Rebound after all traders closed their positions due to contra play. :)

Privatisation is nothing strange to Krishnan... I think, it is in progress

Source: bursa website

EPF started to accumulate again.... seem promising :)


Wednesday, 16 Nov 2016

5:07PM ASTRO EMPLOYEES PROVIDENT FUND BOARD ("EPF") (411,500 units Acquired)

rm3 by today, I guess.... already announced bonus issue

keep it... back to rm3 soon :)

Hope genting bhd will privatise it at such cheap price. Labdmarks is an associate company of genting bhd

It is unwise that the company keeps buying back its share but never give any share dividend or cash dividend.

The company may also cancel all its treasury shares if the BODs has decided not to declare any share dividends forever. :)

I noted that some major shareholders buy n sell the stocks from time to time to make profit as there was no dividend given. But the company only buyback without selling treasury shares. I hope the company declares share dividend or cash dividend so that some major shareholders can gain from the performance of the company instead of buying and selling its share.

The sales of the hotel in china will be finalised or completed for the coming quarterly result. Cash inflow and profit on disposal will be realised. It may drive up its share price once the concerned sale is completed :)

Net asset per share was about 1.1+++, share price was about 39. If prop dev in aust continues to expand n profitable, then possible4its major shareholders to privatise it.fingers crossed

Mulpha has many treasury shares thru share buyback which can be given to its shareholders as share dividend

I expect mulpha to divest mulpha land n mudajaya n focus on prop dev in aust. Mulpha may declare share dividend for its shareholders like parkson or even declare cash dividend like mulpha land. Fingers crossed

Last financial year reported net profit exceeding rm100mil++... net asset per share rm1.1+++... just get few financial guys to write n publish about mulpha, easily rise 10% to 20% i guess :)

The major shareholder took so many years to turnaround talam and changed name and seeked for 2nd chance. I believe that they would do their best to this transformed talam :)

Very likely the price will be pushed up further . Expecting another round of private placement at higher price

looking at the queue, to buy and sell, more buyers than sellers... the quantity of shares to sell also was not many. Easily move higher it seems if the major shareholders continue to buy :)

major shareholders continue to buy the shares... the only way is up..... the retailers sell to major shareholders.... don't know the exact motive of the major shareholders.... wait n see... interesting...

Likely to rise further. How much? Nobody knows

Undervalue or intention to privatise maybe :)

Rising ... major shareholders continue to buy..

share buyback and giving treasury shares as share dividend can stimulate buy and sell or trading of the share. however, after getting free shares, some shareholders would sell some of it to get cash. This mad selling will stop

Instead of paying cash dividend, the co uses cash to buyback shares and give treasury shares as share dividend

The co has stopped paying cash dividend but share dividend in the past few years. 1 treasury share for 20 shares as share dividend was declared and the last day to be counted was mar 16. Those shareholders who need cash would sell some shares. The lelong will be stopped soon once the existing shareholders have sold enough for cash.

The co did not pay cash dividend. The co should distribute the treasury shares bought back as share dividend.

buanaz: we look at the issues highlighted by madey , if the issues highlighted make sense, then we would support it.... as simple as ABC... for MAS, in my opinion ,he seems to make good suggestion this time ...

This nationalisation also leads to higher corporate borrowing cost that will be passed on to consumers :)
http://www.thesundaily.my/news/1139098

madey seems right, this time. nationalisation by khazanah not privatisation if the deal gets through... http://www.thestar.com.my/Business/Business-News/2014/08/13/Dr-M-Privatisation-not-the-solution-for-MAS/

must read article.... hope some true private groups of companies would emerge to counter the offer price of 27sen by khazanah... or all these are just wayang, a higher offer price will be offered by others soon :)

http://www.nst.com.my/node/22578

wait n see, madey said, khazanah isn't suitable or not good for mas's turnaround.... hope he find others to takeover mas at higher price soon..

i think if khazanah hit the wall due to minority shareholders like PETRONAS in privatising misc, the offer price for mas could be raised, fingers crossed

I think mas is different from misc.... PETRONAS failed in privatising misc recently... I think for mas, khazanah would try to privatise it by all means as najib has given his full support. so, if there is resistance from minority shareholders like misc, they may up the offer price , fingers crossed

buy at 26 now, sell to khazanah at 27, profit = 1sen ... 1/26 x 100= 3.7%... commission for online trading is less than 1%.... still make profit >2.5%, not bad... no wonder , many investors are buying mas today at 26sen, haha

I think within this week, buy and sell in the open market will become: Buy 27 Sell 27.5 :)

another possibility : private groups are invited to offer the price to acquire the 30% not yet belonged to khazanah from the minority shareholders, fingers crossed

I think khazanah may revise the offer price at last, purposely offered at lower price, 27sen, later revise to 30sen or slightly more if resistance from minority shareholders are strong

PETRONAS tried to privatise misc but failed... would khazanah fail like PETRONAS to private mas also?

since khazanah has announced its intention.... soon, they would buy at 27sen from the open market , may be in a few days' time

investors buy now for revised offer price

confirmed 27sen announced on bursa website. if some investors appealed, may be raised to 30sen I guess.... like JTI , raised its offer price too

to please mas employees, minority shareholders, govt agencies, etc holding mas shares, 40sen and above I guess,, likely :)

Paid tajuddin rm8 when the market price was rm3.68 last time if not mistaken. So the offer price should not be less than 50sen this time. I think many mas employees hold mas shares too :)

http://m.kinibiz.com/story/corporate/100485/malaysia-airlines-shares-to-be-halted-on-friday-sources.html?login_error=0&status=6 up again today b4 being halted I guess :)

Fingers crossed. :)

Lowest offer price for privatisation is expected to be 30-40sen. It can go higher to 40-50sen to please long term minority shareholders to let their shares more willingly :)

Mas divests its investment in india and more money will flow into mas :)

http://m.thesundaily.my/news/1134097

Mas is getting more interesting with such news. http://www.nst.com.my/node/20656?m=1

almost everyday, more than 1% of shares issued traded, when they offer to take mas private, I guess, less than 10% not owned only, higher offer price also has minimum impact

Continue to rise till the announcement. :)


http://www.tv3.com.my/beritatv3/berita_terkini/Pelan_Hala_Tuju_MAS_Diumum_Minggu_Ini.html