GiveMeFive

GiveMeFive | Joined since 2014-04-11

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Stock

2 weeks ago | Report Abuse

Taiwan has their own calendar called Minguo (民国), Mingus 111 is gregorian year 2022.

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2021-04-07 16:02 | Report Abuse

lehubeng, this happened when market opened at 2:30pm, one buyer want to buy 4,000 lots at 0.045 and a seller willing to sell 4,000 lots at 0.04 (so, he/she queued in front of you at 0.04), and hence a transaction of 4,000 lots at 0.045 done but not from you.

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2016-05-31 21:02 | Report Abuse

This double takeover is too glaring that the minority shareholders are bring cornered and unfairly treated. If not careful, the IPS's IAC could render the authorities to disapprove the takeover and derail this plan.

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2016-05-31 19:21 | Report Abuse

Victim of delisted companies, my friends you are not alone lah :(

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2016-05-31 13:50 | Report Abuse

Chen has all the rights to takeover a listed company. He sure won and even be honoured if he care about the minority shareholders.

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2016-05-31 12:54 | Report Abuse

A kaki of mine was very upset about this unfair takeover and bet to fight till fairness prevails even meaning RM25,000 (5,000 lots x 0.05) vaporized.

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2016-05-31 11:22 | Report Abuse

Hi, thanks to care to explain why Chen needed to use the service of RHBIBB. Care to share your option? :)

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2016-05-31 11:15 | Report Abuse

With the announcement of the revised NTA of no less than RM0.21, hopefully a foreign fund with buy up all the "dirt" cheap shares from the market.

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2016-05-31 10:03 | Report Abuse

If the motive of the offeror is not to acquire 100% of the shares, he don't even needed to spend a cent to get RHBIBB to initiate the takeover exercise. He can easily get his friendly parties to force the company into delisting status. Wonder why?

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2016-05-31 05:28 | Report Abuse

TheContrarian, thanks for a clearer picture of this delisting issue.

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2016-05-30 22:49 | Report Abuse

TheContrarian, could you elaborate a bit more on the scenario after delisting? Do you mean if the offeror really need 100% of the shares, he will have to make private arrangement with those holding the delisted shares at mutual agree price ? Thanks

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2016-05-30 13:54 | Report Abuse

So IPS recommends holders to REJECT the offer. The RNAV is likely to be higher than RM0.21.

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2016-05-30 12:56 | Report Abuse

How much weight is the IAC's recommendation in the eye of the approval authorities ?

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2016-05-30 11:14 | Report Abuse

Bursa/SC should not delisted a company under takeover offer so that the offeror take advantage of the effect of delisting.

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2016-05-30 11:08 | Report Abuse

Delisting is a powerful weapon of bursa to make listed companies to toe the line. Now is a tool for takeover offeror to force through their unfair offer price.

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2016-05-30 09:32 | Report Abuse

I am happy to take up the offer if the offer price is revised to the published NTA of RM0.145. Some said that the revaluated NTA could be more than 25cent .

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2016-05-30 09:08 | Report Abuse

Offer price of not less than NTA should be a criteria of SC's approval for the takeover.

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2016-05-30 08:51 | Report Abuse

Hi, be fair to the remisier/broker. They are not part of the takeover party and most of them just there to earn a honest living. With the current market conditions, most hardly earn enough commission to meet ends needs.

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2016-05-28 23:12 | Report Abuse

jt888, thanks and hope we will be given a more reasonable deal :)

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2016-05-28 05:51 | Report Abuse

"file not find" :( jt888, could you cut and paste the contain here. :) thanks

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2016-05-27 10:26 | Report Abuse

Please anyone who has friends in the mass media to report this unfairness and unreasonable offer in all newspaper.

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2016-05-26 08:57 | Report Abuse

The offeror could easily acquire shares from the market so to hold 75%. Why is that the offeror invoke "take over" which incur RHBIB consultation fees? Why emphasis strongly that the offeror does not intend to maintain listing status?

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2016-05-22 15:17 | Report Abuse

It's very clear that from the offer document that "YOU DO NOT NEED TO TAKE ANY ACTION IF YOU DECIDE NOT TO ACCEPT THE OFFER"
Read section 5.1 & 5.2, and be a dissenting shareholders and let the offeror to invoke the provision to compulsory acquisition.
Just my personal opinion.

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2016-05-20 12:52 | Report Abuse

How to convince SCM that the offer price of 5 cent is unfair and unreasonable ? Market selling at 5 cent also not a single soul want to buy :-(

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2016-05-09 16:29 | Report Abuse

Aiyoo, market price selling at 5cent, also no taker!!

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2016-05-09 16:25 | Report Abuse

No way out unless there is another big boy fighting for this piece of cake.

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2016-05-04 08:39 | Report Abuse

It's all manipulation by big player. How on earth a 5 star hotel shares listed on main board can be so cheap, even a goreng pisang worth more than 7 kbunai shares!
Thanks to pvjsabah, jt888 and those who took the trouble and efforts to write and highlight this unfair issue to SCM. Will SCM take action is another story.

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2016-05-03 13:34 | Report Abuse

NTA is around RM0.145, hope SC will not approve this unreasonable offer.

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2015-01-01 22:03 | Report Abuse

Gary, take note: A warrant is worthless if an investor holds it beyond the maturity date.

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2015-01-01 21:19 | Report Abuse

No material impact?? Really? kidding?

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2015-01-01 21:10 | Report Abuse

What a joke, announced in Bursa website under title: Others on 29 Dec 2014!
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1839061

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2015-01-01 20:53 | Report Abuse

Breaking News :(
Tanjung Offshore Bhd has called off the reverse takeover of Bourbon Far East Pte Ltd due to the declining oil prices.
http://klse.i3investor.com/blogs/valueinvestorresearchklse/67422.jsp

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2014-12-10 08:23 | Report Abuse

Just to elaborate, assume the announcements (buy or sell) are always delayed by 4 days. When a fund manager bought aggressively on 01/12/14, it would only announced on 05/12/14 and you bought to react to that piece of good news. Four days later (09/12/14), you then noticed the announcement of an even more aggressive selling of that same fund manager on 05/12/14 (the day you reacted and buy). You are trapped because of the earlier news of the aggressive buying on 01/12/14. :(

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2014-12-10 07:43 | Report Abuse

What I meant is due to the delay in announcement on funds buying/selling, this indicators arr rendered useless for trading purposes.

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2014-12-10 06:50 | Report Abuse

announcements from bursa website are good indicators on fund managers movements, but unfortunately they were usually outdated (buy on Dec 2, 3 only announced now). Just when you think the funds are buying, they are actually selling already :(

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2014-10-16 16:53 | Report Abuse

I think TGOFFS now will think twice to go for RTO. Think about it, they made the right choice to sell off their O&G business in the first place.

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2014-10-10 07:47 | Report Abuse

When crude oil price is falling beyond argument, O&G business is no more lucrative like before and RTO could become a non issue and a non viable option. Its only wise to reconsider or reduce holdings on shares of O&G listed companies. Falling in love with a stock is a big NO in investing in the stock market, no doubt that's anybody's right to jealousy guarded it. There are ALWAYS more mature investors than you are out there! Just for sharing only.

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2014-10-03 16:25 | Report Abuse

RTO is always hostile and akin to "attack behind enemy line". How on earth one can openly talked about your "plan" and hoping to be success ???

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2014-10-03 11:52 | Report Abuse

Hopefully, this news on CPO price helps a little bit :)
http://www.nst.com.my/node/39484

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2014-09-12 08:18 | Report Abuse

Based on the assets, MAS estimated to be still worth at least 50 sen!
Interesting !!
http://www.theantdaily.com/Main/MAS-minority-shareholders-The-risk-is-all-yours

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2014-08-12 11:27 | Report Abuse

He talked sense, I agreed.

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2014-08-12 11:21 | Report Abuse

During Financial crises time, they have this so call "creative accounting"method which could mitigate the losses over a 5 to 10 years-periods of time and make the current p&l figure "Nice" looking :)

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2014-08-12 09:48 | Report Abuse

Yesterday closing, there was a "give away" signal at 16:57:50. One institutional player buy 50,000 lots at 0.26 in 1 transaction. Just needed to think and figure out why? why?

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2014-08-11 12:45 | Report Abuse

All are talking about selling and selling now. But,...if you believe that the offer can be 5 sen or more higher after the EGM (in order to push the plan through), it is not crazy to think of buying, but maybe at 0.25 and below. (But you need guts, like the olden time chinese soldiers having the word "Brave" in front their chest. ) BTW, all at your own risk. :) :)