Hey everyone, since the deal is worth 400m and is funded by 400m worth of new shares of TMC life, in addition 1 warrant is given for every 2 shares for the abovementioned shares. Wouldnt this mean that TMC is overpaying for the assets?
Secondly, if there are new warrants for current shareholders to the tune of about 500m, wouldnt this all dilute the share price?
Thirdly, what is the typical timeframe for the exdate after announcement?
no commend presleyken... but if u paln for long term then can buy some to keep for few years since they just started the asset injection and the expansion... am still holding la... and plan to hold longer... my buying price was half of this la...
from technical analysis it seems quite good, no signs of reversal, looks like uptrend for this few days. trade sideways for a while. long term definitely good but it depends on yr risk appetite as well.
tmc price shot up from 40+ to 70+ now bec sultan johor bot some shares. Look at bornoil. From 30sen now 90+ sen, bec sultan johor buying. Hope tmc fly monday.
gua sudah predicted. check few early comments. penangan mulut prediction cun cun sui sui. kikikiii - yes: buy glotec, esceram, pworth and cme .. repeat success. yakin kuasa ayam. dont worry ini ayam tuahh.. bukan ayam goreng atau ayam kfc.
eee... sorry leh... but am still holding also... anyway, we cant predict the what price it will go lo... but if u think can take profit then just do yr own very decision as diff people have diff perspective in trading/investment... hope you guys earn la...
Alex .. the first phase expansion will end around 2018 ... They propose to fully utilize all their land ... Currently they only utilize 21% of their land ... Look at the potential ..
And look at the track record of Peter Lim ... And look at the leader of the medical counter which will generate high FCF return rate...
IMHO, this counter will be a forever buy on dip, no sell.
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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....
HockLoh
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Posted by HockLoh > 2015-02-10 16:17 | Report Abuse
profit taken! time to buy back