So, merge is expected to complete by Q1/or early Q2 2015. So for a 6 months hold, at 2.50, thats 0.32cents upside per share or 320MYR per 1 Lot of 1K share. Thats 12.8% returns in 6 months. Why dump or sell? All indications point to merger still in tact.
Hi, is the offer of RM 2.8 is sure thing yet? Like Gokula Krishnan said, why not put in money for 6 or even 12 months if the return is 'guaranteed'? The big question is will it be 'guaranteed'?
Looks like those newly exercised ESOS shares are being sold causing the lower prices. Either the ESOS holders have no patience to wait for the RM2.82 or do not have confidence in the offer materialising. Now that the Bursa has rejected the appeals by EPF and RHB it is still possible for the deal to go through because the deal is structured in such a way. RHB now needs only 50% plus 1 share which they can even if Abbrar decided to vote against and the others vote for it. (50% of remaining shares excluding EPF41% i.e. 50% of 59% = say 30%).
Look at the financial result and the Attribute to Share Holder. Look at the Profit Attribute to Share Holder. From quarter to quarter it shows higher and higher result. NAPS also increase.
This company is looking good even though the share price drops. It is becoming more value for money. I hv high hope for this company.
I believe the market drop due to oil price drop. Sentiment is down and people is selling like sheep, following the market sentiment. But if you see the record, it is beautiful. Thus, i believe eventually the price will go higher in future as fundamental is use for long and not short.
yawn.... nothing new about the show for merging.... anyway, for any investment advisable not to ALL IN unless you are the insider. However, if you believe the merge eventually will be successful then you just buy some and don't keep stare on it which also happen to Airasia last time when it drops below IPO price and keep dropping until some people give up before it become successful now. So if you believe your sense or research then why not invest some to prove it you are right?
for those hv no idea on it, maybe you can find out who is behind the merger? why they wanna merge it? what is the advantages and disadvantages after merging? who is the top 30 shareholders of these 3 companies? any changes on share holding on top 30 shareholder after merging news announce?
Well, I am accumulating MBSB all the way. For those underperformed stocks which I currently hold, I intend to unload them to raise cash to buy MBSB shares at ongoing price. Against the indicative offer price of RM2.82 upon the merger which is expected to take place in the first quarter of 2015, the potential capital gain will be 15% against the current price of RM2.43. I have the gut feeling the merger will take place. Thus, I am all the way to take this calculated risk, after all at the current price, the PE ratio of MBSB is less than 10 times.
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....
apprentice
789 posts
Posted by apprentice > 2014-11-27 01:06 | Report Abuse
The staffs usually borrow to exercise their option. So obviously they will sell off to repay loan and spend their windfall.