Like i say before I have no reason except that i am disappointed with the 
leader. I do not even know him. That my mistake. I am sorry for that.

I add that margin call all bullshit because i am just upset at that moment. I 
realise now that i make mistake and do not think properly at that time.

So there is no reason to follow this up. Like i say i am sorry.

Everyone have the right to be upset. maybe mine is just too much. 



--- In obrolan-bandar@yahoogroups.com, "Ruz7" <indeksbei3...@...> wrote:
>
> The article is not yours, but this statement is :
> Even leader / representative of Minority shareholder bisa di beli... ;(
> > > Takut kali kalau masalah ini berlanjut saham dia nanti kena margin 
> > > call... jadi boke... dan mendingan jg terima duit dulu dari orang 
> > > tertentu....
> 
> May I Know the reason behind that statement ?
> 
> Btw: Tanda Alam, Milis Dibikin Rame. RUPS sebentar lagi. :)
> Be There, Be Behind or Left Behind
> Powered By FREN BondBerry.                  (Bayar Pake Daun).                
>                       Indeksbei3000®
> 
> 
> -----Original Message-----
> From: "Vaulstrad" <vaulst...@...>
> 
> Date: Sat, 20 Jun 2009 08:16:23 
> To: <obrolan-bandar@yahoogroups.com>
> Subject: Re: [ob] Bumi Investors Say: ‘No Probe? No Problem’ - APA GUE 
> BILANG! INDO UDAH RUSAK! INVESTOR LUAR LARI SEMUA
> 
> 
> I guess it is about how you stand.
> 
> first for that article, i am not the writer. 
> 
> Of course i know that if we keep talking this issue never resolve and BUMI 
> still at the lowest level. But it is not about the share price. This is how 
> you should stand. Even Mappi can extend time to talk to BUMI for the outcome. 
> If BUMI agree that it is publish. If not let adjust it to everyone favour. 
> 
> This is call independent. 
> 
> I believe that he should stand for us. that what the leader of minority 
> shareholder right? maybe he forget. He is just worries if this thing take 
> longer time BUMI share price will be at rock bottom.
> 
> 
> 
> 
> 
> 
> --- In obrolan-bandar@yahoogroups.com, Aria Santoso <ariasantoso@> wrote:
> >
> > Dear PH,
> > I suppose that u need to learn about the difference of law & ethics.
> > 
> > Should u do fart in front of us, it would be unfavorable to many of us; 
> > however we couldn't sue you for that. It's not a law-breaking thing so 
> > we can't take any legal action.
> > In fact we are not happy for that action and the bad smell left for us. 
> > It's about ethics in social relationship.
> > 
> > Below allegation in public is managed under law. Please be so kind to 
> > ensure that you will settle it.
> > 
> > Cordially,
> > Ace
> > 
> > 
> > 
> > -------- Original Message --------
> > Subject:    [ob] Bumi Investors Say: ‘No Probe? No Problem’ - APA GUE 
> > BILANG! INDO UDAH RUSAK! INVESTOR LUAR LARI SEMUA
> > Date:       Fri, 19 Jun 2009 20:04:02 -0700 (PDT)
> > From:       PH™ <vaulstrad@>
> > Reply-To:   obrolan-bandar@yahoogroups.com
> > To:         obrolan-bandar@yahoogroups.com
> > 
> > 
> > 
> > PH™ wrote:
> > >
> > >
> > >
> > > Even leader / representative of Minority shareholder bisa di beli... ;(
> > > Takut kali kalau masalah ini berlanjut saham dia nanti kena margin 
> > > call... jadi boke... dan mendingan jg terima duit dulu dari orang 
> > > tertentu....
> > >
> > >
> > > ---------------------------------------
> > >
> > >
> > >       Bumi Investors Say: ‘No Probe? No Problem’
> > >
> > > In 2007, Indonesia was ranked worst out of 11 regional markets in the 
> > > Asian Corporate Governance Association survey, and, judging by the 
> > > market regulator’s apparent whitewash of the PT Bumi Resources probe, 
> > > nothing much has changed.
> > >
> > > However, despite the potential damage to the credibility of the bourse 
> > > and the regulator â€" not to mention the interests of small investors â€" 
> > > it now appears that it’s a case of “out of sight, out of mind,” 
> > > with 
> > > analysts and even Bumi’s minority shareholders suddenly saying they 
> > > are happy with the decision of the Capital Market and Financial 
> > > Institution Supervisory Agency (Bapepam-LK).
> > >
> > > In January, the agency launched a probe into the Bumi’s purchase of 
> > > three coal firms â€" PT Darma Henwa, PT Fajar Bumi Sakti and PT Pendopo 
> > > Energi Batubara â€" for a total of Rp 6.18 trillion ($593 million) after 
> > > an investor and media outcry over allegations that the acquisitions 
> > > were overpriced.
> > >
> > > It was also alleged that the acquisitions amounted to a material 
> > > transaction requiring the approval of Bumi shareholders â€" which was 
> > > never given â€" ­and that some of the coal firms were actually 
> > > affiliated with Bumi’s owners, the Bakrie group of companies, through 
> > > obscure cross-shareholding arrangements.
> > >
> > > However, after a seemingly interminable probe that included the 
> > > recruitment of an outside appraiser, the only fault Bapepam could come 
> > > up with was that the price paid for one of the targets, PT Fajar Bumi 
> > > Sakti, was Rp 370 billion too high.
> > >
> > > But even here Bumi was given an easy way out â€" all it had to do was 
> > > renegotiate the price and bring it down to a “reasonable” level, 
> > > which 
> > > it says it is now in the process of doing.
> > >
> > > The market watchdog also let Bumi off the hook on the material 
> > > transaction question, saying that since the transactions took place in 
> > > different fiscal years the issue of materiality did not arise â€" a view 
> > > that many would consider excessively legalistic given that all of the 
> > > transactions took place within little more than one week. Dharma Henwa 
> > > was bought on Dec. 30, Pendopo Energi Batubara on Jan. 5 and Fajar 
> > > Bumi Sakti on Jan. 7.
> > >
> > > Capital market regulations designed to protect the interests of 
> > > minority shareholders require a company to seek shareholder approval 
> > > for a transaction if its value exceeds 10 percent of the company’s 
> > > revenue or 20 percent of its market value. In this case, the combined 
> > > value of the transactions would have required such approval had they 
> > > not been completed in different years.
> > >
> > > On the affiliation issue, Bapepam has completely abandoned its 
> > > investigation without coming up with any findings, saying that the 
> > > question is now irrelevant.
> > >
> > > Indra Safitri, an independent capital market legal consultant, said 
> > > that Bapepam had based its actions on the findings of the independent 
> > > appraiser.
> > >
> > > “The other issues become irrelevant if the prices paid are 
> > > reasonable,” he said, when asked whether the market watchdog was 
> > > justified in abandoning its affiliation probe.
> > >
> > > Meanwhile, a representative of Bumi’s minority shareholders, Rully 
> > > Oetomo, said: “We welcome the fact that Bumi’s management is willing 
> > > to renegotiate and seek a better price for Fajar Bumi.”
> > >
> > > Rully said that since the transactions were found to have been 
> > > nonmaterial, Bumi would not now have to seek shareholder approval. A 
> > > meeting had been scheduled for this purpose this coming Friday.
> > >
> > > “We will not push Bapepam to continue the investigation into the 
> > > affiliation issue if we are happy with the price,” Rully said.
> > >
> > > But despite the newfound acquiescence of the company’s shareholders, 
> > > doubts nevertheless persist, not to mention concerns over the future 
> > > of corporate governance here as a whole, with one analyst having aptly 
> > > characterized the entire affair as “nothing more than a game.”
> > >
> > >
> > > Jakarta Globe
> > >
> > >
> >
> 
> 
> 
> 
> ------------------------------------
> 
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