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

（吉隆坡28日訊）雪州柏朗桑（KPS，5843，主板貿服組）同意脫售雪州產業（KHSB，6246，主板產業組）股權予控股公司雪州集團（KDEB）。
雪州柏朗桑發表文告說，董事部決定接受雪州集團的獻議，雙方將簽署股票買賣協議，並在隨後公佈有關細節。
2月14日，雪州柏朗桑接獲雪州集團的獻議書，以收購手中雪州產業的56.57%股權，交易總值達1億9千346萬7千558令吉，每股為76仙。（星洲日報／財經）

Posted by micky92 > 2013-03-01 12:19 | Report Abuse

Ooi has been promoting this undervalue stock for quite some time even before this issue arise. I have no issue keeping the stock as I believe
the value is higher than 76 cts. Will monitor this afternoon price and accumulate more. It is good to have contra player here as force selling meant opportunity to buy at lower price. cheers

Posted by iafx > 2013-03-01 12:25 | Report Abuse

maybe u should do a quick check on khsb rolling 4 qtrs result, best also 5 years p/l reports. undervalue ... hope so

Posted by margaret73 > 2013-03-01 12:44 | Report Abuse

Dear Bingo, please help me to join Mr Ooi forum. margaretloi73@yahoo.com thank you

Posted by Alibursa > 2013-03-01 12:47 | Report Abuse

why the price is coming down?

Posted by jacklaujeekiat > 2013-03-01 12:49 | Report Abuse

Dear Bingo, please help me to join Mr Ooi forum. jacklaujeekiat@gmail.com thank you

Posted by paulycheah > 2013-03-01 13:05 | Report Abuse

Dear Bingo, please help me to join Mr Ooi forum. cheahpohlee@gmail.com thank you

Posted by nightrader > 2013-03-01 13:24 | Report Abuse

i also wanna join...Mr Ooi forum ..Thanks chongsdk@gmail.com

Posted by Alibursa > 2013-03-01 14:17 | Report Abuse

new announcment....why 0.66c?

Posted by cfkhoo > 2013-03-01 14:24 | Report Abuse

game not over . still got chance to play. Risk takers accumulate.

Posted by Alibursa > 2013-03-01 14:37 | Report Abuse

thanks cfkhoo

Posted by investor77 > 2013-03-01 15:06 | Report Abuse

Hi Guys,
- will you believe, someone just heard of Mr Ooi Teik Bee reco on KHSB and bought at 48 cents yesterday, and sold today , profit around few thousands!! Mr Ooi promotes Sharesxpert system to gain advantage from any market. I have just enrolled for the system.

Having subscribed to T3B system before, this system is simpler and they have weekly meeting at KL. As an investor we must have certain advantage in order to win the market. Even after using TA and FA, my trades dont go my way and become Long Term Investor !!

We all should learn to cut loss, be careful of playing call warrants and choose the stocks you are confident with. For e.g. RHB screener has a fundamental section, and it says SKP Resources at 34 cents is very good. Public Inv Bank says MKLand is good and despite 38 cents, gave 1 cent dividend.

Hope my sharing will benefit you all as I am just a small player with exposure since 1978.

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

Waaaa u must 77years old now...

Posted by anbz > 2013-03-01 15:13 | Report Abuse

u know what ... kdeb is not buying it in the market, and that is very peculiar, ...

Posted by anbz > 2013-03-01 15:14 | Report Abuse

seems like the one who bought it are contra players, sharks and retailers...

Posted by anbz > 2013-03-01 15:16 | Report Abuse

it reach again 0.61 , didn't i say it may happen like 15 feb... proven ... it happen again for the 2nd time

Posted by ChristianChua > 2013-03-01 15:26 | Report Abuse

Bro u still holding urs or all sold?

Posted by ahkeng71 > 2013-03-01 15:28 | Report Abuse

today I tested my luck...go in 0.635, but out at 0.66.

Posted by Melvin G > 2013-03-01 15:40 | Report Abuse

http://www.theedgemalaysia.com/highlights/231976-hot-stock-khsb-surges-on-positive-privatisation-development-.html

Posted by Melvin G > 2013-03-01 15:55 | Report Abuse

That's the suspicious, but i still hope it will raise to at least 0.76!

Posted by anbz > 2013-03-01 16:05 | Report Abuse

i sold all ... this counter is very unbelievable ... there no annnuoncement that kdeb has bought even a single share ... never happen like this before... scum kdeb and khsb just make people having heart attack... i'm sure i will not vote for PKR...manipulator, bikin banyak org rugi

Posted by anbz > 2013-03-01 16:11 | Report Abuse

i thought i can sell it at 73 to 74 cents, bullshit this counter very dangerous ...now still playing 63-64 ...i sold all , still rugi because i bought at 68 cent a lot and little contra at 0.535 ... bullshit, if u want to take over ,betul2 lah takeover, ada main tarik tali pula, apa ini??? jual lagi bagus ... hati sakit, tapi tak payah pikir lagi pasal mb celaka

Posted by iafx > 2013-03-01 16:20 | Report Abuse

until ge13 is done, this counter will float up & down. if u checkout its rolling qtrs result, 5 years p/l/bs/cf, this is losing $ company! fortunately, it has something everyone needs (water) and greed for (lands) - but there will be a limit on how much ppl willing to pay

Posted by anbz > 2013-03-01 16:20 | Report Abuse

wait 4 more days if nothing happen again... that 0.455 will come again .... sampai bilapun lu takkan tau apa pasal itu kdeb tak beli2 lagi ini share ... celaka, tengok wct lagi bagus , earning per share for 2012 is more than double 2011.

Posted by iQBE189 > 2013-03-01 16:23 | Report Abuse

KUMPULAN HARTANAH SELANGOR BERHAD ("KHSB" or the "COMPANY")
- Disclosure of Dealings in accordance with Section 33 of the Malaysian Code on Take-Overs and Mergers, 2010 ("Code") in relation to the Proposed Acquisition by Kumpulan Darul Ehsan Berhad ("KDEB")of 254,562,576 ordinary shares of RM1.00 each in Kumpulan Hartanah Selangor Berhad ("KHSB") ("Shares") representing 56.57% equity interest therein from Kumpulan Perangsang Selangor Berhad ("KPSB") and unconditional Take-Over offer by KDEB to acquire all the remaining ordinary shares of RM1.00 each 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
We refer to the announcements dated 14 February 2013 and 28 February 2013.
The Company wishes to announce that YM Raja Idris Raja Kamarudin, a Director of KHSB, has informed us that he has been notified by Citigroup Nominees (Tempatan) Sdn Bhd ("Citigroup") today, 1 March 2013 that Citigroup has dealt in his KHSB's Shares.

Details of the transaction of securities is as follows:-

Date
Name
Transaction
Quantity
Transaction Price
(RM)
27 February 2013
KHSB
Disposal
5,000
0.66

Posted by Melvin G > 2013-03-01 16:23 | Report Abuse

People professional wont give you holland tips, please be a bit more patient.

Posted by iafx > 2013-03-01 17:09 | Report Abuse

tips, reliable source etc ... watchout for herding effect :)

certain trading system can be manipulated or triggered by such event

good luck!

Posted by ChristianChua > 2013-03-01 17:13 | Report Abuse

Me oo.. sold all at 0.63.. Bought 0.68 and 0.655.. Rugi but not much.. Learned something from this though..

Posted by Alibursa > 2013-03-01 17:25 | Report Abuse

It will reach 76 c

Posted by kcchongnz > 2013-03-01 17:38 | Report Abuse

Posted by jowong7 > Mar 1, 2013 03:51 PM | Report Abuse
if you guys compare the most recent take over offer deal share price:
MISC > current price: RM5.29 , take over offer : RM5.3
Bernas > current price: RM3.67 , take over offer : RM3.7
Twsplnt > current price: RM4.97 , take over offer : RM5
ok,no binding agreement yet but should the share price be in the range of +-5% by now after they said agree to the offer?

Posted by kcchongnz > Mar 1, 2013 04:14 AM | Report Abuse X
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.

"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"

KHSB is unlikely to trade with -5%, why? There is still the low probability risk that the deal may not go through as explained above. Even it is 100% sure that the deal will go through, it is also unlikely that the price difference can be -3%, why? For one if you buy KHSB now, you need to pay about 0.5% in transaction costs. Say the takeover process take 6 months before you get your money, the 6-month interest cost will be another say 2%. Those already make up 2.5%. Opportunity cost would be even higher than interest cost. For me, I may add another 7.5% as risk premium (that the deal may not go through), I would hence require a total roundup return of 10% (2.5%+7.5%). Hence I bought KHSB at 63 sen today, as there is a potential 20.6% gain if the deal goes through. That is twice my required return in gambling (yes punting)on this deal. It is a probability, risk and return game. Further more OTB said KSHB's actual net asset value should be more than RM1.00 although book value is 68 sen. I have no idea of this and have no capacity to value it myself, but I trust OTB on this. A person's character sometimes can be judged by his words and from those people who know him. So buying KSHB at 63 sen, to me there is not much risk.
My take on the trading pattern today is those buyers who got it cheap would want to realize some profit. Those who bought high and caught like a caged crab suddenly got this opportunity to unload to breakeven, or make a small gain/loss. Few know the value and invest for long term. I got the feeling that the arbitrageurs would take this opportunity to make some extra-ordinary return of this deal. I may be wrong on these. I didn't ask you to follow me.

Posted by bendanwakaka > 2013-03-01 17:47 | Report Abuse

kcchongnz support u

Posted by smartly > 2013-03-01 17:49 | Report Abuse

good point, kcchong.
hope you make.

Posted by Melvin G > 2013-03-01 17:52 | Report Abuse

My average is now 65sens, Hope the deal goes well !

Posted by cfkhoo > 2013-03-01 18:04 | Report Abuse

for sure better than betting in the casino as the probablity on the chance of winning is definitely higher. We have followed OTB last year that this is a long run hold in the first place as the book value of the land price is not reflective at all. Whoever win in the GE will develope the lands in Pulau Indah and Sg Buloh which will eventually relect the value but I believe taking private KHSB is better choice because the market value and book value differ substantially and therefore state govt will make more . Also bear in mind MOU also release on 28/2 meaning development of the land is taking place.

Posted by kcchongnz > 2013-03-01 18:16 | Report Abuse

jowong7, I thought we are engaging in some fruitful and constructive discussions? No blind and unsubstantiated allegations; no demeaning terms used; and your post is full of substance; good in reminding others of the risks involved. Who is going to shoot you?

Posted by jowong7 > 2013-03-01 18:27 | Report Abuse

No la... i just want to avoid arguments from early beginning. Yup,
no demeaning terms used.

Posted by Melvin G > 2013-03-01 18:29 | Report Abuse

Kc normally take over takes half a year to finish proceeding?

Posted by kcchongnz > 2013-03-01 18:54 | Report Abuse

jowong7, Forum here is for sharing, discussing, constructive criticism, or even arguing and in the process learn from each other, warn each other even with some seemingly strong wordings providing it is of good intentions, no harm but don't use it to attack others for no apparent good reasons. It is not a hero worshiping place, a cult. Who knows all? Nobody! Agreed? There is no right or wrong in Investing methods and strategies, though there are some good principles around.

Melvin, I was just guessing. Depending on the parties involved; some fast some slow but 6 months probably is the average.

Posted by Alibursa > 2013-03-01 20:09 | Report Abuse

thank you Mr. Ooi, i have just read all the comments, yours is very nice, logic and details. I will keep mine.you are gifted man

Posted by joni > 2013-03-01 21:05 | Report Abuse

Its just an investment forum. Feel free to share and feel free to invest. We agreed to disagree. The final call still in your hand.

Posted by ChristianChua > 2013-03-01 22:51 | Report Abuse

Mr Ooi, although i still hav not gain from this counter, i did learn alot from it, the paterns, how people react to the share pattern and what does the pattern indicate, i had to sell because i need to use the money, because i already hold for more then 10 days, if not i will hold together with u guys.

Posted by faisal jaafar > 2013-03-01 23:26 | Report Abuse

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

Posted by KAHFIEHLAI > 2013-03-01 23:52 | Report Abuse

Dear Jaafar
Can add me too?tq in advance..kflai5001@gmail.com

Posted by faisal jaafar > 2013-03-01 23:52 | Report Abuse

Bro felixfoo
I just join this forum and not sure how to admit others.. I suggest you address to bro Bingo and he will help you into bro Chong Forum. Regards.

Posted by fatfat > 2013-03-02 01:22 | Report Abuse

dear bingo, please add me to m chong's forum blumpie@yahoo.com

Posted by bingo > 2013-03-02 01:41 | Report Abuse

brothers KAHFIEHLAI & felixfoo, our brother chong had send an email to you both...check you mail box please.

Cheers.

Posted by taqies > 2013-03-02 07:28 | Report Abuse

dear bingo, can u add me there too.. taqies@gmail.com gracias..

Posted by hariry61 > 2013-03-02 08:20 | Report Abuse

bro bingo add me there please...!
hariry61@gmail.com

Posted by razmry > 2013-03-02 08:29 | Report Abuse

Dear bingo can you add me as well razmry@gmail.com

Posted by Chong Kan Yik > 2013-03-02 10:12 | Report Abuse

dear bro bingo, help me add as well kykenny77@hotmail.com