You can only subscribe icps if you are still the shareholder on entitlement date which to be determined later

You are entitled for 8 unit icps with any 3 shares you hold on entitlement date

I cant advice you to hold or buy as no one can predict the future

But your entry price is way of too high, should consider to cut it at least you wont suffering mental torture

Thanks No Emo
Deeply appreciate it
A true investor will never spent time on something they are not interested
Hope you understand

I might be wrong or making loss but at least i would have do some homework before i comment

I appreciate your comments if you have finished the 25 pages proposal plan

Not really need to understand in deep but at least figure the date, price and t&c

Otherwise i feel like myself is explaining to a moron. Sorry to call you that but really waste of time if you not even have the basic understanding

Your prediction is even more dramatic than hong kong tvb drama

Investment is about risk and return so long as you properly manage it you got nothing to scare off even the price dip

My cut loss would be 0.05
Take profit at 0.04 if icps successfully rolled out
0.1 if icps failed

For investment regardless long term investment or short term trading, you should always set a cut loss point.

Learn from the mistake and never do the same again.

Move on bro cheer

Hahaha

No emo your logic make me laugh

Share capital changes (new esos) is prohibited until they complete the right issue

One thing i agreed with you is the management killing off those existing minority shareholders to feed them and the major shareholders.

The only thing you all can do is to gather and vote for not to proceed with the icps while the single major shareholder only having 6% now.

Good luck guys.

Remark: my entry price 0.07 with the hope that the plan can be proceed

No emo, please go through bursa’s rules of announcement before you simply make comments

Agreed but what i trying to say is the icps can only be converted at 0.04. He can do nothing if the price goes below 0.04. He will suffer the most in this scenario.

It’s a win win situation to all the new buyers with the expenses of those existing shareholders who didn’t exercise their right and with average price more than 0.12

If your enter price more than 0.12x300 unit=36
0.01x800 unit=8
0.04x1100 unit=44

But again it’s just a goreng counter dont put too much hope

Simple calculation
Share - 0.075x300 unit = RM22.50
ICPS entitlement - 0.01x800 unit = RM8
Total cost RM30.50
Conversion price 0.04x1100 unit (after icps)= RM44

(conversion fixed at 0.04, no emo please do some homework)

Dont buy this share if and only you think sunny loh (single major shareholder) is stupid enough to take up the icps and it is not able to achieve 4 cents in 5 years term.

But again it’s just like gambling, please manage your risks

Thanks