FY 2017 Q1 and Q2 Yeelee recorded low profit. For Q1 and Q2 2018, if it is business as usual, they can easily report > 100% growth in quarterly EPS. This is a trading opportunity.
very good company but badly valued by the market. The major shareholder made the right decision. Next is OKA? Since there are some common shareholders.. based on their latest annual reports available.
Bad deal to existing minority shareholders. T4Q NAPS is RM3.29 and your are offering at 2.33? what a joke!!! Major shareholders is buying at 30 % discount from minority shareholders at the price of RM2.33. everyone should reject this deal.
tis boss is stupid, if he got so much cash to buyback the shares, if i was him i will use that money pull the share price up to rm6 then dispose all the shares to retailers and press down the share price to rm1.5 and then delisted the company.
old man old ard doesnt know how to make more money... if them want money i can consult the company. All the directors of company just stting there where are their brain?
SC should come out with the ruling that if any of the major shareholders want to take its listed company private, it should be xx% of premium from its NTA or the last 5 days trading average price, which ever is higher. This is to protect minority shareholders / investors from being rip off by major shareholders.
This offer is not conditional upon any minimum level of acceptance. Meaning, they will accept any shareholders' acceptance, with the intention to increase their stake in the company. If the acceptance is not more than 90%, there wont be any mandatory de-listing like what going to happened to Kian Joo.
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....
monkeyinvestor
1,262 posts
Posted by monkeyinvestor > 2018-01-20 12:48 | Report Abuse
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