I've been reading your comments for quite some time and I must say that I have to agree with your scepticism. Tex is an extraordinary optimist.
The epay deal looks like it is going to be railroaded through. If Loh runs the "new" company, I expect we should see the SKG SP at least stablisise if not increase. If Soon runs it, I fear it will go the way of every other business he has touched. The epay announcement of a few weeks ago mentioned Soon would be the CEO, and the market reacted accordingly and immediately. One obvious question must be asked... what experience does Soon have in epay's sector?
Meanwhile the SP has still been abysmal, even with the announcement of the revised epay terms, which has had no real effect.
The market is speaking. Is anybody listening?
Peace,
Licky
SKG Price at posting:
0.0¢ Sentiment: None Disclosure: Held
