i believe that 2bil crps is just provision to acquire exxon assets if they succeed in the bidding. till now no news. with brent price like this, dont think exxon will proceed to release their assets. then, further dilution may not happen. at this price hibi is still way undervalue.
This counter very tricky one. It will drain you in and out. Go long and you will be rewarded. Low risk to enter energy related stocks now since they are just starting to pick up..choose wisely and you will be grateful later.. recovery play in the horizon.
value is definitely worth more than RM2. Even if not approve, I think TSM will revise his offer knowing the sentiment is improving starting this 2nd half which sooner or later will reflect on its share price. I am in for the long haul!
already making profit in June..lets wait how market will react..once they started giving div, at this share price, ratio wise its really good and this has not considered future price appreciation and low risk of entry.