Wednesday, September 28, 2011

My third Luck.... now SP Setia


I'm a bit excited when i notice the share of SP Setia being suspended this morning, as i had similar experience/situation with Mamee early this year and C.I. Holding, mid of this year. So, first Mamee, then Permanis, now SP Setia.

Consider myself very lucky with latest PNB move to acquire SP Setia at RM3.90 and RM0.91 for its warrant. Honestly, i think the offer is undervalue for a good and a darling for local and international funds. Hope they will revised the offer at much higher side, at least RM4.00/share.

Nonetheless, im still happy as @RM0.91, im making ~139% gain in short time.(if share were traded near the offer) :p

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