In this relatively weak market, talk of Rejection is pushing the price downward. Looks like the greedy vultures have already accumulated up to the 1.00 and now losing, while small fries like me bought low and sit back to collect the 1.10. Thanks to the Rejectors, my returns on this investment looks to be quite low while they all lose their pants trying to get a better deal. Well done.

Let us talk about the PN17 status and the extension, if granted by bursa. Assuming maa finds a new business. What price will they pay? What guarantees do we have that the business will give good dividend returns & when?
For sure, the cash is gone, to finance the purchase. And with it the opportunity for us to cash out with a known amount. I say again, we have an opportunity now to cash out with a good return. Take the money and run.
Whether a big portion of the cash goes to the offeror under the SCR or any future business acquisition (if SCR is rejected and if maa manages to acquire a new business), to me it would be the same, our opportunity to get a certain return is gone.

I’ve been folowwing this thread quietly in hopes of reading some good guidance. There has been lots of arguements written but no solid case put, especially against. There is always a disclaimer of sorts when examples are given like “MAA’s case is a bit different”, the quantum is different, etc. I tend to agree with momony and cash out. Dividends has been at around 6%. How long will that take to equal the premium offered? Its the “Bird in Hand” saying, I’d say.