T3 means payment day. No payment today, tomorrow force selling. So T4 more selling than buying. Unless operator is in long position. So price still got to go up some more......
lmf_hau - sorry u wrong... OSK give T7 if u bought main market (2nd board still T3 only) but whenever passed T3 they'll call and let u know they'll incur some cost - like overdraft - daily rest. i did that.
NTA at 1.71 @ 2011 plus 50sen cash per share and 22 Million CEPCO shares. free float 60%. valuable land bank at Kajang. Major shareholder holding less than 20%. Counter may attract funds or other interested parties. RHB valuation at 1.77 . highly possible as a take over target. this is my personal opinion
hana. rhb research.other details need to look at their annual report. ng ah chai bought 5.63 Million shares open market 1.25%. fillings from KLSE return
SYF Resources Bhd chairman Ng Ah Chai plans to boost his interest in Inch Kenneth Kajang Rubber Public Ltd Co by as early as this week. Last week, BT reported that the tycoon was going to raise his personal stake in Inch Kenneth to about 10%.
Subsequently, on Jan 17, Inch Kenneth told the stock exchange that Ng had bought more of the company's shares from Jan 11-17 this year.
Against this backdrop, Inch Kenneth had started buying back its own shares in recent days. From Dec 27 last year until today, the company has bought back some 6.39m of its shares to bring its treasury shareholding to 6.75m shares.
As a result of the purchase, Ng now controls 42.16m Inch Kenneth shares, giving him ownership of 10.2% of the company. Ng and parties alligned to him are expected to boost their stake in Inch Kenneth to about 15% by the end of this week, said a person familiar with Ng's plans for the company. "Ng might tie up with another public-listed company to gain a firmer foothold in Inch Kenneth," said the source. The source said by the end of next week, they will request for a board seat.
"Their desire for now is not to take control of Inch Kenneth, but to force the current Inch Kenneth board to either return the cash from the company's war chest or to provide a detailed plan on the company's future development plans." (BT)
Good news... its nta is far above the current market price.. Go for RM1.7.. yes,,yes,, i will support to push up the price ,, hehehe,, with my limited capital ..
is this company want to privatize? all the announcement is share buy back from August 2012 until today. The net assets/share is 1.72..hope it can reach 1.35. last month 31/12 is 0.845, yesterday is 1.01, highest is 1.12 18/1
wow, total assets as at 30/9/12 RM726.9 million, total liabilities is only RM3.9m plus massive total share buyback of 15,715,900 shares. Cash at RM212m
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Swift Energy Technology Berhad, an industrial automation and power systems provider, aims to list on the ACE Market!
MQ Trader 1330 views | 18 h ago
0:17
New IPO: Carlo Rino Group Berhad, a leading fashion retailer of women’s handbags, footwear, and accessories, aims to list on the ACE Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
eddyng3300
116 posts
Posted by eddyng3300 > 2013-01-17 22:53 | Report Abuse
Cannot be going up everyday, must have some profit taking in between. Be careful!