MOMO'S BREAKOUT BOARD

[dirkv]

VERY HIGH POTENTIAL BUT HIGGGGHHH RISK :

WSHLY.pk: 0,0099 (+80%)

is it time for a new private offer?

http://alphavulture.com/2013/02/21/wsp-holdings-going-private-arbitrage/

If Longhua Piao gives $0.05 a share (previous offer was $ 3.20) it will cost him less than $250.000 and that's peanuts for him.
Shares Outstanding: 20.44M
Float: 4.96M

shareholders:
CEO Longhua Piao holds a (majority) 50.9% of the O/S, or 10.4 million shares.

UMW Holdings maintains a 4.6 million share position in wshly, which is 22.5% of the O/S.

Mr. Longhua Piao is Chairman & Chief Executive Officer at WSP Holdings Ltd., Chief Executive Officer & Director at WSP China, and a Director at Eastar Industries, Inc.
He is on the Board of Directors at WSP China, Expert Master Holdings Ltd., Lianyungang Eastar Photonics Technologies Co., Ltd., Regalia Holdings & Investments Public Ltd., WSP Canada Ltd., Wuxi Huayi Investment Co. Ltd., Wuxi Longhua Steel Pipes Co. Ltd., WSP Pipe LLC, and WS Mining Industry Holding Ltd.

The 400 Richest Chinese
#260 Piao Longhua

Net Worth: $250 million
Age: 50 Company: WSP Holdings
Industry: Manufacturing
City: Wuxi