brendonyeap, yours are just short term target :) for long term target with eps 36cents, pe 10x, the mother share will worth at least rm3.6, son rm1 conversion, should be around rm2.6-rm3 :) with merger in line, hold tight like ur wife right? :)
Brendon, btw personal opinion la i think rm3 is before the latest result out, with the latest result out the eps grows more than 100% over last year quarter result. Thus i think is rm4 :)
pjdec-wc still good to collect below 1.06. Strong fundemantel n good Q result and balancesheet. Promising result for short and mid term investment. Just advise...good luck.
The reason why there are people selling below RM 1 when the offer price is RM 1 is same reason why you are not buying the warrants now selling at 97 sen when the offer is RM 1
Example: I got 5000 share of PJD, right now OSK is offering RM 1.56 of 5 share to exchange with the new share of OSK Holding of RM 1.95 for 4 share.
Based on current price of OSK Holding (~RM2.2) then if the deal sucessfully approved by all the shareholder then PJD holder is enjoying the deal by exchanging the OSK price at RM2.2.
Moreover: May have free warrant of every 4 OSK share and special dividend of what I heard is 15 cents per share.
The future of new merging OSK Holding is very bright!!! Based on blog below:
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....
tan1868
787 posts
Posted by tan1868 > 2014-07-25 10:23 | Report Abuse
fantastic run!