taitaumauFirst closing date (FCD): 14.8.18 (Tuesday) Deadline for revision in FCD (2 day earlier): 11.8.18 (Friday)
So, as at to-day, it is clear that there is no extension of the offer. WILL the offer become unconditional (>50%) by 5 p.m. tomorrow ??
13/08/2018 4:07 PM
HoselGohSince the estimated revalued net asset value (RNAV) per Pasdec shares of RM2.11, and today closing price is RM0.45. Don't do you think the offeror will buy more in open market? Today volume a lot compared to pass few days.
GilbertronPasdec major shareholder fails in takeover bid due to insufficient acceptance level http://www.theedgemarkets.com/article/pasdec-major-shareholder-fails-takeover-bid-due-insufficient-acceptance-level (Share from StockHunter)
14/08/2018 11:10 PM
oldchinamanif warrant drop below 8c, then just buy
14/08/2018 11:39 PM
apolloangbro oldchinaman,last time u ipo king,now u warrant king ar? hehe
Yew Chee KongThere's actually big improvement in revenue @ 50.647 mil compared to 26.087mil the previous qtr, & the loss had reduced a lot from - 0.41/share compared to loss of - 1.27/share in the last qtr.
naaim207wake up without volume? or, continue sleeping?
18/01/2019 10:09 AM
AiOne CornerThis is a Good News .. http://www.bursamalaysia.com/market/listed-companies/company-announcements/6031941
Shouldnt be down .. Must be up ...
29/01/2019 9:52 AM
Johor i am cheap. i believe in cheap .. even cheap stocks can do magic: ifcamsc, novamsc, zelan.. kikiki trade at own risks :-)
https://klse.i3investor.com/blogs/kianweiaritcles/191471.jsp
29/01/2019 9:53 AM
commonsenseThe company has failed to deliver any consistent profit to its shareholders for the past 10 years. The company would likely post a loss of more than RM10mil in FY18 and I doubt they can reverse the losses in FY19 given the current weak property market (which is even worse outside of Klang Valley).
Investors may need to wait for the property market to rebound back for the company to start posting profit but I still doubt it would be substantial enough when compared to the company’s market cap. Even if you take the FY17 profit of RM6.5mi, at the current share price, the company would still be valued at a high valuation of more than 22x PE.
If you are looking to diversify your portfolio outside of Pasdec (due to its earnings uncertainties and relatively high valuation) I would recommend you to look at MBMR.
MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.
FY19 growth will be driven by the still high demand of the new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. The recent announcement of closure and potential disposal of the loss-making alloy wheel manufacturing business alone is expected to boost the company’s profit by an additional RM20mil. I am projecting a profit to shareholder of RM170 mil for FY19 which at the current price values MBMR at only 5.9x PE.
Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analysts is around RM3.50.
Gore Victor Leehow to manage a closed-link govt listed company like Pasdec in such critical situation.......all sleeping kah? I think all Pahang EXCO member should step down to show responsibility!!!
08/05/2019 9:43 AM
Gore Victor Leepakatan harapan also good for talk and good for nothing, like ECRL,BANDARMALINGSIA...ALL TALK, TALK...SUDDENLY NO NEWS, AND WANT CUTTING HERE AND THERE...INTERNATIONAL AND LOCAL INVESTORS ALL CONFUSED.....NO DETAIL...GIVE SMOKE BOMB...WHO WILL HAVE FAITH......DAP NOW WORST THAN MCA AND GERAKAN..REALLY USELESS
08/05/2019 9:48 AM
Gore Victor LeePAKATAN HARAPAN NOW CHANGE TO PAKATAN HANCURAN...
longvalleyGaji menteri berbanding dgn elaun sy swasta n glc jadi penyebab mrk jelous terat sangat..........!!!!!??
20/05/2019 12:16 AM
thestewardPASDEC sud benefit a lot fm ecrl I think . The major shareholder at one time wanted to take it private at a higher price if remember correctly . Nta 86 Sen.
