I think someone here know some privilege information about this counter. Perhaps its true that it's related to Linde and Siggas. Star paper only published the above article yesterday and already someone knew , commented that "banker are finalising the Linde's proposal" and then now deleted those comments. :) With the volume and price spiked , i think something is really brewing between Linde and Siggas. News already leaked out, just not to us. It makes more sense for Linde to take over Siggas to expand their business.
As mentioned previously and confirmed by The Star yesterday, once RAPID project is secured by Linde, anything is possible. As for what price, your guess is as good as my guess. Given the unstoppable trend of share price, i think it is not too far off to say the price can stay above RM1 easily.
Linde is known to acquire companies they see fits to their portfolio. As said, it's just a drop in the ocean for them (the acquisition) . The question is at what PRICE ? They got to offer something the board willing to let go and propose to shareholders.
The Board of Directors of SIG Gases Berhad ("the Company") wishes to announce that all the resolutions as set out in the Notice of the 8th Annual General Meeting ("AGM") dated 26 April 2017 were passed by the shareholders of the Company. The results of the poll, which has been verified by Independent Scrutineer, All-In Worldwide Sdn. Bhd. is attached for reference.
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....
Markus S
103 posts
Posted by Markus S > 2017-05-17 09:42 | Report Abuse
I think someone here know some privilege information about this counter. Perhaps its true that it's related to Linde and Siggas. Star paper only published the above article yesterday and already someone knew , commented that "banker are finalising the Linde's proposal" and then now deleted those comments. :)
With the volume and price spiked , i think something is really brewing between Linde and Siggas. News already leaked out, just not to us. It makes more sense for Linde to take over Siggas to expand their business.