Anyone look into Mahsing-OR? I found that it is in discount right now..
According to the announcement, 5 Rights can be entitled for 3 free detachable Warrants and the Rights exercise price will be RM1.42.
Using the Mahsing and it's OR current price, RM2.05 and RM0.65, it can be calculated as:
5(OR) + 5(Ex. Price) = 5(Mahsing) + 3(Warrant)
5(0.65+1.42) = 5(2.05) + 3(Warrant)
10.35 = 10.25 + 3(Warrant)
Normally the Warrant price when listing will hv around 1/3 of the mother share...which means 2.5/3= approx. 0.83
Basically you are using the cost of 10.35 to buy something which valued at 10.25+0.83 = 11.08
And you will get the profit of 11.08-10.35 = 0.73...
If I reverse the process assuming the warrant price to be 0.83,
5(OR) + 5(Ex. Price) = 5(Mahsing) + 3(Warrant)
5(OR+1.42) = 5(2.05) + 3(0.83)
OR = (12.74/5)-1.42
OR = 1.128
OR should worth at least 1.128!!
What if I reduce the warrant possible trading price to 0.5?
OR should at least worth 0.93 too!!
Up until now Mahsing-OR is still trading at 0.65, isn't it considers cheap?

These two days show some buying interest...probably related to the upcoming quarterly report.

Well..assuming that Johotin will stay at 1.6..and the OR price now is 0.62...which means
0.62 + 1.28 = 1.6 + WA.
1.9 = 1.6 + WA
WA = 0.3? So what if the WA worth more than that? Let's say if the WA is 0.6? doesn't it makes the OR become relatively cheap?
So the question is how the hell would I know the WA will be trading @ 0.6? Well..it's for u to find out then..:)

Are you guys forgetting the fact that it has a free detachable warrant?

Quarterly result is out...PBT increases 52%!

If it drops further...it will be oversold...next support will be 1.96

The quarterly result is out...relatively good....let's see if it performs tomorrow...

It means CCS intends to acquire certain amount of stakes which are priced in a range of 1.8-2. After the acquisition, the stake it has will be more than 50% and it will trigger the MGO. According to OSK, it's fair value is above RM3, so probably he will offer a price which will be at that range.

What TA u r looking to...?

To whom it may concerned:

Digistar refers to the article appearing in The Star on Thursday, 28 June 2012 wishes to deny that the Company has obtained a license to install central monitoring systems (“CMS”) nationwide.
Digistar wishes to clarify that it is currently engaging in preliminary discussions with a CMS license holder with regard to roll out this new CMS business together. As at the date of this announcement, Digistar has not signed any memorandum of undertaking or agreement in relation to the said project. The Company will make the necessary announcement to Bursa Malaysia Securities Berhad should there be any material development that falls under the ambit of the Main Market Listing Requirements.
This announcement is dated 29 June 2012.

Though I do believe the agreement will be sealed soon since the company has been doing a lot of corporate exercise. Seem like preparing a lot of money for new projects.