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Published On: Dec 21, 2006 05:40 PM
Total entries in this category:
Published On: Dec 21, 2006 05:40 PM
Stock Options...
This is a very rare practice in Singapore to give
out stock options to the employees. Unless they are exceptionally good workers,
most singaporean companies do not have this practice, even if it will not be
among the Execs.
However, today I was presented with some Stock Options of the Company, I wonder if this is good or bad. Good Means, I have some shares in the company now. Bad means, It is basically worthless papers unless we are listed.
Since we are not far from it with the current outlook of the Vista Project, I guess, it might be good news. The bad is, I can only fully cash out all the options after Oct 18, 2008. If we IPO or get transfered to a holding company, then the options might be diluted.
What does this means, it means, if I hang on in here, chances are if the company gets IPO/listed, I have a good sum of money, enough to pay off a car and housing loans, if not, I am stuck with a few pieces of worthless papers.
It also means, I have to cheong hard in order to see the company get listed, not just myself but everyone in the team, from top management down. However, my hesitation to stay is also due to the fact that I do not like or agree with the way the management runs things, or interferes into things. Yet, today, they took the entire engineering team out for a good lunch to "pat" us on the back for delivering the 1st of the many packages for the pre-installation bundling with Vista. If that model gets successful, we might see a spike increase in users, meaning more revenues for the partner companies, which in return, might get us listed......
Sighsy....I have mixed feelings now.....
I dunno why, but I am feeling confused and lost......?
Anyway, I almost freaked out when I almost could not do online check in for the flights tmw. It turned out, in my hurry, I keyed in the wrong flight and all is rectified. I am checked in already. Now is to relax, and do the last checks....till then......HK here I come.
However, today I was presented with some Stock Options of the Company, I wonder if this is good or bad. Good Means, I have some shares in the company now. Bad means, It is basically worthless papers unless we are listed.
Since we are not far from it with the current outlook of the Vista Project, I guess, it might be good news. The bad is, I can only fully cash out all the options after Oct 18, 2008. If we IPO or get transfered to a holding company, then the options might be diluted.
What does this means, it means, if I hang on in here, chances are if the company gets IPO/listed, I have a good sum of money, enough to pay off a car and housing loans, if not, I am stuck with a few pieces of worthless papers.
It also means, I have to cheong hard in order to see the company get listed, not just myself but everyone in the team, from top management down. However, my hesitation to stay is also due to the fact that I do not like or agree with the way the management runs things, or interferes into things. Yet, today, they took the entire engineering team out for a good lunch to "pat" us on the back for delivering the 1st of the many packages for the pre-installation bundling with Vista. If that model gets successful, we might see a spike increase in users, meaning more revenues for the partner companies, which in return, might get us listed......
Sighsy....I have mixed feelings now.....
I dunno why, but I am feeling confused and lost......?
Anyway, I almost freaked out when I almost could not do online check in for the flights tmw. It turned out, in my hurry, I keyed in the wrong flight and all is rectified. I am checked in already. Now is to relax, and do the last checks....till then......HK here I come.
Posted: Wednesday - October 18, 2006 at 12:45 AM | | | getCategoryName("0E3BF671-68C8-4F15-A271-BD5B2CCA2FCB"); " rel="Tag">Related