rm1.12 seems a decent price to go in...

MISC must be the worst performing monopoly ever...still remember it was once at RM9+...Read an article on MHHE (subsi of MISC) from the Edge. 700+ external suppliers bleeding it dry and many not qualified...Bet MISC the same!!!

Only conditional s&p signed. Need six months to complete. Once done aprx rm100mil to reduce borrowings and possible sp. Think got announced div @ 2.5sen less tax. Not much but better than counters that give nothing at all.

To make money, depress the price, accumulate shares cheaply when low, why not? Am not surprise they edi own upwards of 90% of the co. So up or down in price as easy as ABC... Jz my speculator mindset lol

Everyone who support buy 100 shares^^

If I am LHS, i would aftificially push the price down and accumulate via various 3rd parties. Why let outsiders benefit the cash windfall? If special div is announced, most would go to him and his family directly or indirectly. So accumulate when you think the price is right. Jz my opinion anyways.

Totally agree, Reits make up at least 15% of my portfolio now :).

LHS says will pay special div when rec'd payment....The Edge.

Buy now?!

According to the research house, the divestment will enhance LBS’ value in unlocking its China’s investment.The research house also said that LBS may pay special dividend to shareholders as part of the investment merits, which the cash portion constitutes at nearly 82% of the disposal’s consideration.It also noted that the group may declare bonus shares as its retained profit will be substantial after the divestment.“Other than the group’s steady cash flow, the cash will be used partly to expand LBS’ landbank in Malaysia for future growth,” it said.The research house also stated that with imminent substantial cash inflows, it is not ruling the possibility of corporate exercises.“There could be potential for privatisation if the share continues to stay undervalued for long,” said the research house.

SJ raises LBS fair value, says privatisation is possible

by Zatil Husna of theedgemalaysia on Thursday, 25 April 2013 08:19KUALA LUMPUR (April 25): SJ Securities Sdn Bhd (SJ Securities) has reiterated ‘overweight’ on LBS Bina Group Bhd (LBS) with a higher fair value of RM2.16 after the group’s proposed divestment of its China investment to Zhuhai Holdings Investment Group Ltd (Zhuhai Holdings).The deal will result in the group attaining 226 million new ordinary shares in Zhuhai Holdings at an issue price of HK$1.33 (RM0.52).After the exercise, LBS will emerge as the second largest shareholder with 16.78% in the enlarged Zhuhai Holdings.“It is worth to note that a recent research report by a stockbroker based in Hong Kong has a target price of HK$1.63 (RM0.64) on Zhuhai Holdings’ share,” said the research house.The research house said that the agreement is considered good, contrary to the market perception.“Zhuhai Holdings has proposed HK$500 million convertible bond for its acquisition, which is equivalent to RM200 million, intended to fund the first tranche cash payable to LBS upon completion of the agreement in the 3Q13,” it said.

Malaysian Daily, Maybank says otherwise...I also thought it was 6 mths....anyone knows for certain?

Maybank research says it is actually 12 mths and not 6 mths b4 a new offer can be made....=.=

I bought at 1.13, 0.96 and if drop further will accumulate more... think in the long run will be o.k. No worries.