hmmmm PNB is the taikor of SPS... so i guess it's more or less a done deal...
Unless -> PNB is not allowed to vote in EGM, and all the 3000-4000 strong ikan bilis say "N-O" to PNB...

SPS BV : 2.15... offer price 3.90 is about 1.81x PBV only...
havent consider the GDV, Landbank, etc....

sigh~~~~
*me dun have SPS*

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Added on

Moolah needed for election... what to do...

china needs 10 yrs?? wow, you are really bearish! i'd say 3-5 yrs. so i'm super bullish then.  now the situation is like: china up, others down. so the gap is accelerating.

correct, better be cautious all the time. 
i am planning to start accumulating china index ETF every qtr after EU + US issue stabilize. 

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Added on September 28, 2011, 2:02 pm

so if the minority shareholders vote "no", also the deal cannot successful? really? we so powerful? 
can wb warrant holder vote?

why do you need to vote??

if is a conditional GO.....

u juz decide whether to tender your share or not only mah......

no need vote leh...unless is a takeover via Assets & liabilities or capital repayment route.......

anybody is an engineer here??

we forumers group some money for you to developed time machine...

so tat we can go back and "sai lang" SPSETIA yesterday...    

wanna ask, how exactly it works?
contracts got different expiry dates and same price (RM5000 each)? if so, everyone will be buying those with longest expiry date?
so anytime before expiry date, can sell the contract and get the profit/loss?
anyone familiar with trading future contract here? 

I read that thread but can't find answer. sorry to ask further here.
so the contract is on monthly basis?
if i buy sept contract, i must sell it in sept?
if i buy oct contract now, can i sell it in sept?
is sept and oct contract same price?

thanks!! 

so how many months ahead that i can buy from now? say buy December contract can kah?
if i buy Oct contract in Sep, Can i sell it in Sep? Or must wait until Oct?

thanks!! 

contract so far away, I think no one want to trade with you. Hehe

oh, so it's trading like stock? if no buyer, cannot sell also? 

What happens to GENM?

The company buying back the shares? Pushing very hard on it..

Whole day push and push.. Phew.. Looks tired..

they want to sustain the price more than issue more dividend.. 

eh sifu here...

i always notice this thing...

if limit up like spsetia - warraant...

buy price has

mp = 10000
0.76 = 10000

***mp always appear at a later part of the trading......btw,,,wat is mp??
my other question is

if u the initial batch that q buy at 0.76.......b4 the mp...

then if after the mp.....ur buy q still stuck at 0.76 or will move above at mp???

Please don't privatize SP SETIA. I like this property developer share a lot  

Usually this kind of news.. Full of uncertainty.
Want to buy, but remain listed.. What kind of BS is this..

In the end, will tell u, no more want to buy.. Finance controller informed that this is not a good decision.

Then shares will kaput..

CIMB Research said although this offer is likely to push SP Setia’s share price close to the offer price, it limits the upside to its RM4.73 target price.

“In view of this and the uncertainties associated with the offer, we downgrade SP Setia from Outperform to NEUTRAL. We make no changes to our earnings forecasts or target basis of 10% premium over its RM4.30 RNAV,” it said.

http://www.theedgemalaysia.com/business/19...to-neutral.html
Now I know how to read their paper.
Now only I know their TP is not for one year period, it's for short term period.
Now only I know. My bad. 

This is what I worried the most Boney. Now definitely not a good time to buy SP SETIA, since the conditional take over is at 3.90. So, can't average down. My ABP for SPSETIA is still pretty high at 3.75.

Such a dilemma for me. Got trap by the price, cash out all the shares now or wait for the take over? Having said so by waiting, the upside for SPSETIA will be limited. The downside will be limited as well, as the support will be at 3.8x. SP SETIA is as good as in hibernation mode now. Just my view, can't do much to this stock at the moment.

Sime's acquisition totally do no good to E&O shareholders if they don't plan to push the price up to benefit everyone. Unless, in friday AGM, they announce to apply aggressive share buyback to push price up at least above 2.00. Or maybe Sime should use their 1% in open market to push price up. Good luck to E&O holders. I haven't bought any yet since I haven't seen how the price can move up yet (it's not cheap even at current price). 

Wahhh, HELP is crying for help lo. Drop so much. Whoever said education is a defensive counter. Looking at MEGB and HELP... not defensive at all.