Counter needs to show healthy uptrend. Else nobody will be interested in RI.

any idea when is Q2 results be released? latest by next week kua?

Say market price is RM0.13. I opt for Rights Issue: bought at RM0.10. So my average cost per share = (0.13+0.10)/2 = 0.115. Means I now own two shares each costing me RM0.115 while the market price is RM0.13 ... wow, that is a huge savings I am making. Really??

Let's say I am still happy with this. Then the market goes down to RM0.10 as usual, then perhaps to RM0.09 ... this is a very normal occurrence. So, now the situation is I own shares worth RM0.09 of which I paid RM0.115 each.

Please call off the Rights Issue and Warrant offer immediately. Your newly found RM44 mil from your last PP should last you a while. Companies need cash injection as a short term measure because when the existing older projects are completed, you should already be sitting on cash. If this is not happening and you always need to find new sources of cash to inject into the company, are you doing business or movie or feeding your own pocket?

Aren't the Fintec group aware that these PP and RI do not entice investors any more? Why? Because when a certain party takes up a PP or RI offer, he or she is supposed to enjoy savings by having the privilege to buy shares at a lower price ... but the record shows that this is not so ... every single time ... why? Because the market price will also follow suit to go as low as these 'special lower price' and 9 out of 10 times, go even slightly lower than that.

The investors and public has wised up that nowadays. Every time they see a PP or RI being announced, they panic immediately and prices drop. You can see this happening to SCIB's PP announcement too before the Serba incident.

When not all PP or RI are taken up, the Fintec group will get one of their fellow Berhad companies to take up the balance. Just look at Saudee and Permaju. What goes around comes around ... you need to earn an honest living from now on ... your companies need to perform and be genuinely profitable. Stop being a laughing stock.

How big a company can grow depends completely on the management team particularly the CEO. If the CEO is not ambitious and have zero plans to grow the company other than to maintain what they let loose to happen every year ... don't expect any things to change for the better.

I call upon the CEO to wake up ... take up the challenge ... how can you answer to your shareholders that your share price < RM0.20? This is not a personal company ... the public owns the company ... and your main responsibility in case nobody has reminded you is ... maintaining a healthy share price backed by good fundamentals and profit. Thank you.

today was a 100% retailer players involvement for vizione.

How many more Private Placements this counter is scheduled to have?

I estimate PP to take place either this week or latest, next week. List price should be around RM0.15 to RM0.155.

I would guess the price will 'stabilize' around 0.18 and 0.19 for PP to take place ... thereafter the price will go up again. So, don't worry too much. If you are Permaju mgmt, you will also do something so as not to let the price drop too much ... else the company will end up having to give a lot of shares to the party in exchange for RM21+ million reimbursed by the participating party in the PP.