SS Lee

"I have my sympathy too with major shareholder Dato’ Sri Thong that his holding together with PAC is very close to 33% the threshold for MGO thus any buying or even share buy-back will trigger this threshold"

Please do not have sympathy for them as they do not and will not sympathise you. You can press on them to invoke Rule 4.15 of the Takeover code in relation to the share buy back scheme but I doubt there will be any positive outcome from this. DST and his PAC are very well versed with corporate actions. If they are sincere, they would have done it. They will just give the usual blah blah blah.....

There are companies that did it before. Link as below.

http://disclosure.bursamalaysia.com/FileAccess/viewHtml?e=251924

Keep up the good work though!!!

http://klse.i3investor.com/blogs/UOBKayHian/58771.jsp

just be patient.... singapore uob kay hian issued report.... lets see....

private placement outside trading period.... if sell within trading period will affect the share price tremendously

homework is right...but not updated..why not look at the 2013 annual report? Dont just look at the numbers...different industries has different benchmark....

BNM is revising their dividend guideline for the finance industry and they ask them to just hold on. They are loaded with cash after the sale of balik pulau land. If the sale of insurance arm goes through, they will be having reserves of about 600mil -1 billion cash. They are transforming into property players. They have lots of valuable land banks in and around the city and they do not want to just sell the land banks. They want to have a share of the sales revenue from developing it (hence the JVs) as it could worth easily 2 folds or more. As you can see, they have solid plans in the pipeline and not just pump and dump kind of company. With Tan Sri Surin and KLK bosses holding big chunks, I'm quite sure they want maximum value for it.

as previous post, 2nd quarter result will be great due to balik pulau land sale revenue recognition. it is just a matter of time dividend will be given. maybe the land sale revenue will be distributed as dividend as well. Their long term plan is to become a developer/property megahouse. They are also in talk with pavillion Desmond Lim for redevelopment of Flamingo ampang property as stated in the edge. Very steady growth under good management. If land sale not distributed, cash balance will be close to 1 billion after sales of insurance arm.

http://klse.i3investor.com/blogs/PublicInvest/56371.jsp

we human kind are a funny species...when kasi dump we curse him...when he don't dump...we beg him to dump..haha

public bank

SHL Consolidated (SHL), a well-known master developer of Bdr. Sg. Long, has
been sitting on low cost landbank in suburb areas with good accessibility and
huge potential development value. Underpinned by the limited and expensive
developments in and around the Klang Valley, we see stronger demand shifting
towards suburbs, which bodes well for the company. Based on our valuation, we
opine the company could be worth at least RM1.0bn or RM4.26 per share.

if ur land worth 10 million someone buying it for 20...what would u do?

its on the main page of the edge weekly issue....

@Wongkok- they cant put put much detail as it is ongoing court case. Wont lose anything because they are trying to get back things robbed from them
KKteng- they are going into developing/ property.. Huge valuable land bank around.

They are selling Ampang Land + Hotel (BV at 73 mil) to Desmond Lim of Pavillion for 500 mil.. (The edge today) .. They will have cash in excess of 1 Bil.. from sale of insurance, barat daya and flamingo... something big is brewing.... Pretty sure handsome dividend is coming for ST...

@Wongkok - nope. but understandably they are at the last phase... plus they wanna get rid of it asap. with the regulation around finance companies, lots of regulations to abide by and will hinder their expansion as property player.. eg : delayed of proposed dividend..

http://klse.i3investor.com/blogs/koonyewyinblog/54580.jsp....
good stable growth company... why worry? plus dividend slowly increasing.. LED business getting bigger. Every one is changing to LED lights including highway lights. Plus not that many shares floating... very easy to climb everest.....

should follow big fish. If the brothers are greedy... you think they will leave the share price stagnant meh....plus now they have to answer to tabung haji...

Long term even bigger value. Land in bukit bintang(together with club de vegas land) humongous value. Coupled with land bank in johor, rawang, gombak and penang.......

Attended AGM. Changing into developer from insurance business. Second quarter profit will be really good due to recognition of land sale in barat daya. Selling of insurance business will be completed soon. Dividend cancellation due to waiting for BNM new guideline coming out in July. With the investment income from barat daya, one off huge dividend payout looks very possible. ST lots of value.