Thanks for the  generous and kind sharing

USD1.85  ENTRY

NAV S$2.90 ?

Or  NAV USD2.90 ?

How is the Dividend  Yield ?

Hi pharoah. Your question is hard to answer but they tried to delist earlier at about US$1.2 and the SGX rejected it as unfair to investors based on the brokerage firm's recommendation that the offer underpriced.

The current price is a bit high for entry as some investors have come in eyeing the upswing in the tech sector (typical sign of recovering economies). I'd suggest waiting for the market to cool its current selling fever before entering. For me, I'd only enter if it dropped to around US$1.85, which is below its NAV of about S$2.90.

Senecus has held this stock longer than me so he might know better. Cheers.

if  owner  wants   to  DELIST,  will  they  make  a  General  Offer  belOw  MARKET  PRiCE  ? ? ? ?

LiKE  SembMarine  ? ? ? ?

blackstreams      ( Date: 21-Oct-2009 23:43) Posted: Yeah, I love this stock despite its extreme low volume. Been investing in it since it hit 0.92but been taking profit incrementally since they tried delisting it again. Something tells me they'll succeed the third time of trying, given the amount of insider buying they've been doing. senecus      ( Date: 21-Oct-2009 23:28) Posted: Still going strong...