There's no announcements in Bursa, only saw in newspaper HDBS is selling their business after the founder passed on. Big names in Malaysia financial sector expressed interest.
Thats what the papers say, still waiting for official announcement by HDBS on hu is the successful bidder to buy over this firm. But since 7th march, its been moving up quite steady. But wat we know for sure is that HDBS is definitely up for sale.
Making the headlines in today's financial daily.. Deals will be strike between 1.3-1.6bil to take over HDBS! Lets see how the market reacts on this counter. AMMB n Affin left in the acquisition.
Will jus have to wait for nxt week to see if the deal is done. I dont know whether i shud jus cash out the winnings N ply safe or jus wait n wait till it jump?
Hopefully..if u look mkt today..foreign start throw their holding on maybnk, digi, axiata n bat..the price drop on top..4.50pm..issue take private still silent until bnm give green light.
They keep on repeating on what they had already commented again and again.. Come on.. Finalize the deal aready and post some new news that we dont know. Lol
lol, they have nothing to post afraid the share might go lower cepat cepat post some news in EDGE online.. They posted it around 4pm today, nothing much.. Lets see wat happens tomorrow.. besides Div so dam low im afraid might not be attractive to investors.
Ya Affin and AMMB is really keen on buying over. How long will this BNM takes? Its been few week already. LOL it went up 13sen.. n now sliding back down
acquisition normally wont affect the one buying over in the short run, maybe in the long run. Lets jus hope BNM settle it by this week! RM4 is quite low for this counter. the only one hu din shoot after GE, every other counter went down and continue shooting up
AMMB Holdings Bhd expects to complete its due diligence on the proposed acquisition of the investment banking business of Hwang-DBS (M) Bhd in the next two weeks (Kinibiz)
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....
messiBarca
598 posts
Posted by messiBarca > 2013-01-31 15:19 | Report Abuse
what happen this stock? nobody know?