if you are still new in investing...then u should be quiet, read those good discussions from other brothers here. don't jump in the middle of conversations and phsycho them and act like u know a lot in investment. learn from them ma coz u are still new
If Rm gain 10 percent against Aud , the cash dividend may fall to 2.16 by then. If so, the present price of Jobst just about reflex the whole value. Why wait till the deal is done? This is another risk for Jobst share holders. I wonder If there is any currency hedge done on the deal.
We refer to the prior announcements dated 19 February 2014 and 21 February 2014 in relation to the Proposed Acquisition (“Announcements”). Unless otherwise defined, the abbreviations used throughout this announcement are the same as those previously defined in the Announcements.
The Company had, on 19 February 2014, announced that JobStreet.com Pte Ltd had on 18 February 2014, entered into a conditional share sale agreement with Summit Internet Investments, Inc, (“Summit”) (as the Vendor) and JG Summit Holdings, Inc (“JG Summit”) (as the Vendor Guarantor) for the Proposed Acquisition (“Philippines SSA”).
In relation to the above, HwangDBS Investment Bank Berhad, on behalf of the Board of Directors of JobStreet, wish to announce that as the conditions precedent to the Philippines SSA have yet to be fulfilled within 60 days from the date of the Philippines SSA, JobStreet.com Pte Ltd, Summit and JG Summit have mutually agreed in a letter dated 17 April 2014 to extend the time for the fulfilment of the conditions precedent to 18 June 2014.
This announcement is dated 21 April 2014.
What??!! Gonna delay by two more months, this cant be good. Time is money.
residual value of subsidiaries + JV cos + associated cos + investments + property + cash per share = (89.81+8.48+32.84+7.25+2.77+13.14+12.12+14+0.34+3.65)/707.953 = 0.2565
hooi, sold here n do wat wit ur capital?? go buy vis.. solution..??
in time of uncertainty.. whr counters after counters went n going limit down again n again.. it is advisable for one to play it safe... to go for certainty... n to preserve d capital
jobst is jz tat... it let u play it safe... go for certainty... n preserve ur capital
post sale n special dividend.. jobsts balance sheet is simple.. is assets light.. is debt free.. is of small capital base at 70.79m.. is a great candidate for RTO
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
bursacow
94 posts
Posted by bursacow > 2014-04-03 17:15 | Report Abuse
let's come back to RM4.4. why u always get your informations and figures wrong?