Readers please
note that the ACC will have a special meeting on 5 Dec. They'll be looking
at tenders/bookbuilds or whatever offers have come in sofar.
I already have mentioned 2 target prices: $5.88 after the effects of
the sale process have gone and $6.25 by June/July assuming there are no
negative events. To obtain the latter, the first needs to be settled
quickly (one needs some lead time till June/July) next year.
There can be-note "can be"- a potential 15-20% profit till June/July
for those Investors picking up shares in the disposal of the ACC stake
assuming there are not very large buyers.
Hence, shrewd investors may have already put money aside for this major
event.
Gerry
Holds AIA. Disclaimer: Outcomes may be different than
projected. Readers will buy, hold or sell AIA at their own
risk.
See IRG research reports
