Posted by sheldon > 2023-12-19 15:11 | Report Abuse

AlphaAdventurer - "... it intends to maintain the listing status of Apollo on the Main Market of Bursa Malaysia." Meaning that Apollo has the possibility of getting privatized in the future...?

I think the implication is that the new owner will pay 5.80 per share (as compelled by law) but if nobody wants to sell, it'll just continue business as a listed co. If however everyone sells their shares to the new owner then it will need some time to redistribute and attain the public spread as required for listing.

So perhaps 5.80 is take it or leave it as they are not enthusiastic to swallow more.

Posted by wkl1063 > 2023-12-19 15:19 | Report Abuse

any sifu can enlighten, since its mandatory to take up all share at RM5.80, why now still have sell queuing for 5.73 - 5.99? isnt should be swallow up unconditionally?

Posted by wkl1063 > 2023-12-19 15:31 | Report Abuse

I mean still have selling queue of 5.73 - 5.79 unmatch

Posted by PureBULL ... > 2023-12-19 16:57 | Report Abuse

[2023-12-18 6:02 PM]
Chart can tell tomorrow's news today,
my guru said.

News today, Apollo has a new owner at 5.80:

https://www.tradingview.com/x/jm1H1u3Z/

[2023-12-19 3:42 AM]
I made good money every cycle on
NEW-OWNER-PLAY

the new owner of APOLLO, an A1 stock,
spent abt the BIG $250 million at 5.80 a share to take over.
n he must do the MGO at 5.80.
he wants it to be the PLC, as the MMM, money making machine.,.

he n team must hoot.9.e to rocket it up to 50-100% X 5.80 on MGO day, my wild guess. mkt forces will help him, JUST DO IT.,.

Posted by DividendGuy67 > 2023-12-19 23:45 | Report Abuse

Price didn't go higher than RM5.80 yet, because some people wants the monies now and so, are willing to sell first at below RM5.80, instead of waiting for RM5.80 later.

My guess is the Singapore buyers are looking at higher earnings yields offshore (Malaysia), and diversify by currency too. Also possible for future dividends to be increased, due to high net cash and not efficient capital wise. Current dividends 25-35 sen is likely to be enhanced (but speculative) or maybe special dividend after take-over.

Anyway, I had an extremely lovely ride - not inside my Top 3 largest wins - but still a very decent win having bought at 3.xx, excluding dividends and realized gains. The easy gains have already been had, now going forward, it's going to be harder.

Posted by zhangwin > 2023-12-20 10:56 | Report Abuse

I like Apollo for its conservative but very safe strategy. Always without debt and cash rich, giving good dividends to shareholders. A good example of a well managed Chinaman company . Hope new management can maintain the status quo and not mismanage.

Posted by chickenriceseller > 2023-12-20 14:03 | Report Abuse

https://www.thestar.com.my/news/nation/2003/01/31/please-release-me-shoplifter-begs-magistrate congrats apollo has a criminal as a new owner

Posted by heesing62 > 2023-12-20 17:58 | Report Abuse

chickenriceseller , what is the correlation between this shoplifter many years ago with Apollo ? 🙄

Posted by Nighelanghelo > 2023-12-27 10:15 | Report Abuse

@wkl1063 i think those queuing to buy are those doing arbitrage, not the offerors.
and mandatory means offeror must make offer, not must buy all the shares in the market, haha...

Posted by AlphaAdventurer > 2023-12-27 15:05 | Report Abuse

May be Apollo will have ice-cream waffles after Scoop had taken over completely 😉

Posted by chickenriceseller > 2024-01-02 12:12 | Report Abuse

@heesing62 its the new director

Posted by heesing62 > 2024-01-03 13:47 | Report Abuse

Okok. Thank you chickenriceseller

Posted by AlphaAdventurer > 2024-01-03 15:11 | Report Abuse

Be excited if Apollo comes out new products

Posted by heesing62 > 2024-01-03 17:31 | Report Abuse

Hopefully the new owner will not divert out all the cash (more than RM130M) instead to add value to the company.

Posted by AlphaAdventurer > 2024-01-08 12:13 | Report Abuse

Yupe, hope that Scoop will be able to increase the value to Apollo and produce more new products after taking over

Posted by heesing62 > 2024-01-09 17:37 | Report Abuse

Agreed.

Posted by heesing62 > 2024-01-09 17:37 | Report Abuse

Agreed.

Posted by goldenhope > 2024-01-10 13:44 | Report Abuse

So sell to Scoop at RM5.80 or hold ?

Posted by AlphaAdventurer > 2024-01-11 13:19 | Report Abuse

Depends on how you see in Scoop's taking over

Posted by goldenhope > 2024-01-11 16:27 | Report Abuse

Better hold

Posted by Vgun003 > 2024-01-12 13:34 | Report Abuse

UNCONDITIONAL MANDATORY TAKE-OVER OFFER BY SCOOP CAPITAL SDN BHD (OFFEROR)THROUGH AMINVESTMENT BANK BHD TO ACQUIRE ALL THE REMAINING ORDINARY SHAREIN APOLLO FOOD HOLDINGS BERHAD (APOLLO) NOT ALREADY OWNED BY THE OFFERORFOR A CASH CONSIDERATION OF RM5.80 PER OFFER SHARE (OFFER)----Is it okay if we don't accept this offer and continue to hold?

Posted by AlphaAdventurer > 2024-01-16 12:22 | Report Abuse

You can still hold it even though you are not accepting the offer 😄 Apollo is not going to be privatised I think

Posted by Nighelanghelo > 2024-01-22 09:33 | Report Abuse

independent adviser UOBKH says offer is fair and reasonable and recommends accept offer

Posted by Nighelanghelo > 2024-01-22 09:49 | Report Abuse

I'm selling half my holdings. Apollo may benefit Scoop, but benefit of Scoop to Apollo, if any, may take several years to realize. The brothers Liang are reported selling because advancing in age and lack of a clear succession plan.

Posted by sheldon > 2024-01-22 21:40 | Report Abuse

If Apollo is the only listed vehicle in Scoop's business, then it would serve the owner's interest to see that the share price rises. On the other hand, as part of a group companies for which they have no full interest, I hope they'll not strip this company.

Anyone thinks that the share price will go higher after the offer ends?

Posted by PureBULL ... > 2024-01-23 03:29 | Report Abuse

APOLLO
this is the v 1st time, am seeing the stock price is abt the MGO price
in msian sejarah.
n so none substantial s/holders r selling on the mkt to get their money now than to sign the MGO form ex on Jan 29th n await.
Risk is the new owner finally has > 90% of this stock = the condition to be delisted.

Price Action Theory, always can help us all.
Watch for a special day of grand BO, break out to the new blue sky.
Take risk then n enter...

https://www.tradingview.com/x/wvTWCJ1c/
++++++++++++++++++++++++++++++
I LOVE THIS 3RD WAY ON KLSE:

IN GWS, WHAT HAD HAPPENED WILL HAPPEN AGAIN
these were words of wisdom of Livermore Theory.

WHERE'S THE BIG MONEY IN STOCKS??

Jim Rogers - "Figure out the money and you’ll figure out what’s going on."
Jim Rogers is asking us, where is the big money in charts n to find them ourselves.

yes, where's the big money picture?

There r 4 ways to big money in stocks:

NEW.OWNER.PLAY
+ is the 3rd best way to win in stocks on KLSE.
+ n usually it gives the BIGGEST money if the new owners r the super greedy type!
+ greedy means, TP, target price could fly multi baggers to 3X to even 10X like hextech did 2 yrs ago.
+ stock as PLC, is the fastest route for them to be the newly minted billionaires!

Posted by sheldon > 2024-01-23 09:42 | Report Abuse

2 Qs - 1) Are the new owners capable? 2) Are they trustworthy?

Posted by AlphaAdventurer > 2024-01-23 17:58 | Report Abuse

Only time will tell when we don't know them 🙂

Posted by zhangwin > 2024-01-24 15:16 | Report Abuse

If Scoop manage to get 90%, what happens to those who have not accepted the mandatory offer that closes on 29/1/24?

Posted by chickenriceseller > 2024-01-24 16:29 | Report Abuse

@sheldon the owner is a criminal https://www.thestar.com.my/news/nation/2003/01/31/please-release-me-shoplifter-begs-magistrate

Posted by AlphaAdventurer > 2024-01-26 20:28 | Report Abuse

@chickenriceseller. What's that? That news was also very old ...

Posted by AlphaAdventurer > 2024-01-29 16:19 | Report Abuse

There will be an extension for Scoop to take over ..
https://klse.i3investor.com/web/announcement/detail/1835819

Posted by PureBULL ... > 2024-01-30 08:55 | Report Abuse

APOLLO
The New.Owner controls 78.42% i.e. 62,736,000 shares.
It has to sell down to < 75% i.e. sell 2,736,000 shares to comply with public spread as a PLC.
Or going thru some smart corporate plans.
after this MGO, it can choose to taichow anytime with no holds barred.

let's watch for the price action.

https://www.tradingview.com/x/2WUJXg6j/

https://klse.i3investor.com/web/staticfile/view/528248
NB:
1st time in corporate msia, every 1 can buy cheaper than the new.owner who
spent big money of $363 million to take over a PLC.
Is the new.owner the greatest fool in stock?

we watch REXIT now...

Posted by theyoungman > 2024-02-09 11:07 | Report Abuse

@purebull

1st time in corporate msia, every 1 can buy cheaper than the new.owner who
spent big money of $363 million to take over a PLC.

----

So good oh.
Taking over at RM 5.8
And share price is not trading at 5.8 after Jan2024. Why so? What's the story and plan behind? If so, buying at below 5.8 is good bargain. Ya. Dunno y he wants to do that. And, Who are those sellers below 5.8?

Posted by BudiLee > 2024-03-19 10:24 | Report Abuse

Congratulation! Yes APOLLO is a good company. I received lots of their dividends last year.

Posted by BudiLee > 2024-03-19 10:25 | Report Abuse

Another good stock is UTDPLT , very strong capital growth and also dividend

Posted by PureBULL ... > 2024-03-19 11:22 | Report Abuse

APOLLO
the new.owner is back with a roar.

1st a big 50 sen dividend declared, ex on this April 2nd, as the new beginning to the high flying journey;
https://klse.i3investor.com/web/entitlement/detail/26382_2646703983

Its QR PAT is ever growing;
https://klse.i3investor.com/web/stock/financial-quarter/6432

APOLLO could fly v high like Hextech with a huge BI n or Split soon.

https://www.tradingview.com/x/YZgu8Cky/

Posted by kk7198 > 2024-03-19 14:11 | Report Abuse

@PureBULL sifu, will follow you to buy. So far all your picks are ichiban n I make some $$$$ on Teo Seng, Rexit and last time PMB. So mati2 must buy some Apollo.

Posted by BudiLee > 2024-03-19 14:42 | Report Abuse

How about UTDPLT sifu? Some say it is also good

Posted by Realrich > 2024-03-19 17:31 | Report Abuse

Declare 50 cents dividend but share price up 1.2. lol who so smart pay 1.2 more and get 50 cents. After payment date further drop 50 cents.

Posted by BudiLee > 2024-03-19 23:56 | Report Abuse

Think positively buy now and the price keep going up, so u get dividend + capital gain

Posted by Realrich > 2024-03-20 07:41 | Report Abuse

You should think why share price up? Because of declared 50 cents dividend but now is over reaction. Their quarter profit 30m but share price is 5.88 already feel too high compare to other company made 30m profit per quarter. All of you chase 50 cents dividend but pay more 1.20. I really feel that too smart already. lol. After ex date drop 50 cents. You get nothing

Posted by Realrich > 2024-03-20 07:48 | Report Abuse

Today high chance 3 days limit down. RM 7 but profit per quarter only 30m. Genting price also lower than apology but genting profit 200m per quarter. Compare to maybank profit 2.4b per quarter. So my conclusion is apolo over value. The fair price is around Rm4 only

Posted by heesing62 > 2024-03-20 09:39 | Report Abuse

The amount of share floating in the market is very low. Less than 25% (less than 20m shares). New owners controlling more than 78%.

Posted by heesing62 > 2024-03-20 09:47 | Report Abuse

Realrich…..Genting probably have 3B shares free floating in the market. As compared Apollo less than 20m shares.

Posted by heesing62 > 2024-03-20 09:49 | Report Abuse

Importantly set your target price to sell. Don’t be greedy.

Posted by upupdragon > 2024-03-20 13:11 | Report Abuse

heard that a good news coming. up up up !!!!

Posted by Xienry > 2024-03-20 16:32 | Report Abuse

Good news already out

Posted by speakup > 2024-03-21 07:55 | Report Abuse

Welcome to CASINO DE BURSA!
semua kaum boleh judi!

Posted by MULTIEVER > 2024-03-21 17:29 | Report Abuse

Apollo landed to moon. MAGA! MAGA! Make Apollo Great Agaian!🌕🌕🌕