Posted by Tornado > 2015-01-10 23:47 | Report Abuse

In a nutshell , nanyang is saying that:-

Both SMRT & MEGB will go on suspension mode next Monday and SMRT will hold a news conference for a crucial business activity's declaration.

Creador's Raphia proposed to bid for 32.9% of MEGB's stocks held by Siva Kumar last November. The existing 19.2% of MEGB stocks held by Creador's Raphia was transferred to Creador II 's Arenga Pinnata. If an additional 32.9% MEGB stocks were to be bought over by both Creador & SMRT , the total MEGB shares held by SMRT/Creador would sum up to 52.16%, which would exceed the 33% threshold for enforcement of 100% take over and resulted in delisting of MEGB.
With regards to this, SMRT/Creador had earlier agreed upon for SMRT to hold not more that 23% of MEGB's shares for MEGB to be remained listed.

I hope above translation is as close as possible....

Posted by charlieinvestor > 2015-01-10 23:56 | Report Abuse

brossss, i am so worried

Posted by Chentrader > 2015-01-11 00:01 | Report Abuse

no nid worry. worry does not help. Stay strong and have faith on the stock you picked.

Posted by 63333336 > 2015-01-11 00:02 | Report Abuse

Thank you Tornado.

i do believed the deal must be on, for sure, else no need held such "press conference" and share suspension.

Posted by Tornado > 2015-01-11 00:08 | Report Abuse

If you ask for my opinion, I would think cancellation of main board transfer application is a right move, but this move would create a -ve impact. It will depend on how smrt mitigate the situation in next Monday conference, as for me , I think this -ve impact creates a chances for to collect cheap for long term investor who has faith in the company....

Posted by Tornado > 2015-01-11 00:10 | Report Abuse

No problem 36. I am also a chinese ed's who is half pail water in ang mo....

Posted by oxygen > 2015-01-11 08:21 | Report Abuse

hope at the end of the journey, u dont have any more stomach problem!!!

Posted by Tornado > 2015-01-11 09:56 | Report Abuse

If viruses, bacteria, toxic substances..... are mixed into the air " oxygen ", not just stomach problem.... ppl will get " sick ".
Sincerely hope minds with evil intention do not disguise as "oxygen" in the air and affecting innocent folks out there ..... ; )

Posted by oxygen > 2015-01-11 10:45 | Report Abuse

aiyah! just like u also have slight stomach problem!!! hopefully at the end of the journey, the slight irritation will disappear!!!

Posted by Tornado > 2015-01-11 10:48 | Report Abuse

哦。。。 good luck then...

Posted by Luffyking > 2015-01-11 12:09 | Report Abuse

Why worry ? I m regret i didnt top up last friday. Anytgung below 0.7 is a good buy.
Sell me to at 0.65 i sapu .. Anyone ?

Posted by esl_22 > 2015-01-11 14:35 | Report Abuse

Sorry, can I know why so confident?

Posted by workworkwork > 2015-01-11 14:43 | Report Abuse

Top up more on Tues if have panic chickens haha

Posted by Luffyking > 2015-01-11 17:26 | Report Abuse

The 72 mil share is picking up by creador. Price down last friday because investors worried deal being called off. Smrt let go the stake ..

Posted by esl_22 > 2015-01-11 17:42 | Report Abuse

Thx luffyking bro. I guess still many people worry about the called off case..

Posted by psd57 > 2015-01-11 17:48 | Report Abuse

CIMB ANALYSIS HAVE TAKEN RETAIL INVESTORS TO HOLLAND

(1) OH MY ENGLISH .... "SMRT is trading at only 9-11x FY16. P/E. Assuming SMRT’s FY16 net profit to be around RM21m to RM27.5m (without Pro ELT and with Pro ELT) and pegging the value of the stock at 16x FY16 P/E (in line with the education sector), it could trade up to RM1.04-1.38, giving investors 40-86% upside. Potential re-rating catalysts are its transfer from the ACE market to the Main Board and award of the Pro ELT contract" ......... 30 Oct 2014
https://brokingrfs.cimb.com/gxzJUBTgOQBByQJoHSRZVvRi0i56SnpGERnwDti8ff3mMIeGAWZxoHTk2Aok84HR3AetXKIPrmRWNg2.pdf

(2) SMRT - TP RM1.40 / MEGB - TP RM1.18 (by CIMB Head of Research)
http://klse.i3investor.com/blogs/klgemseeker/64740.jsp

Terence WONG, CFA..... CIMB ANALYST
T (60) 3 2261 9088
E terence.wong@cimb.com

Posted by GrandSlam > 2015-01-11 17:50 | Report Abuse

Main boarding listing cancelled?

Posted by esl_22 > 2015-01-11 17:54 | Report Abuse

Yes, GrandSlam bro..

Posted by GrandSlam > 2015-01-11 17:58 | Report Abuse

Should I sell then? :(

Posted by GrandSlam > 2015-01-11 17:58 | Report Abuse

Worry will go down further....

Posted by esl_22 > 2015-01-11 18:03 | Report Abuse

I also no idea, some said good news but some said bad. I also feel not so confident. There will be a press conference on Monday and Tuesday only start trading. My t3 is on Tuesday, so if drop like hell then no choice will pick up since I believe SMRT is a potential company.

Posted by GrandSlam > 2015-01-11 18:06 | Report Abuse

See how tomorrow.... :( thanks.

Posted by marcofu88 > 2015-01-11 22:03 | Report Abuse

Confirm good news punya la....tomorrow after working hour u can go for celebrate dy....gd 9

Posted by themazetrader > 2015-01-11 22:44 | Report Abuse

Smrt should be trading around 80sen now and above Megb for this acquirecition ~ but it's opposite, Megb rallied to 70sen last week.

Posted by saujana > 2015-01-12 00:02 | Report Abuse

http://cha rtian.com/technical-bread-15/

Posted by esl_22 > 2015-01-12 09:48 | Report Abuse

Press conference don't know what time start?

Posted by gorla > 2015-01-12 11:36 | Report Abuse

how to get this SMRT moving up??????????????????????

Posted by Helen_Woo > 2015-01-12 11:39 | Report Abuse

Wait for it to start trading after suspension.

Posted by Keegan Woon Chi Kit > 2015-01-12 12:37 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1848953

Posted by marcofu88 > 2015-01-12 12:52 | Report Abuse

So what is the announce? Good or bad?

Posted by Lucifer178 > 2015-01-12 13:26 | Report Abuse

koyak la bro...tomorrow all down..

Posted by Lucifer178 > 2015-01-12 13:34 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2015/01/12/SMRT-Creador-to-make-RM112m-offer-for-MEGB/?style=biz

Posted by Keegan Woon Chi Kit > 2015-01-12 13:35 | Report Abuse

so its a good thing right?

Posted by Alpha Trader > 2015-01-12 13:40 | Report Abuse

Of course is good, as expected because of private placement and acquisition of megb, the main market transfer have to be delayed, good news for smrt and megb shareholders

Posted by esl_22 > 2015-01-12 13:40 | Report Abuse

Bro lucifer178, why said koyak? It said MEGB will be taken by SASB and karenga which these 2 also under SMRT, right? Isn't it means the deal still on?

Posted by winmore > 2015-01-12 13:43 | Report Abuse

very clearly that the deal is on. . it's a good news!

Posted by Helen_Woo > 2015-01-12 13:46 | Report Abuse

SMRT will go up

Posted by Lucifer178 > 2015-01-12 13:46 | Report Abuse

But bro Alpha Trader, why they offer 60c when market price is 71c for MEGB. That means tomorrow MEGB will fall to around ~60c correct (correct me if i am wrong).

How is that a good thing for either SMRT or MEGB..?

Posted by Luffyking > 2015-01-12 13:46 | Report Abuse

Esl: i told u.. Thoese are ppl who miss the boat! If u have the share, just go party tonight !

Posted by marcofu88 > 2015-01-12 13:46 | Report Abuse

So my bro esl can sleep well already....kekeke

Posted by Keegan Woon Chi Kit > 2015-01-12 13:50 | Report Abuse

Lucifer 178 good for smrt, bad for megb

Posted by YF24 > 2015-01-12 13:54 | Report Abuse

So tomorrow got show?

Posted by esl_22 > 2015-01-12 14:01 | Report Abuse

Yeah loh. Today I look like panda bcz few days didn't sleep good.

Posted by YF24 > 2015-01-12 14:04 | Report Abuse

you holding how many lot of share oh.....so nervous !

Posted by workworkwork > 2015-01-12 14:06 | Report Abuse

good bargain buy by SMRT. anyway, i am waiting to collect from those panic sellers, if any :) should have, i hope...

Posted by paulthesotong > 2015-01-12 14:10 | Report Abuse

O.60 a good price 4 SMRT. GET SMRT!

Posted by esl_22 > 2015-01-12 14:11 | Report Abuse

Not many lah... But for me is a lot.

Posted by esl_22 > 2015-01-12 14:18 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2015/01/12/SMRT-Creador-to-make-RM112m-offer-for-MEGB/?style=biz

Posted by esl_22 > 2015-01-12 14:20 | Report Abuse

The above news means (RM 112,000,000 for 115,656,700 shares hold by Siva kumar, per share is 0.968 per share.)?

Posted by Kingston1 > 2015-01-12 14:20 | Report Abuse

Esl bro, chills! Don't get too nervious. Just enjoy the ride tmr bro. For all smrt holders, enjoy the ride tmr. Opening probably will gap up 5%, to 1.10 is not too far from my expectations. Somehow megb holders don't be too sad, even smrt bought their shares at 0.60c doesn't mean it won't follow smrt to go up. However if you would like to switch your fund to smrt by tmr is not too late yet. Anything below 0.70 will be a strong recommended good buy!