guys, what do u get by verbally abusing each others?
make a friend is wiser than get an enemy

Before 10am, there were 2.5 millions (consists of 1 mil + 0.5mil + 0.4mil +0.6mil) of PJD shares been transacted...
who has such big lots ?

hng33, i mean OLH convert his PJD-WC to mother share.
He holds lot of free warrants and these warrants are not sold to OSK in the share-swapping deal.

By taking an acquisition rate of 0.6% per day, the acquisition of 17% PJD shares (to hit 50%) will only take 1 to 1.5months.

who is selling millions of PJD shares everyday? Damn curious...
Could it be the conversion of PJD-WC to mother share?

why cannot both up?
when mother up, son follow.
when son up, mother follow.

the same rule is applied for reverse direction.

aiya...we sama-sama push it up to 0.605 then sell to the Mr O loh

why not everyone go sapu and sell back at higher price later?

where is the limit-up? before 9am, everyone is waiting eagerly for his/her 0.605

i thought u want to sell them back to OLH at 0.70-1.20 (20% premium) as the TP for OSK is 2.00-2.50

who is selling PJD in the open market?
The last 3days transactions are around 1.25% of total PJD shares.

Raise your hand if you think that there will be another round of limit-up (of coz talking about OSK-WC) in the afternoon session.

100% RHB = RM 19.698 B
10% RHB = RM 1.9698B

At RM1.91, the market cap of OSK is only RM 1.851B.

SinGor, I remember the senior from Sg Lalang.
He said no warm meal n hot drink, somemore need to return the door gifts to his friends.

Confirm got sharkfin?

RHB Cap's 1Q net profit up 5.7% to RM476.3m
By Gho Chee Yuan / theedgemarkets.com | May 29, 2015 : 1:57 PM MYT

KUALA LUMPUR (May 29): RHB Capital Bhd saw its net profit for the first quarter ended March 31, 2015 (1QFY15) climbed 5.7% to RM476.3 million or 18.5 sen a share from RM450.69 million or 17.7 sen a share earlier.

The higher earnings was achieved on the back of 2.9% total income growth and lower loan impairment charges, partially offset by higher operating expenses and lower impairment write back on other assets, the banking group said in a statement to the stock exchange today.

KUALA LUMPUR (May 19): PJ Development Holdings Bhd ( Financial Dashboard) saw its net profit dip 8.71% to RM18.76 million or 4.14 sen per share in the third financial quarter ended March 31, 2015 (3QFY15), from RM20.55 million or 4.54 sen a year ago, on lower contribution from its hotel and leisure division.

Revenue for 3QFY15 rose by a marginal 0.64% to RM229.2 million, from RM227.74 million in 3QFY14, driven by its core construction division.

The construction division registered a pre-tax profit of RM5.8 million for 3QFY15, up by 102% from 2.9 million in 3QFY14.

For the nine months period (9MFY15), the group's net profit rose 7.5% to RM81.58 million or 18.05 sen per share, from RM75.89 million or 16.75 sen per share a year ago; while revenue rose 1.78% to RM718.07 million, from RM705.5 million.

http://www.theedgemarkets.com/my/article/pj-developments-3q-net-profit-down-871

====
Viola! The 2015 Q3 result is out.

every conversion of warrant to mother share requires $1.
Where will the money go? :D

Posted by ImCK > 13/05/2015 15:43
pjdev not too undervalue if all its warrant covert to mother
right now i suggest pjdev shareholder throw mother switch to OSK better
OSK undervalue if pjdev + oskprop join to OSK the price will be double from now !

--------
If the OSKP and PJDEV is not too undervalue, how can OSKH double its share price (or EPS) by acquiring OSKP and PJDEV?

Please enlighten us.

ImCK, u miss out a point...this OSKP+PJDEV injection by OLH party is not come for free (although it is deliberately pressed down with an discount).

New OSKH shares have to be issued to OLH party, therefore the EPS of OSKH will be similar before and after the injection UNLESS the growth machines of both OSKP and PJDEV are well performing.

The earning of OSKH is still relies heavily on RHBCAP (50%), and now both OSKP and PJDEV are added to contribute 25% each in the enlarged OSKH.

Well, OSKP and PJDEV will be the cash cow for OSKH. This is what OLH is doing by injecting them into OSKH for a larger % in shareholding.

Will OLH kill the cows by just milking them to die? Let the time to tell us.

Justin, you need to factor in the special div of 15cents and a 4-free-1 warrant (maybe - price fix at 20cents).

No doubt, pjdev is a profit-making company.

Posted by nemesis > 13/05/2015 11:40
HOW COME THE VOLUNTARY OFFER PRICE FOR PJDEV IS 1.56 INSTEAD OF 1.60...I THOUGHT LAST THEY PROMISE TO OFFER 1.60 FOR PJDEV SHAREHOLDERS...ARE THEY TRYING TO CHEAT US AGAIN HAHHH?????

----
The offer price is adjusted after distributing the dividend of 4cents

ccp78789, you will only entitle the dividend if you buy it a day before the ex-date

Latest News - OLH retires as Bursa’s director

Ong Leong Huat faces hiccups on reappointment as PJ Development’s chairman
http://www.theedgemarkets.com/my/article/ong-leong-huat-faces-hiccups-reappointment-pj-development%E2%80%99s-chairman

i did my part by casting a "NO" :)
No doubt he is a very smart businessman.

vinvin, it is absolutely based on ur entry price.
Valuation of CIMB at 1.7 P/BV is not low.

In fact, this is a merger, not acquisition.
In the enlarged bank entity, CIMB owns 70% + RHB owns 30%.

Bursa announcement by RHBCAP
http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/all/5304A48F39BAFD0648257D6C003BE82D/$File/BNM%20Submission%20Announcement_FINAL.pdf

jit-pai-ho-seh-liao ^.^

If EPF is not allowed to vote, then lagi ho-seh...
but most likely EPF can get the exemption from Bursa to vote and seal the deal!

Cimb $7.27
Rhbcap $10.03
MBSB $2.82

TheEdge

http://www.theedgemalaysia.com/business-news/311004-flash-cimb-and-rhbcap-shares-are-valued-at-rm727-and-rm1003-respectively-in-merger-deal.html

Next question is "Can EPF vote?"
wait n see..

Cimb $7.27
Rhbcap $10.03
MBSB $2.82

CIMB and RHBCAP shares are valued at $7.27 and $10.03 respectively in merger deal

big road block at 2.25 has been removed by budozza :D

If R priced at $12, C shareholders won't agree.
If R priced at $ 9, R shareholders won't agree.

They need a win-win solution.
Think yourself on the fair valuation of C and R before you decide which stock to buy.