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 STOCK MARKET DISCUSSION V66, PET.CHE In & BJTOTO Out, CI will leap ??

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popcorn513
post Nov 22 2010, 12:27 PM

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QUOTE(othme @ Nov 22 2010, 12:21 PM)
Mine lebih kurang semua ada, not moving, green, red and even no transaction  doh.gif 
Fund managers on holidays liao  yawn.gif
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no transaction sweat.gif
popcorn513
post Nov 22 2010, 02:45 PM

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http://www.theedgemalaysia.com/business-ne...sive-offer.html
Halim related? I not familiar with this guys, just heard the Renong case posted by some forumer
popcorn513
post Nov 22 2010, 03:23 PM

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Damn so many bad news, will IJMLAND and MRCB follow the bad trend?
popcorn513
post Nov 22 2010, 03:42 PM

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QUOTE(yok70 @ Nov 22 2010, 03:36 PM)
ya loh...so many high hope bad outcome M&A lately... sweat.gif
*
I'm worrying/fear now sweat.gif
popcorn513
post Nov 22 2010, 03:53 PM

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QUOTE(GregPG01 @ Nov 22 2010, 03:51 PM)
like panic sell nia .  sweat.gif  sweat.gif  sweat.gif
*
Panic watching KFC QSR KULIM..... sweat.gif
popcorn513
post Nov 22 2010, 04:31 PM

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QUOTE(panasonic88 @ Nov 22 2010, 04:27 PM)
Shareholders have the rights not to sell bo?

Safer side, I think I dump all money into BKAWAN better.  hmm.gif
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I thought only major share holder have the right, retailer portion is too small
popcorn513
post Nov 22 2010, 04:41 PM

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QUOTE(panasonic88 @ Nov 22 2010, 04:39 PM)
yawn.gif Taking a break.

Mai mind cannot think properly liao.

Waiting for the dark clouds to clear off.
*
you are so calm, i sure panic gila
popcorn513
post Nov 22 2010, 04:50 PM

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QUOTE(yok70 @ Nov 22 2010, 04:48 PM)
Cook yourself a maggie mee and switch on the CD player. Relax.  laugh.gif


Added on November 22, 2010, 4:49 pmI pretend I cannot see P&O in my profile.  sweat.gif
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can pretend somemore sweat.gif
I panic will go eat KFC rclxms.gif
popcorn513
post Nov 22 2010, 05:01 PM

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QUOTE(markchan @ Nov 22 2010, 04:58 PM)
ehhh wait wat time trading close?
*
trading time
9-12:30PM
2:30-5PM
popcorn513
post Nov 22 2010, 05:05 PM

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QUOTE(cherroy @ Nov 22 2010, 05:00 PM)
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.
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Ok the question is, if the recent close price of A company is 1.50, and buyer offer the price of 1.50, and majority/big shareholder agree, then those retail shareholder bought the share higher than 1.5 price will be confirm losing money? sweat.gif


Added on November 22, 2010, 5:06 pm
QUOTE(markchan @ Nov 22 2010, 05:01 PM)
alamak!
i forget to buy today...
damn the applet...
damnn java
damnn IE

T_T

was too busy trouble shooting the problem...

nemind another day to eye on kulim!
*
Lucky you not enter, today is not a good day

This post has been edited by popcorn513: Nov 22 2010, 05:06 PM
popcorn513
post Nov 22 2010, 05:15 PM

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QUOTE(Iceman74 @ Nov 22 2010, 05:08 PM)
this is what i dislike, underhand tactic mad.gif
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So does this happend before?
Manupulate price high and trap retail shareholder who bought it and buyer push the price drop before take over..... cry.gif

It seems privatization its not a good sign then, too much uncertainty
popcorn513
post Nov 22 2010, 05:18 PM

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QUOTE(panasonic88 @ Nov 22 2010, 05:12 PM)
Certainly.

The best privatization offer I get was from TANJONG PLC.

IIAM, it closed at RM17++, and it offered to take private at RM20.80 (or so). Sweet memory  wub.gif
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Got such nice buyer shocking.gif
popcorn513
post Nov 22 2010, 05:51 PM

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QUOTE(JamesPond @ Nov 22 2010, 05:35 PM)
RM3 only............
*
Free 15% profit not enough?


Added on November 22, 2010, 5:53 pm
QUOTE(cherroy @ Nov 22 2010, 05:50 PM)
Not actually. It is the other way round.

If major shareholders >50% and not being classified as RPT, small fish cannot do anything at all.
Whether give you a sweet from the deal or being slaughtered from the deal, small fish only can wish.

A piece or entire business that can/will be sold at Rm1 million or RM2 million, it all depended on the major shareholders say on the above example.
So it actually open up "gap" or opportunity to acquire some business at cheaper price as compared to privatisation. 
Asset/liabilities can be not in favour for minority shareholders.

While for total privatisation, you have every say on whether to say your shares in hand or not, and privatisation need higher hurdle as you need at least 75% or 90% before it can trigger the de-listing and privatisation.
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Hmm let see what happen next for MRCB....., cruelness to us the small fish....

This post has been edited by popcorn513: Nov 22 2010, 05:53 PM
popcorn513
post Nov 22 2010, 06:05 PM

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QUOTE(cherroy @ Nov 22 2010, 06:00 PM)
Congrat.
Then you are on course for the next m/billionaire, if the trend continue like this.  thumbup.gif
Every few day gain 15%.  icon_rolleyes.gif
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Hope IJMLAND will be generous enough, but i really doubt so sweat.gif Buy at 52w highest price and make sure all happy....
popcorn513
post Nov 23 2010, 04:10 PM

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QUOTE(zap188 @ Nov 23 2010, 04:05 PM)
Shareholders of MRCB, IJM Land will have to exchange their shares with securities in the new company which will be listed on a later date.

The non-binding offer price for IJM Land and MRCB are RM3.65 and RM2.30 with premiums of 22.9% and 8.5% respectively.  A definitive merger agreement will be signed by Dec 14, 2010.
http://www.theedgemalaysia.com/business-ne...-be-merged.html
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Hi can anyone explain on this? Means those holding MRCB share will be automatically get sold at RM2.30? And Premium 8.5% means what? Do MRCB shareholder get special price to buy the new merge company?

Wa IJMLAND get 22.9% but MRCB only 8.5% unfair ler sweat.gif
popcorn513
post Nov 23 2010, 04:26 PM

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QUOTE(yok70 @ Nov 23 2010, 04:22 PM)
good. now my profile all red with a few white. All green gone.  rclxms.gif
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Hmm i asked my colleague advice and he said better keep the cash first and back to trading only after new year and see how the market go. What your guys advice?
popcorn513
post Nov 23 2010, 04:35 PM

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QUOTE(cherroy @ Nov 23 2010, 04:24 PM)
No.
A new company will be formed and share will be issued/exchanged for IJM and MRCB shares at at the price set.

Just like what had happened on Sime before.
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So it means they will hold my share until merged, and convert to the new share?

So if i got 10 lot of MRCB RM2.30
and new merge company IJCB price is RM4.00
Which means i will have 10*100*2.30/4.00=575 shares after merged....?

Sorry i no experience in merger.
popcorn513
post Nov 23 2010, 04:39 PM

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QUOTE(yok70 @ Nov 23 2010, 04:31 PM)
It's all about your risk profile. If you scare to loss, better wait, since market is high and unstable now. If you excited to play, the game continues each and everyday.  tongue.gif
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Ya i very Kiasu Kiasi one, only want to win tongue.gif
But will continue monitor the the market, its fun to watch the show
popcorn513
post Nov 23 2010, 04:45 PM

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QUOTE(mopster @ Nov 23 2010, 04:38 PM)
awwww sad.gif
South Korean soldier killed in shelling: reports

@popcorn, i think u r correct... btw.. Osaka!!! biggrin.gif
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hehe my Fapping avatar get myself 20% warning thumbup.gif
thats why i go and change to kawaii one, may want to change LYN gender soon notworthy.gif

Today market really rclxub.gif
popcorn513
post Nov 23 2010, 04:54 PM

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QUOTE(markchan @ Nov 23 2010, 04:46 PM)
damn.... kulim sudah merah sangat
i enter too early
*
Hi markchan, i tought you are new to trading as well? I already rugi banyak once start trading... due to panic


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