I don't think you are quite appreciating the nature of the tie up that has occurred. To start with, to me,Pakar's value is vastly understated. Also, with the Bayan ownership, KRL might be able to establish something companies of the like of BHP have been unable to do, actual ownership of the ground the coal is in.
The sky couldn't be brighter. There couldn't be more potential for the companies share price. I cannot wait for the next 6 months. I now change my expectation for the companies SP, previously it was 30 cents by xmas 2011. My belief is it will be more in the range of 60-70cents.
Of course do your own research.
KRL Price at posting:
16.0¢ Sentiment: LT Buy Disclosure: Held