Posted by BousteadInvestor > 2 months ago | Report Abuse

really a trap?

Posted by andy123456 > 2021-01-19 22:07 | Report Abuse

can we read it the talk is quite certain? otherwise it aldy deny it

Posted by skc761103 > 2021-01-19 23:14 | Report Abuse

If no confidence enough...u may sell half of your portion...good luck guys

Posted by Scylla > 2021-01-20 00:32 | Report Abuse

Run before too late

Posted by Jonathan Keung > 2021-01-20 07:56 | Report Abuse

Announcement next week ?

Posted by loyalok > 2021-01-20 08:55 | Report Abuse

it is under value stock if management team can perform

Posted by BousteadInvestor > 2021-01-20 09:19 | Report Abuse

sell half. no confirmation

Posted by Condom004 > 2021-01-20 10:00 | Report Abuse

https://www.theedgesingapore.com/news/funds/boustead-projects-establishes-boustead-industrial-fund Bstead project in Singapore

Posted by bulldog > 2021-01-20 10:09 | Report Abuse

Accumulation in progress

Huat chaiii

Posted by BigDaddy88 > 2021-01-20 10:14 | Report Abuse

Boustead cannot make any comments until formal announcement. Privatization news likely to be out next week.

Posted by BousteadInvestor > 2021-01-20 10:28 | Report Abuse

sei lor. shark bout me at 735.

Posted by BousteadInvestor > 2021-01-20 10:29 | Report Abuse

really a trap!

Posted by TheContrarian > 2021-01-20 10:48 | Report Abuse

Maybe not a trap, maybe a trap ......... maybe it's a double trap.

Posted by BousteadInvestor > 2021-01-20 10:50 | Report Abuse

double trap. sold at 735. bought back 760. double trap sei lor

Posted by pakau > 2021-01-20 11:05 | Report Abuse

the privatize price was set at 0.83 the last round, if remember correctly. The par value is more than RM 1.

With Pharmaniaga on Covid, Hotel sell... should be on track more than 0.8

Posted by james8888 > 2021-01-20 11:15 | Report Abuse

latest news. close source says to privatise in may

Posted by TheContrarian > 2021-01-20 11:24 | Report Abuse

Once the announcement is made the market will trade at about 5% below the offer price. If the offer price is 80 sen, the market price will be around 76 Sen. If the offer price is RM4.50 ........ hahahaha.

Posted by Condom004 > 2021-01-20 12:06 | Report Abuse

Yup like bet big small now

Posted by Plantermen > 2021-01-20 13:50 | Report Abuse

Bursa Malaysia rules on delisting
Acquirer parties must have more than >50% of the company shares
>75% of the shareholder agreement
>90% of the shareholder approval can the company be delisted
If >10% objected disagreed. Delisting can be rejected
LTAT & related parties needs to mop up more share { to ensure Boustead delisting is successful

Posted by BousteadInvestor > 2021-01-20 14:27 | Report Abuse

ltat is the buyer today?

Posted by Hl123456 > 2021-01-20 14:31 | Report Abuse

On Sunday night i key in to sell some @ 0.69 however monday opening was 0.745 ..seems a bit odd
something maybe brewing maybe privatization is a go ... not sure but only a thought

Posted by BousteadInvestor > 2021-01-20 14:40 | Report Abuse

GAP UP

Posted by TheContrarian > 2021-01-20 14:57 | Report Abuse

It's a SCR lah, LTAT not buying, go buy a copy of The Edge Weekly and read properly. In a SCR the minority shareholders vote whether to accept the selective capital repayment (SCR) which requires 75% yes votes. If the SCR is approved by the minorities Boustead will pay out to all shareholders except LTAT. Boustead will then be 100% owned by LTAT.

Posted by andyvin07 > 2021-01-20 15:58 | Report Abuse

something is brewing...price increase and gap up but transacted volume is still not big. People still holding tight for a good announcement.

Posted by Plantermen > 2021-01-20 16:06 | Report Abuse

SCR { selective capital reduction and repayment scheme of arrangement } takes app 10- 12 months to be implemented from their date of submission. Using Degem application { SCR } to Bursa last year. Their application to Bursa to delist via SCR was submitted in Sep 2019. Degem was last traded on Bursa on 5 June 2020 at 1.09 .Degem was delisted in July 2020 at 1.10. Whether SCR or otherwise LTAT will opt for the fastest route based on their needs. Just my 2 sen take on the Boustead saga

Posted by Condom004 > 2021-01-20 16:44 | Report Abuse

Canot compare Degem and Bstead lar...somemore now all dunno offer price

Posted by BousteadInvestor > 2021-01-20 17:05 | Report Abuse

announce 70 sen gap down to 67 sen?

Posted by TheContrarian > 2021-01-20 17:07 | Report Abuse

Announce 7 sen, gap down to 6.5 sen.

Posted by BousteadInvestor > 2021-01-20 17:13 | Report Abuse

is a trap

Posted by TheContrarian > 2021-01-20 17:18 | Report Abuse

Yessss, it's a trap.

Posted by Condom004 > 2021-01-20 17:46 | Report Abuse

Stock market..most pantang is 自以为是 like today new Ipo Hpp holding..din dare to buy while 0.52 ..closing 0.7

Posted by Condom004 > 2021-01-20 18:07 | Report Abuse

last round election Dsonic court case i cut loss my Dsonic warant:0.095 ..only Mr W call me dun scare and should average..finally i din listen .. after 2 day rocket up..this round Mr W also got Bstead..he din sell and say worst senario is din privatise only mah..

Posted by Jonathan Keung > 2021-01-20 18:21 | Report Abuse

Best & worst case scenario offer price fixed betw 80 -1.00 { LTAT }

Posted by Condom004 > 2021-01-20 18:24 | Report Abuse

Now i see only got two paper&plastic stock not yet goreng up ...fundamental strong ..other like Pphb Orna Scgm Daibochi Boxpak Muda Tomypak all too high..Even Asiafile also up jo

Posted by TheContrarian > 2021-01-20 18:31 | Report Abuse

@ Jonathan, SCR minimum offer price has to be 95 sen because in the offer document they have to state that it is at a premium over the highest market price in the last 12 months. But RM1 would appear to be more appealing figure. If the RM1 offer price is not acceptable to the minority shareholders and they make noise about it then the offer price would be likely be revised upwards to RM1.10 because they don't want the privatisation to fail.

Posted by BousteadInvestor > 2021-01-20 20:31 | Report Abuse

can’t do 700 or 650?

Posted by Condom004 > 2021-01-20 20:37 | Report Abuse

Got other cheap stock recomend that something like this kind company waiting privatising one? s

Posted by TheContrarian > 2021-01-20 21:23 | Report Abuse

Got several candidates for possible privatisation but don't know when the major shareholders will make the move. You must have deep pocket and patience. My first success was MAA (made over 70% gain), second was TA Enterprise (30% gain) and this month FGV (only 10% gain).

Posted by Condom004 > 2021-01-20 21:51 | Report Abuse

STAR how?

Posted by TheContrarian > 2021-01-20 22:21 | Report Abuse

I haven't monitored Star, so can't comment.

Posted by Jonathan Keung > 2021-01-20 23:14 | Report Abuse

Contrarian: yup. The price need to be higher . Just wait for the good news

Posted by Condom004 > 2021-01-21 08:38 | Report Abuse

Where Steadypunpipi go ?

Posted by BousteadInvestor > 2021-01-21 08:42 | Report Abuse

he quietly buy back 780 yesterday

Posted by Condom004 > 2021-01-21 09:17 | Report Abuse

Now 0.76 give u all chance buy

Posted by BousteadInvestor > 2021-01-21 09:43 | Report Abuse

is a trap

Posted by TheContrarian > 2021-01-21 09:53 | Report Abuse

Remember this, after they make known the offer price it can still be revised upwards if they receive brickbats for offering too low.

Posted by BousteadInvestor > 2021-01-21 09:55 | Report Abuse

I got 50000 shares. sell or hold?

Posted by skc761103 > 2021-01-21 09:56 | Report Abuse

once it break new high today, we may consider to add more...stay tune

Posted by BousteadInvestor > 2021-01-21 10:03 | Report Abuse

who r 4 of us?

Posted by BousteadInvestor > 2021-01-21 10:03 | Report Abuse

lucky I get buy back 760 yesterday