yup..from takeover proposal become open tender.. dono what theyre are trying to do.. but im monitoring this stock, though not yet buy any stock yet..if it drop to 2.30 level,i may enter.

I personally think that there is a basis for MNRB to be divested by Khazanah.. Reason is because this year we have seen some M&A going on in financial sector including insurance segment. But well, just my opinion. Welcome others to debate this =) Good day everyone..

Proposed disposal of certain assets (Proposed Disposal)
On 5 September 2011, the board of Directors of the Company received an offer from the Company’s major shareholder,
Ambang Sehati Sdn. Bhd. (Ambang Sehati) to acquire collectively the following assets (Assets) from the Group:
CapSquare Retail Centre;
Permas Jusco Mall; and
100% equity interest in BR Property Holdings Sdn. Bhd. which owns The Bangsar Shopping Centre and Menara
BRDB.
On 19 September 2011, the Directors of the Company agreed to the disposal of the Assets to Ambang Sehati for a total
cash consideration of RM430 million. In addition, the Company proposed to distribute part of the disposal proceeds to
the ordinary shareholders of the Company via a net cash dividend of RM0.80 per ordinary share.
On 26 September 2011, the Company and Ambang Sehati mutually agreed to cease all negotiations and for the
Company to undertake the Proposed Disposal by way of a tender exercise, whereby Ambang Sehati would be invited to
participate in the tender.
On 22 November 2011, the Directors of the Company decided that in view of Ambang Sehati’s expressed intention to
explore the possibility of increasing its stake in the Company via various means which may or may not result in a
general offer, the tender exercise in respect of the Proposed Disposal would be deferred to the first quarter of 2012.
On 27 March 2012, the Directors of the Company decided to proceed with the Proposed Disposal via tender.

Can find the Q2 results for TEB with this link
http://www.teb.com.my/tebIR/quarterly_reports.html

Detailed Analysis Of The Performance For The Current Quarter And Year-To-Date
Quarter ended 30 June 2012 compared with quarter ended 30 June 2011
The Group recorded RM25.9 million in revenue for the current quarter as compared to the preceding year corresponding quarter of RM17.5 million. Higher revenue was mainly due to recognition for work related to the supply, delivery, installation, testing, commissioning, maintenance and support of ICT equipment to the local polytechnics and community colleges.

The Group recorded a profit before tax of RM0.9 million in the current quarter compared to a profit of RM3.8 million in the preceding year corresponding quarter. The higher results in preceding year corresponding quarter was due to reversal of over-provision of finance cost of the Group's Redeemable Secured Loan Stocks (“RSLS”) amounted to RM5.8 million.

Year-to-date ended 30 June 2012 compared with year-to-date ended 30 June 2011
The Group recorded RM41.2 million in revenue for the current year as compared to the preceding year of RM33.9 million. The higher revenue in the current year was mainly due to e-commerce business and work related to the supply, delivery, installation, testing, commissioning, maintenance and support of ICT equipment to the local polytechnics and community colleges.

The Group recorded a profit after tax expense of RM1.4 million in current year-to-date compared to RM1.9 million in the preceding year. The unfavourable result in current year-to-date was mainly due to higher depreciation charges on the Group's investment in Integrated Enterprise Centre (IEC) at Cyberjaya, but was mitigated by revenue from work related to the supply, delivery, installation, testing, commissioning, maintenance and support of ICT equipment to the local polytechnics and community colleges.

Prospects For 2012
With the work related to the supply, delivery, installation, testing, commissioning, maintenance and support of ICT equipment to the local polytechnics and community colleges, the Group is confident of improving its revenue stream.

The Group is also pursuing a number of significant projects by leveraging on its core offerings rendered via its new flagship, the Integrated Enterprise Centre (IEC) and expanding eCommerce business.

have to wait lor..no choice..meanwhile, just wait for dividend from this counter..

ECM also follow to the tune of E&O?

Hopefully... hehehehee

Could MNRB be one of the companies being divested?

http://klse.i3investor.com/servlets/fdnews/213284.jsp

Looks at this piece of news.. It did not say which companies Khazanah will divest yet.. But hopefully, Time is one of them. After all, that Tan Sri has shown keen interest already..
http://klse.i3investor.com/servlets/fdnews/213284.jsp

KC Loh, thanks for your explanation. But I am still unclear about one point. 21% upside to FV is 2.90. But y this stock not valued at 2.90 at market price yet? Usually stocks prices go up to takeover price when it's acquisition target. But this stock seems to be sleeping n lack interest from market. Any idea why it's like that?

Any reason for the sudden spike up?

Those who hang on to the stock afTer ex date have been rewarded. Hehehehehe

If Ambang Sejati is buying out the whole company at 2.90, why hasn't the current price reflect the offer of 2.90? Same goes to BRDB WA, yet to reach 1.90. Any one wonders why?

Agree with big yellow. This stock tests a lot of patience. Need to wait til quarter report out n see if there's any optimistic announcement. So far no news to trigger this stock. Meanwhile just have to wait

0.315 is the support level. Mon trading will be make or break. Also, I think the announcement expected this month end is the quarterly report. Hopefully some good news. But the news I'm hoping most is Bukhary buying Khazanah stake in this company.

Report in newspaper also mentions that kenanga wil be the largest stockbrocker s after takeover. So the new kenanga shares will do good too. ;)

Yesterday went down as some people prefer to take profit before ex-date of dividend. But hang on much longer until the capit repayment, issuance of new kenanga shares. Besides, it will be interesting to see how ECm diversify it's portfolio too. Also, bear in mind this is a debt free company. Need not worry of near term bankruptcy for now

Oracle, why u say end of month there is gonna be an announcement? Let's share it

Any special outcome on today's EGM?

Quarterly report should be anytime by end of August. If report fabourable, this counter might shoot up.

BIMB mother share drop by 0.05 today. Resistance at 3.00. Let's see what the near term outcome will be after ECB and Fed chief finish their meeting tonight.

ECM up by o.015 again. Ppl queueing to buy before the AGM?

Want to ask, does Khazanah still plan on divesting their stake in this stock?

Based on what Alntm says, BIMB price might be depressed to approximately 2.50 when BIMB CC nears expiry on 31 Sept 2012. That would mean BIMB HA is valued at 0.11.

Well, I personally bought this warrant @0.055. I agree that warrant is based on price movements of mother share, and in this case, HA moves up if BIMB goes down. The reason I bought is because I think BIMB may retreat to 3.00 after some minor profit taking. That's when I hope HA will go up. It is true that it still needs liquidity for that to happen. But I diversify the stocks in my portfolio in a way that I have strong fundamental stocks and some higher risk ones such as warrants. But I place less capital on the high risks stocks. Whether this HA burns my wallet or profit my wallet remains to be seen. Just my two cents. Happy trading everybody.

Wait til news of dividend. Probably in quarterly or EOY result.

ECM will retain asset management n unit trust division. No plan for delisting so far by ECM

This counter depends on how much Syed going to buy Khazanah stake. It can be higher or lower than current price. Up to everyone to decide for themselves.

Today is the final day of the week. Let's hope there's going to be BIG announcement on the merger news.

Gonna wait til the annoucement completed. This deal may go both ways. In the case of OSK n Kurasia, minority shareholders did not receive goodies. But on the other hand, cash from the deal may be distributed to reward shareholders too. That's why will wait for announcement what ECM plan to do with the cash.

If he follows thru with buying at price higher than current price, then we minority shareholders also can profit a bit.

Syed Bhukari is front runner to buy Khazanah stake in this company. Just be patient.

Rajandaran, on your Online trading platform, you can read the 'announcement' for the call warrant or warrant. They will have details of the warrants.

CIMB results met expectation.. hopefully it means the banking sector is doing well in Q1, and BIMB may do well too.. hopefully

Too bad DJ went down flat again in the end of trading day. Haih.. But if BIMB can sustain with it's coming q1 results as Bro Chong say, shud b worthwhile to hold longer.

DJ is green again on Tuesday. Hope it will spillover to Malaysian market on Wednesday trading day.

Anyone here knows what the management plans to do with the cash from selling Kurnia Malaysia? Any news about dividend payout or will it be reinvested?

Anyone knows why the trading volume is high today (above the 4 week average)?

DJIA opened with a green on Monday trading. Hope it stays that way until the end of trading day. Perhaps there will be spillover effect on BIMB on Tuesday.