down down down the drain

ready for the dividend

hoping to see more people selling... the pace is still too slow...

Target :1.5!

ready to go down to 1

one month time for us to see that

AA is being fined

Disposal again! same trick...

OTHERS PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN HEAVY MAINTENANCE GROUP PTY LTD (Announcement pursuant to Chapter 9.19(23) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad)
SIME DARBY BERHAD

Type Announcement
Subject OTHERS
Description PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN HEAVY MAINTENANCE GROUP PTY LTD
(Announcement pursuant to Chapter 9.19(23) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad)
(For purposes of this announcement, “AU$” refers to Australian Dollars, “RM” refers to Ringgit Malaysia. The exchange rate used for conversion from AU$ to RM is AU$1.0000 : RM3.0629, based on the middle rate as at 17:00 on 30 November 2018 as published by Bank Negara Malaysia.)

We refer to the announcement dated 30 October 2018.

Sime Darby Berhad ("Sime Darby") wishes to announce that the acquisition by Sime Darby Allied Operations Pty Ltd, an indirect wholly-owned subsidiary of Sime Darby, of the entire issued share capital in Heavy Maintenance Group Pty Ltd (“HMG”) for a consideration of AU$58 million (equivalent to approximately RM178 million) has been completed on 3 December 2018.

HMG and its wholly-owned subsidiary, HMG Hardchrome Pty Ltd, are now indirect wholly-owned subsidiaries of Sime Darby.

This announcement is dated 3 December 2018.

Apple will wait until at least 2020 to release a 5G iPhone
Read more at https://www.thestar.com.my/tech/tech-news/2018/12/04/apple-will-wait-until-at-least-2020-to-release-a-5g-iphone/#Ac7V8xPHBkhLZwb0.99

looks like the price is locked at RM 2.40 today

I see.. EPF?

Interesting, acquisition completed but stock still drops.. something is suspicious here

Agreed

Tired

early market still okay, suddenly it drops...

Too high

Wow!

@poseidon80, sure or not that it will up towards RM3?

Competition is too strong... possible that more disposal is on the way

If development is stuck then this company is as good as gone already

Yip

Double edged sword

All the best

Will go down further

Well said

go into the drain already

May be less than that...

Unpredictable market trend. Will people buy cheap ?

Not going to be so soon for Malaysia

Going to drop again

wow, disposal!

@swatteam, thanks for sharing. probably the management has considered to dispose some of their unprofitable asset and return them as dividend to shareholders. looking forward to that...

@poseidon80: going up to 3.00 is a bit too far fetched judging from current condition; nevertheless, should the management able to steer the company in right expansion, the day of TP: RM 3.00 might not be far

time for the moment where truth will be unveiled!

@swatteam: May i Know when did CEO hint of giving dividends resulting from the sales of logistic part?

Bull or bear? looks like bear to me

sharp drop!

drop

Hello, commonsense!

Yes, you are right about it.
Thanks for sharing.

Potential stock price: RM 2.70 (personal opinion)

At the moment, it is influenced by the negative news of plantation which holds the potential of the stock back. Industrial segment is going strong soon according to reliable source.

In a nutshell, it is a good share to buy or keep for the anticipated rebound.