Posted by jj888 > 2013-02-28 22:28 | Report Abuse

But Ram Cheong, isn't it asking too much? Mr Ooi doesn't owe anybody here anything. Besides some comments were real nasty, and we are all human. If u r accused and insulted unfairly can you be not affected at all?

Posted by Risk Trader > 2013-02-28 22:35 | Report Abuse

Today limit down.....tomorow limit up again

Posted by ChristianChua > 2013-02-28 22:55 | Report Abuse

This is my own opinion. Alot ppl here in i3 are just trying to critic but not trying to help. We need people like Mr Ooi here. To learn from them so that we can make better decisions. The bad mouth attitude will only make the teachers shy away from here as they are not welcome here. They tried to help and share infomation with their time and effort to write in the most understandable way for us. I salute people like Mr Ooi. I3 without the teahers is useless. I mean it seriousy. For those who like to bad mouth alot, we would like to see you bring out your guts to share infomation and recommendation with us. Lets us see what you got before you bad mouth someone.

Posted by ChristianChua > 2013-02-28 22:59 | Report Abuse

How we judge people is key to our success in the end. Failure to judge correctly and ignorance to accept our mistake is key to our failure in the end.

Posted by bendanwakaka > 2013-02-28 23:00 | Report Abuse

so is wan buy or dont wan to buy 2moro?>

Posted by investor77 > 2013-02-28 23:08 | Report Abuse

Have full confidence in Mr OOi. He came all the way to Melaka to share his knowledge and gave valuable insights on the market.

Bought KHSB at 61 cents, thinking that was a good price. After the price fall, have to average down.

Be patient and wait for takeover, at around 75 cents maybe can take profit.

Posted by Robert123 > 2013-02-28 23:35 | Report Abuse

In trading , if we loss because of the recommendation, it is our fault. If we keep blaming others, then we shouldnt have trade at the first place. Every one of us have the responsibility to preserve this forum.

Posted by anbz > 2013-02-28 23:46 | Report Abuse

75.5 cents now can la la, but wait is there any chance that it can drop again like on 15 feb from 68 cents to 61 cents... only God knows, iA

Posted by Rose > 2013-03-01 00:03 | Report Abuse

Bro Bingo, tq I am with Bro Chong forum already.

Posted by lmf_hau > 2013-03-01 00:16 | Report Abuse

Posted by hng33 > Feb 28, 2013 06:12 PM | Report Abuse

Please refer to the announcement make by KUMPULAN PERANGSANG SELANGOR BERHAD (“KPSB” or the “COMPANY”), which is immediate holding company of kumpulan Hartatanh Selangor (KHSB).

Reference is made to the announcement dated 14 February 2013 in respect of the receipt by the Company of an offer letter dated 14 February 2013 from its holding company, KDEB to acquire 254,562,576 ordinary shares of RM1.00 each in KHSB, representing 56.57% of the issued and paid-up share capital of KHSB, held by KPSB for a purchase consideration of RM193,467,557.76 or RM0.76 per share which is to be satisfied in cash (“Offer”).

On behalf of the Board of Directors of KPSB (“Board”), AFFIN Investment Bank Berhad wishes to announce that the Board had deliberated on the terms of the Offer and has decided to accept the same

"subject to"

KPSB and KDEB entering into

"a '''definitive''' share purchase agreement."

The details of the terms and conditions of the share purchase agreement will be announced once the same has been executed between the transacting parties in due course.

This announcement is dated 28 February 2013.
_____________________________________________________________________

Google Translate :
代表董事会董事KPSB（“董事会”），银行AFFIN投资有限公司希望宣布，董事会已审议关于收购建议之条款，并已决定接受同一主题的订立一个明确的份额的KPSB和KDEB购买协议。一旦已执行的交易各方之间在适当的时候将公布的购股协议的条款和条件的详细信息
_____________________________________________________________________

Pls read the wording carefully.
Maybe my english was not that great , can any 1 pls emphesy ?

Question:-
1) KDEB only buy KPS shares in KHSB 56% but not free fload in mkt ?
2) Subject to another "Definative" SPA ?
3) Subject to further annourcement btw their KDEB vs KPSB on this "Definative" SPA ??

I really confuse me now..

Posted by jayz89 > 2013-03-01 00:28 | Report Abuse

all read half half how can understand?

read the full TAKE-OVERS & MERGERS announcement.

Pursuant to the Malaysian Code on Take-overs and Mergers, 2010 (“Code”), KDEB would be required to make an unconditional take-over offer to acquire all the remaining Shares in KHSB not already owned by KDEB and all the new Shares that may be issued prior to the closing of the Offer arising from the exercise of outstanding options granted pursuant to KHSB’s Employees’ Share Option Scheme for a cash offer price of RM0.76 per Offer Share (“Offer”).

Posted by meegoreng > 2013-03-01 00:33 | Report Abuse

Thanks Bro Bingo, glad to join the forum - kennylamgm@gmail.com.

This kind of blaming is not new here. People just like to make money thru the easy way. If you are labelled as expert, they just take your statements without doing homework. Bad habits die hard.

Posted by lmf_hau > 2013-03-01 00:35 | Report Abuse

Jayz89,

It means , KDEB is "uncontitional" take over KHSB "ESOS" share portion """only""" , at 76c ?

Not the free fload in the market ??

Posted by jayz89 > 2013-03-01 00:52 | Report Abuse

KDEB would be required to make an unconditional take-over offer to acquire all the remaining Shares in KHSB not already owned by KDEB.

Should be all the share in the market. I maybe wrong. I read an article before stating that KDEB would not maintain the listing status of KHSB once the takeover offer is accepted.

Posted by lmf_hau > 2013-03-01 00:59 | Report Abuse

jayz89, mind to share the link of the article ??

Posted by faisal jaafar > 2013-03-01 01:06 | Report Abuse

Bother Bingo can you request brother Chong to include me in his forum please. Following is my email address faisaljaafar@gmail.com. Thank you.

Posted by kcchongnz > 2013-03-01 03:52 | Report Abuse

Posted by petepereira > Feb 26, 2013 10:38 AM | Report Abuse
there is a rule I live by: "if someone gives you a recommendation and it goes well, hold the person responsible and express your gratitude...if it does not go well, hold yourself responsible,learn from it and then let go"
I think this helps to cultivate personal responsibility for our decisions and from a psychological perspective, is a much healthier and happier way to live

Posted by kcchongnz > 2013-03-01 04:14 | Report Abuse

[Malaysia’s takeover rules stipulate that any party that acquires more than a 33 per cent interest in a publicly-listed entity must carry out a general offer for the remaining shares.]

At the closing price of 53 sen yesterday and the takeover offer price at 76 sen, it does seem that there is a good arbitrage opportunity for KHSB. It may not be risk-less though as circumstances may change, change of mind may occur, regulation requirement may be voided etc. Hence it may not be wise to bet all your money on that. But again if KHSB is so undervalued in the first place as claimed(I have no idea if it is true), there is really not much risk then.

Posted by bingo > 2013-03-01 04:31 | Report Abuse

meegoreng , I had ask brother chong to send you the address of his forum...check you mail box please. Wait for his activation mail as membership is by invitation only. Cheers.

...and sister Ros, many thanks for informing me as I aleady forgot that you are an active and seasoned member in chong's forum....cheers.

Posted by bingo > 2013-03-01 04:33 | Report Abuse

brother faisal jaafar, I will ask brother chong to do that,many thanks & cheers.

Posted by johndow > 2013-03-01 08:59 | Report Abuse

aiyo .. main saham like dat laaah. if somebody tell you 100% correct then everybody sure can be millionaire here laaa. Hear people advice then decide yourself laa want to buy or sell or whatever it is. Dun blame other people laa in this game. It is your own risk and decision to make! People just give opinion based on their findings.

Posted by peanut > 2013-03-01 09:05 | Report Abuse

congrats who bought @53

Posted by Robert123 > 2013-03-01 09:12 | Report Abuse

So now how , those who has blamed Mr. Ooi for the pick how will u react.....When the price down, u condemned him like hell, but when it shoot up , u just keep quiet.....

Posted by ChristianChua > 2013-03-01 09:12 | Report Abuse

Mr. Chong, can i join your forum?

Posted by ChristianChua > 2013-03-01 09:15 | Report Abuse

I guess mr.khalib is someone we can trust after all.

Posted by meegoreng > 2013-03-01 09:24 | Report Abuse

Thanks Bro Bingo, I have received the email already. Have a good day.

Posted by Desmond Liew > 2013-03-01 09:29 | Report Abuse

see!!! it has rebounded,, I trust Mr Ooi so i wont sell untill it reaches 0.75..Yesterday was a panic selling or maybe some ppl tried to push down the prices to lower then bought at lowe price..

Posted by Henry Loh > 2013-03-01 09:48 | Report Abuse

Hi all, we are here is to earn lot of money instead of blaming or criticize other's opinion. You can comment but in polite wording. No matter win or lose, we shall respect to each other.

Posted by ChristianChua > 2013-03-01 10:08 | Report Abuse

Bro Bingo, pls help me to Mr.Ooi's forum. Thanks thanks.

Posted by Melvin G > 2013-03-01 10:13 | Report Abuse

Still far from 0.76 at the current price.

Posted by Jien Han > 2013-03-01 10:15 | Report Abuse

dear bingo, can please help me join Mr Ooi's forum? thanks.

Posted by iafx > 2013-03-01 10:15 | Report Abuse

good question :)

Posted by ChristianChua > 2013-03-01 10:33 | Report Abuse

Have to wait yesterday's volume clear up first i guess. Should be soon.

Posted by iafx > 2013-03-01 10:35 | Report Abuse

logically, no one should be selling as the m&a priced 76c, right?

:)

Posted by tansrihew > 2013-03-01 10:43 | Report Abuse

Dont worry, the buy rate keep increasing despite ppl throwing the stock

Posted by ChristianChua > 2013-03-01 10:43 | Report Abuse

But for those who bought at 0.455-0.535, enough earned for them i guess.

Posted by ChristianChua > 2013-03-01 10:44 | Report Abuse

After they clear up, should be show time.

Posted by jeffho > 2013-03-01 10:45 | Report Abuse

Maybe ppl take some profit from this situation ..I guess ..

Posted by Steve Jub > 2013-03-01 10:50 | Report Abuse

wa mr ooi power

Posted by canu63 > 2013-03-01 10:59 | Report Abuse

wa duit power!

Posted by albertchan > 2013-03-01 11:17 | Report Abuse

Hi Bingo , can you pls include me in bro chong forum . albertchan268@yahoo.com .Thanks !

Posted by Alibursa > 2013-03-01 11:23 | Report Abuse

dear bingo, can please help me join Mr Ooi's forum? thanks
ali.kashani12@gmail.com

Posted by Alibursa > 2013-03-01 11:37 | Report Abuse

still good time to buy?

Posted by soon9913 > 2013-03-01 11:39 | Report Abuse

dear bingo, please help to include me in chong and ooi forum? soon9913@yahoo.com

Posted by Henry Loh > 2013-03-01 11:45 | Report Abuse

Dear bingo, can please help me join Mr Ooi's forum? thanks
henryloh86@gmail.com

Posted by member41 > 2013-03-01 11:45 | Report Abuse

Share agreement take how long to draw up? Will GE impact ah if Selangor back to BN

Posted by Melvin G > 2013-03-01 11:47 | Report Abuse

punt punt punt!

Posted by ykew > 2013-03-01 11:49 | Report Abuse

Bingo, If possible do include me in the discussion forum. Need to learn more about short and long term investment. Thanks in advance. erniewan@hotmail.com

Posted by Alibursa > 2013-03-01 11:56 | Report Abuse

guys pls, do u think still good time to buy, is it really reach .76c?

Posted by lauhoon > 2013-03-01 12:03 | Report Abuse

Bingo, please help me to join Mr Ooi's forum. Thank you very much. hwahoon777@gmail.com