Sell AAG (2686 HK). A Revised Scheme Will Fail
The only potential positive here is if AAG/Xintai were to pay out a special dividend. In addition to the Offer Price. That's a big ask. AAG is...
659 Views
AAG Energy (2686 HK): AGM Results Suggest a Scheme Fail Was Inevitable
The AGM voting shows that Xinjiang Xintai will struggle to pass the scheme even if the record date is changed and some NO votes are invalidated....
560 Views
Merger Arb Mondays (01 May) - HKBN, AAG Energy, United Malt, Blackmores, Origin, Metro Pacific
This week, the highest gross spreads are 111 (34.3%), Estia (14.1%), United Malt (13.6%), AAG (12.8%), HKBN (8.5%), Origin Energy (6.6%), Toshiba...
670 Views
AAG Energy (2686 HK): Adjourned Scheme Meeting Points to a Close Vote
Risk-reward is still unfavourable at the last close. The deal break fair value range is HK$1.37-1.45 per share, with 16.0%-11.0% downside. This...
484 Views
AAG (2686 HK): Pros & Cons Ahead Of Scheme Vote
Trading ~5% below the undisturbed price. AAG is cheap. I'd still buy here given the limited downside. Shares were on an upward trend ahead of the...
561 Views