Straits Trading Stock Forum

YiRong77 : ESR should bring this up in tandem, hold tight

何時我的第一桶金OP YiRong77: buy esr or st better?

YiRong77 何時我的第一桶金OP: I’m buying more ST and holding it, given that ESR has risen quite sharply

何時我的第一桶金OP YiRong77: Do u know st will get back how much per share?

YiRong77 何時我的第一桶金OP: Couldn’t tell for sure , since the fall of ST is not correlated 1:1 to the decline of ESR previously.
ST should gain by about $0.37 from the lows of 1.33  based my own opinion.
DYDD

何時我的第一桶金 : Coming?

To the Moon YOLOOP 何時我的第一桶金: ESR privatised should benefit ST
According to market news, the US Warburg Pincus Investment Group (Warburg Pincus) is leading a consortium to privatize ESR, its logistics platform listed in Hong Kong. According to the rumor, the ESR board has received an official tender from the consortium to privatize ListCo for $7-80 billion. Based on ESR's current market capitalization, the potential privatization premium is around 40% to 60%. Rumors also indicated that the board of directors had agreed to proceed. The deal is largely funded. The transaction is expected to close in the second half of 2024.

YiRong77 : Patience

何時我的第一桶金 To the Moon YOLOOP: Currently St holds 3.9% in ESR? Not sure what is the financial impact on this potential realization, I..e their cost versus potential receive amount

To the Moon YOLO : $1.43 vs $3.29 NAV

YiRong77 : Will the road block be open soon?

YiRong77 : I dun think that’s the case as it’s referring to the resources segment and it’s in sen (MYR)
Hopefully the dividend can be maintained as per last payout which is 0.08/share

To the Moon YOLOOP YiRong77: To the moon YOLO