First Exchange Sime bought when price was 1.45 they bought bulk at 2.30 ie 85cents premium - 60%
Second Exchange Terry bought at RM 2.90 when he sold at RM2.30 ie 60cents premium
- 26%
Third Exhange will happen after the STP 2 work starts, anytime after January 2015. With the current PE standing at 20.55 (approx) upon the go ahead and re-value, it should go below 10 pending on the price then. Even at RM3 the PE is already below 10 on technical scale.

According to the analysis experts in the industry and one who knows Terry, says for him to play this at 61 years old to gamble RM319 Million ( One Third of a Billion) he must have an upside of at least 30% to take that kind of risk as a seasoned businessman. That's how the TP RM3.90 was worked out.

It must stay above 3.10

After this a lot will look for EnO to partner

What about you Bravo?

I just bought Thplant after the dividen and it drop to 2.05. I bought because it was after dividen and PO price is down.

FYI Low Gay Teck started career in Mayland and was project manager in 1966 there. So in simplicity, L&G is Mayland and doesn't surprise me if officially buy over or direction are all from there.

Dear Mr Low Gay Teck, (L&G MD/CEO)

I am writing a personal note to you because I believe in L&G under your helm. I have also experience a bad decision when picking Tropicana (formerly Dijaya) to invest in earlier. I have since renounce this share as there were many off market trading, Esos, and family trades (officially announced on Bursa) at the expense of investors. Like L&G, Tropicana too achieved new historical highs in their revenue with addition abundance of Landbank and GDV. They too have family involvement in the company just like David Chiu and family at Mayland. To date no investor as I have been told are brave enough to buy Tropicana after the share price drop below the 2013 Private Placement and to a low of 50% of peak price within weeks. I hope my letter to you can help avoid a similar situation as you good reputation has grew on my trust. Kindly note after the drop, it has taken 1 year and yet the price is still below par

Sincerely
Barbarian :)

Oppps below 2.52 ady ....still not stable

And now they will show a gain of additional RM 66. Million for their closing June coming August result as guaranteed and push up their own shares and The take over will have to pay premium for Sime Properties as well.

I think I&P will sapu all and Sime is just getting their money back paid in premium before the offer and treating the three years ago transaction as a business which they made 60cents times 110 Milliion shares equal to RM66. Million profit over 3 years.

Wow so many justification by Terry and this one from Thestar. I would really like to see if the long haul claim from the horses mouth against Saturn short haul claim and who is correct.

http://www.thestar.com.my/Business/Business-News/2014/05/30/Terry-Tham-says-he-is-in-EO-for-the-long-haul/

Zzzzzzzz still sleeping....luckily I disposed all

If logical buy by themselves before any possible happening or rumor of GO then sell back and offer a GO and buy back....sound fantastic looking at the combined volume of 30 Million yesterday

Pin, if they convert and end up 35% and being the single controlling stakeholder! they have to buy out

go go 2.89

if stay above 2.52 is good news

Pin if true Mayland raised to nearly 35 % could trigger a GO? A GO will be very worth it since it is very undervalued

0.575 and above could spell happiness

Hehehe Ayam Tua I like your cash register kaching sound....

Resistance 2.52 TP 2.89......1 cents short of Terry Thams price

57cents if can pass convincingly will move to next level.

If can stay above 3.10 it will be strong

Thanks Johnny....tonight got more thing to read

JohnnyCash, chow Yun Fatt coming with guns blazing?? Hehehehe.....if got sure go up

For those who miss the report on Kinibiz. I think if they tie back to Saturns write up to retain Tham makes more sense because how do you retain Terry by selling the shares back to him more expensive . Doesn't make sense unless there are more exchange as suggested by Saturn

http://m.kinibiz.com/story/tigertalk/88270/sime-darby’s-strange-purchase-and-sale-of-eo.html

Linabee you should buy the project next to element and invite us for coffee..kekekeke

Bones, any push?

Almost to my target 3.15

Have a good flight Saturn

I think it will be rm3 once approval given as still huge discount from rnav. Expecting June or July for official approval as state govt wants the various agencies and developer to abide by the requirement as per tender

Ok sifu. Thank you.

Tqs Seph......

Seph, what should we fill in in the part marked <...........> in the form excerpt below

" whole/RM ( delete the appropriate) <...............> of nominal amount of ICUL shares..."

Wah 5 cents...8.5%.... Where to find

Bravo, can you give me the summary....noted also it's 2012

The dividend is more than 3.5% at 57 cents and if paid within 2-3 mths it will be 4 to 6 times better than FD at 3.15% per annum

Linabee they are different play. EnO is played reverse because the PE is high and awaiting the approval to re- rate, while L&G is close to Tropicana. Very similar to Tropicana except that Chiu family can be better trusted and don't run the company like Danny with all his children. I believe Low Gay Teck has a more free hand and getting a lot into place hence the 3 3 3 is achieved. I will be very worried if dividend is not given and the MD also not proven. Here Low has shown since 2008 how he brought the company up

one more round when they officially announce the dividend

I have read and read and read soooo many time on "The Exchange" and "M&A" and yesterday I read again on OPR. Thank you a million

Thank you Saturn!!!! I am sooooo happy

It's Terry's vehicle

Keelin, have a look at jobstreet.....a lot of positions for property development esp. GM in johor

Keelin what I mean is the first 3 refers to 3 times of the revenue compared to 3 years ago and similarly the 2nd refer to 3 times the net profit but not sure what is the third 3x

There is one part that Saturn ask us to guess on the 3 3 3......one on topline 3x, one on bottomline 3x and the 3rd...anyone??

Steven hope to see you there with me....hehehehe
HUAT arrr

Steven, yes rm200 if single tier. It's exciting because the price of mother is cheap at this point. Low gay Teck is the man.....tomorrow will be exciting, if nobody go for it, I will sapu just for dividen....

Thank you to sifu Saturn....I guess the only difference this time around is they throw in the 2cents dividend....among all the sifu in i3, we have one for short term, one for long term and one a visionaire.....

Yes, tomorrow I will be looking at both LA and mother. I will buy LA if mother move faster and convert.... 2 cents is definitely very exciting for the price and the ability to convert

Will not drop ady....