KC, IBs will sell when The Edge Reporter reports something nasty. *wink* *wink*

lol KC, have pity on lonelyroad.... :)

Anyways, last day to convert WA is 14/12/12 right?

Thereafter, any manipulation has to be done through the purchase/sale of the Mother share itself.

You can more or less imagine that anyone intending to get a major stakeholding of the share will have to pay a premium and prices will sky rocket thereafter!

Unless of course someone dumps shares to the open market and keeps the price depressed, but that would be counter productive and allow the one collecting to assume control easily no?

well, Shah is playing his cards, but we don't know what kind of Aces Abu & Co are holding up their sleeves....

and the saga continues...

It depends on when they wanna have the EGM, but IMHO, the share price movement will trend sideways until we see the winner in the EGM which incidentally has not planned date yet.

Shah has to up the ante as he has more to lose than gain!

Way lau eh... Big losses leh...
Today no time to monitor and it drops so badly...
Sigh, I don't think we have seen the end of the tunnel yet.

I'm sure this will drag on all the way till after WA is taken off the shelf. Maybe movement upwards thereafter... Just maybe:(

Looks attractive... So many shares too little money! But this share has a proposed dividend as well... Might be a good bet if it drops abut more

today buying at 3.5/4 sen, I Q see can get at 3.5 or not...

KC, Rm56 magic number ah? now already RM55.72

@jungsoh, appreciate this write up, that was what i was looking for! :)

@jungsoh, I am aware of the diluted price of the mother share after BI, but the exercise price of the WB/ WC after dilution is what I am not aware :)

Kc, still picking up scomi at curr prices?

Bro KC, XY chromose = male la
Maybe XXY = pondan

Lol, want to create a corner to talk bout Gen Y?
Don't worry, I'm a mix of X &Y. So I'll try to be impartial... Lol

Lou sifu mm sai hak hei :)
As I said I'm just ikan bilis and there are so many sharks big and small out here :)

Come to papa! Been waiting for positive news to spur this sleepy head....

Lou sifu, you can call me Pat or Hew or pathew :)
I dare not challenge any sifu here, scared Lou sifu call my money spit too... Hehe

Lou sifu, sorry I don't thew (canto bad word) people... It's quite rude ;)
And I am far from being a sifu. I'm just a small fry here trying to eek out a living

Alam is quite enticing... What is a good entry price?

Tansrihew, for our trading knowledge could you pls share the formula on how it is derived? My maths not that great la...

Kytan, in your case its 2 sen + 40sen for conversion + misc processing fees.
Passerby already calculated it would be more than80k++

Might as well forego as losses rather than convert when the underlying mother share is 37sen in the open market now.

It might also cause mother share to drop.... Btw ex div... Mother is 2 34

@djhchew ur economy seats can't turn premium, it's just that they had MATTA fair promo on the economy seats...

Think might consider buying in abit more next week, I was waiting for discounted economy seats like that to open up!

@tonylim you mean passerby don't you?

Fire... Fire... Everyone run out from the building!

All approved, so when take effect?

Wise MC:)
I'm thinking of keying in at current prices

Lol, honestly I dunno the difference btw gen x and gen y.
But by definition I'm gen y too eh... Lolz

Nauzidhom, yes but remember.... Stocks won't move unless funds buy in....
We anchovies can't do much. So we wait for the tide to bring us out to the big sea... But if low tide... We'll see who's swimming naked :)

I'm still in monitoring mode, but fingers quite itchy already....
See how in the afternoon.

Bro Kc, well said!
Gotta prepare some bullets for entry soon ;)

I'm with you bro diablo...
So far predictions are spot on!

Kudos:)

Passerby so knowledgeable maybe I should seek for some advice and start a blog ... Get some side income too... Can publicize everywhere to get readership ;)

Lonely reload u self promoting ur blog ah?

Thanks bro KC!
FYA - @The Edge Reporter there you go, something to write about :)

KC, any news from your reliable source on the Petronas deal?
Nearing end of Nov already, or it's on hold till the debacle between Abu & Shah abates?

well good thing is, there's more upside than downside due to the oversold position now eh?

KY Ng, u report on what? :D

@MC, are you still looking at TM-CU? now 3.5/4 sen only :)

so many ESOS to exercise meh... when can we see an end to this selling saga

diablo, sure boh limit up?
they suspending what time?

Lol must be a mysterious fella eh Kc?

Lol, we are all watching and waiting for the grand finale...
Just that the fireworks not out yet can't celebrate...

Passerby, why choose 1 hero when u can have 3! Hehe...

Rocket, hard to say... To me who win doesn't matter... As long as the share prices go up up up!

Nice to hear that... Hoping to see the prices skyrocket upwards by end of 2012

Bet we will see both parties show hand when WA expires and its converted to scomi shares

Batty has spoken! The prices hovering around this range for some time now. Guess its a sign that it will either shoot up or down. Hopefully the former ;)

Vested in all 3 scomi... Waiting for movement

Oh look, kc is back! Albeit a low key affair:)
Anyway we are in mid nov, let the fireworks begin;)

Good to hear such positive news!

mother share up, then WA also up together la... :)

it's very obvious that someone is collecting the WA to convert to mother share on or before expiry

whoever has more shares controls the board and can approve/reject the approval of the 3yr 110m bonds to IJM

suddenly got movement... hopefully it's sustainable and end today on +ve territory