Yes, VT and Berjaya buying more to increase their stakes. I noticed that they are selling MAGNI and buying REDTONE lately, more buying will come. Results will be out next week too.
I think Berjaya is going to collect more and more shares before a corporate exercise is set to be announced, but not too long from now as the GO is over for more than 2 months and it is time for some actions.
Very likely, Sebastian. Look at the Sell Q now, 10695 to sell at 64.0, who is so stupid to q all at 64.0 to sell, if you want to sell at 64.0, then slowly you feed the market, why should you just Q all there?! Definitely someone is buying and still buying more, by trying to block it at 64.0, he can collect more at lower price than 64.0. My 2 sen opinion. Haha ....
What happen to Redtone. It was supposed to be taken over at 80 sens but the shareholders rejected it saying that is was too cheap. And now at 64 sens, it is even cheaper.
Dont miss the opportunity to make some quick money. This counter last time Berjaya Tan Sri want to take over at 80 sens, shareholders reject offer saying it is too cheap.
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setia2u
971 posts
Posted by setia2u > 2015-07-24 19:28 | Report Abuse
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4810385