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8 comment(s). Last comment by eizmirr 2012-07-18 16:38
Posted by KC Loh > 2012-07-17 21:45 | Report Abuse
The question is whether its RC making the private placement or another. if its a big gun coming in, then you can assume some asset injection may come in, hence enhancing their share price. if only for his lackeys, then well, you really got to read in between the line.......... dilution of shares may be viewed as a double edged sword! best wishes!
Posted by talk2pkc > 2012-07-17 22:03 | Report Abuse
No surprise RC is playing the leading role again , so-call "Good-Bad-Urgly" by Raymond Clint ha ha
Posted by KC Loh > 2012-07-17 23:07 | Report Abuse
you may be right talk2pkc. after the placement, it looks something like this for RC
https://www.dropbox.com/s/2vrn59xfyjtez7l/announcements.bursamalaysia.com-EDMS-edmsweb.nsf-all-9B852EDFE372E99048257A3E00394BA4-%24File-NICORP-%20PP%20ann%20final.pdf.png
source: http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/all/9B852EDFE372E99048257A3E00394BA4/$File/NICORP-%20PP%20ann%20final.pdf
Posted by Stephen Lee > 2012-07-18 00:53 | Report Abuse
There are lots of critism of Raymond Chan purchasing of Nicorp and by comparing to his presuccesor of Harvest. A number of investors shummed RC and today's placement of Nicop proof that RC is slowing transforming Nicorp into a big Corporate Entity.
Posted by caltin > 2012-07-18 09:33 | Report Abuse
Hope he will accumulate further on it.
Posted by nubhan . > 2012-07-18 09:37 | Report Abuse
he got private placement at 20 cent. He will sell it at 30 cent++ get his money back. hahaha
Posted by eizmirr > 2012-07-18 16:38 | Report Abuse
I go with caltin....hope for the best
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Posted by Winny > 2012-07-17 21:35 | Report Abuse
If that private placement of 20sen is offered to RC,we can hope for a rally after that,just like what happened when he bgt over the harvest private placement at 403,hopefully same can happen to nicorp if he buys over that p/placement @ 20sen.