I suspect the earlier story was planned in mind to increase the 47% held by scomi. Watch the space for large charges by market or deal marriage if this is true
The company currently has an order book of over RM1.3 billion and is bidding for four jobs valued over RM1.2 billion in Myanmar, Thailand and Indonesia.
and recently not forgetting that they added one job from pertamina. get use to BV heaviness!
When is the proposed acquisition of the assets by smb taking place? Market will be flooded with more smb shares... Valued at rm 0.47. That's a premium from current price... So got legs to move up?
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....
pathew
2,028 posts
Posted by pathew > 2012-10-17 09:29 | Report Abuse
laughing, how did you come to that conclusion?