Thursday, May 17, 2007
Privatisations and bull
Wowee, the Malaysian bourse explodes with takeover fever when controlling shareholders suddenly realize the folly of letting others in on their baskets of goodies (or doodoos ). With such too-good-to-share income streams (Maxis), cash hoards (Boustead/UAC), or skeletons-in-the-closet(a certain finance counter), it defies the imagination that Malaysians have just only begun to wake up after virtually a full year of bull. Or have they really. Perhaps its the controlling shareholders who have decided its time to better wake up than slumber on only to miss the best opportunity in ten years to do one on their minority shareholders. Well, whatever their intentions, lets hope our revered SC does what its supposed to do in ensuring equitable actions, and not just technically correct actions as so often happen in reality. The investing public will be quick to approve or disapprove as shown by the way they swing their money in the near future.
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1 comment:
Just a note to test this ugly squirrel
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