Even IBs want to make a killing in this golden opportunity.... ride with the sharks... tomorrow another LU on opening bell... if no heavy profit taking, Thursday likely will LU again.
if continue to trade at this price level, which is about 10% premium, I rather just wait for the exercise of the privatization, where I can get at least RM2, and also save some brokerage fee for selling the share manually (the is no service charge to receive privatization payment like receive dividend if I am not mistaken)
i think many jerung missed the bus when ts sm announced the offer..so many queue at RM1.69 to get a ride..now needs operator to help shake those scare bilis so that other jerung can join the ride
If minority thinks that 200 is fair price, they will be paid 200. If minority reject as too low price, Offeror may offer higher price. If the offer fell through for whatever reasons, the price of MMC very likely remains over 200 as the intrinsic value is far exceeded the offer price of 200
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....
HamsterHuat
2,852 posts
Posted by HamsterHuat > 2021-06-07 21:45 | Report Abuse
Tomorrow should be another LU at 2.19