noted with thanks bro rchi

"Posted by rchi > Sep 18, 2015 11:09 AM | Report Abuse

sell aemulus.
"

hahhaha, I tot u like bro region fast hand fast leg

"Posted by mthc > Sep 18, 2015 10:54 AM | Report Abuse

i didn't buy yongyou..

hehe
"

Bro mthc, so fast already sold C23 and Aemulus?

"Posted by mthc > Sep 18, 2015 10:47 AM | Report Abuse

rchi is damn accurate
"

Bro region, u really fast. I haven't go in yet ah

"Posted by region > Sep 18, 2015 10:34 AM | Report Abuse

i bot at 0.28 sell at 0.285..i enuf lol
"

Region, Tenaga C23 u bot wat price?

woow, bro region

Hello Panda0205

Bro simon, next week apa direction?

"Posted by simon84 > Sep 18, 2015 09:50 AM | Report Abuse

Relaks guys.. Next week only got movement
"

so fast u got it, wat price eh?

I Q 0.240 :(

"Posted by region > Sep 18, 2015 09:46 AM | Report Abuse

YY i second round holding....dono yet...but i see hsi and china open then see show first hehehe

"

thanks for the info bro

"Posted by mthc > Sep 18, 2015 09:44 AM | Report Abuse

yongyou.. fkli has been green since morning but some puts have gone up a little bit
"

Good Morning Bro TM, how r u doing? Still in HK?

Bro region, the PUT very dangerous oh, now green

:)

Bro region, look like turning green again eh

congratulation bro region and bro duit

:)

Bro Region

did u sapu vsolar again @0.08? Yesterday before closing, all kena sapu habis.

Good Morning ALL Bro/Sis

Privatization of UEMS unlikely, in our view due to large capex required for Nusajaya and Desaru.

Elsewhere, UEMS could be involved in the Bandar Malaysia development project.
Maintain earnings forecasts, MYR0.99 RNAV-TP (unchanged 0.39x P/RNAV, or -0.2x below its historical mean). HOLD.

What’s New
Market talk on the potential privatization of UEMS by Khazanah has boosted UEMS’ share price, which surged 23% in a week from MYR0.87 on 7 Sep to MYR1.07 (YTD: -22% vs. -8% KLCI).

Elsewhere, according to CH Williams Talhar and Wong (WTW), the transaction adviser for the Bandar Malaysia project, four preferred bidders were shortlisted from the twelve RFP proposals submitted for the project. From our channel checks, UEMS is one of the twelve that submitted the RFP but we are unsure if it is one of the four shortlisted preferred bidders at this juncture.

What’s Our View
In our view, Khazanah is unlikely to privatize UEMS as: i) there is little motivation for it to do so since UEMS is Khazanah’s only listed property vehicle and privatizing it would require Khazanah to find another listing platform for its property assets; and ii) there is huge capex involved in developing the greenfield land in Nusajaya and Desaru. Khazanah would need to fork out MYR1.63b for the remaining 33.9% stake in UEMS, assuming a 20% premium to the current share price. The money would be better used in diversifying Khazanah’s landbank outside of Nusajaya, we think. The attractiveness of the potential land win at the Bandar Malaysia project is dependent on the winning price. Based on our back-ofthe- envelope calculation, a MYR5b GDV could enhance our RNAV estimate by +4sen/shr, assuming a 15% pretax margin, spanning a development period of 10 years.

Source: Maybank Research - 15 Sep 2015

does this mean that the price will only reach 1.60 after this date?

"Posted by UEM_Sunrise > Sep 18, 2015 04:41 AM | Report Abuse

Should be good news. Might be ValueCap money injected here. RCPS could only be converted to UEM S share at RM 1.60 after 4 years 6 mths.
"

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4870325

UEM Sunrise plans to issue RCPS to raise up to RM793m

Published at 2015-09-17 21:04:49 by The Edge

KUALA LUMPUR (Sept 17): UEM Sunrise Bhd (UEMS) and its major shareholder UEM Group Bhd (UEMG) have mutually agreed to terminate a previous share subscription agreement and replace it with a subscription agreement for the proposed issuance of up to 793 million new UEMS redeemable convertible preference shares (UEMS-RCPS), in light of recent movements in the market price of UEMS shares.

UEMS’ share price, which was trading at RM1.43 at the start of the year on Jan 2, has slid 25.17% to RM1.07 at the close of trading today.

Under the new UEMS-RCPS agreement, UEMG agrees to subscribe for up to 793 million of the five-year UEMS-RCPS at an issue price of RM1 each for an aggregate sum of up to RM793 million, to be satisfied fully in cash.

Each of the RCPS can be converted to 1 UEMS share — at any time after the 54th month from the issuance date at the option of the subscriber — at RM1.60 apiece, subject to adjustments, if any.

Based on the issue price, UEMS is expected to raise gross proceeds of up to RM793 million.

The gross proceeds will be utilised to maintain its stake in subsidiary Bandar Nusajaya Development Sdn Bhd through the redemption of 450 million RCPS of RM1 each issued by Bandar Nusajaya to UEMG in 2005.

In the event the RCPS are not redeemed, the RCPS will be automatically converted into Bandar Nusajaya shares on its maturity, resulting in UEMG having a direct stake in Bandar Nusajaya of approximately 21.8%.

Previously, under the now terminated agreement dated April 3, 2015, UEMG had agreed to subscribe for 524.4 million new shares of 50 sen each in UEMS, at an issue price of RM1.47. That share subscription was expected to raise about RM770.9 million for UEMS.

In its filing today, UEMS has further proposed to amend its memorandum and articles of association to facilitate the issuance of the RCPS, as well as to reclassify the mandatory convertible redeemable preference shares of 1 sen each in the group.

The proposals above are subject to the approval of the non-interested shareholders of UEMS at an extraordinary general meeting to be convened.

Barring any unforeseen circumstances, UEMS expects the proposals to be completed by the fourth quarter of this year.

It should be noted that sovereign wealth fund Khazanah Nasional Bhd holds 100% equity interest in UEMG, which in turn holds 66% equity interest in UEMS as at the date of the proposals.

UEMS’ closing price of RM1.07 today, down 1 sen or 0.93% from yesterday’s close, gives it a market capitalisation of RM4.9 billion.

(Note: The Edge Research’s fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)

Good Night ALL

har ???

"prince > my friend working at vsolar ,he say no solar farm...
17/09/2015 14:16 "

:)

Bro DUIT, I have not inserted HG into my mouth yet. should I do it now @0.25?

noted with thanks connie on AA, means it should not skip B before moving to C, correct?

noted with thanks bro TM and bro DUIT

Bro region, u beli HSI and China?

Noted with thanks Bro Indicators

Good Afternoon, Happy Lunching

:)

Bro region

if tomorrow still push up ah, got problem with PUT wo

"Posted by region > Sep 17, 2015 09:16 AM | Report Abuse

afternoon put warrant ada makan dah
"

0650HZ

"Posted by jake81 > Sep 17, 2015 09:21 AM | Report Abuse

as in when i type FBMKLCI, FBMKLCI HZ didnt appear, had to find it in most active
"

me too

"Posted by mslee81 > Sep 17, 2015 09:05 AM | Report Abuse

yaya, yongyou....sarawakian
"

mslee81, u also from East Mal?

:)

Morning Connie

Good day bro rchi

hello trap

Morning jc

Hi seaninis

Hi Sweeswee5454

Morning sis tsy88

Hi Bro region

Hi mslee81

Hi Bro DUN

:)

Hello Bro DUIT

thanks for sharing bro Skyhawk

"Posted by skyhawk > Sep 16, 2015 10:48 PM | Report Abuse

For Cc members who r still holding d putties...hv posted d updates on HG n HK at my blog....http://silkyhawk.blogspot.com
"