Posted by SincereStock > 2021-09-01 11:36 | Report Abuse

@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

Posted by SincereStock > 2021-09-02 09:23 | Report Abuse

hopefully today can exit some at 1.85, queued for week+ already

last time after BOD approved exited some at 1.85, then reentered at 1.80, if today can exit 1.85 again = profit

macam ada hope ni hari sikit lagi sampai queue saya

Posted by xytraders > 2021-09-02 09:30 | Report Abuse

SELL before dump, within this two days or these week

Posted by emsvsi > 2021-09-02 09:45 | Report Abuse

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

Posted by SincereStock > 2021-09-02 10:37 | Report Abuse

yg saya takut SCR x pass saja, ada some retailers yg mahu reject juga, better keluar dulu sikit, jgn terlampau byk all in sini, gg kalau SCR fail

Posted by SincereStock > 2021-09-02 10:39 | Report Abuse

plan saya 1.85 out dulu sikit, kalau 1.90 above out lagi more

Posted by stockraider > 2021-09-02 10:42 | Report Abuse

Go for it

Posted by stockraider > 2021-09-02 14:54 | Report Abuse

Why so silly ?...sell rm 1.84...buyback Rm 1.83...just wasting time loh!

Posted by SincereStock > 2021-09-02 15:01 | Report Abuse

1 bid profit hardly even cover brokerage fee lmao

Posted by SincereStock > 2021-09-02 15:02 | Report Abuse

me go for 5 bids at least

Posted by Shivawerer > 2021-09-06 10:19 | Report Abuse

I want to buy options on Mmccorp which one should i buy

Posted by Inv3st0r69 > 2021-09-06 17:50 | Report Abuse

@shivawerer i think c29 is still ok, assuming by 30 nov all went well, if mother share is trading above 1.90, then warrant shud be rm0.70

Posted by idkdontaskmelol > 2021-09-07 19:39 | Report Abuse

Call meeting lor

Posted by ruslimz > 2021-09-07 20:18 | Report Abuse

hoorayyyy..SC approved..no further comments...EGM 30 sept....

Posted by ruslimz > 2021-09-07 20:30 | Report Abuse

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....

Posted by stockraider > 2021-09-07 21:13 | Report Abuse

Buy loh!

$$$$$$$$$$$$$$$$$ coming mah!

Posted by csan > 2021-09-07 21:25 | Report Abuse

no the concern is not retailers rejecting offer. it is large institutions likely rejecting offer. independent adviser likely to recommend not fair, not reasonable.

Posted by ruslimz > 2021-09-07 22:02 | Report Abuse

Mana ada, never happened like that maa...

Posted by Inv3st0r69 > 2021-09-08 10:28 | Report Abuse

Not fair but reasonable, sure PNB follow this one lah hehe

Posted by stockraider > 2021-09-08 10:30 | Report Abuse

PNB already agree to deal...b4 syed mokhtar propose mah!

Posted by katakmampus > 2021-09-08 11:18 | Report Abuse

stockraider PNB already agree to deal...b4 syed mokhtar propose mah!

where is the source of the news?

Posted by kinuxian > 2021-09-08 11:25 | Report Abuse

In this bolehland, if no unofficial nodding from majority shareholder in the first place, chances are SCR wont be triggered at all. Unless there're major changes in direction and leadership in these GLC, their stand unlikely differ from initial "green light".

Posted by beluga > 2021-09-08 13:17 | Report Abuse

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

Posted by katakmampus > 2021-09-08 14:06 | Report Abuse

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???

Posted by stockraider > 2021-09-08 14:14 |

Post removed.Why?

Posted by stockraider > 2021-09-08 14:17 | Report Abuse

Then why u worry leh ?

Buy mah!

If successful Privatization at Rm 2.00 u make if u buy at Rm 1.85 loh!

If not successful MMC still worth Rm 3.32 loh!

Win...win ...mah!

Posted by beluga > Sep 8, 2021 1:17 PM | Report Abuse

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

Posted by veritas > 2021-09-08 14:23 | Report Abuse

CONCLUSION AND RECOMMENDATION
Premised on the above and the evaluations as set out in Sections 5 and 6 of this IAL, Alliance
Investment Bank is of the view that the Proposed SCR is NOT FAIR but REASONABLE.
Accordingly, Alliance Investment Bank recommends that the Entitled Shareholders VOTE IN
FAVOUR of the Special Resolution at the forthcoming EGM of the Company.

Posted by trending > 2021-09-08 16:54 | Report Abuse

min rm2.50!!!

Posted by facsc118 > 2021-09-08 17:22 | Report Abuse

three year never hit RM2 , what you all want

Posted by SincereStock > 2021-09-08 17:32 | Report Abuse

@facsc188 x bersyukur

Posted by SincereStock > 2021-09-08 17:33 | Report Abuse

if privatization rejected, you guys guess next day price RM1.25 or RM2.50?

Posted by Inv3st0r69 > 2021-09-08 17:46 | Report Abuse

haha RM2.50? whos buying at that price lol

Posted by SincereStock > 2021-09-08 18:02 | Report Abuse

tu la yang cakap tu sendiri x pigi sapu RM1.87 di market, tapi suruh SM beli dari dia Rm2.5 pula

Posted by SincereStock > 2021-09-08 18:04 | Report Abuse

time RM1.00 pun x tahu kalau dorang tu ada top up

Posted by katakmampus > 2021-09-08 18:30 | Report Abuse

DONT BE SOOHAI LIKE YOURSELF BOLEH? YOU ARE THE ONE SPREADING YOUR EMOTIONAL VIEW, CAKAP MESTI PASS MESTI UNTUNG MESTI BELI MESTI MESTI MESTI!!! SEMUA MESTI BERLAKU SPERTI MACAM YOU YANG CAKAP!!! IF TAK JADI I SELL TO YOU OK? ADA 3.32 MAH, WIN WIN MAH!! ATAU REBATE TO YOU 5 SEN?? AT 1.95, BOLEH?? YOU CAKAP WIN WIN MAH, YOU BOLEH JUAL KEPADA TSSM MAH!! WIN WIN MAH!!! UNTUNG 5 SEN, WIN WIN MAH!!! YOU NAK TAK? SAYA ADA BANYAK NAK OFFER YOU! TAK NAK?? PERGI BELI KAT MARKET LAH! MASIH MURAH!! WIN WIN MAH!!!
SUDAH ALL IN BELUM?? PERGI REFINANCE EVERY THING, PINJAM AHLONG, BUKA MARGIN AKAUN LAH!! ATAUPUN YOU SUDAH ALL IN, TAPI HARGA TAK NAIK SO YOU DATANG SINI BAGI FAKE INFO, SO ORANG LAIN TOLONG YOU TOLAK HARGA??

PNB TAK CAKAP DIA SUDAH AGREE, YOU JANGAN PUSING2 SAMPAI ORANG LAIN PERCAYA MACAM TU!!!
I TAK MAKI YOU TENTU CAKAP YANG BUKAN2 SAMPAI KE LANGIT, KENA MAKI BARU CAKAP BENAR2 VIEW. TQ ATAS BAGI VIEW YANG BENAR AT LAST, BOODOH!! I PALING BENCI ORANG YANG SEPERTI MACAM NI CAKAP TAK PAKAI OTAK! PUT YOUR OWN VIEW ON TOP OF A STATEMENT AS IF THE PERSON HAS DID IT LIKE YOU SAID. LIKE UNCLE AUNTY IN PASAR

LASTLY, I BAGI YOU SATU CASE STUDY, SINCE YOU ARE SO EXPERIENCED IN STOCK MARKET

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=2479753
THIS SECOND LARGEST SHAREHOLDER ALREADY AGREE BEFORE FIRST LARGEST SHAREHOLDER PROPOSE OFFER???


stockraider Do not be so0hai & be so emotional mah ??

The point is MMC already know PNB the 2nd largest investor mah!

So its common sense & logical that Syed mokhtar will definitely consult PNB b4 they are go ahead mah!

They do not want the embrassment if PNB agst them mah!

Lu tau boh ?

Pakai otak think lah!

Posted by stockraider > 2021-09-08 18:39 |

Post removed.Why?

Posted by Inv3st0r69 > 2021-09-08 18:57 | Report Abuse

dont gaduh2 here.. ur money ur choice

Posted by ruslimz > 2021-09-08 19:19 | Report Abuse

History OF SCR in malaysia were never failed lah....lu sibuk sibuk buat apa....

Posted by n3lly > 2021-09-09 01:31 | Report Abuse

in shock and disbelieve why are you arguing. doubt his opinion and vote will matter. if you are worried this might fail, sell. if you want to support the stock, buy and REMEMBER TO VOTE so that your decision counts.

Posted by stockraider > 2021-09-09 07:57 | Report Abuse

Memang betul loh!

Posted by n3lly > Sep 9, 2021 1:31 AM | Report Abuse

in shock and disbelieve why are you arguing. doubt his opinion and vote will matter. if you are worried this might fail, sell. if you want to support the stock, buy and REMEMBER TO VOTE so that your decision counts.

Posted by dompeilee > 2021-09-10 07:35 | Report Abuse

Nothing is 100% certain in the market. Gamblers gambling as tho' there are certainties is why some ppl jump off skyscrapers after major market crashes...

Posted by stockraider > 2021-09-10 07:51 | Report Abuse

Yes nothing is certain mah!

But if u have 80% to 90% certain...u just go for it mah!

Posted by stockraider > 2021-09-10 08:29 | Report Abuse

Go for it loh!

Posted by n3lly > 2021-09-11 14:20 | Report Abuse

the fact that its trading at 7.5% for 3mths (annualized to 30%) tenure already screamed to everyone that there are still prevailing risks right? as compared to FD's risk free rate @1.85% PA. otherwise, this share will be trading at 1.99 now.

Posted by SincereStock > 2021-09-12 09:39 | Report Abuse

@n3lly prevailing risk, yes that is for sure, no matter how we try to deny it, it is not 100% safe, so for this I won't be willing to go all in this counter, slowly cashing out in according to the market price. not trying to be greedy as I already reaped reward here twice, bought before privatization announcement and during the dip after privatization (can consider all in at some point)

but the other way to look at it, it is definitely worth to keep some of the company's share until at least after the voting EGM.

why? because as the price is still around 6.5% below RM2 now
1) the lower the market price, the better the risk vs reward
2) the lower the market price, it shows that retailers are not confident or persuaded that the company's worth is actually way above RM2, they tends not willing to take further risk, therefore, most likely more retailers will vote for the privatization. at the same time, seeing such situation, PNB will also more likely to do the correct decision for the beneficial of the retailers, and less likely to vote against the privatization


if it is traded at 1.99 now, not sure for the other, but me personally would have been fully cash out from this company already

Posted by stockraider > 2021-09-12 09:40 | Report Abuse

Steady buy loh!

Posted by SincereStock > 2021-09-13 09:42 | Report Abuse

really don't understand this company's privatization, why at this point still can dip, no strong indication that privitization will fail, QR shows improvement, no more CW due to expire prior to EGM

confused...

Posted by stockraider > 2021-09-13 10:20 | Report Abuse

Steady mah!

Not really dip lah!

Posted by SincereStock > 2021-09-14 11:25 | Report Abuse

just switched all my remaining MMCCORP (1.85) shares to SURIA (1.15), so much better opportunity there, can't wait longer for EGM here, SURIA all set to fly (strong fundamental and prospect > tariff increase approved), immediate TP 1.30

Posted by stockraider > 2021-09-14 11:46 | Report Abuse

Collect your Rm 2.00 then only switch mah!