cowpehcowmoo : This company cmi already if Temasek dont save it. Hopefully they sell their Renewables Tech to someone so that at least SG can still prosper. Good luck waiting till 2028. Check LinkedIn their staff turnover rate. Only for speculators to play maybe still can make some money if either you lucky or chart master or Temasek buyout (though unlikely due to their insane debt but never say never). Unless Temasek wana catch those shortists with their pants down then maybe this stock suddenly bounce up like crazy

cowpehcowmooOP : They attempted to low ball a GO couple of years ago at <36 cents offer and failed

cowpehcowmooOP 多買多賺買少少虧金牛: Indomie maker's revised offer for Indofood Agri 'not fair but reasonable': IFA
My bad 32.75 + dividend that year I think it came close to 33

cowpehcowmooOP 多買多賺買少少虧金牛: I actually think they will GO this year. Trading volume has been very low the past many years and taking it private will save them loads of money and free them from reporting compliances. SG market is dead, I hope they privatize it and go list in HK so that I could trade their stock there in future if it does happen. But I doubt the remaining shareholders will accept a price lower than 55 cents since many of us are long term holders and cash rich. It wouldnt be easy to shake us off even if US market starts crashing. Needless to say, I rejected the last GO offer and I am prepared to hold for as long as they do not offer something which is reasonable. And of course dont trust the analyst if it ever comes to GO since nobody will safeguard your interest except yourself so we have to do our own valuation and prepare to fight a long battle/war

cowpehcowmoo PigsCanFlyOP: There is a warrant carry risk premium

cowpehcowmooOP : In all honesty, the only way to par down debt for a chance to return to profitability would be to do a rights issue after their 20-1 consolidation. I seriously doubt they could return to profit if most if not all their profit goes toward interest payment. This is my purely my personal opinion

cowpehcowmoo : Yes never ever trust Analyst TP and always do your own valuation if you know how because nobody will safeguard your interest and money except yourself and maybe your mum. Analyst TP is almost always biased depending on the position they are taking so always take their opinions with pinch of salt. Though I must highlight to always take their 'facts' into consideration (you have to analyze what data they have yourself) on what to believe since they have more access to data than most of us hence they are not entirely useless to retail investors

cowpehcowmooOP 28282828: Maybe share consolidation followed by rights

cowpehcowmoo : Looks like we are using the same valuation formula but Lim's growth rate is probably a little aggressive at 14 whereas I am using 12. Reason for my lower growth rate is due to the additional yard space Dyna procured since there is limitations to the project size they could undertake, and that my forward looking PE is based on ex-warrant and assumption they could win 300-350M projects in 2024. I was hoping they win some small modules valued 80-120M by end March but it missed my target hence one of the many reasons for my sale last week

cowpehcowmoo bullrider_21OP: I think so too, the company's cashflow is certainly very good and even if they do not win projects until June, I'd still give the company a buy rating as long as its <=38, its just that the risk reward is much higher now (as in higher risk vs price) hence I decided to lock in my profits as I missed that bull run at 44 last year when I decided to chase the Dragon when its above my 2023 valuation

cowpehcowmooOP JJ trader: Not a matter of can buy or not, rather would you buy or not. Stocks are very speculative and it is common to go both ways trading on insane valuation or dirt cheap valuation so its a matter of whether you want to be a participant during which scenario