E&O is the next take-over target?

The recent spate of mergers have been dominating the trading sentiment of local market, with IJM-MRCB, UEM Land-Sunrise, and Sunway-SunCity. Investors are wondering whether there is any mergers activities else, and the million-dollar question is "Who is the Next".

 Main factors of taking private...

1. Undemanding valuation
2. Strong branding
3. A well-run and profitable company

Quayside (Seafront Resort Condominium) of E&O property development

 After screening through the list of property counters, E&O could potentially emerged as the next company of being privatized. The main reason being E&O's is trading at a huge discount to its revised net asset value (RNAV) of RM2.72* per share.

Other than that, E&O has a very good brand name in the premium market, having some prime land-bank in strategic locations (especially in Penang). Couple with its strong marketing acumen, this company fit nicely into the take-over picture currently.

Spicing it up, speculations to privatized E&O has emerged in one of the news portal few months ago, saying that the major shareholder of E&O would made an offer for the rest of the remaining shares he did not hold.

Special Credit Cards for Hospital? Worth it?

Before checking into a hospital, make sure that you bring your favorite hospital linked credit card next time. Due to stiff competition in credit card industry, special cards which linked to hospital services became a "think out of the box" thing here. Below highlights some of the features for such credit card:

• 2% cash rebate on all expenses at the hospitals
• 20% savings on all hospitals' suites
• 10% savings on all hospitals' charges during admission (excluding doctors' fees)

Fortunately, I had never stay in a hospital before. And due to this, I never experienced the service provided by a particular hospital.

Do we really need such a card?

For me, I will use credit cards to shop, if credit cards can gave me discount /  rebate. Going for shopping can be anytime anywhere as long as I like it. However, going to hospital was not a leisure event, which I do not like to do, and I believe you feel the same. Instead, we should buy a Medical Card for hospitalization.

I think this kind of credit card is meant for those who always visiting hospital, or those old forks. Besides getting discount, cardholders are entitle to fast-admission and earn points for various usage. Good?