Go, go, go MNRB.

Five hours to go. Today's AGM and EGM will be very interesting.

Money is there and is substantially invested in government securities (bonds) to earn interest, value of investments which includes government securities shot up from RM6.3 billion to RM7.2 billion over the 12 months.

It's hard to understand the cash flow statement as this is a specialised industry i.e re-insurance and re-takaful.

I remember the last private placement price was around 13 sen and the loan stock conversion price was 10 sen.

QR loss?

Latest quarter MNRB made EPS of 12.5 sen, full year 19.8 sen.

RM3 not possible because the share capital has more than doubled after the recent rights issue. It will be a slow climb because market sentiment is presently weak unless they declare a dividend soon. Funds will then start buying. Anyway at below RM1 it is a buying opportunity if you have excess funds.

QR out.

Haha, no one dares to throw chair?

Massive properties impairment next QR?

Tomorrow at AGM, throw chairs at the BOD.

Every time there's a dividend payment, the market price would be adjusted downwards on ex-dividend day.

I have put ASB on my watchlist.

Massive properties impairment?

Yes Mr Sslee, it's Winfields Development Pte Ltd. Possibly OCBC shares are held through this associated company.

Wow, in 1990 I yet to dabble in shares.

I don't think DGSB can make so much profits. Maybe Ho Hup might report substantial profits.

If a person bought MAA at 0.465 in January 2019 and sold in April 2019 for 1.05 and then reinvested the proceeds in Ekovest-WB at 0.18 and sold off at 0.53, how much percentage gain did he make from his original cost in MAA of 0.465?

3101575000, certainly not DGSB. I think it might be Winfields Development.

Usually Inari provides the bulk of the share of profits from Associated companies but not this time, so which Associated companies turned out to be gem this time?

Mr Sslee, any idea which Associated companies contributed the rest of the share of profits from Associated companies since Inari only contributed around RM7.5 million.

Bought at 70 sen today.

Added at 19.5 sen today.

Satu's emojis.

Wow

Now that the SCR is doomed to fail, the Offerors are expected to revise upwards the offer price. The Offerors have so much to gain from the successful implementation of the SCR, so they are expected to work out a compromise.

To revise the offer price, the Offerors have to request for an adjournment to the EGM. The SCR must not be put to vote on 29/5. After the new offer price is made, you need at least 21 days notice for a new date for the EGM. Supplement circulars would be despatched along with Independent Advisor's opinion and advice (which either remains the same i.e "not fair but reasonable" or revised).

OSK massive properties impairment?

Laxey funds no balls to make offer.

SCR doomed. How low will MAA go?

Gepoh83, the 12 months restriction was reported in today's Star Business Section.

Those who are eligible to vote at the EGM are those whose names appear in the Record of Depositors as at 23rd May, the last purchase would have to be made on Friday 17th May. Mr Balvin, you can sell off your shares when market reopens on Tuesday 21st May and yet vote against the SCR since you only deliver your shares to the buyer on Friday (T+2) as Wednesday 22nd May is a market holiday.

Unlike an MGO or VGO, in an SCR the offer price cannot be revised once the EGM is called. And if the SCR is not approved at the EGM, the Offerors cannot make another offer for the next 12 months.

The best traders are the contrarians.

If the SCR fails how much will market price drop? If you and your gang have 20 million shares, a drop of 10 sen means a loss of RM2 million.

Toyoink closed below 70 sen? Will resume monitoring again.

Bursa has today granted extension of time for a regularisation plan until 31st October.

People who want to fight for a better cash offer need to appoint a leader among yourselves to engage the Offerors like in MBf Holdings case.

Rifle Range Flats were built in the 1970s. You should be visiting Gurney Paragon at Gurney Drive.

Last Budget it was announced that income tax rate for reinsurance business be reduced from 24% to 8% effective from 2019. This ought to be reflected in the coming QR.

Did you come to shore in Penang?

What will happen to market price when the SCR is not approved?

Arumugam long time dead already.

birkin, you haven't sold your Toyoink?

Added at 2.09 today.

Added at 0.95 this morning.

Bought at 97 sen.

UOB Kay Hian Nominees (Asing) Sdn Bhd has 11,000 proxies.

Eh, Calvin, you tell other people to whatsapp you at 014******* but ask me to whatsapp you at 019******!