Erm, Share price I got no comment but just to reply the last comment.

Surprisingly to inform everyone, their system is using in market and the company is not a small company too and more surprise to inform that all the sub company using it too.

I don't think is fair to say them tipu la. Somehow my relative business related them.

The biggest concern on this counter is just relate with another counter only.

Sad thing. but to be honest. They are still potential stock.

Just need some time and some confident from the market to fight back the share price..

Fast hint something. Instead of saying down. Why not waiting a good support level then starting to spike ?

Once the roadblock of this RTO is cleared, expect big turnaround from PEB

Regarding about the Start article, more renewable energy is always a good thing, with good approach & regulation, I strongly believe solar energy is the future

hope the ppl here can help you to clear ur mind, its always nice to know the true value of a good company

not gonna speak it out, but there's lots of valid point from everyone here. being sceptical is fine since you gonna understand what are u gonna invest anyway.

waiting to drop more for now...

So most of the comments u just post are invalid

This is a reverse takeover, not PEB aquire reNikola, but the other way round.

not sure about other solar company, but the vision of becoming a pure RE player is pretty nice and convincing

might see more rebound after the MGO is over at 2 April

Summary from yesterday live interview
-Intend to maintain the listing status of PEB
-completion of SSA, December 2021
-330MWp Bukit Kayu Hitam solar power plant will be complete on end of 2022
-All operating assets are profitable, cashflow are positive
-long-term earning visibility with an average of 20 years remaining PPA tenure for all existing solar power plant


Future company plans
-to acquire more large-scale assets in local solar industry
-to expand to SEA & Asia where there is strong demand for clean energy
-to expand into other RE, eg. hydropower plant
-become a pure play RE company, 1 GWP target in 3-5 years

consolidating... next step is a breakout... let's go PEB!

Show has ended, this is the time to run !

The group noted Pitahaya is offering RM1.07 per share in PEB, to be satisfied entirely in cash, representing the highest price paid by Pitahaya for the purchase of the PEB shares.

At the time of writing today, shares of PEB had fallen four sen or 2.72% to RM1.43, valuing the group at RM98.85 million.

https://www.theedgemarkets.com/article/independent-adviser-recommends-shareholders-reject-not-fair-not-reasonable-pimpinan-ehsan

“The offeror and ultimate offeror do not intend to invoke the provisions of Section 222(1) of the CMSA [Capital Markets and Services Act] to compulsorily acquire any remaining offer shares for which valid acceptances have not been received before the closing date even if the conditions stipulated in Section 222(1) of the CMSA are fulfilled.

“Premised on the above and the evaluation of the offer by TA Securities, TA Securities is of the view that the offer is ‘not fair’ and ‘not reasonable’. Accordingly, TA Securities recommends that you ‘reject’ the offer,” it said.

On Feb 19, PEB announced that it had received a notice of unconditional mandatory takeover offer from Pitahaya after Pitahaya together with the parties acting in concert with the company acquired a total of 45.29 million shares, representing approximately 65.5% of the equity interest in PEB.

The offer price is higher than the daily volume weighted average price (VWAP) of PEB shares since the listing and up to the LPD of March 15, 2021, representing a premium of seven sen (7%) over its last traded market price on the LTD of Feb 18, 2021, and a premium of between 7.81 sen (7.87%) and 11.15 sen (11.63%) over the five-day, one-month, three-month, six-month and one-year VWAPs up to the LTD.

TA Securities said the offer is not reasonable as PEB shares will remain tradable on the Main Market of Bursa Securities and hence, the holders will still have the opportunity to realise their investment in PEB shares at the prevailing market prices in the open market after the closing date (although there is no assurance that PEB shares will continue to trade at the current price levels and trading volume after the closing date).

“The offeror and ultimate offeror intend to maintain the listing status of PEB on the Main Market of Bursa Securities.

Independent adviser recommends shareholders reject ‘not fair, not reasonable’ Pimpinan Ehsan takeover offer

KUALA LUMPUR (March 22): The takeover offer of Pimpinan Ehsan Bhd (PEB) at a cash offer price of RM1.07 a share by Pitahaya (M) Sdn Bhd is deemed not fair and not reasonable, according to independent adviser TA Securities Holdings Bhd.

PEB’s four non-interested directors Shamsiah Hashim @ Abu Bakar, Ibrahim Topaiwah, Jumsi Batri and Mohammad Emir Taufiq Ahmad @ Ahmad Mustapha concurred with the adviser’s evaluation and recommendation to reject the takeover offer.

“The offer is ‘not fair’ in view that although the offer price is higher than the estimated value and market prices of PEB shares up to the LTD [last trading day], the offer price is lower than the market prices of PEB shares after the LTD and up to the LPD [latest practicable date],” said the independent adviser in a circular note today.

We all know it is not possible to buy at 1.07, if anyone know this price is risk free, everybody is queuing at that price

lol MACC stepping in? You got prove or not?

DNEX no show anymore?

We shall see whose gonna regret later lol

Warren buffet once said a famous quote

market sentiment is bad since the take over process has not completed yet, get ready for strong buying power after the exercise is concluded

wait till they announce the take over is complete, you cant get PEB with this price anymore

obviously the take over offer price is not atrractive since reNikola is worth more than that

@dakewlest last date for off - 2nd April

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=206293&name=EA_DS_ATTACHMENTS

@paulthesotong still pending from SC

https://www.sc.com.my/analytics/bonds-sukuk-market/list-of-corporate-bonds-and-sukuk-under-lodge-and-launch-framework

ignore the offer and just hold your tickets, why would u sell off at cheaper price when reNikola is worth much more than the offer?

PITAHAYA had purchased 37.4% shares from the existing major shareholders of the company and
become the single largest shareholder of the company. However, the purchase of 37.4% had
triggered the 33% threshold to issue an unconditional mandatory take-over offer (“MGO”). This
means that to be fair to minor shareholders, PITAHAYA or Lim Beng Guan had to purchase all
remaining shares from the other shareholders at the price of RM 1.07 per share.


It is up to the existing shareholder to commit to sell the shares or not, but based on the future expansion plan of reNIKOLA, the actual number of people selling should be close to 0.

why would you sold your tickets for rm1.07? based on renikola future expansion, it is a bad move since renikola is worth more than this price

I smell goreng goreng

Allianz no rebate ? hmmmmm

Slowly forming nice chart.

After the retrace, Probably this wave got chance to drive the dragon - Next possibility of target price got chance to drop at 1.85 and slowly push up to 2.2.. Anyhow is just my personal opinion, Not a buy call signal. Some looks good, some looks bad. For me, make money is good. PEB is solid, time change, thing change. PEB can really go far.