thurston, well....if you look a bit deeper, which u shud....airasia indonesia contributed nothing. it actually broke even but they recognised RM 158m profit....playing with numbers as usual.

flinstones, ESBLA will become core business soon. by february 2017 will already have significant contribution.

steven ng, also if you are very good....you wouldn't criticise in this manner....

sharon chok, i doubt so. election could move the blue chips but not small caps.

ibhd cannot be worth less than 76sen. matter of time.

teckchai89, yes you will get higher dividend yield with mother share.

the gamechanger will now be the renewal of MSC status where they will pay no tax for the next 10 years.

lol pavillion stop confusing people. friday was the last step....once get black & white, can already start project. also, they have spent nine figures on this project....future capex will not be major. bankability is not relevant.

hint: something happened on friday. it should not be below RM 3 by February next year.

tax clearance just means that the authorities must verify that sona has paid all their taxes right? in other words, sona has paid all their taxes and there are no more taxes to pay....is this right?

even without the 130 million contract, their EPS now is around 2.5 sen. awc is worth at least RM 1

nice. knee-jerk reaction. good for collection

ijacob is worth at least 25 sen.

frontken cannot be worth less than 18 sen. let it get pushed down for now lol.

they never told how much the forex gain was in indonesia. need to know this before u can value ocncash

share of result of associate...they never explained what is that. most probably one-off and so censof only worth 20 sen.

even at 50 per barrel oil price, they will never make positive net profit.

btw...the earlier figure i used for number of shares was different because of some roundings i made. but the 504807512 figure is correct.

yes there are 631009390 shares. promoters and initial investors hold 20%. which means excluding them, there are 504807512 shares....and don't we use this figure?

360.4 million / 504807512 = 71.4 sen per share.

count again guys....if this calculation is correct than no such thing as 73sen !

or is it actually 71.5 sen per share and so the underpricing is just very little....

why is the distribution 73 sen for cliq? from what i understand, promoters cannot participate in the liquidation. so now there is 360.4 million in the trust account, 504752720 shares(this excludes those held by promoters)....so the distribution shud be 71.5 sen per share. why is it 73sen per share? where have i gone wrong?