Will it be more effective if we use bro CCH SMK72's balls??

Newdesk to make the wrecking ball effective, you must also dress like Miley Cyrus......wink wink.....:))

You are correct newdesk......must also ask spidee to ride the other wrecking ball........hahaha.

Is my sister spidee busy with her other darlings??

Ya, newdesk must ride the wrecking ball to knock down the road block.......Do it newdesk!!

Hi newdesk,
I have already surrendered my duty to my sifu 119 and bro CCH, that's why I'm so quiet.......hehe.

Circles-22,
How have the bananas in your plantation been growing.......are they pointing upward or downward.......or are they like our darling KSL sometimes upward and sometimes downwards??

Ya, our darling is doing well today (with so many red), Where is the rest of the committee members??
Our chairman is so lonely la.....:))

Good afternoon spidee & everybody,
Just came back from brunch, seems the lauk juakness of the forum has bring back the liveliness of our darling.
I agree with bro CCH that our darling is performing according to our prediction........good times are ahead......cheers.........

Gdmorning.....wow with the return of our hamsap chairman, our darling has also make a comeback........hahaha.

Good afternoon everybody,
Welcome back bro CCH, tot you met some pai kut cheng, got charmed and lost your way.......hahaha.
Now that our Chairman is back and with 3Q report out soon, I think it's time for our Darling to move forward after the needed consolidation......cheers.....:))

Sifu 119, I think trading is only confined to a few big players.
The direction of the price will be determined by these players.
Of course they will take into consideration of 3Q result and market sentiment.
Happy Trading. :))

Right hand to left hand at 4.55........haha.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1796941

Sifu 119, thanks for all the informative postings, keep up the good work. We shall all wait for our Darling to reach its fair value when the market sentiment gets better.
Happy Trading to everyone. :))

Good Morning everyone.
Thanks benjamin2013, Keep up the good work!!

Good morning everyone, our darling's performance was affected by the cautious market sentiment during the last few days. However the selling was not heavy and it was well supported at 4.49/4.50 level.
Today, buying support seems to have returned.......
Happy bargain hunting.....:))

Thanks for the article, Benjamin.
Keep up the good work.

Bro CCH, agree with you.
I think it is consolidating it recent gains......
When the profit taking is done, with 3Q report and bonus issue......hope to see it will break 5...:))

Bro CCH......Thanks for AI PIAH CHIA AYE NYEAH........hahaha.
So meaningful........

Sifu 119 is spot on the closing.....4.65!!

newdesk, Thanks for your hug hug and kiss kiss....I feel so warm.....:))

Sifu 119....Thanks.

The rebound from its recent correction has been more orderly than the previous wave, meaning less speculative buying this round.
So, I think it will be less volatile going forward.
Q3 result should be another catalyst if we can recall what Mr. said in August......ie they have already achieved 75% of their 1B target.
So.....BUY on weakness....:))

Hahaha :))

Bro F22, jump in......fast :))

Good afternoon everyone, I heard my sifu 119 calling me while I was having my brunch...........
Sifu asked everyone to get on board........
Before foreign fund starts to buy..........

KUALA LUMPUR: Foreign funds started flowing back into the Malaysian stock market in the week ended Oct 31, in line with the key Asian markets, according to MIDF Equities Research.

It said on Monday foreign investors bought net RM460mil of Malaysian equities in the week ended Oct 31, the fifth highest in a week this year. This was a turnaround from the net selling of RM351mil the week ended Oct 24.

I suspect Fund is doing the buying today.
Why? Bcos son is trailing......

Hahaha....thanks sifu 119.

@newdesk, spidee MIA, myself no mood la.....:))

NIKKEI up 5%........

Sifu 119, now that 4.35 is broken, What's the next resistance??

My sifu is an expert on this.:))

Momentum stock like MYEG and Pmetal all rebounded so strongly from recent correction, it is time for KSL to do the same.

Wow.....China up more than 2%.....Hang Seng up 400 points 1.7%....

Fully agreed with Newdesk and Bro CCH.
Keep up the good humor.......I give you both 100 likes.....:))

Why only 52% of the profit??

If they do it with a GO with a revised offer, they can easily get 80-85% of the shares. Minority group has said they are willing to accept a 4.50 offer.

With a GO, they can set their own term/level of acceptance.
The difficult part is the delisting, where they still need 90% of the shares they dun own. They can follow the path like Bernas.

I have just heard from a friend who works in financial services that PKN might team up with SD to buy PKN's 52% stake and will also extend the offer to the minority at about 4.50-4.80.
This will be a win win for both, as SD will have access to their land bank while they also need SD financial resource. That may explain why SD helped them to withdraw from SCR, cos if they proceed and got rejected, they may not be allowed to come out with a new offer in less than 6 mths.
No wonder the buy rate was quite high today. And I think my friend might have also oredi bot some, if not he would not have reveal this.....hahaha.
But be reminded that this is just a RUMOR, I dun know how reliable is his source.:)) I will not be doing anything, but just watch. :))

Seems like our darling is warming up for the next wave.....
For those still waiting at the sideline, it's time to get on board..:))

Bro CCH, where is your hamsap team members?? hahaha.

SS661M, What is the downside if no takeover? maybe another 20-30 sen.
How much will you gain if they revised the price to say 4.50?
Just weight the risk reward ratio.:))

Good afternoon everyone,
@Boo Kau Teik, welcome to KSL family. We are all like brothers and sisters, and also we have ah pek and auntie in this big family...hahaha. Hope you will make good profit from our Darling-KSL.:))

If they replace it with a GO, then they can set their own term/level of acceptance. Of course they still need 90% of the share they dun own to forcibly delist, but 75% will be enough to get it suspended.
By then it is only between them and SD.
And I think if they withdraw from SCR, they can replace with GO.
If it is rejected, they need 6 mths to come out with new offer.
Correct me if I'm wrong.

skng74, the funny part is why would SD inform them by writing?

Good morning skng74, hope these buyers know something that we don't.......hahaha.

It is learnt that the contention point is that the offer of RM3.90 is way below the asset value of Perak Corp, which owns a large landbank in Perak that has not been revalued for years, and port assets.

@skng74. In an article published by the edge 2 wks ago, Minority Group said they are willing to accept 4.50 and Sime Darby was negotiating for a better price.
Think SD was asking for a very high price, if it's 4.50, it should be acceptable to PKNP.
If their assets are so undervalued, then can consider holding for long term.......If they really needs the asset, they will come out with a better offer.

@skng74. It's a bad news for the short term. But the stock has missed out on the current rally of undervalued property stocks bcos of impending SCR and moreover a lot of shares have changed hands at current level for the last 10 mths, so I hope the negative reaction will not be too bad.
I think they will still negotiate with Sime Darby.

If the offer is rejected in an EGM, they will need another 6 mths b4 they can come out with a new offer.
If they withdraw, may be they can use other method, like a GO.
At the end, it is the offer price that matters.
Short term it may be negative to the price, but for long term it should be higher.
Sime Darby is in for the long term.

Chief: CCH
Deputy: Newdesk
Sec: Spidee
Strategist: Raptor
Marketing: C22
Treasurer: STKoay

Europe opened down 1%, but now is up about 1%.