I'm not sure it's a negative news... But just wanna make sure all the followers of SMRT are aware. Whether he's in or not, the deal is still positive I guess for SMRT.
Is normal for bv to cease as he has conflict of interest with creador holding megb and smrt holding megb as well, so anythg creador on megb do will indirectly impact on his direct investment in smrt, thats why a sell down is necessary
Remember ifca? He sold down ifca at 50cents and has since double, smrt could be another one if u are able to hold for another 4-5 months, with pro elt, tp 1.20-1.30 still intact
Remember brahmal always didnt sell at peak, he could have sold down smrt when it moves to 94c, but because of this acquisition, he have no choice but to remain low profile, brahmal sold down scicom at rm1, sold down uzma , sold down myeg at 2.60 before bonus
Bro Alpha Trader, good to hear from u again. If that is the case, I better hold this. I was about to set sell @.855
"Alpha Trader Is normal for bv to cease as he has conflict of interest with creador holding megb and smrt holding megb as well, so anythg creador on megb do will indirectly impact on his direct investment in smrt, thats why a sell down is necessary
Remember ifca? He sold down ifca at 50cents and has since double, smrt could be another one if u are able to hold for another 4-5 months, with pro elt, tp 1.20-1.30 still intact
It is fine always have people giving positive and negative comments here. People will take the advise which they think high possibility. no matter how good n bad u comments, at the end of the day price movement always speak louder. Just wait n see.
SMRT Holdings Bhd (fundamental: 1.5; valuation: 1.8) today announced that Brahmal Vasudevan has ceased to be a substantial shareholder. Brahmal, who is chief executive officer and founder of private equity firm Creador Capital Group, had disposed of 1.8 million and 300,000 shares on Jan 8 and 9 respectively, trimming his stake in SMRT to 4.95%, from 5.08%.
There's an article in Business Focus for week of Jan 16 - "SMRT confident of MEGB deal approval" must grab and read, unfortunately only available on Saturday for Northern region. KL may be available tomorrow. From the brief electronic version, article looks positive,
i think this counter is for mid to long term investment. those cannot hold pls sell.... those can hold may keep to reap handsome profits later, grow with smrt and creador
sell if cannot hold or not ready to see your investment with paper loss... coz global market not good... Brent crude may fall further and trigger another round of sell off in share markets.... yes, share markets, not just malaysia...
so, pls make your own judgement carefully. i am in to collect more if price drop --- for long term :)
smrt is the partner of creador, not just a company with investment linked to creador.... is it first in malaysia?? haha.... sifu Alpha whom knows creador well... any view from u??
happy investing and make some handsome profits to all :)
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....
63333336
737 posts
Posted by 63333336 > 2015-01-13 21:44 | Report Abuse
yaya... tonton... you're right. Thx for correct me.