KLSE (MYR): KHSB (6246)
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Last Price
0.835
Today's Change
0.00 (0.00%)
Day's Change
0.00 - 0.00
Trading Volume
0
T4Q
31-Mar-2021
2020
31-Mar-2021
2019
31-Mar-2021
2018
31-Mar-2021
2017
31-Mar-2021
Total assets
238
-1.64%
1000
+11.55%
110
+81.66%
900
-13.16%
600
+235.36%
Total current assets
238
1000
110
900
600
Cash & equivalents
238
1000
110
900
600
Short term investments
238
1000
110
900
600
Total receivables, net
238
1000
110
900
600
Accounts receivable - trade, net
238
1000
110
900
600
Other receivables
238
1000
110
900
600
Total inventory
238
1000
110
900
600
Inventories - work in progress
238
1000
110
900
600
Inventories - progress payments & other
238
1000
110
900
600
Inventories - finished goods
238
1000
110
900
600
Inventories - raw materials
238
1000
110
900
600
Total non-current assets
238
1000
110
900
600
Long term investments
238
1000
110
900
600
Note receivable - long term
238
1000
110
900
600
Investments in unconsolidated subsidiaries
238
1000
110
900
600
Other investments
238
1000
110
900
600
Net property/plant/equipment
238
1000
110
900
600
Gross property/plant/equipment
238
1000
110
900
600
Accumulated depreciation, total
238
1000
110
900
600
Deferred tax assets
238
1000
110
900
600
Net intangible assets
238
1000
110
900
600
Other current assets, total
238
1000
110
900
600
Total liabilities
238
-1.64%
1000
+11.55%
110
+81.66%
900
-13.16%
600
+235.36%
Total current liabilities
-238
-1000
-110
-900
-600
Total non-current liabilities
-238
-1000
-110
-900
-600
Long term debt
238
1000
110
900
600
Long term debt excl. lease liabilities
238
1000
110
900
600
Capital and operating lease obligations
238
1000
110
900
600
Provision for risks & charge
-238
-1000
-110
-900
-600
Deferred tax liabilities
-238
-1000
-110
-900
-600
Other liabilities, total
-238
-1000
-110
-900
-600
Total equity
-238
-1.64%
-1000
+11.55%
-110
+81.66%
-900
-13.16%
-600
+235.36%
Total liabilities & shareholders' equities
238B
1000B
110B
900B
600B
Total debt
238
1000
110
900
600
Book value per share
-238
-1000
-110
-900
-600
sure can go higher .. but dunno when laa .. stock .. up and down .. goreng here and there ..
2013-08-27 14:03
KDEB has opt to buy KHSB share directly from open market, so far have accumulate more than 8% stake.
2013-08-28 13:24
I observing the forum secretly.. Shh dun tell anyone, later The singh come kacau again. Ehehe
2013-08-28 16:41
Where are all the doomsayers in this thread?
Those who took this risky arbitrage earns 25%, or annualized return of 75%!
Posted by kcchongnz > Apr 30, 2013 09:48 AM | Report Abuse X
Market inefficiency?
News broke out about the signing of the S&P for the takeover offer last night. Maximum takeover price 83.6 sen and minimum 76 sen. Completion of S&P by end of May. GO say take another 3 months to complete.
If everything concluded in the one plus three months and all investors get their money in four months, the profit of buying KHSB now at 67 sen would be between 13.4% and 24.8%, or an annualized return between 40% to 75%.
Why is there such a high risk premium for this risky arbitrage play?
2013-08-28 16:47
Melvin, just to shiok a bit here lah. Remember that time we were the only few who stick to OTB while so many people taruk him on this KHSB?
2013-08-28 16:56
66300 can u kindly explain i'm being ignorant. i just bought this counter today at .83. what will be after this. tq
2013-08-28 23:20
melvin G may i ask -this stock will not be traded in the open market tomorrow?
2013-08-28 23:33
Posted by fadhil53 > Aug 28, 2013 11:23 PM | Report Abuse
kcchongnz can u help me on this predicament . tq
Not a good move to buy at 83 sen as the GO price is 83.6 sen. Eventually you will be given a check with 83.6 sen settlement price. You wont make any gain after taking into consideration of your opportunity cost or loss in interest from your money.
That is a problem of buying something without knowing what is happening. But never mind, take it as an inexpensive lesson learned.
2013-08-29 05:42
early early in the morning already want to show off n cari gaduh.
why dont you go mtdacpi section and say : ''i screwed up'' ?
2013-08-29 07:38
dont forget about liihen and insas , alright..
only ppl like otb got such thick face go inari section promote insas like nobody business. really no eye see.
2013-08-29 07:40
thank you kcchongnz for your reply and useful advice. Hope i learn well and fast enough.
2013-08-29 07:45
better sell at market price 0.835 to them, i think price wont go up anymore.
no need waste time and interest to wait KPS EGM and VGO
2013-08-29 08:38
yeah lah .. what to play stock .. win everytime .. then put money in fixed deposit la. Mr Ooi is kind enough to give his opinion. Want to follow or not .. that is the risk u guys need to take lah. Do you own thinking . not just hentam people. Aiyooo .. what laaa .. this kind of people also got!
2013-08-29 10:35
OTB,
Dont be bothered lah. Some dogs bark for no reason, some keep barking because they get excited when some one respond.
These barkers chose not to highlight your preamble :Just be happy if you get it right 60% of the time. So dont respond, let these barkers syiok sendiri.
As For me, I am buying my wife a new car with KHSB profits. Yes I am an OTB ball carrier and proud of it. Yes I am boasting about too. Its my prerogative. See if I can find OTB number plate...
2013-08-29 10:47
Whatever said & done both positively & negatively, I learnt much from u guys' sharings. Just sold all my khsb @ 0.835 which I hv been holding for umpteen yrs. What a relief! Tks OBT for yr constructive sharings. Wished I had discovered this blog earlier then could hv made some 'kuih muih' pocket money! Come on guys let's make this an educational blog with a common aim to make profits & not to turn it into a battlefield. For better or for worse, at the end of the day the final decision is yrs to make. Hi to everyone & lets make some bucks together!
2013-08-29 10:49
Risk arbitrage, a lesson learnt from KHSB.
Posted by kcchongnz > Apr 30, 2013 09:48 AM | Report Abuse X
Market inefficiency?
News broke out about the signing of the S&P for the takeover offer last night. Maximum takeover price 83.6 sen and minimum 76 sen. Completion of S&P by end of May. GO say take another 3 months to complete.
If everything concluded in the one plus three months and all investors get their money in four months, the profit of buying KHSB now at 67 sen would be between 13.4% and 24.8%, or an annualized return between 40% to 75%.
Why is there such a high risk premium for this risky arbitrage play?
The arbitrage opportunity for KHSB worked out exactly like what was written above 4 months ago. The Selangor Government is actively purchasing KHSB's shares directly from the market now at 83.5 sen. So the time frame of 4 months from the signing of S&P is also exact.
So the return for those who took the risk arbitrage made about 25%, or an annualized return of 75% as anticipated.
When is the next fat frog jumping around again?
2013-09-11 17:23
Melvin, holding KHSB when you can sell at the price they going to settle with you in a few months time is not a wise move.
2013-09-13 15:32
Got it. I was hoping for the extra dividend they might be distributing.. Thks!
2013-09-13 15:35
Bursa news: Finally....
Type Announcement
Subject TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
Description KUMPULAN HARTANAH SELANGOR BERHAD ("KHSB" OR "COMPANY")
- UNCONDITIONAL TAKE-OVER OFFER BY AFFIN INVESTMENT BANK BERHAD ON BEHALF OF KUMPULAN DARUL EHSAN BERHAD ("KDEB" OR "OFFEROR") TO ACQUIRE
(I) ALL THE REMAINING ORDINARY SHARES OF RM1.00 EACH IN KUMPULAN HARTANAH SELANGOR BERHAD ("KHSB") ("KHSB SHARE(S)") NOT ALREADY OWNED BY KDEB; AND
(II) ALL THE NEW KHSB SHARES THAT MAY BE ISSUED PRIOR TO THE CLOSE OF THE OFFER ARISING FROM THE EXERCISE OF THE OUTSTANDING OPTIONS GRANTED PURSUANT TO KHSB’S EMPLOYEES’ SHARE OPTION SCHEME
(COLLECTIVELY REFERRED TO AS THE "OFFER SHARES")
FOR A CASH OFFER PRICE OF RM0.836 PER OFFER SHARE ("OFFER")
The Board of Directors of KHSB wishes to announce that KHSB has today received the attached press notice from AFFIN Investment Bank Berhad, on behalf of the Offeror, informing that pursuant to Section 33 of the Malaysian Code on Take-Overs and Mergers 2010, the Offeror has dealt in KHSB Shares on 23 September 2013.
Please refer to the attachment for further details.
This announcement is dated 23 September 2013.
2013-09-23 21:22
johndow
hit 83.5 oredy
2013-08-27 12:30