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 MayBank shareholder Group

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Yahoo8888
post Sep 17 2008, 03:33 PM

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QUOTE(cherroy @ Sep 17 2008, 11:34 AM)
Now Maybank is given green light by BNM to acquire BII which lead to its share price plummet.

Really 'pening', first not approved, now approve. This acquisition saga really amazing, high price of acquisition then hit a snag on Indo authority side, then BNM not approving, now BNM approving again, what next?
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Ya, BII is proceeding with the two conditions stated.

http://www.theedgedaily.com/cms/content.js...195fc0-34aa0050
Yahoo8888
post Oct 8 2008, 12:24 PM

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Maybank price continuously to drop since tis morning. Hmm.........don know whether it can support at RM6. hmm.gif
Yahoo8888
post Oct 8 2008, 03:31 PM

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QUOTE(morpheuzneo @ Oct 8 2008, 03:20 PM)
lowest today - 5.90..

and more to come..! looking at current bloodbath in the market!

red through out the globe!

with Indonesia hit circuitt breaker..! when will come our time?

we don't know..

~~~~~~~~~~~~~~~~~~~~~~`

but today - news come -out, maybank buy another stake in BII.. making them holding total 70++ % of BII stocks.

is this good move or bad moves?

what's your take on this?
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Wow seems Maybank really got chance to break the RM6. I tink for short term maybe not a good move as they will need to infuse more cash and somemore we are facing of uncertainties of politics, current market sentiment and global financial crises.

Just my opinion.

 

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