WMG HOLDINGS BERHAD

KLSE (MYR): WMG (6378)

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Last Price

0.20

Today's Change

-0.005 (2.44%)

Day's Change

0.20 - 0.20

Trading Volume

835,100


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235 comment(s). Last comment by ysyap84 3 weeks ago

LOOK009

1,058 posts

Posted by LOOK009 > 2015-12-04 16:37 | Report Abuse

go go go.

Posted by kennethcheah > 2015-12-04 16:41 | Report Abuse

RM0.475都有可能是今天的closing price。

LOOK009

1,058 posts

Posted by LOOK009 > 2015-12-04 16:42 | Report Abuse

next week continue to rise

Posted by kennethcheah > 2015-12-04 16:58 | Report Abuse

您手中的票别乱乱丢@TEKALA.

LOOK009

1,058 posts

Posted by LOOK009 > 2015-12-04 17:00 | Report Abuse

现在很多人要买也买不到下星期肯定飞听说这股是大人物有份

paulthesotong

2,456 posts

Posted by paulthesotong > 2015-12-04 17:04 | Report Abuse

Tak kalah.........Sabah.

Posted by kennethcheah > 2015-12-04 21:45 | Report Abuse

NO, 完全不是像xox。
(不晓得大家是否还记得Fututech这支股吗?)
Fututech以前是低于RM1.00,
消息一出,马上脱离RM1.00 水平!
当时,我要追都没机会。来不及了!

Fututech Acquired construction firm for RM400 mil。
(两间公司)

TEKALA现在处于非常美好的状态,怎么说呢?
WMG Holdings 现在是以RM5.1 亿倒置收购TEKALA。
不是5千万令吉。
以下的link已经很清楚了为您解答:
http://klse.i3investor.com/blogs/genzinvestor/87590.jsp

相信WMG HOLDINGS 公司在近期内会有刊登在报章。

YunXin

96 posts

Posted by YunXin > 2015-12-04 21:55 | Report Abuse

Haha ha ahah ahaaaa CAlvin Tan Missed this...... .. .

Now this TAKALA is ahead of BJCORP .... Arghhhh.....

kakatuah

417 posts

Posted by kakatuah > 2015-12-04 22:27 | Report Abuse

faye Tan, very good illustration. It show Tekala is a good buy.
Furthermore, Tekala is also cash rich and useful for its expansion.
Bought earlier and sold for a handsome profit before closing.
Will surely consider to buy back on Monday.......kakaka

kakashit

1,472 posts

Posted by kakashit > 2015-12-05 13:36 | Report Abuse

totally no cash involved, inject toxic property asset. Swap rubbish with garbage

now turnaround man Yeoh Soo Ann also chow away from prop, what do u expect

Mark T Bird

1,444 posts

Posted by Mark T Bird > 2015-12-05 14:50 | Report Abuse

Kretam? Encorp?
Zahid Hamidi? Affendi Nawawi?

Mark T Bird

1,444 posts

Posted by Mark T Bird > 2015-12-05 15:11 | Report Abuse

why up? ask zahid hamidi..hohoho

Tessa Joseph

7,919 posts

Posted by Tessa Joseph > 2015-12-05 15:13 | Report Abuse

LOL

wunan

145 posts

Posted by wunan > 2015-12-05 16:49 | Report Abuse

pump n dump?

Posted by kennethcheah > 2015-12-06 16:50 | Report Abuse

明早会有information in Tekala i3incestor.

larryleow

70 posts

Posted by larryleow > 2015-12-06 22:36 | Report Abuse

...if buy Tekala tomorrow at 0.44 & hold till about cny after the RTO then can make 0.225......one Tekala now equal one WMG ( 0.665)

Posted by kennethcheah > 2015-12-07 07:17 | Report Abuse

早安。

WMG HOLDINGS 是一家新成立的特别用途公司,
取代TEKALA 上市地位

TEKALA 获得WMG HOLDINGS 倒置收购
已经成为铁一般的事实,不是谣言。

这项交易超过TEKALA的10倍。
(TEKALA有向BURSA报告此消息,您可以到那巡查)

双方都已经签署建议倒置收购协议!
这当中,包括收购:
1. RITAI SDN. BHD.
2. COSMOPOLITAN CAMPANY
3. 远东发展私人有限公司
4.VELDA 发展
5. WAH MIE 房产公司股权
目的是进行发展多元化业务至房产发展。

从前,有一个老翁,他拥有很多产业,地皮及机械。可是他偏偏就是在这5年过着贫穷的日子。每餐清茶淡饭。

他手中的产业没有被利用来发展用途,有等于没有,和普通老百姓一般。

有一天,来了一个集团。向他倒置收购他手中所有的产业,地皮及机械。集团以10倍的价钱收购老翁的所有资产。

老翁听了,想了想一下,反正自己没有能力/缺乏知识/没有机会去运用自己的产业,地皮及机械为社会带来发展。

后来,老翁他签署了建议倒置收购协议。自从那一天,老翁身份再也不像老百姓一般了。一夜之间,便了凤凰。

同学们,相信你们都有听过没有免费的午餐这句话,

可是以上的故事则相反。老翁的确手中持有产业,地皮及机械。

集团是以10倍价向他倒置收购的。

有一个同学问道:“老翁在未来不是会更加富有吗,老师?”

老师答:“对的,如果你的父亲拥有资产,可是没有用来做商业用途,也是等于一片荒地“
什么是荒地,;老师?

荒地就是他有一片地皮,长满了野草,没有进行栽种,没有去耕耘,怎么会有利润呢。

Happy Trading.
共勉之。

Wei Jie Yau

5,418 posts

Posted by Wei Jie Yau > 2015-12-07 09:01 | Report Abuse

Can buy?

kentrade888

1,558 posts

Posted by kentrade888 > 2015-12-07 09:02 | Report Abuse

limit up today?

fayeTan

374 posts

Posted by fayeTan > 2015-12-07 09:04 | Report Abuse

Wei Jie Yau, read this and do your own judgement

http://klse.i3investor.com/blogs/genzinvestor/87590.jsp

Posted by kennethcheah > 2015-12-07 09:14 | Report Abuse

Anyway,得注意Correction Price。
happy trading today.

Posted by kennethcheah > 2015-12-07 12:10 | Report Abuse

不清楚。

jack66

167 posts

Posted by jack66 > 2015-12-07 15:22 | Report Abuse

well....slow rising.......

AhSeng

645 posts

Posted by AhSeng > 2015-12-08 02:43 | Report Abuse

Besok jangan pecah 0.45 support .0.495 is the resistant .hope Tmr break the resistant.

AhSeng

645 posts

Posted by AhSeng > 2015-12-10 21:27 | Report Abuse

Support level pecah 0.45

jwyap

829 posts

Posted by jwyap > 2015-12-11 14:53 | Report Abuse

will show this afternoon ? t plus 3

LegendH

17 posts

Posted by LegendH > 2015-12-12 03:36 | Report Abuse

i think the acquisition date is after CNY

eimajz

164 posts

Posted by eimajz > 2015-12-16 11:56 | Report Abuse

up again!

Posted by msandroidmz > 2015-12-17 10:42 | Report Abuse

zzzzz

Tkoklin

162 posts

Posted by Tkoklin > 2015-12-17 10:43 | Report Abuse

TEKALA is going through Reverse Takeover (RTO) into WMG Holdings Sdn Bhd (WMG). Eventually, WMG will be the listed entity after taking over from TEKALA. Key statistics that you need to know are: i) the exchange rate between TEKALA-WMG shares and ii) issue price of WMG shares.
2. 1 TEKALA shares = 1.33 WMG shares of RM0.50 each. Refer to Page 2 of the Bursa announcement which states that : “proposed share exchange of the existing entire issued and paid-up share capital of Tekala comprising 139,975,300 ordinary shares of RM1.00 each in Tekala (“Tekala Shares”) (excluding 13,008,000 Tekala Shares held as treasury shares) on the basis of 133 new ordinary shares of RM0.10 each in WMG (“WMG Shares”) at an issue price of RM0.50 per WMG Share for every 100 existing Tekala Shares held at an entitlement date to be determined later (“Proposed Share Exchange”)”;
3. Arbitrage opportunity. Theoretically, this is how an investor can play TEKALA-WMG RTO:
i. BUY 1000 share of TEKALA at RM0.40
ii. Cash outflow = 1000*RM0.40 = RM400
iii. Keep TEKALA and stay through the whole corporate exercise
iv. Your 1000 TEKALA shares will turned into 1330 WMG shares
v. On the day of IPO of WMG, sell your 1330 WMG shares for RM0.50
vi. Cash inflow = 1330*RM0.50 = RM665
vii. Arbitrage gain = RM665 – RM400 = RM265 or 66%
4. TEKALA shares should rise to RM0.665 for arbitrage opportunity to disappear. Let’s redo the calculation if TEKALA shares is at RM0.665:
i. BUY 1000 share of TEKALA at RM0.665
ii. Cash outflow = 1000*RM0.665 = RM665
iii. Keep TEKALA and stay through the whole corporate exercise
iv. Your 1000 TEKALA shares will turned into 1330 WMG shares
v. On the day of IPO of WMG, sell your 1330 WMG shares for RM0.50
vi. Cash inflow = 1330*RM0.50 = RM665
vii. Arbitrage gain = RM665 – RM665 = RM0
5. Key assumptions:
i. The IPO may not materialize for whatever reasons
ii. You may not be able to sell at RM0.50 on the day of WMG listing
iii. This calculation ignores commission, brokerage fee and GST incurred in the real world
iv. Opportunity cost of your money should it be invested somewhere else.
6. BUY or SELL at your own risk. This is an academic observation only. Hence, any decision to buy or sell shares is at your own risk.

Lim Elson

2,550 posts

Posted by Lim Elson > 2015-12-17 11:32 | Report Abuse

any idea when the proposal will approve and start ?

Tkoklin

162 posts

Posted by Tkoklin > 2015-12-17 12:20 | Report Abuse

1Q2016

Kitty28

3,354 posts

Posted by Kitty28 > 2015-12-17 17:06 | Report Abuse

means still got some time..think this counter will remain calm for time being???

paperplane2016

21,540 posts

Posted by paperplane2016 > 2015-12-21 13:40 | Report Abuse

Since the discontinuance of its vessel chartering business following the disposal of its sole vessel in 2013, the Tekala Group has been focusing on the timber processing business, in particular, the manufacturing and export of eco-floor base plywood to Japan. However, business conditions continue to be challenging due mainly to the escalating cost of production as a result of higher raw material costs, as well as high labour costs arising from the implementation of the minimum wages policy. Such additional costs could not be transferred to the customers as the selling prices of plywood have traditionally been determined by the Japanese market.

paperplane2016

21,540 posts

Posted by paperplane2016 > 2015-12-21 13:52 | Report Abuse

The Proposals present an opportunity for the existing shareholders of Tekala to participate in a proposed new core business that is viable and profitable. The Target Companies have more than 30 years of proven track record in the property development sector, mainly in Kota Kinabalu and Sandakan, Sabah. The combined revenue and profit after tax of the Target Companies for the latest FYE 31 December 2014 amounted to RM141.0 million and RM22.1 million respectively. Unaudited combined revenue and profit after tax of the Target Companies for the 9 months ended 30 September 2015 amounted to RM118.7 million and RM25.1 million respectively

paperplane2016

21,540 posts

Posted by paperplane2016 > 2015-12-21 14:03 | Report Abuse

Prospects of the Target Companies
As a home grown Sabah-based company, the Target Companies will continue to increase and strengthen their presence in their home state. As at the LPD, the Target Companies have a total land bank of 597.99 acres, comprising 146.74 acres in Kota Kinabalu and 451.25 acres in Sandakan. The land bank of the Target Companies consists primarily of land in strategic locations such as major residential hubs, commercial and industrial area and sea-fronting sites. Through their secured land bank, the Target Companies are well-positioned to grow their project portfolio and overall presence in Sabah.
The WMG Group (comprising WMG and its proposed subsidiaries, i.e. the Target Companies) intends to continue its focus on development projects in Kota Kinabalu and Sandakan, as these are among the 2 most populated districts in Sabah and are the locations of all its past projects. These projects will ensure the WMG Group’s continued growth and sustainability as the projected returns from these developments will enhance the WMG Group’s overall financial performance.
The Target Companies also plan to develop partnerships via joint ventures and strategic collaborations with other property developers to undertake future property development projects in the Klang Valley, Penang and Johor as part of their expansion plans. Such collaborations are intended as an avenue to leverage on the different niche capabilities of these prospective partners in these markets, as well as to manage the risk exposure and capital commitment of the Target Companies. These potential partnerships are expected to enhance the WMG Group’s experience as a property developer and provide it with greater exposure to the industry trends and development in the country.

fayeTan

374 posts

Posted by fayeTan > 2015-12-23 12:01 | Report Abuse

tKokLin, when you copy my blog, please quote my name and blog

paperplane2016

21,540 posts

Posted by paperplane2016 > 2015-12-23 14:23 | Report Abuse

faye, Tekala do construction? Now still can buy?

edryazlan

36 posts

Posted by edryazlan > 2016-01-08 15:45 | Report Abuse

collect collect

fayeTan

374 posts

Posted by fayeTan > 2016-01-08 15:47 | Report Abuse

paperplane, this is mainly a property company.

paperplane2016

21,540 posts

Posted by paperplane2016 > 2016-01-18 14:02 | Report Abuse

Yup, I did some checking, majority in Sabah,sarawak area.......not sure if good to buy now. since below 0.40, some panic selling

paperplane2016

21,540 posts

Posted by paperplane2016 > 2016-02-02 09:39 | Report Abuse

so? this one also cut loss kah. hehe

paperplane2016

21,540 posts

Posted by paperplane2016 > 2016-02-05 12:11 | Report Abuse

faye, how ? SELL also? keke

Wahaha

77 posts

Posted by Wahaha > 2016-03-10 17:10 | Report Abuse

buy kretam instead, still cheap.

domperrier

352 posts

Posted by domperrier > 2016-03-11 16:57 | Report Abuse

Bought some Tekala @ 36 & 36.5 this morning.

tjhldg

27,218 posts

Posted by tjhldg > 2016-03-14 23:30 | Report Abuse

ooo

tjhldg

27,218 posts

Posted by tjhldg > 2016-03-15 18:48 | Report Abuse

3kikkkikiiii

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