santaclaus2020 yes u r right. Its a matter of time. Next week thursday or friday some good news n following week goreng n goreng lol. If the partner dont mess up then next week we might see the price is going down before the signing.So those are in this forum can buy at a cheaper price before its go up rocket. Can hold for short term n long term . Short term tp 0.60-1.00 long term up to rm3. This info is very reliable from the inner circle of the 3 party that involve. My EG/S5/Connect. Hope every one can have some portion in this big cake. Nobody will be come poor in this forum unless they become greedy. Help other also to make some money during this PKPP.
@stncws my opinion why I believe S5 will choose connect instead myeg because S5 cannot be major shareholder in myeg but connect can make this happen as long as they make profit together. If S5 bid the project with Myeg then why myeg just acquire 10% for a Sdn Bhd, I believe myeg capabilities to be major shareholder in S5 and get the 1.5b project.
TheStar Sat, Jun 13, 2020 08:30am - 16 hours ago MyEG’s acquisition of S5 stake draws interest
S5 Systems has been in the public domain before, back in July 2016 when rubber products maker Goodway Integrated Industries Bhd had then proposed to acquire S5 for RM900mil.
It was proposed then for the RM900mil purchase price to be effected with an issuance of new shares in the listed Goodway that would have seen the entry of a new majority shareholder, NSA Technology Sdn Bhd.
NSA Technology was supposed to have emerged as a 94.2% shareholder in Goodway then.
But some seven months later, the proposed acquisition had been withdrawn due to additional time that was needed to enhance the disclosures and provide the required information.
Maybank Investment Bank Bhd, the bank that was involved in the deal, had then submitted the relevant documents to the Securities Commission some six months after the proposed acquisition was announced to the public in July 2016.
The announcement then had also stated that Maybank Investment and Goodway had mutually agreed for the services of the investment bank to be terminated with immediate effect.
StarBizWeek had, in early 2017, highlighted the matter with this turn of events that led people to wonder why Maybank Investment had suddenly withdrawn from such a deal after having worked on it for so many months.
Other questions that surrounded this aborted deal were: what were the additional disclosures that had been required by regulators then that had most likely led to the ultimate withdrawal of the proposed acquisition.
stncws dont talk rubbish if u dont knwo what is happening. FYI i dont know who is santaclaus. Know him in this forum as u are n like others. fYI thia S5 is not belong to the ROYAL as u says . Do ur homework more n dont talk rubbish if u dont know n only guessing . Its up to u guys want to follow or just stay away n let others who have confident to make more.
Stncws fyi myeg bought 10% of S5 share under MAL which is belong to TsWong who own myeg too at the price of 40m and sold back 5% of S5 share for the value of 90m n MAL still hold 5% of this S5 share. Do some homework before u want to point to others n if u want to give some opinion. Pls give some good advice or positive remarks after u do ur homework.
Just be neutral as I am holding this share at 0. 2x. So far there is no news mentioned any discussion between connect and s5. Although I did received some info from my friend but I hope it is true that the discussion is going on between. Finger cross.
If ever S5 wants to merge with MYEG it will be indirect : First, S5 will be injected into Connect and the valuation will be very much higher since its a listed entity; thereafter Connect (fully valued) will then be placed on par in term of market cap with MYEG then only she will consider a merger with MYEG ! Does it sound logic and reasonable...? If I'm the owner of S5 I would do it this way !
Aikinlai as oldchinaman says if the fat witch sisnt kacau we can see the price might go down until 0.20. If u ask my personal opinion i will go in if the price is below 0.35. Coz u still can make 100% profit. Smoothdriving no need to form a private group i guess. Let every one know what is happening n make more profit. For me its dosent matter what others says or thought towards me or my info. Its your money that u are going to invest . End of the day the risk is yours n if u make profit im not getting any single cent from you guys. Sharing this tips coz love each other as a human n when u make good profit i believe that some of u will share your profit with the love one n family members n others that need.
As for the concern that the contract will not be awarded to an unlisted entity since it involves the security of Malaysia, the Govt can always add a supplementary clause that-: "upon awarding the contract, S5 should endeavour to get listed within 6 months failing which we will have every right to rescind/cancel the contract at no costs" in awarding the contract to S5
Thanks Jb1618, BTW would u mind to explain the meaning of fat witch didn't kacau then price will go down to 0.2? I tot if nobody kacau then it can go up constantly? Means she need come come kacau to push the price up... And u r right that evryone is investing own money.. So your good will is kind to others. For me If it drop below. 3 then I will cut to stay away 1st... Thats the plan since the news is a bit uncertain. Or rather say I can't found any relations between connect owner with s5. Jus my view.
@ Jb 1618 tell them investing is totally at your own risk and reward , doesn't means putting money into other is sure winner money in other counters doesn't
According to Santaclause.Anyone can bid for this 1.5b jobs either plc or sdn bhd.
It was risky for govt to award to a sdn bhd (S5)company for a BIG PROJECT.
Like other big project..the bidders are transparent. It seems now this 2 PLC are bidding for this job. MYEG CONNECT S5..are they any Conflict of interest?
Anyway Connect still can rise based on goreng fucntion..!
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....
TrendLai
407 posts
Posted by TrendLai > 2020-06-13 09:54 | Report Abuse
Also Our sincere Jb1618 is sharing is genuine
I chose to hold, no right or wrong only thing is to believe