bottomline is that, the share price will no longer hesitate to move up. The fund managers are all ready to buy buy and buy. You will see this happening this week and next week. Trust me, if you sell now you are selling cheap for the fund managers.
crawler, seems like you are close to the 'source' of the info :) so if the negotiation breaks down, will this be a catalyst for a drop/ further increase?
there're two different matters here: 1) 11 June EGM is for the disposal of 16 parcels of land worths RM97m and 2) 12 June is the deadline for sealing the Tanjung Piai contract
anbz RM96,952,363.20/79.49 acre = RM 1,219,680 per acre ... well not so suspicious ...good deal ...and the reclaimation deals would exceed AMMB target price which is RM 2.48 !!!
Hi Anbz, where do u get the info? can i understand it as if the deal go thru, the valuation of Benalec going to be exceeded rm2.48 per share? the RM96mil deal going to worth RM0.48 per share right? or any sifu and enlighten me?
if the publicity is good being covered by so many broking houses, then this share will be forced to go up as alot of investors/traders join in the tour to Mt Everise... hehehe,, good mar...
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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....
newboy
745 posts
Posted by newboy > 2013-06-05 10:19 | Report Abuse
opps, sorry. my earlier question refers to queue sell @RM1.70. If suspended and re-open with spot price of RM1.75, how is my queue matched?