Posted by bone > 2013-12-16 09:23 | Report Abuse

link?

Posted by sephiroth > 2013-12-16 09:26 | Report Abuse

the edge weekly's article on amprop really helps. the edge didn't state tp 1.35 but now trading at more than 30% discount to nav plus financing provided by giant ambank.

amprop is the direct exposure to uk property play. jump on board guys

Posted by sephiroth > 2013-12-16 09:30 | Report Abuse

the dateline for kesas is another 2 days 18/12/13

Posted by j3ff > 2013-12-16 12:03 | Report Abuse

thanks sephiroth.
the bone - " at its current price of 83 sen per share, AmProp is valued at a 38.5% discount to its net assets per share of RM1.35 as at Sept 30"

Posted by bluesky90 > 2013-12-16 14:31 | Report Abuse

Will the offer of Kesas a good news to this counter?

Posted by sephiroth > 2013-12-16 14:36 | Report Abuse

kesas deal = 250m cash masuk amprop pocket = 43.8 sen per share vs current share price 85 sen, do the math

Posted by bluesky90 > 2013-12-16 14:42 | Report Abuse

thanks sephiroth for your reply.. I still couldnt get what you are saying.. I know the deal worth 250 mil..but how do u u get 43.8 sen?

Posted by sephiroth > 2013-12-16 14:55 | Report Abuse

bluesky, amprop share base 577.6m shares , so 250m/577.6 = 43.28 sen

Posted by bluesky90 > 2013-12-16 15:04 | Report Abuse

what does this shows then?

Posted by sephiroth > 2013-12-16 15:10 | Report Abuse

amprop now have 75.9m cash PLUS 250m =325.9m cash or 56.4 sen per share is cash out of share price 84.5 sen, there's a BIG chance of special dividend

Posted by bluesky90 > 2013-12-16 15:14 | Report Abuse

wow..thanks sephiroth for ur explain..erm..a great insight from you.

Posted by lly316 > 2013-12-16 17:18 | Report Abuse

NOW in will it be too high?? can in? plzz advice...tqtq

Posted by Wiwangwang > 2013-12-16 21:59 | Report Abuse

Erm I think the deal will drop . Because Amprop will not let go the Kesas business for rm250m .
If the deal done , I think that Amprop management also won't propose a special dividend . Anyway I hope Amprop will keep the Kesas business . This is one making cash business for the company . This share is for long term investment .

Posted by smalltimer > 2013-12-17 10:46 | Report Abuse

this share have gone through capital reduction i.e. from RM1 to RM0.50. Still holding at a loss.

Posted by sephiroth > 2013-12-17 10:47 | Report Abuse

deal drop also no big deal, i add more at 0.7X

Posted by bluesky90 > 2013-12-17 10:54 | Report Abuse

How far will this counter go?and how long it takes?

Posted by bone > 2013-12-17 20:44 | Report Abuse

come on amprop, please sustain yourself at a higher price and stop going back to square one

Posted by limchimleong > 2013-12-17 21:47 | Report Abuse

amprop did a very good job since begining of the year, from RM0.495 to RM.0.835 today.

Posted by sephiroth > 2013-12-18 09:32 | Report Abuse

KESAS update… The KESAS offer for the remaining 70% stake closes today with indication that some of the shareholders may accept its offer. This will be immediately earnings accretive for Gamuda and a share price catalyst.

Posted by sephiroth > 2013-12-18 09:33 | Report Abuse

and also very earnings accretive for amprop

Posted by bluesky90 > 2013-12-18 09:39 | Report Abuse

How do u get that info?

Posted by sephiroth > 2013-12-18 09:40 | Report Abuse

http://klse.i3investor.com/blogs/hleresearch/43475.jsp

Posted by bluesky90 > 2013-12-18 09:45 | Report Abuse

Thanks Thanks

Posted by sephiroth > 2013-12-18 18:42 | Report Abuse

We refer to our previous announcements in relation to the offer by Gamuda Berhad (“GAMUDA”) to acquire AMPROP’s 20% equity interest in KESAS (“Offer”).

AMPROP wishes to announce that its Board of Directors today has replied to GAMUDA that it has in principle accepted the Offer subject to both parties agreeing to the revision of certain terms of the Offer. The definitive agreement will be executed upon finalisation of those terms.

Further details will be announced at the appropriate time.

This announcement is dated 18 December 2013.

Posted by sephiroth > 2013-12-18 18:42 | Report Abuse

when is the appropriate time?? haiz...wait again

Posted by iafx > 2013-12-18 22:57 | Report Abuse

http://www.themalaymailonline.com/malaysia/article/as-shareholder-selangor-to-oppose-toll-hikes-for-three-highways

not sure amprop/gamuda will go ahead if the matter turn sour? no respond from pkns & pnb so far

Posted by sephiroth > 2013-12-19 09:19 | Report Abuse

another winner stock 4 me, amprop have just pop a bit

Posted by bluesky90 > 2013-12-19 09:24 | Report Abuse

sephiroth, at what price will u be selling? any range?

Posted by lching > 2013-12-19 09:46 | Report Abuse

minority shareholder is too weak to stop the majority.

Posted by sephiroth > 2013-12-19 09:49 | Report Abuse

bluesky, can't say, probably 92-100

Posted by bluesky90 > 2013-12-19 10:00 | Report Abuse

i see..ok..i think we need to wait for another announcement about the details of the deal...if that is announced, the price might go up further..but the stochastic is showing that it is in the overbought state..it is quite dangerous,isnt it?

Posted by sephiroth > 2013-12-19 15:05 | Report Abuse

starting to pick up ,0.875

Posted by j3ff > 2013-12-19 17:59 | Report Abuse

picked up a bit more at 0.86 : ) finally broke the 0.85 ceiling, sellers Vs buyers's game is coming to an end...expect it to fly very soon...0.90 is the next ceiling to break !!! Come on !!!!!!

Posted by j3ff > 2013-12-19 18:04 | Report Abuse

The Federal Reserve announced on Wednesday night that it would scale back its monthly bond-buying programme from $85bn to $75bn and said it would make similar moderate reductions in the future subject to incoming economic data. The news sent both the Dow Jones Industrial Average and S&P 500 to new record highs on Wall Street ......as investors welcomed the end to months of uncertainty......come on !!!

Posted by limchimleong > 2013-12-23 10:05 | Report Abuse

very stubborn counter.

Posted by Eng Jt > 2013-12-24 08:51 | Report Abuse

We refer to our previous announcements in relation to the offer by Gamuda Berhad (“GAMUDA”) to acquire AMPROP’s 20% equity interest in KESAS (“Offer”).

Further to AMPROP Board of Directors’ (“Board”) reply to GAMUDA on 18 December 2013 whereby the Board had in principle accepted the Offer subject to the revision of certain terms of the Offer, GAMUDA has today revised the purchase consideration in relation to the Offer from RM250 million to RM280 million. Both parties will now work towards finalisation of other terms and full details will be announced after the definitive Share Purchase Agreement has been signed.

This announcement is dated 23 December 2013.

Posted by Eng Jt > 2013-12-24 08:55 | Report Abuse

280mil is how much per share can get.. how to calculate de?

Posted by sephiroth > 2013-12-24 09:11 | Report Abuse

Gamuda has raised its cash offer for the remaining 70% stake in Kesas Holdings Berhad. Gamuda pays Amcorp Properties Bhd RM280m (12% increase from 250m)

http://klse.i3investor.com/blogs/kltrader/43795.jsp

Posted by sephiroth > 2013-12-24 09:13 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1499917

Posted by sephiroth > 2013-12-24 09:16 | Report Abuse

280m/580.72 shares = 48.2 sen per share

Posted by Eng Jt > 2013-12-24 09:18 | Report Abuse

thanks sephiroth.. :) but seems like share price not moving... =.="

Posted by sephiroth > 2013-12-24 09:27 | Report Abuse

traders/big funds/investors, all on holiday ma, price will spike in 2014

Posted by iafx > 2013-12-24 09:31 | Report Abuse

many invest in amprop bcos of stable recurring income. now with kesas sold... no surprise price not moving until mgmt. announce what to do with the $. very likely most of the proceeding will be used to par down borrowings which hike at an alarming rate.

Posted by sephiroth > 2013-12-24 09:38 | Report Abuse

iafx, at least balance sheet is substantially strengtened which very positive for long term investors

Posted by sephiroth > 2013-12-24 10:13 | Report Abuse

showing a tiny bit of GREEN

Posted by jenabchen123 > 2013-12-24 10:29 | Report Abuse

Amprop making a move!!

Posted by jenabchen123 > 2013-12-24 10:29 | Report Abuse

0.87 done!

Posted by jenabchen123 > 2013-12-24 10:32 | Report Abuse

Traders fund managers could be on holiday but their mobile still on, hands itchy .....

Posted by Eng Jt > 2013-12-24 10:32 | Report Abuse

still big resistance at 0.87 there... not yet done...

Posted by thesteward > 2013-12-24 10:56 | Report Abuse

Gamuda makes new offer for Kesas-Cimb day break