cytew, what will be the impact from private placement or right issue? The spread of shares is so huge at the moment. Price will gets lower and lower. Don't forget PP has been done last year.
Good stock also will down ; lousy stock also will up lo.. But it is very hard to find a share didnt rebound at all after big wash last year.. puc really win liao..
Does the conversion of ICULS and warrants generates proceeds to the company?
If so, a run through of the announcements by the company from period of 1-Jan-2019 to 31-Mac-2019, there would be roughly RM 23 million proceeds from the conversion.
The proposed acquisition of PW, there are settlement in cash and shares of PUC to the sellers (CCC, SGSB, BW) in 3 tranches.
Tranche 1: Upon completion of the acquisition, estimated to be in 2Q2019, RM 9 million to be paid to SGSB
Tranche 2: Upon release of FY2019 financial result of PW, and meeting profit guarantee of RM 25 million, RM 34.9 million to be paid to CCC (most probably in first half 2020)
Tranche 3: Upon release of FY2020 financial result of PW, and meeting profit guarantee of RM 28 million, RM 39.4 million to be paid to CCC (most probably in first half 2021)
Please correct me if I'm wrong.
The above information is not a recommendation for buy or sell.
And the other locations mentioned on Revenue Monster website:
1. tealive 2. llaollao 3. Gindaco 4. KK convenience store
Besides the locations above, the red payment terminal is also used for accepting Boost transactions in:
1. PappaRich
For comparison, there are also other payment terminal used for accepting Boost, like the one used in 99 Speedmart. This payment terminal in orange is by Sunmi.
Recall back in 23 November 2018, Revenue Monster (RMSB) and Founder Pay (FPSB), entered into agreement for leasing of payment terminals. Notable points include:
1. RMSB shall place a minimum order of 2,000 units of the Products within five (5) months from the date of the Product Lease Agreement
2. RMSB agrees to pay to FPSB a monthly rental rate based on the monthly Net Merchant Discount Rate (MDR) Revenue (as defined in the Product Lease Agreement) processed through each of the Products, or a minimum rent for each of the Products, whichever is higher.
Based on the above, we infer that the 2,000 units of payment terminal are being deployed majority in Petron, Starbucks, and KK Supermart.
Veron, you are right, there are also credit card with paywave feature that we find very convenient. Unless WeChat Pay offers promotion like cash back, there are unlikely mass adoption of the service.
The current e-wallet that is widely used in Malaysia is no doubt Boost as it offers cash back for almost every transaction we make.
The Board of Directors of PUC wishes to announce that the Company intends to seek its shareholders’ approval on the Proposed Renewal of Authority for Purchase of Own Shares by the Company (“Proposed Renewal of Share Buy-Back Authority”) at the forthcoming 21st Annual General Meeting ("AGM”) of the Company.
A statement in relation to the Proposed Renewal of Share Buy-Back Authority accompanying the Company’s notice of AGM will be issued to the shareholders of the Company in due course.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Daily8
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Posted by Daily8 > 2019-04-02 21:22 | Report Abuse
cytew a con man?