Posted by BC475654 > 2013-01-21 22:48 | Report Abuse

It is worthwhile to put this stock under your watchlist.Refer to the company announcements and Business Times 1st Nov and 15th Dec 2012.A PN 16 company with more than 100m cash but no core business.Vol up

Posted by JASON80 > 2013-01-21 22:52 | Report Abuse

nono . lousy trend ... it a downtrend stock . not for me

Posted by henryecko > 2013-01-21 23:07 | Report Abuse

low liquidity, not my type...but might good pick...

Posted by bekful > 2013-06-13 13:05 | Report Abuse

any opportunity for this counter?

Posted by marco > 2013-06-13 13:26 | Report Abuse

dead counter.

Posted by stock > 2013-06-28 13:50 | Report Abuse

counter heading nowhere. someone should just create some rumour and goreng this stock. lol

Posted by stock > 2013-07-25 16:11 | Report Abuse

drop then up again ?

Posted by elmo888 > 2014-01-06 23:43 | Report Abuse

what is the next business plan for this cash rich cow?

Posted by stock > 2014-01-16 13:42 | Report Abuse

put in fd and collect interest.

Posted by Fitri > 2014-01-16 14:16 | Report Abuse

going to jump on the o&g bandwagon soon?

Posted by Henry HO > 2014-01-16 14:53 | Report Abuse

It could be a Reverse Take over target

UMNO-linked Emrail to takeover Premier Nalfin
PJ (NOV 2, 2012): UMNO-linked railway engineering firm Emrail Sdn Bhd is to takeover the listing status of cash company Premier Nalfin Bhd, in a heads of agreement between Premier Nalfin & three parties. Premier Nalfin’s deal with Magniplan Sdn Bhd, Nobelmax Resources Sdn Bhd & prominent UMNO lawyer Datuk Mohd Hafarizam, will see a special-purpose vehicle set up to acquire both Premier Nalfin & Emrail, & follow it with the listing of the enlarged entity. Emrail holds multi-billion ringgit contracts to construct the Ipoh-Padang Besar railway & the Kinrara-Damansara Expressway, the latter in a consortium with Zabima Engineering Sdn Bhd. Premier Nalfin is currently controlled by the National L& Finance Cooperative Society & sits on a cash hoard of RM115.7 million. National Land & Finance has been steadily increasing its stake in the company in the last month or so, adding another 5.7% stake to st& at 62.87%. “It is an essential condition of the Heads of Agreement & the definitive written agreements to be entered into between the parties (which will set out the terms & conditions of, & govern, the proposed restructuring scheme) that Premier Nalfin is not de-listed or the listing status of the company is not withdrawn, terminated or otherwise prejudiced.” “Should any of these events occur prior to the expiry date (as defined below) or such extended date as may be mutually agreed, the major shareholders shall be entitled to terminate the Heads of Agreement forthwith,” the company told Bursa Malaysia. The purchase consideration & the exchange ratio shall be determined & agreed by the parties a month from the announcement date. - See more at: http://www.berita2u.tk/umno-linked-emrail-to-takeover-premier-nalfin/#sthash.iyg0g4OT.dpuf


Premier Nalfin gets until March to submit revamp plan @ the Star 2013.10.13

KUALA LUMPUR: Premier Nalfin Bhd has until March 9, 2014 to submit its regularisation plan to Bursa Malaysia Securities.
Premier Nalfin, which is a Practice Note 16, said on Monday Bursa Securities had extended the deadline for the revamp.
However, Bursa Securities said the extension of time was without prejudice to its right to proceed to suspend the trading of the securities and to de-list it if the company failed to submit the plan on or before March 9.
Another factor was that if the company failed to obtain the regulatory authorities’ nod to implement its regularisation plan.

Posted by member41 > 2014-02-16 12:29 | Report Abuse

How to use the $115m cash?

Posted by elmo888 > 2014-02-17 21:36 | Report Abuse

extension until 9 July 14 :
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1540233

Posted by WY Chan > 2014-04-07 19:14 | Report Abuse

Good news from focus m... emrail rto

Posted by member41 > 2014-04-07 19:24 | Report Abuse

We also refer to the announcements dated 1 November 2012, 2 November 2012, 30 November 2012, 28 February 2013, 26 July 2013 and 23 September 2013. On behalf of the Board, HLIB wishes to announce that Kidex Sdn Bhd, a 70% subsidiary of Emrail Sdn Bhd, had on 15 November 2013, entered into a concession agreement (“CA”) with the Government of Malaysia for the construction, management and maintenance of the Kinrara-Damansara Expressway and operation of all related toll plazas for a period of 40 years (“Project”). In addition, pursuant to the CA, a traffic study for the purpose of the CA has been conducted and the valuation for the Emrail Sdn Bhd group of companies is currently being undertaken. Further thereto, Kidex Sdn Bhd is also currently seeking the necessary approval from the respective government agency for the proposed change in shareholdings of Kidex Sdn Bhd that will arise pursuant to the proposed regularisation plan of Premier.

This announcement is dated 7 April 2014.

Posted by WY Chan > 2014-04-07 20:36 | Report Abuse

Yes....

Posted by bohmiah > 2014-04-07 23:04 | Report Abuse

hmm .. why the additional announcement only release now ???

Posted by houseofordos > 2014-04-07 23:22 | Report Abuse

just curious, is the RTO more or less confirmed ? From the news in FocusM looks like it will be completed by Q4 this year ? With a cash hoard of 33sen, RTO price will definitely need to be higher than current price wont it ?

Posted by WY Chan > 2014-04-08 21:12 | Report Abuse

Just wait n see lor...

Posted by WY Chan > 2014-04-11 08:25 | Report Abuse

the Kidex is a done deal but the transfer of ownership is still in question... but if inject whole of Emrail into PNB... it would be good... news on Kidex is out in THEEDGE and FOCUSM...

Posted by WY Chan > 2014-05-01 08:41 | Report Abuse

Happy labour day to all.... but I will be talking to myself... coz here is a ghost town

Posted by naughtygirl > 2014-05-01 23:28 |

Post removed.Why?

Posted by craptree > 2014-05-10 17:28 | Report Abuse

http://www.thestar.com.my/News/Community/2014/05/09/Residents-want-full-details-on-project-MHAs-permission-needed-to-disclose-TIA-report-says-Kidex/

Posted by elmo888 > 2014-05-16 22:49 | Report Abuse

@WYChan: this is not a ghost town, is just keeping silent to observe the trend... hopefully it will come soon..

Posted by craptree > 2014-05-17 20:10 | Report Abuse

elmo... same here... but there is very strong objection... hope they will push through like DASH...

Posted by craptree > 2014-05-20 15:29 | Report Abuse

http://www.theedgemalaysia.com/political-news/290352-khalid-kidex-to-proceed-as-planned.html

Posted by JAMESOOI > 2014-06-12 14:04 | Report Abuse

Is engineering firm Emrail Sdn Bhd proposal to takeover the listing status of cash company Premier Nalfin Bhd still on?

Posted by member41 > 2014-06-16 14:41 | Report Abuse

Kidex must go ahead. Any news?

Posted by bohmiah > 2014-06-21 12:48 | Report Abuse

damn ... so much cash but nobody is interested in taking over ...

Posted by member41 > 2014-06-27 21:21 | Report Abuse

Finally up. Yahoo

Posted by stock > 2014-06-30 11:33 | Report Abuse

its time...

Posted by kllady_fidah > 2014-06-30 15:44 | Report Abuse

time to sell or buy?

Posted by Tuxedo > 2014-06-30 15:57 | Report Abuse

Drop already....back to below 0.40

Posted by member41 > 2014-06-30 16:58 | Report Abuse

Sell on news

Posted by stoCKTANgerin > 2014-06-30 17:21 | Report Abuse

Santa Claus is coming to town!

Posted by teewendy > 2014-06-30 19:43 | Report Abuse

Tomorrow if below .40 still good time to collect? Any tp? Tq

Posted by chickmonk > 2014-07-01 09:16 | Report Abuse

（吉隆坡30日訊）配合珍貴納菲（PREMIER，9458，主要板工業）重組活動，該公司將收購特別用途公司的新公司進行連串企業活動，將上市地位轉移給新公司。

　珍貴納菲通過新公司保留上市地位，配合此活動，該公司建議每股進行3仙資本回退，並將在新公司的股票1股拆為2股。

　爾後，該公司以每股50仙，認購新公司發出17億3474萬股新股，並在每2股送1憑單下持有8億6737萬張憑單。

　完成資本回退后，公司將以4股面值47仙珍貴納菲股票，換取3股新公司股票模式，即以3億3700萬股珍貴納菲股換取2億5275萬股新公司股票。

　新公司亦會以每股50仙價格，私下配售9億7500萬股新股和4億8750萬張憑單予特定投資者。

　珍貴納菲通過連串企業活動將集得13億5487萬令吉資金，供收購和重組用途，料在2015年上半年完成。http://www.chinapress.com.my/node/539496

Posted by chickmonk > 2014-07-01 09:17 | Report Abuse

below 40sen still a good buy~~TP 50sen

Posted by davidkkw79 > 2014-07-01 09:19 | Report Abuse

50 sen to certain institute investor ?

Posted by tpchuayap > 2014-07-01 09:33 | Report Abuse

@ Chickmonk,Pls advise Y 50 sen is the TP ? thanks

Posted by davidkkw79 > 2014-07-01 16:11 | Report Abuse

chickmonk is busying at sapu premier, no time to advise you.

Posted by stock > 2014-07-01 16:18 | Report Abuse

push price down then buy at cheap , then keep for 1 year ? haha

Posted by chickmonk > 2014-07-01 21:12 | Report Abuse

If today you bought 20000units x RM0.37 = RM7400
You going to get RM0.03 x 20000units = RM600.00 as capital repayment.
After share exchanged, your 20000units will reduced to 20000x3/4=15000units.
Newco share issue is RM0.50. So your 15000units x RM0.50 = RM7500
And yet, you going to get 7500units free warrant.

Let say Newco first day of listing shoot up to RM0.60 then your 15000units become RM9000.
If market gave Newco warrant at premium 16% then your 7500units x RM0.2=RM1500
So total you earned RM9000-RM7400+RM600+RM1500=RM3700

I don't know whether my calculation is correct or not. Please correct me if i'm wrong. Buy at your own risk!!

Posted by Wilson Chia > 2014-07-01 21:24 | Report Abuse

tomorrow buy still have this offer ? chickmonk

Posted by chickmonk > 2014-07-01 22:45 | Report Abuse

Can. Buy below 0.45 and hold.

Posted by member41 > 2014-07-01 22:49 | Report Abuse

Kidex still on?

Posted by tpchuayap > 2014-07-02 08:53 | Report Abuse

Good morning and good luck

Posted by Tuxedo > 2014-07-02 11:20 | Report Abuse

so buy & keep 1 year for 50% profit? Sound very attractive...

Posted by craptree > 2014-07-02 11:58 | Report Abuse

Kidex is 40:60... but Emrail alone is very positive for next 10 yrs... with so many rail project in Malaysia

Posted by AhJee > 2014-07-02 16:04 | Report Abuse

haa haa today KL monorail has defect and road outside time square got a big hole
this is the project ... haa haa