70.0 sen? My cost also very low, but I am not going to sell if not RM1.00! Currently I already underwrite for 90.0 sen .... hahaha

wow ... mother share already RM4.70! The WE can be much higher than RM1.00..... at 1.00 it is only a premium of 7.5%, considering all the potential projects award and also it is a 5 years warrant, higher premium is possible, just take a 15%, it is RM1.35, very close to RM1.56 as what Affin Research reported. Cheers.

BTW, I sold all GOB shares on Monday at 64.5 after a write up in SinChew, good to have many many many fools around. A BIG thank you.

Haha.... all fools are around!

傳華商有意購買 萬拿第一黎明小學地段 有消息指萬拿第一（MAGNA，7617，主要板建築）獲得華商興趣，以轉手吉隆坡市中心毗鄰的黎明小學面積達1.06公頃地段。

　財經週刊《大馬焦點》引述報導報導，上述消息最早將在月底公布，而該公司早在今年初已表示有興趣脫售相關地段。

　據悉土地叫價4億令吉或每平方不少于3500令吉，分析師指市價為每平方尺3100令吉。以此價碼計算，高于萬拿第一約3億4945萬令吉市值。

Just only 3Q, EPS already 51.98 sen! PE of less than 2!? Where to find? Cheers.

trapped??? Because of listing of 12800 new shares ...HAhahahaha....

I think Berjaya is going to collect more and more shares before a corporate exercise is set to be announced, but not too long from now as the GO is over for more than 2 months and it is time for some actions.

Why so hurry to sell? Wait for September or later, Xiamen University Malaysia Campus is completing soon. The share price will only be going up towards then.

EGM today, to approve the Bonus issue of Warrant at 1 for 2, ex price only 90.0 sen, based on yesterday closing of 1.16, the warrant is worth more than 40.0 at a premium of 15%. Good to buy anything below 1.20.

Yes, force those ESOS shares to come out first! Not much though, so stay tuned.

But I think BJ has definitely done their homeworks when they came out to offer 80.0 sen. When the profits is doubled in, then the current PE is just historical, we need to look at the future, especially for share market, looking forward.

Robin: Glad to have you here to talk something positive, at least you see the deeper into the accounts rather than just the surface, I agree with your comment.

Final % 52.77 excluding ICULS.

by the way, 4.00pm is the cutoff time for CDS transfer.

speakup: you are very very right! It just cannot move this week, must get those employees accept the offer first, latest by tomorrow afternoon 4.00pm. Perhaps the show starts after 4.00 pm.

Of course. I am buying by swapping my other stocks.

GO ends tomorrow, those who exercised ESOS has no choice but to accept the offer @ 0.80. Let's wait for result tomorrow, may be BJ gets 55%. Good for the counter and company, then next week onward, we can expect fantastic show. Still with my new TP of RM1.60, double of offer price 80.0 sen, simply because profit is going to double!

eric1 : Here you are. Actually is in Headlines of this webpage, second articles.

Valuation
Accept offer as the offer price of RM0.80 is higher than the current share price. Nevertheless, we advocate long-term investors to continue holdings the shares, while awaiting catalysts to materialise over the mid-to-long term.

Having said that, should the company’s direction remain unchanged for the next 12-month and based on the current available data, we estimated that RIB could post a net profit of RM39.4m in FY16. Its EPS, however, would be diluted followed a series of ESOS and ICULS conversion. Assuming full conversion, its share base would balloon to 783.5m in FY16 from the current 521.4m in end-3Q15. Thus, assuming a 25%-30% discount (as a result of its smaller market cap) to the big cap telco average forward PER of 23.1x, RIB could be valued at RM0.81-RM0.86 based on FY16E EPS.

Buying now OR is just like paying 4.0 sen for warrant, cheap! This is a 10 years warrant, at mother share of 11.5 sen, taking 30 % premium, the warrant is easily 5.0 sen, so the OR worths 14.0 sen. Can still buy at 11.5 sen, another 15% up.

Yes, they can change their mind at least half a year later. But for now, for this GO, they can not change their mind already. Even then, half a year later, they cannot offer anything lower than 80.0 sen!

BJ can only put above 80.0 after GO over, ie 22nd May, if not they have to offer higher price.

Remember this : Creating shareholder value. How? Do some thinking!

BJ and JS will not sell to open market, simply put it, no buyer. They will create value to the company before selling it en bloc to third party, most of the time to fund managers! By then, probably a price of my TP RM1.50... haha, I can laugh to bank then.

Let's me explain why people sell at 79.5. Simply because there are buyers at 79.5 sen, for those who exercise ESOS, 0.5 sen is not big deal, and by selling to market, they will get the money on T3, if you accept the offer, it takes 10 days to receive your cheque.

pang72: you have better dream than me, a TP of RM2.00. Well, for me, initial TP1.00, but after reading Kenanga's report, which says their FY16 earning is expected to touch RM40.00mil, which is double, this is a significant jump, surely BJ and VT anticipated about this, that's why they make REDTone as a subsidiary by holding more than 52% now, and still hungry for more shares. I set my new TP RM1.50, of course if they turn it to be another DIGI, it is even more wonderful. Cheers.

Those who exercised the ESOS, accept the GO lah, don't just Q at 80.5 & 81.0 trying to get that little extra, you have earn enough. Don't block the price from going up!

I am just dreaming, okay .... hahaha. But who knows?

Like somebody mentioned before, this counter can be easily cornered after GO, so hold on .... my dream TP, double up from the offer price by year end.

Now REDTone is a subsidiary of BJCORP, the bottom line of REDTone will be reflected in Berjaya's book, so next will be corporate actions that will be creating value and increase the profits of REDTone, or M&A (like merger with U-Mobile) that has to be positive in nature, can expect the share price to move higher & higher.

Not 50.0%, but more than 52%, good! By 22 May, 55%. Less share in market, easier to push higher and higher after that. More corporate news will be announced by then.......Cheers for those who hold the shares for long term.

Very unlikely that BJ will increase the offer price because they are almost or probably already achieve the target of 50%. But in the market they will people waiting to play up the price once this target is hit.

I suspect the buyer in market is Berjaya itself, easily around 1.0M shares. If that the case, very soon announcement will be made that the GO is unconditional. Bull is charging for this counter. Cheers.

If you read the press release carefully, Berjaya has actually obtained 49.77%, just short by 0.23%! But if take the 40.85M ICULS that owned by Berjaya yet to be converted, they have more than 50.0% already, so it is unconditional by right by now. Then why? My simply logic is : they still want more and more share, that's why extended the closing date.

GO: The closing date and time for the acceptance of the Offer has been extended from 5.00 p.m. (Malaysian time) on 8 May 2015 to 5.00 p.m. (Malaysian time) on 22 May 2015 (“Extended Closing Date”.

Don't ask why, just buy it!

Interesting Rights Issue.....1 rights comes with 2.5 Warrant @ 10.0 sen only

Getting closer now..... Berjaya and VT control more than 40% already, I think more to come in these few days. Watch out for more announcement.

I am very sure now that they will get more than 51%, looking at the way the price being pushed down and force investors to accept the offers. I am hoping that the announcement can come very very soon.

How to compare PERWAJA with MASTEEL???

Why worry about EPF selling? They buy and sell their investment everyday.... today buy tomorrow sell, sometime buy and sell on the same day. It has become their business lah....

setia2u: I believe that there will be some shareholders accept the offer. Now I am waiting for Berjaya to achieve their target of more than 50%, then my TP of RM1.00 is reachable in near future.

Jangan main-main.... OR .... Don't play play! Already advised before ... don't play contra with this counter.

Someone is going to put up a good show! Looking at BUY & SELL queues.

imoogi99: Volume is not going to be big as free float is getting less and less. Furthermore, a lot of investors are not going to sell at this price, like myself, I am waiting for RM1.00 at least. When supply is less than demand, what will happen? The price will keep going UP and UP. Cheers.

Come on guys. suz99: that's an OLD news! Furthermore, do you think the management will just admit that the rumour is true and say we are working on it ....no way! Probably until the whole thing is confirmed and T&C are concluded.

Haha .... what a joke from the analyst!

Someone just reminded me again..... Don't forget my initial TP of RM1.00. This reminds me what a lousy move that I made before. sold my shares 2 weeks ago (just before DYMM increased his holding ) and then bought at higher price, what a lousy move then! Hopefully this time around I will achieve the TP real soon.

Imsen: You are right! VT is telling you that 80.0 sen is the very strong support for the near future but upside could be skyrocket! Cheers.

cipapo: If on MOnday, the price falls below 80.0 sen, and people sell to him, then they will happily collecting, i.e. the sellers fall to their trick! Haha ...at least it has another 50% upside in the near future. No kidding!