Highlights
KLSE: CCB (2925)       CYCLE & CARRIAGE BINTANG BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
1.56   -0.02 (1.27%)  1.48 - 1.60  15,800
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  3 people like this.
 
Thinkcarefully Actually a listed must have at least 25% minority ownership.So once CCB reaches 75% or mre it can apply to delist after a fair exit offer price to minority shareholders. Imagine how much CCBcan save if it buys at say 1.6 ie 60cts per share.
It can then offer a better exit offer price to the last femaining shareholders,incl MBL.
All these could have been discussed between MBL and CCB.MBL is not stupid
12/02/2020 4:51 PM
paperplane will they offer RM3 or above not. cheap lah to SG ppl
12/02/2020 5:50 PM
Mabel Does anyone know what is actually the fair value that we should get instead of RM 2.2?
12/02/2020 6:19 PM
Thinkcarefully There is no such thing as fair value.what is fair to one may not be to others.
If CCB can buy back 80% at 1.20,then it can offer exit price at 3.20 for the last 20% without incurring extra expense.And this last 20% would include MBL.
This is just my theory,bucause I cannot believe MBL is stupid.They are master of corporate games..
CCB is fair to offer SCR but stupid shareholders had rejected.

Go and read how Bernas delisted from Bursa.
12/02/2020 6:31 PM
CharlesT Mbl is master of corporate games? How so? Care to elaborate?
12/02/2020 6:33 PM
CharlesT Did u buy ccb at 2.00+ hoping for 10% gain if the deal went true?

If so sorry..yr 10% potential gain becomes 20% paper loss..

Anyway happy for u to be a long term investor for ccb...
12/02/2020 6:36 PM
Mabel This stocks is one of the stock that falls under Category 3...

I just Buy and Forget just like my Sime Darby..
12/02/2020 9:52 PM
Mabel @Thinkcarefully There is no such thing as fair value.what is fair to one may not be to others.
If CCB can buy back 80% at 1.20,then it can offer exit price at 3.20 for the last 20% without incurring extra expense.And this last 20% would include MBL.

This is just my theory,because I cannot believe MBL is stupid.They are master of corporate games..
CCB is fair to offer SCR but stupid shareholders had rejected.

Go and read how Bernas delisted from Bursa.
12/02/2020 6:31 PM

I'm actually game for RM 2.20 but if we can get RM 3.20 of course it would be lovely...

Meow...
12/02/2020 9:54 PM
Mabel If it goes below...well ...that's the chance we all have to take...

Meow..
12/02/2020 9:55 PM
apolloang 2.10 I no want.....but below 1.60 or below 1.50 want more.....hehe
12/02/2020 10:59 PM
verbatin1969 bought 10,000 at 1.60 today
12/02/2020 11:46 PM
Choivo Capital I don't und. This company all the while so lapsap, why people don't want sell to C&C weird man.
12/02/2020 11:49 PM
Ncm88 good luck with coming QR bomb
13/02/2020 2:12 PM
wongck CCB are deemed to test the lower tolerance level everyday ...now those who decline the privatization not sure how they feel?
13/02/2020 2:55 PM
yong8888 Big sell down tomorrow , as US indices are all red now
13/02/2020 7:55 PM
Fabien "The Efficient Capital Allocater" the law of mean reversion will bring it back to 1.20
13/02/2020 7:58 PM
Fabien "The Efficient Capital Allocater" the minorities have to seriously reflect why on earth they rejected 2.20
13/02/2020 7:59 PM
yong8888 1.000 support
13/02/2020 8:06 PM
Fabien "The Efficient Capital Allocater" better protect your capital and move to a better buy in BAUTO. DY is 6-7%.
13/02/2020 10:29 PM
anticonman Loss QR(Nov'19) or QR not out why 1.57 cheap?
14/02/2020 4:54 AM
anticonman Privatisation con job to push CCB? Insiders sold high then said no also can?
14/02/2020 4:57 AM
anticonman $ fall from sky?

paperplane ask stingy Singaporean offer better price
12/02/2020 9:25 AM
14/02/2020 5:00 AM
danny123 Tp 1.10
15/02/2020 11:30 AM
ShaBlalalala Tp 2.1
15/02/2020 11:41 AM
shareinvestor88 sell tp 50c
15/02/2020 1:58 PM
Junqi Someone is slowly collecting ccb shares -?JCCLor people acting in concert.
It needs only another 15 mil shares to reach 75% at which point it can be delisted.
All remaining minority shareholders have to sell back to them.
It would be stupid to hold shares in unlisted companies
19/02/2020 5:14 PM
apolloang alamak where got 50cts? hahaha
20/02/2020 12:08 PM
20/02/2020 8:39 PM
Junqi TP 2.2
20/02/2020 10:06 PM
anticonman Bursa main tipu. QR lagi loss why operator cakap 1.67 murah?
27/02/2020 12:36 PM
meerkat0078 The ones who rejected the deal this year must be regretting... will there be light at the end of the tunnel for everyone now?
02/04/2020 6:12 AM
Cantel Wong Nothing is certain in this world, but this one looks like going to regret or hold for a long long time
07/04/2020 11:14 PM
saltedfish Invest in this stock only with a long term view
19/04/2020 6:56 PM
Investsucess Trader CCB still closed to 28 april, Management already apply to reopen on the 29 april.
19/04/2020 7:43 PM
Money168 MBL alreasy sold all of its shares....reject and run? lol
30/04/2020 7:03 PM
Thinkcarefully Maybe just transferred to an individual. Why should it reject at 2.2 and sold at way below 2.2
03/05/2020 7:00 PM
meerkat0078 Will CCB try to privatize this counter again? MBL will play spoiler again?
09/07/2020 7:42 PM
mf Post removed. Why?
28/07/2020 6:17 PM
Wuhan19 Dont need SCR. Just give VGO. I am sure most will sell back their shares.
Once Jardine has 80% CCB can be delisted. The remaining would be obliged to also sell.
Because nobody wants to hold share in delisted company
03/08/2020 2:23 PM
Mabel Aiyaa...

People wants to give RM2.2 you don't want...

Now drops so much oledi..

Meow
06/08/2020 5:53 PM
Wuhan19 MBL is no longer i the top 30 shareholders in the latest AR.
Wonder what happened to its shares.
07/08/2020 3:04 PM
meerkat0078 MBL made a strategic mistake by failing to foresee the negative market outlook in late 2019 and hence had to bite the bullet themselves. Greed was definitely at play as blocking the privatization of CCB (in an already soft market) was their myophic view. Were they even going to stick around to conduct a business turnaround if the privatization failed?
20/08/2020 10:44 AM
Thinkcarefully Why not make a voluntary general offer
31/08/2020 6:09 PM
humongainz the name already ccb, not enough cue for status of the company meh, aiyo
15/09/2020 6:19 AM
CUTLOST Wait for delist
22/09/2020 9:52 PM
Snowpiercer Jardine not willing to pay NTA. Too expensive just for MB franchise.
21/10/2020 3:31 PM
Alfonso My mercedes S400 is too costly to maintain, some more got lot of battery problem, this S400 really CCB wan, buy BMW better
21/10/2020 3:32 PM
wehcant Chow Ci Bai is back in the black!
03/11/2020 6:31 PM
kereta Chow Ci Bai is memang black lol
05/11/2020 11:17 AM
Hafid ccb is moving due to the pandemic is not affecting much.
26/11/2020 2:50 PM


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