It seems that there are 2 quickest ways to create value for shareholders in Singapore context:
1) just tie-up with Tan Kim Seng (the founder of KS Energy).. read the many success stories..
2) propose dual listing in HK, Taiwan or US
China XLX Fertiliser just demonstrated how the value of shareholders is enhanced by a whopping 50% today after the HKSE debut.
I expect more Companies to follow suit. Luckily I have 3 such stocks in my portfolio:
Oceanus: Taiwan listing, just obtained approval
Midas: Hong Kong listing by middle of next year
Abterra: Hong Kong listing as it has a strong Hong Kong based parent company
Huat ah!
3 comments:
Hi Kit,
I also have vested interest in Abterra. Mind sharing your insight in Abterra? Trading at .04 to date. :)
Abterra have not been listed yest right in HK? Don't know if buy must hold how long..
Hi,
No timeline set for dual listing. I think they need to first of all focus attention on the coal mining biz. Some of the acquired mines may not be controlled politically hence making it hard to sustain the volume.
I am eagerly waiting for update from the Company.
Be prepared to hold until things become clearer.
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