Well... about 3.50 per share... would appear to be a win for TRIplcs shareholders... ok reasonable ok fair.... based on jaylohs writeup... and the recent market price...
But... more importantly...for this RPT deal to go thru... it must be a win to PUNCAKs MI....
Is it a win for PUNCAKs MI??
240m.. 3.50 per share... errr... how to put it?? Considering there are a lot of angry MI in PUNCAK due to its very low market price... and Rozali is not doing anything about it... instead is trying to do this RPT deal to selfishly unlock value for himself... r°Moi would say there must be at least a 30% discount to FV... to appease PUNCAKs MI.... for them to say yes...
So.... is your TPIplcs FV 5.00??
chonghai r°Moi If I can have the whole company, I will pay 240 MILLION. I bet you too. Problem we will not be able to get control of the company. Puncak can.
The Board of Directors of Puncak wishes to announce that the Company had on 30 June 2016 subscribed for six thousand (6,000) new ordinary shares of RM1.00 each, representing 60% equity interest in Aspen Streams Sdn Bhd (Company No. 1180557-M) (“ASSB”) at a total cash consideration of RM6,000.00 only (“Shares Subscription”).
With the Shares Subscription, ASSB has become a 60% owned subsidiary of Puncak on 30 June 2016.
For full details of the announcement, please refer to the attached file.
Yes.. MI deserve to be cheated... if all they do is... to lament... to complain... to condemn... to curse... to blame others..... but when the time come.... to stand up and be counted..... they just say.... what can I do... Rozali is so experienced and a lawyer too...
Parkson , hi very happy see you again, and if you dont mind can assk you still confidence on Parkson ah ? I still have 10 lots of parkson @ 1.00 since last year .very sad to see parkson hit 0.795, I cannot imagin also ?
i think most of u ve taken d spec div $1, $3 after x become $2 what happen now $1. i told many of my friends dont buy this shares before d div. dont get con
No big players aiming this stock and nobody is getting conned. Those who invested this counter, have profited from this counter. Myself too. So, either u buy/speculate/invest/contra, it's all individual.
when share price is below (especially so much like Puncak now) net cash per share, I would prefer share buy back before venturing into any new business, M&As, or special dividend... So, I will vote NO to any venture or M&A but keep quite about special dividend.
What would happen to the share price of Puncak when Rozali announces the deal at RM 4 per share fir acquiring Triplc? It doesn't matter whether the deal on or off in the end. Rozali is still able to enjoy earning money even though the deal not pass through in the EGM. To him is simple.....either buy more shares of Puncak at cheaper price or cash out Triplc.....
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....
Roger123
1,821 posts
Posted by Roger123 > 2016-06-28 21:58 | Report Abuse
Worried tat price for puncak will get heart attack again, once the take over price revealed. Hahaha