Indeed when WW3 comes, d whole world market will come tumbling down, there will be bank runs, and we will lose our biz, job, savings and home, family , sanity and even own life! :( What should we do, what should we do, to safe ourselves ? :( :( :( Maybe tomorrow is the end of the world! Runnnn!( to underground bunkers?)

How do u know, Pj Chong?

Hi Talkrealreal,
What does CMY stands for?
In short, what are you trying to advise ?
You sound like you know for sure their plans....hmmmm interesting....

Business NewsHome > Business > Business News
Published: Saturday April 26, 2014 MYT 12:00:00 AM
Updated: Saturday April 26, 2014 MYT 7:01:53 AM
PMB has RM1.7bil assets

PELABURAN Mara Bhd (PMB) is the investment and asset management arm of government agency Majlis Amanah Rakyat (Mara) and has about RM1.7bil worth of assets under its management.

Set up in 1967, the group does private equity (PE) investments, portfolio fund management, unit trust management and provides corporate advisory.

It has four core investment areas which are the oil and gas, infrastructure, real estate and technology sectors.

In November, it said it was aiming to attract five to 10 Shariah-based investors to join Basil Property Trust, a global real estate PE fund and its latest fund initiative.

The fund is registered under the Monetary Authority of Singapore.

It is a collaboration between PMB and Al Rajhi Group’s AEP Investment Management Pte Ltd which targets business space assets like commercial offices.

There is a target to raise some US$200mil (RM662mil) from this fund by the end of this year, mostly from Shariah-based investors in this region as well as those from the Gulf Cooperation Council countries .

The internal rate of returns will reportedly be above 15%.

Business NewsHome > Business > Business News
Published: Saturday April 26, 2014 MYT 12:00:00 AM
Updated: Saturday April 26, 2014 MYT 7:01:22 AM
PMB pays RM41mil for 26.8% in container shipping firm BY YVONNE TAN

HAVING emerged as a strategic investor in loss-making container shipping firm PDZ Holdings Bhd, state-owned Pelaburan Mara Bhd (PMB) says it plans to use this vehicle for future asset injections.

“We feel that it is a good idea to go into a public-listed company (plc) with the clear objective of helping to turn around the company and create value for shareholders, which include us,” says its group CEO Nazim Rahman (pic).

Based on an average cost of 18 sen per share, PMB, an investment and financial services group which carries out direct and private equity (PE) investments, paid some RM41mil for a 26.83% stake in the company, it said in a filing to Bursa Malaysia yesterday, confirming an earlier StarBiz report on its emergence in PDZ.

The stake included that of PDZ’s major shareholder Robert Tan Hua Choon who sold off his 19.13% direct stake.

At 18 sen per share, the deal is raising some eyebrows as PDZ finished at 15.5 sen per share at yesterday’s close.

The stock had been languishing at the 8 sen level in early January. However it started to move up over the next couple of months and stayed in the 12 sen to 14 sen range until recently.

Despite this, PMB isn’t too concerned about the price it is paying.

“As an investor, we will generate returns in the form of dividends if the company does well, or if the price goes higher, there will be capital gains,” he tells Starbizweek.

This PDZ deal is the first major deal for former lawyer Nazim since he joined the group last year. It is also PMB’s first big one with a public-listed company.

“We bought into PDZ because it has a relatively healthy balance sheet; RM200mil in sales (although it remains loss-making), cash balance of RM24mil with borrowings of about RM6mil to RM7mil...”

This, he says gives PMB a platform “without much baggage” to bring the company forward.

“Compare this to taking over a company with a very bad balance sheet and having to spend a lot of time turning it around with a debt restructuring exercise and so on.”

Oil and gas assets

The plan for PDZ is still on the drawing board, Nazim says but hints that it will involve a possible injection of oil and gas assets into the company.

PMB he says, does not currently have any oil and gas assets though, but has identified “a few good ones” here and in Indonesia.

That said, he does not confirm if Efogen Sdn Bhd, the oil and gas company earlier rumoured to be a target of PDZ is among the assets identified.

“The plan is we remain as a strategic investor at this level and eventually work with the existing shareholders to acquire some good assets.”

There are also no plans currently to dispose of PDZ’s loss-making container shipping business, which is still affected by the financial crisis of 2008 that resulted in over-capacity and low freight charges.

In order for the acquisition of assets to happen, Nazim says that PDZ has to raise about RM100mil, based on back-of-the-envelope calculations and that will be done via a private placement or a rights issue.

He declines to provide details on this or comment on the prospect of the lack of interest of other shareholders participating in a rights issue.

On the possible injection of assets, Nazim says it could be paid for in cash or PDZ shares or a combination of both.

“Eventually, we would like to allow the entrepreneurs which are currently running the assets to own a stake in PDZ, we will not be the ones running the show.”

Still, he says nothing is confirmed as PMB needs to get in the company proper, to see what it can do for it.

Amidst this, questions are being raised as to why PMB cannot just acquire the said assets, build up value in the company and go through the initial public offering route thereafter, exiting from the investment like most PE investors do.

“That is an option but that would take a lot of time and we think now is a good time to go into a plc,” he says.

Liquid platform

What is important for us is to have a platform that is “liquid enough” to exit as a PE, says Nazim.

“I am not saying that we will be in there for the short-term, we are a strategic investor.”

If PMB was to inject an asset it owns into PDZ, the deal would be a related party transaction which means that it will have to abstain from voting to get the acquisitions approved by shareholders.

“If the other shareholders do not like the assets and the valuations, that is a matter of discussion, I think we can work on friendly terms with the rest.

“Again, the objective even for the rest of the shareholders is for their share price to rise and they want value...”

PMB at the moment does not have effective control and will not take up a management role at PDZ.

Nazim does not rule out PMB having board representation at PDZ moving forward.

U talking 2 me, gogo? I dun get yr question. Mind rephrasing?

As long as there is potential of making good, I'll continue to hold. Not Mickey Mouse stock. Can't be at this price, to begin with. Too cheap. Hehehe! And they r still collecting... Patient.

Hmmm looking at last Fri's Q, maybe not. Not after overnight profit. But they will definitely pump it up soon! Agree?

And Dato’ Yusli , exCEO/Executive Director of Bursa Malaysia Berhad is on Pelaburan Mara's board:
http://pelaburanmara.com.my/board_of_directors

Good! Good! ;)

Notice of Interest Sub. S-hldr (29A)

PDZ HOLDINGS BHD

Particulars of Substantial Securities Holder

Name Pelaburan MARA Berhad
Address Suite C-5-4, Wisma Goshen, Plaza Pantai, Jalan Pantai Baharu, 59200 Kuala Lumpur
NRIC/Passport No/Company No. 7240-P
Nationality/Country of incorporation Malaysia
Descriptions (Class & nominal value) Ordinary shares of RM0.10 each
Name & address of registered holder Pelaburan MARA Berhad
Suite C-5-4, Wisma Goshen, Plaza Pantai, Jalan Pantai Baharu, 59200 Kuala Lumpur
Date interest acquired & no of securities acquired

Currency Malaysian Ringgit (MYR)
Date interest acquired 24/04/2014
No of securities 233,248,670
Circumstances by reason of which Securities Holder has interest Off Market Acquisition and Open Market Acquisition
Nature of interest Direct Interest
Price Transacted ($$)

Total no of securities after change

Direct (units) 233,248,670
Direct (%) 26.83
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0
Date of notice 24/04/2014

Remarks :
c.c. Securities Commission

Announcement Info
Company Name PDZ HOLDINGS BHD
Stock Name PDZ
Date Announced 25 Apr 2014
Category Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
Reference No CQ-140425-46677

Friends,
We should be here to discuss stocks ( pro/cons). To make more informed investing decisions. Not spread rumours, fight with each other or main politics!

Instead, as investing community we should help each other prosper and minimize loss! Everyone deserves wealth to flow into their lives ;)

Huat huat hurray! Huat huat hurray! Huat huat hurray!

Brunei Lim, keep an eye on that CD ;) , make profit-run! good luck!

Enough volume. In fact huge volume! Yeah, maybe Raya rally coming!!!

Hi tawakkal, yeah I studied its historical chart. Wished I was there! Hehehehe! Anyway, let's hope Dsonic recovers n able to perform like before. Who doesn't want to be in the such speed boat ? Presently, very volatile. Dunno what will happen tomorrow...

michelle828
54 posts
Posted by michelle828 > Apr 25, 2014 11:53 PM | Report Abuse

Hi , Call warrant issue from which bank ?
---
ambank

Abundance, CA is issued by d bank not Dsonic. Here d bank is betting with u, the mother will not perform. Since d CA came into d scene, mother didn't perform that well....

Anyway, If mother doing well, CA will do well.

Tawakkal, yes, theoretically 1:1 rm2 if reached 4. What if at price rm3/ ? Will bursa approve? And if approved, the new price will be rm1.50?

Also note, d proposal was made during good times ( before price double nose dives) when it was almost rm5- heading towards rm6/-. If rm6, after bonus ( 2:1? Not sure now...) it's rm2/- Things had changed since.

We need more details, to discuss further.

yes, michelle828, I also read approval is subject to certain conditions . I'm also looking for the details ( not published at bursa announcement). No dates either. Nothing much can be found. Anyone can help?

Bonus issue is quite similar to a stock split, where d total number of issued shares increases, the ratio of number of shares held by each shareholder remains constant. In short, the new share price will go down ( after being floated with so much more volume).

If we know what's the ratio like and based on what price we based the 'split', we will know the actual price.

Posted by Cweed > Apr 25, 2014 09:03 PM | Report Abuse X

Once the 675,000,000 Bonus Shares float the market, what would be the new price per share ?
-----
Can someone answer my question? Any specific details on d bonus issue ?

I think it means it is dissolving a subsidiary. Usually, co takes such decision when it's investment is losing money/ not performing well etc. Usually is seen as a positive move. I, of course, stand to be corrected.

If d rumour is true - confirmed buyer like the case of Pdz, then yes, got future. If just talk n nothing materialized then this counter may lose steam... Kinda speculative counter.

I want to see how low it can go. 1 sen? I'll average out then and escape a free man! Hehehe! 1 full year towards that direction. On a more sober note, if mother do well, all call warrants will perform too. But if u guys r in for quick n easy money, it's higher to strike it at toto n 4D than here! Hihihi!

Once the 675,000,000 Bonus Shares float the market, what would be the new price per share ?

Some co, no real biz, but cash rich. Maybe cash fr trading co share ... Heheheh.... No good management would allow its share to head towards 5-6 sen leh... Why the shareholders allow such lousy management to stay and still lead a public company is a mystery....Would serious investors want to be shareholders of such co? Food for thoughts.... Heheheh.... Looks like this co, is in the biz of recycling shares... Heheheh!

This counter ok. New blood. Restructuring. Moving up, albeit slowly slowly...

A counter will be strong if there are mid/long term investors.

And This is what happened when people play the market for overnight profit. Traffic jam, motor trapped in a bad jam.... Dun kill the goose that lays golden eggs ! If target is much much for than 30-40 sen! why flock to sell at current price range? Sell at a higher price leeh.... Agree or not? More money mah.... ;)

During even a bad trading month, this counter still hold steady is very good oledi :) some counters simply can't tahan such external pressure! ( Ukraine crisis, mh370 MIA, HK/US markets softening etc...). Hold tight. Once macro economy eases a little , this counter will soar! Have faith.

Read theedge above? :) this co will be given a new lease of life.... Keep! :)

Brunei Lim, u huh? Hehe! I noticed u want immediate return for all the counters u trade. What can be guaranteed by FD is only 3% pa. Say u hold 1 yr counter such as this ( or better counters) , im quite confident u can earn more than 3%. But if u run here run there, punt here punt there, cut loss everywhere.... Susah ohh to reap much returns. Agree or not? ;)

Let's analyze. Confirmed buyer. Such high volume. Must be institutions who try to push d price down so that they can accumulate more n make more profit when it's time to up it again. Dun succumb to selling pressure. Hold n see who wins. D new owner paid 18 sen for it. Fr d market only 15-16 sen. Good deal. Hold! If lower, try to accumulate more!

Will definitely go up?

I feel ppl should not throw too early. Give it a chance to move up. And earn yourself more money.

Keep.

Will recover .They r going to main board.

What's d fuss all about huh? Only dropped 0.005 ! Hehehe! Most of d counters r red today! Any guarantee when we switch to new counters, there won't be worse loss huh?

I Tak pandai play ding dong! Hehehe!
On a bad trading day Tak usah jual... Jual Harga pun tak tinggi. I believe will go up soon. Sabar....

Today, I really no eye see. If it go down to 1 sen then only i average out hihihi!

Look at the Q! Analyze the trend. It won't be so easy like today anymore! Hohoho!

U really think it will fall until 24 huh? I think if u leaps this chance, u may not be able to get where u left off.... Hihihi... Market closing soon!

Choo, u bot any today or not?

Wah, good demand huh! Hehehe! Give in to 25.5 lah! Else tunggu sampai esok baru jalan!

Today cheap sale mah! I bot quite a bit... Now tunggu dia naik next few days.... Hihihi

I think if want to top up, still can at 25 sen.

25-32 sen is a good 7 sen. Hantam sama dia! Market not everyday down one oh....

Penny stocks earn faster! Hehehe! Only thing is u must pick the right horse!

30 too low leh.... Not the TP yet! Hehehe!

Don't sell, hold! Bagi Jalan!

See u at 40! But not today leh.... Heheheh...!

Acdc, today 32 sen? Sure or not? If today reached 28 most ppl would be happy oledi! Hi hi...

No more 24.5 oledi! .26 now! Hehe!