You make some very valid points. I will just add that the AB1...

First 87 Last

Share
Profile

Follow
nickdany123

294 Posts.

90

16/08/18

10:53

Post #: 34972548
Share

Originally posted by golfer44 ↑

If Sun Hung Kai is as big as everyone says it is then a million bucks is a good night out at the casino, just pocket change. Why the disruption, buildup of hype and huge anticipation of a 1 week trading halt for a 1 million investment that this bloke could pull out of his back pocket.

Wrong strategy if they were trying to build the hype because this deal might be good for the long term, but in the shorter term the SP was always gonna get smashed. These blokes may be great at running a private company or a small business but when you’re running a publically listed company with obligations to shareholders (both big and small) you’ve got to consider market consequences of long trading halts and poor option deals.

As I said previously, I’m in deep here (for me) to the tune of $50K and all I want to see are smart, sustainable decisions that befit a publically listed company.

Expand

You make some very valid points. I will just add that the AB1 management team deserves credit for the ease with which they can get potential investors to open their wallet. Yat Siu is very slick. I am only in this company because I know that guys like Yat Siu can pump out enough mouth watering ASX releases to drive the price of the stock up. So for me, this is just a waiting and timing game.

AB1 Price at posting: 7.2¢ Sentiment: Sell Disclosure: Held
5 Upvote

1 Great analysis

Reply