Webb-site Reports
News, analysis and opinions since 1998


Search organisations
Search people
Search the site
Get our free newsletter!

PEREGRINE INVESTMENTS HOLDINGS LIMITED




Imagi bubble
We issue a bubble warning on Imagi (0585), up 616% in 4 days on turnover of 185% of the company. The confusing timetable, with a 10:1 consolidation yet to come, has likely contributed to more chaos than we have seen since Asian Citrus. The market price implies a valuation of 33.2 times book value, or a premium of HK$17.3bn (US$2.23bn). We think a discount would be more appropriate, for the characters involved. (14-Apr-2010)
Official Receiver v Andre Sujkin Lee
HK Court of First Instance, 4-Mar-2009
Re Peregrine Investment Holdings Ltd
HK Court of First Instance, 18-Mar-2008
Blackout on Receivables
If you saw the lights dim recently, it was because the Stock Exchange scrapped a requirement for listed companies to disclose large accounts receivable, which could have warned investors about impending disaster. Dressed up as a "minor and housekeeping" rule amendment without consultation, the change is illustrative of the urgent need to increase investor representation on the Listing Committee, to produce pro-investor policy reform. And that's where HK needs your help. (24-Mar-2006)
Publication of the Peregrine Report
HK Government, 26-Mar-2001
The Peregrine Report to the Financial Secretary by Inspector Richard Farrant
12-Feb-2000
Note: the report was not published until 26-Mar-01.
Cancellation of Listing
SEHK, 12-Jul-1999
Financial Secretary v Company
HK Court of First Instance, 22-Apr-1999
Peregrine Investments Holdings Ltd v The Associated Press
HK Court of First Instance, 9-Jul-1997

Sign up for our free newsletter

Recommend Webb-site.com to a friend

Important notice: All material on this site, except where otherwise accredited, is copyright to Webb-site.com. Media and researchers are welcome to quote from articles on this site, provided that such quotation is attributed to Webb-site.com. The information in this site should not be relied upon by any person in making any investment decision. No responsibility or liability is accepted by Webb-site.com or any person related to it for any loss arising from or in reliance upon the whole or any part of the contents of this site. Persons who are in any doubt about an investment or potential investment should take professional investment advice. From time to time parties associated with Webb-site.com may own long or short positions in securities issued by or related to companies or governments on which we comment.

Back to top