The offer to buy over all the business units for $74 millions is poor. The announcement didn't mentioned about the plan to distribute the cash.

Don't bother there are far better run tech manufacturing stocks around in SGX. Hedge fund which took up a block of shares maybe unwinding soon as major shareholders failed to excite the stock with the privatizing of Malaysia subsidiary.

Why ? Their operations so bad compared to similar companies which all doing well in last 1-2 years. I think company is badly managed. Major shareholders all old folks drawing down the company's cash and not interested to recover their business.

Major shareholders privatizing their KL-listed subsidiary. Does this mean they will do the same here? US hedge fund working on it...

Ng family basically privatising the company as they look to increase their stake in the transaction to +70%. Standard Chartered coming in just to provide funding to buy up the minority shares. The offer price at 35% discount to NTA is far too cheap. They are short-changing the minority shareholders. REJECT the offer.

One major shareholder sold/married a 10% block to a hedge fund last month. Co fundamentals remain very weak comparing to Venture, Sunningdale. Hedge fund may look to bear raid this.

Another poor set of results...this cash cow soon becoming dead cow

OCBC suddenly ceased coverage...something negative on the way

About time authorities (not just Chinese SAIC but Spore too) crackdown on these ponzies.

1 of their top 3 customers...+ possible investigation...

Analyst not doing their work. At least 2 major orders cancellation coming

Solid 1Q? YOY was misled as 1Q16 was poor. QOQ was >50% drop. One broking house internal traders buying weeks ahead of a positive issue a bullish report to lure their clients into it as they unload...more downside next week.

1Q sales dropped >24%; PBT also dropped > 50% qoq...another case of analysts trying to con and trick buyers into the stock while the remisiers & house traders unload their shares.

This report only issued more than a month after the share price initial activity...front running by remisiers ?

Share price overdone in past month on speculation of take over by China BaoAn Group. Is not the case now. Dump them.

BoaAn Gp's BaoAn Technology has been buying EMS biz. eg. IPE (929 HK).

Technology arm of China BaoAn Group taking over this. They not buying PNE or Memtech

1Q17 see delays in 2 major orders in consumer electronic segment (just like 2Q16), losses ...Take profit before share price diving

Doing so well, owner buying big bungalows in D10, private jets...

Results so bad. Dump your shares

Results so bad. Stock price will dip tomorrow

Sell b4 too late. Rubber px shootin up, nitrile px will follow ...

Honestly, what these major shareholders are doing ought to be investigated by the authorities. How can major shareholders make a publicly annc 'bou a strategic review by them (not the company) when there hasn't been approached by potential buyers. Clearly, they are doing this to churn up interest in the stock, leading to speculative jump in share price. Pre-announcement should only be made by the company when there has been an approach made by potential buyer or a formal appointment of IB made for sale (bid) process. Bad corporate governance and compliance.

Co is 50 years old, and only made S$5.3m. You tell me !? Either the co is poorly run or its industry is small & no growth. Probably both. IPO has no public portion means co has no confident in its own business yet has big ego. Another crap on SGX.

This likely to be next to bite the dust. Can't believe still have irresponsible analyst calling buy on the stock weeks back.

Can't believe u still ve this ? Better get out b4 it sinks to seabed.

Seagate Technology - their top customer expanded plans to cut jobs to 14% of the workforce, seeking to > reduce costs to weather a prolonged slump in demand. Looks like Cheung Woh is doomed.

With more than 40% of revenue from Europe (including operations in Germany), I think this company will suffer

>40% of sales from Europe(incl. UK), Riverstone outlook could be badly hit going forward.

Glove giant Top Glove net profit dropped 40mainly due to pressures on its average selling prices and higher operational costs. Riverstone will suffer same problem. Dump your shares before is too late.

Another S-chip soon biting the dust

Despite seeing a better long-term prospect from further boost in its production capacity, I'm very concerned on the industry over capacity could lead to intense price competition. Expect poorer 2Q.

Margin coming down as competition intensifies...the new expanded capacities by larger peers all coming on stream...even demand remains firm, supply-side will sure bring asp downward. Expect massive de-rating months ahead for this sector which has over-enjoyed peak valuation for past 2 years.

1Q gross margin came down from 31.6% to 29.1%...1st sign of more margin erosion ahead as competition intensifies from industry growing capacity.

industry & valuation ve peaked. Only way is down.

Trading restriction imposed by most brokers...oops...investigation ?

CIMB not 1st; MayKE, Phillip, DBS mentioned earlier already...I'm not comfortable with the accounts

Ponzy ?

Silly mgt still keeping it listed. SME mentality, never gonna grow.

All the +ve in the price...too rich for any M&A. This will drift south to 72c...

Largely expected. Fully valued.

LOL. Deservedly so. Badly run and dismal biz.

Can't believe this CIMB analyst still calling an ADD...wonder he knows how serious when a co called for a change in debt covenant huh? Financial inability aside; mgt creditability gone. Reason this stock is holding is becos of its tight free float. Pang family owns >60%. 1-2 loosely-arranged funds holding big blocks (from IPO) die die still keeping their massive losses. LOL

This co looks decent enough to be acquired by strategic buyers or private equity funds. Not surprise its major shareholders unlock value soon.

Huh? 2012 probably they yet acquired S&E lah

Is really bad, dude. Dun think their cashflow can meet their debt servicing.

Ummm...guess is juz the nature of their biz model - project driven. As Pico gets bigger jobs (esp more from China), cashflow gets a liitle more patchy.

Quite a few brokers having notes on this lately. Looks like a vendor share placement in the making. 1.71 ? Any investing dork ? LOL

How can Innovalue deserve higher P/E than Interplex which is >2x larger and well-diversified. Innovalue has scary customer concentration, and so should ALWAYS trade at 20-30% discount to peers.

Stop advertising your lame system here, dude. Best to trade is your Bloomberg terminal, you mong !