tomorrow can jump? YES.. tomorrow down? MAYBE... either up or down.. we do it together ... hihihihi..... when up .. AYAMTUA is good when down.. dont trash and bash me like CALVIN TAN...
ok ok .. i was just playing around lah! dont take me seriously fellas.. have a good day.. tomorrow if daring.. buy and hold... if scared or takut.. then you know what to do! AT was only being lucky .. nothing more nothing less... sorry for talk cocky - just want to play around with our dear angelina2... ha.. ha.. ha..
angelina2.. i love you ... ha.. ha.. ha.. dont be serious lah how to marry a guy like that? ha.. ha.. ha
Just wondering how the conversion to ran hill shares work? Din bother checking it out but smth like 10 shares become 1 share or smth like that? Doesn't sound very good for symphony share holders.?
why angelina said it is risky at 15cents, the owners are getting at 15cents, 30cents should be fair price for ranhill minority, i will sell mine at 30cents tomorrow =)
Ya la. I just scanned thru the rto article sometime ago. I din reli read properly but only thing I remember was that the conversion seems to make you lose money. I was wondering back then why buy shares but when the shares turn from symphony to ranhill shares then can be even cheaper and make you lose money. I wasn't reli sure what I read. Seems weird so I din read anymore. Seems confusing. Lol.
to recap what fortunebull.. if AT predict SYMPHONY UP today it happen but FORTUNEBULL predicted that AT hit jackpot.. so theoritically.. FORTUNEBULL is the best predictor around!
infact in DSONIC forum, told the world that people should listen to fortunebull ! his words more than kenanga, RHB, CIMB research house combined!
My sifu Fortunebull .. the predictor of the predictor !
Ayam Tua + Angelina2 = ? <-- I am a married man lah ..
ha.. ha.. ha ...
guys can we not be so serious? enjoy life ! tomorrow WE ALL MAKE MONEY not just in SYMPHONY but also in NTPM, FARMBES, KARYON, GHLSYS ETC ETC .... ha.. ha..
I give you my blessings of predictions ! ha.. ha.. ha ..
angelina, your assumption is not correct lar... read the announcement, proposed acquisition of ranhill shares at consideration of RM1.50, meaning whoever holds ranhill now, will get symphony shares at RM1.50 (after consolidate), meaning the owners are subsribing it at RM1.50(after conso) or RM0.15 now
660m symphony shares will be consolidate into 66m, then rights issue, one for one share.. assuming they raise rights issue of 66m shares at RM2.50, meaning RM165m cash
So now the total shares is 132m
Assuming price tag of ranhill is 600million, owners price tag is RM1.50, owners will receive 400 million new shares
Total shares will be 532million
the owners will get about 75% of symphony shares while minority gets 25%, this is assuming no offer for sale
i duno who commented on who lar, anyway, I don't think symphony shares will be goreng till RM1, nor it will be RM0.15, so take your own risk, goreng will goreng, the matter is what goreng target? 40CENTS? anyway 30cents for me, conditional on sentiment
HANDING OVER THE FORUM LEADERSHIP TO OUR CAPTAIN "KING OF THE RANHILL" SKYLTE ! TO MAN SYMPHONY SHIP !.... any questions about anything.. ask him.. ha.. ha.. ha...
fortunebull.. dont worry, my pal.. i just like to have fun with people especially prediction when comes (and you predict AT hit jackpot before) and you're in the middle of limelight.. grab that very moment and have fun while it last.. ha.. ha.. ha.. infact it was you predicted AT hit jackpot before ! .. ha.. ha.. ha..
anyway just kidding lah.. dont take it seriously .. enjoy life! tomorrow we all be rich beyond our wildest imagination either in symphony or any other counters lah ! have faith .. ha.. ha..
So sklyte, so if 27 cents now per share. If let say I hold 10 shares, 10x0.27=2.70. Then if rto become ranhill then does my 2.70 still stay at 2.70? And if not, that means got likelihood I will get a lesser offer price than 2.70 and be at a loss right?
I don't really get the idea la. But I assume if prices keep on going up from here. The symphony shareholders will be more at a disadvantage when time comes for RTO become ranhill. Becos probably ranhill won't pay such a steep price for the shares? Does my thoughts make sense?
And if this kind of thing happen, won't ranhill just go and target some cheaper company for RTO? Cos their main objective is just to get a shell company for listing in bursa.
A logical explanation will be very much appreciated. If anyone wants to promote this share you had better explain this conversion rto properly to potential buyers before you promote it any further.
steel heart i think ayamtua have some luck here, don't shoot him, he may not have the knowledge all those, anyway, tomorrow symphony most likely will go up, but mind you, don't chase high, above 30 is not a good price to buy
steelheart, after rights issue, your stock price will become theretical ex rights price, depending on how much the company is raising, it would not stay at RM2.70 of course, but definitely above RM2 as I don't see ranhill shareholders to subsribe at the same price as minority
Sklyte, I'm not shooting anyone. I don't shoot anyone becos of jealousy. I don't do that kind of stuff. But I would appreciate it If someone actually explains the conversion mechanism properly and if ayam tua is promoting it so actively, I would expect that he can explain it to all his target audience in a proper way so people understand the risks.
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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....
ronaldo96
763 posts
Posted by ronaldo96 > 2014-04-07 16:57 | Report Abuse
mustqim, what car ? BM?