Followers
3
Following
6
Blog Posts
0
Threads
2,288
Blogs
Threads
Portfolio
Follower
Following
1 month ago | Report Abuse
Must look at how much is the special dividend
1 month ago | Report Abuse
Will they privatise?
Will there be bonus issues?
Will there be special dividend?
1 month ago | Report Abuse
@AhPek
I agree with you
Biggest winner is SBagan
But all the three musketeers will up together with Great Eastern deal
Directly or indirectly all the three musketeers gain big harvest from this deal.
1 month ago | Report Abuse
Kuchai oso will up...
Together with SBagan n Kluang
All up up together
Lucky
Kuchai get 222 SBagan
1 month ago | Report Abuse
Dun worry
Kuchai, Kluang and SBagan all benefits together from the sale of Great Eastern shares!
Bumper harvest!
1 month ago | Report Abuse
Kuchai Development, will distribute the Sg Bagan shares to shareholders . It will distribute the shares on the basis of 222 Sg Bagan shares for every 1,000 Kuchai Development shares held.
1 month ago | Report Abuse
SBagan has been super undervalue!
Sales of Great Eastern shares will unlock the value of SBagan!
SBagan will get a big harvest of special dividend!
1 month ago | Report Abuse
The cash proceeds would amount to RM4.556 per Sg Bagan share, based on its outstanding share base of 93.7 million shares.
1 month ago | Report Abuse
Sg Bagan now owning 4.763 million shares in Great Eastern, which have a market value of S$121.93 million or RM426.88 million based on OCBC’s offer price
1 month ago | Report Abuse
Assuming Kuchai had held on to the block, the 3.032 million shares alone would be worth an estimated RM271.7 million (S$77.6 million).
Which means Sg Bagan had got the land and other assets from Kuchai for almost nothing
1 month ago | Report Abuse
When Kuchai’s shareholders gave the nod for the deal on Tuesday, the block of Great Eastern shares was valued at RM184.8 million
1 month ago | Report Abuse
The most valuable of Kuchai’s assets is a block of 3.032 million shares in Singapore-listed Great Eastern Holdings Ltd, the largest insurer in the region
1 month ago | Report Abuse
“For years, Kuchai shareholders had held on to the shares with the view that Great Eastern would be privatised eventually. This was on the account that the shareholders of Great Eastern were already clamouring for the board to take action to enhance shareholder value.
“When OCBC finally made the general offer for Great Eastern, the upside directly benefits Sg Bagan shareholders,” says the shareholder.
2 months ago | Report Abuse
@Birdie.
I agree with you!
Hidden gem
The goose that lays golden eggs!
2 months ago | Report Abuse
@ PureBULL
Why do u say KSeng is A1 stock?
How many acres of land does KSeng own in iskandar zone?
Where is it located?
What is the land cost?
Cash asset value?
Share asset value?
Hotel asset value?
Property investment value?
Property development value?
What is ,Ur prediction for the next financial years earning?
How strong is the future earning
2 months ago | Report Abuse
# Dompeilee
Congrats!
You took profit at 230/235
Cooling period....
2 months ago | Report Abuse
Kseng...
Is like a goose that lays golden eggs!
Hold tightly..
More to come!!!
HOLD TIGHT
HOLD TIGHT
More to come!.
2 months ago | Report Abuse
20 cents coming...
Hopefully later they give bonus issues!
2 months ago | Report Abuse
Looking for PureBULL
PureBULL.....come to KSeng station đź’•
2 months ago | Report Abuse
Insufficient media to cover this highly undervalue stock
PureBULL says
This is A1 stock...
We need PureBULL to highlight
JB theme play
No worries
Fund will soon know bout its value
Quarterly report coming out soon
This will reflect its value!
2 months ago | Report Abuse
Super A1 stock
Angel stock..
Hidden gem!
2 months ago | Report Abuse
Moving up non stop....
Chances are..
Deal will go through!
2 months ago | Report Abuse
Kluang Rubber will also see its equity in Sungei Bagan rise from 30.72% to 43.12%, following Kuchai Development’s distribution exercise of Sungei Bagan shares.
2 months ago | Report Abuse
SBagan up
Kluang up
Kuchai up
All related...
Hot stock ...hot...very hot!
2 months ago | Report Abuse
Kuchai and Sg Bagan shared similar business activities in investment holdings and rental of property, with the latter also carry out oil palm plantation activities. They are controlled by a common major shareholder, Kluang Rubber, who owns 42.2% stake in Kuchai and 43.5% in Sg Bagan.
22 Jan 2024
2 months ago | Report Abuse
Break resistance....
Strong..very strong!
2 months ago | Report Abuse
KUALA LUMPUR, May 10 — The Johor-Singapore Special Economic Zone (SEZ) could be a formidable competitive advantage in attracting fresh foreign direct investment (FDI) from multinational companies (MNCs).
This can be achieved by integrating Singapore’s global financial, logistics and advanced manufacturing capabilities with Johor’s access to competitive labour, abundant land and cheaper energy resources.
Maybank Investment Bank (Maybank IB) said Singapore enjoys wide and deep connectivity to global capital sources, while also serving as a gateway to the Asian markets, given unrivalled transport and trade links.
“MNCs are currently diversifying their supply chains away from China, and looking for alternative production bases as global competition for investments has intensified with rising impetus for countries to re-shore and friend-shore production.
“Against this backdrop, governments are looking to strengthen their competitive strengths to capitalise on this shift in supply chains and attract more foreign investments,” it said in a note today.
Maybank IB opined that there is scope for Singapore’s South-east Asia Manuf
Who has lots of industrial land?
kSeng....Pasir Gudang!
2 months ago | Report Abuse
Congrats @ Contrarian '
Speakup and Dompeilee
https://www.klsescreener.com/v2/news/view/1323039
HOT STOCK
2 months ago | Report Abuse
@ Contrarian
Vow!
Great happiness!
Huat Huat Huat!!!!
2 months ago | Report Abuse
Will SBagan privatise?
Will SBagan propose bonus is
Highly undervalue
2 months ago | Report Abuse
SINGAPORE: Singapore's second-biggest lender, OCBC, unveiled a S$1.4 billion (US$1.04 billion) offer on Friday (May 10) to buy the remaining stake in insurer Great Eastern Holdings and delist the company.
OCBC, Great Eastern's biggest shareholder, said it would acquire the 11.56 per cent stake in the insurer that it does not currently own. If it goes through, the deal will give the lender full ownership of the firm
The offer price of S$25.60 per share, a premium of 37 per cent, values Great Eastern at S$12.12 billion
2 months ago | Report Abuse
SINGAPORE: Singapore's second-biggest lender, OCBC, unveiled a S$1.4 billion (US$1.04 billion) offer on Friday (May 10) to buy the remaining stake in insurer Great Eastern Holdings and delist the company.
OCBC, Great Eastern's biggest shareholder, said it would acquire the 11.56 per cent stake in the insurer that it does not currently own. If it goes through, the deal will give the lender full ownership of the firm.
The offer price of S$25.60 per share, a premium of 37 per cent, values Great Eastern at S$12.12 billion
2 months ago | Report Abuse
Who owns Great Eastern?
Other than OCBC...
Kuchai SBagan or Kluang?
2 months ago | Report Abuse
SINGAPORE: Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) posted on Friday a better-than-expected 5% rise in first-quarter profit and made a S$1.4 billion ($1.04 billion) offer to take its insurer arm Great Eastern private.
OCBC, Great Eastern's biggest shareholder, offered a 37% premium over Great Eastern's last traded shares price to buy the 11.56% stake in the insurer that it does not currently own, valuing the insurer at S$12.12 billon.
It plans to delist Great Eastern from the Singapore bourse if the deal goes through.
OCBC, which is also Southeast Asia's No. 2 lender, forecast its net interest margin at the higher end of a 2.20% to 2.25% range for the full year. It had first provided the range in February
2 months ago | Report Abuse
Low
1.02 can buy n keep
Later will play up again
Look at HLCap
Later not affected by Dr Yu's YNH
2 months ago | Report Abuse
Wa
Going to touch RM5.00
Got bonus issues or not later?
Privatise?
2 months ago | Report Abuse
Undervalue!
Now only moving up
Can touch 18 ?
Hope directors give
1:5 bonus after ex dividend
2 months ago | Report Abuse
Chin Teck Plantations - Bolstered by Lower CPO Production Cost
Date: 2024-04-26
Firm: PUBLIC BANK
Stock: CHINTEK
Price Target: 8.38
Price Call: HOLD
Last Price: 7.67
Upside/Downside:
+0.71 (9.26%)
Stripping out i) foreign exchange gain (RM2.9m) and ii) net fair value gain on investment securities (RM3m), Chin Teck Plantations posted 1HFY24 core earnings of RM36.3m, up 12.7% YoY. The better results were in line with our and the street full-year expectations, making up 46% and 56%, respectively. In view of the stronger-than-expected results, we raise our FY24-26F earnings projection by 7-8% to account for improved OER and lower production cost. Maintain Neutral with a higher TP of RM8.38. No dividend was declared for the quarter.
2 months ago | Report Abuse
KUALA LUMPUR (April 25): Chin Teck Plantations Bhd’s net profit surged sevenfold for the financial quarter ended Feb 29, 2024 (2QFY2024) thanks to higher palm oil production as well as lower operating and administrative expenses.
Net profit leapt by 612.2% to RM20.8 million from RM2.92 million a year earlier. Quarterly revenue increased by 11.1% year-on-year (y-o-y) to RM51.26 million from RM46.14 million, thanks to increased sales volume of fresh fruit bunches (FFB), crude palm oil (CPO) and palm kernels (PK).
2024-04-18 19:59 | Report Abuse
Later fly non stop....like cresendo!...
N all the funds will rush in to buy!!!
2024-04-17 17:19 | Report Abuse
https://www.klsescreener.com/v2/news/view/1309889
Plenty of hope!
Wait patiently!
JB land assets is very valuable
Hidden gem!
JB will be the new Shenzhen!
2024-04-15 19:28 | Report Abuse
Will directors privatise Sg Bagan since most of the assets are parked here?” market observers are asking!
2024-04-15 19:25 | Report Abuse
@Contrarian
Wah n wah!
Good luck!
More may be in store for SBagan shareholders after this!
"WE" hold till bonus issues are out!
Stock: [SBAGAN]: SUNGEI BAGAN RUBBER CO (M) BHD
1 month ago | Report Abuse
Great Eastern share holders are given till 31/5 to sign n sell their shares to OCBC
Some minority share holders of OCBC are unhappy....saying that the offer to buy great Eastern is too expensive!
Let's hope that the deal will go through!