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I offloaded 20% for 3.40 in August and switchrd to Plantation counters; TSH, HSPlant and PPB. So far so good!! Plantation sector likely to have good prospect till 2Q 2027.
MN has about 1.75 bil order book now that will last till 1Q 2028 assuming that it can complete contract worth about 800 mil to 1 bil per year. Easily > RM 4 by end Sept. TNB has to tender out 20 to 30 bil of contract in order to cater for DC electricity need and MN likely to benefit from it.
SC should set a rule pertaining to privatization or mandatory takeover.. that the offer price shall be a maximum 20% cut of the RNVA or 5 day VWAMP which ever is HIGHER!
The offer of 66.26 sen looks like a scam?? How could you offer 66.26 sen where RNAV is RM1.26. Any offer takes a cut of more than 20% of RNAV is considered as totally NOT FAIR and NOT RESAONABLE. Offer price of 1.26x0.8=1.008 is reasonable. Reject the offer without a doubt!!
J W.. I have been waiting for so many Mondays yet dont see any major move in stock price let alone the Limit Up!! There is unlikely to see any surprices in share price unless PK increase their dividend py out, say more than 6 sen.