Posted by bleuerouge > Jan 19, 2017 09:47 PM | Report Abuse
OngLai88, we need to top up 30c to buy UMW-OG 80c plus free wa?
-------------------------------------------------------------------- UMW-OG Rights with free warrant price not yet set. Has to wait for ICON MGO to complete then only got rights issue for UMW-OG.
Sky is the limit. Umwog as mother will bring her son icon to fly together. Merging sure bring benefit for umwog and icon, 2017 is o&g theme play. Umwog want increase the market cap and value to beat other oil stock. Mark my word
Agree. He has been proven wrong time and again in Hibiscus since below 20 sen.
Posted by faizkl > Jan 20, 2017 12:57 AM | Report Abuse Don't believe this calvintaneng comment, if you read in DRB HICOM klse forum, you will know why..
disappointing takeover price :( much lower than rumours. will sell all icon shares and buy TDM. my crystal ball told me that we will see handsome return within 49 days :)
ICON very lucky because got Equinas. If not because of Equinas, any other company would have collapsed and delisted because of the scandal like ICON that forced it's CEO Jamal to resign.
ALAM is financially more sound & stable than ICON. But UMWOG chose ICON instead of ALAM because ICON has GLC Equinas as major shareholder. UMWOG is a GLC need to help another GLC. This is "national service". ALAM got who?
let's do a very simple Standard 1 calculation here.. we'll eventually get 50 c based on the takeover price; n now the price is 47 c; so the return is 3 c, wouldn't that i called free money?
@bleuerouge, u r indeed correct; those who threw this morning were those who bought quite cheap; so no harm throwing as they'll get thousands of cash in a couple of days.. c the volume thrown at 46.5 c, relatively small quantity, indicating these r retail players
Sifu calvintaneng is here too. Guys sifu calvintaneng has warned about Hibiscus shares and it has been on the downtrend. Please listen to calvintaneng, he is the savior HOWEVER i will only take his advice for sell call not for buy call. Stay HAPPY and CHEERS!!
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Posted by Oil_n_Gas > 2017-01-19 21:29 | Report Abuse
Should be 1 UMW OG for 1 Icon since Icon is profitable but not UMW OG.