Moving up with big volume......

Perdana Petroleum (BUY )
Take a breath and ready for FY16.
 Entered into MOA to dispose one unit of accommodation work barge (Petra Superior) to Hauston for a total consideration of US$28.5m or RM93.5m.
 We expect no impact to FY14 as the existing contract will expired in Nov 14 and contributes about RM6m or ~5% on FY15’s PAT. However, the proceeds raise will be used to fund new acquisition of assets which will help to mitigate the impact.
 We are positive on the disposal as it will be part of the fleet renewal plan to upgrade existing vessel to higher specification coupled with favourable selling price with RM1m gain
 We also understand that by selling Petra Superior, it will save about US$2m on drydocking expenses which was supposed to take place by end of year after existing contract expire in Nov.
 We maintained our BUY call with unchanged TP of RM1.87 pegged at an unchanged 12x FY15 EPS of 15.5 sen/share.
Earnings Evaluation (report)
Report from Hong Leong Research yesterday.

Quarter results out soon. Waiting to shoot up any time.
1.74 now, up 4 cents.

moving up 3rd day already..up 0.015 today...

What is the effect of this take-over offer on Drb? Can anyone share yr thoughts?

1619 DRBHCOM DRB-HICOM BHD
TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)

DRB-HICOM BERHAD (¿DRB-HICOM¿)
UNCONDITIONAL TAKE-OVER OFFER BY KL AIRPORT SERVICES SDN BHD (¿KLAS¿),
EFFECTIVELY A WHOLLY-OWNED SUBSIDIARY OF DRB-HICOM, THROUGH MAYBANK INVESTMENT
BANK BERHAD (¿MAYBANK IB¿) TO ACQUIRE ALL THE REMAINING VOTING SHARES OF
KONSORTIUM LOGISTIK BERHAD (¿KLB¿) NOT ALREADY HELD BY KLAS AND PERSONS ACTING
IN CONCERT WITH IT (¿OFFER SHARES¿) FOR A CASH OFFER PRICE OF RM1.55 PER OFFER
SHARE (¿OFFER¿)
You are advised to read the full announcement at http://www.bursamalaysia.com.

Touching 1.93 , Will it go up higher?

HLG recommends BUY, target price 0.68

New tp by HLG is 88 sen

1.02 now.yesterday high volume. Hope today it will move up to 1.05

TQ for everyone's opinion or advises.

Is it safe to collect now? or wait after GE? Need advice'

downwards trend. Buy?

Continuously 5 days going up already! No chance to go in at all.

Going up now!!!1

feez83: Where did u get the info? I was thinking of letting go already since it keeps dropping since i bought few months ago.

pls be calm. It is normal for a little pullback before rising again. Hopefully tmr if market is going up.

Maybe Monday!

no dividend too....

very low volume. Better think twice before buying...

1.03 now.. Moving up fast.

HONG KONG: A major shareholder in Guoco Group, a Hong Kong investment company controlled by Malaysian tycoon Quek Leng Chan, has made an offer to take the company private for HK$8.25 billion ($1.1 billion), Guoco Group said in a statement on Wednesday.
Star Business news

Is this Guoco and Guocoland the same company?

Ada orang goreng ke? Harga tiba-tiba naik aje. mulai 11.14 am.
Terus naik esok, boleh tak?

RHB Research Institute is maintaining its Outperform on SapuraKencana Petroleum with fair value unchanged at RM3.59.

above announcement given by RHB on 20th Nov

What is next for KFCH shareholders? KFCH will now make an applicatin to the High Court for its proposed capital repayment. After getting the High Court approval for capital repayment, it will make the capital repayment of RM4.00/share to its shareholders. According to the company’s given timeline, the High Court approval is expected in early to mid-Dec 2012 and the capital repayment will be made by end-Dec 2012. Subsquently, KFCH will be delisted from Bursa Malaysia in Jan 2013.

Risks. Investment risks include: 1) failure or delay of privatisation proposal or capital repayment; 2) outbreak of bird flu adversely affecting demand; and 3) increase in corn and soybean prices,

3.96 today.

When is Kfc going to be privatised? End of the year already, wait until neck also become longer.

5.87 now. Really huat lo if keep on increasing.

uptrend mode today

ya , suddenly jumps 11 sen to 5.82 now.