Practice Makes Perfect

CI Holdings - Unstoppable!!!

Chin Kok Tan
Publish date: Mon, 22 Aug 2011, 09:06 PM
Welcome to CK's Mergers & Acquisitions Theme Park - The BEST Has Yet to Come!
CK>> Still in uptrend position in such a volatile market, as its share price is strongly underpinned by disposal of Permanis to Japan's Asahi @ RM 5.77 per share. It is almost not possible for it to fall with such an attractive disposal value.

The entire disposal activity is expected to be complete on year end of 2011. I'm now waiting for the announcement on how CI Holdings is going to use the proceeds from this disposal. Either acquires new assets or else return proceeds to shareholders. Of course, I want it to return proceeds to me as I always like cash :D

Now waiting for it to fall back to RM4 level for me to acquire more. But, will it achieve this level again in near term as we are getting near to its final confirmation of the disposal deal? Will PepsiCO approves this disposal? Let's see~


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