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Bursa Malaysia => Equities => Topic started by: e.capitalist on May 20, 2007, 11:00:47 PM

Title: What happened? HongLeong Group Privatised? PBB Oil ? Maxis?
Post by: e.capitalist 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?
Title: Re: What happened? HongLeong Group Privatised? PBB Oil ? Maxis?
Post by: grahamsmun 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.
Title: Re: What happened? HongLeong Group Privatised? PBB Oil ? Maxis?
Post by: earwax 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?
Title: Re: What happened? HongLeong Group Privatised? PBB Oil ? Maxis?
Post by: grahamsmun 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