Highlights
KLSE: CCB (2925)       CYCLE & CARRIAGE BINTANG BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
1.20   0.00 (0.00%)  0.00 - 0.00  0
Analyze this stock with MQ Trader system
No related Warrants found.
Trade this stock for as low as 0.05% brokerage. Find out more.

  3 people like this.
 
shareinvestor88 Huge debt. Loss making
11/02/2020 10:26 PM
gemfinder Only sorhead vote against scr
11/02/2020 10:28 PM
Fabien "The Efficient Capital Allocater" thought there's risk arbitrage opportunity here

seems weird that the SCR was rejected by the minorities

or it could be an attempt to push up the share price, never an intention to privatize it
11/02/2020 10:31 PM
shareinvestor88 Yes ur right. Sell sell tp 50c
11/02/2020 11:03 PM
apolloang I bought a bit for fun only at 1.58....quickly down I also no worry...down more buy more....hehe
11/02/2020 11:35 PM
apolloang when 50cts? hahaha
11/02/2020 11:37 PM
shareinvestor88 See tomorrow gap down ?
12/02/2020 12:01 AM
GooShem it will back to the price before this privatization began, which is below 1.3.
12/02/2020 7:35 AM
yong8888 1.400 is support
12/02/2020 8:40 AM
wongck Now minorities who declined the privatization will gain nothing ...we will see how low CCB price can tolerate
12/02/2020 9:09 AM
paperplane ask stingy Singaporean offer better price
12/02/2020 9:25 AM
BearishTrend Everyday the price will depreciate lower n lower
12/02/2020 9:54 AM
yong8888 Pipo .. pipo.. 1.000 Support ??
12/02/2020 10:51 AM
xuxu rebound !
12/02/2020 10:56 AM
wongck Got future no hope from now with short & long term debts,, loss making continuously .. non favorable trading environment , a foolish mistake
12/02/2020 10:58 AM
apolloang where got 50cts? green already ar? hehe
12/02/2020 11:05 AM
Mabel Aiyaa...

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

Just continue to hold lor....

Mercedes Benz is worth holding...Just like I'm holding Sime Darby (BMW and Porsche)

BMW are for those who knows cars. They appeal more to the yuppies and upcoming stars, that’s why they talked about horse power and torque.

Mercedes are for those who knows about money. They are made for those that have arrived. That’s why we here talked about cats, dog and living.

If you’re looking for performance over luxury then go for the BMW.
If you’re looking for luxury over performance then go Mercedes.

They are both very well engineered German Cars. That's why I also collected Cycle and Carriage Berhad (Mercedes) and Sime Berhad (BMW and Porsche) for my Automobile Investment. I only go for the best.

Remember, “James Bond drives BMW” - only because BMW paid megabucks for him to use it.
Mercedes Benz doesn't pay anything to get thousand of their cars into the movies...

Meow...
12/02/2020 11:08 AM
yong8888 1.000 ?? Support ??
12/02/2020 12:02 PM
Hafid TP to RM0.96 (from RM1.04)
12/02/2020 12:17 PM
Thinkcarefully If CCB is really want to privatise,it can use other means. It can start aggressiveshare buyback.
I am sure at 2.20 at least 80 percent would have sold to the company.
And also do a right issue. This would increased CCB percentage. If it owns 90%,or more
It can delist the company.Any sensible shareholders would sell back rather than holding shares in a nonlisted company
12/02/2020 1:51 PM
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
Stncwsss 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


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
View candlestick stock charts with Technical indicators
MQ Affiliate
Be rewarded by being an MQ Affiliate
 
 

2010 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 SCOMNET 0.4950.00 
 KOTRA 1.840.00 
 UCREST 0.050.00 
 EITA 1.050.00 
 PUC 0.0850.00 
 WILLOW 0.3750.00 
 IRIS 0.0750.00 
 HSI-C9L 0.070.00 
 HOOVER 0.400.00 
 BTECH 0.2150.00 

FEATURED POSTS

1. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
2. MQ Affiliate – A smarter way to earn more rewards MQ Trader Affiliate Program
3. MQ Affiliate – How to become an effective affiliate MQ Trader Affiliate Program
4. MQ Affiliate – Upgrading to Affiliate Partner MQ Trader Affiliate Program
Partners & Brokers