PJ DEVELOPMENT HOLDINGS BHD

KLSE (MYR): PJDEV (1945)

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Last Price

1.50

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


6 people like this.

2,867 comment(s). Last comment by Venthaan83 2022-04-29 10:43

micky92

759 posts

Posted by micky92 > 2014-10-10 10:09 | Report Abuse

Haha...the only few ctrs in green

Posted by SungaiPetani > 2014-10-10 10:20 | Report Abuse

buy now when market is down.
sale when market is up.

kllow

166 posts

Posted by kllow > 2014-10-10 10:59 | Report Abuse

KLCI chart looks very bad now :O(

kllow

166 posts

Posted by kllow > 2014-10-10 11:04 | Report Abuse

Trading is based on chart (not on emotion or hope)

akuree

441 posts

Posted by akuree > 2014-10-10 13:16 | Report Abuse

What going on...drop again....hopefully bajet ptg ini naik lagi...

Posted by KingEdward > 2014-10-10 15:30 | Report Abuse

There is no guarantee the price of offer will be good. For one, OSK not taking PJdev private. Therefore there is no call from the investor. It's a merger much like Eco taking over Focal as an already listed vehicle to speed the the process. Here it is similar except Osk now needs a vehicle for core business as they do not have one. Times are bad for property and they may offer low

kllow

166 posts

Posted by kllow > 2014-10-10 15:50 | Report Abuse

In business world is small company can take over big company but in stock market is big fish eats small fish :O)

thinkbig

151 posts

Posted by thinkbig > 2014-10-10 16:10 | Report Abuse

If pjdev be the acquirer, its no longer a RM2 share. With potential market cap exceeds 1b after merging. Looking at current assetd they are holding as well as the attrativeness of the new entity. I am holding pjdev till at least mid 15. It will open the exposure to new env as a top tier property developer. Bear in mind that there is still 1b unbilled sales, no worries on next few quarters. Good luck

Posted by mikashearer > 2014-10-10 18:36 | Report Abuse

As long as the volume is good.... uptrend is just about the time only...

azlan88

509 posts

Posted by azlan88 > 2014-10-10 20:34 | Report Abuse

The deal is confirmed! Waiting only for annoucement

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1762437

thinkbig

151 posts

Posted by thinkbig > 2014-10-10 20:51 | Report Abuse

C'mon. Nothing is confirmed yet lar bro. read properly. they say if anything will announce, doesnt mean already confirmed. zzzzzz. be realistic a bit

Posted by KingEdward > 2014-10-10 20:54 | Report Abuse

Even if confirm, they have to thread carefully. A winner may have to show the righ price offer which is fair or whole deal may get negative market feedback

thinkbig

151 posts

Posted by thinkbig > 2014-10-10 20:56 | Report Abuse

no worries on the merger if you're planning to stay long with the company. A merger entity will be much larger than current size and it will be definitely not a RM2 company anymore after that. It might take some time, but eventually will reach another highest point again. buy with cash and wait for rewards.

azlan88

509 posts

Posted by azlan88 > 2014-10-10 22:37 | Report Abuse

haha. what i mean is they confirmed talking to each other. I believe Pjdev will be the acquirer since they are bigger entity than oskprop. however due to high gearing of pjdev, plus they are acquiring land in australia for 432m, it would be wise for them to offer share and some cash. the way i look at the deal, if it materialise, will benefit mr ong since his 75% shares will be converted to pjdev shares. if oskprop were to acquire pjdev, it will be dilutive to oskprop. The valuation is the key. mq ong may value oskprop at higher price to get more shares.

anyway, i do agree pjdev will be bigger, stronger entity post merger. but it need to reduce its debt, otherwise it will become another tropicana.

kudamuda

293 posts

Posted by kudamuda > 2014-10-11 11:47 | Report Abuse

I have same view with azlan88, it make more sense for PJD to acquire OSKP with shares+cash. Tan Sri OLH will get cash plus increase his holding in PJD.

But, don't forget PJD income is not entirely from property development alone. (although it is the most lucrative one..)

micky92

759 posts

Posted by micky92 > 2014-10-11 12:45 | Report Abuse

Unbilled revenue of more than 1B & expected additional profit of 20% for next financial yr.coming quarter result should be good also.

thinkbig

151 posts

Posted by thinkbig > 2014-10-11 13:21 | Report Abuse

I'm looking at special div + final dividend in coming quarter, 1 question, i remember they declared 2.5cents dividend in recent quarter, but how come still doesnt announce ex-date yet? already 1.5 month? stay long term :)

Good luck investing!

akuree

441 posts

Posted by akuree > 2014-10-12 22:30 | Report Abuse

Waiting for tomorow.....any TP for pjdev???hopefully move...move and fly....

Yoon129

69 posts

Posted by Yoon129 > 2014-10-13 09:02 | Report Abuse

Dow Jones drop again... hopefully not too bad today

Posted by optimus9999 > 2014-10-13 14:53 | Report Abuse

wkakaka......all go holland today....laughdieme

Posted by fundtrader > 2014-10-15 11:15 | Report Abuse

this is the best time to accumulate banking on the high unbilled sales of PJD and Merging news with OSKProp

damagpie

281 posts

Posted by damagpie > 2014-10-15 16:35 | Report Abuse

OSK to take over PJD and OSKP.

Not sure why PJD is free falling on this announcement. Anybody knows why?

CAF-POW

202 posts

Posted by CAF-POW > 2014-10-15 16:43 | Report Abuse

more than 550 counters are in the red..., so, this is expected. Many have become long tern investors ...

Posted by optimus9999 > 2014-10-15 16:44 |

Post removed.Why?

Icon8888

18,658 posts

Posted by Icon8888 > 2014-10-15 16:58 | Report Abuse

Omg ! 167 !!!!

Posted by mikashearer > 2014-10-15 17:01 | Report Abuse

Waa... down like this.... i think.... I will become the loyalty shareholders now.... haha...

thinkbig

151 posts

Posted by thinkbig > 2014-10-15 17:02 | Report Abuse

Another 'forced' loyalty shareholders here :) haha

damagpie

281 posts

Posted by damagpie > 2014-10-15 17:15 | Report Abuse

Is this good news or bad news?

Yoon129

69 posts

Posted by Yoon129 > 2014-10-15 17:22 | Report Abuse

It should be good news

Trisven

301 posts

Posted by Trisven > 2014-10-15 17:24 | Report Abuse

but market sentiment now not good.......good news also not much helping........haiz

Yoon129

69 posts

Posted by Yoon129 > 2014-10-15 17:30 | Report Abuse

haiz....

damagpie

281 posts

Posted by damagpie > 2014-10-15 17:35 | Report Abuse

According to Edge will be a share swap. Perhaps that is why went down.. shareholders expected cash deal?

damagpie

281 posts

Posted by damagpie > 2014-10-15 17:36 | Report Abuse

Perhaps price pushed down so when offer comes it will be at a higher "premium".

Somehow I dont believe that the offer will be based on NTA.

Yoon129

69 posts

Posted by Yoon129 > 2014-10-15 18:16 | Report Abuse

if not base on NTA, at least sure higher than current market price now right?

thinkbig

151 posts

Posted by thinkbig > 2014-10-15 20:02 | Report Abuse

I can't accept this man... wtf seriously...

Posted by Lollipot Anison > 2014-10-15 20:06 | Report Abuse

NTA 2.54. Merge price 1.6
OLH saja kaya

Posted by optimus9999 > 2014-10-15 20:10 |

Post removed.Why?

johnte

192 posts

Posted by johnte > 2014-10-15 20:16 | Report Abuse

OTB advise cash out after getting profit, who greedy just trap

Posted by optimus9999 > 2014-10-15 20:18 | Report Abuse

its just proposal only, unlikely to go thru la....dont worry tomorrow will go up up up!!!

Ravi Kumar

3,635 posts

Posted by Ravi Kumar > 2014-10-15 20:21 | Report Abuse

OptiPussy, you go buy mutual fund!!! I can hold just like Encorp-WA.

Posted by optimus9999 > 2014-10-15 20:25 |

Post removed.Why?

Ravi Kumar

3,635 posts

Posted by Ravi Kumar > 2014-10-15 20:26 | Report Abuse

I will buy some more lembuuuuu watch me make $$$ on the drop

Ravi Kumar

3,635 posts

Posted by Ravi Kumar > 2014-10-15 20:27 | Report Abuse

Sell already wait for chicken like you sell

Jungjung

30 posts

Posted by Jungjung > 2014-10-15 20:28 | Report Abuse

Looks like Optimcock does not understand MGO vs merger. What are you talking abt? It shows your low level experience.wakakakaka

Posted by optimus9999 > 2014-10-15 20:29 |

Post removed.Why?

Posted by optimus9999 > 2014-10-15 20:30 |

Post removed.Why?

thinkbig

151 posts

Posted by thinkbig > 2014-10-15 20:30 | Report Abuse

so guys, whats next?

Posted by optimus9999 > 2014-10-15 20:31 | Report Abuse

sell selll sell.....run run run away.....

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