esac6592

esac6592 | Joined since 2013-05-07

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2020-06-18 12:41 | Report Abuse

The current intrinsic value based on the TTM Net Profit after Tax earnings is 0.08. The latest Qtr is supposed to out in May, due to change of Qtr release last December. Unless the Management decides to release the latest Qtr before June ends (some concession due to MCO) the TP is currently at about 0.06. So based on the given info, go figure out when you will sell.

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2020-06-18 12:19 | Report Abuse

Directors get total about 75mil units and Employees the balance of the ESOS beginning 17/6 and has 60 days window to exercise the options. So sometimes on 16/8, the ESOS exercise will be over. Since ESOS is for the benefit of the employees and Directors, the objective is to push up the price above 0.02 so the profits can be enjoyed by them when they sell. Most employees will sell to get the cash. If the market is not delivering the intended push up, normally, the Management can decide to institute a buy back at a fixed price so employees can be happy. But they actually decide for themselves the price as the directors are given the bulk of the ESOS.

So be patient, max 60 days, to reap your investors shareholding when the market decides or the Management decides. Meanwhile stay cool and pickup some units at 0.02 if you can.