My initial warrant cost 76 sen, then i average down at 0.195. So you see the concerns now?. My average is 24sen.

yes i holding the warrant. and just go in the mom yesterday at 54 sen.

anyone manage to capture the news from somewhere?.......it already half day today and still no announcement out.......kinda feel bored waiting.

At least we have some tentative valuation and made a final decision to weather tomorrow opening.....................sell or keep.

okay skng74, RM1.13..................so GP will limit up twice tomorrow?. Any warrant expert here wanna comments on the warrant possible price?

Any acquisition and merger experts out here can give us some clues........can't sleep well since yesterday. :)))

Then in other words, we could be worst than we are b4 the suspension?.

Where is moneysucker1, we need him coming out to calm us............since he is holding 1000 lots combination of mom n son.

HAHAHAHAHAHA......................where are you moneysucker1?

Even we know the price for P1, there is no guarantee that GP price open for tomorrow will spiral up.....right?

in order to get P1, they need to goes for an MGO. You think CC Puan just wanna hike off P1?. I think he wanna exist the company and with his shareholding in GP, his best bet now is holding TM to buy the whole units.

I might be wrong on this and could be right..............just need to see the deals that gonna be revealed later.

Keep our fingers cross and see how CC Puan doing the stunts.

I don't think TM will only want controlling part of P1, with TM board of Management stye i guess they want the whole of P1 to their name and be a game changer and leader.

Moneysucker1, any comment on this saga. I think TM need to touch GP first before can get P1 stakes. And since they wanna have the whole of P1, they will trigger the mandatory take-over since the stakes involved is over 33%.

Am i right?

skng74, it will be outright purchase of P1 and later injected capital into P1 making it a wholly company under the TM stable. I don't think TM will wanna use the P1 name.

The issue now that cross my mind is since P1 is 55% owned by Green Packet, it is mean TM only buying P1 from Green Packet. If that the case, Green Packet director's could just declared special dividend to us and the bulk of the monies will be in GP pocket.

Unless TM buying the whole of GP, then we are in the windfall.

Anyone can comment on this acquisition?

i sold this morning 1.17 and made some contra gain of few k.

What is the points volume is huge, we want movement in the pricing not huge volume.

OJ Juang, it was suspended pending material announcement and in this case TM is buying P1. And P1 is owned by Green Packet.

Tomorrow GPacket will re open unless they request further suspension.

For rest of the stories, keep following this blogs for more news by our good bloggers.

Oj Juang, the counter suspended because of this announcement. You miss the boats.

If TM offering 1billion for P1 and based on P1 paid-up of 700 mil that would be 1.42 per share. Since TM is gonna inject another 1 billion into P1 to take care the liabilities part is not our concern.

What we concern is the offering price for our shareholding at 1.42.

1.42-0.52 (closing) = 0.90 sen gain for mother

1.42-0.96 (conversion of warrant) = 0.46 sen for warrant. 0.46-0.15 = 0.31 sen gain for warrant holders.

I think this matter most to all of us buying in yesterday at last suspended price of 0.52 and 0.15 respectively.

Correct me if i am wrong.

Unless you go for 100 lots and made 1-2 sens....i think is okay.

candlewick, don't ever jump into shipping liner stocks. all shipping line is making losses. Except MISC which you can invest. Others is big no no.

just one day today.

This show the counter is doomed. I have no regret disposing all at 0.06sen with few k losses.

Moneysucker1, okay I understand.

tomorow will limit up. hopefully.

It suspended at 52 sen, but behind the market is married deals. check the volume keep increasing but not the price.

moneysucker1, can add me ktsk88@gmail.com

seem like married deals behind the scene.

yeah yeah suspended

yes suspended

suspended it seems

buyer wanna buy 59 sen, 765 sen.............something is not right. Suspension seems definite.

moneysucker just go in 54 for mother. hahahaha

get more tips from you. wanna be full time trader.

moneysucker1 wanna add you.

go figure out if really TM buying P1 for 2 billion. You divide the 2 billions over the paid up of P1.

stop at 60 sen. tomorow suspend for announcement and limit up tomorrow 1.20. hahahaha

the news need to be comfirmed in printing. wait for announcement.

tomorrow limit up..................perhaps?

2billions for stakes in P1.

aren't that the valuation basis?

moneysucker1 hilang mana, can add my email ktsk88@gmail.com.

Wanna retired early to be full time traders. Fed-up of working life.

i think is fair valued whereas TM can leverage on P1 base station immediately and also the subscribers. They don't have to fork out cash, just issued shares on basis of 1 :4 Gpacket shares.

If TM offering 2 billion for P1, assuming P1 paid up is 1.5bil, then the acquiring price is RM1.33 per share.

RM1.33 minus 96 sen conversion for warrant, then warrant should fly to 0.37 sen.

The rest you guys figure out your own profit.

Tm buying P1...............confirmed news.

can someone work out the takeover price for mother based on 1.5bil. then we could know the warrant pricing minus the conversion of 96 sen.

moneysucker1, your new gf coming lo.

can add my email, later we exchange phone contact?

moneysucker1, maybe need to add you as my friends to exchange knowledge to made monies from the share market. I am consider full time traders.

moneysucker1, how many million shares is P1 paid up?

i wont leverage down. just can recover my 245 sen i m happy. All my assets tied to Sona.

i bought few years back 10 lots at 76sen, then another 100lots at 0.195 sen. It never recover thenafter.