@ruslimz yea agreed~! 5 sen final dividend from the boss, give us the earning of this final QR before he taking back this precious company is not to much to ask for right? hehe
suria shown significantly improved QR, comparable to MMCCORP, price is still below RM1.2, NTA 3.2 (very insignificant debt, can be considered as free of debt)
those who think RM4 is reasonable price for MMCCORP, how much do you think is the reasonable price for SURIA? rather than crying here that privitization of RM2 is unfair, better take profit and move to SURIA
For a person who has the word sincere in his ID, you sure as hell are dumb
MMC's ports straddles the most important trade route in the world, the Straits of Malacca. Its port in PTP is secondary to what is arguably the most important port in the world, PSA while Northport is secondary to Westport. Both will grow in tandem
it doesn't matter how small SURIA is compared to MMCCORP, it is price per share vs price per share, earning *per* share vs EPS
keyword per share, it is not like you are comparing the full ownership of MMCCORP vs SURIA, *only* if that is the case, those who chose SURIA over MMCCORP is dumb
i don't see how this deal will not go through because the offeror is TS Syed Mokhtar. if it's other people... yes, success probability is lower. So it is a bit strange to me that the share price still trade at such wide discount (almost 10% discount ) to the offer price.
is market 'worry' about why the IA report yet to release since it is more than 2 months now? Is alliance investment bank opinion might say "not fair not reasonable"? i think it is very low probability for all the obvious reasons we know. but hey..., the only certainty is uncertainty.
@beluga, IA report will be in a form of letter together with the circular, which will be out on T + 35.. its not like GO where IA issue their letter. but not fair but reasonable is most likely the call from the IA
@sakurako sorry to hear that, always keep in mind penny stock is not what you should go all in (although that is what people like to do to gamble for jackpot), let alone borrowed money, invest only with spare money, you will get good risk vs reward
The report from the IA should be out by this month Sep, with the EGM in Oct, after which, the share price would go close to the offer price of RM2, should the SCR be voted through in Oct. You can then make estimations on the potential returns % within the timeframe, ie annualised returns
after EGM...proposals will be sent to High Court of Malaya for confirmation..then company will fix the entitlement date...then only finally THE RM2 Payments...may be by end of december or latest early Jan next year....
no the concern is not retailers rejecting offer. it is large institutions likely rejecting offer. independent adviser likely to recommend not fair, not reasonable.
The most important document of this whole takeover is officially out, the Circular. If any disputes, lawsuit etc... It will refer to this Circular.
The adviser (Alliance Investment Bank) gave their opinion and recommendation. Based on Alliance IB own valuation, the estimated value per MMC Share is between RM3.32 - RM3.41
stockraider PNB already agree to deal...b4 syed mokhtar propose mah!
I most hate this kind of babi. Suka2 bagi fake info tak bagi source. Mindfk people with his cocky emotion LIKE TO PUT EXCLAMATION??? ASKING PEOPLE TO BELIEVE YOUR SAYING??? THINKING YOU ARE CORRECT AT ALL TIMES??? IGNORE WHEN YOU FOUND OUT YOU ARE WRONG???
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Posted by SincereStock > 2021-08-24 09:40 | Report Abuse
@ruslimz yea agreed~! 5 sen final dividend from the boss, give us the earning of this final QR before he taking back this precious company is not to much to ask for right? hehe