Posted by Stephenlee > 2011-09-23 00:35 | Report Abuse

What is good and benefictory to investors may not reap in the near future if the world recession fall on you. Be patience for a few months and watch and see. Do not be too tempting as we are on the downwards trend. Good luck.

Posted by AREBEAR > 2011-09-23 08:00 | Report Abuse

if KLCI keep on dropping and recession is confirm, there is no one can stop from them to withdraw or revise the merger offer price... which director is stupid enough to offer that much of generousity.

Posted by wkimchuan > 2011-09-23 22:58 | Report Abuse

How could they simply revise the offer price. If market move up instead of going down, are they allow to revise UP the offer price?

Posted by Tan Chin Kok > 2011-09-24 02:11 | Report Abuse

Share price dropped, but the fundamental of both kencana & sapcres are strong~ Dont judge a stock based on share price itself, in stead, based on its fundamental. So, i dont think offer price will be adjusted. RM3 and RM4.60 are reasonable...

Posted by Tan Chin Kok > 2011-09-24 02:13 | Report Abuse

Possibility of takeover price being adjust UP, not DOWN, if:
--> Kencana or Sapcres been awarded new projects within this period.

Posted by mikenkh > 2011-09-26 10:20 | Report Abuse

CK you are entitled to your views. Best of luck. However it is prudent to note that in the past mergers and takeovers did get aborted during downturns. Your assumptions of their respective prices are good for fair weather, but we are sailing through rough waters with strong headwinds. It is not unthinkable to ditch a leaky boat.

Posted by mancon > 2011-09-26 12:43 | Report Abuse

Dont believe these politically linked counters ! They are just manipulated for them to dump the shares !

Posted by suhayryz > 2011-09-26 21:19 | Report Abuse

ermm.. maybe.. "when buy means sell"