Posted by dompeilee > 2024-01-02 15:00 | Report Abuse

The higher SBagan soars, the more valuable the shr dividend to be paid by Kuchai!

Posted by ACE9696 > 2024-01-02 15:29 | Report Abuse

SUNGAI BAGAN target price RM23.000 & above…. horse year

Posted by SeekUndervalued > 2024-01-03 21:53 | Report Abuse

How high will SBagan goes up? RM 23 not possible… Or RM 4.24 is the limit for this share?

Posted by taitaumau > 2024-01-04 09:14 | Report Abuse

Prior to this proposed acquisition, historical high for SB since 2006 is around 3.96 !

Posted by SeekUndervalued > 2024-01-04 12:48 | Report Abuse

Hmmm, I will avoid this counter then. The volume is too less as well as the dividend.

Posted by dompeilee > 2024-01-04 18:04 | Report Abuse

The historic high is NOT 3.96. That figure is AFTER adjusting for all the dividends & share dividends since then. The actual market price peaks were $4.90 in 1995-1997, $5.70 in 2004, $10.65 in 2005(a very brief ex-bonus peak) & $4.18 in 2018.

Posted by dompeilee > 2024-01-05 08:57 | Report Abuse

My Sungei Bagan realized earnings cross the $5k mark reaching $5,671.82 since '13 after earning ZERO last year when it was comatose ALL YEAR LONG & margin interest piled up on a small stake re-purchased too high in Oct '21!

Posted by TheContrarian > 2024-01-05 19:54 | Report Abuse

I have made slightly more than RM170k in realised gains from the stock market so far until end of last year. Yet to account for the gains I made this week from Kuchai. :-)

Posted by Dehcomic01 > 2024-01-09 16:37 | Report Abuse

According to the Efficient Market Hypothesis, the market price reflects the “true” value of a company as it incorporates all known information. Behind this is the “wisdom of the crowd” concept. This is the idea that large groups of people are collectively smarter than individual experts when it comes to problem-solving and predicting.

Take the example of Sg Bagan Rubber, a Bursa plantation company. When you look at the ROE and share price trend, you can see the share price spiking currently. The last time it occurred was in mid 2021 when the ROE peak. https://i.postimg.cc/Xvqx0kJ4/Sg-Bagan.png
I suspect that it is because of the proposed takeover of Kuchai Dev. Is the market predicting that the coming ROE will be higher than 7.5 % because of the Kuchai Dev?
I think that the wisdom of the crowd does not apply to projecting business performance. If any, it probably applies to market price.

But then the wisdom of the crowd only works if every individual in the crowd thinks independently. I am have my doubts about this independent thoughts when it comes to the stock market. I think herd and lemming behaviour are more likely.

So what can you make about the Sg Bagan market price? I am more inclined to see it as herd behaviour rather than the wisdom of the crowd.

When it comes to is business performance, I rather trust a fundamental analysis rather than the wisdom of the crowd. While I have yet to do a fundamental analysis of Sg Bagan I think that its current business underperformed KLK, my reference Bursa Plantation sector. Secondly, as my analysis of the property sector has shown, it is not an automatic ticket to making money. https://www.youtube.com/watch?v=Wn4p31y0CUQ

Posted by TheContrarian > 2024-01-11 20:58 | Report Abuse

Really pity Dehcomic01, wrote so long but SBagan continues to rise.

Posted by zildjian > 2024-01-11 22:32 | Report Abuse

lol

Posted by TheContrarian > 2024-01-11 23:40 | Report Abuse

Some more got post YouTube.

Posted by dompeilee > 2024-01-15 10:24 | Report Abuse

FRESH 18 YEAR HIGH!!! OMG OMG!!!🍻🏹💰

Posted by TheContrarian > 2024-01-15 13:10 | Report Abuse

Really pity Dehcomic01, SBagan price continues to outperform KLK.

Posted by Diamond7 > 2024-01-15 15:53 | Report Abuse

Any corporate exercise after this?
Any bonus issues ?
Any share splits?

Posted by Diamond7 > 2024-01-15 15:54 | Report Abuse

Can touch RM10.01?

Posted by dompeilee > 2024-01-15 15:58 | Report Abuse

Well well WELL!!!🤑💰💰💰😊 The first time ABOVE $5 since April 2005!!!

Posted by speakup > 2024-01-15 20:51 | Report Abuse

Buy rm5, sell rm10. A double bagger

Posted by dompeilee > 2024-01-16 08:44 | Report Abuse

I would peg the probability of this baby visiting the $6 mark or higher @ 62-38.

Posted by dompeilee > 2024-01-19 10:38 | Report Abuse

This one has stopped rising, but my dearest Kuchai is very strong & inching higher, as though whoever wanted to sell has already sold all !📈🤗

Posted by dompeilee > 2 months ago | Report Abuse

Who is/are these id iots selling 100 shrs continuously since 9:08 am???

Posted by Diamond7 > 1 month ago | Report Abuse

Up.sgain?
What is the latest news?

Posted by Diamond7 > 1 month ago | Report Abuse

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS SUNGEI BAGAN RUBBER COMPANY (MALAYA) BERHAD I. PROPOSED ACQUISITION; II. PROPOSED KDB EXEMPTION; AND III. PROPOSED KRCB EXEMPTION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

Posted by Diamond7 > 1 month ago | Report Abuse

We refer to the announcements dated 29 December 2023, 28 February 2024, 1 March 2024 and 18 March 2024 in relation to the Proposals. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements.



On behalf of the Board, AmInvestment Bank wishes to announce that Bursa Securities had vide its letter dated 22 March 2024 approved the listing and quotation of up to 27,519,500 new Shares to be issued pursuant to the Proposed Acquisition

Posted by speakup > 1 month ago | Report Abuse

limit up today?

Posted by Diamond7 > 1 month ago | Report Abuse

https://www.klsescreener.com/v2/news/view/1264191

Posted by Diamond7 > 1 month ago | Report Abuse

KDB shareholders entitled to Sg Bagan shares and existing Sg Bagan shareholders will now have exposure to a total of 4.76 million Great Eastern shares, which is roughly worth RM290 million based on Great Eastern’s closing price of S$17.78 last Thursday and exchange rate of 3.40 against the Singapore dollar.

At RM290 million, the value of the Great Eastern shares alone exceeds Sg Bagan’s market capitalisation of RM271.96 million.

Putting capital appreciation aside, Great Eastern also provides a consistent stream of dividend income to its shareholders. In the last three financial years, the insurer has doled out dividends per share of 60 to 65 Singapore cents.

Apart from Great Eastern, KDB shareholders would also gain exposure to Sg Bagan’s other investments, being two units of residential flats located in Mayfair, London valued at a total of RM73 million and Sg Bagan’s core business in the oil palm plantations that spans over 4,000 acres.

It is interesting to note that more may be in store for KDB shareholders in the future.

Posted by Diamond7 > 3 weeks ago | Report Abuse

CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED ACQUISITION OF SUBSTANTIALLY ALL OF THE ASSETS AND LIABILITIES OF KUCHAI DEVELOPMENT BERHAD ("KDB") FOR A TOTAL CONSIDERATION OF UP TO RM275.47 MILLION, WHICH WILL BE SATISFIED THROUGH THE ALLOTMENT AND ISSUANCE OF UP TO 27,519,500 NEW ORDINARY SHARES IN SUNGEI BAGAN RUBBER COMPANY (MALAYA) BERHAD ("SG BAGAN") ("SHARES") ("CONSIDERATION SHARES") AT AN ISSUE PRICE OF RM10.01 PER CONSIDERATION SHARE ("PROPOSED ACQUISITION"); (II) PROPOSED EXEMPTION UNDER SUBPARAGRAPH 4.08(1)(A) OF THE RULES ON TAKE-OVERS, MERGERS AND COMPULSORY ACQUISITIONS ("RULES") TO KDB AND PERSONS ACTING IN CONCERT ("PACs") WITH IT FROM THE OBLIGATION TO UNDERTAKE A MANDATORY OFFER ("MO") FOR ALL THE REMAINING SHARES NOT ALREADY HELD BY THEM UPON COMPLETION OF THE PROPOSED ACQUISITION ("PROPOSED KDB EXEMPTION"); AND (III) PROPOSED EXEMPTION UNDER SUBPARAGRAPH 4.08(1)(A) OF THE RULES TO KLUANG RUBBER COMPANY (MALAYA) BERHAD ("KRCB") AND PACs WITH IT FROM THE OBLIGATION TO UNDERTAKE A MO FOR ALL THE REMAINING SHARES NOT ALREADY HELD BY THEM UPON COMPLETION OF THE PROPOSED DISTRIBUTION BY KDB OF ALL OF THE CONSIDERATION SHARES TO THE ENTITLED SHAREHOLDERS OF KDB WHOSE NAMES APPEAR IN THE RECORD OF DEPOSITORS OF KDB ON A DATE TO BE DETERMINED LATER BY WAY OF DIVIDEND-IN-SPECIE AND CAPITAL REDUCTION AND REPAYMENT ("PROPOSED KRCB EXEMPTION")

Posted by dompeilee > 3 weeks ago | Report Abuse

🤗 Resolution has a 98% chance of going through successfully!! Kuchai can aim for $2 before May 7th!

Posted by Diamond7 > 3 weeks ago | Report Abuse

Sbagan looks good
Moving up steadily!
Valued at RM10.01

Posted by Diamond7 > 3 weeks ago | Report Abuse

@dompeilee
Congrats!
Touch RM4.95

Strong...
Very strong!...

Posted by dompeilee > 3 weeks ago | Report Abuse

@Diamond7 Thanks! This one really try my patience also...2 1/2 years since I re-purchased it after it fell from $4.10 to $3.60+

Posted by dompeilee > 3 weeks ago | Report Abuse

TOPPPPP Gainer 2day...the 1st time since early Jan, beating out overhyped, far more expensive stocks like KLK & PetDag & defying the overwhelmingly bearish tone with almost 1,000 LO$ing stocks!😃

Posted by Diamond7 > 3 weeks ago | Report Abuse

Tmoro
Another new high!

Posted by TheContrarian > 3 weeks ago | Report Abuse

I will hold my SBagan until RM10.

Posted by Diamond7 > 3 weeks ago | Report Abuse

@Contrarian
Wah n wah!

Good luck!

More may be in store for SBagan shareholders after this!

"WE" hold till bonus issues are out!

Posted by Diamond7 > 3 weeks ago | Report Abuse

Will directors privatise Sg Bagan since most of the assets are parked here?” market observers are asking!

Posted by Diamond7 > 2 days ago | Report Abuse

Wa
Going to touch RM5.00

Got bonus issues or not later?
Privatise?

Posted by Diamond7 > 2 days ago | Report Abuse

When ex?

Posted by TheContrarian > 1 day ago | Report Abuse

No bonus issue, no privatization.

Posted by dompeilee > 1 day ago | Report Abuse

I've invested almost identical amounts in both Petronm & SBagan...now they're competing to see which can exceed $5 & stay there! Of course, my paper gain in the latter is much more than the former! 😉

Posted by Diamond7 > 3 hours ago | Report Abuse

SINGAPORE: Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) posted on Friday a better-than-expected 5% rise in first-quarter profit and made a S$1.4 billion ($1.04 billion) offer to take its insurer arm Great Eastern private.

OCBC, Great Eastern's biggest shareholder, offered a 37% premium over Great Eastern's last traded shares price to buy the 11.56% stake in the insurer that it does not currently own, valuing the insurer at S$12.12 billon.

It plans to delist Great Eastern from the Singapore bourse if the deal goes through.

OCBC, which is also Southeast Asia's No. 2 lender, forecast its net interest margin at the higher end of a 2.20% to 2.25% range for the full year. It had first provided the range in February

Posted by Diamond7 > 3 hours ago | Report Abuse

Who owns Great Eastern?
Other than OCBC...

Kuchai SBagan or Kluang?

Posted by speakup > 2 hours ago | Report Abuse

Kuchai, but all off it will go to Sbagan after the exercise

Posted by Diamond7 > 2 hours ago | Report Abuse

SINGAPORE: Singapore's second-biggest lender, OCBC, unveiled a S$1.4 billion (US$1.04 billion) offer on Friday (May 10) to buy the remaining stake in insurer Great Eastern Holdings and delist the company.

OCBC, Great Eastern's biggest shareholder, said it would acquire the 11.56 per cent stake in the insurer that it does not currently own. If it goes through, the deal will give the lender full ownership of the firm.
The offer price of S$25.60 per share, a premium of 37 per cent, values Great Eastern at S$12.12 billion

Posted by TheContrarian > 1 hour ago | Report Abuse

Not selling my SBagan until RM10.

Posted by TheContrarian > 1 hour ago | Report Abuse

Just checked : Kuchai holds 3.03 million and SBagan holds 1.73 million shares in Great Eastern.

Posted by Diamond7 > 1 hour ago | Report Abuse

Will SBagan privatise?

Will SBagan propose bonus is

Highly undervalue

Posted by TheContrarian > 1 hour ago | Report Abuse

Most probably SBagan will pay out special dividend after OCBC completes the takeover of Great Eastern.

Posted by dompeilee > 1 hour ago | Report Abuse

TRIPLE Jackpot for me! Great Eastern bought last yr Mar for S$17.52☝ Kuchai bought 64 lots since 2022 @ $1.78 avg incl margin interest✌ & SBagan bought 10 lots since 2015 @ $3.11 avg!💰💰💰