@ryan_och that was not a failed takeover. the offer document clearly stated that Berjaya's intention was to maintain the listing status of redtone. and in fact i would say it's successful as it reached the unconditional for the offer :)
But I think BJ has definitely done their homeworks when they came out to offer 80.0 sen. When the profits is doubled in, then the current PE is just historical, we need to look at the future, especially for share market, looking forward.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
sob8
18 posts
Posted by sob8 > 2015-05-25 13:23 | Report Abuse
good time to collect now ;)