That's correct.... overlook :-p

Thx for the explanation.

So,

IOIPROP 1000 shares bought, let say, at RM2.22 = Spend RM2200

Convert to,

IOICORP 600 shares @ RM3.92 = RM 2352

+

Cash 1000 x 0.33 = RM 330

Total = RM2352 + RM330 = RM 2652

In the end, for holding 1000 shares of IOIPROP @ RM 2.22, you gain RM 2652-2200 = RM452!!

Another noob question - Theorectically, does that mean you can't buy IOIPROP's shares anymore or nobody would sell to you at a loss? What would happen to the share price of IOICORP? Drop?

Edit : Aahhh! Looks like investors may take this news negatively (referring to IOICORP's share) : http://www.btimes.com.my/Current_News/BTIM...icle/index_html

This post has been edited by kmarc: Feb 4 2009, 11:51 PM

IOIcorp opening price a bit low...

This post has been edited by PBB boleh: Feb 5 2009, 09:09 AM

Share price will adjust to the offer accordingly, opportunity won't wait for you to make money, also the privatisation might take several months to be completed, (or might not complete, if shareholders of IOIprop don't want to accept it) also by then when the privatisation process completed, share price of IOI might not be the same anymore.

I see..... looks like the prices have already adjusted.....

Stop thinking there is money on the table and wait for you to collect which others don't know. If you and me know how to calculate, so do the rest in the market.
Market is efficient most of the time, they don't wait for you.

If there is some free money, there I also "tembak" first or already bought, before posting this line.
Still calculate and calculate and bring up the discussion? Action already.


This post has been edited by cherroy: Feb 5 2009, 11:02 AM

I didn't think about acquiring those counters as I don't fully understand the process involved. However, I disagree with you on the first part...... we always think about money whether it is on, under or beside the table...

Anybody buy anything? So bored.....

This post has been edited by kmarc: Feb 5 2009, 11:13 AM

cherroy, u bought ioiprop?

No lah, why?

Now it trading at same or near worth of IOIcorp, ie. you gain little or nothing from buying IOIprop, better go directly to IOIcorp if really interested in IOIcorp.

3.76 x 0.6 = 2.256 + 0.33 = 2.586

Upside of IOIprop is capped by IOI share price now.

Haha ...

yaya market wont wait for us to calculate here and there then decide ...
Unless u r holding IOIprop share previously before the announcement or u hav relative working as a top management at ioicorp ...


i agree with cherroy with u r earning a liitle or nt earning at all by buying ioiprop now ...
market adjusted ... and if u buy ioiprop now ... u hav to wait for the acceptance and then if they can collect 90% , u must surrender your shares to the registrar , the process will take months ...

if u own 10k shares of ioip by buying nw ... automatically ur RM25k is locked for months ...
if there is oppurtunity , u cant use the fund to collect shares ... =)

Choose other blue chips lol ....

sime and genting very attractive mah ...

since IOICORP taking over IOIPROP, ICORP need to spend money on it and cash flow become low, so the share prices also should be go down after they exersize the take over?

Majority paid by share, cash only small portion.

anyone bought ioi recently ? seems on yo yo. Can wait to sell off

How to buy ? The stock price very high nowaday!

IOICORP closing today @ 4.10
Tomorrow should be able to touch 4.00
Anyone holding any?

Closed at 4.30.

Irony irony. Haih.

Monday

CHEAP SALE

Basic earnings/(loss) per share (sen)
0.63

Profit/(loss) for the period
58,241



This post has been edited by penangmee: May 16 2009, 05:41 PM

Question, I've been hearing that IOI is among the best in plantation stocks. I checked the dividend, only around 10 cents plus per annum which is around 2% return based on RM5.

Is it still worthwhile?

for your reading, ante5k

http://malaysiafinance.blogspot.com/search?q=ioicorp