and do u know one thing as FRS10, a company can consolidate revenue and profit of a company even they don't have 50% stakes in that particular company as long as they fullfil certain reuqirements?
again, they are not pn17 yet...and this is a whole process ...they need to be reviewed by bursa 1st when they are out of pn17 then outright no pn17.
of course, it's calculated risk. when u say buy buy buy at rm2.55, you are also based on a lot of possibilities. but important thing is we build a investment thesis based on solid figures and facts not base on illusion
i based on reasoning and my reasoning supported by facts. your illusion is something like FIL selling coz they pissed , u are guessing those seller's feel and you feel they angry coz not being informed by seek. these are all your illusion
FIL is holding shares in both JOBST n in SEEK.. so if FIL is allowed to vote in JOBST to sell JOBSTs assets to SEEK thr wil b a CONFLICT OF INTEREST.. as such, FIL CANNOT vote on d sale of jobst sub group in JOBSTl.. right or wrong??
If Mark n Co decide to go for early retirement and put Jobs under liquidation, how long does it take for FIL to get back the rest of the money? This could be the main reasons why they continue to sell.As a good fund manager, they want to put their money to work instead of idling.
csk.. thr r many institutional shareholders in JOBST whc r subject to same mandate as FIL.. n cant wait for long time... why aren't they selling??? Only FIL is selling??
as bursacow as asked for.. quality posts pls..
cskhoon If Mark n Co decide to go for early retirement and put Jobs under liquidation, how long does it take for FIL to get back the rest of the money? This could be the main reasons why they continue to sell.As a good fund manager, they want to put their money to work instead of idling.
14/03/2014 09:44
jowong7 bro csk...if put under liquidation, then mark n co will sell off the remaning assets in jobst and return back the cash to shareholders but this will take a very long time. ya, u are right. fund manager won't wait, they need to hit certain return every year for their performance. they won't wait for jobstreet in this case
“Yes i know.. but FILs shares only reduced by abt 14mils fr FEB til now... u say it has sold 30mils in jz tat day alone... FIL sold n bot back 20 mils?”
this is the joke of the day. obviously this guy knows nothing for asking this stupid question
ya.. bursacow has asked for quality postings but disappointing his way for JOBST to get out of d pn17 problem is may b.. HOPEFULLY JOBST can do some ACCOUNTING MAGIS by consolidating some associate cos.. gila punya.. n say other ppl on illusion.. siau eh
u said u read announcement. obviously, u don't even know how to read announcement. if FIL bought back 20 million shares, it will already appeared in the announcement. AND you don't even know how to find out trading volume of the day from trading platform. OMG...
bursacow u MORON.. u c d following or not u freaking MORON of all time n BLIND!!!
Total no of securities after change 52,726,600 Date of notice 24/02/2014
Total no of securities after change 38,135,300 Date of notice 12/03/2014
Changes in Sub. S-hldr's Int. (29B)
JOBSTREET CORPORATION BERHAD
Particulars of substantial Securities Holder
Name FIL Limited and *Pandanus Partners L.P. Address Pembroke Hall, 42 Crow Lane, Pembroke, Bermuda NRIC/Passport No/Company No. EC01462 Nationality/Country of incorporation Bermuda Descriptions (Class & nominal value) Ordinary Shares of RM0.10 each Name & address of registered holder CLEARSTREAM BANKING SA LUX (C)
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction Date of change No of securities
Price Transacted (RM)
Acquired 17/02/2014 152,700
Circumstances by reason of which change has occurred Simple portfolio investment. Nature of interest Indirect Direct (units) Direct (%) Indirect/deemed interest (units) 52,726,600 Indirect/deemed interest (%) 8.3 Total no of securities after change 52,726,600 Date of notice 24/02/2014
Changes in Sub. S-hldr's Int. (29B)
JOBSTREET CORPORATION BERHAD
Particulars of substantial Securities Holder
Name FIL Limited and *Pandanus Partners L.P. Address Pembroke Hall, 42 Crow Lane, Pembroke, Bermuda NRIC/Passport No/Company No. EC01462 Nationality/Country of incorporation Bermuda Descriptions (Class & nominal value) Ordinary Shares of RM0.10 each Name & address of registered holder (1) BROWN BROS HARRIMN LTD LUX (C) (2) BROWN BROS HARRIMAN (BOSTON)(S) (3) CLEARSTREAM BANKING SA LUX (C) (4) JP MORGAN, BOURNEMOUTH (C) (5) MASTER TRUST BANK OF JAPAN (C)
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction Date of change No of securities
Price Transacted (RM)
Disposed 05/03/2014 13,126,900
Disposed 05/03/2014 226,400
Disposed 05/03/2014 287,400
Disposed 05/03/2014 61,500
Disposed 05/03/2014 276,000
Circumstances by reason of which change has occurred Simple portfolio investments. Nature of interest Indirect Direct (units) Direct (%) Indirect/deemed interest (units) 38,135,300 Indirect/deemed interest (%) 5.98 Total no of securities after change 38,135,300 Date of notice 12/03/2014
i never said FIL sold 30 millions shares. i only said 30 million shares done off market. OMG...you really have a lot of difficulties in understandng a statement. AND, if you know how to invest how come you can't even find out number of shares transacted???? how you ask so many questions if you can't even read statement or find trading volume??? OMG
Hoping tat JOBST can get out of PN17 on d possibility of it consolidating its asssocite cos results is 100% illusion tat only a gila person n a brain dead moron can comes up wit Period
On d other hand trying to figure out d.. who.. wat.. why.. whn.. of a big shareholders move is no illusion but nid d brain power of playing a chess game.. n very very very fun.. whc smart Jolin likes
So who is tis he or she.... not likely to b an it due to PN 17.. who bot d 30,000,000 shares? wat is d intention? wat is d plan? wat is d next move?
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Posted by SexC > 2014-03-13 14:22 | Report Abuse
get jowong7 to answer u on tis one la... fed up