Kossan is moving strong!

supermax see ya at 7.00 

It should be,
too many sugar in the market, red ants coming out.

---

Added on November 19, 2010, 4:09 pmhttp://www.cnbc.com/id/40264759
First time seeing Ben speaks like that.

MEGB like 1 day show nia. up 1 day, down 5 days. ouch .

i dun understand.. wassup with the people chasing Suncity-WA ? premium 35.50% leh.. and they still chase... up 16c

Jason also always hit on the jackpot. 

Anyone have the idea of how many percentage of FDI in malaysia right now ?

Wanna try to catch falling knife? lol

P&O trading SELL by Alex Yu

P&O has announced on November 12 that it has discontinued its preliminary negotiation to disposal of its equity stake in Pacific & Orient Insurance Bhd (here). Unless there is a fresh suitor or buyer waiting to step in, the premium imputed into this stock will slowly & surely dissipate. From the chart, we can see that the stock has broken below the gap, which is normally a strong support. This support-turned-resistance would be a good level to dispose off your position in this stock. However, I doubt the stock will rebound back to test this level for a while. Meanwhile, we can expect support from the horizontal lines at RM0.85, RM0.75 & possibly RM0.65.

Based on the above, P&O is rated a trading SELL.

Time to abandon the ship?

Dunno why all the heavyweight Plantation cannot move    Bstead suddenly become a laggard stocks already   
My plantation counters all need     

 

I thought only major share holder have the right, retailer portion is too small

Yes, if taking asset & liabilities acquisition, more than majority vote aka >50%, done deal.

The company asset and liabilities aka entire business being sold off, and become a shelf company.

If privatise the company, then the hurdle is much higher and difficult.

SC has proposed amendment on asset & liabilities route, so that minor shareholders benefit can be protected, which is scheduled by next year, if not mistaken.
So if want to do, must before the amendment.

Asset & liabilities route can be a cheaper way to acquire a business/company instead of privatisation the entire company, aka you only need to get agreement from the major shareholders, as long as the major shareholders >50% stake.

Asset/liabilities -
A company is doing xyz business.
xyz business being sold off entirely, all asset & liabilities gone together to the buyer.
A company has no business become "shelf" company.
Minority still owning A company share. Nothing change, until A company decided to refund/repay the capital to shareholders across.

Privatisation
Buyer buy the A company shares, and own the A company. Minority shareholders get the cash for selling the shares.