Val-Elta, still got one month their quarterly result only come out. dun gan jiong. Our duobekkong seems disappear jor. Normally he will only be back when ILB reach 0.90, haha
Val-Elta,do you know about compulsory privations? just worry that their director wanna privatize the company but give us the price which is below market. For eg, the OSK boss wanna privatise the OSK property but the price is below 10% of the market price
Don't think they can. Their total shareholding just abt 25% max? Unless they make use of 3rd party to accumulate on their behalf n then one shot off market transfer back to them. Quarter results coming in a months time. Hope for good fubdamentals, n profits. Especially their Dubai ops.
I think if you want to quietly accumulate, there's of course ways to do it la. If you buy with your name, you need to do bursa announcements. So lets say, if they have someone trusted maybe 5 people (who signed a legal contract with them), each 1 of them buy like 6%. It won't trigger any announcements to bursa.
After they have finished buying in total 30%, they then do an off market transfer (direct sell), back to the directors, giving them just over 50% of the company. The off market transfer will be declared to bursa, but by that time, the takeover is almost complete.
They could in theory spread this out to 6 or more people each holding a smaller %....
Yes yes... will buy. Q results coming up in this next few days i guess?
But, won't have much new things, however, I'm expecting higher revenue for their dubai operations, with much less loss, and potentially turning profitable by next Q.
Well, we can always still hope for a special dividend announcement :P
price wont drop indefinitely. I think you can see we're already reaching a stage where there's no seller joh, and ANY buying interest will jump it back to 81+. Those who're selling at 7x-80 ranges are what I'll consider the same 'LOT' of shares being ping ponged around ppl with no holding power. I think it's just under 1000lot that's actively being 'passed among each other with no holding power' each trying their best to lose money by cutting loss every 1-2% down I guess. I'll do my best to stabilize things with whatever small amount that i have available.. haha
Yupe, slow recovery. Need to test your Warren Buffet level of patience with this share. Its all depends on their dubai op now. Unfortunately still need to wait a long time until annual report before we know Dubai warehouse utilization %.
Let's do a review of it together, I like to know what u think of ILB too. Personally, I look at things on a longer time frame once I identify a share that is profitable to me. So my views and opinions is need to be understood in 6months to 1 year timeframe.
Im not gonna be SO optimistic, although i must say, it's crazy to sell at this price. I wonder who's the background of the sellers though.... make no sense to sell at a loss at this stage seriously... and yes, im still here, i'm still accumulating :P
No la, unrealistic expectations for RM2. It may go to 100 but i doubt more than that. Only thing im certain is, it's totally undervalued now.. But that's also true with other shares
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....
adc38
157 posts
Posted by adc38 > 2014-10-09 02:49 | Report Abuse
soonlip, y u still hold if you dun have confident? fast sell, let us can buy at cheaper price, haha