that part I'm not so clear yet sunyata

I think so

I don't think consol & RI can be done simultaneously

they have to complete the consol first I believe

but whether you sell now or you keep the consol still proceeds

plus hopefully also make further gains for us sunyata

the consol does not affect anything sunyata

but the RI after the consol hopefully gives us a reasonable chance to cover for for our current paper losses

sunyata

you already hv paper loss whether or not there is consol

yes sunyata

if consol done at 1 sen & you have 20,000 new consolidated units then you hv to pay rm12k for your 120,000 units of RI shares that you qualify to buy

but if consol done at 1.5 sen (let's just say) then you'll have to pay rm18k for same

well done tdm

very good

uptrend resuming

waah

so sunyata

although your gross cost is 110 sen per 7 units you are also getting 9 sen worth of free warrants (3 units x 3 sen/unit)

so your net cost = 101 sen for everything

==> average cost 14.7 sen per share

sunyata

if you now have 1,000,000 units at 1 sen, then after 50-1 consol it becomes 20,000 units at 50 sen per unit

so your money is not lost, it does not simply disappear into thin air

if you agree to take up proposed 6 for 1 RI offer then you can buy 6 RI shares at 10 sen per unit. Which means you must have & be willing to pay another 60 sen.

But now after RI you have 7 units at total cost 110 sen (i. e. average about 14.5 sen per unit)

and you also get 3 free warrants at estimate value 3 sen per unit

I have made an approximate but detailed working out of it on page 1101 in post of time 7.07 pm

you might like to go through it some time

calvin already said he only bought through proxies so his own name won't be on the list

calvin already said he only bought through proxies so his own name won't be on the list

kcheongent

is that old outdated latest list or really latest latest list?

could you post the link to it dude?

sorry just 18 sen is enough for 1.5 buyers to break even post-RI

if they participate in RI exercise

sorry miscalculation

for those who bought NetX at 1.5 sen they need new consolidated NetX mother to start trading at about 18.5 sen for them to break even immediately

correction to my above post:

if mother trades at 16 sen right away post-RI then even those who bought NetX at 1.5 sen would hv made profit immediately

you do that sting79

by all means

then we continue discussion

but my approximate calculation only based on new shares trading at 14.5 sen per new consolidated share post-RI

if got good luck & market very confident & receptive could be different scenario

could even start trading at 16 sen right away post-RI who knows

in which case even participants who bought NetX at 1 sen would have made profit immediately

nagachan you have never actually participated in a RI before

I have

it was a 4 for 1 RI

4 Rights shares for 1 existing share + 1 free warrant for 1 subscribed RI share

this NetX proposal is even better

6 Rights shares (@ 10 sen per share) + 3 free warrants (estimated 3 sen per per warrant) for 1 existing consolidated share (50 sen per share)

if your cost is 1 sen (50 sen for 50 units) your new average cost post-RI will be 15.8 sen (110 sen for 7 new consolidated units)

if your cost is 1.5 sen (75 sen for 50 units) your new average cost post-RI will be 19.2 sen (135 sen for 7 new consolidated units)

of course price post-RI going to drop becos for those who participate their average cost also drops

now let's just estimate free warrants worth 3 sen per warrant post-RI

and estimate market price of mother only 14.5 sen just post-RI

now every participant have 7 mother @14.5 sen + 3 warrants @3 sen

==> total in hand = 110.5 sen

do for those who bought 1 sen they break even right away now just wait for some appreciation

for those who bought at 1.5 not break even yet hv to wait little bit la

consol is for the purpose of making the whole share bunch easier to manage

RI is for the company to expand without having to borrow money from the bank

if you participate it's like you become the lender for the company

as soon as the exercise is done & the stock goes on stream again you get your compensation aka reward immediately in the form of your free warrants

you can sell the warrants right away or you can wait to sell it later for a higher price

and then there is also the potential further appreciation in price of mother

tom how you do you know slaughtered

maybe you are the one who have slaughtered yourself too early today

tom how you do you know slaughtered

maybe you are the one who have slaughtered yourself too early today

tom what is your entry cost price

you just make sure you come back to observe what actually happens after the RI exercise

but you also make sure that you can stop yourself from crying if that time it is proven that you have made a bad move

jk why you all the time complaining only aah

before proposal you complaining becos NetX spread out over 5 billion plus units

so you were saying too many shares la too heavy so very difficult to push up la blah blah blah

now when got proposal to consolidate you complain in a different way pulak dah

you ask why must consolidate la you claim can go down to 2 sen again la you say better stay as 1-sen or 2-sen stock la blah blah blah

do you never ever stop complaining?

habis la itu ah moy yg kawin sama lu ini macam

nanti dia panggil lu pigi bikin romance sama dia pun lu lagi complain juga

you mean very tough for you la shootup

that's why la you rvery dat bittchung whining crying griping

and you don't own even one single unit of NetXd

you're just a stuppid busybodying iddiot in this room

jk22 another way is you can sell part of your current holdings to pay for the RI

then when trading is on again post-RI it is up to how long you want to hold before cashing out

some guys later even switch from the mother to the new warrants when they see the warrants moving faster compared to the mother

sting79 ha ha

con skill like politician skill kah

like madey skill & lame kuan yeng skill la

calling everybody perompak pencuri penyamun when they are in fact the biggest perompak pencuri penyamun

itu sochai boolshhitter 3i was in fact participating in not one but two big pump & dump schemes at padini & dlady

but he was too iddiot stuppid to hv been holding on for too long

now he himself has got himself trapped

he was still blowing padini at rm6 & dlady at rm66

now he is trapped with padini at rm2.37 & dlady at rm41.52

Post removed.Why?

I think it has to be done in two stages rather than concurrently

stage 1: 50 into 1 consol

stage 2: RI with free warrants

I'm going to talk my remisier to clarify this part of it

guys say warrants should normally be worth about 1/4 the price of the mother share

but this is not really a cast-in-stone rule

in the RI exercise that I once participated in previously, post RI the new free warrants came out into the market at about 1/3 the new market price of the mother.

no wonder sochai 3i looking all warmed up & extremely agitated today

dlady today closing rm42

looks like gravely in danger of breaching rm40 resistance soon

dlady holders are all forewarned

dlady holders including sochai 3i can sell cut loss & switch to supermax or topglove or some other glove counter

cover some losses

then eventually migrate to NetX to recoup all losses & set yourselves up for serious big gains again

it's okay to accept your mistake then change tactics & strategy midway

even warriors in battle do it all the time there is no shame in that at all

the stuppid thing to do is to stick to an obviously losing battle plan till the very absolute end

padini holders can sell cut loss & switch to supermac or topglove or some other glove counter

cover some losses

then finally migrate to NetX to recoup all losses & set yourselves up for serious big gains again

padini closing 2.37 today low 2.31

looks like breaking rm2 support soon

padini holders be forewarned

Accept offer now, sing huat arrh later.

Decline offer now, whinge heart out later.

the stock that even peniaga pasar malam, grandma & grandpa, foreign maids, foreign factory & construction workers, fastfood workers & even schoolchildren can afford to buy.

only NetX can offer this kind of floor level affordability while also at the same time carrying the possibility of massive ROI

the stock that even peniaga pasar malam, grandma & grandpa, foreign maids, foreign factory & construction workers, fastfood workers & even schoolchildren can afford to buy.

only NetX can offer this kind of floor level affordability while also at the same time carrying the possibility of massive ROI

No johnnycash

NetX not suitable for swingers

Not suitable for short term gambling investors either

Only suitable for those who are ready to go long if required

for those who already scored 200 - 500% gains with gloves

NetX is your chance to score another 200 - 500%

Accept offer now. Sing huat arrh later.

Decline offer now. Whinge heart out later.

luigee you shareholder also you're part of the company

so you must do your part to promote the company

you cannot be dissing or badmouthing or denigrating the company in front of complete outsiders la

sharks want to goreng also they observe the mood in forum juga dulu la

if mood also like sad like want to nangis only then how for shark to goreng leh

lui gee you must think happy talk happy make face happy cheerful bright sing happy song dance happy dance blah blah blah la

you cannot go around telling everybody that you're worried you're afraid you're anxious you're not satisfied blah blah blah like that la

smart guys now continuing to collect quietly but with firmer confidence

iddiots continuing to scream & shout & whine & bittch & gripe

And then also, one more thing ...

if a snap election is called, there could just possibly be a play on mara-linked stocks.

becos bn is expected to win back power & mara top guns are known staunch bn guys.

no need to wait seven eight years to get big gains with NetX la

only need NetX to win couple or so more medium size deals like finexia

then quite sure we can get few hundred percent ROI

becos NetX is small & very light

NetX is no hefty bugger like dlady

of course