Here's wishing everyone a very Merry Christmas!
Baring fund has announced their plans to buy Interplex at around S$450m with each share price at around $0.82.
This price is definitely a premium over its average share price over the year. The premium is about 62%!
I bought Interplex at $0.68 and that means I will be making some profits for this takeover. Yay! Good news! :D
The year ended with some profits and some losses for my overall portfolio. Although I picked some good buys, I also made some costly mistakes ;(
Ah well, think long term ;)
Good luck, everyone. Hoping all of you have a blessed year ahead. :)
