The buying interest is so strong...trading value ~12.5mil, the 8500lots @0.765 and 17000lots@0.77 only worth ~2mil, think will be cleared easily, reaching to 0.78-0.8 region soon?

I forgot to thank all the workers besides the management, the whole Ptrans team!!
Without you guys, our investment will go to the drain.
I nearly gave up after reading what Choivo Capital wrote....will my investment go down the drain??but re-reading the prospectus and various sources (newspaper, youtube, etc) decided to stay on.
Good night, every one.

cwhale333, My public bank agent said can sell on Ex-date itself.

Big thank you to Jennifer and PTrans bosses, and kawan kawan here! Did not make mistake to invest big in this counter:)

NOw can still get at 245, but once ppl who queue to sell at 250 realise 2mil may be cleared....then they may stop selling at 245.....

Now about 85000lots at 250, this equal about 2.13mil, looks like can be clear by afternoon, just for information

Once those who want to sell at 245 finish selling, I hope will move up steadily :)

Luckily bought 500lots yesterday at .24.....thought yesterday would already sampai .25, hari ni sampai, bagus juga!! Anyway, our calculations show good interest return....may be cannot tahan will buy more!

Cheeseburger, i did a similar calculation yesterday. You considered min case too. Nice, thanks.

Zen_2k, understand...sama-sama. Please come back.....remember Ptrans wants to do mining, we help him, he will reward us later. See you!

Bot 500 lots

tksw, Peace could not get at 235, lagi 240 is running low....Should I get 240? Will get some....before it sold out :(

Waking up.... yawning, after coffee, up?

Each ICPS costs 1 sen to subscribe.
In short, if you choose Conversion MOde 2, you get 1 share by paying 1sen +19sen=20sen. Now the price is 26sen, so potentially major earning.

Jaynetan, is this the main idea?

Sweng88 and all, Below is copied from Bursa Announcement. Pls check there for more details.

The Proposed Rights Issue involves the issuance of up to 6,244,866,420 ICPS on the basis of 15 ICPS for 1 Share.

Based on the Conversion Mode, the ICPS can be converted into new Shares at the Conversion Price in the following manner:
(a) by surrendering for cancellation twenty (20) ICPS for conversion into one (1) new Share
(“Conversion Ratio”) (“Conversion Mode 1”); or

(b) by surrendering for cancellation one (1) ICPS together with a cash payment of RM0.19 for one (1) new Share (“Conversion Mode 2”).

My guess is today ticket will reach 250-255! Huat-ah!!

tksw sifu, happy sifu and friends who believe in Ptrans, we banyak untung liao....congrats!!

As said before.... even just for Dividend, much much better than fixed D. Now with special dividend, total Dividend=0.25x2 + 0.0075=1.25sen. The "interest" percentage for ticket@250 is 1.25/25=5%, ticket@270: 1.25/27=4.63%, and if it goes up to 300, still 1.25/30=4.17%.

They want long term customers! haha, seems like have not made a mistake promoting and keeping this counter!! Tomorrow up again! So, those holding the warrants can use this chance to get mother, very smart!

From the OR, how to subscribe mother? Wonder if the process is troublesome, can it be done 100% online? I had one experience of subscription (ie. VSolar-OR) through my agent at Public Bank,so basically I did nothing except just bank in the payment. Now, I just started trading at MPlus, no experience with subscription of mother from OR. Would appreciate some advice :)

Pls see the theoretical ex price.....today is ex-date mah

tksw, will Q for mini bus tomolo, today too late liao :(
Big bus ticket will hit 235-240? Peace not selling until 240?

wa, don't be funny, will the real TKSW show up?

Yesterday mentioned Dolphin here, hope kawan here got buy, today up 30% already :)

This RI is going so smoothly, like a Dolphin swimming in the fine sea!

@Youghin why you say fall? it is moving up from 0.085 to 0.110.....and you even say wait it break 0.125.....

@tksw tuan really garang today! Last time always waiting for 175, kikiki

Alfi3, no problem de.

It's round down...thanks ahgorgor:)

Aiyo, tksw sensei, Peace needs to makan nasi also... i bought as i told ppl to buy...until no more $$ alrd, so sell some to survive first, keeping the rest :)
Your mini bus target so high?? don't understand why ppl willing to pay 0.015 when big bus is 0.22,
because 0.015+0.235=0.25, so minibus is over-priced, right? May be the reason is less capital, large percentage gain?? Tolong ajar saya!!

Hi, ahgorgor....pls check:
In millions: 412 RI@6sen, 5RI for 4 shares, so number of shares=(412/5)x4=330mil.
Last price today 12.5sen, so ex-price=(330x12.5sen+412x6sen)/(412+330)=8.9sen, so round up to 9 sen. Does the market round down? If so, then agree 8.5sen.
Cheers

some one just bought 50k last min!

Good luck all who bought, let hope we prosper together!

Ending with 12.5, half sen less than I thought. If my calculation is right Theoretical ex-price tomorrow is 9sen.

So earned about 20k from the VSolar RI exercise. Hope same goes for DOLPHIN RI exercise.

About Ptrans, already sold some for profit, but keeping the bulk. My simple logic: As pointed out by sifu kawan here, to turn child to mother is 23.5 sen, so driver wants to drive to 24.5 or 25 sen minimum, also consistent with JoJo's year after year's experience. So, aku tunggu lah, tak payah jual dulu, nanti regret je.....

Just a gentle reminder,tomorrow is ex-date, so TODAY is the last day to buy to enjoy the 5 RIs for 4 shares, and 3 free warrants upon subscription. Subscription is 6 sen. I think it's a very good deal.

AlfaI3, I had same question as you, but upon reading the proposals, you will find that it's not a sudden diversion, Asia Poly is a common link as it owns some of both Dolphin and Uncle Don. Uncle Don has expansion plan even into Singapore. The restaurant business is returning even in Singapore, either Dining in, take-out or deliver.
I think this RI will be a success.

AlfaI3, besides the announcements at Bursa, here are a couple:
https://www.thestar.com.my/business/business-news/2019/12/14/uncle-dons-eyes-listing

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=101344&name=EA_GA_ATTACHMENTS

https://www.optionstheedge.com/topic/food/man-behind-uncle-dons

There is a formula to calculate the theoretical ex-price after RI. From a previous experience (VSolar), the price moves up from the ex-price, to encourage the subscription of RI....hope the same will happen here. From the price movement of past week, think it will end at .130 or .135? The higher the ending price today, the higher the ex-price tomorrow.

Aiming to sell 30% of my holding after AGM

No problem...I know not easy to pick up a language...even as I know 3.5 languages, haha

Wow, Jojo, that means you earn year after year! 1st year for me, but already so shiok today, looking forward to shiok year after year, haha!

Sengkee, possible...may be not just bus but transport and logistic... Complet (5136) up 10% today also leh.

buliba, this is for you: https://www.thestar.com.my/news/nation/2020/07/20/preserve-ipoh039s-rich-culture-historical-buildings-says-dr-wee

btw, google translate very powerful nowaday, can translate more or less accurately.

I think so!

soon hit 220? No regret waiting :)

Is palm oil price more important than Uncle Don as far as the RI go? I think Uncle Don is more important consideration.

人潮回来了，回来囖！

Yes, nice!

日本の皆様、これはベスト、買ってください！　(promoting this counter to Japanese, haha)

Betul, yang missed 175, 180 dulu dah regret liao, yang collect dah untung :)

Many thanks for the various updates. Personally not so bothered with Q2 report as we already know cannot be good. My simple logic is that from now Kampar Putra is coming up, meaning the number of integrated bus terminals is going from ONE to TWO, and our covid situation looks good,
so I see pretty bright future.