Taking Private !

When share price is trading low below its fair value with major shareholder hold more than 30%, the likelihood is to privatise the company. Company to watch out : Ranhill

Ranhill
The earning per share from RUBHD may contribute up to RM0.24. With the major shareholder hold more than 50%, I think sooner or later may taking private. The existing NTA of RM0.61 ( last quarter losses after dispose oil exploration activities) and current share price below RM0.80 plus some support at RM0.65 level provide good opportunity to accumulate this counter.