Posted by FinanceInRealLife > 2023-08-29 20:05 | Report Abuse

We discuss in-depth here: https://www.youtube.com/watch?v=aZ7IDGt3Wro

Posted by hhhiii123 > 2023-08-29 21:35 | Report Abuse

let's hope for special dividend, wakaka

Posted by Dakewlest > 2023-08-30 22:45 | Report Abuse

Anyone buying?

Posted by kokchengkai > 2023-08-31 14:32 | Report Abuse

Dakeslest if ikan bilis i guess buying is less coz left not much meat in the pond if offer price RM5.00 .mayb Sime or related party is busying collecting less than RM5 ticket to reduce the MGO kos

Posted by kokchengkai > 2023-08-31 14:38 | Report Abuse

hhhiii123 if got special dividend then Sime directly earn kaw kaw hahaha,so shift to SIME oso a good deal if SIME price still under 2.30

Posted by Attaaaaaack > 2023-09-01 09:48 | Report Abuse

Good Morning everyone, SIME might be heading towards 2.40 by mid of the month, lai lai fater get ur tickets..😎

Posted by kokchengkai > 2023-09-01 15:38 | Report Abuse

hopefully UMW　one more time dividen before accept RM5 offer in year end

Posted by ChloeTai > 2023-09-02 17:57 | Report Abuse

Based on UMW superb 2n quater results, I hope Sime Darby could raise the MGO price to RM5.10.

Posted by hw0706 > 2023-09-03 11:39 | Report Abuse

UMW at least is worth 7++

Posted by hhhiii123 > 2023-09-03 21:10 | Report Abuse

@kokcheng, i own both Sime and UMW, espically SIME with good profit, wakaka

Posted by Paul Tan > 2023-09-07 13:44 | Report Abuse

UMW Toyota latest sales update https://paultan.org/2023/09/07/umw-toyota-motor-sold-10275-units-in-august-2023-67283-units-ytd-up-9-2-from-same-period-in-2022/

Posted by ChloeTai > 2023-09-14 17:02 | Report Abuse

Rough Estimate of the Time Taken to Complete the Whole Process of Sime Darby Privatizing UMW (Revised)
24.08.2023 –Sime Darby announced that it will take over UMW.
16.11.2023 – EGM
27.11.2023 – Notice of conditional voluntary take-over offer from Sime Darby after EGM.
06.12.2023 – Offer document (RM5.00 per lot) will be posted to UMW shareholders.
06.01.2024 – UMW shareholders have to sign and agree to take the offer of RM5.00 and send back to Sime Darby (Registrar – Tricor Investor & Issuing House Services Sdn Bhd).

06.01.2024 – Sime Darby must get at least 90% acceptance within 3 weeks to 1 month.
06.02.2024 – UMW shareholders to get cash via CDS registered bank account for the UMW shares sold to Sime Darby.

Posted by hhhiii123 > 2023-09-17 16:25 | Report Abuse

AMBANk keep buy at 5.79 and sell at 5.81, such dirty trick to push down the price, special dividend should be announced soon.

Posted by ChloeTai > 2023-09-18 11:53 | Report Abuse

AMBANK is representing UMW while CIMB is representing SIME in the process of SIME taking over UMW.

Posted by ChloeTai > 2023-09-18 12:25 | Report Abuse

The takeover offer price is RM5.00 per UMW share. At this moment, UMW is trading at an average price of RM4.77.

Posted by ChloeTai > 2023-09-18 18:14 | Report Abuse

I think hhhiii123 typed wrongly. The 5.79 should be 4.79 (UMW price). The 5.81 should be 4.81 (UMW price).

Posted by Paul Tan > 2023-09-26 17:19 | Report Abuse

what a weird spike to 4.9

Posted by kokchengkai > 2023-09-26 17:38 | Report Abuse

EPF buy for what??? if offer price is RM5 mean profit is less than 4% if minus trade charge

Posted by kokchengkai > 2023-09-26 17:40 | Report Abuse

Paul Tan jst moving between 4.7 to 5.00 this area .today up,tmr mayb drop until december mayb close to RM5.00 then stop moving hahaha

Posted by hhhiii123 > 2023-09-26 18:55 | Report Abuse

Special dividend incoming?

Posted by Paul Tan > 2023-09-26 20:46 | Report Abuse

the spread looks abnormally big lol

Posted by ChloeTai > 2023-09-27 08:36 | Report Abuse

Sime Darby announced that they will be having an AGM to seek share holders approval for taking over UMW.

Posted by hw0706 > 2023-09-27 10:37 | Report Abuse

DEAL OFF

Posted by soon9913 > 2023-09-28 21:52 | Report Abuse

deal off should be limit down ady... drop 10cents for what

Posted by soon9913 > 2023-09-28 21:53 | Report Abuse

hopefully the company could declare div as usual in coming quarter...

Posted by speakup > 2023-09-28 21:55 | Report Abuse

hw0706 want u sell cheap to him

Posted by soon9913 > 2023-09-29 12:17 | Report Abuse

Good price to buy some .. better than FD interest

Posted by ChloeTai > 2023-10-01 13:33 | Report Abuse

@ soon9913, usually UMW gives dividend in the February Quarter 4 results. I think by that time is under the MGO late stage already. Unlikely they will give dividend in Nov 2023 quarter report.

Posted by ChloeTai > 2023-10-02 10:58 | Report Abuse

I really hope Sime taking UMW will not fail like Bplant.

Posted by ChloeTai > 2023-10-03 16:56 | Report Abuse

Today 3 October 2023 UMW drops 3 sen to RM4.73, as it is affected by the KLK & BPLANT failed privatisation.

Posted by ChloeTai > 2023-10-03 17:16 | Report Abuse

UMW & SIME, please don't fail. It is very pitiful to BPLANT shareholders.

Posted by ChloeTai > 2023-10-03 18:30 | Report Abuse

Group chief executive officer Datuk Jeffri Salim Davidson said following the conditional share purchase agreement (SPA) with PNB today, the group will seek shareholders' consent at an extraordinary general meeting in November.

I called Sime's investor relation and she said the date of the EGM is 16 November 2023.

The chain reaction of KLK_BPLANT failure can affect SIME_UMW sentiment. If it safely sailed through 16.11.2023 EGM, then it becomes UNCONDITIONAL.

Posted by ChloeTai > 2023-10-04 09:23 | Report Abuse

Things are progressing:
On behalf of Sime Darby, CIMB wishes to announce that the application has been submitted today to the Securities Commission Malaysia in respect of waiver(s) and/or consent(s) for:
(i) the appointment of persons nominated by SDESB as directors of UMW; and
(ii) the resignation of the existing nominee directors of PNB from their directorships and/or offices in UMW,

Posted by ChloeTai > 2023-10-04 09:25 | Report Abuse

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description SIME DARBY BERHAD ("SIME DARBY" OR "COMPANY")
(I) PROPOSED ACQUISITION; AND
(II) PROPOSED MGO

Posted by ChloeTai > 2023-10-04 17:00 | Report Abuse

4 Oct 2023 Very high selling pressure. 1,763,600 Sell Q at RM4.75. But last minute close at RM4.75.

Posted by ChloeTai > 2023-10-04 17:11 | Report Abuse

As long as the UMW acquisition does not fail, its daily fluctuation can be ignored. At this moment, the Bplant_KLK takeover still pending and both Bplant & KLK already suspended for two consecutive days.

Posted by ChloeTai > 2023-10-04 20:58 | Report Abuse

KLK acquiring BLANT had officially teminated.

Posted by Paul Tan > 2023-10-05 06:38 | Report Abuse

ltat now giving bplant the same deal

Posted by Paul Tan > 2023-10-06 08:49 | Report Abuse

everyone is spooked over bplant

Posted by ChloeTai > 2023-10-06 14:50 | Report Abuse

It will be tight range trading at this moment. After EGM on 17 Nov 2023, nothing to worry already. According to kokchengkai, it will move close to RM5.00. Be patient.

Posted by ChloeTai > 2023-10-06 15:08 | Report Abuse

soon93 hope for a final dividend before in Nov 2023 quarter results. If it is true, shareholders will be fortunate. If no dividend is given, I am thinking of buying UMW-C45.

Posted by ChloeTai > 2023-10-06 16:53 | Report Abuse

Everyday keeps on dropping as if the acquisition of UMW is going to fail.

Posted by soon9913 > 2023-10-06 21:15 | Report Abuse

dont worries.. wait until 16.11

Posted by Dakewlest > 2023-10-07 00:19 | Report Abuse

Anyone buying? Just curious?

Posted by ChloeTai > 2023-10-09 17:03 | Report Abuse

9 Oct 2023 : Stay steady at 4.73. No interest for both bulls nor bears. Still got 28 days more for EGM on 16 Nov 2023.

Posted by Paul Tan > 2023-10-10 12:52 | Report Abuse

toyota september 2023 sales

https://paultan.org/2023/10/10/umw-toyota-sold-9228-units-in-sept-8-higher-ytd/

Posted by Paul Tan > 2023-10-11 15:41 | Report Abuse

ok la price starting to recover

Posted by connor94 > 2023-10-11 16:07 | Report Abuse

EPF BOUGHT UMW HOLDINGS BHD #UMW at an average of RM4.81 https://www.instagram.com/p/CyNfTx6BdZg/?img_index=1

Posted by ChloeTai > 2023-10-12 21:27 | Report Abuse

Everyday there is a road block at around 4.75, 4.76, 4.77. EPF block at these prices for them to acquire. Everyday annouce huge purchase from EPF. Everyday also announce huge purchase by Sime Darby. But there is no further announcement for the progress on the takeover related to Bursa Securities.

Posted by Paul Tan > 2023-10-13 16:30 | Report Abuse

will cars be affected by the Cukai Barang Bernilai Tinggi?