Why no movement of the share price?

Compared to SCGM ,Litrak management is really shit! Purposely delay to distribute the fund because they are trying to get some candy from the fund

Still no payment date? what are they waiting for?

Why no news at all after expecting completed on 15/8

No announcement for sukuk? tomorrow?

Why so funny? Only Gamuda announced EGM,what about KPS and LITRAK? Don't
they bind together?

No announcement?

No u-turn to offer again for a lower price,main-main ke? Unless call off the deal,but I don't think so, can't find a good reason to call off the deal at this stage just because the interest..the rate hikes have been expected. Bank Negara announced rate hike in May but they still go ahead in Jun

Just advise those are interested to buy HSP better stay away at least 2 months after see how is the CPO only decide to invest or not.I bought at higher price ,so no choice just wait the miracle when the CPO price still can sustain when they mostly clear the position. Another bad news , parents also join to sell...no hope

If I am interested to buy plantation stocks..sure I won't choose HSP after analysis the way EPF dispose..when plantation stocks down..sure it down,but when they up,HSP will stay there or reverse

Epf still has around 4percent shares need to dispose..haiz,how to rebound? Luckily takes a month to clear..maybe at that Cpo left only 3k++

Problem again? Hard to invest, anytime can step on landmine

What a good day for me and all of you!

@Valueinvesting , you're right.The deadline to send in proxy form is today 10am.

To avoid tomorrow might not able to login due to too many shareholders rushing to login ..you can opt to send e-proxy vote FOR and put X or him/her failing the chairman of the meeting to ensure your vote will not miss. No matter you able to login..the vote has done.

The boardroom staff told me due to too many shareholders to register,the login ID only will send out later... I still not yet received the ID.Hopefully everything goes smoothly.

Send pre vote to for sure your vote is there no matter you able to attend the meeting or not.

Final countdown, if not free to attend or afraid might miss the meeting,just send e-proxy vote FOR and put X or falling him/her , the chairman of the meeting as proxy.Then no more worry will miss the vote. Remember every vote is very important.

@dompeilee,how did you see the 27/7 price sold down like hell? Same pattern, few days keep on dropping before down to 1.54. at that moment
a lot of retailers said the BOD must be rejected the offer , sure is insider trading. Anyway, nothing is for sure...

For me any political motives is totally nonsense.TSSM is one of the top bumi entrepreneur and philanthropist. Very good link to Umno,no matter who is PM, definitely will not interfere his business. This is not sell to foreign investors or local Chinese firm. Just fully back to his own hand.

Good analyze@uncleFollower. Can't vote due to deadline list,but can takes it as abstain..no harm, at least reduce for the against vote. Many retailers unable to vote or lazy to register especially use rakuten account..need 14days before 30/9 to submit the proxy form.i believe many retailers have missed it.

Ha ha like election,your vote is very important.dont miss it! Don't think sure pass, must action to register and vote FOR

Gain 20% vs loss 30% limit down.. don't forget the price keep lower supposed more favor to accept

Is weird to see the price keep on dropping.So far majority comments will vote FOR,even other analysts report also call to accept. Really can't understand,if fail,the price sure drop like hell..why not vote yes. Can't figure out the reason.

I think PNB no point to hurt investors if they not agreed for the deal sure they would turn down when asked for consent before the SCR was launched

It cannot rules out that operator use short selling to scare retailers to throw out thier shares.. is that the possibility? Only God knows

Of course everyone buys on own judge whether is worth to invest at this moment. Good luck !

My view is very high chance is the operator play games...same happened on 27/7 threw to 1.54,sold until no buyers will to come out.very scary,I was thinking finished already this time.The BOD must be objected the offer.Lucky finally nothing was happening.

I think if the fund manager throw the shares instead of go ahead to vote FOR ,they need give report or explanation to their units trust committee why need to throw early instead of wait for RM2..Unless they have a group chat who spread the insider news which I am not believing

10% needs for all uninterested shares to object , not registered to vote, means need around 148mil shares need to register to vote against. this is what I think only PNB can do it. I have checked top 30 shareholders except PNB++the rest all have reshuffle..mean most of the shareholders were bought from low side

If only 80% uninterested shareholders vote,means just PNB +EPF+ TABUNG HAJI will become almost 60% ,I don't believe the rest shareholders can't even get another 15% to vote for. If these few days shares traded were not recycle shares,means they all out almost 8%,I am sure many retailers do not vote, especially used the rakuten account caused they need 14days advance to finalize

I think is the operator goreng down the share then pick up at the lowest side to earn in between or short selling.if you have extra money think about to collect extra for very good return.so long you believe PNB will vote FOR

Value investing@ good analyze. Hopefully everything goes smoothly in EGM

Logically analyze PNB should be vote for,if not they no need to wait until EGM.they will reject the offer directly before launched the SCR

I don't understand why there is Mmc share related to CW? Issued CW should be nothing to do with holding any mother share right ? Issuer no need to hold a single share still can issue many Mmc CW

these scenario exactly same as happened in 27/7 before BOD accepted.press down to 1.54 then only rebound. This time should be totally different caused BOD and SC already approved.EGM just around the corner,no u turn. The only thing is insider news that the deal will fail from registrar's office or from PNB,but I hardly believe it.of cause anything can happen.

Good luck to who still hold and voted.

For my view is the CW issuer normally will do hedging for mother share to minimize the risk. Maybe direct involved some but should be not much. Look at MAA SCR failed case..it's share price hit over offer price almost a month before EGM .. investors who bought higher than offer price sure vote against to ask for higher price. Conclusion is when you see the price hit over the offer price for some times..the risk to fail is getting high.

I still believe the EGM will go through especially the current market,for investors who wish to vote against should throw before EGM, otherwise how can they able to maintain the price like currently if the deal failed.

Same party play the same games as last few times,keep on pressing down the price day by day to make it looks like something going to be happened. Actually now Mmc is no more liquid in the market,most of the investors already submitted the proxy form. Of course still can buy or sell but should be less.If really vote against by PNB then no way to run.. instead of speculate the news and the share price,why not just wait for the answer next Thursday?

Expecting completed in fourth quarter,good

BOD finally accepted

@500bilis, for 10% against should be base on total non interested parties shares no matter you have registered or vote. But for vote for,it needs minimum 75% for the registered and vote in the EGM. If not , what about if in the EGM come with results 85%vote for but 15%vote against,then which one is priority?someone can give more clear explanation?

So far no offer was rejected by the BOD for SCR. Fail in EGM is different story

I never thought BOD to accept the offer is a problem. What I always think the main battle field is in EGM.But today and extension led the share price downward looks so scary.

@sincerestock,of course I strongly believe SM must have talked to PNB to get consent before the SCR was launched. What I mean is in case or they really never talk to PNB or PNB suddenly asked for higher price.Of course those presumes look like rediculious..I still believe the delay is because of MCO for the documents

Even if PNB insists need higher price but SM does not agree..by right the BOD still need to go ahead for the EGM to let to the shareholders vote ..go for this step is not their problem if the deal can't vote through.

For those need to vote for just count the minimum 75% of the registered shareholders to vote for

It means if non interested parties total shares are 1.5b they need 150mil shares to vote against

Both sides need to register if need to vote but vote against needs total 10% of non interested parties compare to 75% registered vote for