LY Hoh,

Depend on their intention. Normally those offering MGO at lower than market price, the intention is to get rejection from shareholders so they can retain the listing status. The MGO is compulsory by law, for those company taking over more than certain threshold of a listing entity. If the new owner intent to retain the listing status, they will normally offer lower than market price so the MGO will fail.

PE ratio for construction sector ranging around 12.0.

The company need 60m profit per year to stand a chance for the price to hit rm1.00 and above.

Lagenda has even more potential and proven track record than this counter.

Jack2, very low profit margin???

Sst incoming for usage above rm200 per month. Retail user will reduce the consumption.

Comparing ytl and ytl power via their revenue seems not apple to apple comparison. The profit margin is different. Safer bet would be ytl because consistent stream of income and diversification of business. But higher risk and reward is ytl power since the industry itself giving higher profit margin and drive on big potential.

Two different animals.

A lot of RPT contract. Obviously will show good profit.

What new contract with normalised margin? No one spending right now. Gov tightened up. Residential yet to show good sign to improve.

1 billion for next 3 years. Property development margin is around 15% which mean 150m profit for 3 years. 50m per annum. Shares including preferred shares is about 800m unit. Which means 6.25sen per share return. What is PE average for construction/developer company in Malaysia?

Now i worry. Should let the price go up further before making announcement.

Worry of sell on news thingy..

Difficult to break .300. Time to retreat?

The ceo during last AGM did mentioned that they expect the company value to be around 500million by mid of 2024. Sort of commitment to turn the share price around 70cent by then.

It was approved in July, iinm. Which mean the numbers represent apr-june period. 2 post regulation period are july-sep and oct-dec.

And bursa will play it safe. They probably will wait until 2023 audited account ready before making decision.

Wow ally coming back. No need to delete your comment this time?

Ally coming back.

Btw, why you need to delete all your previous comments?

Yesterday announcement on multiple proposal:

“We refer to the announcements dated 13 October 2021 and 25 October 2021 in relation to the Proposals (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of the Board, AmInvestment Bank wishes to announce that Bursa Securities had, vide its letter dated 29 November 2021, approved the listing of and quotation for:-

(i) 67,000,000 new Shares to be issued pursuant to the Proposed Placement of Shares; and

(ii) 233,000,000 new Shares to be issued upon conversion of the RCPS pursuant to the Proposed Placement of RCPS.”

Bursa has approved lagenda takeover plan as announce by the company yesterday.

back to rm3 later ke?

NTL of 15cent each shares. Though they pay 10cents each, actually they are paying 25 cents for the liabilities.

So Doh family (the owner of Lagenda Properties Berhad) is the new owner of KTB? Will they do the same magic they did to Lagenda last time (previously DBE Gourney) with KTB now? Lagenda closing price yesterday was rm1.59.

still good to go. not in the coverage yet.

https://www.klsescreener.com/v2/news/view/856487

Tan chong lost their legal case against ktb on the purchase of land. Cost more from 16m now over 50m.

25sen good price to enter? Or still long way to go for the downtrend?

in free market, regulator shouldn't interrupt too much. Or else, local market lost the attractiveness. anyway, i always believe regulator and the institutional investor has good relationship between them. Ikan bilis like us wont have any protector.

After twice query by bursa, i doubt they will go for limit up anymore. But they will play the game like today, 24-29% variance.

Drop back to .290?

With bursa granted 12months PN17 exemption to those company fall under this category, they wont be pn17 in the next couple of months. Immediately after the period, possible.

There are taker/buyer for the shares disposed. And the taker doesn’t seem to be small retailer.

based on the balance sheet, there is more than 30million liabilities as at sep 2020 due to holding co. Will holding co giving another waiver next round? holding co giving waiver, while at the same time disposing their shares, signal that something is happening.

volume was hardly there on thursday. Doubt much will happen on t3 (tuesday)

they will be very happy if no one buy the shares at current price. easy to push for limit up

Tomorrow open gap? Close at day highest.

Bursa warn during close market, which is very unfair to existing shareholder since they can’t sell the shares immediately.

Bursa should not be given such power to make such statement.

repetitively test .200 for few times already. it's about time

Tomorrow limit up? Follow gets

hohoho123 anyone noe who brought the share sold by company?thats a lot

i identify there are days (or a day) where the announcement made by the controlling shareholders on their disposal of shares was higher than that particular day open market volume. Seem they sold the shares off market to another entity.

Big order transacted at 155 and 160. 135 140 become new support.

Recent development, existing major shareholder no longer own 50% of the company shares. They already disposed more that 20% equity from previously 68%. New significant shareholder come in?

Latest announcement, major shareholder disposed 21m shares on 16 oct. If look at the trading history, on 16 oct, shares transacted via open market were much less than that. Less than 10m shares.

They do private deal with other party? Seems major shareholder not disposing the shares via open market. Really really new party come in?

Downward trend. Back to 4 cents? Gosh

major shareholder cash out before delisted?

Careful. Either shareholder cash out before delisting or good news. If good news, why shareholder sell. If new shareholder come in, the transaction is still too small for the price to rocket now.

Too many PP without any good news in between, how to get retail investors to subscribe/buy the shares?

Getz no action yet ktb very active. What happen?

Down hill has turn into uphill?

I will change my trading channel from kentrade to non IB related provider. Not going to let kenanga earn my money anymore.

Dividend 8.5cents???

Without bonus issue, price will face tough task to increase further. From 9 to 20 is relatively easy compare to 27 to 60.

Among all glove counter, this counter is the worst. Hugely dependent on supermx price movement. Since supermx price is about tripple carepls price, better go for supermx. Or best, to top glove.