Icon8888, I suspect it's 51% own subsidiary that manufactured CBU Bus in indonesia occuredn huge losses which offset the plantation profit for minority interest. I don't see new CBU bus order in year 2013 and I believe the depreciation charge + rupiah depreciation causing the minority interest showing -ve figure for current financial year. Looking forward your sharing on delloyd. Thanks.
Con job. Don't accept the offer. We only need 10% of the minorities to reject the offer. Their land bank in kuala selangor is worth at least 1 billion which translates to rm10 per share. I'm gonna alert the minorities watchdog
We just need to find 3.5% of delloyd shareholders to reject the offer, then it won't go through . But I think it's very difficult . Cause this stock is very cornered
Value, based on my experience, when a company announced a take over like this, they would usually had done their analysis of shareholder voting scenarios. Usually they will succeed.
I don't have opinion on whether the offer is fair or not, maybe you should wait for Independent Advice Letter to find out more. Sorry that is all I can say at this stage
Noted with thanks. i remembered you planned to write about delloyd and you may have a detailed study on their company. i will wait and see, hope there will be someone writing on this offer.
Remembered what cold-eye had mentioned earlier in his talk, some of companies would eventually choose to go privatize after knowing their companies are under-valued and more importantly, the investors have not noticed that!
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 5887 views | 5 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
Ek Tan
7 posts
Posted by Ek Tan > 2014-04-04 22:59 | Report Abuse
Icon8888, I suspect it's 51% own subsidiary that manufactured CBU Bus in indonesia occuredn huge losses which offset the plantation profit for minority interest. I don't see new CBU bus order in year 2013 and I believe the depreciation charge + rupiah depreciation causing the minority interest showing -ve figure for current financial year. Looking forward your sharing on delloyd. Thanks.