Most probably will open around 2.3x-2.40. (Taking in account of 5 cents dividend) because you don't trade at 2.40 (ex-dividend price.) Why buy 2.40 if it will be taken private at 2.40 and delisted? which is the main reason.

There is no incentive for people to buy more than 2.40 unless there are people view the privatisation price is too low and want to 'sapu' the stocks then reject the privatisation offer (which is unlikely especially in current market condition).

---

Added on June 7, 2009, 9:53 amMost probably will open around 2.3x-2.40. (Taking in account of 5 cents dividend) because you don't trade at 2.40 (ex-dividend price.) Why buy 2.40 if it will be taken private at 2.40 and delisted? which is the main reason.

There is no incentive for people to buy more than 2.40 unless there are people view the privatisation price is too low and want to 'sapu' the stocks then reject the privatisation offer (which is unlikely especially in current market condition).



This post has been edited by cherroy: Jun 7 2009, 09:53 AM

90% chance.

Sometimes privatisation could fall apart, it is not a 100% must (happened before), if there are some issues in between, like the buyers fails to secure financing, or buyers drop the privatisation intention due to xyz reason. or shareholders of Kurnia rejected the deal.

Also it takes months time to be completed generally range from 2-4 months time.

Keladi? Yam rice? or Yam icre cream?

Joking only.

Shoot up 30 cents (limit up) from 0.08 to 0.38?

High volume with no price movement at all, no good.

Somehow everyday trade pattern is identical, always got 500K buyers on the buy Q. Some sort like tell people to buy the seller Q side.

We can't stop people from believing, as who knows miracle happening. (just like hitting jackpot, we know we can't hit jackpot when going to casino, but still playing on one word, hope)

It take awhile (months) before people finally accept the fact. As some might already stuck, so become long term investors, so no selling, no drop.
After all, this stock is badly hit previously, so it is still considered hovering at low level, even though limit up previously. (It was a RM3-4 stock previously)

No offence, the issue might be true it might be false.
More people believe it could be true so price goes up, that's the basic of supply and demand,

Previously, Iris can stand at 1.00+ for months up to half year or so before plunging just based on purely goreng. Anything can happen in the market. Don't underestimate the power of anchovies or ants when come in herd.
Currently market bulllish tone partly is come of herd of anchovies.

Streamyx outage in my office for the whole afternoon, no access to internet, so don't know the price nor Q'ing.
Now only online only know Tanjong closed at 13.20. If line no problem, already get it liao.

Never mind, tomorrow may be better still

Large volume signal some funds are disposing, it is on a down trend mode.
Me, planning average on every 50 cents drop.

Quick to react on developing countries but slow to react on developed countries. Ain't UK's and US's public finances or fiscal spending deficit is much more worse than Malaysia?

Bonus issue probably, my guess only.

Don't track this counter.

Only track the like KLK, Bkawan, IOI, Utdplant, Chintek.

First time in months, compugt can't manage go to the front page.

For SMI, previously decade back, it was quite well known as well.

You need to take into the account bonus issue, as now more shares.

Also plantation stocks dividend surely will be lowered across compared to previously year (as that time plantation company made record profit due to CPO price as high as 3500-4500, now only 24xx.)

Look at Tanjong. selling big lot coming again.

End of its life.

People buy 100 lots on a Rm1.32 stock, this buy 10 lots at Rm13.20, no different lah.

ya, ya, rambutan lagi red, lagi juicy, yummy yummy. ripe to be eated.

---

Added on June 9, 2009, 4:49 pmPlease do us a favour, buy it.
Joking only

This post has been edited by cherroy: Jun 9 2009, 04:49 PM

No, no, no, tomorrow, jgchoo + shoduken buy rambutan, so close at 10.00

I like what Neo said previously, lin pek sai lang.

Joking nia.

not for individual investors, only instituitional investors will be entertained. One block (or you want to call it as unit) generally in term of millions.

Normally individual investors can access into these bonds area through UT bonds fund.

Making 10% average for the rest of 2009 is considered very good already.

Bare in mind, US's DJ is just about breakeven from Jan 2009 to now. So there is no 30% gain for DJ from Jan to now.

For KLCI, it closed the year of 2008 around 900, so it is up around 20%.

Only if we compared the low in March, market is up 30-50% across major bourses. So we can't say market is up a lot in general, just it bounced up a lot from the low point of March.

Based on morning session closing price.
eg.
1.00 -> 1.30 -> 1.69

A couple of banks has been offering this kind of deal 2- 3 years back.

The deal is similar to DCI (Dual currency investment).