I learn from experiencement that might not be agreed by you.Every time the negative announcement,the price is still up especially for Tabbacco counters.Maybe someone behind want to accumulate,spread the negative news to scare the small holders.
Invest in this counter not mati.BAT is a examble.In 1998,BAT only costed between RM13.00 n RM15.00.Now,the price is nearly RM60.00 n the dividends paid out above RM30,000.00.
For BAT PE is 23.44 and Jtinter PE only 13.21.Jtinter has reasonable profits,reasonable dividends,strong cash flow,a low PE ratio and growth potential accumulate for long term investment.
Warren Buffett says buying undervalued companies with strong fundamentals.It is possible to replicate his investment approach rather than simply mimicking his actual stock picks,using readily available tools to pick out companies with strong historic fundamentals and growth forecasts.
ryei, who told u it will delist at 7.80 sharp, unless ur god or the oracle of omaha. There's 28 remaining days till offer expire. The incoming days will be interesting. 7.80/share is proposed. read proposed. So, if the remaining 3+.++% shareholder don't want to dispose, JTIH have to go for go or mgo, depends on how much they accumulate in open mart and comply with bursa rules.
I didn't see volume where EPF and KWAP has disposed significantly or otherwise. together, both have about 14.++% shares.
For me, I shall wait for EGM, then only decide to cash out or not. who knows maybe epf and kwap nego for a higher offer.
for a small fish like me in the big ocean, better to follow big fish that don't want to eat me. hehe..
For take-over offer like this, there is no EGM since it is not via selective capital reduction (SCR).
The most important thing is the acceptance level. The offer is conditional upon minimum acceptance level of 90% (section 4.3 of announcement). However, they reserve the right to revise the condition to lower acceptance level or remove the acceptance condition.
It is better to wait for the offer to become unconditional before you accept by doing CDS transfer & send back the forms. Otherwise it may be aborted if the condition is not met.
Are you referring to the “RECEIPT OF NOTICE OF CONDITIONAL TAKE-OVER OFFER”? It is only to inform you that the company has received the take-over offer. The offer document (forms, etc) will be posted to you within 21 days.
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....
PaulinaYong
200 posts
Posted by PaulinaYong > 2012-08-09 17:05 | Report Abuse
PROFOT UP!!