JustHentam

JustHentam | Joined since 2021-03-19

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2021-03-30 11:30 | Report Abuse

Does anyone know the Premium for BIMB-WA in the last 12 months. Thanks.

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2021-03-29 12:33 | Report Abuse

As an minority investor, I do not really care who can get me a hire price as long as it is done morally right. BIMB is not here to do charity and if they can squeeze or safe, they will. Perhaps, they have alteady line-up the majar shareholder already and 'cut' an understanding with them. Minority usually have 'no' say and their interest are usually not protected. However, once in a while, the minority gets their way if the major shareholders also see a benefit to support the minority. So, if anyone can get more that 38 cents for minority, would a minority shareholder reject. Question is - why should BIMB offers a higher price?
BIMB will not give you a cent more if they can help it, so - no free lunch. If BIMB revise upwards, it is not because they are charitable, it is because they know something tgat we the minorities are not aware.

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2021-03-25 18:12 | Report Abuse

Sorry, may I know where can I get the announce that indicate that the buy-back price for BIMB-WA us MYR0.38. Please post the link or direct me to the announcement. Thank you

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2021-03-19 12:13 | Report Abuse

Just ask the IB advising minority how much tgey think the warrant is worth based on today's mother share price and how they derive that value. Get them to explain. They are paid by BIMB to do a job. Question them if not logical. Then, you have a basis to decided of its worth today and if you believe the mother is worth more in future (next 24 months), obviously the warrant also will goes up.

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2021-03-19 11:21 | Report Abuse

Exercising price is 4.72. There are more than 2 years to expiry in March 2023. Do your own calculation based on current BIMB share price how much it is worth in the open market today. Since this is a corporate exercise, the offerer usually nerds to offer an incentive to buy up the remaining outstanding from the open market unless the offerer believe BIMB is a distress assets, then they will offer at a discount. So, ask the IB who is advising the minority, do they consider BIMB a distress asset and if they say YES, ask them how did they form such an opinion.