Author Topic: What happened? HongLeong Group Privatised? PBB Oil ? Maxis?  (Read 1171 times)

Offline e.capitalist

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ANyone can share what is happening in our corporate market?
Why they want to privatise and delisting?
What happened?

Offline grahamsmun

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Re: What happened? HongLeong Group Privatised? PBB Oil ? Maxis?
« Reply #1 on: May 21, 2007, 12:28:32 AM »
Bcos it is profitable for them to do that.
The chance of them getting the reqn acceptance is good.
Getting financing at good rates to that is available.

Offline earwax

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Re: What happened? HongLeong Group Privatised? PBB Oil ? Maxis?
« Reply #2 on: May 21, 2007, 01:50:39 AM »
Isn't this suppose to happen when the market is down rather than up?  ???

Does this mean that many KLSE stocks are still undervalued?
Right beside every great brain there is... Earwax! :)

Offline grahamsmun

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Re: What happened? HongLeong Group Privatised? PBB Oil ? Maxis?
« Reply #3 on: May 21, 2007, 08:40:41 AM »
Mkt two has a two-tier face now
GLC & Bluechip-                        PE 17-28 times
Small Cap & Midcap                   PE 6-12 times
Hong Leong Group of Co             Pe 9-16times

There are still alot undervalue stocks