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 Stock Market V49, MARKET REBORN LIKE A TIGER ROAR !!!

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mopster
post Feb 4 2010, 09:04 PM

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QUOTE(AdamG1981 @ Feb 4 2010, 08:57 PM)
Will Trichet save Greece, Spain, Portugal, Ireland, Italy?
To be determined at 9:30 pm... biggrin.gif
*
if ECB bails them, i suppose EURO will fall right ? hehehe maybe can buy some Euro liao...
GregPG01
post Feb 4 2010, 09:04 PM

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Somehow I feel taking private KNM at 0.90 is cheap. Sigh.
David_Brent
post Feb 4 2010, 09:05 PM

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QUOTE(AdamG1981 @ Feb 4 2010, 08:57 PM)
Will Trichet save Greece, Spain, Portugal, Ireland, Italy?
To be determined at 9:30 pm... biggrin.gif
*
No choice has he?
rolleyes.gif
chyaw
post Feb 4 2010, 09:08 PM

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nod.gif So sad... sad.gif
Need to crack my head on O&G...


QUOTE(GregPG01 @ Feb 4 2010, 09:04 PM)
Somehow I feel taking private KNM at 0.90 is cheap. Sigh.
*
Zack Styler
post Feb 4 2010, 09:08 PM

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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.

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 ? laugh.gif

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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So when will it stop trading? hmm.gif
nizaas
post Feb 4 2010, 09:09 PM

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hi.. im noobie here.. been following this thread for quite some time now (frm v48).. nice news/tips.. sila beri tunjuk ajar!!
David_Brent
post Feb 4 2010, 09:10 PM

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QUOTE(GregPG01 @ Feb 4 2010, 09:04 PM)
Somehow I feel taking private KNM at 0.90 is cheap. Sigh.
*
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...... tongue.gif

<can we have 1.10 a share, please????> drool.gif

laugh.gif

RM1.25 would be good also...... brows.gif

This post has been edited by David_Brent: Feb 4 2010, 09:11 PM
nizaas
post Feb 4 2010, 09:11 PM

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QUOTE(AdamG1981 @ Feb 4 2010, 08:45 PM)
ETI TECH.
*
heard about it too... thumbup.gif
jasonkwk
post Feb 4 2010, 09:13 PM

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why good company get delisted, but bad company keeping join in Bursa.
Mikiyo
post Feb 4 2010, 09:13 PM

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QUOTE(AdamG1981 @ Feb 4 2010, 08:45 PM)
ETI TECH.
*
ETI TECH? cry.gif i hate this share! im holding 75 lots of it! but its not moving at all shakehead.gif
chyaw
post Feb 4 2010, 09:17 PM

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simple, if you got a golden goose, will you share with others?
Maxis was asked to list. doh.gif laugh.gif
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)
why good company get delisted, but bad company keeping join in Bursa.
*
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. brows.gif
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)
ETI TECH?  cry.gif  i hate this share! im holding 75 lots of it! but its not moving at all  shakehead.gif
*
This post has been edited by chyaw: Feb 4 2010, 09:22 PM
jasonkwk
post Feb 4 2010, 09:24 PM

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QUOTE(chyaw @ Feb 4 2010, 09:17 PM)
simple, if you got a golden goose, will you share with others?
Maxis was asked to list. doh.gif laugh.gif
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.
*
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 sad.gif
AdamG1981
post Feb 4 2010, 09:24 PM

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QUOTE(chyaw @ Feb 4 2010, 06:17 AM)
simple, if you got a golden goose, will you share with others?
Maxis was asked to list. doh.gif laugh.gif
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. brows.gif
Adam Tai Kor! Mind to share what you know about this counter? Or mainly based on TA analysis?
*
Look at the daily chart, touching the descending TL, and weekly candles forming a rounded bottom, saucer. Good to buy and hold.

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
David_Brent
post Feb 4 2010, 09:25 PM

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QUOTE(chyaw @ Feb 4 2010, 09:17 PM)
simple, if you got a golden goose, will you share with others?
Maxis was asked to list. doh.gif laugh.gif
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. brows.gif
Adam Tai Kor! Mind to share what you know about this counter? Or mainly based on TA analysis?
*
A touching faith in how much notice of their shareholders is taken by dilectors of Malaysian public companies.... laugh.gif

Maybe he wants to go ahead with the Chad deal - which most shareholders will have disapproved of - I think. hmm.gif
AdamG1981
post Feb 4 2010, 09:33 PM

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BNM raising rate??

I dont think so...................!!!!!!!!

BREAKING NEWS!

U.S. jobless claims highest since mid-Dec
David_Brent
post Feb 4 2010, 09:35 PM

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QUOTE(AdamG1981 @ Feb 4 2010, 09:33 PM)
BNM raising rate??

I dont think so...................!!!!!!!!

BREAKING NEWS!

U.S. jobless claims highest since mid-Dec
*
Expected after all the temporary labour gets laid-off after Thanksgiving to New Year.
Happens every year.... whistling.gif
sharesa
post Feb 4 2010, 09:36 PM

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QUOTE(AdamG1981 @ Feb 4 2010, 09:33 PM)
BNM raising rate??

I dont think so...................!!!!!!!!

BREAKING NEWS!

U.S. jobless claims highest since mid-Dec
*
tonight DJ gone case , as well as KLSE sweat.gif doh.gif
Hamilton
post Feb 4 2010, 09:38 PM

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What if the KNM proposal didn't get through?
VyvernS
post Feb 4 2010, 09:40 PM

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QUOTE(sharesa @ Feb 4 2010, 09:36 PM)
tonight DJ gone case , as well as KLSE sweat.gif  doh.gif
*
Ya...down the drain....down another 2%?
Hmmm...then tomoro can pick up some counters more in KLSE... brows.gif
zamans98
post Feb 4 2010, 09:42 PM

oquıɐɹ ǝɥ ɹǝo 'ǝɹǝɥǝɯos
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so very reddish the DOG JONES. We will revisit 10,100 pretty soon or nearing 10,000 tomolo.
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