For those who have been following should have made 30% profit. Just note that the Net Cash Position is RM3.50. If it can rise to near RM3 should be a good price to unload some

For the benefit of the investors, Hwang is owned by Hwang family 20+% and DBS Bank 20+%.

It was reported in Focus that Hwang has until April 2016 to decide on the distribution of RM250Million. The payout translates into RM0.98 or 44% upside from closing price of RM 2.2X on Feb 14. Should Hwang decide to on hold on to the cash, it's anticipated that Hwang will pay our RM0.10 dividend in FY16 that would offer investor a healthy 5% return. Nevertheless, Hwang is under pressure to return the cash; similar to the ECMLibra case where it returned a total of RM800+ million after selling off its investment bank business,

Another 49% is owned by MOF of Vietnam Government. That lowered the risk of business

Yes cheap sale indeed

within 14 days , there shall be movement. Good luck

datasonic: An announcement is due this April on whether the company would return RM250Mil to the shareholders, it's also customary for the company to declare a dividend in the same period. Hence, I would suggest you hold till April. I won't be surprise if the stock can rise to it's cash value which is RM3.5

Grossly undervalued. NTA is at rm3.5 (plus minus) all in cash. Would you pay someone RM2.20 to get their RM3.5 ? Again Graham's intrinsic value concept, if you follow Warren Buffet, you would know what I meant, when he bought into bonds that's worth way more than its value.

With all the subsidiaries reported grossly satisfactory results, we may see small spike in near term. Buy for 5-10 % gain within a month .

buy

posby : Where is the announcement on Trading Halt ?

Key take aways from AGM :

Shareholders will continue to enjoy above average dividend yield. A total for MYR440 million are kept in money markets which means that there is free cash flow of RM20 million from investments alone on top of BAU.

Good for long term investors. Continue to accumulate, it shall touch RM 2.8 in near term

Extracted from 2015 Q4 Annual Report

"The initial intended timeframe for utilisation of the proceeds allocated for potential acquisition of new business was within twelve months from the date of completion of disposals of subsidiaries and associate on 7 April 2014. Pending identification of a potential viable business, the timeframe for utilisation of the proceeds has been extended for another twelve months from 7 April 2015. "

So by April 2016 ,there shall be a decision ?

Yes, for value investors . This is definitely a good buy, timeframe should be less than 12 months. Attend the AGM on 24th November, the Board shall reveal updates on the utilization of the proceeds.

Start to accumulate now !

There are few possibilities here . A) RTO , B) Capital Repayment, C) Injecting new business into Hwang, D) Status Quo with dividend yield of 5% .. In case A, B, C , it would yield more than 50-100% .

stay tuned... something coming up

volume increased by 50%, could something be brewing ? .

TP 0.7

SKW has been buying since 2 years ago ..

whether it materialise or not , it will pass 1.6

yes .. tp 1 is good

I think up at least 25 sen

4 sen. One sen OLH take

target 0.7

CrossSymbol : High FIVE ! deep value stock

Good price to go in 0.51 ... more news coming . flyy

good return , i bought this stock at 1.43, second dividend cycle coming + 1.60 GO ..

bonescythe: I am sure you are stuck at above RM0.5 and promoting it hard now .. you dont have very good reputation in i3 ..

PE 3.x times, confirmed VGO at RM1.6 , 4 sen dividend pending, NTA of above RM2.5 , Cash of RM 300Mil, Market Cap of RM 600+ Mil . You tell me whether this is a good stock to buy ?

yea, please stop spreading rumours and check your facts.

4 sen dividend .. Not too bad .

When everyone is fearful, I shall... ?

paperplane:If OSK 2.10 ? ...

Next week PJD-WC should rise above 0.6 .. based on the OSK momentum

will dive to 0.4+ before recovering to 0.6+. Good Luck

Ooi is absolutely right about OSK price .. It's the key to entice PJD and OSKP shareholders to buy into the proposal. Anyone wouldn't want to take out hard cash to pay for the GO + MGO , pay with share is a less painful route.

it will be above RM2.10 for sure, otherwise shareholders of OSKP and PJD will opt for cash in the GO + MGO .. I am sure they would rather issue OSK shares when paying hard cash.

Almost traded all the issued shares in few days.. they must crazy

View it as a RTO...

Must grab fast to convert . RM 0.19 + 0.35 = 0.54 .still lower than closing

Ganasai proven to be stupid indeed

Hi Icon8888: if you look up the annual report , there are some companies and individual linked to OLH , one being CM Ltd and few with the surname Wong. They are not considered party acting in concert but they are actually related parties. I did and calculation and SSM search. Reaching 50% should be a problem . By the way I love reading your write up in i3 !

Just my two cents worth. Base on the announcement released on 15th Oct for the Multiple Proposals, the entire exercise shall be completed in 3Q 2015. For any GO or VGO it would typically take 70+ days to complete from the day of announcement. So if we work backwards, the timing for PJD VGO (if it happens at all) should be sometime in April - June. Another observation worth noting is that OLH actually commands around 42-43% of the entire outstanding shares , not difficult to breach the 50% required by VGO. Good Luck to all PJD investors

well look at the assets that the company it's holding , you will know why it's a safe heaven. Merry christmas

going to crash soon, better to cash in .

If anyone is going in for 6 months, consider pjd warrant - 13% return .(0.6-0.53)/0.53 . Happy Investing ..

The stocks has got very strong fundamental but i think investors lost confidence in VT and maybe his son Robin Tan. After Robin took over the company shares have been on a downwards trend !

Yoon129: The offer if you are referring to VGO from OSK, it won't be so soon, it has to passed OSK own board etc. Probably it will be 6 months down the road. According the latest announcement they intend to complete the exercise by 3Q 2015.

totally agree. This is typical hidden GEM , safe heaven in the times of uncertainty