$TOPGLOV (7113.MY)$ Fortunately, I had already exited earlier. Hahaha.

$SIME (4197.MY)$ Who bought at 2.30+?

$SIME (4197.MY)$ guess it will drop until 2.00

Genting's full acquisition offer lacks attractiveness.
Genting Malaysia is worth up to MYR 3.28 per share.
Genting $GENTING (3182.MY)$ Offer price of MYR 2.35 per share for the full acquisition and privatization of Genting Malaysia. $GENM (4715.MY)$ The plan has sparked heated market discussions, with analysts holding divergent views.
Some investment banks believe that the above offer does not take into account three major future catalysts for Genting Malaysia, and its share price could rise as high as 3.28 ringgit. Genting needs to significantly increase its offer price to make it fair, thus advising shareholders to reject the offer.
Maybank Investment Bank analysts pointed out that although the offer price of 2.35 ringgit per share is 21% higher than his previous target price of 1.95 ringgit for Genting Malaysia and 10% higher than yesterday's closing price of 2.14 ringgit, he believes that the offer does not truly reflect the value of Genting Malaysia.
"Genting Malaysia has three potential catalysts that may significantly push up its fair value in the future, and the offer price of 2.35 ringgit per share does not reflect this."
First, the analyst stated that the land in Miami acquired by Genting Malaysia in 2022 is expected to see a significant increase in value after revaluation.
Currently, we are valuing the land at its acquisition cost of $422 million (approximately RM1.78 billion). However, in 2023, Genting Malaysia planned to sell the land for $1.2 billion (approximately RM5.07 billion). Assuming the value of the land is re-evaluated to...

$TOPGLOV (7113.MY)$ Purchasing at 0.705, uncertain whether it is a cause for joy or concern.

$SIME (4197.MY)$ So slow

$GENM (4715.MY)$ Liquidated all my holdings