yes for saudee, they pushed to high price during OR trading (OR staying low @0.005 even mother very high). Once OR ended trading, it suddenly huge drop slowly to RI's price even slightly lower.. then once RI listed, they pushed back to super high again 0.3.. then slowly drop back to today 0.14...

u are the 3.4% lucky person sold at 0.01.. it is very hard to match sell at 0,01.. now you can buy back 0.005... earn 50% ..haha

seems like still have people willing to pay OR @0.005 to subscribe RI instead of buying direct 0.155 from market and yet facing the risk mother's may drop to 0.08. if subscribe, cost will be 0.005+0.08 = 0.085 plus free warrant. So, this subscription's risk is much lower than buying direct from market now. Of course, if the sharks wanna play, mother may drop far below than 0.08 after the RI listed. It happens at many other penny stocks.. so invest/trade your $$ carefully :)

@small fly: listing date will be on 30/8/21. i think the company hasn't determine the warrant's price yet. i didn't see at their report.. but i think there is a formula to calculate.. can check the bursa's website.. they have all the formulas to calculate those prices..

@ykh, yes u can. But if u already sold @0.005 then u wanna buy back @0.01? that's will cause you 100% more than your selling.. think twice.. and you will pay for twice brokerage fee. unless u are using Rakuten contra or any broker didn't charge for brokerage fee (but so far i didn't see any in Msia, if have is good news for intraday traders :)

@ykh, yes OR will become toilet paper if you no intend subscribe RI and dont sell the OR after trading date. And your holding of mother also will be diluted.

i am thinking to subscribe more RI with 2 options

option 1:
buy more OR at 0.005, so cost will be 0.08+0.005+stamp duty RM10 (this not sure is compulsory to pay no not). This option can guaranteed will get the RI

option 2: apply excess application without buying any extra OR. But this option not guarantee can get the extra subscription. If the subscription's rate is not good, then chance to get this higher. But i think the company will allot to their "insider vip" first if they really want to subscribe.

but looks like traders sell on "good news" today.. maybe they will use the $$ to subscribe RI.. hope before RI listed, mother's price wouldn't drop below 0.08 likes others penny counters.. Besides, laundary, bcmall also doing medical, disinfection and covid test kit business.. i believe it has potential to grow..

i can sell @0.005 just now, but is no point to sell it with little "small free gift" unless you holding a lot of OR, else u just paying the brokerage fee.. Subscribe RI @0.08 and get free warrant (potential to goreng).. that's big gift..

now, most of people don't want subscribe RI @0.08 (50% discount from mother's opening price), just wanna throw OR @0.005... oh dear.. anyway, i going to subscribe.. unless can sell OR @0.03 above :)

receive RM$845 million order for Covid-19 attenuation devices --- no wonder up up.. good news to push

for saudee's case: their share price increased a lot (0.19 - 0.27) starts from RI ex-date to the end trading of OR . When the OR trading ended, share price dropped dramatically and continues dropping till their RI's price 0.15 even lower to 0.14. When RI and warrants listed, share price increased back again to highest 0.3 till today dropping back to 0.14 again. One thing is even saudee's price push to between 0.19 -0.27 which was much higher than RI subscribe's price 0.15, but saudee-OR maximum trading was only 0.01 then dropped to 0.005 still no many buyers. Meaning that, for saudee case: the sharks only push mother to high price but still left OR at very low price 0.01 -0.005.

Will this pattern happens at bcmall? hmm.. let's wait and see.. time will tell..

why sell OR since the cost of subscribe RI is much cheaper than buying mother from market now. Unless worry mother's price will drop below 0.08 after RI listed next month.. ( if this really happens, meaning that last friday and today's rise are trying to trap ikan bilis )

Logically, with current mother's price, most of people will not sell their OR. Since subscribe right is cheaper.. Let's see how OR perform tomorrow.

hmm.. if today can closed at 0.145-0.15, then very interesting to see tomorrow's bcmall-OR opening price... subscribe right issue is much more cheaper than buying from market now. Hope OR can open high at 0.05 instead of 0.005..haha

I saw someone calculate the theoretical opening reference price of bcmall- OR is using the opening mother's price on ex-date which is 0.095 - the subscription's price 0.08 = RM 0.015. so the reference open price for OR should be 0.015. I am not sure which one is correct. Will see on Tuesday

Thanks again @Haku. I am using Rakuten's platform to subscribe. I just don't know when their platform will show up the right shares units i able to subscribe after i bought more unit of OR on 27/7. T+3 ？

I just don't understand why people keep buying mother on last Friday, they will not entitled to subscribe right shares. As your example above, the cost will be much more cheaper (0.08 + 0.005) if buy directly the OR then subscribe right. Of course the cost also depends on the OR's price, it can be vary. But from what i see others penny stock, first day of opening price for OR is mostly at 0.005 cos not much people want to subscribe. But i think this bcmall is worth since 6:4 plus free warrant. As long as after you subscribed, the mother's price not drop till to your subscription's cost which is 0.085 (just an ideal price).

I just hope that bcmall mother's price wouldn't drop to far below than the subscription's price 0.08. This is happened at many others penny stocks.

thanks @haku for explain. But may i know what do u meant by " it will be based on price on the board on that day"? i thought the subscription is already fix at 0.08 and it wouldn't change anymore?

if i am entitled to subscribe 6000 right shares. And if wish to subscribe more. Let's say i want subscribe total 10000 right shares.

(1) Should i buy another 4000 units of bcmall-OR on 27/7? So that, i can confirmed to get 10000 right shares successfully ?

(2) Or i no need to buy another 4000 units of bcmall-OR. Just write 4000 units at the "excess " column and pay the total amount of 10000 units ? of course, i am guaranteed can get the 6000 right shares as long as i don't sell the bcmall-OR, but another 4000 units are may or may not get it?

anyone knows? tq

Thanks @haku for the explanation. Yes, i am thinking to subscribe right shares cos it is more worth than buying from market (of course, the mother's price may drop far below the right's price 0.08). However, i found that the open reference price for OR on 27/7 listing should be 0.095- 0.08 = 0.015 (instead of 0.03)

Remarks:- The last date and time for acceptance, "excess application " and payment is 16 August 2021 at 5.00 p.m.


they mentioned "excess application " .. is this refer to those "entitled shareholder" who buy extra OR from market then subscribe excess right share?

Anyone know about this? i never subscribe RI before

The Abridged Prospectus together with the notice of provisional allotment and rights subscription form pursuant to the Rights Issue with Warrants (collectively, the "Documents") will only be despatched to the shareholders of the Company whose names appear in the Company's Record of Depositors as at 5.00 p.m. on 26 July 2021 ("Entitled Shareholders") and who have a registered address in Malaysia or who have provided the Share Registrar, Boardroom.com Sdn Bhd, with a registered address in Malaysia in writing by 5.00 p.m. on 26 July 2021.


Hmm.. those buy OR from market on 27/7 will not entitled to subscribe RI.. But if can an "entitled shareholder" buy extra OR from market then subscribe excess right share?

if really open at 0.005, better buy it and subscribe RI. 0.08 + 0.005 = RM 0.085. Sell back to market after u get right share ( if market price still above your RM0.085 lah)... u get free warrant somemore..

that's the weird things for today price movement.. if mother's price continue up to 0.15 during the OR listing. It will be more worth to keep OR for RI subscription at 0.08 + get free warrant (potential to goreng ). Anyway, today's buyers paid much more $$ and not entitled to subscribe RI.

Technically, OR suggested price should be 0.03. But if no much people want to subscribe RI, then on 27/7, 9am will see a lot of seller q at 0.005, if no buyer to buy up, then OR will become toilet papers. it happened very often at some others penny counters, no chance to sell even you q very early at 8:30am. But, today very weird, why a lot of buyers interested to buy in today ( price surge from 0.095 to 0.135). In fact, today's buyers wouldn't get any OR to subscribe RI. I sold off today to get back cash. And will see how the OR react when it listed. If can, i will sell off OR at 0.03. Then if OR drop to 0.01, will buy back to entitle subscribe RI at 0.08 to get free warrant...

no.. cant get warrant if u sell OR... OR is for you to subscribe RI and get free warrant.. so cant sell OR if you want free warrant

Thanks @jetming.. suddenly spike up from 0.095 to 0.13.. hope it can stand till OR listed lah... else back to square one ...

the OR's price should be 0.125 - 0.095 = 0.03... i plan to sell it when it listed...

when is the OR will show in our trade account? i didn't see it..but today mother's price adjusted

today suddenly up.. must be insider (directors & their dato2 friends) already knew the result is "good" so collected a lot at 0.13...tmrw can sell on "good news".... once 0.10 RI coming... then gg.com again.

gd result.. tmr can attract more fish..

trap2... RI 0.1

today got wayang ka? or trap2 again :)

still believe in stock market? kthanxbye

today is the first day dropping.. will continues drop until right issued...then hook around that price for a long period..

if really want to gamble.. 0.10 is a "safe" entry ( when people afraid and depress.. that's the low and safer entry) but prepare to cut loss.. if they issue pp or anything at 0.05...

kesian for those still holding before 10:1 consolidation... even those holding at 0.40 and continues average down to 0.20... underwear also burned.. left nothing...

sure it will slowly drop to 0.10.. be patient..

good morning... welcome to 0.10 soon...

if coming quater result is "good" , then maybe can rebound little.. then that's the time for you to sell with reduced loss.... after right issue.. they can issue esos at 0.05.. then 10:1 consolidation again like 2018.. then drop again... gg.com

wow... smart move.. after sold off the pp with handsome profit.. now right issue at 0.10 to buy back at low price.. be prepare this counter is very hard rise back to 0.20 above... start from tomorrow will see the big selling force again slowly sell to 0.10 or below.. 90% of company which has right issue sure their share price will drop to the right issue price or below.. ...

hi.. hari ini boleh 0.21 ka?

fake? real? trap? real? wait? look2? see2？

directors would worry cos later can esos at 0.05 and sell at 0.1, also untung..

indeed, kesian those still holding before the consolidation.. rugi kaw2.. most of listed companies in bursa now playing right issue, pp and esos.. company can issue very low price for their own people to subscribe, then immediately sell off at market for high price with handsome profit.. so company profit/rugi is not the matter.. is faster to make money like issue those cheap tickets..

0.1 is not a dream... but 0.2 is a dream.. only one way ticket.. towards south.. all minority loss kaw2.. only pp speculators won the game..

once they selling all the 0.165 pp.. then can issue another pp at 0.10.. hence price can drop to 0.10 .. gg.com

this week can reach 0.15 liao.. wait... then 0.1..

should wait patiently, let pp investor (oh not.. they are speculators) throw to below 0.15 then only average down...

hi 0.18... 0.15 otw