MALAYSIA PACKAGING INDUSTRY

KLSE (MYR): MAYPAK (8095)

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Last Price

1.00

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

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64 comment(s). Last comment by dompeilee 2016-12-01 08:28

dompeilee

11,888 posts

Posted by dompeilee > 2016-10-19 15:58 | Report Abuse

Taisei Lamick now buying on the open market @ 65 & 65.5c because they're likely not confident of reaching the 90% threshold for delisting due to non action by minority shareholders(including me)

mamatede

3,950 posts

Posted by mamatede > 2016-10-20 09:50 | Report Abuse

Independent advisors advise not to sell because they have huge stack inside. But again maypack is not making great profit qoq

dompeilee

11,888 posts

Posted by dompeilee > 2016-10-30 08:54 | Report Abuse

My guess is that they may have to raise the offer price to 80c or thereabouts to clinch the 90% threshold.

dompeilee

11,888 posts

Posted by dompeilee > 2016-10-31 18:49 | Report Abuse

RAISED TO 1.00!!! :D

jonatlau79

419 posts

Posted by jonatlau79 > 2016-11-01 07:51 | Report Abuse

Straight 2 Days LIMIT UP.

dompeilee

11,888 posts

Posted by dompeilee > 2016-11-01 08:51 | Report Abuse

I don't think the 2nd day will limit up, but they may STILL not reach the 90% threshold because the RNAV is 1.76 according to the independent adviser.

Those who sold in the last couple of weeks @ 65c in the open market are sc**ed! LOL

jonatlau79

419 posts

Posted by jonatlau79 > 2016-11-01 09:05 | Report Abuse

Today Limit Up done. Tomorrow no more show.

dompeilee

11,888 posts

Posted by dompeilee > 2016-11-01 09:25 | Report Abuse

Only 7,900 shares done so far even after UP 46% from yesterday???

I think very few minority shareholders have Maypak shares left! ( I'm one of them :D )

Tomorrow's price action will be more interesting...can guess whether TL will likely hit the 90% threshold or not.

char1234

5,299 posts

Posted by char1234 > 2016-11-01 10:15 | Report Abuse

below 1 rm no limit ,,,,,just no seller.why spike up for tis counter

dompeilee

11,888 posts

Posted by dompeilee > 2016-11-02 09:24 | Report Abuse

Veryyyy interesting. 189,000 shares done ABOVE the revised offer price of 1.00! :D

dompeilee

11,888 posts

Posted by dompeilee > 2016-11-02 09:47 | Report Abuse

46,000 done at 1.04 so far. What is going on???

Posted by ericyhk8888 > 2016-11-05 10:28 | Report Abuse

next will revise to rm 1.5

dompeilee

11,888 posts

Posted by dompeilee > 2016-11-24 20:36 | Report Abuse

OMG! 87+ million for the compulsory acquisition of its factory! That's over RM 2.00 per share!!! :D

dompeilee

11,888 posts

Posted by dompeilee > 2016-12-01 08:28 | Report Abuse

It is my intention that Taisei Lamick fall SHORT of the 90% threshold to force minority shareholders to accept their lowball offer...just like Cordlife failed to reach the 90% threshold for Stemlife!

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