leftright-investment

It's becoming confusing for many people, especially outsiders (non-Malaysian), as to the role of Government to Malaysian corporate. And, it had been more confusing when Government dishes out lots of Goodies to certain groups of people (as long as they are eligible voters) citing to help bring down the burden of Rakyat . Good reason though. However, many of us know that this may short-lived just because of the coming general election. Anyway, this is part of the political gimmick usually played around the world. Nothing's wrong. One end, our Government targeted to bring down the deficit numbers by cutting subsidies like Petrol prices. But on the other end, it dishing our cash just like what announced during Budget 2012, citing Government had made encouraging improvements in collecting taxes. Then, why not bring down the budget deficit of the country first? Does few hundred ringgits really make huge different for people? A BAD example set by JCorp? The latest movements by Governm...

Yet, another lesson could be learned in Bursa Malaysia last week. In the midst of series of corporate activities happening, how could you left out QSR Brands Bhd and its jewel KFC Holdings (M) Bhd (QSR holds 50.6% of KFCH)? Below is the important date and announcements made:- 19th Nov : QSR received a take-over proposal, but in preliminary stage (closing at RM5.76 ) 20th Nov : Halim Saad was said proposed to take-over QSR at RM5.60 per share only 21th Nov : QSR shares dive 6.4% to RM5.39 25th Nov : US private equity fund Carlyle Group make an RM6.20 offer for QSR shares For me, there are some very strange things happening, especially on the timing of announcements. Halim's real announcement was made on Saturday (20th Nov) on Bursa Malaysia website. Saturday? Halim's offer price is lower than the previous closing price. Another offer came few days later, which commands a much higher premium . QSR's recent share price movements What does this reflect? Would someone tryi...