99.5%, now let the mother share fly!

passes 99%!

all the best guys! sometimes there is no right or wrong decision, it just options to take. some maybe feel it safer to surrender

despite pnb & yayasan been disposing their holding almist evryday, the price has been steady

almost all recent target price by IB also > 4.72

ziyan, of course the proxies cannot be seen on paper.. lol

test

im not talking big, revolution etc

its simple, to be heard we need to unite, act together.

i still dont get it why take the hassle & risk for 5%++, while u can enter again after the ccm. worst part u accuse us to mislead others.

if the soa approved and the wa buyback remain at 38sen, no way the warrant price can shoot byond 38sen, unless the mother shoot more than RM 5.10 b4 June 2021

okay, agreed somehow. but that 5.5% if only the deal go through, how can u compare it with FD? u play share for this rate return? my point is u can easily get back at 36 sen or even lower after the ccm if it pass at 38sen.

why stay to say yes and take the risk, we should just ask for fair price.

anyway, my average price is way below 30sen :)

should be minimum 20% premium than the vwap since the remaining warrant tenor is almost 30%?? LOL

50sen is nice number tho ;)

who is with me? let show them our unity.

why dont we just flood in the text during the online CCM on our demand price the moment it starts.

but 1st, lets agree to 1 price, 50 sen? auditor insist for 80 sen maybe. lets discuss here. im personally disagree..

warned u guys, no logic to hold & vote yes for just 2 sen upside.

i repeat, u need to wait another 3 months for that additional 2 sen, while the downside risk is even higher. Regardless it will be passed at 38sen or the ccm fail, the wa price will be lower than 36sen in the afternoon after CCM.

So pls EXIT while u still can now at 36sen,

OR

lets join the force! Be ready to vote NO if no revision is declared in the CCM.

old man ziyang,


Description RENOUNCEABLE RIGHTS ISSUE OF 426,715,958 NEW ORDINARY SHARES OF RM1.00 EACH IN BHB (“BHB SHARES”) (“RIGHTS SHARES”) TOGETHER WITH 426,715,958 FREE DETACHABLE WARRANTS (“WARRANTS”) AT AN ISSUE PRICE OF RM4.25 PER RIGHTS SHARE ON THE BASIS OF TWO (2) RIGHTS SHARES TOGETHER WITH TWO (2) WARRANTS FOR EVERY FIVE (5) EXISTING BHB SHARES HELD AS AT 5.00 P.M. ON 12 NOVEMBER 2013 ("RIGHTS ISSUE WITH WARRANTS")



2 rights shares & 2 warrant for evry 5 existing share at issue price of RM4.25 per right. that time share price about rm3.2, so they bought the right at premium of RM1 each. dont talk rude even if are an oldman.

ziyang, yes the warrant is free. but to get the warrant they subscribed the right issue at premium of RM1 vs the share price that time. so the warrant cost is RM 1.

yes the warrant price has been out of money until now. but the warrant has almost 3 years life span left. historical warrant price is not the benchmark for the next 3 years!!

how can bimb say this is the right time to realize our investment when the mother share & the business doing well every year?? market for bank ‘s valuation is on the low side now.

buy back of the warrant must be at premium to the market price, not vwap.


imagine if sc allow this, next time any company can do right / withh free warrant and to cancel it when market & valuation is at their advantage? minority & retailers will always be on the mercy of the institutional??

BIMB raised billion of capital on the exercise in 2013 now telling the market they dont have the cash is funny.