Read that Felda is going round to meet Felda settlers and persuade them to sell their shares. At this time when it's MCO? And how much can they gather this way

Karim and Awang intend to deal. Will that be buy or sell? Karim also gave notice of intention to deal in SCIB. Is he selling SCIB to pay for his allocation of Serbadk or is he selling Serbadk to buy SCIB or is he selling both or buying both. Regardless of what, I just hope the price of Serbadk goes up. Well, it has to - to justify the worth of taking up the PP shares

@ Mabel. Yes. Looks like an uphill task for Felda

FGV’s public listing journey seems to be ending soon, says economist https://newswav.com/A2101_vcrFWu?s=A_fOncoOX

More projects means more borrowings? When will the big borrowings stop? So what does clinching a big project mean to investors?

We prefer no dividends than to have dividends and end up with pp that only benefit a number of people / institutions. Most of Serbadk's projects are sub to Kpower and Scib and look at their share price - doubled or quadrupled but Serbadk's has either remained stagnant or gone down except for the short burst before pp was announced (taking the same time frame).

Can Datuk Karim Not subscribe for the PP shares? And have his holdings diluted? Then he knows how the investors feel

Serbadk announces they have clinched new project. Then we have
5 fund companies all shouting high target price at the same time. Announce a few more successful clinches and price will go up. Then private placement and the shares drop back. This is a RSS counter so shares could be sold at a high price by those who were successful for the private placement shares before the pp shares are in their account

@ bullrun1985. Sorry, just read your post. I read it from the Star online

@ Ipunk, if Felda gets 90%, what you hold will be sold to Felda for RM1.30

Lii Hen's 875 workers under quarantine till Jan 29. 1,383 have already resumed workd. No adverse impact but estimated capacity loss increased from 3.5% to 4.6% of total estimated annual output volume.

@ ghoyye. The minority shareholder might not have holding power or they might not want to wait for something that might or might not materialise because if the price is eventually RM1.30, then they might have lost their opportunity at other counters (they think)

@ James8888, thank you. Sure, will not accept

I have not received Felda's letter of offer. I do not intend to accept their offer anyway.

Does keeping silent mean I reject the offer or do I have to put in my vote and if so, how do I do it - online? Hope someone can help. Thank you

Warrant exercise price already announced. Don't think it will go much higher unless there is new project. Already sold mine yesterday. Waiting for price to adjust before collecting again

Saudi arabia to cut production sharply to lift oil prices

https://www.thestar.com.my/business/2021/01/04/lii-hen-capacity-loss-due-to-covid-19-at-35-of-annual-output

Paktua73, I see you at Dayang now. Good. Happy new year!

mrsia94, rights are a bit different. Usually rights are offered at a discount to the share price. That's why after rights issue, the price of the share usually drops. Have a great day

mrsia94. Karim did this to make Scib a billion ringgit cap counter. He says he is rewarding the share holders. The number of shares will increase and make this counter more volatile. Pricewise, it is share price divided by 4. Doesnt change the fundamentals of the stock nor the price cos if scib is rm4, after bonus it is rm1 and depending on market on that day, will be either more or less than Rm1

Jenova, ex date is 30th Dec and entitlement date is 31st Dec. So you will see in your account on 31st Dec. The next price after Bonus Isuue most likely is the last price before BI divided by 4. I do not hold any. Sold mine at rm5.86 the other day.

How to be patient with such counter? Released all good news and have all research house giving good tp. Usually you see one or two giving target prices at a certain time but to have 6 all shouting good reviews pushing up the price to rm2.09 before releasing the pp news. As an investor, don't you feel you are taken for a ride? And Karim should not be given any preference to subscribe for the pp shares which will be sold at a discount otherwise he is seen as benefitting himself only

Sold at rm5. 86. See you next year. Wishing my frens here Merry Christmas and a happy new year!

Chong96, divided by 4 cos 3 bonus shares for every 1 held

Mikevillainh, right. However, they have yet to fix exercise price for warrant so wouldn't that stop the price from trending lower

Went in again since they postpone ex date

Jeannie, and also rising shipping / container costs and the US dollar has gone down compared to the Malaysian Ringgit. Not to worry too much if you have holding power and it's only paper loss. This company has good fundamentals

Because directors are disposing. When the directors themselves have no confidence in their company, who will purchase their shares

I sold at RM5.07 the day it hit RM5.09. A bird in hand is worth 2 in the bush. It might rise higher but I won't wait for that. Took my gains and perhaps re-enter after bonus and warrant. Next day return to SCIB before next quarter results

@Riaz1954 agree with you

I wonder if the shareholders are being taken for a ride. First release the good news and get all the newspapers to give high target, then release the private placement news and get the newspapers to give also high target less 10%. You see this pp and dilution of shares and spliting and bonus all in the related companies - KPower, SCIB and Serbadk. No faith in Serbadk and keep shares in cold storage till the next QR

I think Karim sell his share to buy Serbadk. Same thing happened the other day when he sold SCIB to buy Serbadk. I didn't read of any fine for delay in their projects but there is a claim for a share sale agreement for RM9.5 million by SCIB but this has been on going since 2018 so would have been factored in

Ally Yee Min Ong, and why makes you think I am doing worse than you? Haha

Ally Yee Min Ong, why not just share your knowledge in this forum unless you are scared your opinion / tips are wrong?

Ally Ong, what's your take on SCIB now?