I think it;s still worth it....believe me...

believe you?

Your only postings seems tobe pumping IGB Reits.............

I was also just wondering what additional data/info katesamsung has, saying "it's still worth it to buy now", price "now" was at RM9.05

Was it Panamy or Gark (sorry ar boss - i'm getting old & foggy), who analyzed and posted RM9 as the break even point.
At RM9.05, not only no +ve spread but...
Can share ar katesamsung - on your personal reasoning/logic?

@wongmunkeong

Yes boss, at RM9, Kasset is breakeven aka RM1.25

(RM9000 - RM2430) / 5240 Share = RM1.2538

===

Current price is RM9.16, also equal to IGB REIT at RM1.284

Only 1 reason that I can think of why people still go after Kasset even it is > RM9 now :- You buy Kasset now, you'll get IGB Reit share for sure, rather than playing tikam on IPO day.

If u know calc kassets...after ex...not only worth 2.43...

so, u need calc this factor in...then u will know worth to keep it now.

Domo arigto Panamy-san.
Ah so... paying premium to "get IGBREIT for sure".. ah.. one man's/woman's meat, is another man's/woman's poison hehe

---

Added on August 10, 2012, 11:50 amHuh?
Thought KASSETS will be delisted after IGBREIT takes off?
How so more than $2.43 which is paid back? Sorry ar - neophyte here, please be kind to me

This post has been edited by wongmunkeong: Aug 10 2012, 11:50 AM

take off...no woh..
still need wait till 1st qtr 2013

2.43 + div will get at 1st qtr 2013,

go study yrself, dun be lazy...

My bad, i meant "take off" / delisted as per EONCAP after HL makan, not instantly

Thus, using the "template" of EONCAP after HL makan, how would KASSETS be worth more than $2.43 (again, i better clarify what more means to me - at least 6% more than $2.43) where KASSETS will be delisted after spinning off the "last dividend payout"?

Study what ar boss?
Can give some clue lar - point where to run and dig OR at least, dig for what - i'm a simple dog leh

LOL at wongmunkeong being called lazy

As gskow said,

- IGb reits listed on 19.9
- Capital repayment of RM2.43 per share will be returned to Kasset shareholder (estimated by March 2013, or earlier)
- Kasset delisted

Its Rm9.18 now........guess there are lotsa SUCKers nowadays

go read 5 jun circular , see u can find any clue there

Danke danke - hunting for it now

I believe the best way should be this, buy in now or few days ago, DONT keep till IGB Reit come out or maybe 1 week later. Then sell off for profits + IGB or else sell before IGB Reit come out for the profit and try ur luck on the REIT.

Which seems better for less risk? :wink:

er.. i think i'm missing something here
http://www.bursamalaysia.com/market/listed...ncements/974601

Comes to about $9 wor as per Panamy's calc, for every 1 unit of KASSET held, the future value gotten.

Based on this snippet from the URL:


Excel (XLS) in ZIP format for your easy review - hoping that U are willing to teach moi a bit from your POV and value / arbitrage hunting
 Book1.zip ( 83.19k ) Number of downloads: 16

if know how to read chinese, can see the following analysis

http://www.investalks.com/forum/redirect.p...281&pid=1545318

kamsiah kamsiah - i'm hoping google translate does at least a decent enough translation for this bananaman

---------
read - both ori version (to understand structure of posting + numbers) + google translated heheh.
oook.. to summaraize..,
when U meant there's more more value than the current RM9 break-even, U are pointing towards future (ie. 2014?++) value due to the "grow-able" biz ($ psf rental of MidValley Vs others around + near 100% capacity hotness) + revaluation of assets right?

This post has been edited by wongmunkeong: Aug 10 2012, 02:54 PM

investalks - a forum i always go.

Since u say like this...then u find out urself...y i say so....

Invest or not...up to u...I didnt force u.....I just share info what i have study......

since you say "believe me", why dont you tell us in by qualifying and quantifying

why you say so?

Kasset is reversing.

Opportunity for those who missed the boat.

Malaysia Finance blog about IGB reit.
http://www.malaysiafinance.blogspot.com/20...ext-biggie.html

Oppurtunity for bro who havent bought yet...

GRAP IT B4 too late....NOW KASSETS 8.93

no need to play wheel of fortune.....