JunJie2525
2022-03-28

$Razer(01337)$I read the joint announcement issued on 21/03/22 and these are the key takeaways:


As per previously mentioned in Feb, the deadline for the dispatch of privatization scheme doc is either on or before 4 April 2022. This remains unchange.


Razer is now waiting for the Court Meeting, which is meant to consider the privatization scheme and other procedural matters. Lastly Razer is in theprocess of finalising the privatization scheme doc.


My personal opinion: the privatization at HKD2.82 will happen. Only question is when, that will be answered in the privatization scheme doc.

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Comments

  • HilaryWilde
    2022-03-28
    HilaryWilde
    When do you think the privatization will be completed?
    • HilaryWildeReplyJunJie2525
      Haha hope to get it done sooner rather than later.
    • JunJie2525
      Honestly i have no idea 😓. I guess we will only know once the docs are issued. I’m hoping it will be completed by end 1H2022
  • EvanHolt
    2022-03-28
    EvanHolt
    Are you bullish on Razer?
    • JunJie2525ReplyEvanHolt
      What about you? What is your take on razer?
    • EvanHoltReplyJunJie2525
      Profit-taking is right in the short term.
    • JunJie2525
      No. I‘m just holding onto the stocks and waiting for privatization to happen. Once that is done i’m out.
  • CIG
    2022-03-31
    CIG
    Why don't buy more? still got 10% profit towards 2.82
    • JunJie2525ReplyCIG
      Better than nothing!
    • CIGReplyJunJie2525
      haha, I just bought 1 lot at 2.56 this afternoon.
    • JunJie2525
      I did. I’ve bought some at 2.42, 2.38, 2.21. But how much I can buy depends on how much spare cash I have
  • MR_Wu
    2022-03-28
    MR_Wu
    I have had a bad investing experience with Razer.
    • JunJie2525ReplyMR_Wu
      You too!!!
    • MR_WuReplyJunJie2525
      It doesn't matter, you will definitely succeed in the future.
    • JunJie2525ReplyMR_Wu
      I treat it as a bad experience and a hard lesson learnt
    • MR_WuReplyJunJie2525
      Now there is no need to sell DIDI as it has no room to fall.
    • JunJie2525ReplyMR_Wu
      I had bad experience with Didi, and unfortunately i’m still having it now lol
  • Chie88
    2022-03-29
    Chie88
    Good
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