Just like to know is it wise to buy Tahan Insurance's parent company IDAMAN 1112 (Main Board)'s share at RM0.08 now?
I know the price isn't the lowest in this period but since that Tahan Insurance just being taken over by BNM.
So will the situation get better and the share price will go up?

This post has been edited by sjz: May 23 2009, 11:46 PM

The reason BNM taking over Tahan Insurance isn't because their debt but their lack of revenue.
But what i am sure is that once BNM taking over the business, the company's condition sure become better again, BNM sure won't let a company close down once they taking over right?
few months ago there got 1 Indian company wanted to buy Tahan Insurance but don't know why didn't made it.

but as well as BNM is behind this company, so it will survive la?
because currently the share price just RM0.08 is because a lot of ppl dumping their share as they are having financial problem before and just clear all debts this few months but still don't have enough capital

haha..Monday morning i will buy it if the price is reasonable.
but as kb2005 says, scare ppl will goreng this share at Monday morning.
esp. those gorenging syndicate is insane, 1 can can buy as high as 400000 unit or 40000000 shares.

just suspended from 3.40pm to 5pm on Friday only..

i think i will buy at Rm0.06 too.

didn't get it..
tomorrow will Q again..
but i will put some part towards SKPRES, i heard they have million ringgit worth of project being tendered and has been shortlisted

but very dangerous.
because tomorrow is the last day of trading.
i guess the session after lunch break, even 0.005 also nobody dare to touch.
will look for a show tomorrow.
same thing happens to TA-WB too, closing next monday.
Q for 0.005 for few days but no luck, but today is the last day i Q, risk really too high.

after being suspended, you don't know when will it be listed again.
it may takes 1 year, 10 years or forever