Practice Makes Perfect
Kencana + SapuraCrest Merger Update (23-Sep-2011)
Chin Kok Tan
Publish date: Sat, 24 Sep 2011, 02:38 AM
Chin Kok Tan
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Welcome to CK's Mergers & Acquisitions Theme Park - The BEST Has Yet to Come!
CK>> Another big drop today especially for SapuraCrest. Can somebody just stop me from keep accumulating these two stocks? Please stop me, it seems like I'm getting crazy~ UNSTOPPABLE~ Call to my bank and ask them freeze my bank account please!!!!
CK>> Someone asked me "CK, what happen if this merger fail?"... Erm... Good question, but perhaps there will be no good answers for it. Must be a reason why I'm accumulating it, cannot be I so stupidly risk all my hard earned $$$ here right :) Hehe...
Like what I always said: "Be PATIENCE, the BEST has yet to come~"... Anyway, please stop me for step in further... Haha...
CK>> Someone asked me "CK, what happen if this merger fail?"... Erm... Good question, but perhaps there will be no good answers for it. Must be a reason why I'm accumulating it, cannot be I so stupidly risk all my hard earned $$$ here right :) Hehe...
Like what I always said: "Be PATIENCE, the BEST has yet to come~"... Anyway, please stop me for step in further... Haha...
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we are not only worrying of merger fail, but need to consider if the new share of IKSB fall heavily after merger~~
2011-09-24 08:05
this so fixed price were set before peak, after cash payout, will the share still worth that price? look at sunway.
2011-09-24 10:22
Yeah, if you believe the deal can get thru, then you dont have to worry on IKSB as you may have different trading strategy on it~ Example: Sell it before de-listing?
Or else, If you can gain 30% now (if you really think merger can get thru), do you able to afford to loss 30% when IKSB first listed (drop immediately from RM2.00 to RM1.40 at 9am first day listing)? Why not? Remember, some % of $$$ will be cash back, and some % of $$$ are converted to newco share, so at the end, you still earn few %.
Pre-requisite of all of this is: THE MERGER DEAL MUST GET THRU SUCCESSFULLY~
Good Luck, to me...
2011-09-25 00:55
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
patience
investor viewed the merger offer excessive... and valued the merged entity's share @ 1.40 instead of 2.00 per share !
2011-09-24 07:39