cut cut cut! next round 0.20! haha

But... RM26m (58%) of systech's total assets is goodwill... compared to IFCAMSC's goodwill is only 15% of total assets... so what does this imply??

not too late... join in the hype... next round 3.5!!

anyone know why the ceo resigned? ...

Tambun Indah can embark on other land banking opportunities
By RHB Research Institute Sdn Bhd / RHB Research Institute Sdn Bhd | November 13, 2014 : 9:24 AM MYT

Maintain “buy” with a lower target price (TP) of RM2.50 from RM3: Tambun Indah has terminated the deal with TPPT Sdn Bhd to acquire 209.5 acres (84.9ha) of land, as certain terms were not met. The land, adjacent to the southern side of Tambun’s Pearl City, costs RM150 million (RM16.50 per sq ft).

As certain conditions were not met, and given that expensive charges could be incurred if the period is extended, the management decided to call off the deal. The RM15 million deposit paid earlier will be refunded. While the market may be disappointed with the news, we think Tambun’s solid management team and its over 500 acres of land bank in Seberang Perai are still the company’s key selling points.

Moving forward, management can still embark on other land banking opportunities. The management’s execution track record is proven and the strategically-located Pearl City is still the key township in Seberang Perai Selatan to capture the rising housing demand there. Meanwhile, we also do not rule out the possibility that the deal could happen again, given that only Tambun has access to the land.

Tambun is scheduled to release its third quarter of financial year 2014 results in two weeks’ time. Underpinned by the RM493 million unbilled sales, earnings should be largely on track to reach our full-year forecast. In view of better earnings this year, we also expect the interim dividend to be higher than the 2 sen declared last year. New sales, however, will likely be slightly weaker due to the lack of new launches during the quarter.

Our forecasts are unchanged as the land is not planned to be developed over the next two to three years. Nevertheless, we expect the latest news to bring some weakness to share price. For now our TP is lowered to RM2.50 (14.7% upside) from RM3. We maintain our “buy” rating. — RHB Research Institute Sdn Bhd, Nov 12

http://www.theedgemarkets.com/my/article/tambun-indah-can-embark-other-land-banking-opportunities

so when is the ex-rights date?

why today so high volume selling? ... is it due to insider info that the quarterly results will be weaker? ... now can enter??

KUALA LUMPUR (Nov 11): Tambun Indah Land Bhd today terminated the conditional sale and purchase agreement (SPA) that proposed to acquire 27 parcels of freehold lands from TPPT Sdn Bhd, which spans almost 210 acres, for a purchase consideration of RM150 million.

The SPA was entered into between Tambun Indah’s wholly-owned subsidiary Palmington Sdn Bhd, and TPPT on Jul 11, 2014.

According to Tambun Indah’s filing to Bursa Malaysia today, upon the termination of SPA, a refund of deposit that amount to RM15 million shall be expected from TPPT no later than 21 working days.

Nonetheless, Tambun Indah also mentioned that it will continue to seek opportunities to build up its landbank further.

The property stock shed eight sen or 3.54% to RM2.18 today with 614,600 shares traded.

Source : http://www.theedgemarkets.com/my/article/tambun-indah-calls-rm150-million-land-purchases

"theoretical ex-rights price of RM2.33" ... what does this mean? after rights issue their price will be at RM2.33 theoretically?? .. lol

is this overreaction from market?

rm2 tmrw?? then can buy in? lol...

matrix or tambun???

come 4.25???

today close below rm1... next stop 80sen?

will the rights issue the dilute eps? ... by a lot?

when can buy in? ... 3.1?

please drop to 4.5 ... lol.. then its okay to buy in?

thanks 沧海桑田! ... anyway, what u meant by "buy the warrants" is converting the warrants to the mother share right? ...

Hi everybody... just want to clear my thoughts about the rights issue.
So INARI's right's issue is RM1.50 with a free warrant of RM2 conversion price...
This means I will paying RM3.50 (RM1.50 + RM 2) for 2 shares? ... which is much cheaper then buying 2 shares from the market (based on current market price) which is RM6.50 (RM3.25 x 2)??
Is this all correct?

Thanks in advance guys!

their news on the saudi project is due to announce by this month end?

is a downtrend coming? lol... or just support at 4.63? can buy in now?

lol.. fake news?... 123456's post is gone

you've contacted? is this true?

nickfury... can teach me how you calculate that dilution of eps to 1.22?

or it just means by september 2014 ... lol

news for tender with saudi aramco to be announced by 14th september?

propsed share buy back of maximum up to 10% ... this is good?

when is it gonna retrace?? ... lol

good day tomorrow?? lol

yeap just got the advise from my broker... still thinking on how will subscribing for the rights will prevent any dilution... anyway thanks yi chuan! :)

hi.. any pro can tell me how to subscribe if they got right issue? ... and also even if the director (ie dato thong) has been disposing quite a number of his share, does it indicate anything?