The reason I join in a very last minute because I strongly believe the deal will be success, there's no other option for both party. I don't buy on rumour so I miss the 1st big boat, but fact can earn me a little as well. Have faith! Good luck guys.. Thanks MasInvest for sharing
If you want to triple confirm the source. Just walk into any p1 stop(the big shop one , not those stand) and ask them .. "eh i heard someone buying over p1 , like that the service i pay for still ok ah? how ah?)
Will Digi offer to buy up the warrant too in this exercise?. Judging from the warrant slow movement...............looks like it wont. Any hope for the warrant to be extended another 5 years and lower the conversion pricing?
so now what shld be the good buying price? less than 0.6 is it? missed the 0.605 jus now. ..new in trading, not sure my chart reading correct or not :) tq
Guys, first, dont buy Nova. someone push it so hard for a reason. back to gpacket, 0.60 seems to be the support line...today the star coverage again on P1. the deal is still ongoing. No one deny and no one confirm. Buy on rumours, sell on news again? Good luck guys. Have a nice evening
Sunday news will out? I think many are expecting news within 1-2 weeks time...how solid is this? In this case, think properly, might consider going Gong Hu, Show Hand
There are 3 choices now: 1. You believe P1 will be sold. Cont accumulate/Hold 2. You believe the news is fake and will not be successful. Sell it and take profit 3. Not sure. Stay away from this counter.
It's all your decision. I'm the supporter of 1st choice, but I'm always ready with cut loss target.
The sale of mobile broadband service provider Packet One Networks (Malaysia) Sdn Bhd (P1) is close to being a done deal. The likely buyer is said to be DiGi.Com Bhd which is expected to pay no less than RM1 bil.
Billion-ringgit offer at GPacket's feet
This price tag is much higher than the speculated selling price of a low of RM700 mil. It is learnt that the ball is now in Green Packet’s court.
DiGi.Com emerged as the likely party to acquire P1 after earlier reports that several telecommunication companies were interested in Green Packet’s core asset.
The deal could also see Green Packet’s South Korean partner exiting the mobile broadband service provider. Green Packet owns 55% of P1 while South Korea’s SK Telecom has 28%.
“The deal is on the table and price will be the deciding factor. So far, it appears that Green Packet is not willing to let go of P1 at a price that values the company at significantly lower than RM1.5 bil,” a source familiar with the matter says.
“So far, a decision has yet to be made. The board is to meet soon and discuss the matter.”
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....
fatinvest
146 posts
Posted by fatinvest > 2013-10-03 16:04 | Report Abuse
Be patient!
This is a billion ringgit deal, not kacang putih.