Guys, it's simple... For SMRT whether it's a deal or not, the share should rise... Not that, it was doing good even without MEGB. However for MEGB, the deal must be done, else jia lat
Smurfbee bro, you are right. Even if the deal is call off it won't affect smrt fundamental as company is doing good at the moment. We should look at company fundamental rather than matching with Megb.
ok, let me place a small bet la.... the deal is harder to close than I think.... which means SMRT will abandon the deal... so let's celebrate, shouldn't we??
if the deal is off, MEGB share price will tank... and SMRT should not... even if it reacts, its going to rebound.... once investors realized, technically nothing has changed within the company and its business as usual.... don't have to incur debts too to buy the stake... having delayed twice tell me something is wrong... MEGB holders should be careful.
yeah, SMRT was a flop as it did not deliver the present it is supposed to... the result was good but the deal appear to be a baggage too big to swallow.... good riddance if its called off.. remain invested in SMRT... MEGB folks, better run. that's my gut feeling...
SMRT lacked the volume.... retailers are selling so it goes down la... its ok... with the deal off,.... its going to go up back pretty quick to where it is before the deal was announced. Going off to holiday... happy new new fellas!
I think the 4 properties sale failure complicated things for this deal. Maybe Siva initially thought the 4 properties were only worth RM75M and hence willing to let go his stake in MEGB for RM0.60 (or RM74M) for an indirect "exchange" with the 4 properties.
However, since the 4 properties are now valued at RM110M, he may be asking more for his stake in MEGB hence the extension required for SMRT. That may also explain why he bought back 2M MEGB shares a day before the properties sale failure announcement.
Deal is not off. Granting 16 days extension. I think the deal will be on since smrt is so interested to continue its due diligence despite they can't meet the deadline.
If deal is off, already announced to market, why delay twice, sure got something havent finalised, just wait lar, this stock is so cheap now, not oil and gas stock, i wonder why, must be this brahmal vasudevan pressing down like last time he did on ifca, then accumulate the warrants again
If SMRT abort the deal, Creador will most likely has to find another education expertise to joint venture in the take over or abort the deal, since Creador are just a bunch of savvy analysts who could offer a good road map for the merger to strengthen SMRt position in Edu business, but will nee to rely on SMRT to execute the plan.
So only a successfully merger will benefit MEGB/SMRT/Creador in the long run.
smrt will not be having a digestion issues for gobbling up megb, creador will be the fund provider..... , smrt does not have to worry about money, she only need to focus on growing the edu business which she is good at....
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....
smurfbee
1,443 posts
Posted by smurfbee > 2014-12-22 09:51 | Report Abuse
Its been decided... :D