Lion Industries already own close to 75% of Lion Posim, if SCR proposed on RM1 on the remaining 25% will cost less than RM60 million.

Latest QR shows that cash/FD balances jumped to RM243,000,000. Number of shares 231 million. Privatisation candidate?

QR out, impressive results.

QR out, turns out good.

Leno, why you bought at 93 sen today and not at 85.5 sen like I did last week?

Many people many times have said it could potentially be a Takaful Bhd. but alas it failed to deliver good dividends.

Parkson Retail Group Limited

Yes, someone been pressing down in order to collect cheaply.

I am not in a hurry to sell. Hoping for a good set of results with good dividend. Happy Chinese New Year to you too.

Satu ringgit coming.

The best?

If warrant 60 sen, Insas could be around RM1.50. Cantek.

For warrants to list at high price, Insas share price has to climb up first.

Today used my PR proceeds to scoop up Insas at 85.5 sen in the morning.

@Leno, hng33 already sold off cum-rights at 98.5 sen.

Two PR can buy one Insas. Last day to sell PR.

There's a longshot possibility that Boustead might sell off its 20%+ interest in Affin. Doesn't make sense for Boustead to hold this stake. But who might buy?

LTAT didn't have the guts to take Boustead private. Imagine our Generals all no guts if a war breaks out.

Yes, holding but not adding. Will wait for coming QR results this month.

I already sold off my PR and might use the proceeds to buy Insas if it falls further.

Mr Sslee, you going to sell your PR or subscribe?

I am staying away from Boustead. Let the price stabilise first. There are other counters to buy.

Go, go, go KPS.

@Johnzhang, good entry price.

Sold off my PR at 54 sen, not subscribing.

Bad news, privatisation called off.

Only way to unlock insas' true value is to make a hostile takeover attempt.

This is why I told Leno cannot put everything into Insas, have to diversify for risk management purpose.

If Insas price falls below 80 sen I will buy Insas and not the PR.

In my young days I was attached to Securities Commission (SC) enforcement department.

I already doing some good deeds, I gave away brand new backpacks to homeless people who sleeps in the streets.

Haha, Johnzhang. Letter has been signed and sealed. Will be on its way to Boustead registered office. Announcement might be made during lunchtime, depends on the receiving person at Boustead's end.

The SCR is initiated by LTAT addressed to Boustead lah. Boustead cannot initiate a SCR on its own lah.

If Insas stays below 90 sen PR might trade at 0.005/0.01.

Hahahaha, you bought at 99.5 sen.

Hey virgin, your PR cost could only be 50 sen if you had bought Insas at 99.5 sen. Hahaha, so you bought Insas at 99.5 sen.

LTAT has instructed for the final print of the proposed privatisation letter to be typed now.

Tomorrow PR not traded yet.

Dow Jones didn't have to fall for Insas to drop below 90 sen.

And the virgin says PR could be RM0.50?

OMG! Insas is below 90 sen!

From Saturday until Monday LTAT and Boustead offices closed, the proposed privatisation letter will be delivered to Boustead registered office tomorrow.

Last week bought some MNRB at 89 sen. I feel there's not much downside at this level and there's vast upside potential. Imagine if PNB decides to take this laggard private. As a contrarian I am always collecting highly undervalued laggards. I believe that every laggard will have its day.

Johnzhang, I think I have commented in MNRB forum from time to time. I have made a few thousand from MNRB several months ago when I sold off all and recently I have bought back mostly below 90 sen. I don't follow technical analysis at all. As for MPHCap I haven't done any research on it.

PR at half sen no need to mortgage underwear. I have RM400,000 cash standby to buy.

CharlesT sounds like a virgin, hahahaha.

KPS is the latest addition to my portfolio.

Enilec Mak, I think it's between 95 sen to RM1.

Mr Sslee, it wouldn't be so soon, maybe in two years time. We can put Bplant on our watchlist and enter at the appropriate price.

Maybank will be appointed to advise and represent LTAT while Affin will be appointed to advise and represent Boustead.