an ideal.. minority shareholders can consider take over the company with offer them RM6 per share. equal to RM4.20 per share after reducted from cash on hand. Thereafter appoint JP Morgan or any 3rd party sell the assets. If the current value is RM12 and we able to sell it at RM9, we are gaining RM3 per share x19 = RM57. Multiple 19 is because of take over the less of 95% shares not belong minority shareholders. Fund might be able accumulate from Bank loan. 50% bank loan on assets, bank might happy to deal on it.
Stock: [PRKCORP]: PERAK CORPORATION BHD
2014-01-16 08:58 | Report Abuse
an ideal.. minority shareholders can consider take over the company with offer them RM6 per share. equal to RM4.20 per share after reducted from cash on hand. Thereafter appoint JP Morgan or any 3rd party sell the assets. If the current value is RM12 and we able to sell it at RM9, we are gaining RM3 per share x19 = RM57. Multiple 19 is because of take over the less of 95% shares not belong minority shareholders. Fund might be able accumulate from Bank loan. 50% bank loan on assets, bank might happy to deal on it.