Highlights
KLSE : KHSB       KUMPULAN HARTANAH SELANGOR BHD
Last Price Today's Change   Day's Range   Trading Volume
0.00   0.00 (0.00%)  0.00 - 0.00  0
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Overview

Avg Volume (4 weeks):0
Average Price Target:0.66
Price Target Upside/Downside:+0.66
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  9 people like this.
 
johndow hit 83.5 oredy
27/08/2013 12:30
nightrader why can higher than 83.6??
27/08/2013 13:31
member41 saw some Q 84 heh
27/08/2013 14:01
johndow sure can go higher .. but dunno when laa .. stock .. up and down .. goreng here and there ..
27/08/2013 14:03
ronnie2u What's the logic to buy @ RM0.835 ?
27/08/2013 14:05
Best 168 What is the Q 84?
27/08/2013 14:27
ronnie2u Queue = Q
27/08/2013 14:28
anbz so that offer will not be blocked
27/08/2013 16:15
ronnie2u Congrats to those who sold their KHSB at RM0.835
27/08/2013 16:47
member41 maybe tomorrow higher? :)
27/08/2013 17:28
nightrader someone wanna block offer?
27/08/2013 20:20
money888 what is the benefit of doing so?
27/08/2013 20:24
hng33 KDEB has opt to buy KHSB share directly from open market, so far have accumulate more than 8% stake.
28/08/2013 13:24
nightrader can they buy at higher 83.6?
28/08/2013 13:27
tank KDEB does not have the mandate to buy higher than 83.6
28/08/2013 15:37
tank Sell whatever you have in KHSB, and buy other stocks. Buying opportunity now.
28/08/2013 15:39
Yolo finally, the long wait announcement!!
28/08/2013 16:37
KC Loh Hey Melv, you have been missing for a while. Howz it going my friend? :)
28/08/2013 16:38
Yolo I observing the forum secretly.. Shh dun tell anyone, later The singh come kacau again. Ehehe
28/08/2013 16:41
KC Loh hehehe haven't lost your sense of humour!
28/08/2013 16:42
kcchongnz Where are all the doomsayers in this thread?

Those who took this risky arbitrage earns 25%, or annualized return of 75%!


Posted by kcchongnz > Apr 30, 2013 09:48 AM | Report Abuse X

Market inefficiency?

News broke out about the signing of the S&P for the takeover offer last night. Maximum takeover price 83.6 sen and minimum 76 sen. Completion of S&P by end of May. GO say take another 3 months to complete.

If everything concluded in the one plus three months and all investors get their money in four months, the profit of buying KHSB now at 67 sen would be between 13.4% and 24.8%, or an annualized return between 40% to 75%.

Why is there such a high risk premium for this risky arbitrage play?
28/08/2013 16:47
Yolo Hi Chong, do we need to sell ourself or the bank will do the rest ?
28/08/2013 16:50
kcchongnz Melvin, just to shiok a bit here lah. Remember that time we were the only few who stick to OTB while so many people taruk him on this KHSB?
28/08/2013 16:56
Yolo lol yea those ppl wan zero risk investment, they wish!
28/08/2013 18:53
66300 Sold all at 0.835 for a 20% absolute profit. TQ OTB!!!!
28/08/2013 22:27
66300 Sold all at 0.835 for a 20% absolute profit. TQ OTB!!!!
28/08/2013 22:28
inwest88 OTB has made another person richer. Congrats !
28/08/2013 22:30
fadhil53 66300 can u kindly explain i'm being ignorant. i just bought this counter today at .83. what will be after this. tq
28/08/2013 23:20
fadhil53 kcchongnz can u help me on this predicament . tq
28/08/2013 23:23
fadhil53 melvin G may i ask -this stock will not be traded in the open market tomorrow?
28/08/2013 23:33
kcchongnz Posted by fadhil53 > Aug 28, 2013 11:23 PM | Report Abuse
kcchongnz can u help me on this predicament . tq

Not a good move to buy at 83 sen as the GO price is 83.6 sen. Eventually you will be given a check with 83.6 sen settlement price. You wont make any gain after taking into consideration of your opportunity cost or loss in interest from your money.

That is a problem of buying something without knowing what is happening. But never mind, take it as an inexpensive lesson learned.
29/08/2013 05:42
Ooi Teik Bee kcchongnz Melvin, just to shiok a bit here lah. Remember that time we were the only few who stick to OTB while so many people taruk him on this KHSB?

Ans : FCTB and IMF_hau are the most stupid idiots in this forum, go and learn 20 or 30 years before they attacked me. No standard and still want to act as sifu. Do not know how to read chart, yet try to act. I am very sure they will lose all their money in bear market. Please be humble to learn, frog inside the small well. You keep quiet we never say you are stupid.
29/08/2013 07:28
Fat Cat Tim Buddy early early in the morning already want to show off n cari gaduh.

why dont you go mtdacpi section and say : ''i screwed up'' ?
29/08/2013 07:38
Fat Cat Tim Buddy dont forget about liihen and insas , alright..

only ppl like otb got such thick face go inari section promote insas like nobody business. really no eye see.
29/08/2013 07:40
fadhil53 thank you kcchongnz for your reply and useful advice. Hope i learn well and fast enough.
29/08/2013 07:45
gskow better sell at market price 0.835 to them, i think price wont go up anymore.
no need waste time and interest to wait KPS EGM and VGO
29/08/2013 08:38
fadhil53 yes sir
29/08/2013 08:51
sudahkena Sell khsb....move to kps......
29/08/2013 08:55
member41 wow hit 84... can stilll up ? who buying
29/08/2013 09:25
johndow i'm done with khsb .. all sold ..
29/08/2013 09:34
Ooi Teik Bee If you follow my recommendation, you still laughing all the ways to the bank. It is not possible to have 100% accuracy because I am not a god.
Why you quote only losing trades ? What about KHSB > 100% gain, LBS-WA >120% within 10 trading days ?
My ROI now is > 60% gain even there is a sell down. You notice my selection is you win big and lose small. This is my strategy. I do not want to brag and boast here, you force me to answer you.
Enough is enough, I want to let all valued readers to judge whether I am a reasonable person or you are an unreasonable person.
This forum is supposed to be a learning and sharing centre, it is not a personal attack forum. Please be reasonable if you want to make money in stock market. It is my advice to you. Thank you.
29/08/2013 09:41
johndow yeah lah .. what to play stock .. win everytime .. then put money in fixed deposit la. Mr Ooi is kind enough to give his opinion. Want to follow or not .. that is the risk u guys need to take lah. Do you own thinking . not just hentam people. Aiyooo .. what laaa .. this kind of people also got!
29/08/2013 10:35
66300 OTB,
Dont be bothered lah. Some dogs bark for no reason, some keep barking because they get excited when some one respond.

These barkers chose not to highlight your preamble :Just be happy if you get it right 60% of the time. So dont respond, let these barkers syiok sendiri.

As For me, I am buying my wife a new car with KHSB profits. Yes I am an OTB ball carrier and proud of it. Yes I am boasting about too. Its my prerogative. See if I can find OTB number plate...
29/08/2013 10:47
ivchoong Whatever said & done both positively & negatively, I learnt much from u guys' sharings. Just sold all my khsb @ 0.835 which I hv been holding for umpteen yrs. What a relief! Tks OBT for yr constructive sharings. Wished I had discovered this blog earlier then could hv made some 'kuih muih' pocket money! Come on guys let's make this an educational blog with a common aim to make profits & not to turn it into a battlefield. For better or for worse, at the end of the day the final decision is yrs to make. Hi to everyone & lets make some bucks together!
29/08/2013 10:49
ronnie2u @66300: Buy wife's new car with cash ah ?
29/08/2013 11:08
kcchongnz Risk arbitrage, a lesson learnt from KHSB.

Posted by kcchongnz > Apr 30, 2013 09:48 AM | Report Abuse X
Market inefficiency?
News broke out about the signing of the S&P for the takeover offer last night. Maximum takeover price 83.6 sen and minimum 76 sen. Completion of S&P by end of May. GO say take another 3 months to complete.
If everything concluded in the one plus three months and all investors get their money in four months, the profit of buying KHSB now at 67 sen would be between 13.4% and 24.8%, or an annualized return between 40% to 75%.
Why is there such a high risk premium for this risky arbitrage play?

The arbitrage opportunity for KHSB worked out exactly like what was written above 4 months ago. The Selangor Government is actively purchasing KHSB's shares directly from the market now at 83.5 sen. So the time frame of 4 months from the signing of S&P is also exact.

So the return for those who took the risk arbitrage made about 25%, or an annualized return of 75% as anticipated.

When is the next fat frog jumping around again?
11/09/2013 17:23
Yolo Have you sold all the units KC?
13/09/2013 15:29
kcchongnz Melvin, holding KHSB when you can sell at the price they going to settle with you in a few months time is not a wise move.
13/09/2013 15:32
Yolo Got it. I was hoping for the extra dividend they might be distributing.. Thks!
13/09/2013 15:35
Chatterbox Bursa news: Finally....
Type Announcement
Subject TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
Description KUMPULAN HARTANAH SELANGOR BERHAD ("KHSB" OR "COMPANY")
- UNCONDITIONAL TAKE-OVER OFFER BY AFFIN INVESTMENT BANK BERHAD ON BEHALF OF KUMPULAN DARUL EHSAN BERHAD ("KDEB" OR "OFFEROR") TO ACQUIRE

(I) ALL THE REMAINING ORDINARY SHARES OF RM1.00 EACH IN KUMPULAN HARTANAH SELANGOR BERHAD ("KHSB") ("KHSB SHARE(S)") NOT ALREADY OWNED BY KDEB; AND

(II) ALL THE NEW KHSB SHARES THAT MAY BE ISSUED PRIOR TO THE CLOSE OF THE OFFER ARISING FROM THE EXERCISE OF THE OUTSTANDING OPTIONS GRANTED PURSUANT TO KHSB’S EMPLOYEES’ SHARE OPTION SCHEME

(COLLECTIVELY REFERRED TO AS THE "OFFER SHARES")

FOR A CASH OFFER PRICE OF RM0.836 PER OFFER SHARE ("OFFER")
The Board of Directors of KHSB wishes to announce that KHSB has today received the attached press notice from AFFIN Investment Bank Berhad, on behalf of the Offeror, informing that pursuant to Section 33 of the Malaysian Code on Take-Overs and Mergers 2010, the Offeror has dealt in KHSB Shares on 23 September 2013.
Please refer to the attachment for further details.

This announcement is dated 23 September 2013.
23/09/2013 21:22


 

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