Hovid Bhd managing director David Ho Sue San and private equity group TAEL Partners Ltd have managed to accumulate 645.23 million shares or a 78.61% stake in the company at the closing date of acceptance.
Hovid said 368.43 million shares or 44.89% of its total share capital have been received by the joint offerors up to 5pm today, bringing their shareholding to 78.61%, from 276.80 million shares or a 33.72% stake on Oct 9 last year when the offer document was despatched.
Hovid said the joint offerors received additional acceptances of 7.74 million shares or 0.94% stake after 5pm today. These acceptances are subject to verification.
stockraider Next monday...they will announce they have achieve 75% and give the rest of the shareholder another 2wks to accept loh...!!
SO THE FIGHT IS WHETHER DELISTING CAN BE SUCCESSFUL ??
THEN NEXT WHETHER THERE CAN HIT COMPULSORY ACQUISITION 90% & ABOVE ??
we shall see, whether u are misleading or u are true leading. does it worth to give up the 38sen acceptance opportunity to get another few sens increasing of offer? while u are giving hope, please tell the chances of the possibility too. while u think Ho is a stingy guy, in other way round he also think you are stingy too. he's the one who manage the business, selling a little cheaper to him is reasonable in his mind. u can only blame urself not averaging down even more when their license got revoked.
my comment above is based on my honest opinion, with risk averse mindset but i hope u have strong fighting spirit to fight with Ho, those who accepted the offer would thank you for being so.
PLEASE PLEASE...RAIDER NOT SO CHEAPSKATE HOPING TO GET FEW MORE CENTS GAIN ON HOVID LOH....!!
RAIDER INVESTMENT THEORY...IN THINK BIG THEORY LOH...!! IN FACT THINK VERY BIG MAH.....!! RAIDER OBJECTIVE IS TO JOIN DAVID HO & FAMILY AND THE PRIVATE EQUITY ON BIG VALUE CREATION FOR HOVID EVENTUALLY MAH...!!
U R TALKING ABOUT MORE THAN 100% GAIN OVER 2 TO 3 YRS LOH....!!
SO WHETHER HOVID IS LISTED OR DELISTED WILL NOT STOP RAIDER TO REALISED DREAM OF MORE THAN 100% GAIN LOH...!!
OF COURSE IF IT IS STILL LISTED RAIDER MORE PREFER, BCOS STILL GET BUY MORE LOH.....!!
SO AS LONG AS THEY ARE NOT IN A POSITION OF COMPULSORY ACQUIRE HOVID, RAIDER DREAM WILL BE REALISED LOH...!!
Posted by Syndicates > Jan 13, 2018 02:20 PM | Report Abuse
stockraider Next monday...they will announce they have achieve 75% and give the rest of the shareholder another 2wks to accept loh...!!
SO THE FIGHT IS WHETHER DELISTING CAN BE SUCCESSFUL ??
THEN NEXT WHETHER THERE CAN HIT COMPULSORY ACQUISITION 90% & ABOVE ??
we shall see, whether u are misleading or u are true leading. does it worth to give up the 38sen acceptance opportunity to get another few sens increasing of offer? while u are giving hope, please tell the chances of the possibility too. while u think Ho is a stingy guy, in other way round he also think you are stingy too. he's the one who manage the business, selling a little cheaper to him is reasonable in his mind. u can only blame urself not averaging down even more when their license got revoked.
my comment above is based on my honest opinion, with risk averse mindset but i hope u have strong fighting spirit to fight with Ho, those who accepted the offer would thank you for being so.
I'm a bit confused. I thought in the news Ho mentioned they already got enough to privatize, and won't need to buy back more shares? So we can still sell back to them next week? Or we'll be offered with that price compulsory?
DELISTING OF COURSE NOT GOOD NEWS...THATS WHY WE MUST FIGHT DELISTING IF WE CAN MAH....!!
BUT IF U INTEND, LIKE RAIDER TO JOIN THE PRIVATE EQUITY FUND AND DAVID HO..IN BIG BIG VALUE CREATION FOR HOVID....OVER 2 TO 3 YRS, IT DOES NOT MATTER WHETHER HOVID IS LISTED OR NOT LISTED ,BCOS U R NOT GOING TO SELL AND INTEND TO MAKE BIG BIG MONIES LIKE THE PRIVATE EQUITY FUND AND HO FAMILY TOGETHER WITH THEM LOH...!!
THIS IS PROVIDED THAT HOVID , IS NOT COMPULSORY ACQUIRED LOH..!!
PLEASE PLEASE...RAIDER NOT SO CHEAPSKATE HOPING TO GET FEW MORE CENTS GAIN ON HOVID LOH....!!
RAIDER INVESTMENT THEORY...IN THINK BIG THEORY LOH...!! IN FACT THINK VERY BIG MAH.....!! RAIDER OBJECTIVE IS TO JOIN DAVID HO & FAMILY AND THE PRIVATE EQUITY ON BIG VALUE CREATION FOR HOVID EVENTUALLY MAH...!!
U R TALKING ABOUT MORE THAN 100% GAIN OVER 2 TO 3 YRS LOH....!!
SO WHETHER HOVID IS LISTED OR DELISTED WILL NOT STOP RAIDER TO REALISED DREAM OF MORE THAN 100% GAIN LOH...!!
OF COURSE IF IT IS STILL LISTED RAIDER MORE PREFER, BCOS STILL GET BUY MORE LOH.....!!
SO AS LONG AS THEY ARE NOT IN A POSITION OF COMPULSORY ACQUIRE HOVID, RAIDER DREAM WILL BE REALISED LOH...!!
Posted by thomashan > Jan 14, 2018 11:54 AM | Report Abuse
how come delisted is a good news? sorry i am newbie
PeterNg 379 posts Posted by PeterNg > Jan 14, 2018 01:35 PM | Report Abuse
Delisted is not good news. The good news is for HSS.
I sold at market 0.380..!!why holding when still dicrector all wanted to delist.. just sell n let them delist lor.. why still hoping to gain or earn something from it? Use the money olay other counter lor.. Greedy greedy now u know greed kills u
Indeed hovid is a good stock.. but we just a ikan bilis player against shark n jaws.. we buy how many lot also wont affect the movement .. so we cant fight anything. Ikan bilis against shark n jaws.. the outcome??
The directors will always scare minority shareholders that they will delist the counter so they will sell their shares quickly. Look at what happened to Kbunai, it’s still listed after so long ....
For those are still holding the share, just checked with registrar, the offer no longer valid since it was expired. If u wish to sell, only through open market, which is far below than rm0.38.
Wanna check with the sifu here... Now there are still around 20% of the shares hold by the public. Can they get it delisted if more than 10% of the value of the shareholders object the withdrawal?
gonna buy 100 lot at 0.355 , previously bought at 0.330 sold at 0.380 , now gonna ride again !! told you guys just sold at 0.380 before .. no used fighting with shark n jaws .. why die die also u all still wan hold .. main point is earn then sell ..earn n sell !!
Please read para 16.06 of [MAIN LR] CHAPTER 16 - SUSPENSION, DE-LISTING AND ENFORCEMENT , which state: provided that such shareholders or unit holders and holders of any other class of listed securities who object to the withdrawal is not more than 10% of the value of the shareholders, then can request for delisting. Any way: (c) the shareholders or unit holders and holders of any other class of listed securities, if applicable, are offered a reasonable cash alternative or other reasonable alternative (“exit offer”);
hahaha only sohai still hold...david will let it free fall to 0.380 and sapu all the shares...then delisted...those who didn't take the offer...good bye to you...kikiki
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Posted by hoplanner > 2018-01-12 20:49 | Report Abuse
If Hovid is delisted, yr shares can't be traded anymore even though u r still a registered holder. MingTzy, r u worried?