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Boustead Holding Bhd, Undervalued Stock
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xander2k8
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Mar 2 2023, 07:09 PM
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QUOTE(nexona88 @ Mar 2 2023, 07:06 PM) what I mean is the differences between before suspension & takeover price... got some meat there if u managed to enter lorh... after this kinda hard... sure shoot up one  Suspension price enter is easy but takeover price no will buy the right mind to buy it π€¦ββοΈ They got key man risk plus he is the holding bag while begging another Tongkat to takeover π€¦ββοΈ
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nexona88
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Mar 2 2023, 07:11 PM
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QUOTE(xander2k8 @ Mar 2 2023, 07:09 PM) Suspension price enter is easy but takeover price no will buy the right mind to buy it π€¦ββοΈ They got key man risk plus he is the holding bag while begging another Tongkat to takeover π€¦ββοΈ let's see how later... if anyone accepts it or reject tongkat is ours culture... don't be shy kitty
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xander2k8
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Mar 2 2023, 07:13 PM
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QUOTE(nexona88 @ Mar 2 2023, 07:11 PM) let's see how later... if anyone accepts it or reject tongkat is ours culture... don't be shy kitty  Your better hope EPF is not taking over π€¦ββοΈ Likely KWAP or PNB but PNB will be less because of their loss holdings at the moment hence cash crunch for them
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nexona88
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Mar 2 2023, 07:40 PM
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QUOTE(xander2k8 @ Mar 2 2023, 07:13 PM) Your better hope EPF is not taking over π€¦ββοΈ Likely KWAP or PNB but PNB will be less because of their loss holdings at the moment hence cash crunch for them Endless Possibilities ππ€£ But seriously... Those gomen funds likely to help too
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sjteh
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Mar 2 2023, 08:27 PM
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Getting Started

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Icap must feel pain now
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nexona88
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Mar 2 2023, 08:30 PM
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QUOTE(sjteh @ Mar 2 2023, 08:27 PM) Don't understand? Care to explain π
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sjteh
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Mar 2 2023, 09:03 PM
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Getting Started

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QUOTE(nexona88 @ Mar 2 2023, 08:30 PM) Don't understand? Care to explain π Cos every year the icap agm sure hv boustead Co put up booth & ceo give talk to audience. Must hv quite heavy of boustead share in portfolio
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xander2k8
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Mar 2 2023, 09:12 PM
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QUOTE(nexona88 @ Mar 2 2023, 08:30 PM) Don't understand? Care to explain π ICap company iinm by Tan Teng Boo QUOTE(sjteh @ Mar 2 2023, 09:03 PM) Cos every year the icap agm sure hv boustead Co put up booth & ceo give talk to audience. Must hv quite heavy of boustead share in portfolio Tan Teng Boo wait for his speech
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nexona88
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Mar 2 2023, 09:49 PM
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QUOTE(sjteh @ Mar 2 2023, 09:03 PM) Cos every year the icap agm sure hv boustead Co put up booth & ceo give talk to audience. Must hv quite heavy of boustead share in portfolio Oooh... Like that huh... Probably yes... Simply cannot have booth in company AGM π
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xander2k8
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Mar 3 2023, 10:54 AM
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QUOTE(nexona88 @ Mar 2 2023, 09:49 PM) Oooh... Like that huh... Probably yes... Simply cannot have booth in company AGM π No law against it anyway π€¦ββοΈ
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nexona88
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Mar 3 2023, 02:57 PM
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btw Boustead shares surge over 30% to 85.5 sen & its matching LTAT takeover offer price
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Cubalagi
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Mar 3 2023, 03:06 PM
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QUOTE(nexona88 @ Mar 3 2023, 02:57 PM) btw Boustead shares surge over 30% to 85.5 sen & its matching LTAT takeover offer price  Unfortunately didnt have insider info to take advantage π
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nexona88
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Mar 3 2023, 03:11 PM
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QUOTE(Cubalagi @ Mar 3 2023, 03:06 PM) Unfortunately didnt have insider info to take advantage π some probably bought morning session before suspension meanwhile many of us missed the boat seriously... didn't expect them to do this, so fast...
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Cubalagi
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Mar 3 2023, 04:06 PM
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QUOTE(nexona88 @ Mar 3 2023, 03:11 PM) some probably bought morning session before suspensionΒ meanwhile many of us missed the boatΒ seriously... didn't expect them to do this, so fast... There was always the possibility, but there were a lot of doubts LTAT would be willing to pump in so much money (RM700m at TO price currently). Coz ltat has its own problems. I guess they must have have some guarantee backing from govt. This post has been edited by Cubalagi: Mar 3 2023, 04:07 PM
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nexona88
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Mar 3 2023, 04:13 PM
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QUOTE(Cubalagi @ Mar 3 2023, 04:06 PM) There was always the possibility, but there were a lot of doubts LTAT would be willing to pump in so much money (RM700m at TO price currently). Coz ltat has its own problems. I guess they must have have some guarantee backing from govt. yes. there's sure some kind of backing... the amount is not small... and LTAT we all know also have some financial issues... that's why the dividend is low recently....
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xander2k8
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Mar 3 2023, 05:16 PM
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QUOTE(nexona88 @ Mar 3 2023, 02:57 PM) btw Boustead shares surge over 30% to 85.5 sen & its matching LTAT takeover offer price  Retailers punting on that news π€¦ββοΈ Wait for them to get burn as highly unlikely the govt will fork out 700million and most likely it will be a small portion on it for them to pay off the interest on it
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nexona88
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Mar 3 2023, 05:25 PM
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QUOTE(xander2k8 @ Mar 3 2023, 05:16 PM) Retailers punting on that news π€¦ββοΈ Wait for them to get burn as highly unlikely the govt will fork out 700million and most likely it will be a small portion on it for them to pay off the interest on it Need more information on funding But LTAT sure won't dare to buyout if not backing....
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xander2k8
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Mar 3 2023, 05:42 PM
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QUOTE(nexona88 @ Mar 3 2023, 05:25 PM) Need more information on funding But LTAT sure won't dare to buyout if not backing.... LTAT not buying out π€¦ββοΈ they are selling out and privatise They did it because the banks is not willing to loan them any working capital unless they dispose Bouestad units They need the money because LTAT is embarking for property development now which is capital intensive
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nexona88
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Mar 3 2023, 05:54 PM
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QUOTE(xander2k8 @ Mar 3 2023, 05:42 PM) LTAT not buying out π€¦ββοΈ they are selling out and privatise They did it because the banks is not willing to loan them any working capital unless they dispose Bouestad units They need the money because LTAT is embarking for property development now which is capital intensive don't confused me.. they already hold 59.4%... So now offer to buy the balance 40.58% stake.. Expected to fork out a total of RM703.2 million at 85.5 sen per share....
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xander2k8
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Mar 3 2023, 06:23 PM
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QUOTE(nexona88 @ Mar 3 2023, 05:54 PM) don't confused me.. they already hold 59.4%... So now offer to buy the balance 40.58% stake.. Expected to fork out a total of RM703.2 million at 85.5 sen per share.... Ahmad Nazim, 47, is also the chief executive officer of LTAT, which owns 59.4% of Boustead. You confused yourself because the CEO is holding 59.4% while LTAT is only having 40.58% waiting to dispose π€¦ββοΈ
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