Acquisition Deadline of 11月5日 Will Not Be Extended
台灣大哥大's public acquisition of 精誠資訊 has entered its final stage, with the acquisition period ending on 11月5日. 台灣大 General Manager 林之晨 said in a media interview on 27日 that the deadline will not be extended further, progress is currently on track, and he has very high confidence and full assurance in surpassing the minimum acquisition threshold. However, he did not disclose the current number of shares tendered or the specific acquisition ratio in the interview, with actual results to be announced after the deadline expires.
On Tender Willingness and Share Price Reaction
When asked by media whether the rise in 精誠's share price after Fair Trade Commission approval would reduce shareholders' willingness to tender. 林之晨 said that with approval granted, related risks have been removed, and the share price moving toward the acquisition price is a normal market reaction. He explained with reference to general public acquisition situations that if the acquisition ultimately fails, the share price may pull back, and shareholders will assess on their own whether to tender or trade in the market.
林之晨 further said that if investors believe the acquisition will not succeed, the best strategy is to sell and buy back after the share price falls; if they believe the acquisition will succeed, they should participate in the tender. He used this to explain his confidence in the acquisition threshold. This was his assessment of market and investor behavior, not tender data disclosed by 台灣大, nor does it mean the acquisition outcome has been finalized.
Telecom Stocks Offer Both Defense and Growth
Speaking on recent valuations of telecom stocks, 林之晨 said that on one hand the market has noted AI development requires computing power and networks, which telecom operators may also benefit from; on the other hand, manufacturers have recently corrected while telecom stocks have shown relatively resilient performance. He described telecom stocks as combining defensive and growth themes, with gains of about 20% to 30% over the past year, showing offensive strength within a defensive position.
Profit Growth to Support Share Price Performance
林之晨 believes 台灣大's share price still has room to further reflect profit performance. He said 台灣大's profit year-on-year growth rate this year is the highest among the telecom's big three; excluding 中華電信's one-time real estate gains in recent months, 台灣大's profit lead would be even larger. Based on profit growth and P/E ratio factors, he believes it is only a matter of time before 台灣大's share price surpasses that of 中華電信.
However, 林之晨 did not provide a share price target or specific timeline in the interview, nor did he provide the full calculation method for the profit comparison between the two companies. Related profit growth and one-time gain 數字 must still be verified against the latest financial reports and announced disclosures of both companies; whether the share price will surpass depends on market valuation and subsequent operating performance. 台灣大's public acquisition will close on 11月5日, with actual results to be announced after expiry.