WILLOWGLEN MSC BHD

KLSE (MYR): WILLOW (0008)

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Last Price

0.29

Today's Change

+0.005 (1.75%)

Day's Change

0.285 - 0.29

Trading Volume

44,600


13 people like this.

2,117 comment(s). Last comment by cashflowman 6 days ago

Posted by kkeong97 > 2017-09-12 23:35 | Report Abuse

anyone know why this big shareholder can buy in 80sen with market price is 1.39?

Aries

659 posts

Posted by Aries > 2017-09-12 23:38 | Report Abuse

I wonder why this day light robbery is allowed in BURSA?

popo92

578 posts

Posted by popo92 > 2017-09-13 00:28 | Report Abuse

another osk case

gomoman

19 posts

Posted by gomoman > 2017-09-13 08:15 | Report Abuse

Floor price today .975. Wait here if to punt

dalpinia

2,299 posts

Posted by dalpinia > 2017-09-13 08:22 | Report Abuse

Same strategy like OSK and PJD, so in conclusion pls don't buy any OSK related counters

Posted by isupertrader > 2017-09-13 08:53 | Report Abuse

It's already stated the the price offered to specific shareholders are 40.3% discount. Nothing was said about the value of the share itself

cooling

1,676 posts

Posted by cooling > 2017-09-13 08:56 | Report Abuse

NTA ONLY 0.58 cents.....give u 0.80 cents alot lor

cooling

1,676 posts

Posted by cooling > 2017-09-13 08:57 | Report Abuse

by right if follow nta...director only offer shareholder 0.58 only...that's why recently goreng up to trap ikan bills to take 0.80

lkoky

539 posts

Posted by lkoky > 2017-09-13 09:00 | Report Abuse

"""Offerer intends to maintain listing status, not same scenario as Pjd and oskprop. No worry!"""

Thats what the cunning fox said during 1st and 2nd MGO to PJDev minority shareholder, in the end... also delisted after >2y of sufferring.

Posted by isupertrader > 2017-09-13 09:01 | Report Abuse

Anyway if price is pressed down, that's only more good news for me to collect.

dalpinia

2,299 posts

Posted by dalpinia > 2017-09-13 09:01 | Report Abuse

agreed

BillyK

570 posts

Posted by BillyK > 2017-09-13 09:03 | Report Abuse

goring counter?
why not sell at market price instead of 80 cts? market cant absorb the volume?

ltw1123

629 posts

Posted by ltw1123 > 2017-09-13 09:04 | Report Abuse

I don't really understand why such scenario can happen.

7skies

375 posts

Posted by 7skies > 2017-09-13 09:09 | Report Abuse

1.30 now. Buy!

Posted by Edwardong53 > 2017-09-13 09:09 | Report Abuse

The Saying does as ; BIG FISH EATS SMALL FISHES ..... that is how capitalism works

ltw1123

629 posts

Posted by ltw1123 > 2017-09-13 09:11 | Report Abuse

Just curious, is it possible for the price to drop to 80 cent?

Posted by isupertrader > 2017-09-13 09:16 | Report Abuse

Nothing la. Just one buying with request for a discount and the seller thinking should sell or not. Nothing to do with the market value as itself.

Aries

659 posts

Posted by Aries > 2017-09-13 09:21 | Report Abuse

As long as the minority like us don't sell cheap to the 55% of them, it can't go to 80 cents. Unless the 55% want to sell cheap then we collect lor, then their share holding will be less than 55%. Back to square one.

sell

2,456 posts

Posted by sell > 2017-09-13 09:24 | Report Abuse

Pity those buying because of KC Chong promotion. Most of his stocks in bubble. Willow only worth 80 sen not more.

goodstk88

31 posts

Posted by goodstk88 > 2017-09-13 09:25 | Report Abuse

Yes, can only delist the cntr if majority shareholder owns 90% or more of the shares

goodstk88

31 posts

Posted by goodstk88 > 2017-09-13 09:27 | Report Abuse

normally, u wil wnat to delist if the NTA is much more value than share price, in this case NTa only rm 0.58, no gain for owner to delist, better keep listed, no worries

goodstk88

31 posts

Posted by goodstk88 > 2017-09-13 09:28 | Report Abuse

after offer period lapse, expect price to move up again

goodstk88

31 posts

Posted by goodstk88 > 2017-09-13 09:30 | Report Abuse

during offer period, 55% cannot sell or buy the shares, if not wrong

rlch

4,142 posts

Posted by rlch > 2017-09-13 09:31 | Report Abuse

NTA 58 sen still offer 22 sen more.

kcchongnz

6,684 posts

Posted by kcchongnz > 2017-09-13 09:32 | Report Abuse

Posted by sell > Sep 13, 2017 09:24 AM | Report Abuse
Pity those buying because of KC Chong promotion. Most of his stocks in bubble. Willow only worth 80 sen not more.


Interesting statement. But let us see the truth.

When I share my view that Willow was a good investment exactly 4 years ago, it was trading at 53 sen as shown in this link

http://klse.i3investor.com/blogs/stock_pick_challenge_2013_2h/35487.jsp

It is now RM1.30.

I have shared hundreds of stocks. How many other stocks in "bubble"? What is the percentage?

For ease of reference, here are the links of most stocks I have shared.

http://klse.i3investor.com/blogs/kcchongnz/131801.jsp
http://klse.i3investor.com/blogs/kcchongnz/131584.jsp
http://klse.i3investor.com/blogs/kcchongnz/127935.jsp http://klse.i3investor.com/blogs/kcchongnz/128386.jsp
http://klse.i3investor.com/blogs/kcchongnz/127825.jsp
http://klse.i3investor.com/blogs/kcchongnz/127559.jsp
http://klse.i3investor.com/blogs/kcchongnz/127444.jsp

We love to hear from you.

rlch

4,142 posts

Posted by rlch > 2017-09-13 09:36 | Report Abuse

In real life who pay more lose more why in i3 different?

rlch

4,142 posts

Posted by rlch > 2017-09-13 09:46 | Report Abuse

Your post is right. Willow worth 80 sen not more. Should sell now.

BillyK goring counter?
why not sell at market price instead of 80 cts? market cant absorb the volume?
13/09/2017 09:03

goodstk88

31 posts

Posted by goodstk88 > 2017-09-13 09:51 | Report Abuse

geshen, aug. 10, 2015 MGO rm0.81, closing price was rm 0.925, see the price action
https://klse.i3investor.com/servlets/stk/chart/7197.jsp

Aries

659 posts

Posted by Aries > 2017-09-13 09:59 | Report Abuse

goodstk88 and KC , thanks for your valuable info.

goodstk88

31 posts

Posted by goodstk88 > 2017-09-13 10:01 | Report Abuse

do u buy for NTA value or future growth/earning prospects ? if worht only 80 sen, y major shareholder bother to buy ?

chandra54

115 posts

Posted by chandra54 > 2017-09-13 10:05 | Report Abuse

pi mampus la counter ini..... jual kat china lagi bagus!

notebook

427 posts

Posted by notebook > 2017-09-13 10:07 | Report Abuse

management and osk boss wanna kuan you all small fish shareholder

BN_menang

2,982 posts

Posted by BN_menang > 2017-09-13 10:11 | Report Abuse

Buy at 80 sen not 1.29 you know how to read?

y major shareholder bother to buy ?

goodstk88

31 posts

Posted by goodstk88 > 2017-09-13 10:14 | Report Abuse

if worth rm1.80, u expect big boss to offer rm1.8 also ? how he beome bigger boss then ?

rlch

4,142 posts

Posted by rlch > 2017-09-13 10:21 | Report Abuse

He offer 80 sen not more that's why he is boss.

rlch

4,142 posts

Posted by rlch > 2017-09-13 10:28 | Report Abuse

You want to pay more you must become his kuli then.

4444

1,800 posts

Posted by 4444 > 2017-09-13 11:37 | Report Abuse

Stupid to ask such question. Wish you go bankrupt follow blindly sifus here buying Willow. 1.27 now don't want wait 80 sen?

skybird can small investor reject the offers if he manage get 80% to sale to him at 80 cent ? or small investor must sale to him at 80 cent after he manage to get a thresold of shareholding ?
13/09/2017 11:09

limch

3,262 posts

Posted by limch > 2017-09-13 11:58 | Report Abuse

WILLOWGLEN MSC BERHAD

Type Announcement
Subject TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))
Description WILLOWGLEN MSC BERHAD ("WILLOWGLEN" OR "THE COMPANY")

RECEIPT OF NOTICE OF UNCONDITIONAL MANDATORY TAKE-OVER OFFER FROM RHB INVESTMENT BANK BERHAD ON BEHALF OF NEW ADVENT SDN BHD ("NEW ADVENT")
The Board of Directors of Willowglen (“Board”) wishes to announce that Willowglen has on 12 September 2017 received a notice of unconditional mandatory take-over offer (“Notice”) from RHB Investment Bank Berhad on behalf of New Advent (“Offeror”) to acquire all the remaining ordinary shares in Willowglen not already held by the Offeror and its persons acting in concert, amounting to 109,500,093 ordinary shares in Willowglen (“Offer Share(s)”), representing approximately 45.0% of the total number of issued shares in Willowglen (excluding 4,673,400 treasury shares), at a cash offer price of RM0.80 per Offer Share.

A copy of the Notice is attached herewith and will be posted to the holders of the Offer Shares within 7 days from the date of this announcement.

This announcement is dated 12 September 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5541261

godhand

1,954 posts

Posted by godhand > 2017-09-13 11:59 | Report Abuse

LOL

goodstk88

31 posts

Posted by goodstk88 > 2017-09-13 12:14 | Report Abuse

Just a passing storm, basically the majority shareholders had sold down their share holdings previously and have bgt back to consolidate control at 55%, but need to comply with regulation to make MGO. with solid control at board level, they can focus on buliding up the company P&L
even if drop to 80 sen, ( not likey as market price is way above n the smart 45% is collecting at rm1.28 level), do u think the owners will let it remain at 80 sen ?

lloydlim

3,971 posts

Posted by lloydlim > 2017-09-13 12:29 | Report Abuse

Boss costing at 80cts, gd luck guys!

Aries

659 posts

Posted by Aries > 2017-09-13 12:35 | Report Abuse

As long as the 45% don't take the offer. And maintain at current price, how to go to 80 cents? What is your logic?

Posted by treasure_hunter > 2017-09-13 12:37 | Report Abuse

just think in this way, why major share holder transacted 22.92% bulk stack on 80cent a piece?
it is just left hand to right hand, purely to trigger MGO on much lower price from market price.

refer to OSKProp, it had been triggered MGO on 80cent, RM1.2, RM1.8.

Every unfair MGO, plus pressing down share price for very long term, will gain the fox higher and higher % until the fox fully swallow the whole company

wont expect Willow to be taken down on first MGO, but really not worthy to invest in this Fox who not willing to share benefit with minority share holder

goodstk88

31 posts

Posted by goodstk88 > 2017-09-13 13:01 | Report Abuse

valid point, but one shd not sell at loss in anger n disappointment, if can hold, better to wait until offer period ends in 21 days, n seem how it goes.
no immediate danger of being delisted bcause bcause NTA of 58 sen n owner paid 80 sen. owner still need to keep listed n minority support to boost share price. in near future

Kabali

331 posts

Posted by Kabali > 2017-09-13 13:11 | Report Abuse

Just dont accept the 0.80c and see how mkt react

free2invest

1,748 posts

Posted by free2invest > 2017-09-13 13:27 | Report Abuse

At this current price, still consider high.

Iloveshare

944 posts

Posted by Iloveshare > 2017-09-13 13:28 | Report Abuse

the management only thinking of his own benefit, doesnt border the investor, shit

888newbie

180 posts

Posted by 888newbie > 2017-09-13 13:31 | Report Abuse

just took profits. up 70% this year already.

Posted by pakatan_harapan2 > 2017-09-13 14:21 | Report Abuse

Why Star news so biased? 80 sen offer so big news why in Star so small article? If Pakatan rule in GE 14 must ban Star like Dr Mahathir time.

Posted by pakatan_harapan2 > 2017-09-13 15:13 | Report Abuse

80 sen offer why pay 1.27? World upside-down under BN? Change to Pakatan better.

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