Get out of the frenzy you have created for yourselves.

Take a step back, have a KitKat and consider..

What will happend to PJDev, the one least controlled by OLH, when the music stopped and your spotlight, yes your own spotlight, is no longer shining on it? Still > 1.60??

Human nature....

If OLH gets his way to control more % of PJDev.... PJDev maybe growing at 20% in 2015... else he put his efforts somewhere else.....

OLH will take his time to do something good for PJDev.... 3, 5, 8 years later, maybe

After all, he already has his hands full with OSK, OSKProp which he controls more

OLH is an exprerienced IB, stockbroker.... would he make this kind of blunder?? Not likely.... but according to plan.

If you are one of those in the frenzy..... take a step back, take a KitKat and consider..... the meaning of the V in the VGO??

IT IS JUST A VGO!!

Just think, can you go and sue or get SC to force the buyers who have keyed in to queue to buy PJDev at 1.33 now??

Just think, can you go and sue or get SC to force the buyers who have keyed in to queue to buy PJDev at 1.33 now??

The risk is....

Then...... these people have come together and wrongly talked themselves into a frenzy then before the announcement.

Now....... these people are coming together and wrongly talked themselves into a frenzy again now by wanting SC to do something.... when it is just a VGO.. IT IS JUST A VGO!!

OTB, Thanks


This has never been the merger that all of those who bought into PJDev before the announcement were hoping for. These people have come together and wrongly talked themselves into a frenzy.

It is a restructuring, no doubt about that, but the PERSONAL restructuring of OLH's personal assets, with the major aim to control OSK the jewel.


When pressured, it would likely mean OLH will just withdraw the VGO to the minorities and proceed to transfer his 30+% to OSK.... as the major aim is to control OSK the jewel.


After this restructuring, out of the 3 companies, PJDev will be the smallest and which OLH controls the least ie just 30+%..... I foresee OLH will focus on OSK first, OSKProp second and leaving PJDev to be the last.

In this process, PJDev will not see development in many more years to come and its share price will drop..... OLH will then make a VGO again, knowing him it will, of course, be at an even lower price than the 1.60.