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[HIAPTEK] What is the fair value?

Any idea?. I want to sell but dont know when.
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Oh my God the last comment was 2007. It is too long already. Guess what ! It is now time to monitor this counter at about RM1.10. They have major projects coming out in East Coast and their plan for rights issues have just been approved by relevant authorities. They are going 1 for 1 with a free warrant for every 4 rights subscribed. NTA damn high at above RM2. I opine they have no time to delay any further and to get the rights attractive the market price for Hiap Teck will have to start moving up. When it rises to a certain fair value, then the rights issue will be diccounted to make it attractive. If I am not mistaken, the new shareholders acquired the major blocks from the previous owner at about RM1.80 per share. It is only right if the shares start to move up to this level again. Happy monitoring from now and do not forget to buy some. I am of course.
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