sell while you can or buy while you can. maybe is a fake news

Pharmaniaga is the sole supplier of medical supplies (medicines & miscellaneous support) to Kementerian Kesihatan. Annual supplies is only worth RM1.36 bil. But YB Tony Pua found that the Gov is paying RM4.1 bil. Investigations will follow.

Pharmaniaga over claim the hospital. Supply only RM1.36billion but claim RM4.4billion. fraud case.

coming down

Under Sections 4.1(ii) and 4.1(iv) of the Offer Document dated 30 October 2017, the Joint Offerors have stated that they do not intend to maintain the listing status of Hovid and may procure Hovid to take the requisite steps to withdraw its listing status from the Official List in accordance with Paragraph 16 of the Listing Requirements (“Joint Offerors’ Intention”).
Bursa Securities has granted Hovid an extension of time of six months until 10 June 2018 to comply with the Public Spread Requirement.

Upgrade to Add with a narrower discount to RNAV
We upgrade the stock from Hold to Add with a higher RM2.70 target price.The recent pullback on the stock offers a good opportunity for investors to
accumulate.

eiterate BUY, with a new SOP-based TP of MYR2.67 offering 53% upside. DRB-HICOM’s FY18 earnings beat expectations, with a reported net profit MYR498.4m or core net loss of MYR601.6m (excluding a MYR1.1bn R&D grant). The better performance at its services segment (courier, logistics, and concession businesses) helped to boost revenue by 26.5% YoY. Honda continued to extend its market leadership, but this was offset by weak Proton sales. With Geely sharing 49.9% of Proton’s losses, this also helped to ease the pressure on DRB’s bottomline. We believe Proton is on track for a revival, as it works towards an end-2018 introduction of the first Geely-derived product, coupled with a revamp of its dealership network and improvement in production quality.

engine stop already

still the same old crop

the biggest problem with astro is the debt

Selling.is just on. See drop to rk1.80

I think another 20sen possible

Tpmis RM3.50

See can go up rm2.80

wait for drop to 1.60 than buy again

wct moving

The tan sri title maybe iwcity boss also lim

Buy if drop somemore

Is the same Malton and wct

so maybe just a fake news. once confirm the WCT will go up again

0.50

In 2001 it trade at rm50 sen

NTA IS 17.8 SEN VS SP IS 1.12

tengok dapat sampai 2.80

2.59

Tak ada gst sure kereta sales Naik lagi. ITU lah umw mahu ambilalih ITU syarikat.

MBMR STart moving

See drop to 6.50

See can drop to 2.20

Now only trade 0.33. buy hovid wb and convert.

The board of MBM Resources Bhd
image: https://cdn.thestar.com.my/Themes/img/chart.png

(MBM) is expected to seek a higher price from UMW Corporation Bhd in the takeover offer for the former.

Sources said Med-Bumikar Mara Sdn Bhd, the major shareholders of MBM, is expected to communicate to the board of MBM to negotiate for a higher price than what is on the table at the moment.

On Monday, 52.06% of Med-Bumikar Mara shareholders voted in favour to accept the offer from UMW for its stake in MBM subject to certain requirements and conditions.

Medi-Bumikar Mara also recommended to the board of MBM to form a task force to negotiation with UMW, acting in the best interest of the company.


In March, UMW offered to buy Med-Bumikar Mara’s 50.07% in MBM at RM2.56 per share. Med-Bumikar Mara initially rejected the offer but the privately held company that is controlled by six families and MARA, agreed to the deal last Monday.

“One of the conditions for accepting the deal is for the board of MBM to negotiate for a higher price,” said a source.

Medi-Bumikar Mara’s representatives on the board of MBM is led by Datuk Abdul Rahim Abdul Halim, who is also the chairman of MBM.

Abdul Rahim is one of the persons responsible for the start of Perusahaan Otomobil Kedua Sdn Bhd (Perodua) and is well aware of the legal issues should any one party want to take up a substantial stake in the automotive company.

It has been reported that MARA and two other families holding 52.06% interest collectively in Med-Bumikar Mara called for an extraordinary shareholders meeting of the privately held company to push through the acceptance to UMW’s offer.

A source said that on the face, the impression was the remaining shareholders in Med-Bumikar Mara are not keen on the offer from UMW.

“That perception is not true. The remaining shareholders who come from four families are keen on accepting the offer from UMW. The only problem is they want to secure a higher price before agreeing and putting it to the board of MBM,” said a source.

The jewel in MBM is its direct 20% stake in Perodua. It also has another 2.5% indirect stake through a joint venture with Daihatsu of Japan.

UMW has extended by six months the offer period, by which time it has to get the consent from Perodua’s Japanese partners.

Apart from a substantial interest in Perodua, MBM also holds dealership for Mitsubishi, Volkswagen, Volvo, Daihatsu vehicles. It assembles and distributes Hino trucks that is used for commercial purposes.


Read more at https://www.thestar.com.my/business/business-news/2018/05/03/mbm-resources-likely-to-seek-a-higher-price-from-umw/#72JVcawDEhYdi54D.99

See can go up to RM2.80,3.20

Egm

When approved

What next for.mbmr. wait.or buy umw

Mara support the deal

if you think can go through than better buy mbmr

No hope have to wait until october

I have astro offer me at rm22.00++ after I cut my subscription.

so long already. so ini kali boleh

They are no pushovers. Mara or UMW will find it hard to force the deal

Med-Bumikar rejected the offer from UMW on the grounds that the offer price was too low. It does not take into account MBM Resources' other businesses ranging from distribution of Volvo cars, assembly and marketing of Hino trucks and property development. MBM Resources also has a stake in Rubberex Corp Bhd, a glove manufacturer.

WILL NOT GO DOWN TO 2.00

See can drop below 2.20

today umw say not extend the mgo to all

At least offer at nta or 3.38

as expected

Got munchy

apex on e-commerce

Heard from my friend mention Sarawak distribution do not want cocoaland product because of more expensive and less profit margin