QUOTE(AdamG1981 @ Feb 4 2010, 08:57 PM)
if ECB bails them, i suppose EURO will fall right ? hehehe maybe can buy some Euro liao...Stock Market V49, MARKET REBORN LIKE A TIGER ROAR !!!
Stock Market V49, MARKET REBORN LIKE A TIGER ROAR !!!
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Feb 4 2010, 09:04 PM
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7,960 posts Joined: Dec 2007 From: Kuala Lumpur |
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Feb 4 2010, 09:04 PM
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4,966 posts Joined: Nov 2008 |
Somehow I feel taking private KNM at 0.90 is cheap. Sigh.
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Feb 4 2010, 09:05 PM
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3,423 posts Joined: May 2009 From: My Private Yacht |
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Feb 4 2010, 09:08 PM
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7,176 posts Joined: Dec 2006 From: Kuching |
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Feb 4 2010, 09:08 PM
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1,282 posts Joined: Feb 2006 From: ¯\(º_o)/¯ ¯\(º_o)/¯ |
QUOTE(mopster @ Feb 4 2010, 07:23 PM) KUALA LUMPUR (Dow Jones)--KNM Group Bhd. (7164.KU) said Thursday that it has received a buyout offer of 90 sen a share from a company controlled by its managing director and founding shareholder, Lee Swee Eng. So when will it stop trading? The offer is at a 20% premium to KNM shares' closing price of 75 sen. The maker of process equipment for the oil and gas industry said in a stock exchange filing that BlueFire Capital Group Ltd., an entity controlled by Lee, plans to acquire KNM's entire business and undertakings. KNM said the proposal is subject to "satisfactory completion of due diligence, receipt of firm financing commitments, and negotiation and execution of definitive documentation." BlueFire has been granted a limited exclusivity period up to March 22 to complete its due diligence and satisfy the other conditions, the company said. BlueFire is acting in collaboration with GS Capital Partners VI Fund L.P and Mettiz Capital Ltd. and the international adviser on the deal is Goldman Sachs (Singapore) Pte., KNM said -------------------------------------- OMGOMGOMG~~ KNM BIG news !!!!!~~~ tomorrow KNM will hit 0.90 in no time!!!!!! KNM's CNY ang pow ? Congrats to anyone who bought KNM Below 0.90!!!!! anyone bought today will auto untung 15cents... wahhhhh No chance to goreng already... will probably open 0.895 cents tomorrow morning... |
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Feb 4 2010, 09:09 PM
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52 posts Joined: Oct 2009 |
hi.. im noobie here.. been following this thread for quite some time now (frm v48).. nice news/tips.. sila beri tunjuk ajar!!
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Feb 4 2010, 09:10 PM
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Senior Member
3,423 posts Joined: May 2009 From: My Private Yacht |
QUOTE(GregPG01 @ Feb 4 2010, 09:04 PM) I agree.On reflection, this derisory offer from "Bidco" is an insult to the company's shareholders. It grossly undervalues the fundamentals of a great company and clearly fails to offer full value to those loyal stake-holders who have devoted so much to the growth and success of KNM...... <can we have 1.10 a share, please????> RM1.25 would be good also...... This post has been edited by David_Brent: Feb 4 2010, 09:11 PM |
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Feb 4 2010, 09:11 PM
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52 posts Joined: Oct 2009 |
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Feb 4 2010, 09:13 PM
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All Stars
10,596 posts Joined: Jan 2003 From: Hinamizawa |
why good company get delisted, but bad company keeping join in Bursa.
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Feb 4 2010, 09:13 PM
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1,385 posts Joined: Mar 2008 |
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Feb 4 2010, 09:17 PM
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7,176 posts Joined: Dec 2006 From: Kuching |
simple, if you got a golden goose, will you share with others?
Maxis was asked to list. Taking a company private enable the owner do whatever he wants without the need of approval from public shareholder. Like Sarawak Energy... Now, the owner can do many "things" without the need to get approval from public. QUOTE(jasonkwk @ Feb 4 2010, 09:13 PM) Added on February 4, 2010, 9:22 pmI'm not sure why Adam Tai kor keep talk about this counter... Maybe he got insider news. Adam Tai Kor! Mind to share what you know about this counter? Or mainly based on TA analysis? QUOTE(Mikiyo @ Feb 4 2010, 09:13 PM) This post has been edited by chyaw: Feb 4 2010, 09:22 PM |
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Feb 4 2010, 09:24 PM
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All Stars
10,596 posts Joined: Jan 2003 From: Hinamizawa |
QUOTE(chyaw @ Feb 4 2010, 09:17 PM) simple, if you got a golden goose, will you share with others? yeah, you are right, from minority shareholder POV, when you want to raise money for expansion, we give you money during IPO.Now the company expand and grow big and you don't need us anymore, felt like getting back stabbed, this is real life Maxis was asked to list. Taking a company private enable the owner do whatever he wants without the need of approval from public shareholder. Like Sarawak Energy... Now, the owner can do many "things" without the need to get approval from public. |
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Feb 4 2010, 09:24 PM
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Senior Member
4,030 posts Joined: Apr 2008 |
QUOTE(chyaw @ Feb 4 2010, 06:17 AM) simple, if you got a golden goose, will you share with others? Look at the daily chart, touching the descending TL, and weekly candles forming a rounded bottom, saucer. Good to buy and hold.Maxis was asked to list. Taking a company private enable the owner do whatever he wants without the need of approval from public shareholder. Like Sarawak Energy... Now, the owner can do many "things" without the need to get approval from public. Added on February 4, 2010, 9:22 pmI'm not sure why Adam Tai kor keep talk about this counter... Maybe he got insider news. Adam Tai Kor! Mind to share what you know about this counter? Or mainly based on TA analysis? Purely TA only... Added on February 4, 2010, 9:25 pmUpcoming events tonight ECB Trichet @ 9.30 pm US Jobless claims @ 9:30 pm US Factory orders @ 11 pm This post has been edited by AdamG1981: Feb 4 2010, 09:25 PM |
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Feb 4 2010, 09:25 PM
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Senior Member
3,423 posts Joined: May 2009 From: My Private Yacht |
QUOTE(chyaw @ Feb 4 2010, 09:17 PM) simple, if you got a golden goose, will you share with others? A touching faith in how much notice of their shareholders is taken by dilectors of Malaysian public companies.... Maxis was asked to list. Taking a company private enable the owner do whatever he wants without the need of approval from public shareholder. Like Sarawak Energy... Now, the owner can do many "things" without the need to get approval from public. Added on February 4, 2010, 9:22 pmI'm not sure why Adam Tai kor keep talk about this counter... Maybe he got insider news. Adam Tai Kor! Mind to share what you know about this counter? Or mainly based on TA analysis? Maybe he wants to go ahead with the Chad deal - which most shareholders will have disapproved of - I think. |
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Feb 4 2010, 09:33 PM
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Senior Member
4,030 posts Joined: Apr 2008 |
BNM raising rate??
I dont think so...................!!!!!!!! BREAKING NEWS! U.S. jobless claims highest since mid-Dec |
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Feb 4 2010, 09:35 PM
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Senior Member
3,423 posts Joined: May 2009 From: My Private Yacht |
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Feb 4 2010, 09:36 PM
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5,587 posts Joined: May 2007 From: KL |
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Feb 4 2010, 09:38 PM
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158 posts Joined: Jun 2007 |
What if the KNM proposal didn't get through?
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Feb 4 2010, 09:40 PM
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Senior Member
1,954 posts Joined: May 2008 From: Penang |
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Feb 4 2010, 09:42 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL |
so very reddish the DOG JONES. We will revisit 10,100 pretty soon or nearing 10,000 tomolo.
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