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Malaysia's Biggest Investment Forum > Stock Markets > KLSE (Moderators: ringgityen, Laughing Gor) > Affin planning to take over EON Cap?
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Author Topic: Affin planning to take over EON Cap?  (Read 329 times)
special_situation
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"Peter Lim - No.1 Investor in Singapore"
« on: March 12, 2010, 02:24:15 PM »
As the tussle for control at EON Capital (EON Cap) simmers on, Affin Holdings, the parent company of Affin Bank Bhd, may be gearing itself to launch a takeover of EON Cap. Unfazed by criticisms of it being among the smallest banking groups in Malaysia, Affin Holdings is confident of its improving financials and the fact that it has not raised its tier-2 capital indicates that it may be timely to do so. (StarBiz)


Any Good Comments from our associate/professiona investor about Affin bank's management team and some insider information?
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« on: March 12, 2010, 02:24:15 PM »
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a6meister
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« Reply #1 on: March 12, 2010, 02:31:41 PM »
is that mean, it is now the time to put in al money into AFFIN ?
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sohkeong
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« Reply #2 on: March 12, 2010, 02:37:59 PM »
lol~~ this is what we call ," act pig eat tiger" .. let see how the game goes. 1st Hong leong , then mulpha.. now affin~~
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OlangTua
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« Reply #3 on: March 12, 2010, 03:07:25 PM »
i think this is possible.
Hong Leong can indirectly goes into EON afterall.
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O-L-A-N-G * T-U-A
OlangTua
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« Reply #4 on: March 12, 2010, 03:08:08 PM »
but the question is whether board of Affin agree to buy and how they get the funding to acquire
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O-L-A-N-G * T-U-A
special_situation
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"Peter Lim - No.1 Investor in Singapore"
« Reply #5 on: March 12, 2010, 03:19:05 PM »
Can Borrow from EPF. For GLC only Smiley

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Objectives
1.Never Lose, Always Win on our stock selection
2.> 20% return on invested capital on Bear/Bull Market
3.Alternative Derivative to get extremely a lot cash pool to bet against Mr. Market's Panic and Fear.
followme
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« Reply #6 on: March 12, 2010, 03:27:28 PM »
It is a sad news indeed.

Affin is soo small,
Can't even manage Ownself Well.
Now somemore wana buy other bank.
SOmemore want to pinjam Money? from Who? EPF = Our Money
Pinjam our money to buy EON?
Mind your own business la.
Until You an be as efficient as international bank.
Then Expanding your business is a good plan.
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OlangTua
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« Reply #7 on: March 12, 2010, 03:44:47 PM »
Quote from: followme on March 12, 2010, 03:27:28 PM
It is a sad news indeed.

Affin is soo small,
Can't even manage Ownself Well.
Now somemore wana buy other bank.
SOmemore want to pinjam Money? from Who? EPF = Our Money
Pinjam our money to buy EON?
Mind your own business la.
Until You an be as efficient as international bank.
Then Expanding your business is a good plan.




Good point Laugh Laugh Laugh
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O-L-A-N-G * T-U-A
special_situation
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"Peter Lim - No.1 Investor in Singapore"
« Reply #8 on: March 12, 2010, 04:30:01 PM »
Quote from: followme on March 12, 2010, 03:27:28 PM
It is a sad news indeed.

Affin is soo small,
Can't even manage Ownself Well.
Now somemore wana buy other bank.
SOmemore want to pinjam Money? from Who? EPF = Our Money
Pinjam our money to buy EON?
Mind your own business la.
Until You an be as efficient as international bank.
Then Expanding your business is a good plan.



It happen just like US Tax Payer's bailout. Too big to fail, ok? GLC is always too big to fail !
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Objectives
1.Never Lose, Always Win on our stock selection
2.> 20% return on invested capital on Bear/Bull Market
3.Alternative Derivative to get extremely a lot cash pool to bet against Mr. Market's Panic and Fear.
Malaysia's Biggest Investment Forum
   
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