Looking the Price KLK Offer to IJMPLANT is so so not that really attractive at Rm 3.20 mah...to be really attractive the offer price need to go above rm 4.00 higher than previous historical high of rm 4.03 mah!
TODAY KLK IS OFFERING TO TAKE IJMPLANT PLANT FOR RM3.10 CASH PLUS 10 DIVIDEND WILL BE RM3.20!
See IJMPLANT Historic Prices
Posted by calvintaneng > May 12, 2021 11:33 PM | Report Abuse X
IJM PLANT HAS BOTH PALM OIL ESTATE & PALM OIL MILL IN KALIMANTAN & ALSO IN SUMATRA SO ABUNDANT LABOURERS FOR THE PICKING
As you can see both in Years 2008 & 2014 IjMPLANT CROSSED THE RM4.00 MARK
Yes just wait for the takeover circular to be out about next week loh!
1.If KLK intend to maintained the listing status of IJMplant after takeover, it will be very bullish mah! It may shoot passed Rm 3.20 takeover price mah, bcos u r actually a business partner of KLK at IJMPLANT with the same cost of Rm 3.20 mah!
2. If KLK do not want to maintain the listing status of IJMplant...it will be bullish too bcos, KLK would need to fork out more than Rm 3.20 to entice enough minority shareholders to qualify for privatizations, i think an offer price above rm 3.60 to Rm 4.00 is required if want complete privatization mah!
Oil palm companies look attractive with high cpo price and huge land bank but the share price movement has been very slow for many years, unless take over exercises like IJM plantation, Kwantas happened earlier. If want to invest, then need to prepare to hold long term !
1.If KLK intend to maintained the listing status of IJMplant after takeover, it will be very bullish mah! It may shoot passed Rm 3.20 takeover price mah, bcos u r actually a business partner of KLK at IJMPLANT with the same cost of Rm 3.20 OR BELOW mah!
2. If KLK do not want to maintain the listing status of IJMplant...it will be bullish too bcos, KLK would need to fork out more than Rm 3.20 to entice enough minority shareholders to qualify for privatizations, i think an offer price above rm 3.60 to Rm 4.00 is required if want complete privatization mah!
Thus it is bullish for IJMPLANT no matter how U assess mah!
THE POINT IS SAVVY INVESTORS ARE LOOKING AT A RETURN & EXCEED BEYOND THE GO OF RM 3.20 FOR IJMPLANT MAH!
Looking the Price KLK Offer to IJMPLANT is so so not that really attractive at Rm 3.20 mah...to be really attractive the offer price or Ijmplant share price need to go above rm 4.00 higher than previous historical high of rm 4.03 mah!
Posted by winterwolf > Jun 11, 2021 7:59 PM | Report Abuse
KLK is doing a MGO on the remaining shares in IJMPLNT, and further good news is it intends to maintain the listing status, unless other shareholders dump the shares on KLK that listing status cannot be maintained due to breach of listing requirement.
no wonder cpo falling like nobody business today... look who's promoting. calvin the joker man!! hahaha. at first he shout shout at inno forum.. now he dumped it.. and here goes the other list that he wants to unload to you people. don't be that people
thplant slowly moving,be patient.oilpalm productions third quarter usually increase by 30% to 40% compare to second quarter.recently utd plantation and chin teck quarter to quarter net profit increased alomst 70%.
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Posted by calvintaneng > 2021-06-10 07:54 | Report Abuse
Very good morning
As usual Ckk2266 clicked likes
Anyone else like this post pls click likes
Tyvm