Chitchat Wing Tai Holdings

[ckmpd]

Wing Tai is trading at $1.75 today. Its Chairman is Cheung Wai Keung, Deputy Chairman of Temasek Holdings. It is a well run company and should see a run up in the next two months.

Will it go to $2? Will Cheung privatise Wing Tai to avoid paying charges for unsold properties?

The NAV of Wing Tai is more than $4. Good stock to look at if you have spare money to make aquick profit

 

[no_faith]

Well run and waiting for bail out?

 

[ckmpd]

Well run and waiting for bail out?

Yes.

No contradiction. Wing Tai is well run. But PAP manipulates the industry. For properties not sold within 5years, pap imposes a charge. The only way not to pay the charge is for the company to go private. As Wing Tai is trading way below value, it makes sense for Cheung to consider taking the company private

PAP is killing many businesses through various levies and high cost of doing business. A wise company will look for ways to legally get out of PAP's mess

 

[eatshitndie]

(well) run road.

 

[ckmpd]

(well) run road.

Wing Tai need not run road. Its net value is $4+ but is trading at $1.75. All it seeks is to maximise share holders' value. If it goes private, shareholders will get a bumper bonus

 

[no_faith]

In such economic slow down, pap cannot afford to allow companies to leave the island.

Pap will try to use ppl money to tide over but they will claim is the wise choice to make.
Hahaa use ppl money how can it be a wise choice?
Its very easy.

 

[apogee]

The only way not to pay the charge is for the company to go private. As Wing Tai is trading way below value, it makes sense for Cheung to consider taking the company private

Going private will not help. They will need to sell the properties.

 

[ckmpd]

Going private will not help. They will need to sell the properties.

No. Wing Tai doesnt have to pay the $100+m charges if it goes private

 

[ckmpd]

In such economic slow down, pap cannot afford to allow companies to leave the island.

Pap will try to use ppl money to tide over but they will claim is the wise choice to make.
Hahaa use ppl money how can it be a wise choice?
Its very easy.

PAP cant stop companies from gg overseas. PAP can try to make it difficult but cant stop them. Look at Seagate

 

[CoffeeAhSoh]

No. Wing Tai doesnt have to pay the $100+m charges if it goes private

How many lots of wt are you hanging on to ?


Can try asking Chairman Emeritus's office for advice

 

[ckmpd]

How many lots of wt are you hanging on to ?


Can try asking Chairman Emeritus's office for advice

i buy only what i can afford to lose. But I look at the company, study the industry and try to make a calculated decision

 

[CoffeeAhSoh]

i buy only what i can afford to lose. But I look at the company, study the industry and try to make a calculated decision

Wt will be alright. Nothing happened to capitaland. If i were you if it falls further buy a few more lots.

 

[uvwxyz]

Wing Tai is trading at $1.75 today. Its Chairman is Cheung Wai Keung, Deputy Chairman of Temasek Holdings. It is a well run company and should see a run up in the next two months.

Will it go to $2? Will Cheung privatise Wing Tai to avoid paying charges for unsold properties?

The NAV of Wing Tai is more than $4. Good stock to look at if you have spare money to make aquick profit

Wing Tai along with City Dev was recommended by the broking houses a few weeks ago. I did buy WT at 1.70 but not City Dev . Just about breaking even now.

 

[ckmpd]

Wing Tai along with City Dev was recommended by the broking houses a few weeks ago. I did buy WT at 1.70 but not City Dev . Just about breaking even now.

I didnt read that report. Why did the broking houses recommend a buy for Wing Tai?

 

[ckmpd]

Wt will be alright. Nothing happened to capitaland. If i were you if it falls further buy a few more lots.

So u also think can buy at $1.75?

 

[ckmpd]

Wing Tai along with City Dev was recommended by the broking houses a few weeks ago. I did buy WT at 1.70 but not City Dev . Just about breaking even now.

I think Wing Tai was trading at abt $1.67 recently

 

[CoffeeAhSoh]

So u also think can buy at $1.75?

If you are not averaging then look elsewhere. Forget about sgp markets.

Call your brokers. Hk stocks are more exciting. Try it.

 

[ckmpd]

If you are not averaging then look elsewhere. Forget about sgp markets.

Call your brokers. Hk stocks are more exciting. Try it.

Thanks for your advice.

As usual, SG is dull compared to vibrant and cosmopolitan HK

 

[CoffeeAhSoh]

If you are not averaging then look elsewhere. Forget about sgp markets.

Call your brokers. Hk stocks are more exciting. Try it.

Ron Sim cannot be wrong .

 

[CoffeeAhSoh]

Thanks for your advice.

As usual, SG is dull compared to vibrant and cosmopolitan HK

Wt should follow Ron Sim. DELIST in sgp. List in hk.