Stock “Highlights” – 2018 Year End Review

Scorecard for 2018 stock highlights as follows, where returns for 2018 stock picks lagged picks featured in 2016 and 2017. Key lesson learned where risk arbitrage discounts appear too good to be true may well turned out to be not safe nor steady and emphasis on diversification.

Note: This is not an investment advice. Buy and sell any securities at your own risk.

Disclosure: None.

Hovid Bhd: Potential coattail gains? (2)

Hovid Bhd major shareholders, holding close to 80% of stake in Hovid Bhd, had launched a corporate action seeking to delist Hovid Bhd with a similar exit offer of RM0.38 per share compared to its 1^st attempt at taking the company private.

EGM vote outcome due back in 15 November 2018 shows the final verdict being Hovid taken private, thus closing the potential coattail gains deal as highlight by yours truly back in June 2018.

Note: This is not an investment advice. Buy and sell any securities at your own risk.

Disclosure: None.