HARVEST MIRACLE CAPITAL BERHAD

KLSE (MYR): HM (0060)

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Last Price

0.26

Today's Change

-0.005 (1.89%)

Day's Change

0.26 - 0.27

Trading Volume

969,700


27 people like this.

23,600 comment(s). Last comment by sangjero 1 week ago

mh87

3,966 posts

Posted by mh87 > 2020-04-08 15:38 | Report Abuse

Looks like big players are buying and selling among them at 0.07

up88up

598 posts

Posted by up88up > 2020-04-08 15:38 | Report Abuse

y run now?

mh87

3,966 posts

Posted by mh87 > 2020-04-08 15:39 | Report Abuse

Support is quickly coming back at 0.07..
Stay calm..

sammmy

1,170 posts

Posted by sammmy > 2020-04-08 15:44 | Report Abuse

Don’t so scare la. Lol stay calm

Reap88

681 posts

Posted by Reap88 > 2020-04-08 15:52 | Report Abuse

CSY 126,800,000 Dato 80,000,000 CPH 48,530,000 Conversion ICPS (Owner not revel) 55,000,000 Total 310,330,000 Total available open market for grab 326,688,225 to get board control

mh87

3,966 posts

Posted by mh87 > 2020-04-08 15:55 | Report Abuse

Some counters are suddenly plunge from top..
As long as VC able to maintain between 7 and 7.5 then ok la..

Michael Kwok

6,454 posts

Posted by Michael Kwok > 2020-04-08 16:10 | Report Abuse

My dear friend,there won't come out and goreng for less than 1 month if no takeover as worst case scenario.If not Dato Neoh and Madam Chan would not come out invest.There can wait.Usually it will come up for at least 4 months(if plain sailing) once VC touch oversold level(0).

prince4

1,459 posts

Posted by prince4 > 2020-04-08 16:11 | Report Abuse

still holding together happy on the way 10c

Reap88

681 posts

Posted by Reap88 > 2020-04-08 16:15 | Report Abuse

Agreed. No reason for CSY to convert ICPS & lose money if not serious.

Michael Kwok

6,454 posts

Posted by Michael Kwok > 2020-04-08 16:17 | Report Abuse

It's come out so many news like injection of budinesses,takeover and buying a last stockbroking firm.So it add momentum to it run.

Reap88

681 posts

Posted by Reap88 > 2020-04-08 16:20 | Report Abuse

May eventually look at VC-WB to obtain additional shares

Michael Kwok

6,454 posts

Posted by Michael Kwok > 2020-04-08 16:24 | Report Abuse

See who is the one who snap up the shares by 5.30 pm today.Its weird is that both convert the preference shares 15 cents and bought the preference shares.

sammmy

1,170 posts

Posted by sammmy > 2020-04-08 17:14 | Report Abuse

its 3/4/2020. told you guys. insider purposely to delay the announcement

super_newbie

1,261 posts

Posted by super_newbie > 2020-04-08 17:20 | Report Abuse

nope, total 90M only after all the changes

Posted by Lukesharewalker > 2020-04-08 17:21 | Report Abuse

Pledged shares for margin

sammmy

1,170 posts

Posted by sammmy > 2020-04-08 17:31 | Report Abuse

THERE IS ANOTHER NEW SHAREHOLDER BUYING?

sammmy

1,170 posts

Posted by sammmy > 2020-04-08 17:31 | Report Abuse

INTERESTING

Michael Kwok

6,454 posts

Posted by Michael Kwok > 2020-04-08 17:57 | Report Abuse

Tommorow listing of Madam Chan preferences shares.The information is delay due to price sensitive information.Delay few days.

hallowe2n

21 posts

Posted by hallowe2n > 2020-04-08 17:59 | Report Abuse

Why price sensitive?

sammmy

1,170 posts

Posted by sammmy > 2020-04-08 18:06 | Report Abuse

Interesting. I want to know who is accumulating today.

sammmy

1,170 posts

Posted by sammmy > 2020-04-08 18:10 | Report Abuse

Michael kwok, madam share doesn’t include to the issue share. The 100M icps is another conversion transaction not?

Michael Kwok

6,454 posts

Posted by Michael Kwok > 2020-04-08 18:41 | Report Abuse

It's add on to the no of shares starting tommorow.637 million for no of shares for VC.Dato Neoh 12 percent and Madam Chan 19 percent.The percentage based on nosh 637 millions.More interesting will be on Fri for Wednesday whose taking the lead.

sammmy

1,170 posts

Posted by sammmy > 2020-04-08 19:02 | Report Abuse

The current 537M of shares is included madam chan 128m?

Reap88

681 posts

Posted by Reap88 > 2020-04-08 19:10 | Report Abuse

If Dato wants to take Board control needs to acquire another 234 879,294 based on existing 90 000 000 as reported. Available on the market only about 300,000,000 Foresee there will be a scramble for VC-WB & VC PA in the near future for additional shares to convert to VC

super_newbie

1,261 posts

Posted by super_newbie > 2020-04-08 19:17 | Report Abuse

537M excluded the 100M new conversion. After tomorrow the NOSH= 637,018,225

sammmy

1,170 posts

Posted by sammmy > 2020-04-08 19:26 | Report Abuse

Yes I know. But how about the madam chan 128M? She convert from icps as well. Not included?

sammmy

1,170 posts

Posted by sammmy > 2020-04-08 19:27 | Report Abuse

Reap88 , yes I am excited to know who was the one acquired just now. Huge volume. 100M

Reap88

681 posts

Posted by Reap88 > 2020-04-08 19:39 | Report Abuse

Probably either Dato or old guard. If deduct today's 100m only left 200,000,000 available in the market Either party will be scrambling for those shares. Not much PA left for conversation. Can convert to only about 47m VC max

Reap88

681 posts

Posted by Reap88 > 2020-04-08 19:42 | Report Abuse

If another new investor enter the game will be even more crazy scramble for shares to take board control

CharlesT

14,959 posts

Posted by CharlesT > 2020-04-08 19:57 | Report Abuse

3 PA (2.5 cents x3 =7.5 cents) = 1 mother
1 WA+ 0.15 (3.5 cents +15 cents=18.5 cents) = 1 mother

Any insane people to buy WA n exercise it?

Posted by Lukesharewalker > 2020-04-08 20:12 | Report Abuse

Lol

Posted by Investsucess Trader > 2020-04-08 20:15 | Report Abuse

Later drops back to 0.045, Lol

super_newbie

1,261 posts

Posted by super_newbie > 2020-04-08 22:54 | Report Abuse

sammmy, the 100.5M conversion belongs to Mdm Chan. Prior to these the NOSH is 536,913,225 after the don't know who 55M conversion.

F1Trade

181 posts

Posted by F1Trade > 2020-04-08 23:07 | Report Abuse

TP 20C

super_newbie

1,261 posts

Posted by super_newbie > 2020-04-08 23:12 | Report Abuse

The ICPS may be converted into new Vortex Shares at the conversion price of RM0.15 ("Conversion Price") in the following manner:

(i) by surrendering for cancellation the ICPS with an aggregate issue price of the ICPS equivalent to the Conversion Price, subject to the conversion ratio of the ICPS at a minimum of 1 ICPS and up to a maximum of 3 ICPS ("Conversion Ratio"); and

(ii) by paying the difference between the aggregate issue price of ICPS surrendered and the Conversion Price, if any, in cash, for every 1 new Vortex Share.

In short, ICPS holder can either exchange one ordinary share with 3 PA or pay additional 10 cent and surrender 1 for 1.

super_newbie

1,261 posts

Posted by super_newbie > 2020-04-08 23:17 | Report Abuse

1) Mdm Chan owning total of 347,745,403 ICPS consists of Kenanga Nominees (Tempatan) Sdn. Bhd.Pledged Securities Account For Chan Swee Ying 202,490,303 and Chan Swee Ying 145,255,100.

2) Prior to these all, she is one of the top 30 shareholder with 2,618,600 ordinary shares.

I believe she using second method by pump in 10M to convert the total of 100.5M ICPS to ordinary shares + existing 2.6M + some acquisition in open market to make it total holding of 128M ordinary shares now.

super_newbie

1,261 posts

Posted by super_newbie > 2020-04-08 23:19 | Report Abuse

someone correct me if my analysis and clarification is wrong, newbie learning play shares here :))

sammmy

1,170 posts

Posted by sammmy > 2020-04-09 09:06 | Report Abuse

Dato haven’t join in the force

sammmy

1,170 posts

Posted by sammmy > 2020-04-09 09:07 | Report Abuse

Ok dato come already. Build strong support at 7.5

sammmy

1,170 posts

Posted by sammmy > 2020-04-09 09:08 | Report Abuse

Clearing 8cent soon

up88up

598 posts

Posted by up88up > 2020-04-09 09:08 | Report Abuse

last chance to buy at 0.08!!

sammmy

1,170 posts

Posted by sammmy > 2020-04-09 09:09 | Report Abuse

Last chance for 8cent

sammmy

1,170 posts

Posted by sammmy > 2020-04-09 09:10 | Report Abuse

Charles yes. I join last year. Earn a bit only hahaha

sammmy

1,170 posts

Posted by sammmy > 2020-04-09 09:11 | Report Abuse

Their goreng pattern. Same time period. If you do your research you will know haha.

CharlesT

14,959 posts

Posted by CharlesT > 2020-04-09 09:14 | Report Abuse

As long as there is no sudden plunge then party shall continue...

Still early I think

up88up

598 posts

Posted by up88up > 2020-04-09 09:14 | Report Abuse

today break 0.10!

mh87

3,966 posts

Posted by mh87 > 2020-04-09 09:15 | Report Abuse

Maybe this round will move above 0.15

sammmy

1,170 posts

Posted by sammmy > 2020-04-09 09:19 | Report Abuse

Charles. CBL won’t sell his conversion below 15cent. 10M loss. That’s huge

sammmy

1,170 posts

Posted by sammmy > 2020-04-09 09:19 | Report Abuse

And if he sell. He will lost his control of board as well

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