Author Topic: KARABUNAI N PTG TIN  (Read 1639 times)

Offline king

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KARABUNAI N PTG TIN
« on: April 29, 2016, 08:24:49 AM »



财经  2016年04月28日
曾立强出手全面献购 八打灵锡 嘉兰汶奈除牌

(吉隆坡28日讯)丹斯里曾立强全面献购(MGO)八打灵锡(PTGTIN,2208,主板產业股)及嘉兰汶奈(KBUNAI,3115,主板產业股),收购代价分別是24仙及5仙,无意保留上市地位。

身为八打灵锡总裁曾立强,在週四在场外以每股24仙收购1亿3324万股八打灵锡股票或佔缴足资本约38.50%股权,將股权从原本的26.54%提升至65.07%,触法全面献购条例。

因此,该公司宣布曾立强会以每股24仙的代价收购八打灵锡。相比最新闭市价24.5仙,献购价格折价2.04%。至於脱售该批股票的股东可能是第2大股东--Emden Investment,目前持有公司的1亿零15万股或30.98%股权。

与此同时,曾立强也对嘉兰汶奈提出全面献购,收购后者剩余的18亿2185万股股票或31.54%股权,以及6亿9496张凭单,相等於总发出凭单的68.47%。

该公司提出以每股5仙及2仙,收购嘉兰汶奈母股股票及凭单,相比周四母股5.5仙闭市价,折价9.09%;对比凭单1.5仙闭市价,则溢价33.33%。

根据八打灵锡及嘉兰汶奈文告指出,献购方並无意维持2家公司的上市地位。

Offline CurryLee

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Re: KARABUNAI N PTG TIN
« Reply #1 on: April 29, 2016, 08:43:06 AM »
revise offer to 10 sen soon for Karambunai!  :D
malimalimaliongongongnotongchefbutishua thuatong

Offline yeptw

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Re: KARABUNAI N PTG TIN
« Reply #2 on: April 29, 2016, 10:09:33 AM »
buy?  8) :D

Offline king

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Re: KARABUNAI N PTG TIN
« Reply #3 on: April 29, 2016, 10:14:36 AM »


SELL AT 5 SEN

Offline CurryLee

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Re: KARABUNAI N PTG TIN
« Reply #4 on: April 29, 2016, 10:19:08 AM »
No point to sell at 5 sen coz boss buying at 5 sen....no point to sell at 4.5sen becoz boss buying at 5 sen...... Very clever.....hehehehe....just watch the show... :clap:
malimalimaliongongongnotongchefbutishua thuatong

Offline king

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Re: KARABUNAI N PTG TIN
« Reply #5 on: April 29, 2016, 10:19:44 AM »



KARAMBUNAI TUMBLES 18.18% AFTER PRESIDENT OFFERS BUYOUT
admin | April 29, 2016
KUALA LUMPUR (April 29): Shares of Karambunai Corp Bhd (KCB) tumbled 18.18% in thin trade this morning after its long term president Tan Sri Dr Chen Lip Keong  offered to buy all the remaining ordinary shares of KCB at 5 sen per offer share and all the remaining outstanding warrants of KCB at 2 sen per offer warrant.
At 9.20am, KCB fell 1 sen to 4.5 sen with 20,000 shares done.Categories: Latest NewsCorporate
Source: The Edge

Offline CurryLee

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Re: KARABUNAI N PTG TIN
« Reply #6 on: April 29, 2016, 10:25:10 AM »
 :D  :D


KARAMBUNAI TUMBLES 18.18% AFTER PRESIDENT OFFERS BUYOUT
admin | April 29, 2016
KUALA LUMPUR (April 29): Shares of Karambunai Corp Bhd (KCB) tumbled 18.18% in thin trade this morning after its long term president Tan Sri Dr Chen Lip Keong  offered to buy all the remaining ordinary shares of KCB at 5 sen per offer share and all the remaining outstanding warrants of KCB at 2 sen per offer warrant.
At 9.20am, KCB fell 1 sen to 4.5 sen with 20,000 shares done.Categories: Latest NewsCorporate
Source: The Edge
malimalimaliongongongnotongchefbutishua thuatong

Online iiinvestsmart

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Re: KARABUNAI N PTG TIN
« Reply #7 on: April 29, 2016, 10:28:03 AM »

IS TIME TO COLLECT KARAMBUNAI 0.20 !!!!!!!!!
ę on: November 16, 2010, 03:28:11 PM Ľ

CHEAP PRICE :thumbsup: :thumbsup: :thumbsup: :thumbsup: :thumbsup:


Avoiding lousy stocks saves many lives.  :)
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Online iiinvestsmart

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Re: KARABUNAI N PTG TIN
« Reply #8 on: April 29, 2016, 10:29:37 AM »

Avoiding lousy stocks saves many lives.  :)


Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Online iiinvestsmart

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Re: KARABUNAI N PTG TIN
« Reply #9 on: April 29, 2016, 10:37:06 AM »
In Malaysia, many of the stocks in the property sector are trading below their asset values.



Many have land banks that are kept for future development.    Some are not actively developing during certain periods.  These property stocks may also have income derived from rentals from built up assets they own.

Why are these property companies trading below their asset values?  What are the reasons for this?  How do investors value these property companies?

When you look at property counters, you will have to consider their earnings and most importantly, the ability of the management to utilise the company's assets.   NOTE, it is obvious they are trading below the asset values because these investors do not just look at the assets' value alone.  Most likely, the reason for the price below asset value was because investors perceive their earnings to be poor and the inability of management to create value and profits using the company's assets.

Do not be fooled by some analysts who recommend a stock based on the company's real assets value, though the company's business is poorly run or not so profitable. 

An example, Karambunai was a hot counter in this forum a couple or more years ago in this forum.  Promoters were valuing this stock based on its land bank and how valuable the land banks are to this company.  Yet, every year, this company reported losses.  Its share price is obviously trading below its asset value, and appropriately so.  The simple reasons were as stated:  the poor performance in terms of profitability and the inability of the company/s management to utilise the company's assets productively.  A visit to Karambunai was a nice experience, as a tourist, but when you wore the investor's glasses, you would not be so enthusiastic over owning its shares.  Yet, promoters promoted this stock for short term gains and yes, for a while, the price went up and then came down again.  The factors thrown to generate the interest of possible casino licence was just that, rumours, and the government assistance of many millions in the budget few years ago, did not and has not improved its prospects. 

Yes, you may wish to buy a property based company based on its asset value.   What is the downside?   If the business is very poor, it will take many years for the company to liquidate its assets.   How many years will Karambunai be able to capitalize on its large track of land in Sabah?   While you hold the stock of this company, you will be holding on to a very poor investment that will not be giving any returns for many years in the future.  Your downside, is  losing all the other better opportunities during this period (opportunity cost) and this is certainly a very high cost over a long period.
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Offline Oly Shyte

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Re: KARABUNAI N PTG TIN
« Reply #10 on: April 29, 2016, 03:05:42 PM »
Karambunai - Nexus Resort  :thumbsdown: :D
Disclaimer: Every "I EAT" thread created were totally owned by Oly Shyte based on personal observation. It does not represent any stock promotion, buy, hold or sell call and most importantly gathering followers. Please make your own decision wisely! - OLY Securities Research

Offline keny

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Re: KARABUNAI N PTG TIN
« Reply #11 on: April 29, 2016, 03:16:13 PM »
Ah Ekeong tai kor.. offered 24cent ptgtin 6sen for kBunai -semua mau sapu back la

Offline keny

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Re: KARABUNAI N PTG TIN
« Reply #12 on: April 29, 2016, 03:17:59 PM »
Ah Ekeong tai kor.. offered 24cent ptgtin 6sen for kBunai -semua mau sapu back la
sit back and watch the show man

Online iiinvestsmart

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Re: KARABUNAI N PTG TIN
« Reply #13 on: April 29, 2016, 04:04:54 PM »
Dr. Chen  has to forked out:

91 million to take back all the mother shares not already own at 5 sen.
7 million to take back all the warrants not already own at 2 sen
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Offline CurryLee

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Re: KARABUNAI N PTG TIN
« Reply #14 on: April 29, 2016, 04:14:48 PM »
Ya...maybe he wanna privatize it and turn it into casino resort....lets see.... :D

Another success story for him!  :clap:
malimalimaliongongongnotongchefbutishua thuatong

Offline Oly Shyte

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Re: KARABUNAI N PTG TIN
« Reply #15 on: April 29, 2016, 08:52:12 PM »
Ya...maybe he wanna privatize it and turn it into casino resort....lets see.... :D

Another success story for him!  :clap:
We been hearing about this casino thing for Karambunai since day one. Will they ever get a license for that?  :speechless:

HAH!  :giggle:
Disclaimer: Every "I EAT" thread created were totally owned by Oly Shyte based on personal observation. It does not represent any stock promotion, buy, hold or sell call and most importantly gathering followers. Please make your own decision wisely! - OLY Securities Research

Offline CurryLee

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Re: KARABUNAI N PTG TIN
« Reply #16 on: April 29, 2016, 09:09:52 PM »
Privatize ady lar....say bye bye to Karambunai lar....
We been hearing about this casino thing for Karambunai since day one. Will they ever get a license for that?  :speechless:

HAH!  :giggle:
malimalimaliongongongnotongchefbutishua thuatong

Offline Oly Shyte

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Re: KARABUNAI N PTG TIN
« Reply #17 on: April 29, 2016, 09:16:29 PM »
Privatize ady lar....say bye bye to Karambunai lar....
Good luck with his casino dream (even privatised!) :D
Disclaimer: Every "I EAT" thread created were totally owned by Oly Shyte based on personal observation. It does not represent any stock promotion, buy, hold or sell call and most importantly gathering followers. Please make your own decision wisely! - OLY Securities Research