock of mine that might get delisted.
Allgreen
SFI
Cerebos
F&N
Now GLP?
Running out of good dividend shares in Singapore. Nowadays dividend investor have to look at other countries for dividend income; the alternative is to take an overconcentrated position in Singapore REITs.
sad, yet another dividend stock of mine that might get delisted.
Allgreen
SFI
Cerebos
F&N
Now GLP?
Running out of good dividend shares in Singapore. Nowadays dividend investor have to look at other countries for dividend income; the alternative is to take an overconcentrated position in Singapore REITs.