I guess it wil be muted response like Swkpltn, TaAnn, and many other counters that reported god results. The Malaysian market is simply dysfunctional like the government.
At Rm1.88 Ijmplant is still relatively cheap compared to its twice previous high of Rm4.00 in year 2012 when it gave the highest historic dividend of 10 sen
Since it is again giving 10 sen dividend perhaps this is the indicator it will go back to year 2012 high of Rm4.00
IJM Corp will take advantage of present strong CPO market to sell ijmpltn. I am not surprised if talk already undergoing . Once the deal is done, the.acquirer will have to extend GO to all other shareholders at the same price. I think the price tag may be $3.50 to $4.00.
ijm struggling with money? that why they very keen to dispose this asset-ijmplnt? but either way if KLK bought very cheap from IJM then we can enter BKAWAN. WAHAHHAHA
Last traded price rm2.46 plus 10 cents dividends + rm2.56, offer range from rm2.50 to rm2.70, what kind of offer is this ??? MMC last traded price rm1.30 and offer price at least now market traded at rm1.80 much much better.
Posted by henry888 > Jun 8, 2021 5:54 PM | Report Abuse
Last traded price rm2.46 plus 10 cents dividends + rm2.56, offer range from rm2.50 to rm2.70, what kind of offer is this ??? MMC last traded price rm1.30 and offer price at least now market traded at rm1.80 much much better.
We as a small shareholder wont accept but IJM looking for exit they might accept hahaha. If want to continue holding IJMPLNT then switch to KLK or BKAWAN.
Isn’t IJm also require it’s shareholders to vote for it ? I wonder if IJM’s shareholders and other institutional investors are going to support this sales at this low price?
The voting details I dont know about much because im not familiar, I just know they have very large controlling % in IJMPLNT so nobody can stop them for doing anything basically? for EPF nothing much affect because both side they have a large stake lol.
I don’t think IJM can just sell a significant business without going back to it’s shareholders for endorsement. IJM’s shareholders are make up of a lot of institutional investors and funds . There is no controlling shareholders in IJM. Anyway, the official term of offer is not out yet . Too early to speculate what next happen
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....
sethoylo
146 posts
Posted by sethoylo > 2021-05-27 18:14 | Report Abuse
fuyoh.. result bagus.. dividen Rm0.10