$PUBLIC FIN HOLD(00626.HK)
Context: Public Financial Holdings Limited (HK) is rumored to be privatized by it's parent company, Public Bank Berhad in Malaysia. If we take the book value (BV) ratio at 1.0, the share price for privatization will be HK$6-9 per share but if there is a takeover the BV ratio will be 1.5. The current price before stock being halted is HK$1.55
My trade: trading is halted since 20 Aug pending announcement
Takeaway: However, for privatization, looking at the parent company Public Bank M'sia which is not that generous in giving dividend, I could say that using BV as the privatization benchmark is wishful thinking and the more realistic of takeover price will be HK$2 per share
$NVIDIA(NVDA.US)$Netflix(NFLX.US)
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