TO my surprise, this come faster than I thought! In less than 1 month, the paper gain raise > 50 % in less than one month!
Based on the reasons I gave,
I think... It is possible for the share price to rise to > 100 % gain soon!
- Either the coming financial result will be AWESOME ....
- Or the merger of PJDEV and OSK PROP will become real?
- Not to forget the Proposal to dispose PJD tower in 31 December 2013.
Highlights:
6. EFFECTS OF THE PROPOSED ACQUISITION
6.1 Share Capital and Substantial Shareholders’ shareholding
The Proposed Disposal does not have any impact on the issued and
paid-up share capital, the substantial shareholders’ shareholding and
shareholding structure of PJDH.
6.2 Net Assets (“NA”), NA per share and Gearing
Based on the audited consolidated statement of financial position of
the PJDH group as at 30th June 2013, net assets per share of the
group will increase by approximately RM0.22 per share as a result of
the net gain arising from the Proposed Disposal of approximately
RM101.0 million.
In addition, the gearing of PJDH Group will also reduce as the
proceeds to be received from the Proposed Disposal will be partially
utilised towards the repayment of bank borrowings.
6.3 Earnings and Earnings Per share (“EPS”)
The Proposed Disposal is expected to realise a net gain of
approximately RM101.0 million representing earning per share of
approximately RM0.22 per share.
Let's us hold on tight!
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