Posted by Lexie1221 > 2017-05-06 23:23 | Report Abuse

agreed

Posted by nickengk > 2017-05-07 08:55 | Report Abuse

RHB advised to accept the MGO, but AmInvest advised again it.
What about CIMB Research?

Posted by nickengk > 2017-05-07 08:56 | Report Abuse

sorry typo...against it

Posted by suregain > 2017-05-07 09:02 | Report Abuse

Rhb advise to acept it? Can share the report?

Posted by suregain > 2017-05-07 09:18 | Report Abuse

Actis now holding how many percent of ghl? How many percent only d mgo sucessful?

Posted by suregain > 2017-05-07 09:27 | Report Abuse

Tis rhb report is before the anouncement of alipay partnership.. Tats y ghl drop on 3 april.. When the alibaba partnership anounced, ghl went limit up on 4 april.. So i think rhb report is not relevant.. But ambank report is just recent, so more relevant.. Y rhb never come out n revise their recomendation after the alipay effect?

Posted by dompeilee > 2017-05-07 09:54 | Report Abuse

Go & recover your massive losses b4 yapping your doggie mouth la, imbecile! HAHAHA!

Posted by suregain > 2017-05-07 10:02 | Report Abuse

Now who is d mad dog barking all around? I think is u

Posted by nickengk > 2017-05-07 10:09 | Report Abuse

GHL SYSTEMS BHD

By RHB Research

Neutral (upgrade)

Target price: RM1

ACTIS, a private equity firm, has proposed to acquire a 44.4% stake in GHL Systems to become the single-largest shareholder.

Concurrently, Actis made a mandatory general offer for the remaining GHL Systems shares at an offer price of RM1.

RHB Research said it saw this as an excellent opportunity for shareholders to monetise their investment and, hence, it advised investors to accept the offer.

The offer price of RM1 implies a 15% discount over its five-day volume-weighted average price (VWAP) of RM1.18.

RHB Research, however, said this was reasonable given that it was largely on par with its six-month VWAP, and translated into an appealing 2018 and 2019 price-to-earnings ratio of 21.6 times and 19.5 times respectively.

It said the offer price implied a decent premium of 8.7% over its previous target price of 92 sen.

As such, RHB Research believed this as an excellent opportunity for investors to capitalise on, and hence advised shareholders to accept the offer.

The research house upgraded the stock to “neutral” with the target price revised to RM1 being the offer price.

On its existing operations, RHB Research remained cautious on near-term earnings visibility, as the current subpar retail climate in Malaysia could impede merchants’acceptance of its transaction payment acquisition (TPA) model.

On the regional front, while its Philippines operation is gradually gaining traction, the research house said that the intensified competition in Thailand remained a cause for concern.

“As such, we see this as a golden opportunity for investors to lock in their profits,” it added.

Posted by nickengk > 2017-05-07 10:10 | Report Abuse

the report was on first week of April 2017

Posted by nickengk > 2017-05-07 10:12 | Report Abuse

4 April 2017

Posted by nickengk > 2017-05-07 10:15 | Report Abuse

I disagree with RHB's analysis.

Posted by nickengk > 2017-05-07 10:21 | Report Abuse

CIMB Research has a target price of RM1.50, but that was before the Alipay came into the picture.

Posted by suregain > 2017-05-07 10:56 | Report Abuse

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=180651&name=EA_DS_ATTACHMENTS

Posted by suregain > 2017-05-07 10:57 | Report Abuse

Pls read page 3 item 4. Aminvest is d independent adviser.. Not rhb, so rhb report is not relevant

Posted by 明天会更好 > 2017-05-07 11:08 | Report Abuse

epay是属于这间公司的吗？

Posted by suregain > 2017-05-07 11:13 | Report Abuse

So far only 2 acceptance received by actis which was on 2 and 5 may.. Need to closely monitor wether any new aceptance this week until 12 may

Posted by nickengk > 2017-05-07 11:28 | Report Abuse

thanks for the link

Posted by Lexie1221 > 2017-05-07 14:45 | Report Abuse

Hope there is no more acceptance until 12th MAy

Posted by Lexie1221 > 2017-05-07 14:48 | Report Abuse

Rhb report definitely not relevant, because it announce before the alipay project, so hold tight.

Posted by nickengk > 2017-05-08 10:49 | Report Abuse

thin vol...getting less ppl selling...it is good, no?

Posted by hillsixtynine > 2017-05-08 12:46 | Report Abuse

Good sign I hope...low volume = low selling = low buying

Posted by Grow1 > 2017-05-08 13:10 | Report Abuse

Type Date of Change Number of Shares Price
Acquired 04-May-2017 31 1.000
Acquired 02-May-2017 2,123 1.000

Why these people didn't sell in open market at 1.4X ?

Odd lots?

Drama?

Posted by Investar2862 > 2017-05-08 16:26 | Report Abuse

Looks like GHL wants to rock!

Posted by UMA > 2017-05-08 17:38 | Report Abuse

Ohhhhhhhhhhh
Yeahhhhhhhhhhhh....

Posted by suregain > 2017-05-08 23:27 | Report Abuse

One more aceptance received.. 56 odd lots only.. I think most probably mgo fail...

Posted by richmao > 2017-05-09 01:15 | Report Abuse

if successful buy over what will happen?

Posted by suregain > 2017-05-09 06:34 | Report Abuse

Time is runing out... 4 more days to go

Posted by SmartAss > 2017-05-09 06:48 | Report Abuse

Why offer only RM1, because ACTIS also do not want this privatise to happen lah...
This 69 ringgit, 31 ringgit shares acquired only to tell you that Malaysia investor are so smart that they only offer peanuts to Actis to show their appreciation to Actis for her investment into GHLsys and help bringing GHLsys to the next milestone.

Posted by nickengk > 2017-05-09 09:36 | Report Abuse

"because ACTIS also do not want this privatization to happen...." interesting thought

Posted by hillsixtynine > 2017-05-09 09:44 | Report Abuse

RHB just released latest research on ghl... New TP 1.15 and recommendations of SELL

Posted by Pavillion > 2017-05-09 10:04 | Report Abuse

http://m.scmp.com/tech/china-tech/article/2089267/alipay-expansion-gathers-speed-move-southeast-asia

Posted by nickengk > 2017-05-09 10:16 | Report Abuse

i choose to ignore RHB's recommendation. If you follow him, your return is negative for the past 12 months.

Posted by nickengk > 2017-05-09 10:18 | Report Abuse

When the price was hovering around RM0.80 for a long time, he had a "sell" call of about RM0.55 (if my memory didn't fail me).

Posted by suregain > 2017-05-09 11:44 | Report Abuse

just ignore rhb... ghl hire aminvest as independent adviser... aminvest said REJECT offer

Posted by Ms123 > 2017-05-09 12:56 | Report Abuse

What is the likelihood of the success of the privatisation? I received the offer to sell at RM 1 again.

Posted by nickengk > 2017-05-09 14:13 | Report Abuse

Ms123 - many of us just throw it into the dustbin..hehehehe

Posted by Ms123 > 2017-05-09 14:46 | Report Abuse

I'm just worry if they proceed to delist GHL once it owned a more than 75 per cent stake.

Posted by nickengk > 2017-05-09 14:48 | Report Abuse

that is the investment risk..you can help them to achieve it by selling to them at RM1. Your choice...

Posted by Vess88 > 2017-05-09 15:07 | Report Abuse

Some people here are so funny. Keep talking about the privatisation. Come on, go do some homework. Actis and Simon are substantial shareholder holders, any share they acquired will be shown in bursa. No huge volume shown traded RM 1. Focus on the news instead of the nearly impossible take over price.

Posted by easypeasy > 2017-05-09 15:07 | Report Abuse

buy more, RHB give you cheap price to buy...lol

Posted by UMA > 2017-05-09 15:50 | Report Abuse

Ohhhhhhhhh
Yeahhhhhhhhh.....

Posted by suregain > 2017-05-09 20:14 | Report Abuse

Today no aceptance.. Tomorow holiday.. 2 more days only.. I think mgo failed!!! Yahooo

Posted by faytdestiny > 2017-05-09 21:42 | Report Abuse

Why still want buy to this co? Wait until things clear isn't better?

Posted by UMA > 2017-05-09 22:08 | Report Abuse

Yeahhhhhhhhhh......

Posted by Lexie1221 > 2017-05-09 22:11 | Report Abuse

if you wait until everything clear, price already fly. You should always know high risk high return. That's why we are buying at our own risk.

Posted by Lexie1221 > 2017-05-09 22:11 | Report Abuse

Vess88 agreed with you

Posted by suregain > 2017-05-09 22:27 | Report Abuse

After mgo failed, ghl wi fly like rocket.. No more chance for u to buy

Posted by BERKSHIRE > 2017-05-09 22:55 | Report Abuse

I even didnt read the RM1 takeover, they just waste tons of paper to print it out.

Posted by suregain > 2017-05-09 23:26 | Report Abuse

My ofer leter suda dikutip oleh alam flora.. Hihihi