sustainable but has political risk. best assumption is no toll rate increase and flat traffic... i think at current low interest rate environment... its may be worth 4.50 to 5.00

low ROI but Big in Assets. need to make their money work. good for low return safe investors. bad for investors who wants high growth. congratz to those who bought cheap but pls chose to sell at desired price

penny as in below 10 sen... more like 5 sen

KV is in here best to stay away... heading towards penny stock

next week will steady at 1.97 and by mid Nov 1.98.

scientex will be working very hard now to secure the acceptance from public mutual.

normally by the first closing date a fund would have made their decision. they will not take the risk of non extension by the offeror.

my reading.. its sad for Scientex to only secure 4 % from the offer so far. i still feel Scientex has missed something or they may have some tricks up their sleeves.

sorry ignore the "not" in comment above.

normally the first cut off date is the low hanging fruits. retail and ppl who want to exit. next round the offerors will call brokers to inform the clients who are not holding large blocks to inform them abt the offer and the next cut off date.

follow IJMP GO acceptance and you may get the trend. i think public mutual is staying on which is positive for those who wants the company to stay listed.

they normally wait till the cut off date and submit all the acceptance forms together a few days before the acceptance date. hence, it may be collectively retail investors from all over the country.

@ observatory. u may be right that a huge block of shares came in on 20 Oct. but i doubt its from Public mutual. coz most brokers do not submit the acceptance form immediatelly after transfering the shares

i will not sell my shares in market but may just accept the offer and hope for a revision by scientex. hope logic prevails in all shareholders including scientex and the funds and resolves this saga in a win win deal.

thanks @ observatory. u seem well versed on bursa rules. learnt lots from you. thank you again.

not sure IF appolo and samarang are accepted as "Collective Investment Scheme" by bursa. i hope its a blanket approval by bursa as explained above.

i do not know if public mutual has accepted. just an assumption if they accept, scientex will get 75%.

i am a shareholder of Daibochi.

looks like thats where daibochi will head if appolo and samarang does not accept offer or if scientex does not increase the offer price. may result in a lose lose situation.

a suspended but not delisted company will still need to comply all bursa requirements. which can b a pain to most companies and shareholders. which will result in bad irrational decisions.

since appolo and samarang are substantial shareholders ie collective 10% and 5% or 15%... daibochi will not meet public sharholding of 10%

having less than 25% public sharholding... bursa will not suspend but less than 10% is immediate suspension. but no delisting until 90% supports a delisting.

when scientex hits 75%, Daibochi will not meet the 10% public spread requirement which means immediate suspension as Appolo and samarang are deemed substantial shareholders.

another 100M cash in the company.

cant go wrong in hospitals.

1.00 to 1.05 will be target if deal is off. collect and wait for next deal to happen.

beside valuation ect.. we also got to think will scientex launch a 350M GO without much thoughts?

is there something else we r missing?.. who is appolo and samarang holding the share for?... just a thought.. hope some one can help.

at 75% daibochi will be suspended but still listed as they dont meet 10% spread. is that the game plan?.. will that go well with the funds?

just wondering did Scientex launch a 350M GO to just achieve 68%? or even if public mutal sells its 75%?.. quite sad isnt it? a scientex shareholder will surely wonder why?

better dont privatise its worth 2.00 if compared to IHH and TMC. they are surpressing price down.

@iknownuts.. thank you for highliting thats one Mr.Chua bought the warrants at 31.5 sen within 6 mths prior to the offer.

though we know the independence of the reports were not independent after all based on all your comments and workings. good governence and independence is always impotant to achieve the desired results or else the saga may just continue.

thank you @ observatory and iknownuts for your inputs. under good governance i agree with both your comments. hope sceintex plays fair with minorities of daibochi..esp with RPTs in future.

u will never win against this gang of raiders/ operators.

gang lambo, AT, Fintech sudah masuk. RUN. soon 10 for 1 consolidation and rights issue to take money from retailers.

why is the warrants lagging behind. great discount.

yield investors can pile on more.

SM is not a good businessman and has always know to screw his shareholders. even pnb had to run away at 2.00 when the IA clearly said its worth 3.30. sad day for malaysia corpgov... but great day for shortterm investors.

also why did Scientex offer a premium to warrant holders? another long term fund public mutual funds hold abt 8%.. lets see their position on this saga.

technical charts all bullish.

may this be the start of CHhB to come back?

if apollo and samarang rejects RPT resolutions, Scientex cant capitalise their holding in Daibochi. no added value.

will scientex be prepared to hostile minorities to approve future RPT at next AGM. or sacrifice good business decision for EGO purpose to fight minorities?

when market is hot about hospitals, there is no need to be worried. even no privatisation price will hold well from all past price actions.