Below is the summary of the meeting. According to MSWG analysis using Black Scholes model calculation, PJDev-WC should value at 1.57 and OSKProp-WC should value at 2.00. The offer by OSKH is even < 50%. Hence it is not a fair takeover, hence all minority shareholders are told to reject the offer. These 2 stocks are good FA stocks, at such a low price of takeover, the minority shareholders will lose confidence on Bursa because any takeover is only favour major shareholders. The minority shareholders want MSWG to bring up this case to SC and Bursa to force OSKH to offer a better price if OSKH is really interested to takeover these 2 company. Thank you.
If this meeting outcome is published in news that will really help the minority shareholders' cause ... most important is to get the news out to create more awareness. At the same time OLH has to also defend reputation ....
CAF-POW, yes, i'd just read the news in Sin Chew this morning regarding the forum which was attended by number of small share holders. Majority were upset with OLH's proposal!
PJDEV 58th AGM will be held at Swiss-Garden Hotel & Residences Kuala Lumpur on 27 November 2014 (Thursday) @ 10am. All minority shareholders (buy PJDEV 1 lot to enable you to attend AGM if you have no PJDEV share) should attend and vote RIGHTFULLY (you know what I mean) ;O)
Gogorock of course it is. Gearing is used to calculate high potential either gain or lost. I suggest you also read what is premium in context of warrant price whether cheap or expensive. Then you can comment with good degree
Wonder why OTB sifu never warn you guys about this type of gearing ? Of course when bullish market, high gearing is good as it mean high potential gain but when bearish in sentiment it is also reverse. This is the problem when ppl are too fixated with their own interest. Worst some even talk without understanding.
The gearing example I gave gives a preview of mileage need to get to the mother share however the premium gives you a preview of the how cheap is the warrant. The lower the premium means cheaper warrant. In the same way mother was quite stagnant while the warrant was zooming much ahead.i remember when mother was stagnant at 1.57 warrant already zoom pass 70cents even looking from layman without calculating we know base on the offer of 1.60/60 mother/warrant it is moving too fast without a concrete offer. I scratch my head why some so called experts continue to ask ppl to buy. Don't get me wrong, you can buy but moderately and not the way these siow joker are promoting.
PJDEV 58th AGM will be held at Swiss-Garden Hotel & Residences Kuala Lumpur on 27 November 2014 (Thursday) @ 10am. All minority shareholders (buy PJDEV 1 lot to enable you to attend AGM if you have no PJDEV share) should attend and vote RIGHTFULLY (you know what I mean) ;O)
Gogorock, sell ady lah. Siow Ah you to keep when dropping. Read my comment date when I Ask you all to sell after 3 days stagnant at 75.5, 76. I waiting below 65. It was stuck at 62.5 before it jump to above 70 earlier. You should know what to do
Gogorock my advice is between now till 27Nov is almost 10 trading days and any further news in bearish enviroment may encourage the drop. Just my opinion
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....
RockyB8
17 posts
Posted by RockyB8 > 2014-11-05 11:06 | Report Abuse
Skpres must wait for 3 cents drop while PJdevWC must wait for danger to be over. Pjdev will be up down until closer to 27nov