PJ DEVELOPMENT-WARRANTS 10/20

KLSE: PJDEV-WC (1945WC)

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Last Price

0.50

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


11 people like this.

3,777 comment(s). Last comment by Venthaan83 2022-04-29 10:45

paperplane

1,403 posts

Posted by paperplane > 2015-02-09 01:04 | Report Abuse

Use /5*4. Thts the offer by ah huat mah

charlie82

350 posts

Posted by charlie82 > 2015-02-09 03:57 | Report Abuse

Osk now 212; PJD=212*4/5=169.6; WC=69.6 :thup

paperplane

1,403 posts

Posted by paperplane > 2015-02-09 08:03 | Report Abuse

Tht is just theory. Dun believe it 100%

Ooi Teik Bee

11,534 posts

Posted by Ooi Teik Bee > 2015-02-13 20:42 | Report Abuse

PJDev Q2 result is still very good. I feel very disappointed. I will not feel so bad if PJDev is not a good stock.

I talk with facts and figures. I do not plug the figures from the sky. Unfair offer for OSKProp and PJDev. I am not a person like to bad mouth anyone, I just want to talk about fair deal. Please understand our feeling when a deal is structured in such unfair way. All minority shareholders are suffering. Truth will prevail.
Thank you.

Icon8888

18,659 posts

Posted by Icon8888 > 2015-02-13 21:39 | Report Abuse

Charlie u need to factor in free wa and dividend that OSK has yet to pay out

charlie82

350 posts

Posted by charlie82 > 2015-02-14 07:27 | Report Abuse

Icon8888 thx
ya forgot to include those and that looks like his way to keep OSK price low and buy other 2 at cheaper pricing plus getting more monies in the kitties from new warrant conversion...wow "killing multiple birds simultaneously"....seemed like a corporate raider stuff huh?

alextcs

98 posts

Posted by alextcs > 2015-02-16 14:53 | Report Abuse

anyone of you heard that OLH is going to withdraw from buying pjdev and pjdev-wc (0.6)? If this news is true, the price of pjdev will start flying~~!! pjdev will be heading to RM2.30 and pjdev-wc will be heading to RM1.2-RM1.3~~!! No wonder these two start moving now....

paperplane

1,403 posts

Posted by paperplane > 2015-02-17 00:03 | Report Abuse

Sure boy, simply spread rumors

davidlai63

626 posts

Posted by davidlai63 > 2015-02-17 23:10 | Report Abuse

Hi Everyone, this PJD - WA still can go in during this time ??

davidlai63

626 posts

Posted by davidlai63 > 2015-02-17 23:10 | Report Abuse

Also, when is this Warrant expired ?

Posted by otbsuckcock > 2015-02-20 18:59 |

Post removed.Why?

sephiroth

14,145 posts

Posted by sephiroth > 2015-02-24 10:38 | Report Abuse

mother seems ada activity, roadblock sikit sikit, time to tambah zzz son first at 58.5/59

paperplane

1,403 posts

Posted by paperplane > 2015-02-24 13:23 | Report Abuse

hehe, slowly but surely kah

sephiroth

14,145 posts

Posted by sephiroth > 2015-03-02 15:39 | Report Abuse

someone keep sapu-ing all 0.57 on sale direct from seller

andyhard

147 posts

Posted by andyhard > 2015-03-02 18:35 | Report Abuse

In my opinion, this stock already have no selling pressure...Guess most of the weak holders being washed out. It will slowly shoot past 60 sen...

helloQst

30 posts

Posted by helloQst > 2015-03-05 22:30 | Report Abuse

andyhard, today still people selling at highest volume then b4??? what happening...???

paperplane

1,403 posts

Posted by paperplane > 2015-03-09 16:19 | Report Abuse

Dead stock cornered. Soon it fly once no more interested. Olh style Mah. Macam osk/oskvi punya style

enid888

581 posts

Posted by enid888 > 2015-03-22 00:55 | Report Abuse

Another tycoon is trying to take Hunza private. Offer price is RM 2.50 for a company that is worth (RNAV) RM7.50 per share. Minorities must say no to this kind of bully, taking advantage of small shareholders. If u r interested, pls go to comments on Hunza in i3.

miketyu

464 posts

Posted by miketyu > 2015-03-30 19:33 | Report Abuse

when is the EGM to decide to merge or not?

sephiroth

14,145 posts

Posted by sephiroth > 2015-04-09 17:06 | Report Abuse

mildly strong buy q at 0.55 (203.2k shares) and 0.555 (288k shares), heading north soon or just a fake buy q, d market have price in the 4 sen dividend (ex-date 16/4), thus premium is only 5 sen (1.55-0.04= 1.51 vs warrant 1.00+0.56=1.56) or premium of 3.3% (1.56-1.51/1.51)

paperplane

1,403 posts

Posted by paperplane > 2015-04-15 08:30 | Report Abuse

Die counter?

Posted by bursaexpert > 2015-04-15 08:32 | Report Abuse

24 hours non stop trying to act smart

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2015-04-17 12:09 | Report Abuse

useless ctr....

sephiroth

14,145 posts

Posted by sephiroth > 2015-04-20 10:37 | Report Abuse

not useless lah, must have titanium patience, if not how can i get 300% profit from this counter, just commenting ini, no offense yah

BUY

0.545 - 100k shares, 0.55 - 239.2k shares, 0.555 - 220.2k shares, 0.56 - 205k shares

SELL (look closely on the puny tiny sell volume)

0.565 - 70k shares, 0.57 - 29k shares, 0.575 - 37k shares, 0.58 - 54.3k shares, 0.59 - 20k shares

dumingjun

143 posts

Posted by dumingjun > 2015-04-20 10:50 | Report Abuse

Wow, sephiroth, really can up??

sephiroth

14,145 posts

Posted by sephiroth > 2015-04-20 11:03 | Report Abuse

dumingjun, i'm no stock god mah but pjd severely undervalue trading at 43% discount to nta 2.63, every qtr make at least eps of 6-7.5 sen, say 1 qtr 6.5 sen, annualised 26 sen for full yr, pe 5.77 times, u think that evil dude ah ong can take private at 1.60 meh? independant adviser sure say not fair n not reasonable mah, i bot 30-32, 50s,60s, sold all at 110/115/117, buy back 60 sold 76, tambah lagi kaw kaw now avg 55.5

imoogi99

1,640 posts

Posted by imoogi99 > 2015-04-20 11:30 | Report Abuse

At 0.565 still a buy. Ah Ong offer 0.60. If the deal goes through, then you make 6.2% within this short period. If the deal does not goes through, let the market tell you how much you can make.

dumingjun

143 posts

Posted by dumingjun > 2015-04-20 11:33 | Report Abuse

the privatisation was not suppose to be privatisation plan I think??
It is just his own consolidation of assets, so he would rather offer you all low price so that no one will willing to accept it so he no need do more GO??

anyway, even so I think he can still go with his plan. So what is next to trigger it move up??

smalltimer

1,501 posts

Posted by smalltimer > 2015-04-24 16:07 | Report Abuse

someone paid somebody to recommend this counter when pjd-w at rm1 to 1.15.

sephiroth

14,145 posts

Posted by sephiroth > 2015-04-29 10:57 | Report Abuse

Load way up 0.545 kikikiki

MrNobody

790 posts

Posted by MrNobody > 2015-05-03 12:36 |

Post removed.Why?

sephiroth

14,145 posts

Posted by sephiroth > 2015-05-08 15:33 | Report Abuse

12.30pm volume 4,000

3.30pm volume 533,000 hmmmm....

imoogi99

1,640 posts

Posted by imoogi99 > 2015-05-12 20:42 | Report Abuse

Finally....0.60 confirm.

Posted by Kelvin Loh > 2015-05-12 21:18 | Report Abuse

merger on? I don't see any annoucement.

Ooi Teik Bee

11,534 posts

Posted by Ooi Teik Bee > 2015-05-13 00:40 | Report Abuse

Posted by rikki > May 13, 2015 12:05 AM | Report Abuse

Am i right to say that the plans have been approved by SC but the proposed voluntary take-over offer may or may not succeed bcoz it depends on the rate of acceptance ???

Posted by rikki > May 13, 2015 12:12 AM | Report Abuse

Sorry, OSK Prop is proposed mandatory take-over offer but PJD is proposed voluntary take-over offer

Posted by kai8994 > May 13, 2015 12:20 AM | Report Abuse

rikki you are right, shareholders of PJD and OSKProp still need to decide whether to accept or not.

Currently, a company that is subject to a take-over offer is required to appoint an independent adviser to provide comments, opinions, information and recommendation on the take-over offer in an independent advice circular. The independent advice circular is subject to the SC’s review and has to be cleared by the SC before it can be issued and despatched to the offeree shareholders.

The take over rule not applicable here? Where is the independent advice circular?

Posted by Ooi Teik Bee > May 13, 2015 12:36 AM | Report Abuse X

For PJDev-WC shareholders, please reject the offer.

PJDev-WC will continue to be listed on Bursa. The share price will return back to its intrinsic value.

Thank you.
Ooi

smalltimer

1,501 posts

Posted by smalltimer > 2015-05-13 08:31 |

Post removed.Why?

jackport

179 posts

Posted by jackport > 2015-05-13 10:19 | Report Abuse

..............

dalpinia

2,299 posts

Posted by dalpinia > 2015-05-13 12:09 | Report Abuse

Please correct me if I'm wrong:

Example: I got 5000 share of PJD, right now OSK is offering RM 1.56 of 5 share to exchange with the new share of OSK Holding of RM 1.95 for 4 share.

Based on current price of OSK Holding (~RM2.2) then if the deal sucessfully approved by all the shareholder then PJD holder is enjoying the deal by exchanging the OSK price at RM2.2.

Moreover: May have free warrant of every 4 OSK share and special dividend of what I heard is 15 cents per share.

The future of new merging OSK Holding is very bright!!! Based on blog below:

http://klse.i3investor.com/blogs/kianweiaritcles/76457.jsp

dalpinia

2,299 posts

Posted by dalpinia > 2015-05-13 12:53 | Report Abuse

Ok....If the deal rejected...then PJD price will sure shot up again....no harm to buy PJD now as we guarantee can earn at least 6 cents (based on current price at RM1.5 for PJD)

et36000

11 posts

Posted by et36000 > 2015-05-15 06:21 | Report Abuse

Hi
Just to check. If based on 5 PJD conv to 4 OSK. 5x1.56(PJD)=RM7.8, 4x2.2(OSK)=RM8.8. Is it better to buy PJD and conv to OSK?

Justin Ngo

517 posts

Posted by Justin Ngo > 2015-05-15 06:31 | Report Abuse

Et, u need to take d 15se special dividend +warrent into consideration. Later need to deduct it. After all, it is still rm 2. Unless, osk go higher, then ur idea can work. If just 2.20, i suggest u buy osk to get special dividend plus warrent is better.

et36000

11 posts

Posted by et36000 > 2015-05-15 06:55 | Report Abuse

Hi justin. Agreed. But based on the current price. I think should more than rm2.20 because of the warrant. Basically from 2.05(the price b4 announcement) add 0.15. Just that. If pjd holder rejected the offer. Pjd price might come down? Even we all know the value of pjd is more than that.

et36000

11 posts

Posted by et36000 > 2015-05-15 06:56 | Report Abuse

Even we take out 0.15. Let said osk rm2. Still rm8. Still better purchase pjd?! Perhaps

Justin Ngo

517 posts

Posted by Justin Ngo > 2015-05-15 07:36 | Report Abuse

Also need to take consideration about the period of convertion. Dont know how long will it takes. May b price is high b4 ex date. Price fall after ex date. At the time, ur share is still pending. Cant sell out as pjdev or osk. So u might get ntg.

So many cases after ex date, price fall sharply. So if u want osk, just buy osk. Dont think of conversion. If u want pjdev, just buy pjdev.

it is just different in d percentage of return. High or low. For sure, u can gain some from this corporate exercise.

paperplane2

3,235 posts

Posted by paperplane2 > 2015-05-26 13:57 | Report Abuse

so undervalued

davidkkw79

5,068 posts

Posted by davidkkw79 > 2015-05-29 13:29 | Report Abuse

which part is undervalue? landbank? or just your personal thought??

JimYeoh

1,514 posts

Posted by JimYeoh > 2015-05-29 16:36 | Report Abuse

undervalued!

davidkkw79

5,068 posts

Posted by davidkkw79 > 2015-06-09 11:32 | Report Abuse

where got undervalue?

Simple man

908 posts

Posted by Simple man > 2015-06-21 12:39 | Report Abuse

蠢蠢欲动

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