Posted by calvintaneng > 2018-08-27 22:10 | Report Abuse

Apolloang,

All these are candidates for privatisation

TA
INSAS. When boss got enough money.
EKSONS
TALAM
MPHBCAP. AFTER SURIB TOOK MWE PRIVATE
HEXZA
GUH
ECS ICT
L&G
COMPLETE LOGISTIC
TDM
JTIASA
WTK
CBIP
KWANTAS
MUI BHD
BJ CORP.

Posted by TheContrarian > 2018-08-27 22:11 | Report Abuse

The RM3 offer is not cast in stone, can be revised up if response is not expected to be good.

Posted by joetay14 > 2018-08-27 22:13 | Report Abuse

hard to say as well, bro thecontrarian.

jb property market shld be entering into a deeper slump soon. so maybe there will be plenty of retailers taking this offer.

Posted by apolloang > 2018-08-27 22:14 | Report Abuse

ken also a candidate since daiman director said the stock volume is very low same as ken

Posted by TheContrarian > 2018-08-27 22:16 | Report Abuse

It depends on how badly the directors want to take Daiman private.

Posted by TheContrarian > 2018-08-27 22:17 | Report Abuse

Ken has material litigation.

Posted by calvintaneng > 2018-08-27 22:17 | Report Abuse

Duta Yap holding cost more than Rm1.00

So wait lah

At least no stingy lah

5 sen divvy given

Few days more another 5 or 10 sen divvy again?

Warren Berkshire also never ever give any dividend

So Dutaland ok lah!

Posted by joetay14 > 2018-08-27 22:17 | Report Abuse

i didnt really look at daiman's financials, bro thecontrarian.

if daiman is in a strong net cash position, then the directors will be very interested to take it private.

otherwise, there will be no point unless they have some good project coming up.

Posted by TheContrarian > 2018-08-27 22:21 | Report Abuse

It's privatisation by way of capital repayment to minorities. They are using Company's own funds to buy out minorities.

Posted by apolloang > 2018-08-27 22:22 | Report Abuse

bro contrarian how many times must I explain to u,ken material litigation is no big deal

Posted by apolloang > 2018-08-27 22:27 | Report Abuse

eksons I no miss also,whole day done 5 lots only,if buy also cannot sell one no use.can up also no want.no volume stocks even I buy I will not buy much

Posted by TheContrarian > 2018-08-27 22:30 | Report Abuse

If similar attempt to take Eksons private it will go limit up.

Posted by joetay14 > 2018-08-27 22:31 | Report Abuse

if using own company's fund, then is real interesting as to the intentions of the directors.

maybe after buyout, the company coffer still have money left.

Posted by TheContrarian > 2018-08-27 22:39 | Report Abuse

The privatisation will be financed by some financial institutions for sure as the Company doesn't have RM300 million to pay all the minorities. The objective of the directors is to break up the Company and then sell off the properties piecemeal perhaps to other developers. The sum of parts should fetch in excess of RM5 per share.

Posted by Jeffreyteck > 2018-08-28 03:14 | Report Abuse

TP 2.85.

Posted by contrarian > 2018-08-28 04:10 | Report Abuse

How abt QR? Last qtr lousy and until today why still not release?

Posted by apolloang > Aug 27, 2018 10:22 PM | Report Abuse
bro contrarian how many times must I explain to u,ken material litigation is no big deal

Posted by dompeilee > 2018-08-28 08:52 | Report Abuse

Open already limit up(2.82)

Posted by Jeffreyteck > 2018-08-28 08:58 | Report Abuse

Suppose to have bonus issues, TP should be higher than $3 then.

Posted by dompeilee > 2018-08-28 09:29 | Report Abuse

Not a single share transacted! None of the current shareholders(incl me, who was locked up in a paper loss for 3 years but can run now) wants to sell!

Posted by dompeilee > 2018-08-28 09:58 | Report Abuse

Oops...175,300 shares decided to run LOL

Posted by jordanmaggie61 > 2018-08-28 10:03 | Report Abuse

Yahoooo ! Good profit tho, can spend more already kikiki

Posted by apolloang > 2018-08-28 11:04 | Report Abuse

bursa tipu.....8.30am cannot key in this stock at limit up to buy......start the quote at 8.35am.key in at 8.30am kena rejected.if wanna down sure get lo,if later wanna up cannot key in

Posted by Lim Tek Wai > 2018-08-28 11:13 | Report Abuse

Time to collect profit, hehehe thanksss

Posted by callmeSugarDaddy > 2018-08-28 11:27 | Report Abuse

limit up woh.....

Posted by Hoi App > 2018-08-28 11:54 | Report Abuse

Later cancel privatisation plan.
All gg.com ?

Posted by dompeilee > 2018-08-28 14:58 | Report Abuse

Lim Tek Wai & jordanmaggie61 = members of the KUKU nuts club lol

Posted by dompeilee > 2018-08-28 20:21 | Report Abuse

Those who bought between May & Nov '14 all cannot make $ despite takeover lol

Posted by Jon Choivo > 2018-08-28 20:28 | Report Abuse

Average down yo hahaha.

But probably should take up the offer, too low. Around Rm4.5 to 5 is fine.



Posted by dompeilee > Aug 28, 2018 08:21 PM | Report Abuse

Those who bought between May & Nov '14 all cannot make $ despite takeover lol

Posted by lizi > 2018-08-28 21:19 | Report Abuse

like every week buy lottery, hoping one day will hit jackpot....after few years really kena, it may not be jackpot but consolidation prize....


dompeilee Those who bought between May & Nov '14 all cannot make $ despite takeover lol
28/08/2018 20:21

Posted by Fabien Extraordinaire > 2018-08-28 21:22 | Report Abuse

price 2.82
offer 3.00

arbitrage play?

Posted by 5354 > 2018-08-29 04:18 | Report Abuse

At least Daiman boss is good to privatise at 38% premium how abt other listed ctrs?

Posted by dompeilee > Aug 28, 2018 08:21 PM | Report Abuse
Those who bought between May & Nov '14 all cannot make $ despite takeover lol

Posted by TheContrarian > 2018-08-29 04:47 | Report Abuse

Usually the more thinly traded, the higher the premium. For heavy volume counters, there's hardly any premium like in TA Enterprise.

Posted by iphone4 > 2018-08-29 11:26 | Report Abuse

Asset backing is RM5+ and taking it private at RM3.00 is already at a big discount. Plus in the revaluation of its land bank property , the Offeror made a big killing.

Posted by value_man > 2018-08-29 15:26 | Report Abuse

Arbitrage Play:
Offer Price: RM3.00
Dividend: RM0.05
Current Price: RM2.82
Profit: 3.05-2.82 = 0.23
Yield: 0.23/2.82 = 8.2%

Posted by hoplanner > 2018-08-29 19:45 | Report Abuse

Iphone4, Stock mrkt eat people, by big shareholders. See what happened to Hunza some yrs ago, now MWE. Soon Insa

Posted by apolloang > 2018-08-29 21:18 | Report Abuse

soon ken not insas cos u mention daiman and hunza,both of them in property sector same like ken,insas not a property stock

Posted by enid888 > 2018-08-29 21:47 | Report Abuse

Pls read the following report from Public Investment bank dated 17/6/2014 to see what is the real net book value of Daiman. Public investment Bank gave a fair value of RM7.79 per share. You compare the offer price of RM3.00 to RM7.79 per share and see how much the offerors are going to make.

http://www.bursamarketplace.com/mkt/tools/research/ch=research&pg=research&ac=53009&bb=34262

Posted by apolloang > 2018-08-29 21:51 | Report Abuse

that time public also wrote about SAB

Posted by enid888 > 2018-08-29 22:00 | Report Abuse

The following is the extract from the Public Investment Bank report on Daiman. See for yourself, how much the investment community has overlooked Daiman.

" Huge potential value to be unlocked.

The group owns about 2,965 acres landbank in Johor spanning across Kota Tinggi (2,645 acres), Tebrau (118 acres), Plentong (158.3 acres) and Senai (43.9 acres).

The most interesting part is its 103.7-acre golf course land in Plentong, which sits on commercial land status with a book value of RM7.20 psf. Management has indicated there is a plan for redevelopment but will only start looking into it after the completion of the JV project as it wants to see an increase in traffic volume and business activities from the mixed development. Based on the transacted price with the JV partners, the land is now worth around RM140 psf.

In Kota Tinggi, it has about 2,458 acres, which has been approved for mixed development, is sitting on book value of RM2 psf. Based on the market value of RM10-RM15 psf, we believe it is worth at least RM1bn.

All-in, we think its land bank and properties in Johor stand at market value of not less than RM2.5bn, which is a far cry as compared to its current market capitalization of RM598m."

Posted by enid888 > 2018-08-29 22:02 | Report Abuse

Yes, apolloang, Public also wrote about SAB during that time.

Posted by enid888 > 2018-08-29 22:39 | Report Abuse

I would like to suggest to KYY, quietly accumulate the shares of a good undervalued target property counter, make a general offer to privatise the target company at an appropriate time. He may make a few hundred percents in a few months time.
After that, he can either choose to sell the properties away piece by piece or even relist the company with the lands and investment properties revaluated to market prices.

Posted by prudentinvestor > 2018-08-30 09:30 | Report Abuse

The relevant authorities must not approve this privatisation exercise as it will result in our country losing hundreds of millions to foreigners.

Posted by RVI123 > 2018-08-30 12:08 | Report Abuse

For a general offer, the authority shld requires the assets of the company to be revalued so that it will be fair and transparent to all the shareholders (both substantial and minorities).

Posted by Jeffreyteck > 2018-08-31 11:29 | Report Abuse

Our authority only bother about its bottom line, high trading volume is good.

Posted by Richest > 2018-09-14 14:27 | Report Abuse

RM 4

Posted by Richest > 2018-09-14 14:28 | Report Abuse

RM 4

Posted by Jon Choivo > 2018-11-01 21:01 | Report Abuse

Don't sell loh, below 90% cannot CA.

Posted by calvintaneng > 2018-11-06 23:00 | Report Abuse

Properties held by
Daiman Development Berhad
PTD 49317 - 49682*
PTD 56436 - 56459
PTD 62111 - 62113
PTD 62361 - 62369
Taman Johor Jaya, Mukim of Plentong
District of Johor Bahru, Johor Darul Ta’zim
32 lots of residential
land for development
12 lots of vacant land
- Freehold 1.05 acres

Rm19,000

Attention Sifu Jon Choivo

Note:

Daiman has 44 lots of lands in Tmn Johor Jaya.
Total 1.05 acres (all freehold)

Book Value (Refer to latest annual report

is only Rm19,000

So to get price psf

1.05 x 43,560 sf ft = 45,738 sq ft

Now for Rm psf

Rm19,000 divides by 45,738 = 41.59 sen

to round it up

42 sen psf

What is the curent asking price for land in Tmn Johor Jaya?

Refer to propertyguru

Jalan Teratai 33 Tmn Johor Jaya land adverised for sale at Rm100 psf

See

https://www.propertyguru.com.my/property-listing/johor-jaya-teratai-for-sale-by-ck-lau-27536054?ref=ls%7C%7C4%7C3

Posted by calvintaneng > 2018-11-07 22:14 | Report Abuse

Daiman = Diamond

Others are

TA ENTERPRIZE
INSAS
EKSONS
GUH
ECS ICT
MPHBCAP
TALAM
KWANTAS
JTIASA
HARNLERN
CSCSTEEL

SO MANY GOOD STOCKS GOING CHEAP

Posted by Syndicates > 2018-11-15 22:23 | Report Abuse

be aware, offer price cum dividend should be 3.05. 3.00 is after ex-dividend price.