Posted by fhis > 2014-09-03 03:28 | Report Abuse

and they still intend to keep it listed which is even good news...

Posted by fhis > 2014-09-03 03:29 | Report Abuse

MGO is just a regulatory formality...

Posted by chengyee > 2014-09-03 06:36 | Report Abuse

Good morning, What will happen now?

Posted by speakup > 2014-09-03 07:32 | Report Abuse

How can offer to privatise at much lower price than share price?

Posted by speakup > 2014-09-03 07:32 | Report Abuse

obviously main-main only

Posted by ysleong8 > 2014-09-03 09:24 | Report Abuse

Much lower than NTA 82 sen Siao one

Posted by fhis > 2014-09-03 16:08 | Report Abuse

euro euro...finally

Posted by fauzi91 > 2014-09-03 21:59 | Report Abuse

trio getting shares at low price. is it a good news? will the share price increase?

Posted by davidtheman > 2014-09-04 08:14 | Report Abuse

Absolutely. I have same idea with yiu fauzi

Posted by axis > 2014-09-04 15:14 | Report Abuse

some support to shore up the price. unsure if this is artificially created to reflect a higher than the MGO price

Posted by wonder > 2014-09-05 10:23 | Report Abuse

Time to lift the veil

Posted by bonescythe > 2014-09-05 10:26 | Report Abuse

This is take over offer, not Mandatory General Offer.

Posted by bonescythe > 2014-09-05 10:36 | Report Abuse

SYF say take over offer at RM 0.65.

Now, above RM 1.10..

Euro say take over RM 0.44.. Surely this is to scare some of the retail investor..
Later you will see price shooting up

Posted by bonescythe > 2014-09-05 10:38 | Report Abuse

Anything below RM 0.60 is a good deal

Posted by bonescythe > 2014-09-05 16:20 | Report Abuse

This time boom de la

Posted by smalltimer > 2014-09-05 16:27 | Report Abuse

come..come...liao

Posted by axis > 2014-09-06 18:40 | Report Abuse

The last 2 times heavy buying n prices being pushed up.. retailers r sucked into it n when the prices hit all time high of 65sen the 1st time n 7S enthe 2nd time the sharks sold their positions n tthe shares came tumbling down. .so folks be careful not being a sucker 3rd time around

Posted by axis > 2014-09-06 18:42 | Report Abuse

71sen the 2nd time

Posted by axis > 2014-09-06 18:44 | Report Abuse

Really seems like syndicate pushing shares high n drawing retail investors..then the throw price n make profits..

Posted by bonescythe > 2014-09-08 01:14 | Report Abuse

EURO - Unleash the Dragon
http://bonescythe.blogspot.com/2014/09/euro-unleash-dragon.html

Posted by carol717 > 2014-09-08 16:40 | Report Abuse

really good to buy?

Posted by wm1818 > 2014-09-09 09:57 | Report Abuse

There seems to be heavy road blocks ahead. even with such promising articles by bonescythe nothing has moved. no one knows exactly what is behind the corporate scene! extra caution is the game. buy low sell high. happy investing

Posted by hackathon > 2014-09-09 15:13 | Report Abuse

bonescythe, you have made excellent analysis on EURO holdings. Just one point to add that I find missing from your detail articles.
The emergence of Tee Wee Sien, who is a substantial >12% shareholder in Oxley Pte Ltd, in EURO Holdings recently gives very strong and significant indications of the speculations involving the 2 companies.

Posted by wonder > 2014-09-09 20:25 | Report Abuse

Hackathon lifted the veil...game on

Posted by fauzi91 > 2014-09-09 20:34 | Report Abuse

I hve question. A letter regarding share takeover offer reached my house. Wht would u guys do?

Posted by wonder > 2014-09-09 22:24 | Report Abuse

It was just a notice, not the actual offer. When you receive the offer letter in the coming weeks, just ignore it as I don't think you should accept the offer at hefty discounted price.

Posted by hocklai > 2014-09-09 23:20 | Report Abuse

you morons believe the boner??....he will fcuk you and leave you high n dry...you guys chase the stock...boner and the gang will unload all their holdings to you n cashout...

Posted by hocklai > 2014-09-09 23:22 | Report Abuse

you guys check the history...he bought at 0.44 in july....now sell to you at 0.64 or higher....fools..!!!

Posted by hocklai > 2014-09-09 23:23 | Report Abuse

the syndicates are actually you yourself the retailers chasing a crap stock high for boner to sell..

Posted by Dnngng > 2014-09-09 23:59 | Report Abuse

Pls do your homework. If you are the owner, will you sell at 37sen controlling stake for a mere 6m where you can reap much much more by holding on to the share. I don't think anyone will consider anything less than RM1.00 knowing very well that it worth more than that. The new owner played a very good strategy and too bad if we fell into their trap by selling cheap. Then we are really bloody fool!

Posted by hackathon > 2014-09-10 07:44 | Report Abuse

The 0.37 n 0.47 sens per share paid to founder n chairman were very suspicious. But there r certainly a lot of ways to do otherwise. If one were to accumulate shares just a week ago diligently, picking up a couple % of the shares to become a substantial shareholder in the company will not be difficult. And if you were to pick up from the date the founder reportedly sold his family stake, then you may well be one of the larger shareholders now. So if a founding family that had worked for decades to build up the company willing to let go at such artificial low price than what they can get in the market is not suspicious enough, we have a high profile director who has been with the company since its listing also willing to sell at such ridiculous low price when the market is about 25% higher, we should be wary of the corporate games being played behind the scene. Remember it is quoted by the new shareholder that they have intention to continue the listing status. They are looking to buy cheap!

Looking at the facts, injection of assets by the new shareholders look certain. In no way will the MGO be successful as it is only a manner for the PAC to report legally they actually have more than the 33%. With the emergence of Tee, this gives further credence to the fact that there will be strategic collaboration between Euro n Oxley. Dato Tong's private company has already collaborated with Oxley in a couple of ongoing projects namely Pepper Estate and Beverly Heights Ampang. With Oxley going for such large portfolio projects in malaysia especially the one in front of KLCC which was transacted at a record price of RM3,300psf, one shd wonder if this corporate game is not a prelude to RTO, especially when we now have Tee who emerges as a substantial shareholder recently.

All are public information with a bit of speculation taking cue of what bonescythe had written in his blog.

Posted by KIMI06 > 2014-09-12 14:05 | Report Abuse

go go more deep ....

Posted by wonder > 2014-09-12 15:43 | Report Abuse

Rise and shine

Posted by bonescythe > 2014-09-22 15:55 | Report Abuse

Matter of time only...

Posted by bonescythe > 2014-09-22 16:03 | Report Abuse

RM 0.44 x 2 = RM 0.88

Posted by bonescythe > 2014-09-22 16:03 | Report Abuse

This had been the trend recently.. Most recent one is TMCLife...
Offer RM 0.48.. Now break above

Posted by fukrai > 2014-09-22 16:03 | Report Abuse

Agreed. Slowly and steady, then shoot sky high...

Posted by Jet Lee > 2014-09-23 09:13 | Report Abuse

bone euro coming

Posted by bonescythe > 2014-09-24 15:25 | Report Abuse

TMCLife finish, then now should be Euro time?

Posted by bonescythe > 2014-09-24 15:45 | Report Abuse

Go go go.. RM 0.88

But first visit RM 0.70 first :D

Posted by Steven Lee > 2014-09-25 10:33 | Report Abuse

sleeping again

Posted by john95 > 2014-09-25 11:06 | Report Abuse

Up.up.up

Posted by axis > 2014-09-25 22:10 | Report Abuse

With the ongoing MGO offer, the shares may be trading sideways until the completion of the corporate exercise. Then as predicted by some fellow formers, the price is likely to explode.

Posted by carol717 > 2014-09-26 11:43 | Report Abuse

what is mean for MGO

Posted by axis > 2014-09-26 12:19 | Report Abuse

Mandatory general offer where shareholders r given the right to sell their shares to the major shareholders after he breaches one of the requirements of the takeover code. In this case was 33% ownership. But the price Tong n his gang supposedly paid to the previous major shareholders was at best a joke only meant to deceive the public. Judging from the NTA n the share prices being traded right now, it certainly seems so. In fact there were market rumors the purchase price were at least 20% higher than the NTA!! So now they r offering the 44sen to buy over the rest of the shares they don't own..which is the joke of the year..

Posted by axis > 2014-09-26 12:21 | Report Abuse

Think the market has seen thru their plans..thx to some who have reported key points that highlight their evil plans to deceive the public. That's y the share price has in fact increase when the notice of the MGO came out.

Posted by Zai Zai > 2014-09-26 14:16 | Report Abuse

1)The MGO are not target ikan bilis holder like us, if you already brought,remain calm and doing nothing
2)This 2 shark already increase their state from current 31.37 ->47.66% and now forcing the owner to sell remaining of the their share.
3)They plan remain listed in Bursa and inject property

Posted by Dnngng > 2014-09-26 17:04 | Report Abuse

Thanks Axis,
for your good info to the investors.
why don't we counter offer them at RM0.88 per share instead !

Posted by axis > 2014-09-28 21:23 | Report Abuse

U know Danngng, even Ur suggested RM.88/share is really a cheap buy if u take into account any revaluation gains u r going to get from the Cheras freehold land and it's potential development values. A mere gain of 8mil profits will enuf to increase the NTA/share by 10sen n u aint going to get just 8mil profits for such a prominently place n piece of development!! Even by re valuing it's value in accordance to the market price now will give u a revaluation gain of at least Rm5mil.

Besides if u study a little more in depth of its 3 freehold lands n office cum factories in the prime area of Rawang, then you will realise that non of these properties are revalued recently..a check thru the local agents will give you a revaluation gain of another may be RM0.20-0.30/share..and this is being very conservative..

BUT of course we r all not here to see what the real NTA / share of EURO aren't we.. We r all investing into EURO expecting another Eco World to happen..

So your generous offer of RM. 88/share is not so generous after all!

Posted by hackathon > 2014-09-29 06:56 | Report Abuse

Seeing the trading volume and pattern last week, it's going to be an interesting trading week ahead