Singapore Stock Market News

Tiger Airways - Take SIA's offer

StockFanatic
Publish date: Mon, 09 Nov 2015, 03:21 PM
StockFanatic
0 10,453
Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
We advise shareholders to accept SIA's cash offer of S$0.41, as the prospects of Tiger on its own merits are poor, which underlined our previous Reduce call.

We upgrade our call to Hold, and raise the target price to the cash offer price, as we believe there is a strong likelihood of the SIA offer succeeding.

If necessary, we believe that SIA will raise the offer price, as it cannot afford to delay the execution of its long-term strategic goals.
Read more »
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment