if they don't accept the offer then , mbsb may be dropped back to yesterday price .. it's a bet... but i think they will try to convince them or pay them extra to make it happen.. it's seem it's najib direction to create a bigger bank.
Maybank just gave it a TP of 2.82.. the offered price. After all the profit taking cleared, the price should hover around 2.82. Hope for special dividend too later.
Its ady announced and confirmed that Mbsb's offered price is 2.82. Whether DJ +500 or -500, the price remains. The uncertainty is the dividend in the coming quarter results.
why worry about dow jones dropping or not?just hope for the best of the merger and expect lucrative special dividend. At this moment, just ignore the current price of this counter. Please look at 2.82. drop buy, and if drop further, buy even more. whack hard. LoL.
What happen here? Finger itchy. I sold! Everyone made money here. Finally i can sell old mbsb. Under bed for years now. So many drop. At least one good news.
I have already bought 30 lots at an average price of RM2.625 last Friday. That is why I am worry if it cannot sustain at the RM2.60 to RM2.70 level if Dow Jones continue to drop. Unless I wait until mid 2015 to opt for the cash offer of RM2.82. Of course it will be even better if got special dividend at the third quarter results at mid November 2014. I am totally new to this counter.
I agreed with Oldstory...I sold all, made few thousands. At d moment only this counter kind to me. Take the money to invest into other counters like seacera, skpetro as they r very down now, and eventually can get good returns too.
Ahlek, I just bgt to average lower the two counters...then can freeze them, just like mbsb. Last time my mbsb was 2.73, bgt few times to average to 2.16..freeze till last Friday :)
good news!! Just get to know from osk staff that they hv receive memo about new mangement coming in. i ask about the epf vote issue, they say internally the merge is confirmed and cimb is taking up 70%, rhb 30% after merged.
MBSB very safe haven during market uncertainty, sure got dividend for 3Q, some more special dividend will be considered likely, takeover deal at 2.82, everyone will buy into this counter.
41055 q-buy at 2.65 vs 5290 q-sell at 2.66. Like this also no big fish willing to eat up 2.66??? Very boring tight range trading for today (Tuesday). Looks like will close at 2.65.
Wah! Big fish sold 3222000 at 2.65. Just hope the 2.65 can hold till the end of today's trading. Tomorrow DJ will have a technical rebound based on its green futures now.
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....
Patrick Ngian
170 posts
Posted by Patrick Ngian > 2014-10-10 12:36 | Report Abuse
at current price (2.6) 8.46% risk free return if deal succeed. higher than FD... lol