1. IGBREIT - Scalp on this guy twice today. All realised 1sen profit. ^^ Bought in 1.36 and sold at 1.37.
2. QCAPITA - Bought more at RM1.18. ^^ Dividend too good to be ignored. ^^ Wish me luck.
3. Watchlist - IGBREIT, QCAPITA, CARLSBG, TMS, MKLAND, ACOSTEC.
4. alwayswin, thanks for the cautious reminder.
5. ck5354, thanks for the video clip.
6. All regional doing better than KLSE :(. Somehow GE really affect the sentiment of our bourse.
7. Good Luck. Trade carefully as advised by alwayswin. ^^
PBBANK declared 30sen dividend. ^^
ReplyDeletehng,
ReplyDeleteGood luck to your mbf. ^^
Hng,
ReplyDeleteYou still hold ccm or cut loss already?
Thanks
hello guys,
ReplyDeletewhat does *S means in bursa web trading system?
thanks.
S mean suspended
ReplyDeleteDescription
ReplyDelete:
MBf Holdings Berhad (“MBfH” or the “Company”)
Receipt of Notice of conditional take-over offer
Attachments
:
Notice-Conditional take over offer.pdf
Announcement Details/Table Section :
The Board of Directors of the Company (“Board”) wishes to announce that the Company has today received a notice of conditional take-over offer (“Notice”) from Hong Leong Investment Bank Berhad (formerly known as MIMB Investment Bank Berhad), on behalf of Tor Private Limited, Nadin Holdings Sdn Bhd, Impact Action Sdn Bhd and Market Share Investments Limited (collectively referred to as the “Joint Offerors”) on the Joint Offerors’ intention to acquire the following:
(i) all the remaining ordinary shares of RM1.00 each in MBf Holdings Berhad (“MBfH Shares”) which are not already owned by the Joint Offerors;
(ii) all the remaining warrants 2003/2013 (“Warrants”) not already owned by the Joint Offerors (“Offer Warrants”);
(iii) all the new MBfH Shares which may be issued prior to the closing of the Offer arising from the exercise of the outstanding Warrants;
(iv) all the outstanding Class A United States Dollar denominated redeemable convertible secured loan stock (“RCSLS”) not already owned by the Joint Offerors (“Offer RCSLS”); and
(v) all the new MBfH Shares which may be issued prior to the closing of the Offer arising from the exercise of the outstanding RCSLS.
for a cash consideration of RM1.50 per MBfH Share, RM0.50 per Offer Warrant and RM4.64 per Offer RCSLS.
The Board does not intend to seek an alternative person to make a take-over offer for the Offer Shares.
A copy of the Notice is attached herewith. The Notice will be posted to the shareholders of MBfH within 7 days of its receipt.
This announcement is dated 6 February 2013.
Hng
ReplyDeleteOnce MBF privatize at current level of Rm 1.50. How about dividend ? Thanks
Derick
ReplyDeleteUnless complaint by minority shareholders,dont think there will be any dividends or special dividend. Eonbank paid special dividend which agreed by HLB after some shareholders not happy with price offered
Missed MRCB at 1.22 yesterday and again today
ReplyDeleteAll-Any comments on MRCB?
Any dividend payable by MBF will be deduct from offer price. Perhaps, MBF will declared franked dividend of 40sen (30sen nett), but the offer price will adjust downward 30sen
ReplyDeleteMarket just briefly slump below 1600 pts, now already pare down loss, perhaps may even return into positive
ReplyDeleteAgree with Hng.High possible market will turn positive today
ReplyDeleteHng/Teng
ReplyDeleteThanks. I also monitoring MRCB. For me not at the moment yet.
Hi Hng,
ReplyDeleteSorry for my stupid question....
I am a newbie...
MBF said last time that they planned to pay out dividend of RM1.
And now the CEO wants to take the company private for RM1.5.
So if he takes over the company and does not pay the RM1 dividend, would he be more beneficial than a year ago with offer of RM0.65?
RM1.5- RM1= RM0.5 which is much lower than his offer of RM0.65 a year ago?
Appreciate your comments. :)
Sold off all MBF at 1.50
ReplyDeleteHng
ReplyDeleteCongratz on your MBFH
Why people want to buy at 1.50?End of the day,they will get 1.50. Unless they hope offer price will be revised upward
sold all MBF@ 1.50
ReplyDeletethe offer for MBFHLDG is at RM1.50, why some still willing to pay RM1.51 for it?
ReplyDeletesold all mbf at 1.48
ReplyDeleteYTL 1.56 and YTLPOWER 1.53
ReplyDeleteDifferent 3 cents nia.
Will it declare privatization????
I think Tan Sri is accumulating more MBF at 1.48-1.50, to increase further its stake to exceed 90%, compulsory acquisition.
ReplyDeleteEric Kang
ReplyDeleteThis is the advantage of being major shareholder, Tan Sri know very well MBF worth, but market ail to recognize it. That why he offer just 65sen in 2010, 28% premium to market price at that time of about 52sen. But, minority reject the offer
Now, market price already at 1.20, again Tan Sri offer 25 premium in a bid to privatize it again at 1.50
Sold all MBF at Rm 1.50
ReplyDeletehng
ReplyDeletebit disappointed offer price not even close to your estimate of 1.70-2.00. Tan Sri knows his maths well.
bought more muhibbah @81.5
ReplyDeletecheeheng
ReplyDeleteUnless, all minority corporate again and press pressure on MBF management, to at least declare special dividend without the need to adjust offer price.
Bursa issue UMA to CAP, for its sudden slumping in share price !?
ReplyDeleteshare slump and share surge also query by bursa !?
I think with UMA, if nothing adverse news from management, CAP share price should be stabilize for now on and may rebound afterward
Hng plan to go in 2nd round for CAP???
ReplyDeleteKLCI turn positive jor
ReplyDeleteIndex already turn positve. Damn fast
ReplyDeleteWCT-wb in discount again???
ReplyDeleteSomething wrong with FTSE Index?+2.80 for past 15 mins on my Maybank IB portal
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteck5354
ReplyDeleteCAP, lesson learn yesterday. no more risking stock.
Congratz to all on mbf
ReplyDeleteMBF -sold remainder at 1.50 this morning; thanks again; 888
ReplyDeleteTQ Hng for your comment...
ReplyDeleteHappy CNY to all here! 888!
Kamsia Teng for ytlpower.
ReplyDeletehttp://ck5354.blogspot.com/2013/02/kamsia-teng-for-ytlpower.html
YTLP may first time in a year trade higher than YTL
ReplyDeleteHng
ReplyDeleteIf YTLcorp < YTLP,then it may be share+cash. If YTLP can dispose power unit to 1MDB,then it can pay special dividend,then 1:1 share swap
ytlpower is matching ytl price now.
ReplyDeleteANytime announce or what????
What is francis yeoh doing???
ck,
ReplyDeleteyou'll have 2 join his house of prayer b4 listen 2u ;p just joking hahaha 888
CNY mood already.
ReplyDeleteNo mood to kerja.
He he he.
amedia, anyone?
ReplyDeletetransfer to mainboard all ready & set; just waiting for GO ...
I am still keeping, price at 0.215
ReplyDeleteCNY rally begins?
ReplyDeleteBought YTL at 1.56-1.57, hope these time there will be share buyback to push up share price
ReplyDelete