PLSSSSSSS ALL OF US REJECT TIS OFFER....TELL ALL OUR FRIENDS AND ALL SHAREHOLDERS TO REJECT TIS STUPID VOLUNTARY TAKE OVER...PLS PASS THE WORDS AROUND AND ADVERTISE IT ASK ALL OF THEM TO REJECT TIS OFFER SO TAT OLH MERGER PLAN WILL FAIL...ALL OF US MUST STAND TOGETHER TO REJECT TIS UNFAIR DEAL!!!
I will reject the offer, OSK need to issues share to take PJDEV and OSKP. The EPS will dilute. RM3.00/RM4.00 it just base on what fact ? ...if u buy PJDEV now, u also can have 2 option, rejected the offer and if they not able to take over PJDEV, the price will go back. else U also can have cheaper way 1.56x5(PJDEV)=1.95x4(OSK) to enter OSK counter..
ImCK, If this is true, it mean OSK only owned certain portion 30% of the PJDEV. How the OSK EPS increase and Target price value is RM4.00 like you mention ? Good, I hope OSK wont able to takeover PJDEV. :)
Dont selll....hold it tight tight.....it was olh strategy....in fact he knew the take over will not sucessful.....his aim is to press down the share price of pjd then he can buy it cheaply over the months......we must not sell n possible buy it more if possible.....then pjd will back above rm2.5 at least.....
Buy now at rm1.5, 6-9 months later we will enjoy the fruits.......buy more now at rm1.51....we guaratee will not lost at all if really olh sucessful take over we still can earn 5 cents per share.......sure win game.....buy now!!!!
Major Share Holder for PJD. I think 32.38% should be related to OLH family. This is known and in OSK database on 23 Sep 2014. Unknown but got relatipnship 1 not sure about it. But they should have chance to accumulate more when PJDEV price at 1.50-1.60..
1. Dingding Consolidated SB 20.48% 2. Khor Chai Moi (OLH Wife) 6.38% 7 Wong Ah Chiew (Brother) 2.07% 4. Wong Chong Ngin 1.57% 16. Ong Chong Shee 0.89% 26. Khor Chai Moi 0.54% 28. Wong Chong Kim (Brother) 0.45%
KUALA LUMPUR (May 19): PJ Development Holdings Bhd ( Financial Dashboard) saw its net profit dip 8.71% to RM18.76 million or 4.14 sen per share in the third financial quarter ended March 31, 2015 (3QFY15), from RM20.55 million or 4.54 sen a year ago, on lower contribution from its hotel and leisure division.
Revenue for 3QFY15 rose by a marginal 0.64% to RM229.2 million, from RM227.74 million in 3QFY14, driven by its core construction division.
The construction division registered a pre-tax profit of RM5.8 million for 3QFY15, up by 102% from 2.9 million in 3QFY14.
For the nine months period (9MFY15), the group's net profit rose 7.5% to RM81.58 million or 18.05 sen per share, from RM75.89 million or 16.75 sen per share a year ago; while revenue rose 1.78% to RM718.07 million, from RM705.5 million.
I hope the story will change in the next few year. after OLH and PAC included and take control (>50%) of the OSK share, it privatize OSK Holdings instead of PJDEV. Take Control for OSKH is more easier than take control for PJDEV. This is the smart way to quit for PJDEV and fully take control for OSKH. He is damn smart and brilliant. I believed PJDEV will continue to grow for next few year....
I think OLH want the deal to be rejected....then both PJD and OSKP price will shoot up 20-50% again.....he gain more rather than merge the both companies.....at the end he aldy achieved his FINAL Objective which is getting more share with cheap price and strengthen his portion of share in both companies.....
impossible. The deal will does on even if all the minor shareholders reject the offer. The proper things to do now is to buy in osk to get the 15 cents dividend plus free warrant after the merge.
I think if a lot of minorities turn up to vote, it is impossible for OLH to get 90% approval. However, the key is how many minority shareholders will turn up?
myself i hold equal value of PJD and OSKH shares. this is stock market and this is not somewhere for u to fall in love with any particular stock, there is no loyalty required when it come to investment. if u compare to any privitisation, delisting. we actually have an option here. because the OSKH who take advantages of PJD&OSKP still listing in the market. ive think it over and over again. and finally i decided to set myself free & peace of mind. (i cut 100% of pjdev position and throw all the proceeds into OSKH to take advantage). i am now no hate no pain, only peace and love :)
anybody noticed that at friday closed, OSKH UP, OSKP UP, and only PJDEV DOWN? OLH's game began..... he holds only 32% and is a little bit too low if compare to his OSKH/OSKP position.. now is the time for him to shoot down the price in order to collect more shares. i m not an analyst nor professional investor but i would definitely give PJDEV a big big "sell"!!
after merger ex-date, pjd will remain listed, pjdwc will fly sky high, pjd will only become a subsidiary of osk group and equity account pjd profit which is excellent for oskh n pjd shareholder like me
paperplane & dsonic, hold til Aug, when osk sent offer ltr tp pjd/oskp s/holders, kenanga(independent adiviser for oskh merger) advise fv for pjfd 2.60 mah
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....
nemesis
3,990 posts
Posted by nemesis > 2015-05-14 19:01 | Report Abuse
PLSSSSSSS ALL OF US REJECT TIS OFFER....TELL ALL OUR FRIENDS AND ALL SHAREHOLDERS TO REJECT TIS STUPID VOLUNTARY TAKE OVER...PLS PASS THE WORDS AROUND AND ADVERTISE IT ASK ALL OF THEM TO REJECT TIS OFFER SO TAT OLH MERGER PLAN WILL FAIL...ALL OF US MUST STAND TOGETHER TO REJECT TIS UNFAIR DEAL!!!