Don’t be stupid dosn to ask shareholders to cut loss now or never. VC major shareholder cost maybe in the region of $0.10. If you are the major shareholder will you be willing to implement 156M PP at even $0.05 to allow a new investor to become a substantial shareholder at half your holding cost.?
now 4.5s? what a joke? where is this TurkeyPig. aka. long term shareholder pigman? just ask madam what the f*** is going on here? Market down VC down, market up VC also down...
Have confidence zhm540. No matter how you do the maths price much appreciate if BOD is serious in implementing the PP & Rights Issue. Remember it was at these price level when NSK bought into VC which saw CSY & others come in to defend their turft. My take is somebody is collecting vC cheaply. Are you going to collect more?
If somebody hostile were to seriously collect and emerge as a substantial shareholder am sure CSY and friendly parties will come out to defend a takeover.
sometime I also dont understand why long term shareholder not talking about company business but everyday talk about the share price one ha. Like this long term shareholder kah. Dont lie to yourself lah. long term shareholder more concern whether the company can make money or not leh but I hardly see the long term shareholders talking about it leh. Are you really a long term shareholder kah. lol
I wish Dato Neoh to come back and start buying again and take over the company from madam. push madam to convert more PA. I have more confident in Dato Neoh to run the company than madam.
What we need is some high net worth individuals to buy into VC with holding power to complement CSY or better still a hostile take over to stir VC BOD into action. Otherwise too complacent
2 farking oldman, why not just meet and fight it over, use fist use parang use gun no one care. instead both only pretend hero or whatever investor king. actually both are little mouse only dare to be a keyboard warrior and type macam macam here. please go get a life somewhere else
walao...suddenly come a newbie talk so loud. wei. spokeperson job is talk alot one mah. what keyboard warrior. sound familiar but dunno the meaning leh. lol
why today so quiet at here. all wtg budget kah. 3pm start . if free go are watch live ok. It may help VC also. Hope more goodies to help VC business lah. anyway this month will have special news for VC. just wait lah. ok. dont cutloss yet lah.
just started to comment doesn't means newbie - this can be most of the case EMPTY VESSEL MAKE THE MOST NOISE - this is ALWAYS be the case Who is the 2 empty vessel, they knew themselves and everyone here knew too.
Vortex: To raise up to RM84m via a rights issue, private placement. Vortex Consolidated is planning to raise up to RM84.18m via a rights issue and private placement, mainly for repayment of borrowings and working capital. Interestingly, the cash call amount is slightly more than its current market capitalisation of RM83.98m. The proposed rights issue will involve the issuance of up to 370.84m rights shares on the basis of one right share for every one share held. (The Edge)
Based on 31 Mac 2020 Financial Statement, VC needs to repay their term loan (Property development cost) of RM62,203,569 which payable in December 2021 at the interest rate of 7.0%. At least they can save the financing cost approx RM4.35m.
You talk so much where got use ler? Today I just play 0.045 & 0.05 ALREDY HUAT until don't know what to say lor! No need care about US election or Malaysia Budget lah! I Just care how much I have pocketed today liao! Tonight BIG BIG GALA dinner lor!
Some more you go & take a look at my FINTEC... Today both my pockets full until don't know where to put my NET NET MONEY lah! HUAT lah! What a Best day for me lor!
Getting ready to go for GALA dinner tonight! Next week continue to Huating again lah! Bye Bye Stupid Pig, you can continue Blink Blink your eyes and eat Pig Shit for the weekend lor!
Instead of Rights issue VC BOD can look into refinancing of the term loan or discuss with the existing bank to reduce the interest rate or extend the loan tenure. Directors can also sign personal guarantee if need be based on shares as collateral but unfortunately neither the Chairman or MD or the other ED (EG) are substantial shareholders. of VC. EG sold 91M VC on 21 July & CPH sold 45M on 9 July 2020 at way above current market price CPH & EG are substantial shareholders of other KLSE companies but not VC. Don’t tell me have no confidence to buy back VC to become substantial shareholders again when current VC price is now lower than what they sold back in July. Sad.
Asking shareholders to subscribe to rights issue and pump in money but Chairman, MD & ED are not even willing to become shareholders. BOD must show commitment and lead by example by first becoming substantial shareholders and pledge to subscribe for the rights before asking the ordinary shareholders to do the same
In most public listed companies normally the Executive Chairman, MD & Executive Directors are substantial shareholders just to secure their positions & prevent being removed by hostile parties during AGM/EGM. Are there any information not disclose hat prevent them from buying back VC shares that they sold back in July to become substantial shareholders again?
I m switching to AT now. Although no of shares issued is much larger, the management is more proactive and clever to take advantage of the situation to announce plans which the shareholders, be it long term of short term, are waiting for. Unlike VC where the management is so f***ing bz with themselves.
yahoooooo....what a greatest news.top 10 shareholder finally cutloss today. congratulation to VC long term shareholder. no more top 10 shareholder bising bising everyday at here anymore. lol.
zhm540 I m switching to AT now. Although no of shares issued is much larger, the management is more proactive and clever to take advantage of the situation to announce plans which the shareholders, be it long term of short term, are waiting for. Unlike VC where the management is so f***ing bz with themselves. 09/11/2020 9:22 AM
sometime huat. dont talk cock. you everytime huat here leh. everytime 4.5sen in front all you can get meh. show proof leh. at least show the transactions to us leh else dintceveryday takk cock at here leh. hear also sianzzzzz leh. lol
walao...who is this dosn. everyday cut n paste same comment from 3rd nov. still cutloss 4.5sen kah. cutloss. today can get 5sen why cutloss at 4.5sen leh. are you correct with your statement. why ask ppl to cutloss. you dont have share to cutloss then ask other shareholders to cutloss kah. lol
sometime huat. how many weeks already. where is your 2 sen you predicted one. why still not yet come leh. I m wtg until neck very long leh. can get or not. dont blow water leh. cannot get dont comment until so convincing. it make my po li sim broken. lol.
sometime huat. why keep blowing water. you everytime buy 4.5sen. can get meh. show proof also cannot show. how to believe leh. I wtg QR every 3 moths lah. long term shareholder mah. wtg RI also mah. told you so many times already mehm you boh tak chek one dont understand kah. no wonder call you Ah Hui from wet market one lah. lol
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....
WaaTakTahu
975 posts
Posted by WaaTakTahu > 2020-11-04 16:55 | Report Abuse
ha ha ha huii!! huii!! huii!!
Dear TurkeyPIG,
Unrealistic, now I put up more VC @ 0.05 for you to buy lor...
You just calculate how Huat am I today lah!
ha ha ha huii!! huii!! huii!!