Puncak with deal pending also can hit 2.80/2.85-----Syabas is loosing hundreds of millions------ Anwar wants the Deal cancelled bcoz it is a direct Bailed out of Umno crony
If a sweetheart deal of 1x book value , kps will get 900 mil Anyhow if want a win-win situation, probably 0.8x book value , kps will get 750 mil equivalent to kps current market cap.
38millions new shares float, actually less than 8miilion (may sell).....60% goes to KDEB, TBH + a few Big fish I know....Total locked up is 75% or more.....so 25% of 38m is only 9.5million by theory may Sell
Glove producer share price double up after ex-bonus issue. This can happen to kps as the splash deal can push up further the share price. So better hold and wait for the splash deal.
agree. it will continue to be best performer for the next few years. major shareholder may accumulate if there is any selling as they may privatise it easily. Currently there are holding to more than 60%.
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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....
param54
632 posts
Posted by param54 > 2018-06-04 16:31 | Report Abuse
2nd tp 1.95 coming after bonus