This morning Pacific Internet (PCNTF), a stock we’ve been holding since last February, finally received a new acquisition offer from Asia Netcom, for about $10.15 per share.

Congrats to our subscribers who have held on to Pacific Internet (PCNTF). Today, MediaRing increased their bid for the company to $9.50 per share. As I mentioned in this post about a month ago, I think PCNTF is worth between $10-$12 per share, so this new offer is getting very close to my estimated fair […]

Today Pacific Internet’s (PCNTF) board and management finally released the recommendation of the Independent Directors of PCNTF and the opinion from KPMG Corporate Finance to the Independent Directors, as regards to MediaRing’s offer to purchase Pacific Internet’s shares at $8.25.
If you are a shareholder of Pacific Internet, I encourage you to read the full […]

Investment Summary:I believe that Pacific Internet (Nasdaq: PCNTF), at its current price of about $7.60, represents a low-risk Internet investment, with substantial upside price potential in the next year, as the company capitalizes on new growth opportunities, under the guidance of a new CEO. In addition, with the recent unsolicited buyout offer of PCNTF, the […]