PJ DEVELOPMENT-WARRANTS 10/20

KLSE: PJDEV-WC (1945WC)

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Last Price

0.50

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


11 people like this.

3,777 comment(s). Last comment by Venthaan83 2022-04-29 10:45

sephiroth

14,145 posts

Posted by sephiroth > 2014-08-14 10:20 | Report Abuse

bro jester, mkt is pricing in privatization lor, olh wanna privatize cheap cheap b4 the explosive quaterly rpt end of the mth

horriefic

68 posts

Posted by horriefic > 2014-08-14 10:26 | Report Abuse

seph,

What is your tp that you will start taking selling and take profit on your pjdev-wc?

Thanks!

sephiroth

14,145 posts

Posted by sephiroth > 2014-08-14 10:30 | Report Abuse

horriefic, gonna sell half at 1.15-1.20, the other half 1.30 n above

horriefic

68 posts

Posted by horriefic > 2014-08-14 10:42 | Report Abuse

Noted, and thanks Seph. Appreciate it.

jester

852 posts

Posted by jester > 2014-08-14 10:54 | Report Abuse

bro sep, thanks for the info. And may I know what is the benefit by selling half2 ya?

Newbie here

sephiroth

14,145 posts

Posted by sephiroth > 2014-08-14 10:58 | Report Abuse

jester, lock in profits mah from those wc i bot at 0.32, feel much better loh, later when correction comes, can buy back at 1.00-1.05

nicholasnwh90

1,114 posts

Posted by nicholasnwh90 > 2014-08-14 11:00 | Report Abuse

Premium only 5 cents now? WTH.

xbotzz

141 posts

Posted by xbotzz > 2014-08-14 11:00 | Report Abuse

does it look more of a profit taking session or pressing down session ?.. too many big blocks sold..

horriefic

68 posts

Posted by horriefic > 2014-08-14 12:03 | Report Abuse

Seph,

I don't really understand the mechanics of what you said below at ChrissyConn forum. How does the market pricing in the privatization of PJD make the premium on pjdev-wc low?

Posted by sephiroth > Aug 14, 2014 11:33 AM | Report Abuse

asakura, i said many times liau mah, the mkt is pricing in privatization of pjd, at the end of the day shareholders will not accept olh's pathetic offer

sephiroth

14,145 posts

Posted by sephiroth > 2014-08-14 12:24 | Report Abuse

Horriefic, if olh wanna take private pjd, he won't give any premium for wc loh, if he makan 2.10, wc only worth 1.10

Shacks

1,542 posts

Posted by Shacks > 2014-08-14 13:56 | Report Abuse

So in another word, even if WC reach 1.20 (for example), he will push the price down until 1.10 for buy back?

DANIELSKS

222 posts

Posted by DANIELSKS > 2014-08-14 14:03 | Report Abuse

It means that if the price offered to take it private is concluded at 2.10, the wc will effectively be worth only 1.10 as the conversion price is 1.00

Shacks

1,542 posts

Posted by Shacks > 2014-08-14 14:05 | Report Abuse

ah... understood already. I tot he will push the price down in the market to 1.10.

Thank you.

xbotzz

141 posts

Posted by xbotzz > 2014-08-14 14:12 | Report Abuse

mother - conversion price = son = no premium..

james70

327 posts

Posted by james70 > 2014-08-14 14:22 | Report Abuse

PJDev has a paid up cap of 456.2M shares. OLH and his family only has about 31% of the mother share. They hold about the same percentage in the warrants. Any takeover offers for PJDev without a massive premium will end miserably. At this juncture, the warrants offer more upside than the mother share and the longer he waits, the pricier it will be as PJDev is enroute to chalk up fantastic earnings in the coming quarters from the multiple property projects launched last year and the year before. This does not take into account the 2 exceptional earnings recorded from the sale of the PJD tower and Mont Kiara land.

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-08-14 16:15 | Report Abuse

1.07 seems difficult to surpass

htloi

40 posts

Posted by htloi > 2014-08-14 16:22 | Report Abuse

Premium 0.02 only, strange

nch218

573 posts

Posted by nch218 > 2014-08-14 16:22 | Report Abuse

Premium so low...still good buy...

nch218

573 posts

Posted by nch218 > 2014-08-14 16:26 | Report Abuse

market is blind ..why so low...

Shacks

1,542 posts

Posted by Shacks > 2014-08-14 16:41 | Report Abuse

Mother share up 0.11 already, but son is not catching up, not even half...

wahlaueh

208 posts

Posted by wahlaueh > 2014-08-14 16:51 | Report Abuse

OLH is a very smart businessman... Judging from the scenario, i believe the M&A news is around the corner...

sephiroth

14,145 posts

Posted by sephiroth > 2014-08-14 16:54 | Report Abuse

woah 6 digit volume with no premium, just ignore their mgo , price will resume upwards

example osk mgo 1.68 now 2.41, oskprop mgo 0.87 now 2.47

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-08-14 16:55 | Report Abuse

closing at 1.07....nice nice

james70

327 posts

Posted by james70 > 2014-08-14 16:58 | Report Abuse

The message is very clear, we shareholders want fat premiums for OLH's cash if he was to launch a general offer.

sephiroth

14,145 posts

Posted by sephiroth > 2014-08-14 16:58 | Report Abuse

now 1.07/1.08, closing 1.08 better mah, very fatt

nicholasnwh90

1,114 posts

Posted by nicholasnwh90 > 2014-08-14 17:00 | Report Abuse

WTH! Ridiculous. No premium now. How is that possible.

wahlaueh

208 posts

Posted by wahlaueh > 2014-08-14 17:02 | Report Abuse

OLH wins ALL...

nicholasnwh90

1,114 posts

Posted by nicholasnwh90 > 2014-08-14 17:02 | Report Abuse

At first want to sell already. Seems like can keep longer now.

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-08-14 17:03 | Report Abuse

TP 1.45 achieveable....

vitac

522 posts

Posted by vitac > 2014-08-14 17:12 | Report Abuse

1.20 i take profit, will left 0.25 for u.

horriefic

68 posts

Posted by horriefic > 2014-08-14 17:37 | Report Abuse

Thanks Seph and all for clarifying and answering my question.

Simple man

907 posts

Posted by Simple man > 2014-08-14 17:44 | Report Abuse

BUY BUY BUY

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-08-14 18:49 | Report Abuse

Go ahead vitac, i am waiting at 1.45 still

wahlaueh

208 posts

Posted by wahlaueh > 2014-08-14 18:57 | Report Abuse

Good Qtr profit for Oskprop...

vitac

522 posts

Posted by vitac > 2014-08-14 20:13 | Report Abuse

Ok brendonyeap give u my blessing, i sell all at 1.20

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-08-14 20:57 | Report Abuse

No worries, at current price, PJDev still cheap

OptimusX8

216 posts

Posted by OptimusX8 > 2014-08-14 21:01 |

Post removed.Why?

OptimusX8

216 posts

Posted by OptimusX8 > 2014-08-14 21:02 | Report Abuse

genius! wakakakaka

DannyC

166 posts

Posted by DannyC > 2014-08-14 21:48 | Report Abuse

OptimusX8, ur so free to track ppl history... thumb up for u.. =)

nch218

573 posts

Posted by nch218 > 2014-08-15 09:36 | Report Abuse

Seph, what is the FV for PJD after the announcement of qtr result?

promaxsam

172 posts

Posted by promaxsam > 2014-08-15 09:49 | Report Abuse

keep accumulate , coming quarter result fantastic , better than OSKPROP

Posted by Investor73 > 2014-08-15 11:10 | Report Abuse

why not moving..come on..

Shacks

1,542 posts

Posted by Shacks > 2014-08-15 13:59 | Report Abuse

yesterday edi move so much, let it rest for a while.

sephiroth

14,145 posts

Posted by sephiroth > 2014-08-15 15:51 | Report Abuse

fully recovered for now

nch218

573 posts

Posted by nch218 > 2014-08-15 15:58 | Report Abuse

Bro Seph, when to sell??

sephiroth

14,145 posts

Posted by sephiroth > 2014-08-15 15:59 | Report Abuse

nch, sell half 1.15-1.20 d other half above 1.30

nch218

573 posts

Posted by nch218 > 2014-08-15 15:59 | Report Abuse

why not 20% 1.15-1.20...80% above 1.30?? more profit...

nch218

573 posts

Posted by nch218 > 2014-08-15 16:01 | Report Abuse

Seph, what is the fair value for PJD?

sephiroth

14,145 posts

Posted by sephiroth > 2014-08-15 16:06 | Report Abuse

nch, coz 50% of my wc bot at 0.32, lock in profit already, very song mah, nav by end august 2.60-2.65

nch218

573 posts

Posted by nch218 > 2014-08-15 16:09 | Report Abuse

song song all the way lol...purple notes everyday..thanks Seph..

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