I long time invest in this counter. Price up and down I add only. I like because:
1) Good dividend yield.
2) Selling below NTA.
3) Cash rich.
4) Trading at low P/E Ratio.

I still feel that this share should be way over RM2

USD up against RM. Will be good for FLB.

Sigh. Let's see what happens at the AGM/EGM

Private placement. Dilution of share holding, EPS down. P/E Ratio up. Hope the money can generate additional profit.

X70 still being fully imported (CBU). For now, not helping OCN. CKD operations will only start end of 2019, not sure if they have got the contract for the CKD X70. Anyone got inside info?

With they way the board keep.issuing shares, EPS getting diluted. Go 27 cents also happy already.

Next AGM we must vote NO to BOD issuing shares.

Markus would be a better person to ask about the numbers. I haven't join the whatsapp group as yet. Now would be a good time. TY will be making a killing at 1.10, he can easily offer 30% more and would still be a good deal for him.

Now, is there 10% to reject (excluding the non-entitled shareholder)? Or have they done their calculation and have enough?

The opposite can happen too. Independent Directors reject the offer, TY counter with higher offer. I think it is a planned game. Make low offer, than up a bit everyone happy and agree.

If he made first offer at 1.30, we not happy and we will ask for more. Now he make offer at 1.10; then TY up offer to 1.20....we happy he more happy ...Hahaha

Sell now and buy back once goes into the fourties. Than wait for recovery/end of trade war.

Meaning? Buy don't buy? Target price?

Today announcement asking for renewal of related party transaction, share buy back etc. Major shareholder doesn't believe deal will go thru? So no longer taking private? Will this mean share will drop back to 0.60?

I believe the share price headed down because of the pro-longed trade war that has effected PANTECH. Initially everyone thought trade war was going to end and share price started to go up. Yesterday Trump said tariff will continue until China implement all the agreements made. So share price back down. Might go back down below 0.50.

This month alone almost 600,000 shares issued under ESOS + distribution of treasury shares. Earning per share will be diluted & make the PE ratio to go up.

Bila itu independent report mau keluar?

I keep looking out for stocks that meet my criteria of value and dividend yields. FLBHD is one of them. Buy and keep, you won't go wrong.

I am hearing both side of the arguments. Both also have valid points. Main shareholder trying to to buy out cheap. If deal doesn't go thru, share price will drop.

Let's wait for independent report, see directors recommendations. Supposedly the non-executive directors will protect our interest.

Dividend ex-date coming, but people selling shares. Why?

Puspakom might be loosing monopoly on vehicle inspection. Wonder how this will impact DRB financials?

Very

Soon will have house brand for personal care items at Constant Pharmacies. Wonder how much will this help in getting EPS up?

Given FLBHD hostory, if director buying, we also better buy more

Hope TY, via friendly party or proxy, mop up a lot of shares at 1.00. Later raise offer and the additional cost not that much. As most already belong to him.

So many people sold their shares today. Even lower than offer price, why they cannot keep for a while longer and sell at 1.10? Like this TY offer is very good. Many people think 0.99~1.03 is already good. So 1.10 must be great!

Results were horrible. Quarter 4 suppose to be best quarter. EPS for Q4 18, comparing with prior year Q4, is the worst since company got listed. Keep issuing shares, esos etc, only make minority shareholder poorer.

any additonal update on:
@theong = 500000
@markus & partner = 1290000
@balvin & friends = 1694400
@navinshah = 1292000 ?
@jamesooi & friends = 5510000

Yes, I agree with all the comments above. RM1.10 is too low of an offer. Maybe it is a game, later independent say offer too low and than increase a bit to make people happy. Hahaha

After many years in PN17 with no new core business in sight. Only now privatise. Maybe TY take MAA private first, than later re-list and make millions more with a new core business. Minority shareholders always get screwed!!

EPS very bad. Keep issuing shares and no additional return. Must not give board authority to issue issue shares.

Better if all of us write in. Than they see many shareholders not happy.

JamesOoi, what is your take? You have been giving very sensible advice all these years.

No sellers....only buyers

Results not good. When will this counter turn around?

ASENG, Why sell at 1.8x? I estimate worth R3.20 based on dividend yield and forward looking P/E.. Even if discount 10% from RM3.20, still worth RM2.88. Only sell at 2.8x.

Fabien, I like your calculation it is very conservative and very safe. 1Q18, EPS abnormally low. Can keep on adding till hit target price.

What happens if offer is rejected? Not necessary he give higher offer. Maybe no revise offer, than stock go back to RM0.40. How?

I think 1.1 a bit on the lower side. Let us wait for Affin to advice us.

TY cannot vote. Need minimum 75% voter to agree and no more than 10% to reject. Should we hold out for higher offer?

We can speculate, better wait till announcement this evening.

At AGM, TY many times said no intention to take private.

If core biz....price will double!!! Keep fingers crossed.

Capital repayment need suspension? Maybe buying a core biz???

Hope every quarter got 3 cents dividend = 12 cents per annum.

Wait, don't collect. Make money other place first. No volume here.

My company has stopped using PosLaju for our ecommerce division. Too many complains/shipment not received etc. For major cities, we have moved to other courier with better service. PosLaju need to have better customer service training for their employees. Ecommerce biz growing, but POS won't see any benefits. Only to places where others don't have good coverage.

Hope this year also can get RM0.16 in dividends. Better than put money in the bank. If this results every quarter, price can go RM3.20. Need to watch USD exchange rate with MYR and continued ban on log exports.

New Iriz and Persona coming. With "Hi Proton". This will capture biz from Perodua, Honda & Toyota. I am waiting for QR and hoping to buy on a dip.

Had a good run. Tq everyone.

Agreed. RM0.03 dividend I think is a given. Hopefully can get RM0.06 :)

Target Price?

Low P/E ratio. High dividend yield. Net cash. RM2.00 still considered cheap.