Informatics

From the analysts/shareholders' meeting, Informatics still seems very unsure of their business strategies and current situation. They seem to be waiting for Michael Teng to get into his role and develop some new strategies.

Saturday's BT: Berjaya bought up 23 plus percent of Informatics...that justifies the 35 percent rise in share price wed/thurs?

After the EGM 9th July, Oei Hong Leong will hold the biggest stake in Informatics, Berjaya coming in a close second, and Wong Tai's stake will be whittled down to 19 plus percent.

Now what is Berjaya's role in all of this?

Why would they be challenging OHL's stake? Are they planning a takeover?

Brokers were thinking perhaps OHL would buy over Informatics, but did they anticipate Berjaya to come by and sweep up those shares?

Would brokers now think that Berjaya is intending to take over the company?

If it's a takeover, in what sense? Privatise it?

Broker says:

My dad and I were talking about it on the way home Friday. I told him all about the analysts briefing, and he quipped that OHL probably wouldn't buy into Informatics whole.

He thinks OHL's too big a player to consider a small outfit like Informatics. He thinks OHL is just buying into the company to sell out when the price is right.

Key ideas:

1)Berjaya ? actually thinking of taking over? Or same agenda as OHL, whatever that is...?
2)OHL ? really just a bored businessman wanting to make a quick buck outta Informatics?
3)Informatics ? what are they still hiding?