"cash liquidity"

Does anybody know how to sell odd lots in Jupiter? I asked in the Jupiter thread but no reply.

Ask ur remisier to sell for you?


Today lesson: Don't Q for fun >.<

TO ALL FOREIGN INVESTORS - INVEST IN MALAYSIA

NO WAR !

Never mind.. tomolo another day to bleed... looking at all the news around...

Go.. Go.. Go..

Haha... True true...
Mari mari Malaysia...
Cuti-cuti Malaysia...
Labur labur di Malaysia!

check in ...

my 'penny stock' - daya and frontkn announce good/better result. unlucky now is so bearish sure hard to fly to the moon

Since the thread topic suggested, let's replay the scenario back in Feb 2008 to Feb 2011.

If you can't beat 'em, join 'em!

This post has been edited by alexander3133: Feb 22 2011, 08:43 PM

Well said, I feel the same too.



Cheers.

Should be good news for TANCO holders.......could someone here please interpret the below in simple language.



Type: Announcement

Subject: OTHERS

Description: TANCO HOLDINGS BERHAD ("Tanco" or "Company")
SETTLEMENT SCHEME BETWEEN TANCO GROUP OF COMPANIES AND LEHMAN BROTHERS COMMERCIAL CORPORATION ASIA LIMITED (IN LIQUIDATION) FOR A CASH SETTLEMENT SUM OF RM44 MILLION AND THE TRANSFER AND VESTING OF CERTAIN PROPERTIES AT AGREED VALUE OF RM100,637,395 ("SETTLEMENT SCHEME")



Actually TANCO owes Lehman more than $344 million but now it pays only $144 million in cash & land.......is this correct?....that means a savings of about $200 million for TANCO?



Cheers.

Kinda windfall " profit " of rm 200m

39sen per share gain., higher than current share price of 26.5sen ( as per their docs )

Geaing to drop to 0.1X

"7.2 Earnings Per Share, Net Assets Per Share and Gearing

The successful conclusion of the Settlement Scheme will enable the Tanco Parties to substantially settle all its Existing Secured Debts and consequently there will be a positive impact to the net assets per share of the Group as well as a significant reduction in its gearing. This estimated positive impact is as a result of a net exceptional gain of approximately RM131 million before taxation effect, if any, arising mainly from the waiver of the remaining secured debts pursuant to the Settlement Scheme.

The net exceptional gain would result in the Group’s net earnings per share to increase by 39 sen, the net asset per share of the Group increasing from 52 sen to 91 sen and the gearing reduced from 1.83 times to 0.11 times on a proforma basis, based on the 31st December 2009 Audited Financial Statement of the Group"


This post has been edited by SKY 1809: Feb 22 2011, 09:48 PM

This will mean that TANCO shares will shoot up tomorrow.



Cheers.

Limit up just for you.

This is the very best time to buy...............yahooooooooooo


52 Week Low
BASWELL
D&O
EFFICEN
LCTH
TPC
RCECAP
SCOMIEN
HARVEST
ENCORP
COMPUGT
DSCSOL
KSTAR
SYSCORP

This post has been edited by mazda626: Feb 22 2011, 10:19 PM

Dow Jones almost to -1%.... KLCI tomorrow will not look good...

Genting Singapore posted 4th Qtr loss. I think it is due to disposal of Genting UK earlier this year. Overall, profitable year according to the news. Genting Plantation, meanwhile is reporting profit.

http://www.btimes.com.my/Current_News/BTIM...icle/index_html
http://www.btimes.com.my/Current_News/BTIM...icle/index_html

Uncle Dow free fall due to backbone ache -107 degree, now slowly crawling up the stairs, hopefully he reaches his beauty sleep soon at his best conditions

I think the DJ has less effect to Asia market in short term.............

Full-year net income was at S$37.8 million, missing the S$615 million average estimate of 21 analysts surveyed by Bloomberg. -- Bloomberg

Genting will lead Top Losers tomorrow and bring CI down with it, since it's treated as a proxy stock to GenS . imo.

This post has been edited by teehk_tee: Feb 22 2011, 11:09 PM