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Sunday, June 08, 2008

Stock Market Tips - KUB and MBSB

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It has been a while since i wrote about hot tips from the stock market. Why? Coz they aren't simply any! Anyway, I'm hearing some hot rumors that something big is gonna happen to KUB and MBSB. Big in the context that these 2 companies will be subject to private takeover somewhere in July 2008 which consequently would result in a General Offer (GO) to other shareholders. Details as follows:

1. KUB

Current price: RM0.40
GO price: RM1.00
Exp. holding period: 1-2 months
Stop loss level: RM0.35

2. MBSB

Current price: RM1.32
GO price: RM2.10
Exp. holding period: 1-2 months
Stop loss level: RM1.25

Good luck guys.

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