Xingda (1899 HK)’s Partial Offer from Management to Seize Statutory Control
While an opportunistic and disappointing bid, the partial offer to acquire a minimum of 4.41% of outstanding shares at HK$1.88 is likely good...
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Xingda International (1899 HK)’s to Draw a Privatisation Bid from Management?
The bid is likely privatisation through a scheme. Due to FIL’s blocking stake, a decent premium is required, such as an offer approaching HK$2.00...
418 Views
Xingda Int'l (1899 HK): Kicking The Tyres
The Five Parties may take Xingda private and subsequently relist Xingda Steel Tyre. Or after 16 years, they are looking for an exit.
486 Views
Xingda (1899:HK) 100% Upside Due to Cyclical Weakness
Xingda Int'L (1899 HK) is one of the largest steel cord manufacturers in China. It is consistently profitable due to its operational efficiency. It...
346 Views
Xingda: FY17 Shows Strongest Topline Growth Since 2010 but Weak Margins Kill the Bottom Line
Xingda Int'l Holdings (1899 HK) reported its full-year 2017 results last month. Xingda has been a real laggard and has been one of my worst...
253 Views