Someone should tell Tabung Haji or Yayasan Pinang to lodge a complain and investigate the placement

Better still, Datuk Khor is buying himself yesterday 48k at RM2.181....I love this China man

The Hunza guys are losing their credibility big time here

I think all Minority Shareholders should rise up to protest : (1) Company just did a 10% placement at very "low" price of RM1.80 (heavy dilution to MI), (2) Now they declare a distribution of Special Dividend which all the placees also get to share....insider is taking advantage of this news big time, that explains why big buying on mother shares but no interest in warrants

0.80...lain kalilah

people who play warrants need to be very veryu careful, not sure if they entitle to rights if dont exercise

0.80 1.46m seller !!

will the stock closed 0.80+ in 1 hr ??

big volume on mother shares continue but no liquidity on warrants, why ??

RM1.00, 33% upside from 0.75, with the current risk environement and stock already up 150%, worth the risks ?

Hunza strong buyer around RM2.20 since the Raya break, must be the placees, so placement at RM1.80, buy up to RM2.20, with no news and strong volume....what does it mean, they will be an eventual push up to RM3.00 to facilitate distribution ??

tanszenee, so u and halim good friend ??

Impartiality, where r you ? Would you be able to shed more light on the placees ??

no..most small cap property stocks trade at big discount to their NAV, at RM2.20, we are talking abt 50% discount, there should be room to narrow this

I did a rough calculation, based on (1) Alliance Research 5/13 note abt potential value of GPM (2) new issued shares (3) cash from placement (4) NAV @ 31/3/13, if they were to revalue the full amt, NAV/share = RM4.45 ??

Shares illiquid so hard to tell...may be big revaluation gain comes Q4 results ?

Normally Q4 comes out around 23/8

The stock right from fixing the placement price to spontaneous large volume transactions sporadically (where it looks like only 1 buyer & 1 seller) does look quite heavily controlled

That's interesting. The question now is whether these are powerful individuals who can promote the stocks

who is buying HPB at large volume today ???

Impartiality, what abt Alila 2, any idea when they are going to launch ? It seems there are some regiulatory issues with the State Govt

This stock is highly highly illiquid, for some guys to commit to 10% of the capital at RM1.80, either they are idiots like me or they know something we don't, time will tell....anyway the press has been talking about a whole bunch of new projects in Penang and KL to be launched soon, lets see

Announcement today : Placement of 18.1m shares done at RM1.80....look out for fireworks soon ???

That's gross rental income, Alliance Research forecast Net Annual Earnings from GPM to be circa RM29m

whatever it is, until the placement is done, this stock looks like only have 1 buyer

The private placement doesn't seem to be done yet. It is weird that they fix the price at RM1.80 last Friday when they haven't found the investors. To maximise value for the Company (and hence shareholders), if they fix the price now, they will get at least RM0.20 more per share for the Company