On behalf of the Joint Offerors, Mercury Securities wishes to announce that the closing date and time for acceptance of the Offer have been further extended from 5:00 p.m. (Malaysian time) on 7 April 2017 to 5:00 p.m. (Malaysian time) on 2 May 2017 (“Extended Closing Date”).
Luckily I escaped...Bought 11.5 sen quickly sell 12 sen...and just...break even....haiz.... the commission and charges are way to much to earn a living. Bursa all makan. They should lower the fees $10 or $20 per transaction lah...not based on percentage of the stock price. We are always losing. Buy big have to pay big fees. Really not fair. Hard to play stocks nowadays. Must up at least 1 sen baru dapat makan.
Sleep and wake up later on May 2nd. Now no show. Play other stock first. Come back later. They offer to take over at only 8.12 sen. So it is a gamble now to push it up. Must wait for the decision on May 2 for any uptrend. Bye Tanco.
Game over. Group managing director Andrew Tan and two other board members related to him - crossed the finish line holding a 52.49% stake. They hold the majority vote and its game over unless got miracle.
Unconditional cash offer of 8.12 sen per share and RM1.624 per RCN (each RCN is convertible into 20 Tanco shares).
not game over la....the offer already turn unconditional on 2nd may. Somemore the listing status will be maintained. At least u know the price will stay min at least 80 cent. In fact may goes up alot considering the same cases of Denko and Halex.
hold... today market sentiment no good, affect all counters.. if u sell now, u will regret... 700+ counters red, only 100+ counters green, even so call super hot PETRONM also red... today don't sell any stocks.. while should collect more good stocks at this timing.
i dunno. but just be patient for another few days... due date 30 May. I don't think the boss is stupid and hold so much of stocks and let the price dip.
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....
eatsmall
1,556 posts
Posted by eatsmall > 2017-04-05 19:04 | Report Abuse
"Go on! Go on! Up! Up!" ..Arriba, arriba! Ándale, ándale