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Author Topic: What happened? HongLeong Group Privatised? PBB Oil ? Maxis?  (Read 1253 times)

Offline e.capitalist

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What happened? HongLeong Group Privatised? PBB Oil ? Maxis?
« on: May 20, 2007, 11:00:47 PM »
ANyone can share what is happening in our corporate market?
Why they want to privatise and delisting?
What happened?
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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.
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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?
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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
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