Good thing is osk, pjd and oskprop did not drop very much during last few days compared with others. Why? BECAUSE THEY HAVE DROPPED SO MUCH ALREADY BEFORE THIS!!!
Currently it's a prefect timing for your to accumulate . Scenario A. you accept the RM 1.60 cash offer. Scenario B . you can accept the 5:4 OSK shares and wait for RM0.15 dividend and also the Warrant . If Market is bad . Scenario A will yield 6% within 6 months (1% percent a month) , If Market is good Scenario B can make up to 20-25% .. For fellow investors to consider
Stock market is like poker game, monopoly. If you are not wining mean you are not as good in the game, so don't drag people ancestor and family in. Don't be a sore loser. Admit it, take the loss if you don't to play and move on. If you bot the shares at 1 something or below obviously you will be very happy, and probably sold at 2. But for those who bot at 1.60 and above , well who do you blame other than yourself! If you make money u also never buy him a donut, so he have to make sure all that bot the shares must make money ah? If only u have done your homework and check the real worth of the shares u surely won't be so CLEVER to buy above 1.6 right? Did he ask you to buy? If u want to blame, blame you remisier lol.
Icwin, then why u so clever by this stock and not other stocks? U should set up another PLC if u are so clever and buy your own stock instead of this if u doubt about his ability, LOL
Lee victor, if you are in position, u can also do the same, u jealous? Lol why don't u ask other shareholders to vote u in and u also can draw fat salary lol,
Wats wrong with u sl. .?? Scold this and that..r u part of major share holder. .? U own any single share of this stock? Y u so defend that major shareholder..? If u don't agreed to the minor share holder thinking juz keep ur mouth shut and leave them.. R u getting the salary from olh for doin that..?
Y u always as y to every one.?.if the minor share holder don't get the the fair treat from the olh they also can't say a single word? Who r u to Scold them?? R u clear of u position?? U r juz a part of i3 member. .u r not their teacher or parents. .something out of ur mind?
Even without the RM1.60 offer, with the weak market demand, the price would have dropped to below RM1.60 by now. With the RM1.60 offer, it gives a bit of cushioning effect.
damagpie : You are right. I have re-read the whole proposal . PJDEV shareholders who are taking the offer to convert to OSK shares are NOT entitled to the Dividend and Warrants. They do not intend to take PJDEV private. Thanks for pointing out and correcting my statement .
Simon sorry to disappoint u I make alrdy kaw kaw this shit stk PJ last major round sell around 70 to 80 sen. My Valuation is very conservative and if cpy have issues just use lower valuation when buying. You know stks like PJ,BJCorp, DRB con,Semuadie I will buy also just buy when valuation is low. Not only that at present only holding a bit of stock waiting for right time.Hahaha... Oh to let u know I play this shit stock for more than 10 yrs alrdy. OLH, MrMah ,Tony Tiah,VT, AK Rojaki Halim all blackbird of same feather. The main problem here is integrity issues with conman running these company and also lack of enforcemence on SC part. A fool in OLH position will also make money if He owns PJ etc as properties have risen drastically this few years due to negative real interest rate enviroment. Lastly I have to say again OLH intend to dilute OSK shareholding by injecting PJ and OSKP so he end up holding more shares in OSK. When RHB is dispose he will declare special dividend enriching himself most at the expense of OSK PJ. Simon if u think this senerio is not screwing minorty shareholder than either you are nuts or OLH running dog.
The way u write is so obvious u are lack of self confidence and if so clever u can also built another PLC and do something for yourself. Rather wasting time here. LOL.
Selling his personal stake at lower price is called screwing minority? I think your finance is learn from THE MOST distinguished University of the SMART Fools. U guys are just a bunch of speculators hoping him to give GO at higher price! And u get disgruntled bec he did do what u expect him of doing. U guys are so CLEVER in buying for speculation and ended as sore losers.
Yoon129: The offer if you are referring to VGO from OSK, it won't be so soon, it has to passed OSK own board etc. Probably it will be 6 months down the road. According the latest announcement they intend to complete the exercise by 3Q 2015.
With the current trend, it looks like the stock may not be able to stay at RM1.50. Share prices of other property counters with good earning like Huayang have also tumbled
Sorry guy I didn't come back here for some time bcos the foul smell of sodomised dog drives even mosqitos away and you know lah I cannot understand dog language. I think investor should consider alternative counters which have much better upside if stk market recovers. At the moment with the offer in place there can not be much upside for about half a year but downside is low so switching stock will make good sense. If you guy still love property stock pleanty have drop by half! but be careful headwind strong next year for properties. PJ latest land purchase in Melboure may not be as good as they say. Read up the properties situation in Australia and see if its that good an investment. Don't forget this Aust project is a major project for PJ and hiccup would have large effect on earnings. Last word if possible stay away from conman counters asthere are thousands of stocks going on sale now without these pj problems
another of my concern what if he withdraw his proposal or lower his offer giving excuse of bearish market, another free falling for PJD ???..read the proposal CONDITIONAL..yet to find out what conditions..?? any one can enlighten?
CONDITIONAL..and inter CONDITIONAL.. u know lah OLH mah screw u until u cannot walk man heehehehe... sorry to be so sarcastic can't help it. optimus you r right u r the worm in is belly! His end game is to get him filthy hand an extra 20 to 30% more from the RHB special dividend. Plenty of very well run properties counters with PE of less than 10 out there if u so fancy why lock up your money. 6 month lockup opportunity cost is very high in volatile times u could double your money by then if you got the right stock!!
oh I also want to thank OLH for doing this deed at least stock only fall a little so can sell all and sapu other stock that have fallen big time! Hahahaha... ok everybody don't say I didn't tell u guy to switch.. sorry tell a bit late bcos there was a pariah dog from OLH running loose...
don't bother he will revise his offer then you will hold toilet paper,like I say thousand of stock on offer Grand sale! why buy rubbish conman counter! unless u like to be double sodomized like a dog!!! sorry got to go , sale is on!!!!
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....
Lee Victor
191 posts
Posted by Lee Victor > 2014-12-03 11:31 | Report Abuse
he is selfish.......Mr Simon pls don't treat him like he and his family is doing charity to all shareholders...