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2020-08-04 13:04 | Report Abuse
I also think its not fake queue.
You may check the volume today, its very huge.
2020-08-04 12:02 | Report Abuse
What you mean fake queue? the queue suddenly disappeared?
Did you check properly whether if the queue disappear or it actually got traded?
2020-07-30 12:04 | Report Abuse
tksw sifu, you so many sold liao, empty inventory liao ah?
2020-07-30 12:02 | Report Abuse
275 ticket worth 3 millions ringgit.
2020-07-29 22:41 | Report Abuse
too bad mini bus negative premium la
2020-07-29 14:55 | Report Abuse
@cwhale333, if Im not wrong its the next market day after ex date, so 1st of sep.
2020-07-29 14:33 | Report Abuse
@cwhale333
thats correct, if you have warrant, it is advised to convert them to mother share before 18 Aug so that the newly issued share is entitled to the special dividend
2020-07-27 17:59 | Report Abuse
@mondrian
wa where you get the source got institution funding enter?
2020-06-09 14:50 | Report Abuse
If warrants expire worthless, only mother share holder gains, both warrant holder and PTRANS loses because PTRANS can get 100M cash if all warrant holder convert
2020-06-09 12:38 | Report Abuse
"It is the interest of this entity to ensure mother dont move up until expiry day"
@drobertp40 Are you implying that PTRANS wants its warrant to expire worthless?
2020-05-08 16:11 | Report Abuse
Calculated and analyzed with my own time. If dont agree, atleast dont assume I copied.
2020-05-08 16:10 | Report Abuse
@tksw hmmmmmmmm
Seems like you dont have business ppl thinking style. Management want more capital for their growing process, They probably thought about the same thing too. But execute or not we'll never know.
2020-05-08 15:43 | Report Abuse
AGM postponed until further notice.....
2020-05-08 14:27 | Report Abuse
@tksw , PTRANS seeking approval to buy back up to 10 percent of outstanding share in the next AGM.
You dont know the news, or you are implying PTRANS will never buy back the share?
2020-05-08 14:25 | Report Abuse
Hmm, if you ask why, Im not sure too. Perhaps the approval expired. But its certain that they are seeking approval in the next AGM.
2020-05-08 13:15 | Report Abuse
The warrant matured on 17 sep if not mistaken.
PTRANS must start share buy back after getting approval from share holder on upcoming AGM 20 may.
So around 4 months to perform share buy back.
Before they start share buy back, maybe stock price will up to a certain degree first because of the share buy back news released upon getting the approval on AGM, IF approve la.
2020-05-08 11:57 | Report Abuse
PTRANS has 70+M cash in hand.
If we raise the average buy back price to 0.3
the cost needed is 142M*0.3=42.6M
2020-05-08 11:55 | Report Abuse
Share buy back can boost the share price, which is the top priority of PTRANS now, because the higher share price will lead to the warrant holder to exercise the warrant. PTRANS can get more capital.
I did some maths, It can buy back up to 142M (10percent of outstanding share), which if we assume average buy back price 0.22, the total cash paid for share buy back is 142M*0.22=31.24M
and if it leads to all warrant holder exercise their warrant, 531.4M of warrant times 0.235, PTRANS will get 124.8M.
2020-03-05 12:33 | Report Abuse
I thought you take out epf buy warrant?
warrant expire on sep
cant wait for your tp 50
2020-03-04 09:56 | Report Abuse
@icon8888 true or not? so confident warrant? What's your tp and estimated when rebound?
Stock: [PTRANS]: PERAK TRANSIT BERHAD
2020-08-04 13:05 | Report Abuse
half day volume = yesterday whole day volume