SUNGEI BAGAN RUBBER CO (M) BHD

KLSE (MYR): SBAGAN (2569)

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Last Price

5.60

Today's Change

0.00 (0.00%)

Day's Change

5.52 - 5.60

Trading Volume

5,400


3 people like this.

273 comment(s). Last comment by Diamond7 1 month ago

dompeilee

11,888 posts

Posted by dompeilee > 2024-08-01 10:03 | Report Abuse

SOLD 1 lot @ $6.34 to secure my 992nd consecutive capital gain day since July 29th 2020!🤗

calvintaneng

56,603 posts

Posted by calvintaneng > 2024-08-03 00:41 | Report Abuse

Poor dompeilei got tunnel vision
She CANNOT see Value in TSH RESOURCES

UNDERSTANDING DIFFERENT FORMS OF VALUE IN VALUE INVESTING, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-03-story-h-155170407-UNDERSTANDING_DIFFERENT_FORMS_OF_VALUE_IN_VALUE_INVESTING_Calvin_Tan

Diamond7

2,374 posts

Posted by Diamond7 > 2024-08-04 13:20 | Report Abuse

KUALA LUMPUR (June 26): The cut-off date for the proposed disposal of Kuchai Development Bhd’s (KL:KUCHAI) assets and liabilities to Sungei Bagan Rubber Company (KL:SBAGAN) in return for a 29.37% stake in Sungei Bagan has been extended by four months to October 29.

The two companies on Wednesday signed a supplemental letter for the extension, according to Kuchai and Sungei Bagan's filings with the stock exchange, which did not specify the reason for the extension.

Diamond7

2,374 posts

Posted by Diamond7 > 2024-08-04 13:22 | Report Abuse

This swap benefits SBagan...
Time will tell!

Ovantage

10 posts

Posted by Ovantage > 2024-08-13 11:24 | Report Abuse

Delisted share maybe big problem for sg Bagan, I still holding shares of Ytl land, nstp just to name a few..no dividends even annual report for delisted Share holders.

Ovantage

10 posts

Posted by Ovantage > 2024-08-13 11:25 | Report Abuse

Hope this don’t happen to sbagan.. else it’s upto Ocbc to declare how much dividends to shareholders if any..

Ovantage

10 posts

Posted by Ovantage > 2024-08-13 11:26 | Report Abuse

Since not listed, can have flexibility to do anything they want

AhPek

140 posts

Posted by AhPek > 2024-08-13 17:51 | Report Abuse

Sg Bagan got💪💪💪. Don't think OCBC can bully them.

Ovantage

10 posts

Posted by Ovantage > 2024-08-13 20:55 | Report Abuse

Don’t think so.. only 1 % holding in geh.. upto to people to fish meat.

AhPek

140 posts

Posted by AhPek > 1 month ago | Report Abuse

The swap has been sealed. Just wait for the cut-off date. Good for Sg Bagan's shareholders.

multi530

342 posts

Posted by multi530 > 1 month ago | Report Abuse

wondering SBagan to sale Great Eastern or not.

multi530

342 posts

Posted by multi530 > 1 month ago | Report Abuse

if not, share price may be stand above RM6

AhPek

140 posts

Posted by AhPek > 1 month ago | Report Abuse

Hope they sell and distribute to shareholders.

Diamond7

2,374 posts

Posted by Diamond7 > 1 month ago | Report Abuse

I hope the great Eastern deal will go through too!
Let's wait patiently..!

Anyway
The swap with kuchai oso excellent!!!

Diamond7

2,374 posts

Posted by Diamond7 > 1 month ago | Report Abuse

Hopefully after this exercise
SBagan will have implement some cooperate exercise to energise this stock!

taitaumau

276 posts

Posted by taitaumau > 1 month ago | Report Abuse

Ref. SB 4Q report (ending 30/6/24) released on 28/8/24
As in the past, GE shares are classified as investment under non-current assets.
So, may i assume that SB has no intention to dispose of the shares within 1 year ?
Any possibility that the shares be re-classified as current assets b4 auditor sign off his report ? ? ?

multi530

342 posts

Posted by multi530 > 1 month ago | Report Abuse

dont worry too much, Annual reports is going to announce soon, just watch out.

mf

29,189 posts

Posted by mf > 1 month ago | Report Abuse

IDF eliminates Hezbollah's Suhail Hussein Husseini, commander of terror group's headquarters
Story by JERUSALEM POST STAFF • 1h • 1 min read

Diamond7

2,374 posts

Posted by Diamond7 > 1 month ago | Report Abuse

What will happen to SBagan after the swap?
Will they sell the great Eastern shares to OCBC ?

Ahthau

5 posts

Posted by Ahthau > 1 month ago | Report Abuse

Any dividend declare this few days ?

Diamond7

2,374 posts

Posted by Diamond7 > 1 month ago | Report Abuse

SBagan is cash rich!
Think the dividend yield will be good!

dompeilee

11,888 posts

Posted by dompeilee > 1 month ago | Report Abuse

Disappointing dividend of 8c...less than 1.4% yield. My original stake already > DOUBLED so I'll hang on to as many shares as possible while awaiting my stake in Kuchai to give me more! Kuchai itself stands to receive $2.14 mil cash.

Diamond7

2,374 posts

Posted by Diamond7 > 1 month ago | Report Abuse

SINGAPORE (Oct 22): Great Eastern now has till Jan 24, 2025 to comply with the free float rule. The extension was announced on Monday, two days before the company’s previous deadline of Oct 23.

On Aug 2, Great Eastern said it had received approval from the Singapore Exchange Securities Trading that it had until Wednesday to explore options to restore its public float. The trading of shares in Great Eastern was suspended from 9am on July 15.

The company lost its free float on June 14, when offeror Oversea-Chinese Banking Corporation (OCBC) received 1.48 million shares — or 0.31% acceptances from shareholders — taking the bank’s total stake to 90.16%..

Still got HOPE!!!

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