@ char1234 luster hi chardo you know how much they want set for the right issue price ? MULTIPLE PROPOSALS (I) PROPOSED SHARE CONSOLIDATION; AND (II) PROPOSED RIGHTS ISSUE WITH WARRANTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
because if ri too low , it can drop till 0.045 or 0.04 like nexgram last time ?
These new Board members are crooks. Doing all those corporate exercises. See announcement dated 15 June 2017. They've done such similar exercises in companies like MNC Wireless, Sanichi, etc. Plan to suck shareholders money and benefit from their shady dealings. And obviously if you're not one of them, they'll remove whoever who stands in their way.
Heard that many key people in the company are leaving too, and its dominance as a market leader in engineering is fading away. People say the company has no direction now, and with the current leadership, this counter may go down very soon into nothingness. Unless a white knight is brought in to save it, which doesn't seem to be the case right now. Very Risky counter at the moment.
don't feel comfortable somehow. Still got a dozen lots of shares in here. think something fishy is going on inside. the current Board are all new, so means there has been a change of ownership in major shareholders. How come when the new Board took over, the share price keep tumbling?
somemore they say want to do share consolidation and rights issue. until now also no news. never liked the silence.
now teruk la, if can get out at 5 sen also i considered very lucky. jangan jangan counter go into PN17 worse, money stuck for good.....
hi everyone, just joined here but long time investor already. looking very tension in metronic now? don't want to get stuck leh, but if pull out now, also lose money... how man?? any tips?
ya roy, a friend is working there. got some insights on current situation. doesn't look good, bet its going down further. Last time thought 7 sen already hit rock bottom, now its unimaginable...4.5 sen... 7 sen was the ESOS price some more. In short, not safe la. Pity those who subscribed.
Can anyone show me how to cpunt paid up capital and equity to know whether the company going to be PN17. Can you please refer the financial result? Is the paid up capital equsl to share capital?
Based on my understanding and results taken from Mar 2017, the paid up is 75.8m and the equity is 62.3m. This works out to be 82%, which is still a long way to go before it reaches 25%. But there could be a new standard which increases this percentage to 50%.
lets wait to see the June results which will be out soon
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....
charles pang kah keet
1,821 posts
Posted by charles pang kah keet > 2017-07-12 10:21 | Report Abuse
OTHER COMPANY MESDAO COUNTER GORENG GAO GAO LIAO.......