LTH have been accumulating share at 2.70-2.72 based on latest announcement. Not sure how is the progress.. the share price have not been moving for days. No sound no picture from KTT and Hunzpty management after the announcement.. No EGM announced as well......

the offer is now unconditional as OSKH and gang have obtained more than 50% of PJD share as of today

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4837469

hope the swap from mother to son ....... is not an one way ticket to Holland

I also had sold my PJD mother share at 1.55. but I swap some of the cash to buy the WC at 59 cents. With conversion rate of 1 to 1 and exercise price of 1 rm.. also it will only due by end 2020... still long time to go.. I hope it can recover my loses on the mother share... with the offer end, I hope the premium of WC will back to 20-30% for warrant which still have 5 years validity.......

I think I will sell my share to OSK under current market condition..I have no confident that PJD will stay at 1.56 after the offer end by end August. With such bad market climax... Some more Bersih 4.0 will take place soon and US interest rate may rise very soon.. Many other property counters have undergo correction this week... Despite market drop for 100+ points and PJD stay at 1.55, but why??? based on announcement we know it is because OSK is putting big purchase order at 1.54 and 1.55 for the take over... it stay at it current level because of the take over.........

Yes. I do think the offer is undervalue with the land banks etc, but now more and more counters are undervalue and soon may be even more undervalue if crisis happened... Will PJD EPS stay at current level if Malaysia go into crisis? Will the product of PJD cont to sell like hot cakes? Or they will hold on to their unsold properties/land bank as there is less buyer in the market?

We refer to the Company’s announcement dated 4 August 2015 in relation to the receipt of a letter from KTTHSB to revise the Offer Price for the Proposed SCR to RM2.90 for each existing Hunza Share (“Revised Offer Price”) held by the Entitled Shareholders (“Revised SCR Offer Letter”).

On behalf of the Board of Directors of Hunza (“Board”), we, CIMB Investment Bank Berhad as Principal Adviser and OCBC Advisers (Malaysia) Sdn Bhd as Financial Adviser, wish to announce that the Board, save for the interested Directors, has deliberated on the contents of the Revised SCR Offer Letter and has resolved to table the Proposed SCR to the shareholders of Hunza for their consideration.

The Board notes that save for the Revised Offer Price, all other terms and conditions to the Proposed SCR remains the same.



This announcement is dated 6 August 2015

Hi Hng33, may I know which broker do you use? Reason is because I also Q for WC... but my order seem to be quite behind the q... wondering if the broker firm I have my account with is the

I sold my PJD mother and warrant to wait. let see how much more can OSKH to further drop.. Must thanks the big boss which sell his shares in few thousands lots in seconds for allowing me to get the OSKH and perhaps WC at cheaper price than before...

seem like it is a better choice to sell OSK before ex date at 2.23-2.28.. with current share price of 1.78...the different is 45-50 cents. even minus 15 cents dividend.. still able to buy 1 lot of warrant with 30-35 cents different...

wondering if the big boss also operate in this way...

can any one advise the expiry date for the new warrant? it is 1 to 1 conversion ratio?

it is 8% from par value of 1RM. Which is 8 cents per share.

coldeye is one of the 30 biggest shareholder? perhaps there is great value in this share as he is famous for value investing.

someone throw 7xxx lots out and press the price down from 1.81 to 1.78 in seconds.. Guess OSKH may need some more time to gain momentum up..

For recent few weeks IGBReit are traded at 1.28-1.31 range. It is normal to have road block at 1.33-1.34. Given the dividend are 4.47 cents before 10% tax. Depending on how much most people get their share. They might want to clear position at 1.32/3 as US Fed meeting will take place tonight.

EPF may need the money to support index share... the index is 1-2 points below 1700 now..

if we assume the fair dividend payout for reit is 6% of the traded share price. Then IGBReit should received a fair price target of 1.49rm (0.0894 is 6% of 1.49rm). With current share price of 1.29rm, it is still a bargain for the time being as it is traded at a discount of 20 cents. Perhaps it is a good choice to preserve capital during the storm.

I also noticed constant growth in dividend payout since 2013 (based on the financial year not based on when it is paid)

In year 2013 -> .0343 +0.0361 = 0.0704
in year 2014 -> 0.389+0.039 = 0.0779
In year 2015-> 0.0447 + .0.447 (assuming it is same as the most current dividend) = 0.0894

constant growth of ~>10% spotted.

Hope I interpret the data right.
as compare to 2014 June 2014 result.
- 12.5% profit margin increase
- 5.1% revenue increase
- Increase of 11.7% in EPS
- increase of 14.9% dividend payout for first half year.

with
EX-date 07 Aug 2015
Entitlement date 11 Aug 2015
Payment date 28 Aug 2015

the dividend is out 4.47 cents. with better revenue and better profit margin

thanks hng33.

hi all, I am thinking along this line not sure whether it is making sense for you all... if the take over will most slightly a successful one. For now OSKP is traded at 1.94 and OSKH is traded at 1.85/6. why not I sell OSKP which I holding and buy OSKH at discount of 8-9 cents? OLH is giving me money to get more OSKH at lower price which will hold most share of OSKP.

I think can buy OSK for long term. However will it be possible for OSK share price to remain below 1.95 for 2-3 months?? till completion of the PJD/ OSKP deal- to discourage share swap, and encourage cash purchase.