Skip to main content

Sapura Tech

Following the robust run-up in SapuraCrest, some savvy fund managers have been piling into Sapura Tech. ST is not as interesting as SC but it has what we call buffer and indirect play into SC. It has already been announced that ST will be privatised, for every one ST, they will be exchanged for one SC plus 40 sen. Hence savvy funds would be locking in a buffer of around 30 sen or 20% and get exposure to SC during a period where the EEC should be the thematic play. Downside is the 2-3 months lockup but AGM is to be held this coming Monday, which has hasten some to pile in on likely approval for the deal. Nothing terribly new or exciting but fund managers who do their homework would have a leg up on the rest. Buffer man, buffer!

Comments

AbRahman said…
< Hai, Dali ... Thank you for you comment on Sapura Crest /Sapura Tech ... May I get some descent comment on the signing of strategic collaboration between Iris Corp. Bhd and IBM n IBM, Malaysia (28th Mac 2007)... Market seem silent about it, what are the possibillity of IBM getting the US gov. e-pasport jobs ?? >
Salvatore_Dali said…
i think the deal is true, but no details, so its hard to figure the impact.... i doubt Iris would be allowed to make supernormal profits, the technology is not that hard to find, can always go to some other company... so don't be over-optimistic. ibm does not get to where they are by giving out huge margins to outsourced partners. its not with ibm international but rather via ibm malaysia.
mj said…
4928 SAPTECH SAPURA TECHNOLOGY BHD
Proposed Selective Capital Repayment Exercise ("Proposed SCR")

Sapura Technology Berhad ("STB" or "the Company")
- Extraordinary General Meeting ("EGM") on the Proposed Selective Capital
Repayment Exercise ("Proposed SCR")
The Board of Directors of STB is pleased to announce that at the EGM duly
convened on 23 April 2007,the special resolution pertaining to the Proposed SCR

which was set out in the Notice of EGM dated 30 March 2007, was duly passed.

This announcement is dated 23 April 2007.

Popular posts from this blog

My Master, A National Treasure

REPOST:  Its been more than two years since I posted on my sifu. This is probably the most significant posting I had done thus far that does not involve business or politics. My circle of close friends and business colleagues have benefited significantly from his treatment.


My Master, Dr. Law Chin Han (from my iPhone)

Where shall I start? OK, just based on real life experiences of those who are close to me. The entire Tong family (Bukit Kiara Properties) absolutely swear that he is the master of masters when it comes to acupuncture (and dentistry as well). To me, you can probably find many great dentists, but to find a real Master in acupuncture, thats a whole different ballgame.


I am not big aficionado of Chinese medicine or acupuncture initially. I guess you have to go through the whole shebang to appreciate the real life changing effects from a master.


My business partner and very close friend went to him after 15 years of persistent gout problem, he will get his heavy attacks at least…

PUC - An Assessment

PUC has tried to reinvent itself following the untimely passing of its founder last year. His younger brother, who was highly successful in his own right, was running Pictureworks in a number of countries in Asia.

The Shares Price Rise & Possible Catalysts

Share price has broken its all time high comfortably. The rise has been steady and not at all volatile, accompanied by steady volume, which would indicate longer term investors and some funds already accumulating nd not selling back to the market.


Potential Catalyst #1

The just launched Presto app. Tried it and went to the briefing. Its a game changer for PUC for sure. They have already indicated that the e-wallet will be launched only in 1Q2018. Now what is Presto, why Presto. Its very much like Lazada or eBay or Alibaba. Lazada is a platform for retailers to sell, full stop. eBay is more for the personal one man operations. Alibaba is more for wholesalers and distributors.

Presto links retailers/f&b/services originators with en…

How Long Will The Bull Lasts For Malaysia

Are we in a bull run? Of course we are. Not to labour the point but I highlighted the start of the bull run back in January this year... and got a lot of naysayers but never mind:






























p/s: needless to say, this is Jing Tian ... beautiful face and a certain kind of freshness in her looks and acting career thus far



http://malaysiafinance.blogspot.my/2016/12/bank-negara-may-have-switched-on-bull.html


I would like to extend my prediction that the bull run for Bursa stocks should continue to run well till the end of the year. What we are seeing for the past 3 weeks was a general lull where volume suddenly shrunk but the general trend is still intact. My reasons for saying so:

a) the overall equity markets globally will be supported by a benign recovery complemented by a timid approach to raising rates by most central banks

b) thanks to a drastic bear run for most commodities, and to a lesser extent some oil & gas players, the undertone for "cost of materials" have been weak and has pr…