think it's more than 0.50, the only question left is when, 1 month, 6 month, a year or two?

no idea, if the China project sale proceed is returned, surely there's a few hundred million of profit to be book, from impairment made earlier to interest cost compensation. Right now, I am more pissed off by Bursa and SC not taking a stand to defend minorities and yet hoping for more retail participation.

bjcorp at 0.395 means BCorp has valued Penta's BLand at 0.50 currently, while market is valuing BLand at 0.275. Bursa failed to protect minorities allowing the deal to go through while minorities squeezed by the liquidity issue yet "claim" they can't force listed company to offer MGO. What a piece of shit!

Much to worry about. With BCorp at 0.355 currently, Penta who's gotten the exchange ratio of 0.38/0.30 saw their holding in BLand valued at 0.45, a fat difference from what BLand is traded now, i.e., 0.255-0.26. You may not mind, I do, felt like second class as a minorities.

kelvin61 privatization by big shark is and will never be fair, unless minorities and SC voice out heavily

roundcateye, I also believe a higher offer could be made, but if VT can't even meet the minimum of offering minorities what he had offered Penta, how can we minorities expect him to offer something better?

Frankly, I don't care much about what's offered, but what's offered to penta MUST be extended to other minorities

Or possibly a genocide

Oooh, and if it's just an Eastern bully reported by Western media, most likely its a massacre

Or shit

You see, if it's western cruelty, its their way of improving themselves... If it's Eastern cruelty, they're murderers... Very philosophical western theory

Really pray today's rally is not another one day show...

And on: Fri, Jun 28, 2019 at 9:17 AM. Bursa replied:
Dear Sir,
In line with our Company’s policy, we are unable to reveal any details of the assessment conducted by Bursa Securities in considering a lower public shareholdings spread. Nevertheless, any application submitted to Bursa Securities is being assessed objectively.
In addition, we also wish to clarify that Bursa Securities is not in a position to request any party to make any general offer. Any offer by the offerors will need to comply with the Rules on Take-Overs, Mergers and Compulsory Acquisitions of the Securities Commission.

Thank you.
Bursa 2U
Bursa Malaysia Berhad
Our Ref: CC/43/19

Bursa is not in a position to request any party to make any general offer, BUT Bursa has the right to disapprove the 0.38/0.30 exchange of BLand shares into BCorp shares given the already low shareholding spread. OR require the offer be made to other minorities if it's to be accepted!

TQ Mr. S S Lee, you spoke my heart!

Sslee, could you kindly insist on an exchange into BCorp shares at 0.38/0.30 ratio be one of the option where minority shareholders can choose? Thanks.

surely drop not so much lah, when crude rise, hibiscus barely move...

err... Lena Tan is a Tan, related to VT by blood?

errr... Lena Tan is a Tan, related to VT by blood?

Why buy when crude up, hibiscus no movement, crude down, hibiscus down? Give impression big boys are dumping to us retail investors

just hope this CEO has enough power to take BCorp to cross RM 1 again, VT has a lot of BCorp warrants...

probably Jalil can bring PNB fund or other fund managers' into BCorp?

surely hope that's the case...

as has been shown earlier, Bursa will simply amaze us with more 'approved' delay, denying minorities rights like the deal offered to 'buddy?' valuing BLand @ 0.38 exchanged into BCorp shares at 0.38/0.30 ratio Jan 2019 OR the deal offered to VT& 'buddy?' valuing BLand @ 0.70 exchanged into BCorp shares, warrants and cash Dec 2015.

Think THPlant revenue for Oct - Dec quarter compared to Jul - Sep quarter should be higher. While the production is falling, the crude palm oil price increment is more significant

Bcorp 小股东连白开水都快喝不起了，还喝白酒？

yeah right, sounds like the management can drive Hisbiscus into mega company even if crude oil is traded at -40...

hisbiscus is a oil producing company, and its share price is not correlated to brent crude, err...., showing the retailers the share price is dictated by the big bosses?

unbelievable, crude above 70 and hibiscus only 0.70-0.705???

crude at 67 and hibiscus only .68???

unbelievable, brent already 66 and hibiscus still at 0.705?

TSH monthly production announcements for Nov and Dec are very poor, wonder why? I sent an email seeking clarification with no reply and sold my shares. Luckily no reply and sell at higher prices?

probably those holding preference shares at 0.48 are selling, pressuring the share price...

err... battery is one of many STORAGE alternative of energy but not a SOURCE of energy! Fossil fuel, whether it's coal, oil, or natural gas is a SOURCE of energy. To compare with fossil fuel, you would need to look at alternative SOURCE like wind energy, solar energy, hydropower, nuclear power, etc.

My guess, another extension...

err... garbage analysis.

When VT wanted to buy Cosway, he said blah blah deal, ended up with little profits to be seen by shareholders; When VT signed Vietnam Toto, he said another blah blah deal, ended up profit yet to be seen after 4/5 years; when VT said dividend post Kyoto Four Seasons sale with huge profits, he spent more on buying his related companies' shares than paying out as dividend; Oooh, he said BCorp is worth so much and so much, yet he dares to have his board signing MOU to buy his Singer (which was initially a BCorp subsidiary) valuing at NA but issued with BCorp shares at 80% discount. VT said many shits, which shit would you trust???

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3107792

We refer to our announcement dated 26 August 2020. Unless otherwise defined, the definitions set out in the previous announcement shall have the same meanings in this announcement.

TSH wishes to announce that the parties to the CSPAs had on 25 November 2020, vide letters of extension agreed that the prescribed period for the fulfilment and/or satisfaction of the conditions precedent under the CSPAs be extended from 4 months to 6 months from the date of the CSPAs and such other further extension as the parties may agree in writing.

This announcement is dated 25 November 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement?keyword=&cat=GA%2CGACO&sub_type=GA17&company=9059&mkt=&alph=&sec=&subsec=&dt_ht=&dt_lt=

The Nov '20 production is not good at all, falling 30%, pretty much offsetting the gain the crude palm oil price.

Hahaha...

ka ciu zen?

VT, through the recent “Singer" proposal, tells the world how shitty he is, i.e., win I take all, lose I also take all.

If can go to 2, I will cabut and never look back at this garbage TS company or any of his related co...

That's why I'm suggesting a dividend policy VT stick to for 'years' not month...

The best way out for VT would be setting a dividend policy that's kept for years to earn investors trust.

VT mentioned about the possibility of privatizing BLand for years already, so is listing in Singapore. I have to wonder, given his past records, if Singapore is willing to let VT list there or if BLand privatization coming soon???

VT mentioned about the possibility of privatizing BLand for years already, so is listing in Singapore. I have to wonder, given his past records, if Singapore is willing to let VT list there or if BLand privatization coming soon???

No major news, nothing to say...

probably hidden in someone's ass and becoming germ if not monitor carefully, sigh!

If VT is genuine about attracting investors, he should announce a dividend policy, say 30% of profit be distributed as dividend. HONOR his policy and STICK to it for a few years, then, share price shall reflect BCorp's TRUE value. Otherwise, guess only he can goreng the company but no one else...

Being a buddhist doesn't mean he/she will automatically a good person. A wolf can be covered with human skin, but still a wolf.