Europe quite reddish at the moment.

Index going up but all my counters are still showing red

That means someone is desperately trying to paint the Bursa green when its actually supposed to be red...

KLSE is always like that. Fund managers (including PNB and EPF) got interest in index linked and support their portfolio stocks while those second and third liners are being left out on their own which depended on retailers interest only.

This post has been edited by cherroy: Mar 26 2008, 04:36 PM

looks like transmile is gonna stay limit up for the rest of the session. 4000+ lots queing to buy at 2.11...unless sumone comes in n sells 5000 lots...haha

wat's MGO? coz if its really good news den at least i can look into getting Pos

It depended on what price of the offer. Rumour is true or not, nobody knows.

MUHIBAH and LANDMRK up momentum never die for these few days....

This post has been edited by aretla: Mar 26 2008, 04:42 PM

ya think so, tranmil will stay limit up now cos buyers coming in droves where buyers que is more than 10% of total volume...

MGO is Mandatory General Offer wheer someone offers to buy big bulk of shares at a higher price than the market price... it could be offered to other big shareholders and minority shareholders... the price will be determined by the buyer and usually it depends on the quantity of shares they wana acquire. if the want to take it private, then have to pay more leh..

LANDMRK jumped from 1.68 to 2.47 (+0.790) in 3 days time

yummy yummy!

u catch?

you have lankmark on hand?

Once it is MGO, they need to take all the shares, can't set how many shares they want, it needs to be offered across all the shareholders of the company, it is same as to take it private already as listing company need to have at least 25% of liquid shares floating around at least 1,000 shareholders.

Whether they succeed or not, different case. If not succeed, company still can be listing as long as it complied the listing requirement of the shareholding spread.

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Added on March 26, 2008, 4:47 pmJust notice someone has managed to push the Petgas higher to 10.60 which make the KLCI up 11+ points.

This post has been edited by cherroy: Mar 26 2008, 04:47 PM

thx guys for the explanation. i tink its sumthin like chase la...in which a buyer wants to take it private for 0.60. anyway, pos losing steam edi...will jus sit on the sidelines n watch the action for now

next round of correction

[quote=cherroy,Mar 26 2008, 04:44 PM]
Once it is MGO, they need to take all the shares, can't set how many shares they want, it needs to be offered across all the shareholders of the company, it is same as to take it private already as listing company need to have at least 25% of liquid shares floating around at least 1,000 shareholders.

Whether they succeed or not, different case. If not succeed, company still can be listing as long as it complied the listing requirement of the shareholding spread.


noted that cherroy... thanx for correcting me..

NOTION V TECH CHEONG la!!! 20% up

wassup with this counter?

im using pbe sharelink... couldnt see the red bar that u mean...

DJ BMD June CPO Futures Reach MYR3,700 On Strong Demand

Hope my SOP will go up soon

today i juz sold out all my genting share...and bought jaks at 0.70...hope jaks can make me some money since my paper loss is 35%...sigh...

today genting performance very good wo.....
ur earning not bad oh..