bullish
HKBN (1310 HK): Just How Likely Is An I Squared Offer?
932 Views05 Dec 2024 10:36
Don't expect a competing Offer from HGC. IF this can be wrapped up in around seven months, I'd pay up to HK$5.00/share - for a 15% annualised return. At HK$5.15/share as I type, this is too tight.
What is covered in the Full Insight:
- Introduction to HKBN's Strategic Situation
- Market Share and Subscriber Analysis
- HGC's Potential Offer and Regulatory Challenges
- Discussion on Market Concentration and Duopolies
- National Security Concerns and Market Implications
Boomeranged on Tue, 11 Feb 2025 12:17
According to Sing Tao Daily, PRC regulatory authorities have yet to respond to the transaction. Not quite sure what that means. It's been a little over two months since the Offer was announced. Pre-TCM, 2-3 months to get reg approvals was the norm. Today's price action appears excessive. Still, HK arbs have seen two major blows ups lately: TCM & Henlius. On balance, probably a buying opportunity.
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