Monday 1st June 2009
Dear Reader,
Byford bubble
Investors should beware of a bubble in Byford (8272), which boasts two celebrity
shareholders - New World Development's Cheng Yu Tung and Angela Leong, a wife of
casino tycoon Stanley Ho. Both apparently paid 186x net asset value for the
shares. (1-Jun-2009)
Comment: RBI
Holdings open offer
Independent shareholders should vote against the open offer at the SGM on
Thursday 4-Jun-09, and protect themsleves from 400% dilution. (29-May-2009)
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