- LTKM is an interesting case – it got a takeover offer at RM1.35/share (which represents ~20+% increase over last price)
- It has been on a downtrend since March 2015. If you have been holding this since then, you will be making a loss. Unless you enter after 2018
- Can you see from the chart that something is brewing? Yes, but not possible to know what it is
- The only clue is the furious buyback by insiders since 1 March 2018 until end of last month
- This kind of privatization is quite rare, so if you see similar set up then you should get your radar on. (the last privatization that i got on was Epic – sometimes this is pure luck)
- The best source is insider news
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