I thought usually take over are calculated base on NAV?

If
1.5x NAV will be 3.72
2.0x NAV will be 4.96

Today last price was 5.76 which will be 2.3x

ARTICLE ENTITLED:MRCB , IJM Land shares rise after merger talk)
Refer to the article which appeared in the Business Times on 19 November 2010.
MRCB is currently considering various corporate proposals. Further announcement
will be made in due course.

No terms for the proposed deal were unveiled but one analyst, who declined to be named due to company policy, said the deal could be done at around 5.60 ringgit ($1.80) per share, representing a 2.8 percent discount to the last traded price of the company

successful sale of QSR will automatically trigger a general offer for the KFC Holdings, the jewel in QSR's stable of companies

Halim Saad is the former executive chairman of the Malaysian Renong Group, a high-flying Malaysian conglomerate, which was bailed out by the government in the 1997-98 Asian financial crisis

What I'm worry most is they wanna privatised at low low price...then really become ayam goreng sampai hangus already     

Ayam goreng become ayam pangang 

Respect Tun M but our pocket are empty, his stomach are full. He may say anything bcoz he got $$$ (duit pencen keja gomen...) but ppl like us ?! If my son running Kencana & SIC then i oso say the same thing.

We believe liquidity will be the key driver for the Malaysian stock market in 2011: commodity prices have risen significantly YTD, the economy continues to be robust and interest rates remain low,
while the MYR is expected to strengthen further.
● In addition, Najib will need to pump prime the economy to win the next general elections. Warming Singapore-Malaysia ties should encourage cross-border investments from Singapore.
● Despite recording five consecutive months of foreign net buying, foreign shareholding in Malaysia has only inched up to 21.8%, from a recent low of 20.3% and is still below April 2007’s 27.5%.
● The current forward P/B for the Malaysian market is 2.3x, which is 9% from the recent high of 2.5x in December 2007. This suggests an index target of 1,630. The current forward P/E for the
Malaysian market is 15.6x, versus the recent peak of 20.5x in December 2007. This suggests 31% potential upside.

● Top picks: CIMB, Genting, Gamuda, Public Bank, IJM, Air Asia, UEM Land, Axiata, IJM Land and Tenaga.

source : Credit Suisse, 18th November 2010

I don't buy the idea of fund managers on holidays.

If DJ plunge 1000 points overnight, all holidays cancel... 

There may be some fund managers are on holiday but it doesn't mean the fund money is left idle.
Just like bank manager can go on holiday, but the bank operation still going on.

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

QSR Brands Bhd - BUY, Target Price: RM6.88

& not truly pay as u use also
min RM30/month

Not rlly. Customers ain't satisfy with their services. If I'm x mistaken, customers facing log on issue yday and yes CS isn't available. However, the issue was resolved at the end albeit it takes long. Thus, ppl start to lose confidence with it service.

QSR looking nice, look like nobody selling
but KFC

Woooo the chickens are angry!

Sold QSR & took profits on the chicken.

Keeping KULIM.

Kinda directionless now.

Greg oh Greg

Buying more KULIM?

I have a super low TP that not sure reachable or not, maybe tomorrow or day after. TP: 12.40

Shareholders have the rights not to sell bo?

Safer side, I think I dump all money into BKAWAN better. 

ehhh wait wat time trading close?

Does privatization necessarily de-listed the company from bursa? 

Argh I dun care, I wanna have the best grilled chicken steak for dinner later! 

Give me a glass of white champage too.

Calling Moppy!

Do you want to top up more PARAMON?

Looking forward for Special Divvy by CNY