Yeah, babu is right. Dunno why ppl keep on kao beh kao bu. It provided great time to accumulaye where ppl misunderstood. Like it or not oskp, pjd is going under osk holdings. As olh want to consolidate mah. Then t he oofer doesnt affect u mah. U can reject offer mah. After this complete, we shall see oskp and pjd rise again. Of course now he has so many oskp, he might priva5ise them. Pjd he did not hold much, so mayne jard.
yup lollipot, good news to osk, remove uncertainty to the share price, next mth osk will announce final dividend of 5 sen and possibility of special dividend of 15 sen
I see what you mean--Icon8888. But I am more concern about the price Maybank is willing to offer RHB (if there is a offer). The liquidity of Maybank will better since Najib is going to abort the listing of 1MDB powerplant this year. Osk's price movement depends on M&A.
3. INTER-CONDITIONALITY The conditionality of the Proposals is set out below:- i. The Proposed OSKP Acquisition, the Proposed PJD Acquisition, the Proposed OSKP Offer (OSKH is obliged to undertake a mandatory take-over offer on OSKP upon completion of the Proposed OSKP Acquisition), the Proposed Diversification, the Proposed Exemption, the Proposed Bonus Issue of Warrants, the Proposed Special Cash Dividend, the Proposed Increase in Authorised Share Capital and the Proposed Amendments are inter-conditional upon each other; and ii. The Proposed PJD Offer is conditional upon the Proposed PJD Acquisition.
The Proposed OSKP Acquisition, the Proposed PJD Acquisition - sure 100% will go thru mah coz person acting in concert aka olh n gang promise to exchange shares
the Proposed OSKP/PJD Offer (OSKH is obliged to undertake a mandatory take-over offer on OSKP/PJD upon completion of the Proposed OSKP/PJD Acquisition) - sure 100% will go thru mah coz offer to buy only mah
So what's left leh? a if the above 100% go thru, the remaining proposal (aka the Proposed Diversification, the Proposed Exemption, the Proposed Bonus Issue of Warrants, the Proposed Special Cash Dividend, the Proposed Increase in Authorised Share Capital and the Proposed Amendments are inter-conditional upon each other) definitely 100% go thru loh...then...
1 free warrant for every 4 shares woh, fuiyoh 15 sen special dividend leh, final dividend 5 sen some moh
Puncak give close to 30% return(RM1/dividend) OSKH about 15% All In. But it is about the same if you look from Asset injection And asset removal point of view. After water asset sale Puncak is PN17 co(cash rich) But OSKH balance sheet is very Strong ( big profit from asset injection) And the Good things is management don't have cracked their head to find New Biz in 2015/2016. Good dividends follows 2016 (OSKH) also
Forgot to say if you buy puncak, pls be warned that the post ex-date price will be lower than you would expect ( lost the RM1 from price) and hold for a long time. Unless Puncak can find New Biz fast in 2015 (just a dream from the AGM's annoucement)
The Rumour Mill is on. The Edge reports that Senior Maybank officer is envisioning RHB in Portfolio (yesterday news). But I think HongLeong Bank (dark horse) will get a leg start first. HL's share price is higher than Maybank--whether Cash Call or Share swap is in his favour. Mr Qwek has to prevent Cimb from swallowing his bank and also to remove one pesky investor (dilute his shares) by cash call.
Your lost is my gain. My lost in other counter is probably your gain. Then the market is in equilibrium. My only concern is dividend and possible capital gain(M&A) that can beat FD. Why worry personal altitude? Ah Loong is no better but still getting biz everyday.
OSK Investment Bank sold to RHBCap at 18 times FUTURE PER. Buy PJDev at 3 times PER. No owner wants to press down the share price except one I know. All offers to take private are at ridiculous price. No a single offer is successful. Please do not think others are water fish. Thank you.
OH OH I want to answer this question!! Do you know OSK had traded at RM8.00 before. I remember i sold OSK at RM 5.25 ( made 5,000 profit). So the "water fish" still think he can get RM400m/year profit from share margin. Did OLH put a loaded Double barrel shotgun on pjdev head when he signed the deal. I think OLH is like me "pure biz man"--make money on willing buyer willing seller basis.
Tell the public that there is a merger between PJDev and OSKProp. Tell the public that PJDev will grow 20% in 2015. Buy PJDev at PER=3 times. Did not point gun to ask public to buy but tell false information.
I don't think Bursa investors are ignorant till the point of stupidity. Because OskH & OskP are most likely private companies by now. Thank you for pointing out to me PJDev is 3 times PE. I would say WoW.
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paperplane
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Posted by paperplane > 2015-01-13 18:55 | Report Abuse
Yeah, babu is right. Dunno why ppl keep on kao beh kao bu. It provided great time to accumulaye where ppl misunderstood. Like it or not oskp, pjd is going under osk holdings. As olh want to consolidate mah. Then t he oofer doesnt affect u mah. U can reject offer mah. After this complete, we shall see oskp and pjd rise again. Of course now he has so many oskp, he might priva5ise them. Pjd he did not hold much, so mayne jard.