if you upset pls think with cool headed man, not like childreen, sudden judge 
the other or yelling at, hope you and we all take a learn from this happen

correct me if i'm wrong



thx

regards

(bukan siapa-siapa dan tidak ingin menjadi siapa-siapa)

--- On Sat, 6/20/09, Vaulstrad <vaulst...@yahoo.com> wrote:

From: Vaulstrad <vaulst...@yahoo.com>
Subject: Re: [ob] Bumi Investors Say: ‘No Probe? No Problem’ - APA GUE 
BILANG! INDO UDAH RUSAK! INVESTOR LUAR LARI SEMUA
To: obrolan-bandar@yahoogroups.com
Date: Saturday, June 20, 2009, 4:36 AM











    
            
            


      
      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" <indeksbei3000@ ...> 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:       PHâ„¢ <vaulstrad@>

> > Reply-To:   obrolan-bandar@ yahoogroups. com

> > To:         obrolan-bandar@ yahoogroups. com

> > 

> > 

> > 

> > PHâ„¢ 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

> > >

> > >

> >

> 

> 

> 

> 

> ------------ --------- --------- ------

> 

> + +

> + + + + +

> Mohon saat meREPLY posting, text dari posting lama dihapus 

> kecuali diperlukan agar CONTEXTnya jelas.

> + + + + +

> + +Yahoo! Groups Links

>




 

      

    
    
        
         
        
        








        


        
        


      

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