QUOTE(Boon3 @ Apr 2 2014, 11:44 AM)
gark72 million bought at 40 sen in 2013
41.2 million bought at 1.10 in 2011
8.8 million shares were before IPO.......
now Siva wants to sell all at 1.10.
Chincai count...
Those IPO shares and those 41.2 million shares no count.
Count those 72 million shares bought at 40 sen in 2013.
If sell at 1.10, those 70 million shares will see a profit of 70 sen per share.
72 million shares X 70 sen profit = ......................... !!!!!!!!
Easier than robbing a bank hor....
Wait...
Bank also don't carry that much money for one to rob !!!
I think there is a corporate raiding is being done here to extract max money from MEGB. lets identify what cat and mouse game these people are playing...
1. Siva Kumar sold option at 1.10 (But not necessary Gary MUST pick up one), so this 1.10 might not be legit as no transaction yet.
2. Gary and friends are put into board, Crescent point board members are removed, even before Gary buys the company?
3. Big selldown from ex-directors and crescent point... after they are removed.
4. However very little selling is done at 50 sen to 60 sen most of the selldown at 40+ sen.. panic selling at gamble went wrong? They did not expect the price to fall?
5. Then announce dim sum restaurant purchase when price falters... purchasing HK listed company at 33x PE, and not much explanation given, at less than 5% stake for RM 20 mil, seller is likely to be associated with Gary. Stock rise again...
6. Smells like Bluemont and Asiagold saga...

or a possible reverse takeover of Gary's unlisted companies
The operators are trying very very hard to goreng the shares, but ikan bilis is not cooperative.
This post has been edited by gark: Apr 2 2014, 12:04 PM