As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

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Saturday, 1 August 2020

50-50 Bet On Temasek Not Walking Away

Read? Kep Corp : Bought @ $5.36 for Round 97

Read? Temasek on Keppel MAC Pre condition

It is clear-cut  that MAC Pre condition is NOT met and Temasek should have walked away on Monday.

Why wait up to 31 Aug to decide?

Likely $7.35 will NOT hold and Temasek needs time to revise $7.35 downward. That new number has to be juicy enough for minority shareholders to sell to reach 51% under current depressed stock price.

1 comment:

  1. They wanna see if SembMarine shareholders will sabo the EGM on 11 Aug first, LOL.

    Temasek may still be willing to do NS (using our reserves LOL) to merge SembMarine & Kep O&M.


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