The privatisation offer of RM0.80 is too little. The offer should be better. I bought this share at RM0.81 and I am worried. I need at least additional RM0.10 to cover my remisier's commission. I am also worried that the share price will fall badly if the takeover does not go through.
so glad that i cut lose ytd, set ur cut lost point, dun listen to other hold hold hold, ppl ask u hold but self run never tel u, hold hold hold later drop unit mother oso cnt recognise
Lost my money and mind. Bought at 74 sen thought pharmaniaga is going to fly. Sold all 3m shares now lost money. Only can say I stupid. KWAP sold so much. 1 year salary in drain.
Kerajaan bersetuju tidak meneruskan perkhidmatan konsesi perolehan ubat dan peralatan perubatan dari Pharmaniaga yang akan berakhir pada 30 November ini.
Pharmaniaga owned by Bstead ..both shares dropped significantly because the previous Pakatan (lucky the gov went to Holland ) and both Bstead (owner of) Pharmaniaga will regain concession for supplying medical and pharmaceuticals to Government hospitals.. so RM billion incoming revenue.. plus Covid 19 vaccine this also will add more billion to Pharmaniaga and will reflect to Bstead..
Yew Kong Yng yky is PH haardcore.. that why campaing like taht..
So thos3 who are inside.. hold.. Vaccine just 3 more months to come..if every student must be vaccinated about 6m x RM200-300 per pax..RM1.8B..
KYY is just typical speculator..he put nasty article on pharma is to let the people not to dump glove share..glove & vaccine is contradict to each other ..when vaccine is ready mean not more attention to glove share..simple..remember Hengyuan, Jaks, Dayang guys..vaccine will be in play eventually..
learnbyheart, i strongly agree wit u ..last time when in Supermx bashed Harta and how come supermax share can be more expensive than harta..typical PH hardcore is like that..overtake harta share price and now in top glove and vaccine will come as early as October this year..its time to switch from gloves to vaccine..
During this pandemic outbreak nothing is normal or abnormal. What is certain Pharma is building the factory to process the packing and filling of the vaccine {once the Government source it} announced by KJ. Pharma is owned by Bstead { Bstead is controlled by LTAT} government of the day needs the support of the armed forces personnel. This is a fact nothing can change it. LTAT privatise Bstead is a fact announced by their Board. They have a specific reason for their privatise proposal. This is something their Board need to work out based on the LTAT objectives
my opinion, glove will be the theme for another 2 qtrs, before consolidate back to pre-pandemic
pharmaceutical theme will last longer than glove
as for boustead, timing is very important, next qtr might still in loss but afterward will be good once bearish sector bhp, property, trading back to normal
This counter got big potential plus under new ceo leadership dato khaled nordin - ex MB Johor. Can read through his achievement during his service as MB. Believe he has his vision and stragety how to make this compamy better futurre. And now covid 19, all over the world take it seriously and big amount being invested to expedite the vaccine. There are 23 potential vaccines developed and 3 candidates already passed the clinical trial and go for final stage of testing. 1. Moderna vaccine enter the final stage of human trials for its COVID-19 vaccine on July 27. 2. Oxford-AstraZeneca Covid-19 vaccine show good immune responses without side effect. 3. Chinese-made vaccine from Sinovac Biotech at final stage of testing in Brazil.
Holding announcements under paragraph 9.07 3. An offeror shall announce his firm intention to make a take-over offer within two months from his first preliminary announcement unless an extension of time has been granted by the SC.
any possibility of extension? they are cutting it close since everyone eyeing on month end.
Turnaround story for Bstead . Pharma government concession , Bplant { CPO hitting $2900 per tonne }, BHIC { new placement from government } sale of Bproperties land { holding prime land } BHP petroleum if proposal to dispose materialise { gains realizable }
Bstead has their own in house legal team plus external lawers acting as company legal advisers. banks have their own legal consultants preparing the own loan documents. No necessary to appoint on an ad hoc basis
We refer to the announcements dated 28 May 2020 in relation to the Proposal ("Announcements").
The Company wishes to announce that the Company had today received a press notice from Lembaga Tabung Angkatan Tentera ("LTAT") informing that there has been no material development in respect of the Proposal.
As highlighted in the Announcements, the Proposal is subject to, amongst others, the finalisation of the structure of the Proposal, the requisite funding for the Proposal and the required regulatory approval(s) for the Proposal.
THE COMPANY WISHES TO HIGHLIGHT THAT THE PRESS NOTICE ISSUED BY LTAT DOES NOT AMOUNT TO A FIRM INTENTION BY LTAT TO UNDERTAKE THE PROPOSAL. ACCORDINGLY, THERE CAN BE NO CERTAINTY THAT LTAT WILL PROCEED WITH THE PROPOSAL.
Please refer to the attached press notice by LTAT for further details.
SHAREHOLDERS ARE ADVISED TO EXERCISE CAUTION AND SEEK APPROPRIATE INDEPENDENT ADVICE WHEN DEALING IN THE BHB SHARES SINCE THERE IS NO CERTAINTY THAT LTAT WILL PROCEED WITH THE PROPOSAL.
We refer to the announcements dated 28 May 2020, 29 May 2020 and 26 June 2020 in relation to the Proposal (“Announcements”).
The Company wishes to announce that the Company had today received a press notice from Lembaga Tabung Angkatan Tentera (“LTAT”) informing that the Securities Commission Malaysia had, vide its letter dated 24 July 2020, approved LTAT’s application for an extension of time until 27 October 2020 for LTAT to announce its firm intention in relation to the Proposal.
Save for the above, there has been no material development in respect of the Proposal.
As highlighted in the Announcements, the Proposal is subject to, amongst others, the finalisation of the structure of the Proposal, the requisite funding for the Proposal and the required regulatory approval(s) for the Proposal.
THE COMPANY WISHES TO HIGHLIGHT THAT THE PRESS NOTICE ISSUED BY LTAT DOES NOT AMOUNT TO A FIRM INTENTION BY LTAT TO UNDERTAKE THE PROPOSAL. ACCORDINGLY, THERE CAN BE NO CERTAINTY THAT LTAT WILL PROCEED WITH THE PROPOSAL.
Please refer to the attached press notice by LTAT for further details.
SHAREHOLDERS ARE ADVISED TO EXERCISE CAUTION AND SEEK APPROPRIATE INDEPENDENT ADVICE WHEN DEALING IN THE BHB SHARES SINCE THERE IS NO CERTAINTY THAT LTAT WILL PROCEED WITH THE PROPOSAL.
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....
High5
1,269 posts
Posted by High5 > 2020-07-24 10:08 | Report Abuse
Gap up