Oh ok, thanks bro. Btw, is that possible that Navis Capital will revised their offer price? According to previous sources, it is possible for Navis to offer another round of offer but with a higher offer price in six months time. Any opinion? Thanks for sharing your opinion in advance.
NAVIS CAPITAL will revised their OFFER PRICE higher than TARGET PRICE RM 2.40 this time if they are interested to takeover for 2nd round. So i think the price will shoot above RM 3.00.
In my view, this stock would be great for long-term hold in terms of lucrative capital appreciation (due to their competitive advantage and stable sector which lead to high profit margin and stable cash flow) and dividends (with 50% dividend policy). Hope it would not privatize though where Navis Capital will sell off their shares and leave the board if any potential second offering would be a failure.
SEG is a really a good counter. Remember its new TARGET PRICE RM 2.52. NAVIS wants to sell all stakes, then sure got other potential buyers interested with it.
SEG has closed RM 2 everyday for 1 straight week already. Seem something/ someone is controlling this counter. Maybe more uptrend will happen again after raya.
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....
jinix91
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Posted by jinix91 > 2012-07-17 23:45 | Report Abuse
Oh ok, thanks bro. Btw, is that possible that Navis Capital will revised their offer price? According to previous sources, it is possible for Navis to offer another round of offer but with a higher offer price in six months time. Any opinion? Thanks for sharing your opinion in advance.